Cognizant Technology Solutions Corp vs Wipro Ltd ADR

Cognizant Technology Solutions Corp (CTSH) is undervalued and Wipro Ltd ADR (WIT) is slightly undervalued.

Against our estimates of intrinsic value, CTSH trades at the wider discount: a margin of safety of +40%, against +7% for WIT.

Values as of the 19 Oct 2026 close.

Cognizant Technology Solutions Corp (CTSH)

Discounting its cash flows at 9.4% (average of 3 methods) values the shares at $112.21; the price of $66.79 is 40% below that value, and 75% of that value comes from beyond year five.

Leak Score 85/100 on 12 of 12 signals

Wipro Ltd ADR (WIT)

Discounting its cash flows at 9.5% (average of 3 methods) values the shares at $2.07; the price of $1.93 is 7% below that value, and 73% of that value comes from beyond year five.

Leak Score 55/100 on 11 of 12 signals

MetricCTSHWIT
VerdictUndervaluedSlightly undervalued
Price$66.79$1.93
Intrinsic value$112.21$2.07
Margin of safety+40%+7%
Leak Score85/100 (12/12)55/100 (11/12)
Market cap$30.1B$19.1B
Revenue growth, 5 years4.9%4.7%
Operating margin16.1%16.1%
Net margin10.3%13.6%
Return on equity14.9%16.3%
Debt to equity0.140.29
P/E14.3x14.1x
Forward P/E10.6x13.4x
P/B2.1x2.4x
Dividend yield2.0%5.1%

All stocks in Information Technology Services