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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 17937.6. Since its IPO date on the 10/19/2000, Wipro Ltd., WIT performance year to date is -14.25%. Today Wipro Ltd., WIT has gained -0.51%, with a current price of 9.82.

Ownership of the company is 79.00% for insider ownership while institutional ownership is 2.50%. The management of the company have seen the company have a payout ratio of 16.80%. Return of assets are at 12.50%, with return on investment at 10.30%.

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 0.26. With a profit margin of 16.60%, this is combined with a gross margin of 30.00%, and operating margin of 18.20%. Wipro Ltd. ability to meet debt levels, with a current ratio of 2.4, 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 -18.68%. The 52-week high is -24.83%, and the 52-week low is 1.34%. The average volume for Wipro Ltd., WIT is 530300.

With a target price of 10.25, can Wipro Ltd., WIT reach this target? Looking at the value indicators of Wipro Ltd., WIT. Wipro Ltd. has a P/E of 18.46 and a forward P/E of 16.1. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.32. Wipro Ltd. also has a P/S and a P/B of 2.28 and 3.3 respectively. For P/cash, Wipro Ltd. has a value of 3.7, while it is 601.93 for P/free cash flow.

At the current price of 9.82, Wipro Ltd. has a dividend yield of 0.31%. We see a return on equity of 19.00%.

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 11.52% 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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