Recent News
On April 1, 2026 the board restructured leadership, confirming a new chairman and vice-chair while revising committee composition and linking an updated dividend policy more tightly to solvency and subsidiary dividends. The company set a shareholder record date of February 13, 2026 and held a virtual annual meeting on March 31, 2026; proxy materials and meeting documentation published in late February–March. Management signaled capital-return mechanics tied to subsidiary distributions and macro conditions in February communications.
Technical Analysis
Directional system: ADX at 13.8 indicates no established trend, but both directional indicators point toward near-term downside: DI+ peaked and reversed while DI- shows a dip-and-reversal; those DI actions read as bearish, implying directional conflict without a strong trend to amplify moves.
MACD sits positive at 2.02 yet shows a peak-and-reversal in momentum; it currently remains above its signal line (1.67), so momentum has started to fade from a recent high while still holding a short-term bullish displacement versus the signal.
MRO reads 14.84 with a peak-and-reversal, which places the market price above WMDST’s target and signals a price posture likely to pull back toward that target absent renewed upside catalysts.
RSI at 54.35 has peaked and reversed, indicating momentum waning from neutral territory rather than an overbought exhaustion; this suggests room for a pullback without immediate oversold support.
Price versus averages: close at $340.22 sits essentially on the 20‑ and 50‑day averages (20-day $340.59; 50-day $340.24) and well above the 200‑day average ($285.07), so short-term mean reversion would produce modest moves while the long-term trend retains upside bias. Ichimoku components place price inside the cloud (Senkou A $345.81; Senkou B $326.10), indicating consolidation. Bollinger bands (1x: $325.23–$355.95) contain the price, and elevated on‑book volume (1,031,080 versus 10‑day average 473,271) shows recent conviction on both sides that could accelerate breakouts or breakdowns.
Volatility and sensitivity: 42‑day beta (1.59) contrasts with 52‑week beta (0.79), signaling higher recent sensitivity to market moves and greater potential for sharper short‑term swings versus the yearlong baseline.
Fundamental Analysis
Earnings and estimates: reported EPS of $5.93 undercut the $6.45 estimate by $0.52, an EPS surprise of -8.06%; forward EPS sits at $8.08. Quarterly and annual growth metrics show compression: earnings growth QoQ at -9.92% and earnings growth YoY at -68.49%, while overall earnings growth (trailing measure) equals -8.35%—these indicate materially weaker sequential and year‑on‑year profitability versus prior periods.
Revenue dynamics show near‑flat trailing growth (0.59%) but a steep YoY decline of -38.49%, implying revenue base weakness even as short‑term stabilization appears. Cost of debt runs near 3.95%, and cash conversion metrics for peers imply broad variation across the group; invested capital reads as $-60,612,382,000 on the balance sheet.
Multiples and peer context: current P/E stands at 52.10 and forward P/E at 33.21. The P/E sits below the industry peer mean (about 62.58) and inside the industry peer range, while forward P/E sits below the industry peer mean (about 45.68) and below the industry peer median. The PEG ratio registers at -6.24, which sits below the industry peer mean of -3.26 and below the industry peer median of -2.44 but remains inside the industry peer range. These multiple relationships reflect elevated current earnings volatility alongside a lower forward multiple versus peers. (Industry peer mean and median values used for comparison provided above.)
Profitability and cash: reported earnings growth patterns and a zero cash conversion to earnings metric indicate earnings did not translate into incremental free cash flow for the period reported. Management commentary highlights elevated CET1 capital and plans to channel excess capital to the holding via dividends when subsidiary distributions and macro conditions allow.
Valuation: WMDST values the stock as fair‑valued based on current multiples, forward earnings, and observed solvency‑driven capital‑return commentary; fundamentals show mixed recovery signals but do not yet support a sustained re‑rating above peer multiples.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-02-11 |
| NEXT REPORT DATE: | 2026-05-13 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | — | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | $ 6.45 | |
| EPS Actual | $ 5.93 | |
| EPS Difference | $ -0.52 | |
| EPS Surprise | -8.062 % | |
| Forward EPS | $ 8.08 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | — | |
| Intangible Assets | — | |
| Net Tangible Assets | — | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | — | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | — | |
| EQUITY | ||
| Total Equity | — | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | — | |
| Shares Outstanding | — | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | — |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | — | |
| Asset To Liability | — | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | — | |
| Price To Book QoQ | — | |
| Price To Book YoY | — | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 52.097 | |
| Price To Earnings QoQ | 32.241 % | |
| Price To Earnings YoY | 297.183 % | |
| Price To Earnings IPRWA | high: 94.177 mean: 62.579 median: 61.871 BAP: 52.097 low: 37.244 |
|
| PE/G Ratio | -6.242 | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 33.214 | |
| Forward PE/G | -3.98 | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 83.413 mean: 13.496 low: 10.154 median: 10.154 BAP: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | — | |
| Net Invested Capital | — | |
| Invested Capital | $ -60.61 B | |
| Net Tangible Assets | — | |
| 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 | 3.948 % | |
| 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 | — | |
| Revenue Growth | 0.585 % | |
| Revenue Growth QoQ | 0.0 % | |
| Revenue Growth YoY | -38.486 % | |
| Revenue Growth IPRWA | high: 14.958 % median: 3.449 % mean: 3.207 % BAP: 0.585 % low: -1.639 % |
|
| Earnings Growth | -8.346 % | |
| Earnings Growth QoQ | -991.667 % | |
| Earnings Growth YoY | -68.489 % | |
| Earnings Growth IPRWA | high: 12.5 % BAP: -8.346 % median: -8.679 % mean: -15.331 % low: -45.133 % |
|
| 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) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | — | |
| Cash Flow To Earnings | 0.0 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |