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Western DigitalWDC 60 EV-to-EBITDA is 22.39 as of Jul. 28, 2026, which is 150% above its 10-year median of 8.94. GuruFocus rates WDC with a GF Score™ of 60/100 and a GF Value™ of $89.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,896 Hardware companies, Western Digital ranks worse than 61.71% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Western Digital's enterprise value is $169,968 Mil.
Western Digital's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $7,592 Mil. Therefore, Western Digital's EV-to-EBITDA for today is 22.39.
The historical rank and industry rank for Western Digital's EV-to-EBITDA or its related term are showing as below:
WDC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -159.67 Med: 8.94 Max: 883.96
Current: 22.39
During the past 13 years, the highest EV-to-EBITDA of Western Digital was 883.96. The lowest was -159.67. And the median was 8.94.
WDC's EV-to-EBITDA is ranked worse than 61.71% of 1896
companies
in the Hardware industry
Industry Median: 15.04
vs WDC: 22.39
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Western Digital (NAS:WDC) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Western Digital's PE Ratio (TTM) for today is calculated as:
Western Digital's share price for today is $497.92.
Western Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.754.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Western Digital's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Computer Hardware subindustry, Western Digital's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Digital EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Western Digital's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Western Digital's EV-to-EBITDA falls into.
Western Digital's current Enterprise Value is $169,968 Mil.
Western Digital's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,592 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Digital (WDC) has a EV-to-EBITDA of 22.39 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Western Digital. This is 150% above median its historical median of 8.94. According to the industry distribution chart, Western Digital ranks #1170 out of 1896 companies in the Hardware industry, placing it in the top 61.7%.
Is Western Digital's EV-to-EBITDA too high?
Western Digital's current EV-to-EBITDA of 22.39 is 150% above median its 10-year median of 8.94. The Hardware industry median EV-to-EBITDA is 15.04. Western Digital's value of 22.39 is 48.9% above this industry median. Based on the distribution chart, Western Digital ranks #1170 out of 1896 companies in the Hardware industry, which is below the industry midpoint. Overall, Western Digital has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's EV-to-EBITDA compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #1170 out of 1896 companies for EV-to-EBITDA. This places Western Digital in the lower half of its industry. The industry median EV-to-EBITDA is 15.04. Western Digital's value of 22.39 is 48.9% above this benchmark. While the company's 10-year median is 8.94 vs. the industry median of 15.04, Western Digital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 15.04, based on 1,896 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Digital's current EV-to-EBITDA of 22.39 is 48.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Western Digital. For the Hardware industry, the median EV-to-EBITDA is 15.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current EV-to-EBITDA is 22.39, which is 150% above median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Based on GuruFocus' analysis, Western Digital (WDC) is currently considered Significantly Overvalued. The stock's GF Value™ is $89.40, compared to a current price of $497.92 — trading 457% above its estimated fair value. The current EV-to-EBITDA is 22.39, which is 150% above median its 10-year median of 8.94 and 48.9% above the Hardware industry median of 15.04. Western Digital's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Western Digital (WDC), the current EV-to-EBITDA is 22.39 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Digital (WDC) Overvalued in 2026?
Based on GuruFocus' analysis, Western Digital stock appears to be overvalued.
The current stock price of $497.92 is trading 457% above its estimated GF Value™ of $89.40.
GuruFocus considers Western Digital to be Significantly Overvalued.
Key valuation signals for WDC:
EV-to-EBITDA: 22.39 (150% above median its 10-year median of 8.94)
GF Value™: $89.40 vs. price of $497.92 (457% above fair value)
Industry Position: 48.9% above the Hardware median (#1170 of 1896)
No single metric tells the full story. See the WDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
60GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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