Western Digital Stock Beneish M Score

WDC Stock  EUR 66.69  1.39  2.13%   
This module uses fundamental data of WESTERN DIGITAL to approximate the value of its Beneish M Score. WESTERN DIGITAL M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade WESTERN Stock refer to our How to Trade WESTERN Stock guide.
  
At this time, WESTERN DIGITAL's M Score is inapplicable. The earnings manipulation may begin if WESTERN DIGITAL's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by WESTERN DIGITAL executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of WESTERN DIGITAL's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

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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.

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Additional Information and Resources on Investing in WESTERN Stock

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
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.
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.