Wipro Limited Adr Stock Beneish M Score

WIT Stock  USD 3.38  0.03  0.88%   
This module uses fundamental data of Wipro Limited to approximate the value of its Beneish M Score. Wipro Limited M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Wipro Limited Piotroski F Score and Wipro Limited Altman Z Score analysis.
  
At this time, Wipro Limited's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 81.7 B in 2025, whereas Debt To Equity is likely to drop 0.14 in 2025. At this time, Wipro Limited's Cash Per Share is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 30.48 in 2025, whereas PTB Ratio is likely to drop 3.75 in 2025.
At this time, Wipro Limited's M Score is unavailable. The earnings manipulation may begin if Wipro Limited's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Wipro Limited executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Wipro Limited's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.58
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

1.0

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

1.03

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.0

Focus

Wipro Limited Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Wipro Limited's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables240.3 B228.8 B
Sufficiently Up
Slightly volatile
Total Revenue1.1 TT
Sufficiently Up
Slightly volatile
Total Assets1.4 T1.3 T
Sufficiently Up
Slightly volatile
Total Current Assets785.7 B748.3 B
Sufficiently Up
Slightly volatile
Non Current Assets Total605.9 B577.1 B
Sufficiently Up
Slightly volatile
Property Plant Equipment129.6 B123.5 B
Sufficiently Up
Slightly volatile
Depreciation And Amortization41.1 B39.2 B
Sufficiently Up
Slightly volatile
Selling General Administrative136.9 B130.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities304.8 B290.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total179.6 B171.1 B
Sufficiently Up
Slightly volatile
Short Term Debt53.3 B101.6 B
Way Down
Slightly volatile
Long Term Debt75.2 B71.6 B
Sufficiently Up
Slightly volatile
Operating Income164.3 B156.5 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities212.8 B202.6 B
Sufficiently Up
Slightly volatile
Short Term Investments378.6 B360.6 B
Sufficiently Up
Slightly volatile
Gross Profit Margin0.350.34
Fairly Up
Very volatile

Wipro Limited ADR Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Wipro Limited's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Wipro Limited in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Wipro Limited's degree of accounting gimmicks and manipulations.

About Wipro Limited Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Other Operating Expenses

919.52 Billion

At this time, Wipro Limited's Other Operating Expenses is comparatively stable compared to the past year.

Wipro Limited Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Wipro Limited. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
202020212022202320242025 (projected)
Net Receivables141.4B201.7B215.5B199.0B228.8B240.3B
Total Revenue619.4B790.9B904.9B897.6B1.0T1.1T
Total Assets831.4B1.1T1.2T1.2T1.3T1.4T
Total Current Assets523.2B620.8B661.1B650.7B748.3B785.7B
Net Debt(65.3B)72.1B82.8B67.7B77.9B81.7B
Short Term Debt83.5B104.3B97.4B88.4B101.6B53.3B
Long Term Debt7.5B56.5B61.3B62.3B71.6B75.2B
Operating Income123.1B140.3B139.6B136.1B156.5B164.3B
Investments16.8B(60.1B)(84.1B)11.7B10.5B11.0B

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

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.

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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.