Western Digital Stock Return On Asset
| WDC Stock | USD 69.14 0.78 1.12% |
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.
The current year's Return On Assets is expected to grow to -0.06. Western | Return On Asset |
Western Digital Company Return On Asset Analysis
Western Digital's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Western Digital Return On Asset | -0.0442 |
Most of Western Digital's fundamental indicators, such as Return On Asset, 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 Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Digital is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Return On Asset. Since Western Digital'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 Western Digital'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 Western Digital's interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Western Total Assets
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Based on the latest financial disclosure, Western Digital has a Return On Asset of -0.0442. This is 98.47% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 68.43% lower than that of the firm.
Western Return On Asset 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 Return On Asset 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 return on asset category among related companies.
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.Environment Score | Governance Score | Social Score |
Western Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0442 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 30.32 B | ||||
| Shares Outstanding | 326.48 M | ||||
| Shares Owned By Insiders | 0.34 % | ||||
| Shares Owned By Institutions | 95.28 % | ||||
| Number Of Shares Shorted | 16.03 M | ||||
| Price To Earning | 31.52 X | ||||
| Price To Book | 2.34 X | ||||
| Price To Sales | 2.09 X | ||||
| Revenue | 12.32 B | ||||
| Gross Profit | 5.87 B | ||||
| EBITDA | (264 M) | ||||
| Net Income | (1.71 B) | ||||
| Cash And Equivalents | 2.05 B | ||||
| Cash Per Share | 6.45 X | ||||
| Total Debt | 7.07 B | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 30.88 X | ||||
| Cash Flow From Operations | (408 M) | ||||
| Short Ratio | 2.32 X | ||||
| Earnings Per Share | (7.26) X | ||||
| Price To Earnings To Growth | 490.33 X | ||||
| Target Price | 85.28 | ||||
| Number Of Employees | 53 K | ||||
| Beta | 1.55 | ||||
| Market Capitalization | 22.83 B | ||||
| Total Asset | 24.43 B | ||||
| Retained Earnings | 7.42 B | ||||
| Working Capital | 2.45 B | ||||
| Current Asset | 12.58 B | ||||
| Current Liabilities | 6.95 B | ||||
| Five Year Return | 3.23 % | ||||
| Net Asset | 24.43 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.
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 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.Note that the Western Digital information on this page should be used as a complementary analysis to other Western Digital'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Western Stock analysis
When running Western Digital's price analysis, check to measure Western Digital'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 Western Digital is operating at the current time. Most of Western Digital's value examination focuses on studying past and present price action to predict the probability of Western Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Digital's price. Additionally, you may evaluate how the addition of Western Digital to your portfolios can decrease your overall portfolio volatility.
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Is Western Digital'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 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 (7.26) | Revenue Per Share 35.014 | Quarterly Revenue Growth (0.41) | Return On Assets (0.04) |
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.