# Wise (WISE.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Information Technology Services. Price 928p, market value 9.1 billionp.

## Valuation
- **P/E (trailing): 25.8×** (5-yr avg 5608.8×, 3-yr avg 2511.4×). Wise trades at 25.8× trailing earnings, well below its own five-year average of 5608.8×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 18.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 6.7×**. The shares trade at 6.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 86.7%** (5-yr avg 0.6%). Free cash flow equals 86.7% of the market value, above its five-year average of 0.6%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 64.7%**. Wise keeps 64.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 27.4%**. 27.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 18.4%**. 18.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 25.9%**. 25.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: -3.4%**. Return on all capital, debt included, is -3.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 3.2%**. Each dollar of assets produces 3.2% of profit.

## Growth
- **Revenue growth (1 yr): 13.4%** (3-yr 27.6%/yr, 5-yr 37.2%/yr). Revenue grew 13.4% over the last year, against 37.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -7.5%** (3-yr 49.8%/yr, 5-yr 64.8%/yr). Earnings per share fell 7.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 13.4%/yr**. Free cash flow has compounded at 13.4% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.25**. Debt is 0.25 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Wise holds more cash than debt.
- **Interest coverage: 70.7×**. Operating profit covers interest 70.7× over, a safe margin.
- **Altman Z-score: 1.64**. A Z-score of 1.64 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Wise does not currently pay a dividend, but it returned 4.3% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: buy** (16 analysts). 16 analysts cover Wise; the consensus is buy, with an average price target of 1149p (+24% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -18.0%** (YTD 5.1%, 3-mo 13.0%). The shares are down 18.0% over twelve months including dividends.
- **From 52-week high: -20.3%** (23.1% above the low). Trading 20% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.62** (volatility 36%). Beta of 0.62 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WISE.L · Page: https://foliofundamentals.com/stocks/wise.l

Not investment advice.