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Wipro (WIT) EV-to-EBIT

: 12.76 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Wipro's Enterprise Value is $25,508 Mil. Wipro's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $1,999 Mil. Therefore, Wipro's EV-to-EBIT for today is 12.76.

The historical rank and industry rank for Wipro's EV-to-EBIT or its related term are showing as below:

WIT' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.98   Med: 11.57   Max: 23.93
Current: 12.76

During the past 13 years, the highest EV-to-EBIT of Wipro was 23.93. The lowest was 5.98. And the median was 11.57.

WIT's EV-to-EBIT is ranked better than
62.24% of 1650 companies
in the Software industry
Industry Median: 17.015 vs WIT: 12.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Wipro's Enterprise Value for the quarter that ended in Sep. 2023 was $23,336 Mil. Wipro's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $1,999 Mil. Wipro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.56%.


Wipro EV-to-EBIT Historical Data

The historical data trend for Wipro's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.28 6.95 14.11 19.61 11.25

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.35 12.74 11.25 11.47 11.89

Competitive Comparison

For the Information Technology Services subindustry, Wipro's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wipro EV-to-EBIT Distribution

For the Software industry and Technology sector, Wipro's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wipro's EV-to-EBIT falls into.



Wipro EV-to-EBIT Calculation

Wipro's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25507.700/1998.73
=12.76

Wipro's current Enterprise Value is $25,508 Mil.
Wipro's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,999 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wipro  (NYSE:WIT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Wipro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=1998.73/23336.2776
=8.56 %

Wipro's Enterprise Value for the quarter that ended in Sep. 2023 was $23,336 Mil.
Wipro's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,999 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wipro EV-to-EBIT Related Terms

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Wipro (WIT) Business Description

Address
Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.