Company Valuation: Wipro Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 32,36,060 20,00,894 25,05,134 27,41,626 19,64,851 17,12,346 - -
Change - -38.17% 25.2% 9.44% -28.33% -12.85% - -
Enterprise Value (EV) 1 30,42,265 17,49,875 22,38,476 23,69,995 15,89,490 14,25,191 13,84,818 13,28,491
Change - -42.48% 27.92% 5.88% -32.93% -10.34% -2.83% -4.07%
P/E 26.6x 17.7x 23.1x 20.9x 14.9x 13x 12.4x 11.9x
PBR 4.93x 2.56x 3.38x 3.33x 2.23x 2.11x 2x 1.89x
PEG - -2.45x 34.12x 1x 46.64x 2.04x 2.75x 3.04x
Capitalization / Revenue 4.09x 2.21x 2.79x 3.08x 2.12x 1.73x 1.68x 1.64x
EV / Revenue 3.85x 1.93x 2.49x 2.66x 1.72x 1.44x 1.36x 1.27x
EV / EBITDA 18.5x 10.4x 13.2x 13.1x 8.9x 7.4x 6.88x 6.45x
EV / EBIT 22.4x 12.9x 16.5x 15.7x 10.4x 8.84x 8.2x 7.66x
EV / FCF 33.6x 15.1x 13.5x 15.3x 11.9x 10.5x 9.51x 8.9x
FCF Yield 2.98% 6.62% 7.4% 6.53% 8.41% 9.52% 10.5% 11.2%
Dividend per Share 2 3 0.5 0.5 6 11 9.047 11.15 11.19
Rate of return 1.01% 0.27% 0.21% 2.29% 5.87% 5.23% 6.44% 6.46%
EPS 2 11.14 10.34 10.41 12.52 12.56 13.36 13.96 14.51
Distribution rate 26.9% 4.84% 4.8% 47.9% 87.6% 67.7% 79.8% 77.1%
Net sales 1 7,90,934 9,04,876 8,97,603 8,90,884 9,26,240 9,87,509 10,17,429 10,44,914
EBITDA 1 1,64,523 1,68,479 1,69,830 1,80,818 1,78,626 1,92,534 2,01,282 2,05,866
EBIT 1 1,35,931 1,35,134 1,35,759 1,51,239 1,52,154 1,61,255 1,68,959 1,73,520
Net income 1 1,22,191 1,13,500 1,10,452 1,31,354 1,31,974 1,35,091 1,40,680 1,46,068
Net Debt 1 -1,93,795 -2,51,019 -2,66,658 -3,71,631 -3,75,361 -2,87,154 -3,27,527 -3,83,854
Reference price 2 296.00 182.65 240.02 262.10 187.55 173.10 173.10 173.10
Nbr of stocks (in thousands) 1,09,32,636 1,09,54,798 1,04,36,972 1,04,60,231 1,04,76,409 98,92,233 - -
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.($)
23.06x3.76x13.13x2.88% 22TCr
-131.77x18.43x100.28x-.--% 12TCr
13.87x1.53x8.03x3.46% 11TCr
14.91x2.73x10.29x5.51% 8.83TCr
20.51x5.38x13.21x2.78% 6.19TCr
14.81x2.16x9.15x5.26% 4.85TCr
21.96x1.8x11.18x1.33% 4.34TCr
21.25x1.61x10.31x0.89% 4.1TCr
17.85x2.28x10.7x4.89% 3.71TCr
Average 1.83x 4.41x 20.70x 3% 8.61TCr
Weighted average by Cap. -4.11x 5.30x 24.81x 2.87%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!