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. PLUS gets an excellent profitability rating and is at the same time showing great financial health properties. PLUS is valued correctly, 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.
Each year in the past 5 years PLUS has been profitable.
In multiple years PLUS reported negative operating cash flow during the last 5 years.
1.2 Ratios
PLUS has a better Return On Assets (6.58%) than 79.03% of its industry peers.
PLUS has a better Return On Equity (11.60%) than 78.23% of its industry peers.
PLUS has a better Return On Invested Capital (9.34%) than 79.84% of its industry peers.
PLUS had an Average Return On Invested Capital over the past 3 years of 11.86%. This 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
PLUS has a Profit Margin of 5.47%. This is in the better half of the industry: PLUS outperforms 69.35% of its industry peers.
In the last couple of years the Profit Margin of PLUS has grown nicely.
PLUS has a Operating Margin of 6.65%. This is in the better half of the industry: PLUS outperforms 67.74% of its industry peers.
PLUS's Operating Margin has improved in the last couple of years.
PLUS's Gross Margin of 26.96% is in line compared to the rest of the industry. PLUS outperforms 41.94% of its industry peers.
PLUS's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLUS is 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
An Altman-Z score of 4.14 indicates that PLUS is not in any danger for bankruptcy at the moment.
PLUS's Altman-Z score of 4.14 is fine compared to the rest of the industry. PLUS outperforms 62.90% of its industry peers.
PLUS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.14 |
ROIC/WACC1.02
WACC9.15%
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's Current ratio of 2.04 is in line compared to the rest of the industry. PLUS outperforms 42.74% of its industry peers.
PLUS has a Quick Ratio of 1.89. This is a normal value and indicates that PLUS is financially healthy and should not expect problems in meeting its short term obligations.
PLUS has a Quick ratio (1.89) which is in line with 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 7.83% 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.
PLUS shows a decrease in Revenue. In the last year, the revenue decreased by -7.03%.
PLUS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.43% yearly.
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
Based on estimates for the next years, PLUS will show a decrease in Earnings Per Share. The EPS will decrease by -0.48% on average per year.
Based on estimates for the next years, PLUS will show a small growth in Revenue. The Revenue will grow by 1.60% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 cheaply inside the industry as 88.71% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.83. PLUS is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 18.39, the valuation of PLUS can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLUS indicates a rather cheap valuation: PLUS is cheaper than 83.87% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. PLUS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.11 | ||
| Fwd PE | 18.39 |
4.2 Price Multiples
91.94% of the companies in the same industry are more expensive than PLUS, based on the Enterprise Value to EBITDA ratio.
83.87% of the companies in the same industry are more expensive than PLUS, based on the Price/Free Cash Flow ratio.
| 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
PLUS has a Yearly Dividend Yield of 1.36%.
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 is new to the dividend game and has less than 3 years of track record.
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.