Workday Stock Return On Equity

WDAY Stock  USD 273.62  3.76  1.36%   
Workday fundamentals help investors to digest information that contributes to Workday's financial success or failures. It also enables traders to predict the movement of Workday Stock. The fundamental analysis module provides a way to measure Workday'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 Workday stock.
Return On Equity is likely to rise to 0.58 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Workday Return On Equity Analysis

Workday's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Workday Return On Equity

0.58

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Workday Return On Equity

    
  0.2  
Most of Workday's fundamental indicators, such as Return On Equity, 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, Workday is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Workday Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Workday is extremely important. It helps to project a fair market value of Workday Stock properly, considering its historical fundamentals such as Return On Equity. Since Workday's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Workday's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Workday's interrelated accounts and indicators.
0.950.930.940.990.990.990.990.220.99-0.690.750.920.990.940.730.980.190.680.70.980.850.980.990.360.940.860.880.55-0.64
0.950.860.850.950.960.960.910.180.95-0.760.830.90.960.920.750.920.130.720.670.940.750.940.940.460.880.730.820.45-0.52
0.930.860.770.950.940.940.890.140.96-0.790.730.730.950.960.850.870.480.810.690.960.70.970.930.350.950.840.810.27-0.43
0.940.850.770.90.90.90.960.310.88-0.470.620.950.880.770.50.98-0.020.390.640.860.950.860.920.250.830.830.840.77-0.77
0.990.950.950.90.990.990.970.250.99-0.770.780.890.990.950.80.970.280.740.750.990.810.990.990.40.940.830.850.45-0.56
0.990.960.940.90.990.990.960.251.0-0.770.80.91.00.950.790.970.260.740.730.990.810.990.980.430.940.820.860.46-0.55
0.990.960.940.90.990.990.970.210.99-0.740.810.911.00.960.770.970.210.730.70.990.820.980.990.380.960.840.880.5-0.56
0.990.910.890.960.970.960.970.190.96-0.580.670.920.960.910.650.980.120.590.660.950.880.950.980.280.930.880.890.63-0.73
0.220.180.140.310.250.250.210.190.25-0.330.130.290.220.060.290.290.20.10.550.220.180.210.250.430.03-0.030.040.1-0.16
0.990.950.960.880.991.00.990.960.25-0.780.780.881.00.970.820.950.290.770.731.00.781.00.990.430.940.810.850.43-0.56
-0.69-0.76-0.79-0.47-0.77-0.77-0.74-0.58-0.33-0.78-0.82-0.53-0.78-0.78-0.93-0.62-0.59-0.89-0.77-0.78-0.35-0.79-0.72-0.55-0.68-0.45-0.510.14-0.04
0.750.830.730.620.780.80.810.670.130.78-0.820.720.810.790.710.720.250.730.660.770.60.770.770.230.780.630.770.24-0.08
0.920.90.730.950.890.90.910.920.290.88-0.530.720.880.790.530.95-0.150.470.60.860.880.840.90.370.810.710.830.73-0.68
0.990.960.950.880.991.01.00.960.221.0-0.780.810.880.970.810.950.270.770.711.00.780.990.990.410.950.820.860.44-0.54
0.940.920.960.770.950.950.960.910.060.97-0.780.790.790.970.830.870.310.850.660.980.670.970.950.340.960.80.840.3-0.45
0.730.750.850.50.80.790.770.650.290.82-0.930.710.530.810.830.650.60.930.80.830.350.840.760.590.720.480.6-0.13-0.13
0.980.920.870.980.970.970.970.980.290.95-0.620.720.950.950.870.650.120.560.70.940.920.940.970.330.910.850.870.65-0.68
0.190.130.48-0.020.280.260.210.120.20.29-0.590.25-0.150.270.310.60.120.50.40.29-0.020.350.240.130.290.280.08-0.510.29
0.680.720.810.390.740.740.730.590.10.77-0.890.730.470.770.850.930.560.50.670.790.240.780.710.460.720.450.58-0.19-0.04
0.70.670.690.640.750.730.70.660.550.73-0.770.660.60.710.660.80.70.40.670.710.510.730.730.440.60.460.60.1-0.23
0.980.940.960.860.990.990.990.950.221.0-0.780.770.861.00.980.830.940.290.790.710.750.990.980.440.940.80.840.4-0.54
0.850.750.70.950.810.810.820.880.180.78-0.350.60.880.780.670.350.92-0.020.240.510.750.760.830.060.80.880.820.82-0.69
0.980.940.970.860.990.990.980.950.211.0-0.790.770.840.990.970.840.940.350.780.730.990.760.980.410.950.830.840.38-0.53
0.990.940.930.920.990.980.990.980.250.99-0.720.770.90.990.950.760.970.240.710.730.980.830.980.320.940.850.870.5-0.6
0.360.460.350.250.40.430.380.280.430.43-0.550.230.370.410.340.590.330.130.460.440.440.060.410.320.18-0.10.09-0.13-0.14
0.940.880.950.830.940.940.960.930.030.94-0.680.780.810.950.960.720.910.290.720.60.940.80.950.940.180.910.90.45-0.48
0.860.730.840.830.830.820.840.88-0.030.81-0.450.630.710.820.80.480.850.280.450.460.80.880.830.85-0.10.910.860.59-0.57
0.880.820.810.840.850.860.880.890.040.85-0.510.770.830.860.840.60.870.080.580.60.840.820.840.870.090.90.860.6-0.58
0.550.450.270.770.450.460.50.630.10.430.140.240.730.440.3-0.130.65-0.51-0.190.10.40.820.380.5-0.130.450.590.6-0.8
-0.64-0.52-0.43-0.77-0.56-0.55-0.56-0.73-0.16-0.56-0.04-0.08-0.68-0.54-0.45-0.13-0.680.29-0.04-0.23-0.54-0.69-0.53-0.6-0.14-0.48-0.57-0.58-0.8
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Workday Other Stockholder Equity

Other Stockholder Equity

10.28 Billion

At this time, Workday's Other Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Workday has a Return On Equity of 0.2021. This is 101.68% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all United States stocks is 165.19% lower than that of the firm.

Workday Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Workday's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Workday could also be used in its relative valuation, which is a method of valuing Workday by comparing valuation metrics of similar companies.
Workday is currently under evaluation in return on equity category among related companies.

Workday 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, Workday's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Workday's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Workday Fundamentals

About Workday Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Workday's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Workday using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Workday 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 ReportedProjected for 2024
Return On Equity 0.17  0.58 

Workday Investors Sentiment

The influence of Workday's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Workday. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Workday's public news can be used to forecast risks associated with an investment in Workday. The trend in average sentiment can be used to explain how an investor holding Workday can time the market purely based on public headlines and social activities around Workday. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Workday's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Workday's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Workday's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Workday.

Workday Implied Volatility

    
  36.28  
Workday's implied volatility exposes the market's sentiment of Workday stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workday's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workday stock will not fluctuate a lot when Workday's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workday in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workday's short interest history, or implied volatility extrapolated from Workday options trading.

Also Currently Popular

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 Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday'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 Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:
Check out Workday Piotroski F Score and Workday Altman Z Score analysis.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Note that the Workday information on this page should be used as a complementary analysis to other Workday'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Workday Stock analysis

When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Is Workday'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 Workday. If investors know Workday 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 Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.2
Revenue Per Share
27.776
Quarterly Revenue Growth
0.168
Return On Assets
0.0076
Return On Equity
0.2021
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday'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 Workday's market value can be influenced by many factors that don't directly affect Workday'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 Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday'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.