ePlus inc., through its subsidiaries, provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States.
Proven track record and fair value.
Share Price & News
How has ePlus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLE's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MLE underperformed the German Electronic industry which returned -25.6% over the past year.
Return vs Market: MLE underperformed the German Market which returned -16.6% over the past year.
Price Volatility Vs. Market
How volatile is ePlus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ePlus undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MLE (€54.5) is trading below our estimate of fair value (€64.88)
Significantly Below Fair Value: MLE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MLE is good value based on its PE Ratio (11.3x) compared to the Electronic industry average (18.6x).
PE vs Market: MLE is good value based on its PE Ratio (11.3x) compared to the German market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: MLE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MLE is overvalued based on its PB Ratio (1.7x) compared to the DE Electronic industry average (1.2x).
How is ePlus forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MLE's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: MLE's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: MLE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MLE's revenue (1.8% per year) is forecast to grow slower than the German market (3.9% per year).
High Growth Revenue: MLE's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MLE's Return on Equity is forecast to be low in 3 years time (11.1%).
How has ePlus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLE has a high level of non-cash earnings.
Growing Profit Margin: MLE's current net profit margins (4.6%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: MLE's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: MLE's earnings growth over the past year (24.3%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: MLE earnings growth over the past year (24.3%) exceeded the Electronic industry -12.3%.
Return on Equity
High ROE: MLE's Return on Equity (15%) is considered low.
How is ePlus's financial position?
Financial Position Analysis
Short Term Liabilities: MLE's short term assets ($690.0M) exceed its short term liabilities ($439.5M).
Long Term Liabilities: MLE's short term assets ($690.0M) exceed its long term liabilities ($40.6M).
Debt to Equity History and Analysis
Debt Level: MLE's debt to equity ratio (45.1%) is considered high.
Reducing Debt: MLE's debt to equity ratio has reduced from 67.6% to 45.1% over the past 5 years.
Debt Coverage: MLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MLE's interest payments on its debt are well covered by EBIT.
What is ePlus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MLE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MLE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MLE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MLE's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Marron (57yo)
Mr. Mark P. Marron serves as President and Chief Executive Officer at ePlus inc. since August 1, 2016 and has been its Director since November 14, 2018. Mr. Marron began his career at ePlus Technology, inc ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD3.18M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|CEO, President & Director||3.67yrs||US$3.18m||0.64% $4.3m|
|Chief Financial Officer||11.58yrs||US$1.69m||0.41% $2.8m|
|Chief Operating Officer||1.92yrs||US$1.80m||0.30% $2.0m|
|Chief Information Officer||1.75yrs||no data||no data|
|Senior VP of Corporate Development & Assistant Secretary||no data||US$424.16k||no data|
|Chief Compliance Officer||19.08yrs||no data||no data|
|Vice President of Marketing||1.67yrs||no data||no data|
|Vice President of Human Resources||1.67yrs||no data||no data|
|Senior Vice President of Business Operations||no data||US$626.33k||no data|
|Senior Vice President of Sales||no data||no data||no data|
Experienced Management: MLE's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|CEO, President & Director||3.67yrs||US$3.18m||0.64% $4.3m|
|SVP, Business Development||30.25yrs||US$200.75k||0.14% $946.0k|
|Independent Director||13.42yrs||US$151.79k||0.20% $1.3m|
|Independent Chairman||0.58yr||US$151.79k||0.15% $984.3k|
|Independent Director||9.75yrs||US$151.79k||0.077% $518.2k|
|Independent Director||5.58yrs||US$151.79k||0.067% $445.5k|
|Independent Director||0.75yr||no data||0.0087% $58.3k|
|Independent Director||1.83yrs||US$158.46k||0.015% $99.7k|
Experienced Board: MLE's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MLE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ePlus inc.'s company bio, employee growth, exchange listings and data sources
- Name: ePlus inc.
- Ticker: MLE
- Exchange: DB
- Founded: 1990
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$721.719m
- Listing Market Cap: US$668.962m
- Shares outstanding: 13.51m
- Website: https://www.eplus.com
Number of Employees
- ePlus inc.
- 13595 Dulles Technology Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLUS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 1996|
|MLE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1996|
|MLE||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Nov 1996|
ePlus inc., through its subsidiaries, provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally-provided and outsourced services; and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. The Financing segment specializes in arrangements, such as direct financing, sales-type, and operating leases; loans and consumption-based financing arrangements; and underwriting and management of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, communication-related equipment, and medical equipment; and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, and educational institutions. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 21:05|
|End of Day Share Price||2020/04/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.