Recent News
On August 14, 2025 the company posted a corporate update that included a semi-annual dividend increase and progress against its $450 million share-repurchase authorization, reporting aggregate repurchases of approximately 7.1 million ADSs for about $277 million to date.
Technical Analysis
ADX / DI+/DI-: ADX at 30.58 indicates a strong directional environment. DI+ shows a clear dip-and-reversal, and DI- shows a peak-and-reversal; those directional shifts together signal a bullish directional rotation that supports a near-term rebound narrative tied to the valuation gap.
MACD: MACD reads -1.11 while the signal line reads -1.55, with MACD increasing and sitting above the signal line; that cross provides a bullish momentum confirmation that aligns with a short-term recovery toward valuation-support levels.
MRO (Momentum/Regression Oscillator): MRO at -11.13 sits below zero, indicating price below target and potential upward pressure; the oscillator shows a dip-and-reversal, reinforcing upward potential for the coming weeks.
RSI: RSI at 37.94 shows prior downside exhaustion and a dip-and-reversal pattern, pointing toward renewed buying interest without yet reaching overbought territory—this supports a measured rally scenario consistent with the WMDST valuation.
Price Versus Moving Averages and Bollinger Bands: Price closed at $30.76, above the 20-day average ($28.58) and the 12-day EMA ($29.03), with the 12-day EMA showing a dip-and-reversal; the price trend shows a dip-and-reversal inside the lower Bollinger band (within -2× standard deviation), indicating a classic bounce pattern that favors near-term upside while longer-term resistance sits near the 50-day average ($32.96) and the 200-day average ($37.85).
Ichimoku / Chikou Span: The Chikou span remains below the cloud and Senkou lines sit at $37.15 and $38.26, which implies longer-term resistance that would need to break for a durable trend change; short-term momentum can still drive a swing move even while the longer-term cloud resists.
Volume & Volatility: Today’s volume at 4,181,722 exceeds 10-/50-/200-day averages, suggesting accumulation during the reversal; 42-day and 52-week volatility both at 3% indicate a relatively low volatility regime for the size of the move, which favors orderly mean-reversion rather than panic-driven swings.
Fundamental Analysis
Profitability & Earnings: Reported EPS came in at $12.76 versus an estimate of $12.67, producing an EPS surprise of +0.71%. Net income for the period reached $1,733,994,000, and net income from continuing operations matched that level. WMDST treats the earnings result as supportive of the near-term valuation gap when combined with positive cash generation.
Valuation Multiples: Trailing PE stands at 3.07 and the price-to-book ratio reads 0.40. WMDST values the stock as under-valued. Forward PE sits materially higher at 29.81, reflecting market expectations for lower forward earnings per share; forward revenue and forward PS show elevated forward multiples that warrant monitoring as management updates guidance.
Cash Flow & Liquidity: Operating cash flow and free cash flow both read $2,622,004,000; free cash flow yield equals 27.40%. Free cash flow to net income equals 151.21%, and cash on hand totals $5,287,926,000 against total debt of $6,320,765,000, producing net debt of $1,032,839,000. Those cash metrics support shareholder actions reported in recent corporate news.
Growth Rates: YoY revenue growth sits at 4.03% while QoQ revenue growth shows 197.71% (per supplied QoQ figure). YoY earnings growth reads -94.68% and QoQ earnings growth reads -216.49% per the provided figures; recognize those QoQ and YoY percentages reflect the supplied periodic comparisons and indicate sizable recent variability in reported earnings behavior.
Returns & Efficiency: Return on equity equals 7.21% and return on assets equals 3.01%. Asset turnover sits at 7.50%. Book value per share measures $90.84 and invested capital near $30.38 billion. The low trailing PE and elevated free cash flow yield create a valuation disconnect versus longer-term forward multiples, a gap that underpins the WMDST valuation classification.
Balance Sheet Structure: Debt-to-assets equals 10.58% and debt-to-equity equals 26.27%, with a cost of debt near 0.987%. Asset-to-equity reads 2.48, indicating leverage consistent with a platform lender model. Short-term debt equals $1,463,522,000 while total equity equals $24,058,376,000, preserving ample equity cushion relative to operating scale.
Peer Comparisons Where Available: Price-to-book at 0.40 sits below the industry peer mean of 4.91 and the industry peer median of 6.59; free cash flow yield at 27.40% sits well above the industry peer mean of 1.96. Return on equity at 7.21% sits modestly above the industry peer mean of 6.17%. Those contrasts show valuation markedly lower than peer averages while returns place the company near or slightly above peer central tendency without overstating that gap.
Valuation Summary: Low trailing PE, low price-to-book, substantial free cash flow yield, and recent buybacks/dividend increases create a fundamental base for a re-rating if momentum persists and forward earnings stabilize. WMDST values the stock as under-valued given the combination of cash generation and depressed multiples.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-08-14 |
| NEXT REPORT DATE: | 2025-11-17 |
| CASH FLOW | Begin Period Cash Flow | $ 11.8 B |
| Operating Cash Flow | $ 2.6 B | |
| Capital Expenditures | — | |
| Change In Working Capital | $ 888.0 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -3.60 B | |
| End Period Cash Flow | $ 8.2 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 4.3 B | |
| Forward Revenue | $ 233.5 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | $ 2.3 B | |
| Interest Expense | — | |
| Net Interest Income | $ 2.3 B | |
| Income Before Tax | $ 2.2 B | |
| Tax Provision | $ 441.5 M | |
| Tax Rate | 20.328 % | |
| Net Income | $ 1.7 B | |
| Net Income From Continuing Operations | $ 1.7 B | |
| EARNINGS | ||
| EPS Estimate | $ 12.67 | |
| EPS Actual | $ 12.76 | |
| EPS Difference | $ 0.09 | |
| EPS Surprise | 0.71 % | |
| Forward EPS | $ 1.41 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 59.8 B | |
| Intangible Assets | $ 999.8 M | |
| Net Tangible Assets | $ 23.1 B | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | $ 5.3 B | |
| Net Receivables | $ 2.3 B | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | $ 1.5 B | |
| Total Current Liabilities | — | |
| Net Debt | $ 1.0 B | |
| Total Debt | $ 6.3 B | |
| Total Liabilities | $ 35.6 B | |
| EQUITY | ||
| Total Equity | $ 24.1 B | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 90.84 | |
| Shares Outstanding | 264.858 M | |
| Revenue Per-Share | $ 16.34 | |
| VALUATION | Market Capitalization | $ 9.6 B |
| Enterprise Value | $ 15.9 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 3.671 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.484 | |
| Asset To Liability | 1.676 | |
| Debt To Capital | 0.208 | |
| Debt To Assets | 0.106 | |
| Debt To Assets QoQ | -4.037 % | |
| Debt To Assets YoY | 369.507 % | |
| Debt To Assets IPRWA | high: 1.235 mean: 0.266 median: 0.202 QFIN: 0.106 low: 0.002 |
|
| Debt To Equity | 0.263 | |
| Debt To Equity QoQ | -1.181 % | |
| Debt To Equity YoY | 460.192 % | |
| Debt To Equity IPRWA | high: 11.194 median: 1.848 mean: 1.705 QFIN: 0.263 low: -2.069 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.398 | |
| Price To Book QoQ | -16.611 % | |
| Price To Book YoY | 203.571 % | |
| Price To Book IPRWA | high: 8.98 median: 6.594 mean: 4.91 QFIN: 0.398 low: -1.584 |
|
| Price To Earnings (P/E) | 3.065 | |
| Price To Earnings QoQ | 1.378 % | |
| Price To Earnings YoY | 46.926 % | |
| Price To Earnings IPRWA | high: 193.721 mean: 100.044 median: 73.319 QFIN: 3.065 low: -8.702 |
|
| PE/G Ratio | 2.764 | |
| Price To Sales (P/S) | 2.211 | |
| Price To Sales QoQ | -18.429 % | |
| Price To Sales YoY | 151.807 % | |
| Price To Sales IPRWA | high: 35.853 mean: 12.778 median: 11.933 QFIN: 2.211 low: 0.623 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 29.807 | |
| Forward PE/G | 26.877 | |
| Forward P/S | 40.991 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.075 | |
| Asset Turnover Ratio QoQ | -4.103 % | |
| Asset Turnover Ratio YoY | 5.158 % | |
| Asset Turnover Ratio IPRWA | high: 0.393 QFIN: 0.075 mean: 0.063 median: 0.062 low: 0.0 |
|
| Receivables Turnover | 1.853 | |
| Receivables Turnover Ratio QoQ | 4.508 % | |
| Receivables Turnover Ratio YoY | 37.853 % | |
| Receivables Turnover Ratio IPRWA | high: 11.283 QFIN: 1.853 mean: 1.333 median: 0.101 low: 0.066 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 49.24 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 28.9 B | |
| Net Invested Capital | $ 30.4 B | |
| Invested Capital | $ 30.4 B | |
| Net Tangible Assets | $ 23.1 B | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 0.987 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 7.42 % | |
| Revenue Growth | 6.636 % | |
| Revenue Growth QoQ | 197.712 % | |
| Revenue Growth YoY | 402.727 % | |
| Revenue Growth IPRWA | high: 47.528 % mean: 7.288 % QFIN: 6.636 % median: 5.24 % low: -40.995 % |
|
| Earnings Growth | 1.109 % | |
| Earnings Growth QoQ | -216.492 % | |
| Earnings Growth YoY | -94.68 % | |
| Earnings Growth IPRWA | high: 230.0 % mean: 13.997 % median: 12.088 % QFIN: 1.109 % low: -239.394 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 2.6 B | |
| Free Cash Flow Yield | 27.397 % | |
| Free Cash Flow Yield QoQ | 7.435 % | |
| Free Cash Flow Yield YoY | -58.695 % | |
| Free Cash Flow Yield IPRWA | high: 39.406 % QFIN: 27.397 % mean: 1.957 % median: 1.758 % low: -35.472 % |
|
| Free Cash Growth | -6.547 % | |
| Free Cash Growth QoQ | 104.53 % | |
| Free Cash Growth YoY | -3928.655 % | |
| Free Cash Growth IPRWA | high: 229.412 % mean: 0.082 % QFIN: -6.547 % median: -13.59 % low: -326.967 % |
|
| Free Cash To Net Income | 1.512 | |
| Cash Flow Margin | 40.099 % | |
| Cash Flow To Earnings | 1.001 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 3.006 % | |
| Return On Assets QoQ | -13.372 % | |
| Return On Assets YoY | 2.769 % | |
| Return On Assets IPRWA | high: 4.096 % QFIN: 3.006 % mean: 1.055 % median: 0.999 % low: -3.164 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | 0.072 | |
| Return On Equity QoQ | -7.662 % | |
| Return On Equity YoY | 17.819 % | |
| Return On Equity IPRWA | high: 0.145 QFIN: 0.072 mean: 0.062 median: 0.061 low: -0.071 |
|
| DuPont ROE | 7.36 % | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |