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 13 B. Reported Net Loss for the year was (798 M) with profit before taxes, overhead, and interest of 5.87 B. | |
| Western Digital has about 2.05 B in cash with (294 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.45. | |
| Western Digital has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association |
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 | Barclays Plc | 2024-06-30 | 6.3 M | Norges Bank | 2024-06-30 | 5.9 M | Ameriprise Financial Inc | 2024-06-30 | 5.5 M | Millennium Management Llc | 2024-06-30 | 5 M | Citadel Advisors Llc | 2024-06-30 | 4.7 M | Alliancebernstein L.p. | 2024-06-30 | 4.3 M | Nuveen Asset Management, Llc | 2024-06-30 | 3.7 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 3.7 M | Two Sigma Advisers, Llc | 2024-06-30 | 3.7 M | Vanguard Group Inc | 2024-09-30 | 41 M | Blackrock Inc | 2024-06-30 | 28.1 M |
Follow Western Digital's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 22.78 B.Market Cap |
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Project Western Digital's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.06) | (0.12) | |
| Return On Capital Employed | (0.02) | (0.07) | |
| Return On Assets | (0.03) | (0.07) | |
| Return On Equity | (0.07) | (0.16) |
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.
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. 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 0.0404 % which means that on every $100 spent on assets, it made $0.0404 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0332 %, implying that it generated $0.0332 on every 100 dollars invested. 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. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.12. In addition to that, Return On Capital Employed is expected to decline to -0.07. 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 1.6 B, whereas Total Current Assets are forecasted to decline to about 4.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 33.89 | 2.75 | |
| Tangible Book Value Per Share | 2.87 | (29.06) | |
| Enterprise Value Over EBITDA | 93.38 | (42.77) | |
| Price Book Value Ratio | 2.28 | 1.11 | |
| Enterprise Value Multiple | 93.38 | (42.77) | |
| Price Fair Value | 2.28 | 1.11 | |
| Enterprise Value | 3.4 B | 3.5 B |
Management at Western Digital focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Enterprise Value Revenue 1.9511 | Revenue 14.3 B | Quarterly Revenue Growth (0.41) | Revenue Per Share 43.315 | Return On Equity 0.0332 |
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.
Western Digital Corporate Filings
F4 | 18th of November 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 |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Western Digital Earnings per Share Projection vs Actual
Western Digital Corporate Management
| David Goeckeler | CEO Director | Profile | |
| Gene Zamiska | Senior Officer | Profile | |
| David Tang | Senior Marketing | Profile | |
| Robert Soderbery | Executive Business | Profile |
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 closely tied 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.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.