EPLUS INC (PLUS) Stock Fundamental Analysis
NASDAQ:PLUS - US2942681071 - Common Stock
72.37 USD
-0.59 (-0.81%)
72.37 USD
0 (0%)
Overall PLUS gets a fundamental rating of 6 out of 10. We evaluated PLUS against 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
In the past year PLUS was profitable.
In the past year PLUS had a positive cash flow from operations.
PLUS had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: PLUS reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of PLUS (6.58%) is better than 82.26% of its industry peers.
PLUS has a Return On Equity of 11.60%. This is in the better half of the industry: PLUS outperforms 79.84% of its industry peers.
With an excellent Return On Invested Capital value of 9.34%, PLUS belongs to the best of the industry, outperforming 81.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLUS is above the industry average of 9.70%.
| 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
The Profit Margin of PLUS (5.47%) is better than 71.77% of its industry peers.
In the last couple of years the Profit Margin of PLUS has grown nicely.
PLUS has a better Operating Margin (6.65%) than 70.16% of its industry peers.
PLUS's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.96%, PLUS perfoms like the industry average, outperforming 43.55% of the companies in the same industry.
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.
PLUS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PLUS has less shares outstanding
Compared to 1 year ago, PLUS has an improved debt to assets ratio.
2.2 Solvency
PLUS has an Altman-Z score of 4.13. This indicates that PLUS is financially healthy and has little risk of bankruptcy at the moment.
PLUS has a Altman-Z score of 4.13. This is in the better half of the industry: PLUS outperforms 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 | 4.13 |
ROIC/WACC0.99
WACC9.46%
2.3 Liquidity
PLUS has a Current Ratio of 2.04. This indicates that PLUS is financially healthy and has no problem in meeting its short term obligations.
PLUS has a Current ratio (2.04) which is in line with its industry peers.
A Quick Ratio of 1.89 indicates that PLUS should not have too much problems paying its short term obligations.
PLUS has a Quick ratio of 1.89. This is comparable to the rest of the industry: PLUS outperforms 58.87% of its industry peers.
| 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 3.23% over the past year.
PLUS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.74% yearly.
Looking at the last year, PLUS shows a decrease in Revenue. The Revenue has decreased by -1.55% in the last year.
The Revenue has been growing slightly by 5.43% on average over the past years.
EPS 1Y (TTM)3.23%
EPS 3Y2.05%
EPS 5Y8.74%
EPS Q2Q%11.5%
Revenue 1Y (TTM)-1.55%
Revenue growth 3Y4.34%
Revenue growth 5Y5.43%
Sales Q2Q%17.04%
3.2 Future
The Earnings Per Share is expected to decrease by -0.48% on average over the next years.
The Revenue is expected to grow by 1.60% on average over the next years.
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
With a Price/Earnings ratio of 15.11, PLUS is valued correctly.
91.94% of the companies in the same industry are more expensive than PLUS, based on the Price/Earnings ratio.
PLUS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.08.
A Price/Forward Earnings ratio of 15.68 indicates a correct valuation of PLUS.
PLUS's Price/Forward Earnings ratio is rather cheap when compared to the industry. PLUS is cheaper than 85.48% of the companies in the same industry.
PLUS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.11 | ||
| Fwd PE | 15.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PLUS indicates a rather cheap valuation: PLUS is cheaper than 94.35% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PLUS is valued cheaper than 84.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.16 | ||
| EV/EBITDA | 8.37 |
4.3 Compensation for Growth
The decent profitability rating of PLUS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.73
EPS Next 2Y-0.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.41%, PLUS has a reasonable but not impressive dividend return.
PLUS's Dividend Yield is rather good when compared to the industry average which is at 1.59. PLUS pays more dividend than 89.52% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.34, PLUS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
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
72.37
-0.59 (-0.81%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners99.82%
Inst Owner Change-1.9%
Ins Owners1.99%
Ins Owner Change-1.1%
Market Cap1.93B
Analysts85.71
Price Target93.84 (29.67%)
Short Float %2.4%
Short Ratio3.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
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)19.48%
EPS NQ rev (1m)-25.59%
EPS NQ rev (3m)-26.74%
EPS NY rev (1m)-14.72%
EPS NY rev (3m)-11.29%
Revenue NQ rev (1m)-3.7%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)3.7%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.11 | ||
| Fwd PE | 15.68 | ||
| P/S | 0.89 | ||
| P/FCF | 19.16 | ||
| P/OCF | 18.17 | ||
| P/B | 1.89 | ||
| P/tB | 2.6 | ||
| EV/EBITDA | 8.37 |
EPS(TTM)4.79
EY6.62%
EPS(NY)4.62
Fwd EY6.38%
FCF(TTM)3.78
FCFY5.22%
OCF(TTM)3.98
OCFY5.5%
SpS81.17
BVpS38.32
TBVpS27.83
PEG (NY)N/A
PEG (5Y)1.73
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%
ROICexcg growth 3Y-1.93%
ROICexcg 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 | 4.13 |
F-Score6
WACC9.46%
ROIC/WACC0.99
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)3.23%
EPS 3Y2.05%
EPS 5Y8.74%
EPS Q2Q%11.5%
EPS Next Y-10.59%
EPS Next 2Y-0.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.55%
Revenue growth 3Y4.34%
Revenue growth 5Y5.43%
Sales Q2Q%17.04%
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 Year20.29%
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