Sifting through countless of stocks in the IT Services industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in EPAM Systems, Inc. or Wipro Limited because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how EPAM Systems, Inc. and Wipro Limited compare based on key financial metrics to determine which better meets your investment needs.

About EPAM Systems, Inc. and Wipro Limited

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics, and artificial intelligence; customer experience; marketing; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers software product and platform development services, which comprise product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The company has a collaboration with Wiz to help organizations turn cloud risk intelligence into continuous, AI-powered, and engineering-led remediation across complex multi-cloud environments. The company serves the financial services; consumer goods, retail, and travel; software and hi-tech; business information and media; life sciences and healthcare; and emerging vertical industries. EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services, as well as banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products, including enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company has a strategic alliance with the Indian Institute of Science and the Foundation for Science Innovation and Development to collaborate on research and innovation across frontier technologies. The company was incorporated in 1945 and is based in Bengaluru, India.

Latest IT Services and EPAM Systems, Inc., Wipro Limited Stock News

As of September 1, 2026, EPAM Systems, Inc. had a $6.0 billion market capitalization, compared to the IT Services median of $1.2 million. EPAM Systems, Inc.’s stock is down 42.6% in 2026, up 7.5% in the previous five trading days and down 34.03% in the past year.

Currently, EPAM Systems, Inc.’s price-earnings ratio is 15.7. EPAM Systems, Inc.’s trailing 12-month revenue is $5.6 billion with a 7.2% net profit margin. Year-over-year quarterly sales growth most recently was 4.5%. Analysts expect adjusted earnings to reach $13.151 per share for the current fiscal year. EPAM Systems, Inc. does not currently pay a dividend.

As of September 1, 2026, Wipro Limited had a $18.9 billion market cap, putting it in the 85th percentile of all stocks. Wipro Limited’s stock is down 36.4% in 2026, down 1.4% in the previous five trading days and down 33.7% in the past year.

Currently, Wipro Limited’s price-earnings ratio is 13.8. Wipro Limited’s trailing 12-month revenue is $10.0 billion with a 13.9% net profit margin. Year-over-year quarterly sales growth most recently was 0.3%. Analysts expect adjusted earnings to reach $0.139 per share for the current fiscal year. Wipro Limited currently has a 2.3% dividend yield.

How We Compare EPAM Systems, Inc. and Wipro Limited Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at EPAM Systems, Inc. and Wipro Limited’s stock grades to see how they measure up against one another.

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EPAM Systems, Inc. and Wipro Limited Stock Value Grades

Company	Ticker	Value
EPAM Systems, Inc.	EPAM	B
Wipro Limited	WIT	A

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

EPAM Systems, Inc. has a Value Score of 79, which is Value. Wipro Limited has a Value Score of 91, which is Deep Value.

The Value Stock Winner: Wipro Limited

As you can clearly see from the Value Grade breakdown above, Wipro Limited is considered to have better value than EPAM Systems, Inc.. For investors who focus solely on a company’s valuation, Wipro Limited could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

EPAM Systems, Inc. and Wipro Limited’s Quality Grades

Company	Ticker	Quality
EPAM Systems, Inc.	EPAM	A
Wipro Limited	WIT	A

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

EPAM Systems, Inc. has a Quality Score of 95, which is Very Strong. Wipro Limited has a Quality Score of 85, which is Very Strong.

The Quality Grade Winner: It’s a Tie!

Looking at the Quality Grade breakdown above, both EPAM Systems, Inc. and Wipro Limited have a grade of A. For investors who focus solely on a company’s overall quality, you will need to conduct further research into both companies to see if they are a good fit for your portfolio. As a good rule of thumb, you should always analyze multiple factors based on a wide range of metrics before choosing a company to invest in.

EPAM Systems, Inc. and Wipro Limited’s Momentum Grades

Company	Ticker	Momentum
EPAM Systems, Inc.	EPAM	D
Wipro Limited	WIT	F

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

EPAM Systems, Inc. has a Momentum Score of 34, which is Weak. Wipro Limited has a Momentum Score of 17, which is Very Weak.

The Momentum Stock Winner: No Clear Winner

Neither EPAM Systems, Inc. or Wipro Limited has a strong enough Momentum Grade to be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if EPAM Systems, Inc. or Wipro Limited is the better investment when it comes to momentum.

Other EPAM Systems, Inc. and Wipro Limited Grades

In addition to Value, Quality and Momentum, A+ Investor also provides grades for Growth and Estimate Revisions.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether EPAM Systems, Inc. and Wipro Limited pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, EPAM Systems, Inc. or Wipro Limited Stock?

Overall, EPAM Systems, Inc. stock has a Value Score of 79, Momentum Score of 34 and Quality Score of 95.

Wipro Limited stock has a Value Score of 91, Momentum Score of 17 and Quality Score of 85.

Comparing EPAM Systems, Inc. and Wipro Limited’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.