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 1,879,735 - -
Change - -38.17% 25.2% 9.44% -28.33% -4.33% - -
Enterprise Value (EV) 1 3,042,265 1,749,875 2,238,476 2,369,995 1,589,490 1,593,795 1,555,638 1,499,927
Change - -42.48% 27.92% 5.88% -32.93% 0.27% -2.39% -3.58%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 14.3x 13.7x 13.2x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.31x 2.22x 2.09x
PEG - -2.45x 34.12x 1x 46.64x 2.6x 3.06x 3.41x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.89x 1.84x 1.79x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.61x 1.52x 1.42x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 8.17x 7.68x 7.19x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 9.85x 9.22x 8.6x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 12.1x 10.8x 10.1x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 8.29% 9.29% 9.87%
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% 4.89% 5.69% 5.72%
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 1 790,934 904,876 897,603 890,884 926,240 992,788 1,023,139 1,052,886
EBITDA 1 164,523 168,479 169,830 180,818 178,626 195,030 202,561 208,490
EBIT 1 135,931 135,134 135,759 151,239 152,154 161,882 168,783 174,449
Net income 1 122,191 113,500 110,452 131,354 131,974 132,397 137,880 143,473
Net Debt 1 -193,795 -251,019 -266,658 -371,631 -375,361 -285,940 -324,097 -379,808
Reference price 2 296.00 182.65 240.02 262.10 187.55 190.00 190.00 190.00
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.($)
25.22x4.05x14.08x2.68% 238B
23.95x5.01x12.28x0.69% 206B
17.66x2.01x10.33x2.68% 153B
-123.59x17.14x94.25x-.--% 111B
-523.76x37.2x152.79x-.--% 108B
16.35x2.95x11.37x4.92% 95.75B
23.33x6.05x14.86x2.4% 70.41B
15.09x2.2x9.35x5.16% 49.32B
25.59x2.13x13.49x1.22% 50.46B
Average -55.57x 8.75x 36.98x 2.2% 120.12B
Weighted average by Cap. -47.58x 8.46x 34.85x 1.98%

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