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 1,762,301 - -
Change - -38.17% 25.2% 9.44% -28.33% -10.31% - -
Enterprise Value (EV) 1 3,042,265 1,749,875 2,238,476 2,369,995 1,589,490 1,476,857 1,437,906 1,384,047
Change - -42.48% 27.92% 5.88% -32.93% -7.09% -2.64% -3.75%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 13.3x 12.8x 12.3x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.17x 2.09x 1.95x
PEG - -2.45x 34.12x 1x 46.64x 2.1x 2.82x 3.1x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.78x 1.73x 1.69x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.5x 1.41x 1.32x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 7.67x 7.14x 6.72x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 9.16x 8.51x 7.97x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 10.7x 9.84x 9.21x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 9.3% 10.2% 10.9%
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% 5.08% 6.26% 6.29%
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% 77.1%
Net sales 1 790,934 904,876 897,603 890,884 926,240 987,765 1,017,243 1,044,765
EBITDA 1 164,523 168,479 169,830 180,818 178,626 192,445 201,260 205,912
EBIT 1 135,931 135,134 135,759 151,239 152,154 161,164 168,939 173,564
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 2 296.00 182.65 240.02 262.10 187.55 178.15 178.15 178.15
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.09x3.73x13.03x2.9% 219B
-114.18x18.14x104.54x-.--% 113B
12.82x1.41x7.43x3.73% 106B
14.77x2.7x10.18x5.57% 86.1B
19.89x5.24x12.87x2.86% 60.07B
14.6x2.12x9.01x5.33% 47.13B
20.29x1.66x10.25x1.44% 39.14B
20.58x1.57x9.93x0.92% 38.64B
17.68x2.29x10.64x4.89% 36.66B
Average 3.28x 4.32x 20.87x 3.07% 82.84B
Weighted average by Cap. -1.43x 5.19x 25.05x 2.96%

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