Western Digital Stock Fundamentals
| WDC Stock | USD 63.96 3.42 5.08% |
Western Digital fundamentals help investors to digest information that contributes to Western Digital's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Digital stock.
At present, Western Digital's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 704.1 M, whereas Total Revenue is forecasted to decline to about 8.1 B. Western | Select Account or Indicator |
Western Digital Company Shares Outstanding Analysis
Western Digital's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Western Digital Shares Outstanding | 345.71 M |
Most of Western Digital's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Western Shares Outstanding Historical Pattern
Today, most investors in Western Digital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Digital's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Western Digital shares outstanding as a starting point in their analysis.
Western Digital Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Western Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Western Digital has 345.71 M of shares currently outstending. This is 82.03% higher than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 39.54% higher than that of the company.
Western Digital Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Digital's current stock value. Our valuation model uses many indicators to compare Western Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Digital competition to find correlations between indicators driving Western Digital's intrinsic value. More Info.Western Digital is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 1.22 of Return On Asset per Return On Equity. At present, Western Digital's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Digital's earnings, one of the primary drivers of an investment's value.Western Digital's Earnings Breakdown by Geography
Western Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Digital's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Digital could also be used in its relative valuation, which is a method of valuing Western Digital by comparing valuation metrics of similar companies.Western Digital is currently under evaluation in shares outstanding category among its peers.
Western Digital ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Western Digital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Digital's managers, analysts, and investors.Environmental | Governance | Social |
Western Fundamentals
| Return On Equity | 0.0332 | ||||
| Return On Asset | 0.0404 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 29.22 B | ||||
| Shares Outstanding | 345.71 M | ||||
| Shares Owned By Insiders | 0.31 % | ||||
| Shares Owned By Institutions | 99.69 % | ||||
| Number Of Shares Shorted | 17.91 M | ||||
| Price To Earning | 31.52 X | ||||
| Price To Book | 2.00 X | ||||
| Price To Sales | 1.62 X | ||||
| Revenue | 13 B | ||||
| Gross Profit | 5.87 B | ||||
| EBITDA | 1.02 B | ||||
| Net Income | (798 M) | ||||
| Cash And Equivalents | 2.05 B | ||||
| Cash Per Share | 6.45 X | ||||
| Total Debt | 8.01 B | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 33.65 X | ||||
| Cash Flow From Operations | (294 M) | ||||
| Short Ratio | 3.80 X | ||||
| Earnings Per Share | 0.91 X | ||||
| Price To Earnings To Growth | 490.33 X | ||||
| Target Price | 91.05 | ||||
| Number Of Employees | 51 K | ||||
| Beta | 1.39 | ||||
| Market Capitalization | 23.29 B | ||||
| Total Asset | 24.19 B | ||||
| Retained Earnings | 6.78 B | ||||
| Working Capital | 1.97 B | ||||
| Current Asset | 12.58 B | ||||
| Current Liabilities | 6.95 B | ||||
| Five Year Return | 3.23 % | ||||
| Net Asset | 24.19 B |
About Western Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Digital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 603.8 M | 633.9 M | |
| Total Revenue | 13 B | 8.1 B | |
| Cost Of Revenue | 9.8 B | 6.1 B | |
| Stock Based Compensation To Revenue | 0.02 | 0.03 | |
| Sales General And Administrative To Revenue | 0.06 | 0.07 | |
| Research And Ddevelopement To Revenue | 0.15 | 0.16 | |
| Capex To Revenue | 0.04 | 0.07 | |
| Revenue Per Share | 39.89 | 38.74 | |
| Ebit Per Revenue | 0.03 | (0.10) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Western Digital Piotroski F Score and Western Digital Altman Z Score analysis. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Technology Hardware, Storage & Peripherals space 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 0.91 | Revenue Per Share 43.315 | Quarterly Revenue Growth (0.41) | Return On Assets 0.0404 |
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.