Wipro Ltd. is a global information technology (IT), services Provider. The Company develops and integrates solutions that enable its clients to leverage IT in achieving their business objectives at competitive costs. The company was founded in 1945 and is based in Bengaluru, India.
WIT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Wipro Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Wipro Ltd ranked in the 90th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2372.33% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for WIT, they are:
In the past 5.02 years, Wipro Ltd has a compound free cash flow growth rate of 0.03%; that's better than merely 21.79% of cash flow producing equities in the Technology sector, where it is classified.
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately merely 13.89% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
WIT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 44.82% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
IMBI, SCSC, WSTG, LOV, and TME can be thought of as valuation peers to WIT, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
SAN MATEO, Calif.--(BUSINESS WIRE)--Incorta, the Direct Data Platform, today announced a webinar with TDWI and Wipro that will show enterprises how to go beyond their traditional BI and data analytics stack and transform into an intelligent enterprise. Registration and session information can be found here. An intelligent enterprise goes beyond lip service, ensuring data-driven innovation and adaptability are core to its DNA and empowering its people to leverage detailed data, even in unexpecte
BENGALURU: Wipro chairman Rishad Premji said the IT services industry has struggled as customers across the world have cut their budgets for technology during the first quarter due to the pandemic-induced slowdown. He said the “good news” for the company and the industry as a whole is that customers are looking to spend money in digital transformation. During the lockdown in India and other countries, companies such as Wipro, Infosys, TCS, HCL Tech and others saw organisations across markets either delayed their ongoing technology projects or cancelled many proposed deals. “The reality is we all work with many large enterprises across the world as an industry and those customers are struggling; they are going through challenges in terms of their own demand. We are not living in a vacuum...