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A look at a High Market Cap Stock: Wipro Ltd., WIT

Wipro Ltd., WIT is in the exchange NYSE and its industry is Information Technology Services in the sector of Technology. Based in India, Wipro Ltd., WIT  has a market cap of 20083.22. Since its IPO date on the 10/19/2000, Wipro Ltd., WIT performance year to date is -1.06%. Today Wipro Ltd., WIT has gained 0.04%, with a current price of 11.34.

Ownership of the company is 79.00% for insider ownership while institutional ownership is 2.30%. The management of the company have seen the company have a payout ratio of 16.60%. Return of assets are at 13.20%, with return on investment at 12.10%.

In terms of debt levels and profit levels, Wipro Ltd., WIT is seeing a long-term debt/equity of 0.04. While Total debt/equity is 0.27. With a profit margin of 17.30%, this is combined with a gross margin of 30.40%, and operating margin of 18.90%. Wipro Ltd. ability to meet debt levels, with a current ratio of 2.3, while the quick ratio is 2.3.

For the last year Wipro Ltd., WIT has seen a EPS growth of 2.80%. A performance for the year of -6.87%. The 52-week high is -13.23%, and the 52-week low is 6.56%. The average volume for Wipro Ltd., WIT is 253246.

With a target price of 12, can Wipro Ltd., WIT reach this target? Looking at the value indicators of Wipro Ltd., WIT. Wipro Ltd. has a P/E of 21.06 and a forward P/E of 18.6. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.5. Wipro Ltd. also has a P/S and a P/B of 2.63 and 4 respectively. For P/cash, Wipro Ltd. has a value of 4.45, while it is 45.83 for P/free cash flow.

At the current price of 11.34, Wipro Ltd. has a dividend yield of 0.26%. We see a return on equity of 19.90%.

Looking more long-term Wipro Ltd., is projected to get an EPS growth for the next five years of 14.00%. In the short-term an EPS growth of 10.53% in the next year is forecasted. This is after a EPS growth of 2.80% for this year and for the last five years a 9.70% growth has been seen.

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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Tony Dabbs

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