Western Digital Financials

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Western Digital Stock Summary

Western Digital competes with NetApp, Logitech International, HP, Dell Technologies, and Pure Storage. Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. Western Digital operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 65000 people.

Western Digital Key Financial Ratios

Western Digital Key Balance Sheet Accounts

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Western Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Western Digital's current stock value. Our valuation model uses many indicators to compare Western Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Digital competition to find correlations between indicators driving Western Digital's intrinsic value. More Info.Western Digital is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Western Digital is roughly  1.75 . At present, Western Digital's Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Western Digital's earnings, one of the primary drivers of an investment's value.

Western Digital's Earnings Breakdown by Geography

Western Digital Systematic Risk

Today, most investors in Western Digital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Digital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Western Digital growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Western Digital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Digital. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Digital based on widely used predictive technical indicators. In general, we focus on analyzing Western Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Digital's daily price indicators and compare them against related drivers.

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.