Discounted Cash Flow

Wipro Ltd. ADR

WIT · Based on 10 years of SEC filings · Converted from INR to USD

⚠ Cash flow predictability 58/100 (moderate) — FCF YoY std dev 48%, net income 48% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $5.8b $1.4b $755.9m 24.6%
2018 $87.9m (-98.5%) $12.9m (-99.1%) $12.9m (-98.3%) 14.7% (-40.3%) $0.26
2019 $89.0m (1.2%) $13.7m (5.7%) $13.7m (5.7%) 15.3% (4.4%) $0.22 (-15.4%)
2020 $85.1m (-4.5%) $13.5m (-0.9%) $13.5m (-0.9%) 15.9% (3.7%) $0.22 (0.0%)
2021 $89.0m (4.6%) $15.5m (14.6%) $15.5m (14.6%) 17.4% (9.5%) $0.26 (18.2%)
2022 $109.6m (23.1%) $16.9m (9.1%) $16.9m (9.1%) 15.4% (-11.4%) $0.29 (11.5%)
2023 $115.7m (5.6%) $14.5m (-14.2%) $14.5m (-14.2%) 12.5% (-18.8%) $0.25 (-13.8%)
2024 $113.2m (-2.2%) $13.9m (-4.1%) $13.9m (-4.1%) 12.3% (-1.9%) $0.25 (0.0%)
2025 $109.6m (-3.2%) $16.2m (16.0%) $16.2m (16.0%) 14.7% (19.8%) $0.15 (-40.0%)
2026 $9.7b (8782.2%) $2.3b (13835.5%) $1.4b (8599.6%) 23.1% (56.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in INR. Values above are converted to USD for comparison with the US-listed share price.

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model