Technical Analysis
Directional Indicators (ADX / DI+ / DI-): ADX sits at 40.82, indicating a very strong trend environment; DI+ at 34.53 shows prior upside dominance but its reported peak & reversal signals a developing bearish tilt, while DI- at 11.63 with a dip & reversal confirms rising negative-direction pressure—together these readings support a strong trend that has recently shifted toward sellers.
MACD & Signal: MACD reads 4.36 versus a signal line at 3.54. The MACD currently trades above its signal (a bullish state), but the MACD trend reports a peak & reversal, which denotes waning momentum and favors downside in the near term unless MACD resumes an upward trajectory.
Price Versus Moving Averages & Support/Resistance: Close at $105.01 sits above the 12-day EMA $102.72 (increasing), the 20-day average $101.63, the 50-day average $91.78 and the 200-day average $79.96—price strength contrasts with the momentum reversals. SuperTrend lower support near $101.55 and the 1x Bollinger upper band at $106.79 form the immediate technical range; a clear, sustained break beyond those levels would change the short-term bias.
MRO (Momentum/Regression Oscillator): MRO at 39.49 with an increasing trend indicates price currently sits above the model target and implies mean-reverting pressure; the positive MRO magnitude suggests notable potential for pullback toward the model target if momentum concedes.
RSI: RSI at 63.05 with a reported peak & reversal points to slipping bullish conviction after a near-overbought posture, reinforcing the scenario where price can consolidate or retrace before resuming any trend higher.
Fundamental Analysis
Profitability & Margins: EBIT and operating margin at 29.75% ($321,090,000,000 EBIT) stand materially above the industry peer mean operating margin of 16.694%, and sit near the industry’s high. Gross margin equals 45.40%, supporting robust unit economics despite recent margin compression quarter-over-quarter (operating margin QoQ -3.63%) and year-over-year (-19.53%).
Cash, Liquidity & Capital Structure: Cash and short-term investments total $1,982,284,000,000 with cash of $797,075,000,000; market capitalization equals $15,407,661,563 while enterprise value registers at -$1,555,237,338,437, reflecting a net-cash adjusted capital position. Current ratio stands at 1.26 (QoQ +2.54%, YoY +17.99%), quick ratio 1.25, and debt-to-equity 0.15336 (15.34%), indicating low leverage versus capital employed.
Cash Generation: Free cash flow equals $53,547,000,000 with a free cash flow yield of 3.48% though free cash flow growth shows contraction (free cash growth YoY -45.899% and QoQ -76.711%), signaling weaker recent conversion despite positive absolute FCF.
Returns & Efficiency: Return on equity equals 9.29% and return on assets 2.25%; asset turnover runs at 0.097, while inventory turnover 5.11 suggests reasonable inventory efficiency. The cash conversion cycle at -1,110.89 days (well below the industry peer mean of -51.73 days) reflects a highly favorable receivables/payables structure relative to peers.
Earnings & Valuation Metrics: Reported EPS actual $1,346.00 versus estimate $1,340.10 produced an EPS surprise of $5.90 or +0.44%. Price multiples sit unusually low (P/B 0.00574, P/S 0.01427, P/E 0.05964, forward P/E 0.0439), and these multiples sit far below the industry peer means provided. WMDST classifies the current valuation as under-valued, supported by the company’s large cash base, high operating margin, and negative enterprise value despite contraction in some growth and cash-flow rates.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-08-12 |
| NEXT REPORT DATE: | 2026-11-11 |
| CASH FLOW | Begin Period Cash Flow | $ 903.1 B |
| Operating Cash Flow | $ 86.5 B | |
| Capital Expenditures | $ -32.96 B | |
| Change In Working Capital | $ -291.63 B | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -106.07 B | |
| End Period Cash Flow | $ 797.1 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.1 T | |
| Forward Revenue | $ 349.7 B | |
| COSTS | ||
| Cost Of Revenue | $ 589.4 B | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | $ 61.6 B | |
| Total Operating Expenses | $ 758.3 B | |
| PROFITABILITY | ||
| Gross Profit | $ 490.0 B | |
| EBITDA | $ 324.3 B | |
| EBIT | $ 321.1 B | |
| Operating Income | $ 321.1 B | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | $ 322.3 B | |
| Tax Provision | $ 70.4 B | |
| Tax Rate | 21.841 % | |
| Net Income | $ 249.4 B | |
| Net Income From Continuing Operations | $ 249.4 B | |
| EARNINGS | ||
| EPS Estimate | $ 1.3 K | |
| EPS Actual | $ 1.3 K | |
| EPS Difference | $ 5.90 | |
| EPS Surprise | 0.44 % | |
| Forward EPS | $ 1.7 K | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 11.1 T | |
| Intangible Assets | $ 448.6 B | |
| Net Tangible Assets | $ 2.2 T | |
| Total Current Assets | $ 9.7 T | |
| Cash and Short-Term Investments | $ 2.0 T | |
| Cash | $ 797.1 B | |
| Net Receivables | — | |
| Inventory | $ 106.0 B | |
| Long-Term Investments | $ 180.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 7.6 T | |
| Short-Term Debt | $ 76.8 B | |
| Total Current Liabilities | $ 7.7 T | |
| Net Debt | — | |
| Total Debt | $ 411.6 B | |
| Total Liabilities | $ 8.3 T | |
| EQUITY | ||
| Total Equity | $ 2.7 T | |
| Retained Earnings | $ 2.8 T | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 14.1 K | |
| Shares Outstanding | 190.027 M | |
| Revenue Per-Share | $ 5.7 K | |
| VALUATION | Market Capitalization | $ 15.4 B |
| Enterprise Value | $ -1.56 T | |
| Enterprise Multiple | -4.796 | |
| Enterprise Multiple QoQ | 7.572 % | |
| Enterprise Multiple YoY | 2348.979 % | |
| Enterprise Multiple IPRWA | high: 158.855 mean: 53.856 median: 42.386 KSPI: -4.796 low: -206.971 |
|
| EV/R | -1.441 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 4.135 | |
| Asset To Liability | 1.333 | |
| Debt To Capital | 0.133 | |
| Debt To Assets | 0.037 | |
| Debt To Assets QoQ | -12.647 % | |
| Debt To Assets YoY | -43.478 % | |
| Debt To Assets IPRWA | high: 1.267 mean: 0.204 median: 0.154 KSPI: 0.037 low: 0.001 |
|
| Debt To Equity | 0.153 | |
| Debt To Equity QoQ | -18.793 % | |
| Debt To Equity YoY | -57.02 % | |
| Debt To Equity IPRWA | high: 2.505 median: 0.266 mean: 0.167 KSPI: 0.153 low: -5.493 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.006 | |
| Price To Book QoQ | -0.52 % | |
| Price To Book YoY | -44.218 % | |
| Price To Book IPRWA | high: 23.308 mean: 3.539 median: 2.411 KSPI: 0.006 low: -16.158 |
|
| Price To Earnings (P/E) | 0.06 | |
| Price To Earnings QoQ | 15.941 % | |
| Price To Earnings YoY | -13.778 % | |
| Price To Earnings IPRWA | high: 418.294 mean: 139.142 median: 82.234 KSPI: 0.06 low: -209.766 |
|
| PE/G Ratio | -0.007 | |
| Price To Sales (P/S) | 0.014 | |
| Price To Sales QoQ | 13.434 % | |
| Price To Sales YoY | -33.813 % | |
| Price To Sales IPRWA | high: 25.482 mean: 11.425 median: 10.511 low: 0.042 KSPI: 0.014 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 0.044 | |
| Forward PE/G | -0.005 | |
| Forward P/S | 0.044 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.611 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.097 | |
| Asset Turnover Ratio QoQ | -8.789 % | |
| Asset Turnover Ratio YoY | 5.392 % | |
| Asset Turnover Ratio IPRWA | high: 1.242 mean: 0.188 median: 0.168 KSPI: 0.097 low: 0.02 |
|
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | 5.114 | |
| Inventory Turnover Ratio QoQ | 9.315 % | |
| Inventory Turnover Ratio YoY | -17.163 % | |
| Inventory Turnover Ratio IPRWA | KSPI: 5.114 high: 4.108 median: 2.337 mean: 2.332 low: 0.387 |
|
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | -1110.888 | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | -49.952 % | |
| Cash Conversion Cycle Days IPRWA | high: 170.387 median: -35.275 mean: -51.73 low: -201.49 KSPI: -1110.888 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.533 | |
| CapEx To Revenue | -0.031 | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 3.0 T | |
| Net Invested Capital | $ 3.1 T | |
| Invested Capital | $ 3.1 T | |
| Net Tangible Assets | $ 2.2 T | |
| Net Working Capital | $ 2.0 T | |
| LIQUIDITY | ||
| Cash Ratio | 0.257 | |
| Current Ratio | 1.263 | |
| Current Ratio QoQ | 2.542 % | |
| Current Ratio YoY | 17.993 % | |
| Current Ratio IPRWA | high: 4.087 mean: 1.356 median: 1.282 KSPI: 1.263 low: 0.404 |
|
| Quick Ratio | 1.249 | |
| Quick Ratio QoQ | 2.726 % | |
| Quick Ratio YoY | 18.6 % | |
| Quick Ratio IPRWA | high: 3.047 KSPI: 1.249 mean: 1.108 median: 1.009 low: 0.162 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 1.269 | |
| Cost Of Debt | 38.678 % | |
| Interest Coverage Ratio | 1.471 | |
| Interest Coverage Ratio QoQ | -9.027 % | |
| Interest Coverage Ratio YoY | -28.276 % | |
| Interest Coverage Ratio IPRWA | high: 71.167 mean: 28.797 median: 14.992 KSPI: 1.471 low: -64.882 |
|
| Operating Cash Flow Ratio | 0.011 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 1127.742 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.144 % | |
| Revenue Growth | -5.604 % | |
| Revenue Growth QoQ | -237.623 % | |
| Revenue Growth YoY | -144.328 % | |
| Revenue Growth IPRWA | high: 45.635 % KSPI: -5.604 % mean: -13.409 % median: -14.556 % low: -58.271 % |
|
| Earnings Growth | -9.139 % | |
| Earnings Growth QoQ | -1210.45 % | |
| Earnings Growth YoY | -51.149 % | |
| Earnings Growth IPRWA | high: 261.905 % KSPI: -9.139 % mean: -31.651 % median: -46.241 % low: -347.343 % |
|
| MARGINS | ||
| Gross Margin | 45.397 % | |
| Gross Margin QoQ | -0.07 % | |
| Gross Margin YoY | -12.671 % | |
| Gross Margin IPRWA | high: 90.485 % median: 51.816 % KSPI: 45.397 % mean: 43.39 % low: 6.99 % |
|
| EBIT Margin | 29.747 % | |
| EBIT Margin QoQ | -3.625 % | |
| EBIT Margin YoY | -19.527 % | |
| EBIT Margin IPRWA | high: 29.863 % KSPI: 29.747 % mean: 16.694 % median: 16.37 % low: -52.131 % |
|
| Return On Sales (ROS) | 29.747 % | |
| Return On Sales QoQ | -3.625 % | |
| Return On Sales YoY | -19.527 % | |
| Return On Sales IPRWA | KSPI: 29.747 % high: 24.34 % median: 13.14 % mean: 7.469 % low: -52.131 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 53.5 B | |
| Free Cash Flow Yield | 347.535 % | |
| Free Cash Flow Yield QoQ | -87.117 % | |
| Free Cash Flow Yield YoY | -140.367 % | |
| Free Cash Flow Yield IPRWA | KSPI: 347.535 % high: 17.119 % median: -0.739 % mean: -1.746 % low: -18.917 % |
|
| Free Cash Growth | -86.201 % | |
| Free Cash Growth QoQ | -76.711 % | |
| Free Cash Growth YoY | -45.899 % | |
| Free Cash Growth IPRWA | high: 289.558 % KSPI: -86.201 % median: -221.651 % mean: -267.304 % low: -434.691 % |
|
| Free Cash To Net Income | 0.215 | |
| Cash Flow Margin | 9.426 % | |
| Cash Flow To Earnings | 0.347 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.29 | |
| Return On Assets (ROA) | 2.249 % | |
| Return On Assets QoQ | -15.26 % | |
| Return On Assets YoY | -21.774 % | |
| Return On Assets IPRWA | high: 9.796 % KSPI: 2.249 % mean: 2.101 % median: 1.979 % low: -14.442 % |
|
| Return On Capital Employed (ROCE) | 9.467 % | |
| Return On Equity (ROE) | 0.093 | |
| Return On Equity QoQ | -18.586 % | |
| Return On Equity YoY | -37.485 % | |
| Return On Equity IPRWA | high: 0.307 KSPI: 0.093 mean: 0.046 median: 0.03 low: -0.52 |
|
| DuPont ROE | 9.637 % | |
| Return On Invested Capital (ROIC) | 8.107 % | |
| Return On Invested Capital QoQ | -13.183 % | |
| Return On Invested Capital YoY | -24.565 % | |
| Return On Invested Capital IPRWA | high: 13.197 % KSPI: 8.107 % mean: 3.688 % median: 3.098 % low: -43.82 % |
|