Overview Dividends

(WDC) Western Digital - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9581021055

Hard Drives, Data Center Drives, External Drives, Portable Drives, NAS Drives

Technology Hardware, Storage & Peripherals
Market Cap in USD: 59,993m

IPO / Inception: 1987-01-02
Return 12m vs S&P 500: 237%

EPS (Earnings per Share)

EPS CAGR: -6.61%
EPS Trend: 32.8%

Last SUE: 1.20
Qual. Beats: 3

Revenue

Rev. CAGR: -13.40%
Rev. Trend: -46.4%

Last SUE: 0.04
Qual. Beats: 0

Dividends

Dividend Yield	0.18%
Yield on Cost 5y	0.83%
Yield CAGR 5y	%
Payout Consistency	55.1%
Payout Ratio	5.0%

Risk via 5d forecast
Volatility	54.4%
Value at Risk 5%th	81.3%
Relative Tail Risk	-9.20%

Reward TTM
Sharpe Ratio	2.64
Alpha	250.75
CAGR/Max DD	2.02

Character TTM
Hurst Exponent	0.526
Beta	1.698
Beta Downside	2.003

Drawdowns 3y
Max DD	49.63%
Mean DD	10.82%
Median DD	8.13%

Description: WDC Western Digital December 03, 2025

Western Digital Corp. (NASDAQ: WDC) designs, manufactures, and sells a full-line of hard-disk-drive (HDD)-based storage products-including internal drives, data-center-grade disks and platforms, external and portable units, and home/office NAS solutions-through OEM partners, direct sales teams, distributors and retail channels across the U.S., Europe, Asia, the Middle East and Africa. Founded in 1970, the company is headquartered in San Jose, California, and is classified under the GICS sub-industry “Technology Hardware, Storage & Peripherals.”

Key recent metrics: FY 2023 revenue was roughly $9.5 billion, with an operating margin of about 5 %, and the firm retained roughly 30 % of the global HDD market share despite a sector-wide shift toward SSDs. Growth drivers include rising data-center capacity needs fueled by AI and cloud-computing workloads, while macro-economic pressures such as supply-chain bottlenecks and higher interest rates are moderating enterprise cap-ex. The company’s strategic focus on high-density HDDs for bulk storage and hybrid SSD/HDD solutions aims to capture the cost-sensitive segment of the storage market.

For a deeper quantitative dive, explore ValueRay’s analyst dashboard to see how these trends translate into forward-looking valuation scenarios.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (2.56b TTM) > 0 and > 6% of Revenue (6% = 720.1m TTM)

FCFTA 0.14 (>2.0%) and ΔFCFTA 13.89pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.18% (prev 22.55%; Δ -13.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.16 (>3.0%) and CFO 2.33b <= Net Income 2.56b (YES >=105%, WARN >=100%)

Net Debt (2.63b) to EBITDA (3.22b) ratio: 0.82 <= 3.0 (WARN <= 3.5)

Current Ratio 1.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (376.0m) change vs 12m ago 5.32% (target <= -2.0% for YES)

Gross Margin 39.34% (prev 30.97%; Δ 8.38pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 61.34% (prev 51.04%; Δ 10.30pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 8.83 (EBITDA TTM 3.22b / Interest Expense TTM 319.0m) >= 6 (WARN >= 3)

Altman Z'' 2.15

(A) 0.08 = (Total Current Assets 6.28b - Total Current Liabilities 5.17b) / Total Assets 14.36b

(B) 0.13 = Retained Earnings (Balance) 1.90b / Total Assets 14.36b

(D) 0.23 = Book Value of Equity 1.92b / Total Liabilities 8.24b

Total Rating: 2.15 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.35

1. Piotroski 7.50pt

2. FCF Yield 3.15%

3. FCF Margin 16.16%

4. Debt/Equity 0.77

5. Debt/Ebitda 0.82

6. ROIC - WACC (= 7.49)%

7. RoE 35.61%

8. Rev. Trend -46.37%

9. EPS Trend 32.75%

What is the price of WDC shares?

As of December 22, 2025, the stock is trading at USD 181.08 with a total of 36,269,299 shares traded.
Over the past week, the price has changed by +5.25%, over one month by +30.20%, over three months by +61.22% and over the past year by +290.78%.

Is WDC a buy, sell or hold?

Western Digital has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy WDC.

Strong Buy: 15
Buy: 5
Hold: 5
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the WDC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	187	3.2%
Analysts Target Price	187	3.2%
ValueRay Target Price	222.3	22.8%

WDC Fundamental Data Overview December 20, 2025

Market Cap USD = 59.99b (59.99b USD * 1.0 USD.USD)
P/E Trailing = 24.6146
P/E Forward = 22.0264
P/S = 5.9246
P/B = 9.6542
P/EG = 0.8434
Beta = 1.886
Revenue TTM = 12.00b USD
EBIT TTM = 2.82b USD
EBITDA TTM = 3.22b USD
Long Term Debt = 2.46b USD (from longTermDebt, last quarter)
Short Term Debt = 2.23b USD (from shortTermDebt, last quarter)
Debt = 4.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.63b USD (from netDebt column, last quarter)
Enterprise Value = 61.66b USD (59.99b + Debt 4.68b - CCE 3.01b)
Interest Coverage Ratio = 8.83 (Ebit TTM 2.82b / Interest Expense TTM 319.0m)
FCF Yield = 3.15% (FCF TTM 1.94b / Enterprise Value 61.66b)
FCF Margin = 16.16% (FCF TTM 1.94b / Revenue TTM 12.00b)
Net Margin = 21.30% (Net Income TTM 2.56b / Revenue TTM 12.00b)
Gross Margin = 39.34% ((Revenue TTM 12.00b - Cost of Revenue TTM 7.28b) / Revenue TTM)
Gross Margin QoQ = 43.54% (prev 40.96%)
Tobins Q-Ratio = 4.29 (Enterprise Value 61.66b / Total Assets 14.36b)
Interest Expense / Debt = 1.26% (Interest Expense 59.0m / Debt 4.68b)
Taxrate = 11.59% (155.0m / 1.34b)
NOPAT = 2.49b (EBIT 2.82b * (1 - 11.59%))
Current Ratio = 1.21 (Total Current Assets 6.28b / Total Current Liabilities 5.17b)
Debt / Equity = 0.77 (Debt 4.68b / totalStockholderEquity, last quarter 6.12b)
Debt / EBITDA = 0.82 (Net Debt 2.63b / EBITDA 3.22b)
Debt / FCF = 1.36 (Net Debt 2.63b / FCF TTM 1.94b)
Total Stockholder Equity = 7.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.81% (Net Income 2.56b / Total Assets 14.36b)
RoE = 35.61% (Net Income TTM 2.56b / Total Stockholder Equity 7.18b)
RoCE = 29.24% (EBIT 2.82b / Capital Employed (Equity 7.18b + L.T.Debt 2.46b))
RoIC = 18.95% (NOPAT 2.49b / Invested Capital 13.15b)
WACC = 11.46% (E(59.99b)/V(64.68b) * Re(12.27%) + D(4.68b)/V(64.68b) * Rd(1.26%) * (1-Tc(0.12)))
Discount Rate = 12.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.56%
[DCF Debug] Terminal Value 54.05% ; FCFE base≈1.94b ; Y1≈1.27b ; Y5≈582.5m
Fair Price DCF = 19.64 (DCF Value 6.71b / Shares Outstanding 341.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 32.75 | EPS CAGR: -6.61% | SUE: 1.20 | # QB: 3
Revenue Correlation: -46.37 | Revenue CAGR: -13.40% | SUE: 0.04 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.93 | Chg30d=+0.037 | Revisions Net=+1 | Analysts=20
EPS current Year (2026-06-30): EPS=7.76 | Chg30d=+0.086 | Revisions Net=+2 | Growth EPS=+57.4% | Growth Revenue=+23.7%
EPS next Year (2027-06-30): EPS=9.61 | Chg30d=+0.216 | Revisions Net=+4 | Growth EPS=+23.9% | Growth Revenue=+13.3%

Additional Sources for WDC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle