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Is Wipro Ltd.(NYSE: WIT), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Wipro Ltd. (NYSE: WIT) has been on the stock market since its IPO date on the 10/19/2000. Wipro Ltd. is in the Information Technology Services industry and Technology sector. Average volume for Wipro Ltd., is 520.55, and so far today it has a volume of 256700. Performance year to date since the 10/19/2000 is 8.37%.

To help you determine whether Wipro Ltd. is undervalued the following values will help you decide. P/E is 23.2 and forward P/E is 20.18. PEG perhaps more useful shows that Wipro Ltd. has a value for PEG of 1.66. P/S ratio is 2.73 and the P/B ratio is 4.42. The P/Cash and P/Free cash flow is 4.62 and 47.59 respectively.

At the current price Wipro Ltd. is trading at, 12.41 (1.31% today), Wipro Ltd. has a dividend yield of 0.24%, and this is covered by a payout ratio of 16.60%. Earnings per share (EPS) is 0.54, and this is looking to grow in the next year to 8.85% after growing 2.80% this past year. EPS growth quarter over quarter is -2.30%, and 12.30% for sales growth quarter over quarter.

The number of shares outstanding is 1672.47, and the number of shares float is 889.31. The senior management bring insider ownership to 79.00%, and institutional ownership is at 2.30%. The float short is 1.73%, with the short ratio at a value of 29.5. Management has seen a return on assets of 13.20%, and also a return on investment of 12.10%.

The ability for Wipro Ltd., to deal with debt, means it current ratio is 2.3, and quick ratio is 2.3. Long term debt/equity is 0.04 and total debt/equity is 0.27. In terms of margins, Wipro Ltd. has a gross margin of 30.40%, with its operating margin at 18.90%, and Wipro Ltd. has a profit margin of 17.40%.

The 52 week high is -5.01%, with 16.67% being its 52 week low. The 20 day simple moving average is 3.10% and the 200 day simple moving average is 4.07%.

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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