Recent News
None included. No non-earnings headlines on or after 2025-07-02 qualify for this section.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): DI+ at 31.99 with a peak & reversal reads bearish; DI- at 25.31 with a dip & reversal reads bearish. ADX at 21.51 indicates an emerging trend strength, reinforcing the immediate downside bias relative to valuation levels.
MACD: MACD sits at 1.30 with the signal at 1.48 and the MACD trend showing a peak & reversal, a bearish momentum condition that reduces the probability of near-term upside continuation and aligns with the directional indicators.
MRO (Momentum/Regression Oscillator): MRO at 23.46 remains positive, indicating price sits above the model target and therefore carries downside potential; the MRO trend shows a peak & reversal, which increases likelihood of price contraction toward the model target.
RSI: RSI at 62.96 with a peak & reversal signals momentum weakening from an elevated level, increasing the chance of a pullback or consolidation before any sustained advance.
Price vs. Moving Averages and Volatility: Last close $57.97 trades above the 20-day average $57.72, the 50-day average $53.51 and the 200-day average $43.52, while the 12-day EMA shows a peak & reversal. Bollinger lower 1x standard deviation sits at $56.75 and the super trend lower at $56.17; these levels provide proximate technical support below the market price while the 52-week high $59.76 acts as nearby resistance. Volume today (2.95M) runs below the 10-day average (3.98M), suggesting reduced participation on the recent move.
Fundamental Analysis
Profitability & margins: EBIT $297.0M and EBITDA $439.0M produce an EBIT margin of 4.52%. Quarter-over-quarter EBIT margin fell by 12.68%, while year-over-year EBIT margin rose by 14.99%. The EBIT margin sits below the industry peer mean of 17.32% and the industry peer median of 19.28%, indicating lower operating profitability versus peers.
Earnings and cashflow: Reported adjusted EPS $0.72 versus an estimate $0.64, an EPS surprise of 12.5%. Operating cash flow $399.0M with free cash flow $266.0M yields a free cash flow yield of 1.45%, modestly above the industry peer mean of 1.01% and supporting the current valuation signal.
Leverage and coverage: Total debt $4.264B with net debt $1.442B produces debt-to-equity 0.84 and debt-to-EBITDA 9.71. Interest coverage ratio stands at 5.82, showing the company covers interest expense, while the elevated debt-to-EBITDA ratio signals leverage that could compress flexibility if earnings soften.
Liquidity and working capital: Cash and short-term investments $2.239B and current ratio 1.36 with quick ratio 0.83. Cash conversion cycle about 47.49 days with days payables 85.59 and days inventory 80.37, indicating working-capital intensive operations but an ability to fund operations through receivables and payable timing.
Growth and returns: Total revenue $6.575B with revenue growth 2.77%. Return on equity registers 3.77% and return on assets 1.02%; returns improved year-over-year but remain modest in absolute terms. Earnings growth shows a positive 26.32% figure but quarter-over-quarter metrics reveal pressure in short-term performance.
Valuation context: Price-to-earnings at 63.45 and forward P/E at 59.28 sit above typical low-multiple benchmarks while price-to-book at 3.62 sits below the industry peer mean of 6.14. Forward PEG near 2.25 and free cash flow yield 1.45% provide a mixed signal: earnings multiples look rich relative to absolute earnings, yet cash generation and WMDST’s assessment support a conclusion that the stock appears under-valued. WMDST values the stock as under-valued given current cash flow, modest margin improvement year-over-year, and the balance between multiples and cash generation.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-24 |
| NEXT REPORT DATE: | 2025-10-21 |
| CASH FLOW | Begin Period Cash Flow | $ 2.3 B |
| Operating Cash Flow | $ 399.0 M | |
| Capital Expenditures | $ -133.00 M | |
| Change In Working Capital | $ 65.0 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -50.00 M | |
| End Period Cash Flow | $ 2.2 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 6.6 B | |
| Forward Revenue | $ 2.2 B | |
| COSTS | ||
| Cost Of Revenue | $ 6.0 B | |
| Depreciation | $ 142.0 M | |
| Depreciation and Amortization | $ 142.0 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 6.3 B | |
| PROFITABILITY | ||
| Gross Profit | $ 572.0 M | |
| EBITDA | $ 439.0 M | |
| EBIT | $ 297.0 M | |
| Operating Income | $ 318.0 M | |
| Interest Income | $ 13.0 M | |
| Interest Expense | $ 51.0 M | |
| Net Interest Income | $ -38.00 M | |
| Income Before Tax | $ 246.0 M | |
| Tax Provision | $ 54.0 M | |
| Tax Rate | 22.0 % | |
| Net Income | $ 192.0 M | |
| Net Income From Continuing Operations | $ 192.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.64 | |
| EPS Actual | $ 0.72 | |
| EPS Difference | $ 0.08 | |
| EPS Surprise | 12.5 % | |
| Forward EPS | $ 0.69 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 19.1 B | |
| Intangible Assets | $ 1.7 B | |
| Net Tangible Assets | $ 3.4 B | |
| Total Current Assets | $ 13.5 B | |
| Cash and Short-Term Investments | $ 2.2 B | |
| Cash | $ 2.2 B | |
| Net Receivables | $ 3.9 B | |
| Inventory | $ 5.2 B | |
| Long-Term Investments | $ 375.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 5.8 B | |
| Short-Term Debt | $ 677.0 M | |
| Total Current Liabilities | $ 9.9 B | |
| Net Debt | $ 1.4 B | |
| Total Debt | $ 4.3 B | |
| Total Liabilities | $ 14.0 B | |
| EQUITY | ||
| Total Equity | $ 5.1 B | |
| Retained Earnings | $ 1.5 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 13.53 | |
| Shares Outstanding | 376.212 M | |
| Revenue Per-Share | $ 17.48 | |
| VALUATION | Market Capitalization | $ 18.4 B |
| Enterprise Value | $ 20.4 B | |
| Enterprise Multiple | 46.556 | |
| Enterprise Multiple QoQ | 44.757 % | |
| Enterprise Multiple YoY | 69.495 % | |
| Enterprise Multiple IPRWA | high: 259.951 mean: 68.147 median: 63.645 FLEX: 46.556 low: -219.031 |
|
| EV/R | 3.108 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.759 | |
| Asset To Liability | 1.362 | |
| Debt To Capital | 0.456 | |
| Debt To Assets | 0.223 | |
| Debt To Assets QoQ | 238.863 % | |
| Debt To Assets YoY | 628.095 % | |
| Debt To Assets IPRWA | high: 0.807 median: 0.296 mean: 0.258 FLEX: 0.223 low: 0.002 |
|
| Debt To Equity | 0.838 | |
| Debt To Equity QoQ | 246.665 % | |
| Debt To Equity YoY | 670.899 % | |
| Debt To Equity IPRWA | high: 2.066 FLEX: 0.838 median: 0.69 mean: 0.631 low: -0.922 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.618 | |
| Price To Book QoQ | 36.851 % | |
| Price To Book YoY | 50.98 % | |
| Price To Book IPRWA | high: 12.594 mean: 6.139 median: 4.517 FLEX: 3.618 low: -8.439 |
|
| Price To Earnings (P/E) | 63.454 | |
| Price To Earnings QoQ | 32.338 % | |
| Price To Earnings YoY | 7.95 % | |
| Price To Earnings IPRWA | high: 287.529 mean: 90.605 median: 89.742 FLEX: 63.454 low: -168.539 |
|
| PE/G Ratio | 2.411 | |
| Price To Sales (P/S) | 2.8 | |
| Price To Sales QoQ | 35.484 % | |
| Price To Sales YoY | 47.686 % | |
| Price To Sales IPRWA | high: 42.058 mean: 15.7 median: 13.0 FLEX: 2.8 low: 0.0 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 59.28 | |
| Forward PE/G | 2.253 | |
| Forward P/S | 8.226 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -3.713 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.351 | |
| Asset Turnover Ratio QoQ | 0.412 % | |
| Asset Turnover Ratio YoY | -0.083 % | |
| Asset Turnover Ratio IPRWA | high: 0.479 FLEX: 0.351 mean: 0.187 median: 0.187 low: 0.001 |
|
| Receivables Turnover | 1.731 | |
| Receivables Turnover Ratio QoQ | -4.567 % | |
| Receivables Turnover Ratio YoY | -17.941 % | |
| Receivables Turnover Ratio IPRWA | high: 2.906 FLEX: 1.731 mean: 1.496 median: 1.38 low: 0.267 |
|
| Inventory Turnover | 1.168 | |
| Inventory Turnover Ratio QoQ | 3.499 % | |
| Inventory Turnover Ratio YoY | 20.379 % | |
| Inventory Turnover Ratio IPRWA | high: 2.529 FLEX: 1.168 median: 1.08 mean: 1.023 low: 0.063 |
|
| Days Sales Outstanding (DSO) | 52.703 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 47.488 | |
| Cash Conversion Cycle Days QoQ | -39.992 % | |
| Cash Conversion Cycle Days YoY | -33.978 % | |
| Cash Conversion Cycle Days IPRWA | high: 272.391 mean: 103.415 median: 88.157 FLEX: 47.488 low: -85.228 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.854 | |
| CapEx To Revenue | -0.02 | |
| CapEx To Depreciation | -0.937 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 8.1 B | |
| Net Invested Capital | $ 8.8 B | |
| Invested Capital | $ 8.8 B | |
| Net Tangible Assets | $ 3.4 B | |
| Net Working Capital | $ 3.5 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.226 | |
| Current Ratio | 1.357 | |
| Current Ratio QoQ | 4.125 % | |
| Current Ratio YoY | -2.975 % | |
| Current Ratio IPRWA | high: 7.762 mean: 2.21 median: 2.016 FLEX: 1.357 low: 0.034 |
|
| Quick Ratio | 0.832 | |
| Quick Ratio QoQ | 5.534 % | |
| Quick Ratio YoY | 11.291 % | |
| Quick Ratio IPRWA | high: 7.334 mean: 1.688 median: 1.456 FLEX: 0.832 low: 0.201 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 9.713 | |
| Cost Of Debt | 0.946 % | |
| Interest Coverage Ratio | 5.824 | |
| Interest Coverage Ratio QoQ | -8.512 % | |
| Interest Coverage Ratio YoY | 31.499 % | |
| Interest Coverage Ratio IPRWA | high: 52.785 median: 17.0 mean: 14.205 FLEX: 5.824 low: -130.23 |
|
| Operating Cash Flow Ratio | 0.06 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 85.589 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 4.086 % | |
| Revenue Growth | 2.766 % | |
| Revenue Growth QoQ | -214.772 % | |
| Revenue Growth YoY | -93.112 % | |
| Revenue Growth IPRWA | high: 79.411 % mean: 10.312 % median: 9.582 % FLEX: 2.766 % low: -43.951 % |
|
| Earnings Growth | 26.316 % | |
| Earnings Growth QoQ | -606.564 % | |
| Earnings Growth YoY | -350.01 % | |
| Earnings Growth IPRWA | high: 200.0 % FLEX: 26.316 % median: 25.926 % mean: 18.681 % low: -133.333 % |
|
| MARGINS | ||
| Gross Margin | 8.7 % | |
| Gross Margin QoQ | -1.136 % | |
| Gross Margin YoY | 16.622 % | |
| Gross Margin IPRWA | high: 98.998 % mean: 40.512 % median: 36.34 % FLEX: 8.7 % low: -49.356 % |
|
| EBIT Margin | 4.517 % | |
| EBIT Margin QoQ | -12.681 % | |
| EBIT Margin YoY | 14.995 % | |
| EBIT Margin IPRWA | high: 123.871 % median: 19.277 % mean: 17.324 % FLEX: 4.517 % low: -211.309 % |
|
| Return On Sales (ROS) | 4.837 % | |
| Return On Sales QoQ | -6.495 % | |
| Return On Sales YoY | 23.142 % | |
| Return On Sales IPRWA | high: 43.501 % median: 17.436 % mean: 16.665 % FLEX: 4.837 % low: -352.254 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 266.0 M | |
| Free Cash Flow Yield | 1.445 % | |
| Free Cash Flow Yield QoQ | -40.461 % | |
| Free Cash Flow Yield YoY | -24.464 % | |
| Free Cash Flow Yield IPRWA | high: 4.857 % FLEX: 1.445 % mean: 1.009 % median: 0.912 % low: -16.248 % |
|
| Free Cash Growth | -17.134 % | |
| Free Cash Growth QoQ | -357.848 % | |
| Free Cash Growth YoY | -72.233 % | |
| Free Cash Growth IPRWA | high: 364.739 % median: 50.564 % mean: 29.959 % FLEX: -17.134 % low: -329.708 % |
|
| Free Cash To Net Income | 1.385 | |
| Cash Flow Margin | 9.065 % | |
| Cash Flow To Earnings | 3.104 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.024 % | |
| Return On Assets QoQ | -15.442 % | |
| Return On Assets YoY | 32.642 % | |
| Return On Assets IPRWA | high: 17.834 % median: 2.58 % mean: 1.85 % FLEX: 1.024 % low: -36.426 % |
|
| Return On Capital Employed (ROCE) | 3.224 % | |
| Return On Equity (ROE) | 0.038 | |
| Return On Equity QoQ | -14.984 % | |
| Return On Equity YoY | 35.622 % | |
| Return On Equity IPRWA | high: 0.433 median: 0.052 mean: 0.05 FLEX: 0.038 low: -0.601 |
|
| DuPont ROE | 3.805 % | |
| Return On Invested Capital (ROIC) | 2.643 % | |
| Return On Invested Capital QoQ | -12.743 % | |
| Return On Invested Capital YoY | -125.162 % | |
| Return On Invested Capital IPRWA | high: 8.434 % median: 3.417 % mean: 3.196 % FLEX: 2.643 % low: -15.502 % |
|