Westpac Banking Stock Fundamentals

WEBNF Stock  USD 22.00  0.97  4.61%   
Westpac Banking fundamentals help investors to digest information that contributes to Westpac Banking's financial success or failures. It also enables traders to predict the movement of Westpac Pink Sheet. The fundamental analysis module provides a way to measure Westpac Banking'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 Westpac Banking pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Westpac Banking Company Shares Outstanding Analysis

Westpac Banking'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.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Westpac Banking Shares Outstanding

    
  3.5 B  
Most of Westpac Banking'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, Westpac Banking is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Westpac Banking has 3.5 B of shares currently outstending. This is 90.49% higher than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.

Westpac Banking Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Westpac Banking's current stock value. Our valuation model uses many indicators to compare Westpac Banking value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westpac Banking competition to find correlations between indicators driving Westpac Banking's intrinsic value. More Info.
Westpac Banking is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Westpac Banking is roughly  13.78 . 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 Westpac Banking's earnings, one of the primary drivers of an investment's value.

Westpac Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westpac Banking's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Westpac Banking could also be used in its relative valuation, which is a method of valuing Westpac Banking by comparing valuation metrics of similar companies.
Westpac Banking is currently under evaluation in shares outstanding category among its peers.

Westpac Fundamentals

About Westpac Banking Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westpac Banking's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westpac Banking using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westpac Banking 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.
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 34637 people.

Currently Active Assets on Macroaxis

Other Information on Investing in Westpac Pink Sheet

Westpac Banking financial ratios help investors to determine whether Westpac Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westpac with respect to the benefits of owning Westpac Banking security.