Stock Analysis
Western Digital Corp.WDC
P/E 18.38×· 5Y range 5.58–68.99×· 57th percentile of history
Sector: Technology · Industry: Computer Storage Devices
AnalystsStrong Buy31 analystsP/E 18.4× sits at the 57th percentile of its 5.086926762491444-year history.
Cash covers 81% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Profitability100
Risks
- Quality35
- Growth50
Mixed picture — no clear quality or value edge.
Market context
-6.9% today· Z 2.0σ
Bull Case
- ✓Altman Z 10.4 — safe-zone balance sheet
- ✓ROE 91.6% — efficient capital deployment
What's happening with WDC
Profile
Strong profitability; moat, valuation and earnings quality lag behind.
How is each axis scored?
- Valuation27/100 · Weak
- P/E vs own history (57th pct)12/25
- FCF yield (2.4%)5/25
- P/S (10.4x)5/25
- EV/EBIT (34.4x)5/25
- Growth50/100 · Moderate
- Revenue CAGR (-8.9%)0/25
- Net income CAGR (58.3%)25/25
- EPS CAGR 5Y (50.4%)25/25
- Fwd implied growth (-8.9%)0/25
- Profitability100/100 · Strong
- ROIC (37.3%)25/25
- ROE (91.6%)25/25
- Net margin (55.3%)25/25
- Operating margin (30.3%)25/25
- Financial Health57/100 · Moderate
- Altman Z (10.42)25/25
- Current ratio (1.45)12/25
- Interest coverage (-1.7x)0/25
- Net cash / debt (D/A 3%)20/25
- Quality35/100 · Weak
- Piotroski F (6/9)15/25
- Beneish M (2.39)0/25
- FCF conversion (45%)8/25
- Margin stability (σ 11.9%)12/25
- Moat24/100 · Weak
- ROIC >12% years (2/9 yrs)0/25
- Median gross margin (29.0%)6/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst -13.8%)0/25
Risk Flags
- ⚠Beneish M 2.39 — earnings-manipulation flag
- ⚠4 loss-making years in recent history
- ⚠Interest coverage -1.7× — thin debt cushion
- ⚠Revenue shrinking 8.9%/yr
About Western Digital Corp.
Western Digital is a leading vertically integrated supplier of hard disk drives. Show more
The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
Headquarters: SAN JOSE, CA · Employees: 40,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
27EP/E (TTM)18.1xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 5.6x–69.0x · 57th pct
P/FCF36.2xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.4%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -13.5%–13.9% · 63rd pct
P/S (TTM)10.40xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 0.5x–24.6x · 85th pct
EV/EBIT34.4xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 5.9x–80.5x · 79th pct
EV/Sales9.8xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E19.9xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio17.22xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.28A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.14%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio1.9%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC37.3%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE91.6%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA64.0%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin55.3%A
Grade A: HighNet Income / Revenue
Operating Margin30.3%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin45.4%C
Grade C: AverageGross Profit / Revenue
FCF Margin24.7%A
Grade A: HighFCF / Revenue
True FCF Margin22.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR-8.9%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR58.3%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)50.4%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-8.9%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+16.7%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income3.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.7%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
57CAltman Z-Score10.42A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.45xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.97xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-1.7xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment0.2yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.1xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.34xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.81xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
35DPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score2.39D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion44.6%D
Grade D: PoorFCF / Net Income
Margin Stability11.9%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue3.2%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.88xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Tan Irving Filed | Tan Irving | Option exercise | -57 | |
Tan Irving Filed | Tan Irving | Tax withholding | -1091 | |
Tan Irving Filed | Tan Irving | Option exercise | +57 | |
Davis Brian Scott Filed | Davis Brian Scott | Option exercise | -8 | |
Davis Brian Scott Filed | Davis Brian Scott | Tax withholding | -963 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Davis Brian Scott Filed | Davis Brian Scott | Option exercise | +8 | |
Tregillis Cynthia L Filed | Tregillis Cynthia L | Grant / award | +27 | |
Tan Irving Filed | Tan Irving | Grant / award | +83 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
24EROIC >12% Years2/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)29.0%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-13.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$18.06
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.58
Cash & short-term investments per share (Finnhub)
Book Value / Share$25.72
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.43B
Total debt obligations (short + long term)
Cash & Equiv.$1.98B
Cash and short-term investments
Net Debt$454.00M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$7.11B
Shareholders' equity (book value)
Asset / Liability1.89xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$122.44B
Current Market Capitalization
Beta2.28D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Western Digital Corp. (WDC)
WDC is down 6.86% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Western Digital Corp.. Altman Z-Score of 10.42 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of 2.39 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny. Revenue has been contracting (CAGR ≈ -9%), which weighs on the growth outlook. Western Digital Corp. converts about 25% of revenue into free cash flow — strong cash generation.
- Takes ~0.2 years to repay net debt from free cash flow.
- Interest coverage of -1.7× leaves little room for earnings shocks.
- Western Digital Corp. posted a net loss in 4 of 10 available completed fiscal years (2017–2026).
- At a valuation score of 27/100, WDC trades at a premium to its historical multiples (P/E 18.1).
- Return on equity of 91.6% is well above the market average.
See how WDC ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all WDC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | After-hours | 327.10 | -8.23% | -2.01 |
| Oct 14 | After-hours | 350.10 | -8.04% | -2.08 |
| Oct 2 | Pre-market | 423.11 | -8.53% | -3.07 |
| Oct 2 | Regular | 414.83 | -10.32% | -3.73 |
| Oct 2 | After-hours | 415.75 | -10.12% | -3.66 |
Frequently Asked Questions about WDC
What is the current Western Digital Corp. (WDC) stock price?
WDC is trading at $332.00 at the last market close, down 6.86% on the session. PreMarketPrice tracks WDC pre-market, intraday and after-hours prices.
Is WDC stock a buy right now?
PreMarketPrice's quantitative model rates Western Digital Corp.'s financial health at 57/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is WDC stock overvalued?
Western Digital Corp. trades at a trailing P/E of 18.1 and our valuation score rates it 27/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Western Digital Corp. report earnings?
No confirmed earnings date is currently scheduled for WDC. The Earnings section lists recent reports and updates as dates are announced.
What sector does Western Digital Corp. operate in?
Western Digital Corp. operates in the Technology sector, within the Computer Storage Devices industry. The Related Stocks section lists sector peers for comparison.
What does Western Digital Corp. do?
Western Digital is a leading vertically integrated supplier of hard disk drives.
About Western Digital Corp. (WDC) Stock
Western Digital Corp. (WDC) is a US-listed stock operating in the Technology sector, specifically the Computer Storage Devices industry. As of the latest update, Western Digital Corp. is trading at $332.00, down 6.86% on the day with a market capitalization of $122.4 billion. The financial health score for WDC is 57/100, which indicates moderate financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for WDC stock.
WDC Stock Analysis & Key Metrics
On PreMarketPrice, you can track Western Digital Corp. (WDC) across multiple dimensions:
- Pre-market price & movement: Real-time WDC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for WDC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Western Digital Corp. across multiple reporting periods.
- Financial health score: A composite score of 57/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for WDC.
- Sector peers: Compare WDC against 6 other technology stocks on key financial metrics.
Is WDC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Western Digital Corp. (WDC) as an investment. The financial health score of 57/100 suggests moderate financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Western Digital Corp. (WDC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.