Wipro
Market Cap
₹2.1t
Last Updated
2020/12/04 12:10 UTC
Data Sources
Company Financials +
Executive Summary
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. More Details
Snowflake Analysis
Flawless balance sheet with questionable track record.
Similar Companies
Share Price & News
How has Wipro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 507685 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 507685's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.9%
507685
2.6%
IN IT
3.0%
IN Market
1 Year Return
49.7%
507685
41.0%
IN IT
13.5%
IN Market
Return vs Industry: 507685 exceeded the Indian IT industry which returned 40.2% over the past year.
Return vs Market: 507685 exceeded the Indian Market which returned 11.8% over the past year.
Shareholder returns
| 507685 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 2.6% | 3.0% |
| 30 Day | 5.2% | 4.1% | 12.9% |
| 90 Day | 30.7% | 21.9% | 16.1% |
| 1 Year | 50.3%49.7% | 43.7%41.0% | 15.6%13.5% |
| 3 Year | 71.5%69.8% | 109.1%96.9% | 10.0%4.6% |
| 5 Year | 74.3%69.9% | 131.6%109.4% | 65.2%52.7% |
Long-Term Price Volatility Vs. Market
How volatile is Wipro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Wipro undervalued compared to its fair value and its price relative to the market?
21.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 507685 (₹360.75) is trading above our estimate of fair value (₹147.29)
Significantly Below Fair Value: 507685 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 507685 is poor value based on its PE Ratio (21.3x) compared to the IN IT industry average (19.5x).
PE vs Market: 507685 is poor value based on its PE Ratio (21.3x) compared to the Indian market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: 507685 is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: 507685 is overvalued based on its PB Ratio (3.4x) compared to the IN IT industry average (1.3x).
Next Steps
Future Growth
How is Wipro forecast to perform in the next 1 to 3 years based on estimates from 34 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 507685's forecast earnings growth (6.6% per year) is below the savings rate (7.2%).
Earnings vs Market: 507685's earnings (6.6% per year) are forecast to grow slower than the Indian market (24.4% per year).
High Growth Earnings: 507685's earnings are forecast to grow, but not significantly.
Revenue vs Market: 507685's revenue (6.3% per year) is forecast to grow slower than the Indian market (11.6% per year).
High Growth Revenue: 507685's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 507685's Return on Equity is forecast to be low in 3 years time (16.6%).
Next Steps
Past Performance
How has Wipro performed over the past 5 years?
2.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 507685 has high quality earnings.
Growing Profit Margin: 507685's current net profit margins (15.7%) are lower than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: 507685's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: 507685's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 507685 had negative earnings growth (-3%) over the past year, making it difficult to compare to the IT industry average (-3.6%).
Return on Equity
High ROE: 507685's Return on Equity (15.8%) is considered low.
Next Steps
Financial Health
How is Wipro's financial position?
Financial Position Analysis
Short Term Liabilities: 507685's short term assets (₹579.2B) exceed its short term liabilities (₹225.7B).
Long Term Liabilities: 507685's short term assets (₹579.2B) exceed its long term liabilities (₹35.8B).
Debt to Equity History and Analysis
Debt Level: 507685's debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 507685's debt to equity ratio has reduced from 21.2% to 12.1% over the past 5 years.
Debt Coverage: 507685's debt is well covered by operating cash flow (175.2%).
Interest Coverage: 507685 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Wipro current dividend yield, its reliability and sustainability?
0.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 507685's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.51%).
High Dividend: 507685's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (2.04%).
Stability and Growth of Payments
Stable Dividend: 507685's dividend payments have been volatile in the past 10 years.
Growing Dividend: 507685's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as 507685 has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: 507685's dividends in 3 years are forecast to be well covered by earnings (18.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Wipro has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.42yrs | ₹51.53m | 0.031% ₹ 626.0m | |
| President & COO | 4.83yrs | ₹52.08m | 0.0053% ₹ 109.7m | |
| President & Chief Human Resources Officer | 4.67yrs | ₹44.36m | 0.0025% ₹ 51.1m | |
| President & CFO | 0.92yr | ₹44.48m | 0.0011% ₹ 23.0m | |
| Chief Technology Officer | no data | ₹27.78m | 0.00054% ₹ 11.1m | |
| General Counsel & Global Head of Legal | 2.83yrs | ₹29.22m | 0.00054% ₹ 11.1m | |
| President of Business Development & Strategic Sales | no data | ₹61.33m | 0.0034% ₹ 70.3m | |
| Senior Vice President of Human Resources | no data | ₹22.45m | 0.00068% ₹ 13.9m | |
| Senior Vice President | no data | ₹20.19m | 0% ₹ 0 | |
| Senior Vice President | no data | ₹22.93m | 0.0034% ₹ 69.1m | |
| Senior Vice President of Cloud Services | no data | ₹27.88m | 0.0026% ₹ 53.9m | |
| Senior VP and Global Head of Cyber Security & Risk Services | no data | ₹20.27m | 0.0026% ₹ 52.7m |
2.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 507685's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.42yrs | ₹51.53m | 0.031% ₹ 626.0m | |
| MD, CEO & Director | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | no data | no data | |
| Non-Executive Non-Independent Founder Chairman | 1.42yrs | ₹17.62m | 4.22% ₹ 86.5b | |
| Independent Non-Executive Director | 14.42yrs | ₹400.00k | no data | |
| Independent Non-Executive Director | 4.67yrs | ₹400.00k | no data | |
| Lead Independent Non-Executive Director | 1.33yrs | ₹500.00k | no data | |
| Independent Non-Executive Director | 4.67yrs | ₹400.00k | no data | |
| Independent Non-Executive Director | 7.17yrs | ₹500.00k | no data |
1.4yrs
Average Tenure
57yo
Average Age
Experienced Board: 507685's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 507685 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Wipro Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wipro Limited
- Ticker: 507685
- Exchange: BSE
- Founded: 1945
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹2.050t
- Shares outstanding: 5.69b
- Website: https://www.wipro.com
Number of Employees
Location
- Wipro Limited
- Doddakannelli
- Sarjapur Road
- Bengaluru
- Karnataka
- 560035
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 507685 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 1991 |
| WIPRO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 1991 |
| WIT | NYSE (New York Stock Exchange) | SPON ADR EACH REP 1 ORD SHS INR2 | US | USD | Oct 2000 | |
| WIOA | DB (Deutsche Boerse AG) | SPON ADR EACH REP 1 ORD SHS INR2 | DE | EUR | Oct 2000 | |
| WIT N | BMV (Bolsa Mexicana de Valores) | SPON ADR EACH REP 1 ORD SHS INR2 | MX | MXN | Oct 2000 | |
| WIOA | WBAG (Wiener Boerse AG) | SPON ADR EACH REP 1 ORD SHS INR2 | AT | EUR | Oct 2000 |
Biography
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in three segments: IT Services, IT Products, and India State Run Ent...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/04 12:10 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.