Recent News
On August 6, 2026 WPP published 2026 interim results for the six months ended June 30 showing revenue decline and commentary on H1 performance and net debt metrics. In July 2026 the company announced expansion of WPP Enterprise Solutions and continued investments in AI-driven transformation and media capabilities; contemporaneous Form 6‑K filings detail the interim release and related disclosures.
Technical Analysis
ADX and Directional Indicators: ADX at 29.08 signals a strong directional move; DI+ at 36.2 trending down while DI‑ at 23.46 trends up, indicating prevailing bearish directional pressure that weighs on near‑term price bias.
MACD: MACD sits at 1.0 with a declining trend and a signal line at 1.4; the MACD below the signal line and trending lower signals weakening momentum and favors continued downside pressure until momentum reverses.
MRO: The MRO reads 40.27 with a peak‑and‑reversal pattern, indicating price sits above the modeled target and presents a material potential for downward mean reversion toward fair‑value levels.
RSI: RSI at 60.76 and decreasing indicates momentum cooling from recent strength and reduces the likelihood of a sustained breakout while it drifts lower.
Price Structure & Moving Averages: Last close $25.90 sits above the 50‑day ($21.76) and 200‑day ($19.27) averages but just below the 20‑day average ($25.94); the 12‑day EMA shows a dip‑and‑reversal. Short‑term resistance clusters at the SuperTrend upper band $26.80 and the 1x Bollinger upper band ~$26.81, which constrains upside until momentum indicators improve.
Fundamental Analysis
Revenue: Reported year‑over‑year revenue growth shows +90.11% YoY while quarter‑over‑quarter growth registers effectively 0.0% QoQ; recent interim commentary referenced revenue pressure in the period and adjustments in media and pass‑through revenue mix.
Profitability & Cash Flow: Operating cash flow totaled $277,000,000 with an operating cash flow ratio of 1.87%. Retained earnings stand at $2,052,000,000 while net tangible assets appear negative at -$5,140,000,000, reflecting significant intangible asset balances ($7,680,000,000).
Balance Sheet & Liquidity: Cash and short‑term investments total $2,694,000,000 with net debt $2,242,000,000; cash ratio equals 18.16%. Current ratio measures 0.8878, up +3.08% QoQ but down -0.52% YoY, and sits below the industry peer mean of 1.95619, indicating tighter near‑term liquidity relative to peers.
Leverage: Debt to equity equals 2.6898, up +26.01% QoQ and +683.18% YoY, and debt to capital reads 72.90%, consistent with a highly leveraged capital structure that increases sensitivity to cash‑flow variability.
Valuation Multiples: Price‑to‑book stands at 10.39 versus an industry peer mean of 1.799 and a peer range high of 5.379, placing the company well above the peer range. Forward P/E equals 24.92, which sits below the industry peer mean of 43.61. Price target consensus shows a mean of $28.80 with a high of $48.94 and a low of $14.27.
WMDST Valuation: WMDST values the stock as over‑valued, driven by an elevated price‑to‑book multiple relative to the industry peer range and a leveraged balance sheet that amplifies downside risk despite a forward P/E below the peer mean and a price target mean modestly above the current price.
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 | — | |