WIT vs CTSH vs INOD Stock Comparison

Wipro, Cognizant Technology Solutions and Innodata Prices as of Oct 23, 2026 Peers: Industry group
WIT Wipro Ltd
$2.12 +26.2% 1M -21.8% 1Y
Market cap
$21.84B
P/E
15.5x
Revenue (TTM)
$10.37B
Div. yield
–
IT Services Technology
INOD Innodata Inc
$59.39 -17.5% 1M -19.6% 1Y
Market cap
$2.00B
P/E
43.1x
Revenue (TTM)
$317.16M
Div. yield
–
IT Services Technology
5 wins

Head to Head

11 decided of 12

Cognizant Technology Solutions leads on 6 of the 12 questions below (Cognizant Technology Solutions 6, Innodata 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWITCTSHINODLeader
Larger companyMarket capitalisation $21.84B $32.29B $2.00B CTSH
Cheaper on earningsLower P/E, profitable companies only 15.5x 14.5x 43.1x CTSH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.1x 12.6x 51.6x CTSH
Faster revenue growthRevenue growth, trailing twelve months -0.4% +5.6% +39.0% INOD
More profitableNet margin, trailing twelve months 13.6% 10.3% 14.7% INOD
Better return on capitalReturn on invested capital 16.6% 13.7% 28.4% INOD
Less leveragedLower net debt / EBITDA 0.4x 0.1x -3.8x INOD
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -21.8% +3.7% -19.6% CTSH
Better 5-year returnAnnualised price return, 5 years -14.9%/yr -2.2%/yr +41.9%/yr INOD
Less volatileAnnualised volatility, 1 year 46.6% 42.9% 103.6% CTSH
Higher overall scoreMean of the five percentile scores vs peers 50/100 70/100 63/100 CTSH

Percentile Scorecard

WITCTSHINOD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWITCTSHINOD
Valuation 37 #32 of 50 57 #22 of 50 31 #35 of 50
Growth 14 #39 of 45 48 #24 of 45 100 #1 of 45
Profitability 93 #4 of 41 90 #5 of 41 100 #1 of 41
Financial Health 56 #28 of 62 77 #15 of 62 79 #14 of 62
Shareholder Returns 52 #15 of 30 76 #8 of 30 7 #28 of 30
Overall 50 70 63
  • WIT ranked among 66 companies in Technology Services
  • CTSH ranked among 66 companies in Technology Services
  • INOD ranked among 66 companies in Technology Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWITCTSHINODSPY
1 month +26.2%+19.3%-17.5% -1.0%
3 months +14.0%+55.2%+6.3% +2.9%
6 months +3.9%+28.0%+40.3% +6.4%
Year to date -25.4%-15.0%+16.6% +11.4%
1 year -21.8%+3.7%-19.6% +13.1%
3 years -6.8%+8.3%+762.0% +79.4%
3 years, per year -2.3%+2.7%+105.1% +21.5%
5 years -55.5%-10.7%+474.9% +67.7%
5 years, per year -14.9%-2.2%+41.9% +10.9%
10 years +15.6%+41.9%+2,324.1% +255.2%
10 years, per year +1.5%+3.6%+37.6% +13.5%

Risk

MeasureWITCTSHINODSPY
Volatility, 1Y 46.6%42.9%103.6% 12.7%
Downside volatility, 1Y 47.0%43.3%78.3% 12.7%
Beta vs S&P 500, 1Y 0.440.103.32 1.00
Return / volatility, 1Y -0.470.09-0.19 1.03
Max drawdown, 5Y -66.8%-58.4%-74.4% -25.4%
From 52-week high -30.7%-18.6%-51.1% -2.5%
52-week high $3.06$86.70$121.50 $779.14
52-week low $1.62$38.73$34.45 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWITCTSHINOD
P/E now vs peer median 15.8xmedian 17.7x 14.8xmedian 17.7x 42.8xmedian 17.7x
P/S now vs peer median 2.1xmedian 0.6x 1.5xmedian 0.6x 6.4xmedian 0.6x
EV/EBITDA now vs peer median 11.3xmedian 11.0x 8.1xmedian 11.0x 28.3xmedian 11.0x
P/FCF now vs peer median 14.1xmedian 12.3x 12.3xmedian 12.3x 11.1xmedian 12.3x
P/B now vs peer median 2.7xmedian 1.4x 2.2xmedian 1.4x 12.8xmedian 1.4x
PEG now vs peer median 11.83median 1.54 4.53median 1.54 0.49median 1.54

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWITCTSHINOD
Revenue $10.37B $21.64B $317.16M
Gross profit $3.00B $7.24B $135.46M
Operating income $1.68B $3.44B $55.45M
Net income $1.43B $2.22B $46.49M
Free cash flow $1.57B $2.60B $183.85M
EPS (diluted) $0.13 $4.76 $1.34
Cash & equivalents $992.00M $1.04B $240.30M
Total debt $7.07B $1.56B $41.11M
Shares (diluted) 10.50B 466.00M 34.77M
Enterprise value $16.99B $25.45B $1.48B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWITCTSHINOD
P/E 15.8x 14.8x 42.8x
P/FCF 14.1x 12.3x 11.1x
P/Operating cash flow 12.9x 10.9x 10.4x
P/S 2.1x 1.5x 6.4x
P/B 2.7x 2.2x 12.8x
P/Tangible book 2.9x 2.5x 14.0x
EV/EBITDA 11.3x 8.1x 28.3x
EV/EBIT 13.7x 9.4x 32.5x
EV/Revenue 2.2x 1.5x 5.7x
EV/FCF 14.7x 12.5x 9.8x
EV/Operating cash flow 13.3x 11.1x 9.2x
PEG (3Y EPS CAGR) 11.83 4.53 0.49

Growth

14 metrics
MetricWITCTSHINOD
Revenue growth (1Y) -0.4% 5.6% 39.0%
Revenue CAGR (3Y) -2.4% 3.7% 60.8%
Gross profit growth (1Y) -4.6% 3.4% 43.5%
Gross profit CAGR (3Y) -3.1% 2.2% 74.3%
Operating income growth (1Y) -4.6% 8.8% 39.1%
Operating income CAGR (3Y) -36.3% 7.5% 43.5%
Net income growth (1Y) -9.5% -8.9% 8.9%
Net income CAGR (3Y) 0.1% 0.4% 97.1%
EPS growth (1Y) -10.4% -3.8% 10.5%
EPS CAGR (3Y) 1.3% 3.3% 86.9%
Operating cash flow growth (1Y) -8.4% 13.7% 350.6%
Operating cash flow CAGR (3Y) -3.2% 5.3% 206.1%
Free cash flow growth (1Y) -9.1% 13.8% 413.4%
Free cash flow CAGR (3Y) -8.2% 6.3% 480.7%

Profitability

14 metrics
MetricWITCTSHINOD
Gross margin 28.9% 33.4% 42.7%
EBITDA margin 19.6% 18.5% 20.1%
Operating margin 16.2% 15.9% 17.5%
Pretax margin 17.9% 16.2% 18.4%
Net margin 13.6% 10.3% 14.7%
FCF margin 15.2% 12.0% 58.0%
Operating cash flow margin 16.7% 13.5% 61.9%
Return on equity 17.1% 15.0% 32.3%
Return on assets 10.1% 10.7% 16.4%
Return on invested capital 16.6% 13.7% 28.4%
Return on capital employed 17.6% 20.0% 56.6%
Asset turnover 0.7x 1.0x 1.1x
Cash conversion (OCF / net income) 1.2x 1.3x 4.2x
Stock comp / revenue 0.5% 0.9% 5.9%

Financial Health

11 metrics
MetricWITCTSHINOD
Debt / assets 13.6% 7.5% 3.1%
Debt / equity 0.2x 0.1x 0.1x
Net debt / EBITDA 0.4x 0.1x -3.8x
Debt / FCF 1.2x 0.6x 0.1x
Liabilities / assets 41.4% 30.6% 55.2%
Equity / assets 58.6% 69.4% 44.8%
Interest coverage 8.4x 95.4x –
Current ratio 1.7x 2.2x 1.7x
Quick ratio 0.6x 1.7x 1.6x
Cash ratio 0.3x 0.3x 1.3x
Altman Z-score 4.31 5.81 8.39

Shareholder Returns

7 metrics
MetricWITCTSHINOD
Dividend yield 4.2% 1.8% –
Net buyback yield 0.0% 7.4% -0.6%
Shareholder yield 4.2% 9.2% -0.6%
Payout ratio (earnings) – 27.8% –
Payout ratio (FCF) – 23.8% –
Dividend growth (1Y) – 1.8% –
Dividend CAGR (3Y) – 2.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWITCTSHINOD
Forward P/E 15.1xFY2026 12.6xFY2026 51.6xFY2026
EPS, next fiscal year $0.14FY2026 $5.61FY2026 $1.15FY2026
EPS growth, next FY 0.0%FY2026 +6.3%FY2026 +25.0%FY2026
EPS growth, the year after -7.1% +10.2% +48.7%
Revenue, next fiscal year $10.81BFY2026 $20.77BFY2026 $346.77MFY2026
Revenue growth, next FY +8.4%FY2026 -1.6%FY2026 +37.8%FY2026
Revenue growth, the year after +1.1% +7.9% +26.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWITCTSHINOD
Held by institutions 3.1% 100.0% 57.0%
Institutions holding 297 915 285
Change in shares held, QoQ -3.4% +6.6% +22.4%
Institutions buying 175 464 173
Institutions selling 93 352 90
Buyers to sellers 1.88 1.32 1.92

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WITCTSHINOD
WIT 1.00 0.37 0.10
CTSH 0.37 1.00 0.07
INOD 0.10 0.07 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, WIT, CTSH and INOD?

Cognizant Technology Solutions (CTSH) is the largest by market capitalisation: Wipro (WIT) $21.84B, Cognizant Technology Solutions (CTSH) $32.29B, Innodata (INOD) $2.00B.

Which stock is cheaper, WIT, CTSH and INOD?

Cognizant Technology Solutions (CTSH) trades on the lowest price-to-earnings ratio (Wipro (WIT) 15.5x, Cognizant Technology Solutions (CTSH) 14.5x, Innodata (INOD) 43.1x). On next year's consensus earnings, Cognizant Technology Solutions (CTSH) is cheapest (Wipro (WIT) 15.1x, Cognizant Technology Solutions (CTSH) 12.6x, Innodata (INOD) 51.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Innodata (INOD) grew revenue fastest over the trailing twelve months: Wipro (WIT) -0.4%, Cognizant Technology Solutions (CTSH) +5.6%, Innodata (INOD) +39.0%.

Which company is more profitable?

Innodata (INOD) has the highest net margin (Wipro (WIT) 13.6%, Cognizant Technology Solutions (CTSH) 10.3%, Innodata (INOD) 14.7%). On return on invested capital, Innodata (INOD) leads (Wipro (WIT) 16.6%, Cognizant Technology Solutions (CTSH) 13.7%, Innodata (INOD) 28.4%).

Which stock has performed better?

Over the past year Cognizant Technology Solutions (CTSH) returned the most: Wipro (WIT) -21.8%, Cognizant Technology Solutions (CTSH) +3.7%, Innodata (INOD) -19.6%. Over five years, Innodata (INOD) compounded fastest (Wipro (WIT) -14.9%/yr, Cognizant Technology Solutions (CTSH) -2.2%/yr, Innodata (INOD) +41.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Wipro (WIT) 0.00%, Cognizant Technology Solutions (CTSH) 0.02%, Innodata (INOD) 0.00%. Wipro (WIT) and Innodata (INOD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cognizant Technology Solutions (CTSH) has been the steadiest (Wipro (WIT) 46.6%, Cognizant Technology Solutions (CTSH) 42.9%, Innodata (INOD) 103.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WIT, CTSH and INOD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cognizant Technology Solutions (CTSH) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.