Wipro Limited (WIT)

NYSE: WIT · IEX Real-Time Price · USD
5.75
+0.05 (0.88%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Wipro has a market cap or net worth of $30.05 billion. The enterprise value is $28.06 billion.

Market Cap 30.05B
Enterprise Value 28.06B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Jan 23, 2024

Share Statistics

Wipro has 5.23 billion shares outstanding.

Shares Outstanding 5.23B
Owned by Insiders (%) n/a
Owned by Institutions (%) 2.55%
Float 1.42B

Valuation Ratios

The trailing PE ratio is 22.14 and the forward PE ratio is 19.92. Wipro's PEG ratio is 1.40.

PE Ratio 22.14
Forward PE 19.92
PS Ratio 2.72
Forward PS 0.03
PB Ratio 3.58
P/FCF Ratio 16.56
PEG Ratio 1.40
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.80, with an EV/FCF ratio of 15.47.

EV / Earnings 20.03
EV / Sales 2.54
EV / EBITDA 11.80
EV / EBIT 14.25
EV / FCF 15.47

Financial Position

The company has a current ratio of 2.29, with a Debt / Equity ratio of 0.26.

Current Ratio 2.29
Quick Ratio 2.05
Debt / Equity 0.26
Debt / EBITDA 0.93
Debt / FCF 1.21
Interest Coverage 13.82

Financial Efficiency

Return on equity (ROE) is 16.00% and return on invested capital (ROIC) is 12.17%.

Return on Equity (ROE) 16.00%
Return on Assets (ROA) 10.10%
Return on Capital (ROIC) 12.17%
Revenue Per Employee $44,166
Profits Per Employee $5,604
Employee Count 250,000
Asset Turnover 0.79
Inventory Turnover 410.18

Taxes

In the past 12 months, Wipro has paid $430.43 million in taxes.

Income Tax 430.43M
Effective Tax Rate 23.50%

Stock Price Statistics

The stock price has increased by +32.18% in the last 52 weeks. The beta is 0.72, so Wipro's price volatility has been lower than the market average.

Beta (1Y) 0.72
52-Week Price Change +32.18%
50-Day Moving Average 5.97
200-Day Moving Average 5.20
Relative Strength Index (RSI) 39.48
Average Volume (30 Days) 2,512,078

Short Selling Information

Short Interest 14.03M
Short Previous Month 13.36M
Short % of Shares Out 0.52%
Short % of Float n/a
Short Ratio (days to cover) 6.87

Income Statement

In the last 12 months, Wipro had revenue of $11.04 billion and earned $1.40 billion in profits. Earnings per share was $0.26.

Revenue 11.04B
Gross Profit 2.92B
Operating Income 1.69B
Pretax Income 1.83B
Net Income 1.40B
EBITDA 2.38B
EBIT 1.97B
Earnings Per Share (EPS) $0.26
Full Income Statement

Balance Sheet

The company has $4.18 billion in cash and $2.20 billion in debt, giving a net cash position of $1.98 billion or $0.38 per share.

Cash & Cash Equivalents 4.18B
Total Debt 2.20B
Net Cash 1.98B
Net Cash Per Share $0.38
Equity / Book Value 8.38B
Book Value Per Share 1.60
Working Capital 3.95B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.88 billion and capital expenditures -$68.29 million, giving a free cash flow of $1.81 billion.

Operating Cash Flow 1.88B
Capital Expenditures -68.29M
Free Cash Flow 1.81B
FCF Per Share $0.33
Full Cash Flow Statement

Margins

Gross margin is 26.45%, with operating and profit margins of 15.26% and 12.69%.

Gross Margin 26.45%
Operating Margin 15.26%
Pretax Margin 16.55%
Profit Margin 12.69%
EBITDA Margin 21.54%
EBIT Margin 17.84%
FCF Margin 16.43%

Dividends & Yields

This stock pays an annual dividend of $0.01, which amounts to a dividend yield of 0.21%.

Dividend Per Share $0.01
Dividend Yield 0.21%
Dividend Growth (YoY) -0.33%
Years of Dividend Growth n/a
Payout Ratio 4.70%
Buyback Yield -0.21%
Shareholder Yield 0.00%
Earnings Yield 4.66%
FCF Yield 6.04%
Dividend Details

Analyst Forecast

The average price target for Wipro is $5.00, which is -13.04% lower than the current price. The consensus rating is "Strong Sell".

Price Target $5.00
Price Target Difference -13.04%
Analyst Consensus Strong Sell
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 7.87%
Stock Forecasts

Stock Splits

The last stock split was on June 22, 2017. It was a forward split with a ratio of 2:1.

Last Split Date Jun 22, 2017
Split Type Forward
Split Ratio 2:1

Scores

Wipro has an Altman Z-Score of 6.34 and a Piotroski F-Score of 7.

Altman Z-Score 6.34
Piotroski F-Score 7