(WIT) Wipro - Ratings and Ratios
IT Services, IT Products
WIT EPS (Earnings per Share)
WIT Revenue
Description: WIT Wipro
Wipro Limited (NYSE: WIT) is a Bengaluru-based global provider of information technology, consulting, and business process services, organized into two primary segments: IT Services and IT Products. The IT Services arm delivers AI-enhanced offerings such as digital strategy, custom application development, cloud and infrastructure, analytics, and systems integration across a broad set of industries-including communications, healthcare, financial services, and manufacturing. The IT Products segment resells third-party enterprise platforms, networking, security, and end-user computing solutions, with a customer base that is heavily weighted toward Indian government, defense, telecom, and utility entities.
In FY 2023, Wipro reported consolidated revenue of roughly $12.5 billion, representing a modest 4 % year-over-year increase driven largely by higher demand for cloud migration and AI-driven automation services. The company’s operating margin hovered near 14 %, consistent with the broader Indian IT services sector, which benefits from a favorable labor cost differential and a steady pipeline of U.S. and European digital transformation spend. However, earnings are sensitive to exchange-rate fluctuations (the rupee-dollar relationship) and to the pace of macro-economic recovery in key client regions.
Key sector drivers that could materially affect Wipro’s outlook include (1) the accelerating adoption of generative AI across enterprise workloads, which is expected to lift average contract values by 6-8 % annually; (2) the ongoing talent shortage in high-skill software engineering, prompting firms to increase offshore hiring and upskill initiatives; and (3) the Indian government’s “Digital India” program, projected to add $3 billion in IT services spend over the next three years. Monitoring these variables alongside Wipro’s quarterly booking trends will be essential for gauging future growth momentum.
For a deeper quantitative assessment of WIT’s valuation metrics and peer comparison, you may find the ValueRay platform useful.
WIT Stock Overview
| Market Cap in USD | 28,665m |
| Sub-Industry | IT Consulting & Other Services |
| IPO / Inception | 2000-10-19 |
WIT Stock Ratings
| Growth Rating | -23.0% |
| Fundamental | 57.7% |
| Dividend Rating | 36.8% |
| Return 12m vs S&P 500 | -28.2% |
| Analyst Rating | 2.25 of 5 |
WIT Dividends
| Dividend Yield 12m | 4.77% |
| Yield on Cost 5y | 5.34% |
| Annual Growth 5y | -5.85% |
| Payout Consistency | 68.3% |
| Payout Ratio | 64.6% |
WIT Growth Ratios
| Growth Correlation 3m | -36.1% |
| Growth Correlation 12m | -82.6% |
| Growth Correlation 5y | -17% |
| CAGR 5y | 5.91% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.21 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.57 |
| Sharpe Ratio 12m | -0.16 |
| Alpha | -24.49 |
| Beta | 0.583 |
| Volatility | 24.33% |
| Current Volume | 8281.6k |
| Average Volume 20d | 9195.1k |
| Stop Loss | 2.6 (-3.3%) |
| Signal | -0.03 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (134.69b TTM) > 0 and > 6% of Revenue (6% = 53.56b TTM) |
| FCFTA 0.12 (>2.0%) and ΔFCFTA -2.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 51.93% (prev 48.97%; Δ 2.96pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 170.59b > Net Income 134.69b (YES >=105%, WARN >=100%) |
| Net Debt (32.97b) to EBITDA (183.55b) ratio: 0.18 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.40 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (10.49b) change vs 12m ago 0.18% (target <= -2.0% for YES) |
| Gross Margin 30.34% (prev 29.85%; Δ 0.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 71.45% (prev 74.65%; Δ -3.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 9.84 (EBITDA TTM 183.55b / Interest Expense TTM 13.08b) >= 6 (WARN >= 3) |
Altman Z'' 6.96
| (A) 0.35 = (Total Current Assets 795.40b - Total Current Liabilities 331.90b) / Total Assets 1307.67b |
| (B) 0.57 = Retained Earnings (Balance) 750.67b / Total Assets 1307.67b |
| (C) 0.10 = EBIT TTM 128.65b / Avg Total Assets 1249.24b |
| (D) 1.98 = Book Value of Equity 864.08b / Total Liabilities 437.08b |
| Total Rating: 6.96 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 57.72
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 5.91% = 2.96 |
| 3. FCF Margin 17.41% = 4.35 |
| 4. Debt/Equity 0.18 = 2.48 |
| 5. Debt/Ebitda 0.18 = 2.48 |
| 6. ROIC - WACC (= 2.32)% = 2.90 |
| 7. RoE 15.99% = 1.33 |
| 8. Rev. Trend -66.92% = -5.02 |
| 9. EPS Trend -85.26% = -4.26 |
What is the price of WIT shares?
Over the past week, the price has changed by -1.47%, over one month by -3.58%, over three months by -7.80% and over the past year by -16.44%.
Is Wipro a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of WIT is around 2.41 USD . This means that WIT is currently overvalued and has a potential downside of -10.41%.
Is WIT a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 3
- Sell: 4
- Strong Sell: 1
What are the forecasts/targets for the WIT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 2.5 | -5.6% |
| Analysts Target Price | 2.5 | -5.6% |
| ValueRay Target Price | 2.7 | -0.7% |
Last update: 2025-10-19 02:01
WIT Fundamental Data Overview
P/E Trailing = 17.6
P/E Forward = 17.3913
P/S = 0.032
P/B = 2.8052
P/EG = 3.4793
Beta = 0.583
Revenue TTM = 892.59b INR
EBIT TTM = 128.65b INR
EBITDA TTM = 183.55b INR
Long Term Debt = 23.98b INR (from longTermDebtTotal, last quarter)
Short Term Debt = 134.76b INR (from shortTermDebt, last quarter)
Debt = 158.74b INR (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.97b INR (from netDebt column, last quarter)
Enterprise Value = 2628.59b INR (2522.59b + Debt 158.74b - CCE 52.74b)
Interest Coverage Ratio = 9.84 (Ebit TTM 128.65b / Interest Expense TTM 13.08b)
FCF Yield = 5.91% (FCF TTM 155.43b / Enterprise Value 2628.59b)
FCF Margin = 17.41% (FCF TTM 155.43b / Revenue TTM 892.59b)
Net Margin = 15.09% (Net Income TTM 134.69b / Revenue TTM 892.59b)
Gross Margin = 30.34% ((Revenue TTM 892.59b - Cost of Revenue TTM 621.74b) / Revenue TTM)
Gross Margin QoQ = 28.96% (prev 30.89%)
Tobins Q-Ratio = 2.01 (Enterprise Value 2628.59b / Total Assets 1307.67b)
Interest Expense / Debt = 2.27% (Interest Expense 3.61b / Debt 158.74b)
Taxrate = 21.65% (9.22b / 42.58b)
NOPAT = 100.80b (EBIT 128.65b * (1 - 21.65%))
Current Ratio = 2.40 (Total Current Assets 795.40b / Total Current Liabilities 331.90b)
Debt / Equity = 0.18 (Debt 158.74b / totalStockholderEquity, last quarter 868.90b)
Debt / EBITDA = 0.18 (Net Debt 32.97b / EBITDA 183.55b)
Debt / FCF = 0.21 (Net Debt 32.97b / FCF TTM 155.43b)
Total Stockholder Equity = 842.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.30% (Net Income 134.69b / Total Assets 1307.67b)
RoE = 15.99% (Net Income TTM 134.69b / Total Stockholder Equity 842.35b)
RoCE = 14.85% (EBIT 128.65b / Capital Employed (Equity 842.35b + L.T.Debt 23.98b))
RoIC = 10.10% (NOPAT 100.80b / Invested Capital 997.62b)
WACC = 7.78% (E(2522.59b)/V(2681.33b) * Re(8.16%) + D(158.74b)/V(2681.33b) * Rd(2.27%) * (1-Tc(0.22)))
Discount Rate = 8.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.14%
[DCF Debug] Terminal Value 80.47% ; FCFE base≈162.52b ; Y1≈192.08b ; Y5≈296.91b
Fair Price DCF = 475.1 (DCF Value 4975.52b / Shares Outstanding 10.47b; 5y FCF grow 19.39% → 3.0% )
EPS Correlation: -85.26 | EPS CAGR: -22.20% | SUE: -0.65 | # QB: 0
Revenue Correlation: -66.92 | Revenue CAGR: -0.66% | SUE: 0.01 | # QB: 0
Additional Sources for WIT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle