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PLUS

ePlusNasdaqGS:PLUS Stock Report

Market Cap

US$1.5b

7D

2.5%

1Y

47.5%

Updated

19 Oct, 2021

Data

Company Financials +
PLUS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

PLUS Overview

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally.

ePlus Competitors

CDW

NasdaqGS:CDW

US$25.8b

TD SYNNEX

NYSE:SNX

US$10.3b

Arrow Electronics

NYSE:ARW

US$8.5b

Insight Enterprises

NasdaqGS:NSIT

US$3.3b

Price History & Performance

Summary of all time highs, changes and price drops for ePlus
Historical stock prices
Current Share PriceUS$108.51
52 Week HighUS$66.91
52 Week LowUS$111.60
Beta1.34
1 Month Change5.85%
3 Month Change19.62%
1 Year Change47.51%
3 Year Change24.72%
5 Year Change135.64%
Change since IPO2,184.42%

Recent News & Updates

Oct 06
ePlus (NASDAQ:PLUS) Will Be Hoping To Turn Its Returns On Capital Around

ePlus (NASDAQ:PLUS) Will Be Hoping To Turn Its Returns On Capital Around

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Sep 23
These 4 Measures Indicate That ePlus (NASDAQ:PLUS) Is Using Debt Reasonably Well

These 4 Measures Indicate That ePlus (NASDAQ:PLUS) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 10
Shareholders Will Probably Not Have Any Issues With ePlus inc.'s (NASDAQ:PLUS) CEO Compensation

Shareholders Will Probably Not Have Any Issues With ePlus inc.'s (NASDAQ:PLUS) CEO Compensation

Performance at ePlus inc. ( NASDAQ:PLUS ) has been reasonably good and CEO Mark Marron has done a decent job of...

Sep 03
Should You Be Adding ePlus (NASDAQ:PLUS) To Your Watchlist Today?

Should You Be Adding ePlus (NASDAQ:PLUS) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Aug 21
Is It Too Late To Consider Buying ePlus inc. (NASDAQ:PLUS)?

Is It Too Late To Consider Buying ePlus inc. (NASDAQ:PLUS)?

While ePlus inc. ( NASDAQ:PLUS ) might not be the most widely known stock at the moment, it received a lot of attention...

Shareholder Returns

PLUSUS ElectronicUS Market
7D2.5%4.7%4.0%
1Y47.5%35.1%30.5%

Return vs Industry: PLUS exceeded the US Electronic industry which returned 34.7% over the past year.

Return vs Market: PLUS exceeded the US Market which returned 30% over the past year.

Price Volatility

Is PLUS's price volatile compared to industry and market?
PLUS volatility
PLUS Beta1.34
Industry Beta1.33
Market Beta1

Stable Share Price: PLUS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PLUS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19901,547Mark Marronhttps://www.eplus.com

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. 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 professional and managed services, including ePlus managed, professional, security, ePlus cloud consulting, staff augmentation, server and desktop support, and project management services.

ePlus Fundamentals Summary

How do ePlus's earnings and revenue compare to its market cap?
PLUS fundamental statistics
Market CapUS$1.47b
Earnings (TTM)US$80.56m
Revenue (TTM)US$1.63b

18.2x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLUS income statement (TTM)
RevenueUS$1.63b
Cost of RevenueUS$1.21b
Gross ProfitUS$385.26m
ExpensesUS$304.71m
EarningsUS$80.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.96
Gross Margin23.64%
Net Profit Margin4.94%
Debt/Equity Ratio29.4%

How did PLUS perform over the long term?

See historical performance and comparison

Valuation

Is ePlus undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PLUS ($108.51) is trading below our estimate of fair value ($395.33)

Significantly Below Fair Value: PLUS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PLUS is good value based on its PE Ratio (18.2x) compared to the US Electronic industry average (20.7x).

PE vs Market: PLUS's PE Ratio (18.2x) is in line with the US market.


Price to Earnings Growth Ratio

PEG Ratio: PLUS is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: PLUS is good value based on its PB Ratio (2.5x) compared to the US Electronic industry average (2.6x).


Future Growth

How is ePlus forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLUS's forecast earnings growth (4.7% per year) is above the savings rate (2%).

Earnings vs Market: PLUS's earnings (4.7% per year) are forecast to grow slower than the US market (15.1% per year).

High Growth Earnings: PLUS's earnings are forecast to grow, but not significantly.

Revenue vs Market: PLUS's revenue (5.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: PLUS's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PLUS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has ePlus performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLUS has high quality earnings.

Growing Profit Margin: PLUS's current net profit margins (4.9%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: PLUS's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: PLUS's earnings growth over the past year (14.7%) exceeds its 5-year average (10% per year).

Earnings vs Industry: PLUS earnings growth over the past year (14.7%) underperformed the Electronic industry 44.3%.


Return on Equity

High ROE: PLUS's Return on Equity (13.8%) is considered low.


Financial Health

How is ePlus's financial position?


Financial Position Analysis

Short Term Liabilities: PLUS's short term assets ($774.2M) exceed its short term liabilities ($446.4M).

Long Term Liabilities: PLUS's short term assets ($774.2M) exceed its long term liabilities ($47.4M).


Debt to Equity History and Analysis

Debt Level: PLUS's debt to equity ratio (29.4%) is considered satisfactory.

Reducing Debt: PLUS's debt to equity ratio has reduced from 65% to 29.4% over the past 5 years.

Debt Coverage: PLUS's debt is well covered by operating cash flow (33.7%).

Interest Coverage: PLUS's interest payments on its debt are well covered by EBIT (364.2x coverage).


Balance Sheet


Dividend

What is ePlus's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLUS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLUS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PLUS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLUS'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 PLUS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Mark Marron (59 yo)

5.17yrs

Tenure

US$3,839,946

Compensation

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 ($USD3.84M) is about average for companies of similar size in the US market ($USD3.53M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PLUS's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: PLUS's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ePlus inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ePlus inc.
  • Ticker: PLUS
  • Exchange: NasdaqGS
  • Founded: 1990
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: US$1.466b
  • Shares outstanding: 13.51m
  • Website: https://www.eplus.com

Number of Employees


Location

  • ePlus inc.
  • 13595 Dulles Technology Drive
  • Herndon
  • Virginia
  • 20171-3413
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:34
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.