Western Digital Corporation

NasdaqGS:WDC Stock Report

Market Cap: US$22.1b

Western Digital Valuation

Is WDC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WDC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WDC ($68.24) is trading above our estimate of fair value ($57.45)

Significantly Below Fair Value: WDC is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for WDC?

Other financial metrics that can be useful for relative valuation.

WDC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA-27.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does WDC's PS Ratio compare to its peers?

The above table shows the PS ratio for WDC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
STX Seagate Technology Holdings
3x14.4%US$19.8b
NTAP NetApp
3.5x4.3%US$21.7b
HPE Hewlett Packard Enterprise
0.8x3.5%US$23.0b
0.6x2.3%US$29.5b
WDC Western Digital
2x15.1%US$22.1b

Price-To-Sales vs Peers: WDC is expensive based on its Price-To-Sales Ratio (2x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does WDC's PE Ratio compare vs other companies in the US Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.3%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.3%
n/an/an/a
No more companies

Price-To-Sales vs Industry: WDC is expensive based on its Price-To-Sales Ratio (2x) compared to the US Tech industry average (1.4x).


Price to Sales Ratio vs Fair Ratio

What is WDC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WDC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: WDC is expensive based on its Price-To-Sales Ratio (2x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WDC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$68.24
US$67.74
-0.7%
17.6%US$88.00US$33.00n/a22
Mar ’25US$64.30
US$64.78
+0.7%
16.5%US$82.00US$33.00n/a21
Feb ’25US$57.40
US$63.83
+11.2%
18.0%US$82.00US$33.00n/a21
Jan ’25US$52.37
US$49.93
-4.7%
16.2%US$68.00US$33.00n/a22
Dec ’24US$48.39
US$50.19
+3.7%
13.6%US$68.00US$41.00n/a21
Nov ’24US$41.74
US$48.67
+16.6%
14.3%US$65.00US$31.00n/a21
Oct ’24US$45.63
US$46.68
+2.3%
15.5%US$60.00US$31.00n/a22
Sep ’24US$45.96
US$45.52
-1.0%
14.9%US$60.00US$31.00n/a23
Aug ’24US$42.87
US$45.55
+6.2%
15.2%US$60.00US$31.00n/a22
Jul ’24US$37.93
US$44.05
+16.1%
17.7%US$60.00US$31.00n/a21
Jun ’24US$38.97
US$44.63
+14.5%
18.3%US$60.00US$31.00n/a23
May ’24US$34.06
US$46.11
+35.4%
16.7%US$60.00US$31.00n/a23
Apr ’24US$37.67
US$46.24
+22.7%
16.3%US$60.00US$31.00n/a23
Mar ’24US$38.12
US$46.28
+21.4%
16.0%US$60.00US$33.00US$64.3023
Feb ’24US$43.32
US$44.93
+3.7%
18.1%US$60.00US$30.00US$57.4023
Jan ’24US$31.55
US$43.23
+37.0%
19.1%US$60.00US$28.00US$52.3724
Dec ’23US$35.84
US$44.96
+25.4%
19.4%US$62.00US$28.00US$48.3924
Nov ’23US$35.70
US$45.04
+26.2%
19.3%US$62.00US$28.00US$41.7424
Oct ’23US$32.55
US$53.75
+65.1%
26.2%US$85.00US$28.00US$45.6324
Sep ’23US$41.99
US$59.48
+41.7%
16.9%US$85.00US$34.00US$45.9625
Aug ’23US$49.12
US$67.63
+37.7%
15.3%US$90.00US$50.00US$42.8724
Jul ’23US$43.42
US$69.92
+61.0%
13.8%US$90.00US$50.00US$37.9324
Jun ’23US$60.28
US$72.67
+20.5%
14.0%US$94.00US$55.00US$38.9724
May ’23US$53.07
US$69.92
+31.7%
16.6%US$90.00US$50.00US$34.0624
Apr ’23US$48.39
US$71.92
+48.6%
15.9%US$92.00US$51.00US$37.6724
Mar ’23US$49.49
US$72.63
+46.7%
15.3%US$92.00US$55.00US$38.1224

Analyst Forecast: Target price is lower than the current share price.


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