Intrinsic value of Western Digital Corporation - WDC

Previous Close

$36.33

  Intrinsic Value

$101.96

stock screener

  Rating & Target

str. buy

+181%

Previous close

$36.33

 
Intrinsic value

$101.96

 
Up/down potential

+181%

 
Rating

str. buy

We calculate the intrinsic value of WDC stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 10.6

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  21,060
  21,544
  22,098
  22,720
  23,408
  24,164
  24,987
  25,878
  26,838
  27,868
  28,969
  30,145
  31,397
  32,727
  34,139
  35,635
  37,219
  38,894
  40,663
  42,532
  44,503
  46,582
  48,774
  51,083
  53,515
  56,075
  58,770
  61,606
  64,590
  67,728
Variable operating expenses, $m
  18,886
  19,291
  19,754
  20,274
  20,850
  21,482
  22,170
  22,915
  23,718
  24,579
  24,225
  25,208
  26,255
  27,368
  28,548
  29,799
  31,123
  32,524
  34,004
  35,566
  37,215
  38,953
  40,786
  42,717
  44,750
  46,891
  49,145
  51,517
  54,011
  56,636
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  18,886
  19,291
  19,754
  20,274
  20,850
  21,482
  22,170
  22,915
  23,718
  24,579
  24,225
  25,208
  26,255
  27,368
  28,548
  29,799
  31,123
  32,524
  34,004
  35,566
  37,215
  38,953
  40,786
  42,717
  44,750
  46,891
  49,145
  51,517
  54,011
  56,636
Operating income, $m
  2,174
  2,253
  2,344
  2,445
  2,558
  2,682
  2,817
  2,963
  3,120
  3,289
  4,745
  4,937
  5,142
  5,360
  5,591
  5,836
  6,096
  6,370
  6,660
  6,966
  7,289
  7,629
  7,988
  8,366
  8,764
  9,184
  9,625
  10,090
  10,578
  11,092
EBITDA, $m
  4,686
  4,794
  4,917
  5,056
  5,209
  5,377
  5,560
  5,759
  5,972
  6,201
  6,446
  6,708
  6,987
  7,283
  7,597
  7,930
  8,282
  8,655
  9,049
  9,464
  9,903
  10,366
  10,853
  11,367
  11,908
  12,478
  13,078
  13,709
  14,373
  15,071
Interest expense (income), $m
  777
  626
  646
  669
  695
  725
  758
  794
  833
  875
  921
  970
  1,022
  1,078
  1,138
  1,201
  1,268
  1,339
  1,415
  1,494
  1,579
  1,667
  1,761
  1,860
  1,964
  2,074
  2,190
  2,312
  2,440
  2,575
  2,717
Earnings before tax, $m
  1,548
  1,607
  1,675
  1,750
  1,833
  1,924
  2,023
  2,130
  2,245
  2,368
  3,775
  3,915
  4,064
  4,222
  4,390
  4,568
  4,756
  4,955
  5,165
  5,387
  5,621
  5,868
  6,128
  6,402
  6,690
  6,994
  7,314
  7,650
  8,004
  8,376
Tax expense, $m
  418
  434
  452
  473
  495
  520
  546
  575
  606
  639
  1,019
  1,057
  1,097
  1,140
  1,185
  1,233
  1,284
  1,338
  1,395
  1,455
  1,518
  1,584
  1,655
  1,728
  1,806
  1,888
  1,975
  2,065
  2,161
  2,261
Net income, $m
  1,130
  1,173
  1,222
  1,278
  1,338
  1,405
  1,477
  1,555
  1,639
  1,728
  2,755
  2,858
  2,967
  3,082
  3,205
  3,335
  3,472
  3,617
  3,771
  3,933
  4,103
  4,284
  4,473
  4,673
  4,884
  5,106
  5,339
  5,584
  5,843
  6,114

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  29,088
  29,757
  30,522
  31,381
  32,332
  33,376
  34,513
  35,743
  37,069
  38,491
  40,013
  41,637
  43,366
  45,204
  47,154
  49,220
  51,407
  53,721
  56,165
  58,745
  61,468
  64,340
  67,367
  70,556
  73,915
  77,452
  81,174
  85,091
  89,212
  93,547
Adjusted assets (=assets-cash), $m
  29,088
  29,757
  30,522
  31,381
  32,332
  33,376
  34,513
  35,743
  37,069
  38,491
  40,013
  41,637
  43,366
  45,204
  47,154
  49,220
  51,407
  53,721
  56,165
  58,745
  61,468
  64,340
  67,367
  70,556
  73,915
  77,452
  81,174
  85,091
  89,212
  93,547
Revenue / Adjusted assets
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
  0.724
Average production assets, $m
  9,898
  10,126
  10,386
  10,678
  11,002
  11,357
  11,744
  12,163
  12,614
  13,098
  13,616
  14,168
  14,757
  15,382
  16,045
  16,749
  17,493
  18,280
  19,112
  19,990
  20,916
  21,894
  22,924
  24,009
  25,152
  26,355
  27,622
  28,955
  30,357
  31,832
Working capital, $m
  1,390
  1,422
  1,458
  1,499
  1,545
  1,595
  1,649
  1,708
  1,771
  1,839
  1,912
  1,990
  2,072
  2,160
  2,253
  2,352
  2,456
  2,567
  2,684
  2,807
  2,937
  3,074
  3,219
  3,371
  3,532
  3,701
  3,879
  4,066
  4,263
  4,470
Total debt, $m
  11,536
  11,948
  12,418
  12,946
  13,531
  14,173
  14,872
  15,629
  16,444
  17,319
  18,255
  19,254
  20,317
  21,447
  22,647
  23,917
  25,263
  26,685
  28,188
  29,775
  31,450
  33,216
  35,078
  37,039
  39,105
  41,280
  43,569
  45,978
  48,513
  51,178
Total liabilities, $m
  17,889
  18,301
  18,771
  19,299
  19,884
  20,526
  21,225
  21,982
  22,797
  23,672
  24,608
  25,607
  26,670
  27,800
  29,000
  30,270
  31,616
  33,038
  34,541
  36,128
  37,803
  39,569
  41,431
  43,392
  45,458
  47,633
  49,922
  52,331
  54,866
  57,531
Total equity, $m
  11,199
  11,457
  11,751
  12,082
  12,448
  12,850
  13,287
  13,761
  14,271
  14,819
  15,405
  16,030
  16,696
  17,403
  18,154
  18,950
  19,792
  20,682
  21,623
  22,617
  23,665
  24,771
  25,936
  27,164
  28,457
  29,819
  31,252
  32,760
  34,347
  36,016
Total liabilities and equity, $m
  29,088
  29,758
  30,522
  31,381
  32,332
  33,376
  34,512
  35,743
  37,068
  38,491
  40,013
  41,637
  43,366
  45,203
  47,154
  49,220
  51,408
  53,720
  56,164
  58,745
  61,468
  64,340
  67,367
  70,556
  73,915
  77,452
  81,174
  85,091
  89,213
  93,547
Debt-to-equity ratio
  1.030
  1.040
  1.060
  1.070
  1.090
  1.100
  1.120
  1.140
  1.150
  1.170
  1.190
  1.200
  1.220
  1.230
  1.250
  1.260
  1.280
  1.290
  1.300
  1.320
  1.330
  1.340
  1.350
  1.360
  1.370
  1.380
  1.390
  1.400
  1.410
  1.420
Adjusted equity ratio
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385
  0.385

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  1,130
  1,173
  1,222
  1,278
  1,338
  1,405
  1,477
  1,555
  1,639
  1,728
  2,755
  2,858
  2,967
  3,082
  3,205
  3,335
  3,472
  3,617
  3,771
  3,933
  4,103
  4,284
  4,473
  4,673
  4,884
  5,106
  5,339
  5,584
  5,843
  6,114
Depreciation, amort., depletion, $m
  2,513
  2,541
  2,574
  2,610
  2,651
  2,695
  2,743
  2,796
  2,852
  2,913
  1,702
  1,771
  1,845
  1,923
  2,006
  2,094
  2,187
  2,285
  2,389
  2,499
  2,615
  2,737
  2,865
  3,001
  3,144
  3,294
  3,453
  3,619
  3,795
  3,979
Funds from operations, $m
  3,643
  3,714
  3,796
  3,888
  3,989
  4,100
  4,220
  4,351
  4,491
  4,641
  4,457
  4,629
  4,811
  5,005
  5,210
  5,428
  5,659
  5,902
  6,160
  6,431
  6,718
  7,020
  7,339
  7,674
  8,028
  8,400
  8,792
  9,204
  9,637
  10,093
Change in working capital, $m
  27
  32
  37
  41
  45
  50
  54
  59
  63
  68
  73
  78
  83
  88
  93
  99
  105
  111
  117
  123
  130
  137
  145
  152
  161
  169
  178
  187
  197
  207
Cash from operations, $m
  3,616
  3,682
  3,760
  3,847
  3,944
  4,050
  4,166
  4,292
  4,427
  4,573
  4,385
  4,551
  4,729
  4,917
  5,117
  5,329
  5,554
  5,792
  6,043
  6,308
  6,588
  6,883
  7,194
  7,522
  7,867
  8,231
  8,614
  9,017
  9,440
  9,886
Maintenance CAPEX, $m
  -1,214
  -1,237
  -1,266
  -1,298
  -1,335
  -1,375
  -1,420
  -1,468
  -1,520
  -1,577
  -1,637
  -1,702
  -1,771
  -1,845
  -1,923
  -2,006
  -2,094
  -2,187
  -2,285
  -2,389
  -2,499
  -2,615
  -2,737
  -2,865
  -3,001
  -3,144
  -3,294
  -3,453
  -3,619
  -3,795
New CAPEX, $m
  -186
  -228
  -260
  -292
  -324
  -355
  -387
  -419
  -451
  -484
  -518
  -553
  -588
  -625
  -664
  -703
  -744
  -787
  -832
  -878
  -927
  -977
  -1,030
  -1,085
  -1,143
  -1,203
  -1,267
  -1,333
  -1,402
  -1,475
Cash from investing activities, $m
  -1,400
  -1,465
  -1,526
  -1,590
  -1,659
  -1,730
  -1,807
  -1,887
  -1,971
  -2,061
  -2,155
  -2,255
  -2,359
  -2,470
  -2,587
  -2,709
  -2,838
  -2,974
  -3,117
  -3,267
  -3,426
  -3,592
  -3,767
  -3,950
  -4,144
  -4,347
  -4,561
  -4,786
  -5,021
  -5,270
Free cash flow, $m
  2,215
  2,217
  2,234
  2,256
  2,285
  2,320
  2,360
  2,405
  2,456
  2,512
  2,230
  2,297
  2,369
  2,447
  2,531
  2,621
  2,716
  2,818
  2,926
  3,041
  3,163
  3,291
  3,427
  3,571
  3,723
  3,884
  4,053
  4,231
  4,419
  4,616
Issuance/(repayment) of debt, $m
  364
  411
  470
  528
  585
  642
  699
  757
  815
  875
  936
  999
  1,063
  1,130
  1,199
  1,271
  1,345
  1,423
  1,503
  1,587
  1,675
  1,766
  1,862
  1,961
  2,066
  2,175
  2,289
  2,409
  2,534
  2,666
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  364
  411
  470
  528
  585
  642
  699
  757
  815
  875
  936
  999
  1,063
  1,130
  1,199
  1,271
  1,345
  1,423
  1,503
  1,587
  1,675
  1,766
  1,862
  1,961
  2,066
  2,175
  2,289
  2,409
  2,534
  2,666
Total cash flow (excl. dividends), $m
  2,580
  2,629
  2,704
  2,784
  2,870
  2,962
  3,059
  3,162
  3,271
  3,387
  3,166
  3,295
  3,433
  3,577
  3,730
  3,892
  4,061
  4,241
  4,429
  4,628
  4,837
  5,057
  5,289
  5,533
  5,789
  6,059
  6,342
  6,640
  6,953
  7,282
Retained Cash Flow (-), $m
  -217
  -258
  -294
  -331
  -366
  -402
  -438
  -474
  -510
  -548
  -586
  -625
  -666
  -707
  -751
  -796
  -842
  -891
  -941
  -994
  -1,048
  -1,106
  -1,165
  -1,228
  -1,293
  -1,362
  -1,433
  -1,508
  -1,587
  -1,669
Prev. year cash balance distribution, $m
  549
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  2,912
  2,371
  2,410
  2,454
  2,504
  2,560
  2,621
  2,688
  2,761
  2,840
  2,580
  2,670
  2,767
  2,870
  2,980
  3,096
  3,219
  3,350
  3,488
  3,634
  3,789
  3,952
  4,124
  4,305
  4,496
  4,697
  4,909
  5,132
  5,366
  5,613
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  2,792
  2,171
  2,097
  2,020
  1,941
  1,858
  1,771
  1,680
  1,586
  1,489
  1,225
  1,139
  1,052
  963
  875
  787
  700
  617
  537
  462
  392
  328
  270
  219
  175
  137
  105
  79
  59
  42
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company's portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.

FINANCIAL RATIOS  of  Western Digital Corporation (WDC)

Valuation Ratios
P/E Ratio 26.9
Price to Sales 0.6
Price to Book 0.9
Price to Tangible Book
Price to Cash Flow 3.1
Price to Free Cash Flow 3.7
Growth Rates
Sales Growth Rate 46.9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -1%
Cap. Spend. - 3 Yr. Gr. Rate -1.6%
Financial Strength
Quick Ratio 27
Current Ratio 0.1
LT Debt to Equity 113.1%
Total Debt to Equity 115.2%
Interest Coverage 2
Management Effectiveness
Return On Assets 2.5%
Ret/ On Assets - 3 Yr. Avg. 4.7%
Return On Total Capital 1.5%
Ret/ On T. Cap. - 3 Yr. Avg. 5.1%
Return On Equity 3.5%
Return On Equity - 3 Yr. Avg. 7.4%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 31.8%
Gross Margin - 3 Yr. Avg. 29.1%
EBITDA Margin 19.2%
EBITDA Margin - 3 Yr. Avg. 16.3%
Operating Margin 10.2%
Oper. Margin - 3 Yr. Avg. 8.3%
Pre-Tax Margin 4%
Pre-Tax Margin - 3 Yr. Avg. 5.3%
Net Profit Margin 2.1%
Net Profit Margin - 3 Yr. Avg. 4.7%
Effective Tax Rate 48.4%
Eff/ Tax Rate - 3 Yr. Avg. -0.9%
Payout Ratio 144.6%

WDC stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the WDC stock intrinsic value calculation we used $20647 million for the last fiscal year's total revenue generated by Western Digital Corporation. The default revenue input number comes from 0001 income statement of Western Digital Corporation. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our WDC stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for WDC is calculated based on our internal credit rating of Western Digital Corporation, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Western Digital Corporation.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of WDC stock the variable cost ratio is equal to 89.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for WDC stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.6% for Western Digital Corporation.

Corporate tax rate of 27% is the nominal tax rate for Western Digital Corporation. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the WDC stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for WDC are equal to 47%.

Life of production assets of 8 years is the average useful life of capital assets used in Western Digital Corporation operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for WDC is equal to 6.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $11531 million for Western Digital Corporation - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 290.852 million for Western Digital Corporation is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Western Digital Corporation at the current share price and the inputted number of shares is $10.6 billion.

RELATED COMPANIES Price Int.Val. Rating
STX Seagate Techno 44.26 50.38  hold
IBM International 135.15 162.95  hold
MU Micron Technol 32.66 329.12  str.buy
NTAP NetApp, Inc. 60.98 53.02  sell

CONTACT US      

About X-FIN       Privacy policy       Terms of use      

Copyright © X-FIN.com 2005-2019. All rigths reserved.