Stock Updates

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 675.89, and so far today it has a volume of 543000. Performance year to date since the 10/19/2000 is -14.86%.

To help you determine whether Wipro Ltd. is undervalued the following values will help you decide. P/E is 18.33 and forward P/E is 15.98. PEG perhaps more useful shows that Wipro Ltd. has a value for PEG of 1.31. P/S ratio is 2.24 and the P/B ratio is 3.27. The P/Cash and P/Free cash flow is 3.64 and 590.63 respectively.

At the current price Wipro Ltd. is trading at, 9.75 (0.31% today), Wipro Ltd. has a dividend yield of 0.31%, and this is covered by a payout ratio of 16.80%. Earnings per share (EPS) is 0.53, and this is looking to grow in the next year to 11.52% after growing 2.80% this past year. EPS growth quarter over quarter is -6.50%, and 11.10% for sales growth quarter over quarter.

The number of shares outstanding is 1811.25, and the number of shares float is 889.31. The senior management bring insider ownership to 79.00%, and institutional ownership is at 2.50%. The float short is 1.62%, with the short ratio at a value of 21.3. Management has seen a return on assets of 12.50%, and also a return on investment of 10.30%.

The ability for Wipro Ltd., to deal with debt, means it current ratio is 2.4, and quick ratio is 2.3. Long term debt/equity is 0.04 and total debt/equity is 0.26. In terms of margins, Wipro Ltd. has a gross margin of 30.00%, with its operating margin at 18.20%, and Wipro Ltd. has a profit margin of 16.60%.

The 52 week high is -25.37%, with 0.93% being its 52 week low. The 20 day simple moving average is -6.94% and the 200 day simple moving average is -15.40%.

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.


About the author

Peter Clarke

Leave a Comment