Recent News
On June 26, 2026 WPP agencies captured top creative honours at Cannes Lions, with Ogilvy and VML among the highest-ranked networks. In June 2026 the company announced a board appointment adding an experienced non‑executive director and chair‑designate. Multiple regulatory notices in June and July 2026 reported director shareholdings and total voting‑rights updates.
Technical Analysis
ADX at 29.01 indicates a strong trend; the directional indicators show DI+ 48.85 increasing while DI‑ 19.88 decreases, a bullish directional profile that supports the near‑term price bias toward higher levels.
MACD stands at 1.84 with the MACD line above the signal line (signal 1.11) and MACD_trend increasing; that cross above the signal line represents a confirmed bullish momentum signal for short‑to‑intermediate timing.
MRO reads 18.18 and the MRO_trend increases; the positive MRO indicates price sits above the model target and therefore carries potential for a mean reversion pullback even as momentum remains constructive.
RSI at 62.25 with a dip & reversal indicates renewed buying after a brief pullback; the RSI level supports continuation rather than immediate exhaustion but leaves limited room before overbought territory.
Price sits well above major averages: close $27.04 versus the 200‑day average $18.72 and 50‑day average $19.04, with the 12‑day EMA ($23.34) trending higher — price above moving averages corroborates the bullish technical posture. Price also trades between the 1x and 2x upper Bollinger bands, implying upside momentum but stretched intraday volatility. SuperTrend lower support near $24.13 provides a reference level for trend invalidation on shorter timeframes. Volume at 375,690 trails the 10‑day average, suggesting recent moves advanced on below‑average participation. Beta short‑term (-0.19) and 52‑week (0.94) show limited correlation to market swings in the immediate window and near‑market sensitivity over the year respectively.
Fundamental Analysis
WPP reports a forward EPS of $0.8746 and a forward P/E of 24.92. The forward P/E sits below the industry peer mean (43.61) and below the industry peer median (29.06), indicating relatively lower forward earnings multiple versus peers despite the current WMDST valuation of over‑valued.
Price‑to‑book equals 10.39, well above the industry peer mean (1.799), median (1.678) and high (5.379), reflecting a material premium to tangible equity and contributing heavily to the WMDST over‑valued determination. Book value per share equals $2.36 versus price $27.04.
Liquidity metrics show current ratio 0.8878 and cash ratio 0.1816; the current ratio improved QoQ by 3.08% but declined YoY by 0.517 percentage points. Total cash and short‑term investments $2,694,000,000 versus total debt $6,832,000,000 leaves net debt $2,242,000,000, and operating cash flow $277,000,000 with an operating cash flow ratio of 1.867% — these figures point to constrained near‑term liquidity relative to leverage.
Leverage remains significant: debt‑to‑equity 2.6898 (up ~26.01% QoQ and up ~683.18% YoY per the reported changes), debt‑to‑assets 0.2838 (down ~1.708% QoQ but up ~509.89% YoY). Investors should note the large YoY changes as reported in the capital structure metrics.
Revenue growth year‑over‑year registered 90.11% while QoQ was essentially flat; revenue growth YoY sits well above the industry peer mean (~2.11%) and above the industry peer high (71.23%), indicating exceptional top‑line expansion versus peers for the period reported. Total assets $24.075B with invested capital $7.476B and total equity $2.54B reflect a capital‑intensive structure with substantial intangible assets ($7.68B) and negative net tangible assets.
Valuation summary: WMDST values the stock as over‑valued. The valuation disconnect stems from a high P/B premium and large leverage profile vs. a forward P/E that trades below peer averages; strong YoY revenue growth and recent creative wins support upside momentum but balance against stretched book multiples and material net debt.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2025-11-06 |
| NEXT REPORT DATE: | 2026-02-05 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | $ 277.0 M | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | — | |
| EPS Actual | — | |
| EPS Difference | — | |
| EPS Surprise | — | |
| Forward EPS | $ 0.87 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 24.1 B | |
| Intangible Assets | $ 7.7 B | |
| Net Tangible Assets | $ -5.14 B | |
| Total Current Assets | $ 13.2 B | |
| Cash and Short-Term Investments | $ 2.7 B | |
| Cash | $ 2.7 B | |
| Net Receivables | $ 6.1 B | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 10.1 B | |
| Short-Term Debt | $ 822.0 M | |
| Total Current Liabilities | $ 14.8 B | |
| Net Debt | $ 2.2 B | |
| Total Debt | $ 6.8 B | |
| Total Liabilities | $ 21.3 B | |
| EQUITY | ||
| Total Equity | $ 2.5 B | |
| Retained Earnings | $ 2.1 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 2.36 | |
| Shares Outstanding | 1.079 B | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | $ 26.4 B |
| Enterprise Value | $ 30.5 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 9.478 | |
| Asset To Liability | 1.13 | |
| Debt To Capital | 0.729 | |
| Debt To Assets | 0.284 | |
| Debt To Assets QoQ | -1.708 % | |
| Debt To Assets YoY | 509.886 % | |
| Debt To Assets IPRWA | high: 1.69 median: 0.4 mean: 0.389 WPP: 0.284 low: 0.0 |
|
| Debt To Equity | 2.69 | |
| Debt To Equity QoQ | 26.005 % | |
| Debt To Equity YoY | 683.182 % | |
| Debt To Equity IPRWA | high: 6.05 WPP: 2.69 mean: 1.049 median: 0.983 low: -9.844 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 10.389 | |
| Price To Book QoQ | -6.699 % | |
| Price To Book YoY | -25.796 % | |
| Price To Book IPRWA | WPP: 10.389 high: 5.379 mean: 1.799 median: 1.678 low: -0.597 |
|
| Price To Earnings (P/E) | — | |
| Price To Earnings QoQ | — | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | — | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 24.924 | |
| Forward PE/G | — | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 144.763 mean: 36.169 median: 28.512 WPP: 0 low: -95.091 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 6.7 B | |
| Net Invested Capital | $ 7.5 B | |
| Invested Capital | $ 7.5 B | |
| Net Tangible Assets | $ -5.14 B | |
| Net Working Capital | $ -1.67 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.182 | |
| Current Ratio | 0.888 | |
| Current Ratio QoQ | 3.078 % | |
| Current Ratio YoY | -0.517 % | |
| Current Ratio IPRWA | high: 2.784 median: 2.143 mean: 1.956 WPP: 0.888 low: 0.387 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 1.824 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | 0.019 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.911 % | |
| Revenue Growth | -100.0 % | |
| Revenue Growth QoQ | -0.0 % | |
| Revenue Growth YoY | 90.11 % | |
| Revenue Growth IPRWA | high: 71.226 % mean: 2.109 % median: -0.54 % low: -24.881 % WPP: -100.0 % |
|
| Earnings Growth | — | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | — | |
| Cash Flow To Earnings | — | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |