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ePlus inc. PLUS R2K

Technology · Software - Application · United States
https://www.eplus.com

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally. The company sells third-party hardware, perpetual and subscription software, and maintenance; and software assurance and other third-party services. It also offers professional services, such as staff augmentation, project management, cloud consulting, Al advisory, consulting, security and collaboration solution, warehouse, configuration, and logistic service, as well as in the spaces of digital signage, EV charging solution, loss prevention and security, store opening, remodel, and store closing; and managed services comprising enhanced maintenance support or ePlus Lifecycle-Services Support, service desk, storage-as-a-service, azure recover, cloud managed, and managed security service, as well as managed service for infrastructure and cloud. In addition, the company offers financing arrangements, including sales-type and operating leases, loan, and consumption-based financing arrangement, as well as underwriting and management, and disposal of IT equipment and assets; and financing operations, such as sales, pricing, credit, contract, accounting, risk management, and asset management. Further, it finances IT equipment, communication-related equipment, medical equipment, industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment; and provides financing solutions, including front-end processing, lifecycle and asset ownership, and end-of-life services. The company serves telecom, media and entertainment, technology, state and local government, educational institutions, healthcare, and financial services. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.

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$82.09
+16.11% 1Y

Market & Price

Market Cap
$2.17B
Current Price
$82.09
High / Low (52W)
$92.78 / $61.70
Beta
1.04

Valuation

Stock P/E
17.43
Industry PE
32.74
Forward P/E
13.50
PEG Ratio
0.83
Book Value
$40.67
Price to Book
2.02
P/S
0.89
EV/EBITDA
9.55
Dividend Yield
1.32%

Profitability & Returns

ROCE
14.92%
ROE
12.17%
ROA
5.64%
Profit Margin
5.43%
Op Margin
6.47%
EPS (Latest Qtr)
$1.33
EPS (TTM)
$4.71

Balance Sheet & Liquidity

Debt/Equity
0.13
Quick Ratio
1.76
Current Ratio
2.24
Debt
$135.89M
Total Assets
$1.80B
Current Assets
$1.43B
Working Capital
$789.59M

Ownership

Promoter Holding
2.24%
Chg in Prom Hold
0.02%
FII / Inst Holding
99.89%
Chg in FII Hold
0.91%

Financial Snapshot

Enterprise Value
$1.85B
Total Revenue (TTM)
$2.44B
EBITDA
$193.76M
Free Cash Flow
$-100.06M
Operating Cash Flow
$-116.23M
Shares Outstanding
26.39M
Gross Margin
25.22%
Payout Ratio
15.92%

Growth (CAGR)

Revenue 5Y
5.71%
Profit 5Y
3.58%
Revenue (YoY)
21.70%
Earnings (YoY)
15.40%

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PLUS ePlus inc. R2K 82.09 17.43 $2.17B 1.32% 14.92% 12.17% 5.71% 3.58%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Jun 2021Sep 2021Dec 2021Jun 2022Sep 2022Dec 2022Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----298.50M371.46M326.66M332.77M367.16M370.85M342.57M330.43M-----------------------498.11M637.32M608.83M614.77M581.63M
Cost of Revenue -----------------------------------352.35M489.10M446.70M456.12M434.55M
Gross Profit 59.13M71.92M64.06M66.95M67.66M81.93M73.79M76.38M77.59M87.57M76.69M81.63M80.70M85.50M82.91M81.27M92.64M103.03M103.70M91.83M98.56M98.96M98.15M105.51M123.00M117.12M113.52M133.30M138.37M142.27M144.37M133.81M126.87M--145.76M148.22M162.12M158.65M147.09M
Operating Expenses -----------------------------------110.48M112.02M113.29M115.19M109.44M
Operating Income 15.07M26.66M17.64M16.38M17.49M28.20M21.31M18.74M20.51M28.83M16.39M18.51M20.47M24.57M20.02M14.47M22.76M28.38M26.27M17.88M25.00M28.48M29.26M32.45M44.30M36.09M33.18M44.11M46.46M46.33M44.86M38.05M31.46M--35.29M36.20M48.84M43.47M37.64M
EBITDA -----------------------------------45.07M43.61M55.95M50.13M51.36M
Interest Expense ---------------------------------537.00K517.00K572.00K----
Pretax Income -----------------------------------35.84M36.81M54.00M45.59M37.04M
Tax Provision -----------------------------------10.64M9.68M15.84M12.19M11.61M
Net Income 8.81M15.68M10.30M9.96M10.67M16.77M12.62M10.49M13.42M17.22M15.58M8.90M15.27M18.00M14.86M15.05M16.19M20.10M19.55M13.25M17.36M19.85M21.64M23.52M31.41M26.42M22.34M28.47M35.69M33.85M32.66M27.28M27.34M--25.20M37.70M34.85M35.05M25.03M
Diluted EPS 0.751.070.700.680.751.210.910.750.961.231.110.651.121.331.101.121.201.511.460.991.301.480.810.871.170.980.841.071.341.271.221.021.02-0.910.951.431.321.33-

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue ------1.20B1.33B1.41B---1.82B2.07B2.18B2.00B2.44B
Cost of Revenue ------------1.36B1.55B1.67B1.49B1.83B
Gross Profit ---204.77M216.91M244.55M262.06M299.76M323.48M330.39M391.19M393.55M460.98M517.52M511.74M512.12M616.08M
Operating Expenses ------------311.76M347.23M376.51M412.43M449.94M
Operating Income ---58.74M60.10M70.71M75.75M85.73M84.24M79.53M95.28M106.33M149.22M170.29M135.24M99.69M166.15M
EBITDA ------------173.09M185.70M159.17M133.31M201.05M
Interest Expense ------------1.90M4.13M1.43M00
Pretax Income ------------146.88M162.97M135.24M106.12M173.44M
Tax Provision ------------41.28M43.62M37.91M29.68M49.32M
Net Income 12.74M23.73M23.37M34.83M35.27M45.84M44.75M50.56M55.12M63.19M69.08M74.40M105.60M119.36M117.98M104.58M132.64M
Diluted EPS 1.502.782.794.324.373.103.053.603.954.652.572.773.934.484.413.935.03

Compounded Sales Growth

5 Years:5.71%
1 Year:21.70%

Compounded Profit Growth

5 Years:3.58%
1 Year:15.40%

Stock Price Performance

1 Year:+16.11%
6 Months:-9.17%
3 Months:+1.77%
1 Month:-1.38%

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets --389.19M433.69M439.89M553.85M568.27M616.68M741.72M755.47M786.20M909.11M1.08B-1.41B1.65B1.88B1.80B
Current Assets --------------1.10B1.27B1.36B1.43B
Cash & Equivalents 107.79M85.08M75.76M33.78M52.72M80.18M76.17M94.77M109.76M118.20M79.82M86.23M129.56M-103.09M253.02M389.38M410.77M
Inventory --------------243.29M139.69M120.44M200.89M
Receivables --------------504.12M635.37M498.40M653.04M
Total Liabilities --177.21M214.06M201.66M287.46M289.01M297.80M395.80M382.87M361.94M422.97M514.37M-632.56M751.69M908.43M731.98M
Current Liabilities ----172.08M244.12M258.08M273.45M376.49M350.07M328.85M386.64M459.36M-561.33M656.99M799.13M638.14M
Long Term Debt -------------9.90M9.52M12.90M11.32M-
Total Debt --------------174.95M141.29M89.53M119.69M
Total Equity 174.09M185.11M211.98M219.63M238.23M266.38M279.26M318.88M345.92M372.60M424.25M486.14M562.41M-782.26M901.78M970.66M1.07B
Shares Outstanding --------------27.17M27.40M27.58M27.77M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -37.02M-9.40M-21.60M41.27M-8.22M-14.11M33.02M82.77M39.41M-74.17M129.51M--15.43M248.45M302.14M-116.23M
Investing Cash Flow -5.83M-11.10M-38.22M-12.66M-28.80M--50.18M-26.34M-57.68M-96.20M-20.34M-35.76M--18.93M-61.96M-128.87M159.81M
Financing Cash Flow 20.20M11.17M17.85M-9.67M64.46M-54.45M7.81M-16.77M18.46M100.63M-49.80M--20.95M-36.62M-37.58M-22.94M
Capital Expenditure --------------9.38M-7.66M-5.27M-4.43M
Free Cash Flow --------------24.80M240.78M296.87M-120.66M
Net Change in Cash --------------55.30M149.87M135.70M20.64M
Share Buybacks 6.12M2.65M19.42M1.89M13.19M37.69M11.34M30.49M35.24M18.75M14.43M6.95M13.61M7.22M9.85M46.94M-
Dividends Paid -0020.10M108.00K90.00K80.00K00--------

Ratios (Annual)

Figures in %.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ------21.8%22.5%22.9%---25.3%25.0%23.5%25.6%25.2%
Operating Margin % ------6.3%6.4%6.0%---8.2%8.2%6.2%5.0%6.8%
Net Margin % ------3.7%3.8%3.9%---5.8%5.8%5.4%5.2%5.4%
ROE % 6.9%11.2%10.6%14.6%13.2%16.4%14.0%14.6%14.8%14.9%14.2%13.2%-15.3%13.1%10.8%12.4%
ROCE % ---21.9%19.4%22.8%22.1%23.5%20.8%17.4%18.2%17.2%-20.0%13.6%9.2%14.3%

Shareholding Pattern

Insiders
2.24%
Institutions
99.89%
Public Float
102.18%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.17% 4.00M $328.64M
2 River Road Asset Management, LLC 6.16% 1.62M $133.37M
3 Dimensional Fund Advisors LP 4.96% 1.31M $107.57M
4 Vanguard Capital Management LLC 4.42% 1.17M $95.71M
5 Vanguard Portfolio Management LLC 4.17% 1.10M $90.34M
6 State Street Corporation 3.84% 1.01M $83.22M
7 American Century Companies Inc 3.70% 976.21K $80.14M
8 AltraVue Capital, LLC 3.51% 926.65K $76.07M
9 FMR, LLC 2.90% 765.30K $62.82M
10 Geneva Capital Management LLC 2.88% 759.52K $62.35M

Analyst View

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