EPLUS INC (PLUS) Stock Fundamental Analysis
USA - NASDAQ:PLUS - US2942681071 - Common Stock
84.88 USD
+11.51 (+15.69%)
84.88 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PLUS. PLUS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making PLUS a very profitable company, without any liquidiy or solvency issues. PLUS has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PLUS had positive earnings in the past year.
PLUS had a positive operating cash flow in the past year.
In the past 5 years PLUS has always been profitable.
In multiple years PLUS reported negative operating cash flow during the last 5 years.
1.2 Ratios
PLUS's Return On Assets of 6.58% is fine compared to the rest of the industry. PLUS outperforms 79.03% of its industry peers.
Looking at the Return On Equity, with a value of 11.60%, PLUS is in the better half of the industry, outperforming 78.23% of the companies in the same industry.
PLUS has a Return On Invested Capital of 9.34%. This is in the better half of the industry: PLUS outperforms 79.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLUS is above the industry average of 9.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 11.6% | ||
| ROIC | 9.34% |
ROA(3y)7.06%
ROA(5y)7.43%
ROE(3y)13.05%
ROE(5y)13.67%
ROIC(3y)11.86%
ROIC(5y)12.65%
1.3 Margins
With a decent Profit Margin value of 5.47%, PLUS is doing good in the industry, outperforming 69.35% of the companies in the same industry.
In the last couple of years the Profit Margin of PLUS has grown nicely.
The Operating Margin of PLUS (6.65%) is better than 67.74% of its industry peers.
In the last couple of years the Operating Margin of PLUS has grown nicely.
PLUS has a Gross Margin of 26.96%. This is comparable to the rest of the industry: PLUS outperforms 41.94% of its industry peers.
In the last couple of years the Gross Margin of PLUS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.65% | ||
| PM (TTM) | 5.47% | ||
| GM | 26.96% |
OM growth 3Y-5.37%
OM growth 5Y2.41%
PM growth 3Y-3.45%
PM growth 5Y3.71%
GM growth 3Y2.81%
GM growth 5Y2.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLUS is still creating some value.
Compared to 1 year ago, PLUS has less shares outstanding
PLUS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PLUS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.14 indicates that PLUS is not in any danger for bankruptcy at the moment.
The Altman-Z score of PLUS (4.14) is better than 62.90% of its industry peers.
There is no outstanding debt for PLUS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.14 |
ROIC/WACC1.02
WACC9.15%
2.3 Liquidity
A Current Ratio of 2.04 indicates that PLUS has no problem at all paying its short term obligations.
PLUS has a Current ratio (2.04) which is comparable to the rest of the industry.
A Quick Ratio of 1.89 indicates that PLUS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.89, PLUS perfoms like the industry average, outperforming 57.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.83% over the past year.
Measured over the past years, PLUS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.74% on average per year.
Looking at the last year, PLUS shows a decrease in Revenue. The Revenue has decreased by -7.03% in the last year.
Measured over the past years, PLUS shows a small growth in Revenue. The Revenue has been growing by 5.43% on average per year.
EPS 1Y (TTM)7.83%
EPS 3Y2.05%
EPS 5Y8.74%
EPS Q2Q%12.5%
Revenue 1Y (TTM)-7.03%
Revenue growth 3Y4.34%
Revenue growth 5Y5.43%
Sales Q2Q%18.18%
3.2 Future
The Earnings Per Share is expected to decrease by -0.48% on average over the next years.
PLUS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.60% yearly.
EPS Next Y-10.59%
EPS Next 2Y-0.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.75%
Revenue Next 2Y1.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.11, which indicates a rather expensive current valuation of PLUS.
Based on the Price/Earnings ratio, PLUS is valued cheaper than 88.71% of the companies in the same industry.
PLUS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
With a Price/Forward Earnings ratio of 18.39, PLUS is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PLUS is valued cheaper than 83.87% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, PLUS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.11 | ||
| Fwd PE | 18.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLUS is valued cheaply inside the industry as 91.94% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PLUS is valued cheaply inside the industry as 83.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.47 | ||
| EV/EBITDA | 8.43 |
4.3 Compensation for Growth
The decent profitability rating of PLUS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.96
EPS Next 2Y-0.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.36%, PLUS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.07, PLUS pays a better dividend. On top of this PLUS pays more dividend than 91.13% of the companies listed in the same industry.
With a Dividend Yield of 1.36, PLUS pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
PLUS does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y-0.48%
EPS Next 3YN/A
84.88
+11.51 (+15.69%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.56%
Inst Owner Change-0.54%
Ins Owners1.97%
Ins Owner Change-0.51%
Market Cap2.26B
Revenue(TTM)2.07B
Net Income(TTM)118.34M
Analysts85.71
Price Target93.84 (10.56%)
Short Float %3.09%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.69%
Min EPS beat(2)5.58%
Max EPS beat(2)25.81%
EPS beat(4)2
Avg EPS beat(4)3.15%
Min EPS beat(4)-14.47%
Max EPS beat(4)25.81%
EPS beat(8)3
Avg EPS beat(8)-3.56%
EPS beat(12)7
Avg EPS beat(12)6.74%
EPS beat(16)10
Avg EPS beat(16)9.99%
Revenue beat(2)1
Avg Revenue beat(2)7.08%
Min Revenue beat(2)-6.78%
Max Revenue beat(2)20.93%
Revenue beat(4)1
Avg Revenue beat(4)-1.94%
Min Revenue beat(4)-12.39%
Max Revenue beat(4)20.93%
Revenue beat(8)2
Avg Revenue beat(8)-3.43%
Revenue beat(12)5
Avg Revenue beat(12)0.83%
Revenue beat(16)8
Avg Revenue beat(16)1.33%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.59%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.11 | ||
| Fwd PE | 18.39 | ||
| P/S | 1.05 | ||
| P/FCF | 22.47 | ||
| P/OCF | 21.31 | ||
| P/B | 2.22 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 8.43 |
EPS(TTM)4.96
EY5.84%
EPS(NY)4.62
Fwd EY5.44%
FCF(TTM)3.78
FCFY4.45%
OCF(TTM)3.98
OCFY4.69%
SpS81.17
BVpS38.32
TBVpS27.83
PEG (NY)N/A
PEG (5Y)1.96
Graham Number65.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 11.6% | ||
| ROCE | 12.94% | ||
| ROIC | 9.34% | ||
| ROICexc | 16.45% | ||
| ROICexgc | 29.51% | ||
| OM | 6.65% | ||
| PM (TTM) | 5.47% | ||
| GM | 26.96% | ||
| FCFM | 4.65% |
ROA(3y)7.06%
ROA(5y)7.43%
ROE(3y)13.05%
ROE(5y)13.67%
ROIC(3y)11.86%
ROIC(5y)12.65%
ROICexc(3y)15.62%
ROICexc(5y)16.4%
ROICexgc(3y)22.51%
ROICexgc(5y)23.6%
ROCE(3y)16.48%
ROCE(5y)17.62%
ROICexgc growth 3Y-1.93%
ROICexgc growth 5Y2.68%
ROICexc growth 3Y-8.34%
ROICexc growth 5Y-0.08%
OM growth 3Y-5.37%
OM growth 5Y2.41%
PM growth 3Y-3.45%
PM growth 5Y3.71%
GM growth 3Y2.81%
GM growth 5Y2.24%
F-Score6
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 17.6% | ||
| Cap/Sales | 0.25% | ||
| Interest Coverage | 83.88 | ||
| Cash Conversion | 60.65% | ||
| Profit Quality | 85% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.89 | ||
| Altman-Z | 4.14 |
F-Score6
WACC9.15%
ROIC/WACC1.02
Cap/Depr(3y)35.21%
Cap/Depr(5y)51.72%
Cap/Sales(3y)0.39%
Cap/Sales(5y)0.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.83%
EPS 3Y2.05%
EPS 5Y8.74%
EPS Q2Q%12.5%
EPS Next Y-10.59%
EPS Next 2Y-0.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.03%
Revenue growth 3Y4.34%
Revenue growth 5Y5.43%
Sales Q2Q%18.18%
Revenue Next Year3.75%
Revenue Next 2Y1.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-4.74%
EBIT growth 3Y-1.26%
EBIT growth 5Y7.97%
EBIT Next Year6.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y81.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y59.24%
OCF growth 3YN/A
OCF growth 5YN/A
EPLUS INC / PLUS FAQ
Can you provide the ChartMill fundamental rating for EPLUS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PLUS.
What is the valuation status for PLUS stock?
ChartMill assigns a valuation rating of 6 / 10 to EPLUS INC (PLUS). This can be considered as Fairly Valued.
How profitable is EPLUS INC (PLUS) stock?
EPLUS INC (PLUS) has a profitability rating of 7 / 10.
What is the financial health of EPLUS INC (PLUS) stock?
The financial health rating of EPLUS INC (PLUS) is 8 / 10.
Can you provide the expected EPS growth for PLUS stock?
The Earnings per Share (EPS) of EPLUS INC (PLUS) is expected to decline by -10.59% in the next year.