Wipro Limited Adr Stock Piotroski F Score

WIT Stock  USD 6.99  0.04  0.57%   
This module uses fundamental data of Wipro Limited to approximate its Piotroski F score. Wipro Limited F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Wipro Limited ADR. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Wipro Limited financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Wipro Limited Altman Z Score, Wipro Limited Correlation, Wipro Limited Valuation, as well as analyze Wipro Limited Alpha and Beta and Wipro Limited Hype 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 71.1 B in 2024, whereas Debt To Equity is likely to drop 0.14 in 2024. At this time, Wipro Limited's Cash Per Share is comparatively stable compared to the past year. ROE is likely to gain to 0.25 in 2024, whereas PTB Ratio is likely to drop 3.25 in 2024.
At this time, it appears that Wipro Limited's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Wipro Limited Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Wipro Limited is to make sure Wipro is not a subject of accounting manipulations and runs a healthy internal audit department. So, 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. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Wipro Limited's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.180.0958
Way Up
Slightly volatile
Asset Turnover0.980.7789
Significantly Up
Slightly volatile
Gross Profit Margin0.350.2965
Fairly Up
Pretty Stable
Total Current Liabilities141.9 B252.5 B
Way Down
Slightly volatile
Non Current Liabilities Total156.2 B148.8 B
Sufficiently Up
Slightly volatile
Total Assets1.2 T1.2 T
Sufficiently Up
Slightly volatile
Total Current Assets683.2 B650.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities185 B176.2 B
Sufficiently Up
Slightly volatile

Wipro Limited ADR F 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 project the various growth rates. 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.

About Wipro Limited Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

4.79 Billion

At this time, Wipro Limited's Common Stock Shares Outstanding is comparatively stable compared to the past year.

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.
201920202021202220232024 (projected)
Market Cap1.4T1.6T1.1T2.0T1.8T1.9T
Enterprise Value1.5T1.5T1.1T2.1T1.9T2.0T

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

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

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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.