Western Digital Stock Fundamentals

WDC Stock  EUR 57.73  0.38  0.66%   
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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

WESTERN DIGITAL Company Net Income Analysis

WESTERN DIGITAL's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current WESTERN DIGITAL Net Income

    
  1.5 B  
Most of WESTERN DIGITAL's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, WESTERN DIGITAL reported net income of 1.5 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The net income for all Germany stocks is notably lower than that of the firm.

WESTERN DIGITAL Fundamental Drivers 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 current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for WESTERN DIGITAL is about  16,494,831,730 . 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 Net Income 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 Net Income 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 net income category among its peers.

WESTERN Fundamentals

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.

Additional Information and Resources on Investing in WESTERN Stock

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 board of governors.
For information on how to trade WESTERN Stock refer to our How to Trade WESTERN Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.