Westpac Banking Stock Fundamentals

Westpac Banking fundamentals help investors to digest information that contributes to Westpac Banking's financial success or failures. It also enables traders to predict the movement of Westpac Stock. The fundamental analysis module provides a way to measure Westpac Banking's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westpac Banking stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Westpac Banking Company Shares Outstanding Analysis

Westpac Banking's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Westpac Banking Shares Outstanding

    
  3.67 B  
Most of Westpac Banking's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westpac Banking is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Westpac Banking has 3.67 B of shares currently outstending. This is 99.97% higher than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.

Westpac Banking Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Westpac Banking's current stock value. Our valuation model uses many indicators to compare Westpac Banking value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westpac Banking competition to find correlations between indicators driving Westpac Banking's intrinsic value. More Info.
Westpac Banking is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Westpac Banking is roughly  13.22 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Westpac Banking by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Westpac Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westpac Banking's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westpac Banking could also be used in its relative valuation, which is a method of valuing Westpac Banking by comparing valuation metrics of similar companies.
Westpac Banking is currently under evaluation in shares outstanding category among its peers.

Westpac Fundamentals

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Other Consideration for investing in Westpac Stock

If you are still planning to invest in Westpac Banking check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Westpac Banking's history and understand the potential risks before investing.
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