Tata Consultancy Services Ltd

Pros

• Strong ROE of 45.6% — above 15% threshold
• Good ROCE of 55.9%
• Low debt-to-equity ratio of 0.10 — conservatively funded
• Attractive dividend yield of 2.23%
• Healthy operating margin of 24.0%
• Reasonably valued at 15.1x P/E

Cons

• High P/B ratio of 7.1x — above book value premium