Recent News
On June 18, 2026 WPP Enterprise Solutions announced a multiyear strategic collaboration agreement with Amazon Web Services to accelerate clients’ commerce and generative-AI deployments. On June 23, 2026 WPP named itself a launch partner to pilot a new creative solution from Meta, integrated into the WPP Open platform and announced Unilever as the inaugural client. WPP agencies took top creative network honours at Cannes Lions on June 26, 2026. The company published regulatory notices on director shareholdings and total voting rights across June and July 2026.
Technical Analysis
ADX at 22.4 indicates an emerging trend strength, implying recent directional moves carry modest conviction but not yet a strong trend; that level tempers expectations for sustained breakout continuation.
Directional indicators show a bearish directional tilt: DI+ at 31.09 trending down and DI− at 25.72 trending up — both readings point to waning upside momentum and growing downside pressure, which increases the likelihood of short-term corrective action relative to the valuation backdrop.
MACD sits below its signal line (MACD 0.66 vs signal 1.05) with the MACD trend decreasing, signaling bearish momentum and indicating that near-term momentum has shifted away from recent strength rather than accelerating higher.
MRO at 31.53 and decreasing indicates price sits above the model target and carries measurable downside potential while that potential diminishes as the oscillator falls toward equilibrium; this aligns with the observed MACD and directional indicator signals.
RSI at 58.68 and decreasing shows momentum losing tilt toward overbought conditions without entering oversold territory, supporting a scenario of consolidation or a controlled pullback rather than a violent reversal.
Price trades below the 12-day EMA (priceClose $24.77 vs 12-day EMA $25.26, 20-day avg $25.57) while remaining above the 50-day ($22.48) and 200-day ($19.37) averages; that configuration implies short-term weakness against still-positive medium/long-term bias, increasing the chance of choppy, range-bound action near current levels.
Fundamental Analysis
Price-to-book stands at 8.98 vs an industry peer mean of 1.54 and median of 1.89, placing the company well above peer multiples; book value equals $2.41 per share while market capitalization totals $23.36B, which explains the elevated P/B relative to peers.
WMDST data show revenue growth recorded as -100.0% (revenueGrowth = -1.0) with QoQ and YoY revenue growth listed at 0.0%; treat the recorded metrics as indicating a material contraction year-over-year in the primary revenue growth figure while quarter-to-quarter movement registers neutral in the supplied measures.
Liquidity metrics reveal a current ratio of 0.87, down roughly 2.5% QoQ and 3.0% YoY, below the industry peer mean current ratio of 2.14 and median 2.40; the cash ratio stands at 16.1%, and net working capital sits at -$1.97B, evidencing a working-capital deficit and tighter near-term liquidity relative to standard peer benchmarks.
Leverage remains substantial: debt-to-equity at 276.0% with debt-to-assets at 30.5%, and debt-to-equity increased about 28.0% YoY; net debt equals $2.98B while cash and short-term investments equal $2.36B, producing a positive but modest net leverage position relative to enterprise value ($28.18B).
Operating cash flow of $1.42B and an operating cash-flow ratio near 9.7% indicate ongoing cash generation that partially offsets balance-sheet leverage and supports investment in enterprise solutions and platform integrations.
Intangibles dominate the balance sheet (intangible assets $7.79B, net tangible assets negative $5.19B), reinforcing why book-value metrics understate the operating franchise but also contributing to the elevated P/B multiple.
The current valuation as determined by WMDST: over-valued. That determination reflects an elevated P/B multiple versus industry peer mean and median, a negative net tangible-asset base, and leverage dynamics that increase sensitivity to near-term revenue and cash-flow variability even as strategic partnerships progress.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-02-05 |
| NEXT REPORT DATE: | 2026-05-07 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | $ 1.4 B | |
| 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 | $ 23.6 B | |
| Intangible Assets | $ 7.8 B | |
| Net Tangible Assets | $ -5.19 B | |
| Total Current Assets | $ 12.7 B | |
| Cash and Short-Term Investments | $ 2.4 B | |
| Cash | $ 2.4 B | |
| Net Receivables | $ 7.2 B | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 12.6 B | |
| Short-Term Debt | $ 1.5 B | |
| Total Current Liabilities | $ 14.6 B | |
| Net Debt | $ 3.0 B | |
| Total Debt | $ 7.2 B | |
| Total Liabilities | $ 20.8 B | |
| EQUITY | ||
| Total Equity | $ 2.6 B | |
| Retained Earnings | $ 2.1 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 2.41 | |
| Shares Outstanding | 1.079 B | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | $ 23.4 B |
| Enterprise Value | $ 28.2 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 9.06 | |
| Asset To Liability | 1.134 | |
| Debt To Capital | 0.734 | |
| Debt To Assets | 0.305 | |
| Debt To Assets QoQ | 7.351 % | |
| Debt To Assets YoY | 4.264 % | |
| Debt To Assets IPRWA | high: 1.719 median: 0.372 mean: 0.368 WPP: 0.305 low: 0.046 |
|
| Debt To Equity | 2.76 | |
| Debt To Equity QoQ | 2.618 % | |
| Debt To Equity YoY | 27.981 % | |
| Debt To Equity IPRWA | high: 9.354 WPP: 2.76 mean: 0.929 median: 0.862 low: -13.23 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 8.978 | |
| Price To Book QoQ | -13.58 % | |
| Price To Book YoY | -2.171 % | |
| Price To Book IPRWA | WPP: 8.978 high: 2.107 median: 1.892 mean: 1.536 low: -0.936 |
|
| 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 | 20.172 | |
| 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: 129.867 WPP: 0 mean: -82.611 low: -110.02 median: -110.02 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 6.5 B | |
| Net Invested Capital | $ 7.9 B | |
| Invested Capital | $ 7.9 B | |
| Net Tangible Assets | $ -5.19 B | |
| Net Working Capital | $ -1.97 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.161 | |
| Current Ratio | 0.866 | |
| Current Ratio QoQ | -2.495 % | |
| Current Ratio YoY | -2.999 % | |
| Current Ratio IPRWA | high: 3.169 median: 2.399 mean: 2.145 WPP: 0.866 low: 0.361 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 1.768 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | 0.097 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -2.077 % | |
| Revenue Growth | -100.0 % | |
| Revenue Growth QoQ | -0.0 % | |
| Revenue Growth YoY | -0.0 % | |
| Revenue Growth IPRWA | high: 17.166 % mean: -1.159 % median: -1.541 % low: -11.656 % 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 | — | |