WESTERN DIGITAL (WDC.SG)
WESTERN DIGITAL (WDC.SG) operates in Diversified Metals & Mining.
WESTERN DIGITAL (WDC.SG) (WDC) - Net Assets
Latest net assets as of September 2024: €11.87 Billion EUR
Based on the latest financial reports, WESTERN DIGITAL (WDC.SG) (WDC) has net assets worth €11.87 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€24.77 Billion) and total liabilities (€12.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.87 Billion |
| % of Total Assets | 47.93% |
| Annual Growth Rate | -0.11% |
| 5-Year Change | 15.66% |
| 10-Year Change | N/A |
| Growth Volatility | 8.72 |
WESTERN DIGITAL (WDC.SG) - Net Assets Trend (2016–2024)
This chart illustrates how WESTERN DIGITAL (WDC.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WESTERN DIGITAL (WDC.SG) (2016–2024)
The table below shows the annual net assets of WESTERN DIGITAL (WDC.SG) from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €11.05 Billion | -6.70% |
| 2023-06-30 | €11.84 Billion | -3.12% |
| 2022-06-30 | €12.22 Billion | +13.99% |
| 2021-06-30 | €10.72 Billion | +12.25% |
| 2020-06-30 | €9.55 Billion | -4.17% |
| 2019-06-30 | €9.97 Billion | -13.56% |
| 2018-06-30 | €11.53 Billion | +0.99% |
| 2017-06-30 | €11.42 Billion | +2.45% |
| 2016-06-30 | €11.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to WESTERN DIGITAL (WDC.SG)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.78 Billion | 61.33% |
| Other Components | €4.27 Billion | 38.67% |
| Total Equity | €11.05 Billion | 100.00% |
WESTERN DIGITAL (WDC.SG) Competitors by Market Cap
The table below lists competitors of WESTERN DIGITAL (WDC.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korporacja KGL S.A.
WAR:KGL
|
$2.20 Million |
|
Aldrich Resources Bhd
KLSE:0079
|
$2.20 Million |
|
Intelligent Living Application Group Inc
NASDAQ:ILAG
|
$2.20 Million |
|
SmartKem, Inc. Common Stock
OTCQB:SMTK
|
$2.20 Million |
|
N.C. Housing Public Company Limited
BK:NCH
|
$2.20 Million |
|
ROYAL GOLD
MU:RG3
|
$2.20 Million |
|
Shinsegae Co. Ltd.
KQ:004170
|
$2.20 Million |
|
TANTALEX LITHIUM RES.CORP
F:DW8
|
$2.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WESTERN DIGITAL (WDC.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,840,000,000 to 11,047,000,000, a change of -793,000,000 (-6.7%).
- Net loss of 798,000,000 reduced equity.
- Share repurchases of 5,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-798.00 Million | -7.22% |
| Share Repurchases | €5.00 Million | -0.05% |
| Other Changes | €10.00 Million | +0.09% |
| Total Change | €- | -6.70% |
Book Value vs Market Value Analysis
This analysis compares WESTERN DIGITAL (WDC.SG)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.83x to 7.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €38.84 | €226.50 | x |
| 2018-06-30 | €38.96 | €226.50 | x |
| 2019-06-30 | €33.79 | €226.50 | x |
| 2020-06-30 | €31.63 | €226.50 | x |
| 2021-06-30 | €34.81 | €226.50 | x |
| 2022-06-30 | €38.80 | €226.50 | x |
| 2023-06-30 | €36.77 | €226.50 | x |
| 2024-06-30 | €32.21 | €226.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WESTERN DIGITAL (WDC.SG) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.14%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.19x
- Recent ROE (-7.22%) is below the historical average (0.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.17% | 1.86% | 0.40x | 2.95x | €-872.50 Million |
| 2017 | 3.48% | 2.08% | 0.64x | 2.62x | €-744.80 Million |
| 2018 | 5.85% | 3.27% | 0.71x | 2.54x | €-478.10 Million |
| 2019 | -7.56% | -4.55% | 0.63x | 2.65x | €-1.75 Billion |
| 2020 | -2.62% | -1.49% | 0.65x | 2.69x | €-1.21 Billion |
| 2021 | 7.66% | 4.85% | 0.65x | 2.44x | €-251.10 Million |
| 2022 | 12.65% | 8.23% | 0.72x | 2.15x | €323.90 Million |
| 2023 | -14.22% | -13.67% | 0.50x | 2.07x | €-2.87 Billion |
| 2024 | -7.22% | -6.14% | 0.54x | 2.19x | €-1.90 Billion |
Industry Comparison
This section compares WESTERN DIGITAL (WDC.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WESTERN DIGITAL (WDC.SG) (WDC) | €11.87 Billion | 2.17% | 1.09x | $2.20 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |