Company Valuation: Wipro Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 3,236,060 2,000,894 2,505,134 2,741,626 1,964,851 1,824,332 - -
Change - -38.17% 25.2% 9.44% -28.33% -7.15% - -
Enterprise Value (EV) 1 3,042,265 1,749,875 2,238,476 2,369,995 1,589,490 1,538,392 1,500,235 1,444,524
Change - -42.48% 27.92% 5.88% -32.93% -3.21% -2.48% -3.71%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 13.9x 13.3x 12.8x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.24x 2.15x 2.03x
PEG - -2.45x 34.12x 1x 46.64x 2.53x 2.97x 3.29x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.84x 1.78x 1.73x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.55x 1.47x 1.37x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 7.89x 7.41x 6.93x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 9.5x 8.89x 8.28x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 11.6x 10.4x 9.76x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 8.59% 9.64% 10.2%
Dividend per Share 2 3 0.5 0.5 6 11 9.288 10.8 10.86
Rate of return 1.01% 0.27% 0.21% 2.29% 5.87% 5.04% 5.86% 5.89%
EPS 2 11.14 10.34 10.41 12.52 12.56 13.25 13.84 14.38
Distribution rate 26.9% 4.84% 4.8% 47.9% 87.6% 70.1% 78% 75.5%
Net sales 1 790,934 904,876 897,603 890,884 926,240 992,886 1,023,010 1,052,739
EBITDA 1 164,523 168,479 169,830 180,818 178,626 195,037 202,566 208,497
EBIT 1 135,931 135,134 135,759 151,239 152,154 161,909 168,822 174,508
Net income 1 122,191 113,500 110,452 131,354 131,974 132,519 137,971 143,409
Net Debt 1 -193,795 -251,019 -266,658 -371,631 -375,361 -285,940 -324,097 -379,808
Reference price 2 296.00 182.65 240.02 262.10 187.55 184.40 184.40 184.40
Nbr of stocks (in thousands) 10,932,636 10,954,798 10,436,972 10,460,231 10,476,409 9,893,340 - -
Announcement Date 4/29/22 4/27/23 4/19/24 4/16/25 4/16/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.87x3.72x13.01x2.91% 219B
23.04x4.84x11.86x0.72% 198B
15.68x1.78x9.18x3.02% 136B
-120.79x16.73x92.01x-.--% 108B
-511.15x36.29x149.08x-.--% 106B
16.07x2.9x11.18x5.01% 93.97B
22.61x5.86x14.38x2.51% 67.63B
15.19x2.22x9.42x5.13% 49.56B
24.75x2.06x13.03x1.26% 48.6B
Average -54.64x 8.49x 35.91x 2.28% 113.99B
Weighted average by Cap. -49.03x 8.31x 34.36x 2.09%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Wipro Limited

Historical PBR trend

Valuation ratios - PBR - Wipro Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Wipro Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Wipro Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Wipro Limited