WDCWestern Digital

$453.37+393% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 40 out of 100, Below average
Today's price. Only valuation depends on it.

Below average. Western Digital scores higher than 30% of the 1,794 companies Ryufin scores.

Carried by return on new capital and the balance sheet, held back by valuation and cycle position.

Technology median 48 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
53
52
26
21
52
40
20212022202320242025today

The biggest move was up 31 points from 2024 to 2025, mostly valuation.

Valuation

26% of the score

2median 56

Western Digital is valued at 57.6x its operating profit, including debt: a very rich multiple.

60x
50x
35x
25x
18x
12x
8x
57.6x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

42median 34

Over 7 years the business earned 7.5% a year after tax on the capital it uses.

2%
8%
15%
25%
7.5%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 48%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 26 cents. It did so while using less capital than before.

-5%
12%
26%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

45median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 4.4% a year over 5 years: new shares
8
5%
-3%
4.4%
0 pointsfull points
Assets against salesAssets grew -12% a year, sales -5.3%
100
12%
-2%
-6.7%
0 pointsfull points

Cycle position

12% of the score

0median 62

Today's operating margin of 34% is 5.80x its normal 5.9%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
5.8x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 34%

Balance sheet

8% of the score

100median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDAMore cash than debt
100
Interest coverOperating profit covers interest 27x
100
1.5x
12x
27x
0 pointsfull points

Earnings quality

6% of the score

33median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 0.51x profit over 3 years
0
0.7x
1x
1.3x
0.5x
0 pointsfull points
AccrualsProfit ran ahead of cash by 39.4% of assets
0
8%
0%
-8%
39%
0 pointsfull points
Beneish M-score-3.07
100
-1.50
-1.78
-2.22
-3.00
-3.07
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-07-03, latest annual report FY2026.