Western Digital Corporation develops, manufactures, and sells data storage devices and solutions worldwide.
Reasonable growth potential and fair value.
Share Price & News
How has Western Digital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WDC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WDC underperformed the US Tech industry which returned 108.9% over the past year.
Return vs Market: WDC underperformed the US Market which returned 14.9% over the past year.
Price Volatility Vs. Market
How volatile is Western Digital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHealth Check: How Prudently Does Western Digital (NASDAQ:WDC) Use Debt?
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Western Digital Corporation (NASDAQ:WDC)
2 months ago | Simply Wall StIf You Had Bought Western Digital (NASDAQ:WDC) Stock Five Years Ago, You'd Be Sitting On A 57% Loss, Today
Is Western Digital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WDC ($43.9) is trading below our estimate of fair value ($136.94)
Significantly Below Fair Value: WDC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WDC is unprofitable, so we can't compare its PE Ratio to the US Tech industry average.
PE vs Market: WDC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WDC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WDC is good value based on its PB Ratio (1.4x) compared to the US Tech industry average (1.5x).
How is Western Digital forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WDC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: WDC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: WDC's is expected to become profitable in the next 3 years.
Revenue vs Market: WDC's revenue (8.1% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: WDC's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WDC's Return on Equity is forecast to be high in 3 years time (28.2%)
How has Western Digital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WDC is currently unprofitable.
Growing Profit Margin: WDC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WDC is unprofitable, and losses have increased over the past 5 years at a rate of 49.8% per year.
Accelerating Growth: Unable to compare WDC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WDC is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-5.6%).
Return on Equity
High ROE: WDC has a negative Return on Equity (-6.44%), as it is currently unprofitable.
How is Western Digital's financial position?
Financial Position Analysis
Short Term Liabilities: WDC's short term assets ($8.6B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: WDC's short term assets ($8.6B) do not cover its long term liabilities ($11.8B).
Debt to Equity History and Analysis
Debt Level: WDC's debt to equity ratio (104.2%) is considered high.
Reducing Debt: WDC's debt to equity ratio has increased from 25.5% to 104.2% over the past 5 years.
Debt Coverage: WDC's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: Insufficient data to determine if WDC's interest payments on its debt are well covered by EBIT.
What is Western Digital current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WDC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WDC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WDC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WDC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WDC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WDC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Goeckeler (58 yo)
Mr. David V. Goeckeler serves as the Chief Executive Officer and Director of Western Digital Corporation since joining in March 9, 2020. Mr. Goeckeler served as Executive Vice President and General Manager ...
|Executive VP & CFO||1.25yrs||US$2.39m||0.0023% |
|President of Technology & Strategy||4.25yrs||US$3.67m||no data|
|CEO & Director||0.42yr||no data||no data|
|Chief Investment Officer||no data||no data||no data|
|Vice President of Global Accounting & Chief Accounting Officer||1yr||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Chief Legal Officer||9.83yrs||US$4.58m||0.017% |
|Senior Vice President of Corporate Marketing||3.33yrs||no data||no data|
|Executive VP & Chief Human Resources Officer||2.5yrs||no data||0.015% |
|Senior Vice President of Worldwide Sales||no data||no data||no data|
|Senior VP & GM of Client Solutions||15.58yrs||US$2.10m||no data|
Experienced Management: WDC's management team is considered experienced (2.5 years average tenure).
|CEO & Director||0.42yr||no data||no data|
|Independent Director||2yrs||US$376.50k||0.0020% |
|Independent Chairman||4.75yrs||US$464.97k||0.0066% |
|Independent Director||19.58yrs||US$337.48k||0.0098% |
|Independent Director||1.75yrs||US$324.61k||0.0017% |
|Independent Director||5.67yrs||US$339.98k||0.0059% |
|Independent Director||1.75yrs||US$317.27k||0.0017% |
Experienced Board: WDC's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WDC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Western Digital Corporation's company bio, employee growth, exchange listings and data sources
- Name: Western Digital Corporation
- Ticker: WDC
- Exchange: NasdaqGS
- Founded: 1970
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$12.917b
- Shares outstanding: 299.70m
- Website: https://www.westerndigital.com
Number of Employees
- Western Digital Corporation
- 5601 Great Oaks Parkway
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WDC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1973|
|WDC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1973|
|WDC||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1973|
|WDC *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1973|
|WDC||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Jan 1973|
|0QZF||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1973|
|WDC||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1973|
|WDC||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1973|
|W1DC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Jan 2020|
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions worldwide. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for com ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 00:05|
|End of Day Share Price||2020/08/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.