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Is Westpac Banking Corporation(NYSE: WBK), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Westpac Banking Corporation (NYSE: WBK) has been on the stock market since its IPO date on the 6/30/1989. Westpac Banking Corporation is in the Foreign Money Center Banks industry and Financial sector. Average volume for Westpac Banking Corporation, is 204, and so far today it has a volume of 118686. Performance year to date since the 6/30/1989 is -8.83%.

To help you determine whether Westpac Banking Corporation is undervalued the following values will help you decide. P/E is 12.16 and forward P/E is 11.83. PEG perhaps more useful shows that Westpac Banking Corporation has a value for PEG of 3.12. P/S ratio is 3.07 and the P/B ratio is 1.7. The P/Cash and P/Free cash flow is 0.96 and 10.48 respectively.

At the current price Westpac Banking Corporation is trading at, 22.09 (2.17% today), Westpac Banking Corporation has a dividend yield of 6.52%, and this is covered by a payout ratio of 74.70%. Earnings per share (EPS) is 1.82, and this is looking to grow in the next year to 5.01% after growing 4.50% this past year. EPS growth quarter over quarter is -4.10%, and 0.90% for sales growth quarter over quarter.

The number of shares outstanding is 3296.26, and the number of shares float is 3111.21. The senior management bring insider ownership to 0.10%, and institutional ownership is at 0.50%. The float short is 0.02%, with the short ratio at a value of 2.48. Management has seen a return on assets of 1.00%, and also a return on investment of 5.00%.

The ability for Westpac Banking Corporation, to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 3.11 and total debt/equity is 3.24. In terms of margins, Westpac Banking Corporation has a gross margin of *TBA, with its operating margin at 43.10%, and Westpac Banking Corporation has a profit margin of 25.50%.

The 52 week high is -14.51%, with 11.40% being its 52 week low. The 20 day simple moving average is 0.38% and the 200 day simple moving average is -1.29%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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