Wipro Limited Adr Stock Z Score

WIT Stock

USD 7.07 0.09 1.29%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Wipro Limited Piotroski F Score and Wipro Limited Valuation analysis.

At this time, Wipro Limited's Change In Working Capital is comparatively stable compared to the past year. Capital Expenditures is likely to gain to about 13 B in 2024, whereas Net Invested Capital is likely to drop slightly above 816.1 B in 2024. At this time, Wipro Limited's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 137.1 B in 2024, whereas Income Before Tax is likely to drop slightly above 77.1 B in 2024.

Wipro Limited ADR Company Z Score Analysis

Wipro Limited's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Wipro Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Wipro Limited is extremely important. It helps to project a fair market value of Wipro Stock properly, considering its historical fundamentals such as Z Score. Since Wipro Limited's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wipro Limited's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wipro Limited's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.9	0.5	0.98	0.02	0.83	0.78	0.99	0.98	0.66	0.89	0.71	0.9	-0.56	0.91	0.44	-0.03	0.78	0.45	0.87	0.24	0.32	0.76	0.71	-0.72
Total Stockholder Equity	1.0		0.89	0.45	0.99	0.04	0.81	0.78	0.97	0.98	0.65	0.87	0.72	0.89	-0.57	0.9	0.45	-0.01	0.77	0.44	0.85	0.22	0.36	0.75	0.73	-0.71
Current Deferred Revenue	0.9	0.89		0.29	0.91	0.23	0.66	0.77	0.89	0.93	0.71	0.81	0.77	0.81	-0.61	0.79	0.3	-0.07	0.6	0.36	0.67	0.24	0.48	0.52	0.47	-0.51
Net Debt	0.5	0.45	0.29		0.43	-0.25	0.74	0.3	0.57	0.42	0.47	0.74	0.07	0.52	0.01	0.71	0.3	-0.35	0.54	0.57	0.7	0.26	-0.39	0.56	0.39	-0.38
Retained Earnings	0.98	0.99	0.91	0.43		0.16	0.77	0.8	0.95	0.99	0.69	0.86	0.74	0.88	-0.61	0.91	0.43	-0.06	0.72	0.44	0.8	0.23	0.38	0.69	0.69	-0.64
Accounts Payable	0.02	0.04	0.23	-0.25	0.16		-0.26	0.28	-0.04	0.2	0.34	-0.06	0.19	-0.11	-0.56	0.06	-0.19	-0.33	-0.41	-0.12	-0.32	0.12	0.27	-0.48	-0.25	0.43
Long Term Debt	0.83	0.81	0.66	0.74	0.77	-0.26		0.52	0.87	0.74	0.4	0.88	0.5	0.78	-0.17	0.83	0.49	0.0	0.82	0.51	0.98	0.15	0.05	0.88	0.8	-0.72
Net Receivables	0.78	0.78	0.77	0.3	0.8	0.28	0.52		0.77	0.83	0.83	0.71	0.76	0.59	-0.75	0.66	0.26	-0.11	0.62	0.28	0.51	0.32	0.12	0.52	0.43	-0.18
Total Liab	0.99	0.97	0.89	0.57	0.95	-0.04	0.87	0.77		0.95	0.68	0.92	0.68	0.9	-0.53	0.91	0.42	-0.05	0.79	0.47	0.9	0.25	0.24	0.78	0.67	-0.72
Total Current Assets	0.98	0.98	0.93	0.42	0.99	0.2	0.74	0.83	0.95		0.75	0.85	0.72	0.85	-0.67	0.9	0.35	-0.14	0.67	0.39	0.77	0.27	0.35	0.63	0.62	-0.6
Short Term Debt	0.66	0.65	0.71	0.47	0.69	0.34	0.4	0.83	0.68	0.75		0.7	0.55	0.59	-0.62	0.72	0.14	-0.45	0.43	0.36	0.39	0.42	0.05	0.26	0.16	-0.08
Intangible Assets	0.89	0.87	0.81	0.74	0.86	-0.06	0.88	0.71	0.92	0.85	0.7		0.59	0.87	-0.31	0.92	0.39	-0.16	0.8	0.52	0.88	0.34	0.12	0.77	0.63	-0.58
Common Stock	0.71	0.72	0.77	0.07	0.74	0.19	0.5	0.76	0.68	0.72	0.55	0.59		0.7	-0.52	0.59	0.61	0.31	0.7	0.44	0.51	-0.01	0.62	0.46	0.47	-0.29
Property Plant Equipment	0.9	0.89	0.81	0.52	0.88	-0.11	0.78	0.59	0.9	0.85	0.59	0.87	0.7		-0.28	0.91	0.56	0.08	0.79	0.54	0.85	0.27	0.48	0.69	0.64	-0.75
Good Will	-0.56	-0.57	-0.61	0.01	-0.61	-0.56	-0.17	-0.75	-0.53	-0.67	-0.62	-0.31	-0.52	-0.28		-0.39	-0.03	0.18	-0.15	-0.08	-0.17	-0.13	-0.16	-0.1	-0.1	0.09
Short Term Investments	0.91	0.9	0.79	0.71	0.91	0.06	0.83	0.66	0.91	0.9	0.72	0.92	0.59	0.91	-0.39		0.5	-0.18	0.72	0.61	0.85	0.29	0.24	0.67	0.66	-0.61
Net Tangible Assets	0.44	0.45	0.3	0.3	0.43	-0.19	0.49	0.26	0.42	0.35	0.14	0.39	0.61	0.56	-0.03	0.5		0.58	0.71	0.86	0.51	-0.42	0.44	0.48	0.53	-0.38
Deferred Long Term Liab	-0.03	-0.01	-0.07	-0.35	-0.06	-0.33	0.0	-0.11	-0.05	-0.14	-0.45	-0.16	0.31	0.08	0.18	-0.18	0.58		0.31	0.18	0.06	-0.36	0.48	0.25	0.29	-0.22
Long Term Investments	0.78	0.77	0.6	0.54	0.72	-0.41	0.82	0.62	0.79	0.67	0.43	0.8	0.7	0.79	-0.15	0.72	0.71	0.31		0.62	0.84	0.0	0.2	0.9	0.76	-0.61
Short Long Term Debt	0.45	0.44	0.36	0.57	0.44	-0.12	0.51	0.28	0.47	0.39	0.36	0.52	0.44	0.54	-0.08	0.61	0.86	0.18	0.62		0.49	-0.4	0.2	0.37	0.3	-0.3
Long Term Debt Total	0.87	0.85	0.67	0.7	0.8	-0.32	0.98	0.51	0.9	0.77	0.39	0.88	0.51	0.85	-0.17	0.85	0.51	0.06	0.84	0.49		0.17	0.12	0.9	0.81	-0.81
Capital Surpluse	0.24	0.22	0.24	0.26	0.23	0.12	0.15	0.32	0.25	0.27	0.42	0.34	-0.01	0.27	-0.13	0.29	-0.42	-0.36	0.0	-0.4	0.17		-0.14	0.14	0.11	-0.05
Cash And Equivalents	0.32	0.36	0.48	-0.39	0.38	0.27	0.05	0.12	0.24	0.35	0.05	0.12	0.62	0.48	-0.16	0.24	0.44	0.48	0.2	0.2	0.12	-0.14		0.02	0.22	-0.31
Net Invested Capital	0.76	0.75	0.52	0.56	0.69	-0.48	0.88	0.52	0.78	0.63	0.26	0.77	0.46	0.69	-0.1	0.67	0.48	0.25	0.9	0.37	0.9	0.14	0.02		0.89	-0.72
Net Working Capital	0.71	0.73	0.47	0.39	0.69	-0.25	0.8	0.43	0.67	0.62	0.16	0.63	0.47	0.64	-0.1	0.66	0.53	0.29	0.76	0.3	0.81	0.11	0.22	0.89		-0.65
Capital Stock	-0.72	-0.71	-0.51	-0.38	-0.64	0.43	-0.72	-0.18	-0.72	-0.6	-0.08	-0.58	-0.29	-0.75	0.09	-0.61	-0.38	-0.22	-0.61	-0.3	-0.81	-0.05	-0.31	-0.72	-0.65

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Wipro Limited

As per the company's disclosures, Wipro Limited ADR has a Z Score of 0.0. This is 100.0% lower than that of the IT Services sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

Wipro Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wipro Limited's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wipro Limited could also be used in its relative valuation, which is a method of valuing Wipro Limited by comparing valuation metrics of similar companies.

Wipro Limited is currently under evaluation in z score category among its peers.

Wipro Limited Current Valuation Drivers

We derive many important indicators used in calculating different scores of Wipro Limited from analyzing Wipro Limited's financial statements. These drivers represent accounts that assess Wipro Limited's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wipro Limited's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.4T	1.6T	1.1T	2.0T	1.8T	1.9T
Enterprise Value	1.5T	1.5T	1.1T	2.1T	1.9T	2.0T

Wipro Limited ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Wipro Limited's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wipro Limited's managers, analysts, and investors.

Environmental

Governance

Social

Wipro Limited Institutional Holders

Institutional Holdings refers to the ownership stake in Wipro Limited that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wipro Limited's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wipro Limited's value.

		Shares
Nordea Investment Mgmt Bank Demark A/s	2024-09-30	2 M
Rhumbline Advisers	2024-06-30	1.8 M
Jane Street Group Llc	2024-06-30	1.7 M
Wellington Management Company Llp	2024-06-30	1.6 M
Robeco Institutional Asset Management Bv	2024-09-30	1.4 M
Allianz Asset Management Ag	2024-06-30	1.3 M
Marshall Wace Asset Management Ltd	2024-06-30	1.3 M
Ovata Capital Management Ltd	2024-09-30	1.3 M
First Trust Advisors L.p.	2024-06-30	1.2 M
Morgan Stanley - Brokerage Accounts	2024-06-30	31.4 M
Blackrock Inc	2024-06-30	27.1 M

Wipro Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0765
	Profit Margin	0.13 %
	Operating Margin	0.17 %
	Current Valuation	31.57 B
	Shares Outstanding	5.23 B
	Shares Owned By Institutions	2.93 %
	Number Of Shares Shorted	30.08 M
	Price To Earning	18.64 X
	Price To Book	3.77 X
	Price To Sales	0.04 X
	Revenue	897.6 B
	Gross Profit	259.43 B
	EBITDA	192.37 B
	Net Income	110.45 B
	Cash And Equivalents	31.46 B
	Cash Per Share	63.34 X
	Total Debt	164.65 B
	Debt To Equity	0.27 %
	Current Ratio	2.02 X
	Book Value Per Share	156.61 X
	Cash Flow From Operations	176.22 B
	Short Ratio	13.81 X
	Earnings Per Share	0.27 X
	Price To Earnings To Growth	2.19 X
	Target Price	5.76
	Number Of Employees	234 K
	Beta	0.71
	Market Capitalization	36.48 B
	Total Asset	1.15 T
	Retained Earnings	630.94 B
	Working Capital	398.2 B
	Current Asset	505.59 B
	Current Liabilities	218.56 B
	Annual Yield	0 %
	Five Year Return	0.39 %
	Net Asset	1.15 T

About Wipro Limited Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wipro Limited ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wipro Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wipro Limited ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Wipro Stock Analysis

When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Wipro Limited Adr Stock Z Score

Wipro Limited ADR Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Wipro Z Score Driver Correlations

Wipro Z Score Peer Comparison

Wipro Limited Current Valuation Drivers

Wipro Limited ESG Sustainability

Wipro Limited Institutional Holders

Wipro Fundamentals

About Wipro Limited Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Wipro Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY