Western Digital Net Worth
Western Digital Net Worth Breakdown | WDC |
Western Digital Net Worth Analysis
Western Digital's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Western Digital's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Western Digital's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Western Digital's net worth analysis. One common approach is to calculate Western Digital's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Western Digital's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Western Digital's net worth. This approach calculates the present value of Western Digital's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Western Digital's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Western Digital's net worth. This involves comparing Western Digital's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Western Digital's net worth relative to its peers.
Enterprise Value |
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To determine if Western Digital is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Western Digital's net worth research are outlined below:
The company reported the last year's revenue of 12.32 B. Reported Net Loss for the year was (1.71 B) with profit before taxes, overhead, and interest of 5.87 B. | |
Western Digital has about 2.05 B in cash with (408 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.45. | |
Over 95.0% of the company outstanding shares are owned by institutional investors | |
Latest headline from blocksandfiles.com: Disposition of 2169 shares by Gene Zamiska of Western Digital at 45.42 subject to Rule 16b-3 |
Western Digital Quarterly Good Will |
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Western Digital uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Western Digital. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Western Digital's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of May 2024 Upcoming Quarterly Report | View | |
29th of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
29th of July 2024 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Know Western Digital's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Western Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Digital backward and forwards among themselves. Western Digital's institutional investor refers to the entity that pools money to purchase Western Digital's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Citadel Advisors Llc | 2023-09-30 | 5.3 M | Balyasny Asset Management Llc | 2023-12-31 | 4.9 M | Slate Path Capital Lp | 2023-12-31 | 4.8 M | Alliancebernstein L.p. | 2023-12-31 | 4.5 M | Amvescap Plc. | 2023-12-31 | 4.3 M | Ameriprise Financial Inc | 2023-12-31 | 4.1 M | Kodai Capital Management Lp | 2023-12-31 | 4.1 M | Point72 Asset Management, L.p. | 2023-09-30 | 3.3 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.1 M | Vanguard Group Inc | 2023-12-31 | 38.6 M | Blackrock Inc | 2023-12-31 | 27.4 M |
Follow Western Digital's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 22.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Digital's market, we take the total number of its shares issued and multiply it by Western Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Western Digital's profitablity
Western Digital's profitability indicators refer to fundamental financial ratios that showcase Western Digital's ability to generate income relative to its revenue or operating costs. If, let's say, Western Digital is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Western Digital's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Western Digital's profitability requires more research than a typical breakdown of Western Digital's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.11) | (0.10) | |
Return On Capital Employed | (0.06) | (0.06) | |
Return On Assets | (0.06) | (0.06) | |
Return On Equity | (0.14) | (0.15) |
When accessing Western Digital's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Western Digital's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Western Digital's profitability and make more informed investment decisions.
The data published in Western Digital's official financial statements usually reflect Western Digital's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Western Digital. For example, before you start analyzing numbers published by Western accountants, it's critical to develop an understanding of what Western Digital's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of Western Digital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Digital's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Western Digital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Western Digital. Please utilize our Beneish M Score to check the likelihood of Western Digital's management manipulating its earnings.
Evaluate Western Digital's management efficiency
Western Digital has Return on Asset of (0.0258) % which means that on every $100 spent on assets, it lost $0.0258. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1335) %, meaning that it generated no profit with money invested by stockholders. Western Digital's management efficiency ratios could be used to measure how well Western Digital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.1. The current year's Return On Capital Employed is expected to grow to -0.06. At present, Western Digital's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 3.4 B, whereas Intangible Assets are forecasted to decline to about 87.4 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 30.70 | 32.23 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (33.42) | (31.75) | |
Enterprise Value Over EBITDA | (74.53) | (70.80) | |
Price Book Value Ratio | 1.28 | 1.21 | |
Enterprise Value Multiple | (74.53) | (70.80) | |
Price Fair Value | 1.28 | 1.21 | |
Enterprise Value | 3.4 B | 3.5 B |
The analysis of Western Digital's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Western Digital's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Western Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 2.6932 | Revenue 11.9 B | Quarterly Revenue Growth (0.41) | Revenue Per Share 36.933 | Return On Equity (0.13) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Western Digital insiders, such as employees or executives, is commonly permitted as long as it does not rely on Western Digital's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Western Digital insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David Goeckeler over two months ago Disposition of 2722 shares by David Goeckeler of Western Digital at 54.13 subject to Rule 16b-3 | ||
Gene Zamiska over three months ago Payment of 220 shares by Gene Zamiska of Western Digital subject to Rule 16b-3 | ||
Gene Zamiska over six months ago Sale by Gene Zamiska of 2169 shares of Western Digital | ||
Gene Zamiska over six months ago Payment of 881 shares by Gene Zamiska of Western Digital subject to Rule 16b-3 | ||
Gene Zamiska over six months ago Exercise or conversion by Gene Zamiska of 107 shares of Western Digital subject to Rule 16b-3 | ||
Gene Zamiska over six months ago Payment of 162 shares by Gene Zamiska of Western Digital subject to Rule 16b-3 |
Western Digital Corporate Filings
10Q | 30th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 9th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
29th of March 2024 Other Reports | ViewVerify |
Western Digital Earnings per Share Projection vs Actual
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Our tools can tell you how much better you can do entering a position in Western Digital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Western Digital Corporate Directors
Western Digital corporate directors refer to members of a Western Digital board of directors. The board of directors generally takes responsibility for the Western Digital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Western Digital's board members must vote for the resolution. The Western Digital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Paula Price | Independent Director | Profile | |
Len Lauer | Independent Director | Profile | |
Martin Cole | Director | Profile | |
Kathleen Cote | Independent Director | Profile |
How to buy Western Stock?
The net worth of Western Digital is the difference between its total assets and liabilities. Western Digital's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Western Digital's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Western Digital's net worth can be used as a measure of its financial health and stability which can help investors to decide if Western Digital is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Western Digital stock.Already Invested in Western Digital?
The danger of trading Western Digital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.Note that the Western Digital information on this page should be used as a complementary analysis to other Western Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Western Stock analysis
When running Western Digital's price analysis, check to measure Western Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Digital is operating at the current time. Most of Western Digital's value examination focuses on studying past and present price action to predict the probability of Western Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Digital's price. Additionally, you may evaluate how the addition of Western Digital to your portfolios can decrease your overall portfolio volatility.
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Is Western Digital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Digital. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (5.07) | Revenue Per Share 36.933 | Quarterly Revenue Growth (0.41) | Return On Assets (0.03) |
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Digital's market value can be influenced by many factors that don't directly affect Western Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.