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 1,849,848 - -
Change - -38.17% 25.2% 9.44% -28.33% -5.85% - -
Enterprise Value (EV) 1 3,042,265 1,749,875 2,238,476 2,369,995 1,589,490 1,564,403 1,525,453 1,471,593
Change - -42.48% 27.92% 5.88% -32.93% -1.58% -2.49% -3.53%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 14x 13.4x 12.9x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.28x 2.19x 2.05x
PEG - -2.45x 34.12x 1x 46.64x 2.21x 2.95x 3.27x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.87x 1.82x 1.77x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.58x 1.5x 1.41x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 8.13x 7.58x 7.15x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 9.71x 9.03x 8.48x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 11.4x 10.4x 9.79x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 8.78% 9.58% 10.2%
Dividend per Share 2 3 0.5 0.5 6 11 9.045 11.15 11.2
Rate of return 1.01% 0.27% 0.21% 2.29% 5.87% 4.84% 5.96% 5.99%
EPS 2 11.14 10.34 10.41 12.52 12.56 13.35 13.96 14.51
Distribution rate 26.9% 4.84% 4.8% 47.9% 87.6% 67.7% 79.9% 77.2%
Net sales 1 790,934 904,876 897,603 890,884 926,240 987,739 1,017,223 1,044,731
EBITDA 1 164,523 168,479 169,830 180,818 178,626 192,439 201,256 205,905
EBIT 1 135,931 135,134 135,759 151,239 152,154 161,161 168,936 173,559
Net income 1 122,191 113,500 110,452 131,354 131,974 135,006 140,659 146,104
Net Debt 1 -193,795 -251,019 -266,658 -371,631 -375,361 -285,444 -324,395 -378,255
Reference price 2 296.00 182.65 240.02 262.10 187.55 187.00 187.00 187.00
Nbr of stocks (in thousands) 10,932,636 10,954,798 10,436,972 10,460,231 10,476,409 9,892,233 - -
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.($)
22.46x3.65x12.73x2.99% 213B
-107.81x17.13x98.92x-.--% 107B
12.27x1.36x7.11x3.92% 101B
16.03x2.94x11.09x5.13% 93.9B
20.79x5.42x13.31x2.76% 62.12B
15.45x2.26x9.59x5.05% 50.13B
19.75x1.61x9.85x1.48% 38.73B
21.12x1.56x9.86x0.9% 40.04B
18.76x2.41x11.56x4.64% 39.09B
Average 4.31x 4.26x 20.45x 2.98% 82.81B
Weighted average by Cap. 0.61x 4.95x 23.56x 2.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield