Wipro Dividend Yield vs Asset Turnover Analysis

WIT Stock  USD 5.47  0.04  0.73%   
Wipro Limited financial indicator trend analysis is more than just analyzing Wipro Limited ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wipro Limited ADR is a good investment. Please check the relationship between Wipro Limited Dividend Yield and its Asset Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Dividend Yield vs Asset Turnover

Dividend Yield vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Dividend Yield account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wipro Limited's Dividend Yield and Asset Turnover is -0.29. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Wipro Limited ADR, assuming nothing else is changed. The correlation between historical values of Wipro Limited's Dividend Yield and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Wipro Limited ADR are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Dividend Yield i.e., Wipro Limited's Dividend Yield and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Wipro Limited ADR dividend as a percentage of Wipro Limited stock price. Wipro Limited ADR dividend yield is a measure of Wipro Limited stock productivity, which can be interpreted as interest rate earned on an Wipro Limited investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Wipro Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wipro Limited ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Wipro Limited's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 27.31 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit235.1B259.4B266.1B279.4B
Total Revenue790.9B904.9B897.6B942.5B

Wipro Limited fundamental ratios Correlations

0.940.870.81.00.80.480.990.780.320.970.560.470.830.960.790.74-0.720.89-0.390.110.180.990.870.980.64
0.940.760.840.920.740.70.910.740.10.90.450.490.830.90.790.6-0.590.83-0.31-0.010.310.960.780.930.78
0.870.760.540.850.630.450.820.520.140.940.370.20.870.730.540.85-0.870.95-0.490.240.020.890.930.760.27
0.80.840.540.790.920.370.780.960.440.710.750.650.510.820.960.47-0.320.53-0.22-0.170.40.810.550.850.89
1.00.920.850.790.80.430.990.780.360.960.570.470.810.970.780.74-0.720.87-0.390.130.160.970.850.980.63
0.80.740.630.920.80.220.760.930.530.760.780.570.480.780.910.68-0.470.58-0.25-0.130.320.790.620.790.71
0.480.70.450.370.430.220.420.19-0.640.54-0.160.190.710.40.30.26-0.360.61-0.21-0.170.180.560.480.40.47
0.990.910.820.780.990.760.420.770.350.930.560.50.790.980.770.7-0.680.85-0.370.130.090.960.820.980.64
0.780.740.520.960.780.930.190.770.590.670.860.650.470.80.960.46-0.320.5-0.17-0.120.360.760.510.830.77
0.320.10.140.440.360.53-0.640.350.590.190.750.3-0.140.390.490.24-0.060.0-0.010.170.130.240.120.410.25
0.970.90.940.710.960.760.540.930.670.190.450.360.890.880.690.84-0.840.96-0.450.120.160.970.940.890.5
0.560.450.370.750.570.78-0.160.560.860.750.450.660.220.610.740.33-0.20.27-0.03-0.090.280.530.250.630.51
0.470.490.20.650.470.570.190.50.650.30.360.660.270.630.490.26-0.260.2-0.24-0.64-0.040.460.180.550.62
0.830.830.870.510.810.480.710.790.47-0.140.890.220.270.720.490.65-0.80.96-0.460.130.10.860.860.730.33
0.960.90.730.820.970.780.40.980.80.390.880.610.630.720.770.65-0.640.77-0.39-0.020.10.930.760.980.71
0.790.790.540.960.780.910.30.770.960.490.690.740.490.490.770.43-0.250.54-0.120.010.450.780.530.830.81
0.740.60.850.470.740.680.260.70.460.240.840.330.260.650.650.43-0.910.78-0.620.02-0.10.740.870.620.21
-0.72-0.59-0.87-0.32-0.72-0.47-0.36-0.68-0.32-0.06-0.84-0.2-0.26-0.8-0.64-0.25-0.91-0.860.65-0.040.14-0.73-0.9-0.59-0.07
0.890.830.950.530.870.580.610.850.50.00.960.270.20.960.770.540.78-0.86-0.430.230.10.910.940.780.33
-0.39-0.31-0.49-0.22-0.39-0.25-0.21-0.37-0.17-0.01-0.45-0.03-0.24-0.46-0.39-0.12-0.620.65-0.430.080.26-0.39-0.53-0.31-0.09
0.11-0.010.24-0.170.13-0.13-0.170.13-0.120.170.12-0.09-0.640.13-0.020.010.02-0.040.230.080.060.070.190.09-0.25
0.180.310.020.40.160.320.180.090.360.130.160.28-0.040.10.10.45-0.10.140.10.260.060.220.080.190.37
0.990.960.890.810.970.790.560.960.760.240.970.530.460.860.930.780.74-0.730.91-0.390.070.220.880.950.65
0.870.780.930.550.850.620.480.820.510.120.940.250.180.860.760.530.87-0.90.94-0.530.190.080.880.760.33
0.980.930.760.850.980.790.40.980.830.410.890.630.550.730.980.830.62-0.590.78-0.310.090.190.950.760.73
0.640.780.270.890.630.710.470.640.770.250.50.510.620.330.710.810.21-0.070.33-0.09-0.250.370.650.330.73
Click cells to compare fundamentals

Wipro Limited Account Relationship Matchups

Wipro Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets817.1B831.4B1.1T1.2T1.2T1.2T
Short Long Term Debt Total97.2B104.5B175.9B174.7B155.4B163.2B
Other Current Liab38.3B44.2B74.9B58.6B84.7B89.0B
Total Current Liabilities216.4B230.0B308.3B267.8B252.5B141.9B
Total Stockholder Equity557.5B553.1B658.2B781.2B749.9B787.4B
Property Plant And Equipment Net97.9B101.6B109.8B107.4B99.6B56.4B
Net Debt(47.3B)(65.3B)72.1B82.8B58.5B61.4B
Retained Earnings519.9B466.7B551.3B661.0B674.7B708.5B
Accounts Payable78.1B78.9B99.0B89.1B88.6B45.3B
Cash144.5B169.8B103.8B91.9B97.0B73.0B
Non Current Assets Total297.2B308.2B458.4B514.7B501.8B526.9B
Non Currrent Assets Other29.9B40.4B35.5B26.4B30.8B18.8B
Other Assets41.3B42.1B38.2B15.7B18.1B13.3B
Long Term Debt4.8B7.5B56.5B61.3B70.5B74.0B
Cash And Short Term Investments335.2B346.1B351.3B410.2B407.8B428.2B
Net Receivables164.3B153.9B215.1B215.0B199.0B108.3B
Common Stock Shares Outstanding5.8B5.7B5.5B5.5B5.3B4.8B
Liabilities And Stockholders Equity817.1B831.4B1.1T1.2T1.2T1.2T
Non Current Liabilities Total41.3B46.8B112.2B126.3B148.8B156.2B
Inventory1.9B1.1B1.3B1.2B907M861.7M
Other Current Assets135M783M1.2B32.9B43.0B45.1B
Other Stockholder Equity(17.7B)34.3B48.9B62.4B3.3B3.1B
Total Liab257.7B276.8B420.5B394.1B401.2B421.3B
Property Plant And Equipment Gross97.9B101.6B238.9B235.3B270.7B284.2B
Total Current Assets519.9B523.2B620.8B661.1B650.7B683.2B
Accumulated Other Comprehensive Income43.8B41.2B47.1B46.8B61.4B64.5B
Short Term Debt79.8B83.5B104.3B97.4B79.2B52.9B
Intangible Assets20.9B13.1B43.6B43.0B32.7B34.4B
Common Stock11.4B11.0B11.0B11.0B10.5B5.4B
Property Plant Equipment97.9B101.6B109.8B107.4B123.5B129.6B
Current Deferred Revenue20.2B23.4B30.1B22.7B20.4B27.2B
Other Liab23.9B25.8B40.5B49.1B56.5B59.3B
Good Will131.0B139.1B247.0B308.0B316.0B459.5B
Short Term Investments190.7B176.3B247.4B318.3B310.8B326.4B
Net Tangible Assets410.1B400.9B367.6B430.1B494.7B335.5B
Deferred Long Term Liab4.3B3.8B3.4B3.2B3.7B2.5B
Long Term Investments10.7B12.4B20.3B27.8B32.0B33.6B
Short Long Term Debt73.2B75.9B95.2B88.8B102.1B73.9B

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When determining whether Wipro Limited ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wipro Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wipro Limited Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wipro Limited Adr Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Wipro Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wipro Limited. If investors know Wipro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wipro Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1
Earnings Share
0.26
Revenue Per Share
169.734
Quarterly Revenue Growth
(0.04)
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wipro Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.