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 1,938,619 - -
Change - -38.17% 25.2% 9.44% -28.33% -1.34% - -
Enterprise Value (EV) 1 3,042,265 1,749,875 2,238,476 2,369,995 1,589,490 1,652,679 1,614,522 1,558,811
Change - -42.48% 27.92% 5.88% -32.93% 3.98% -2.31% -3.45%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 14.8x 14.2x 13.6x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.38x 2.29x 2.15x
PEG - -2.45x 34.12x 1x 46.64x 2.7x 3.17x 3.52x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.95x 1.89x 1.84x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.66x 1.58x 1.48x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 8.47x 7.97x 7.48x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 10.2x 9.56x 8.93x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 12.5x 11.2x 10.5x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 8% 8.96% 9.49%
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% 4.74% 5.51% 5.54%
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 1 790,934 904,876 897,603 890,884 926,240 992,782 1,023,192 1,052,949
EBITDA 1 164,523 168,479 169,830 180,818 178,626 195,028 202,573 208,504
EBIT 1 135,931 135,134 135,759 151,239 152,154 161,883 168,797 174,475
Net income 1 122,191 113,500 110,452 131,354 131,974 132,388 137,880 143,472
Net Debt 1 -193,795 -251,019 -266,658 -371,631 -375,361 -285,940 -324,097 -379,808
Reference price 2 296.00 182.65 240.02 262.10 187.55 195.95 195.95 195.95
Nbr of stocks (in thousands) 10,932,636 10,954,798 10,436,972 10,460,231 10,476,409 9,893,437 - -
Announcement Date 29/04/22 27/04/23 19/04/24 16/04/25 16/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.62x4.01x13.97x2.73% 235B
20.86x4.43x10.87x0.79% 179B
17.3x1.97x10.13x2.7% 150B
-557.54x37.83x155.62x-.--% 113B
-119.67x16.42x90.35x-.--% 106B
16.12x2.9x11.21x4.99% 95.36B
23.09x6.01x14.76x2.42% 69.33B
15.16x2.2x9.36x5.08% 49.88B
18.86x2.48x11.51x4.51% 40.26B
Average -60.13x 8.69x 36.42x 2.58% 115B
Weighted average by Cap. -56.74x 8.62x 35.58x 2.18%

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