EPLUS INC (PLUS) Stock Fundamental Analysis
USA - NASDAQ:PLUS - US2942681071 - Common Stock
74.08 USD
-0.39 (-0.52%)
74.081 USD
0 (0%)
PLUS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 125 industry peers in the Electronic Equipment, Instruments & Components industry. PLUS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PLUS has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
In the past 5 years PLUS has always been profitable.
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
With an excellent Return On Assets value of 6.58%, PLUS belongs to the best of the industry, outperforming 81.60% of the companies in the same industry.
PLUS has a Return On Equity of 11.60%. This is in the better half of the industry: PLUS outperforms 79.20% of its industry peers.
The Return On Invested Capital of PLUS (9.34%) is better than 81.60% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLUS is above the industry average of 9.48%.
| 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's Profit Margin of 5.47% is fine compared to the rest of the industry. PLUS outperforms 71.20% of its industry peers.
In the last couple of years the Profit Margin of PLUS has grown nicely.
PLUS's Operating Margin of 6.65% is fine compared to the rest of the industry. PLUS outperforms 69.60% 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 42.40% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLUS is still creating some value.
The number of shares outstanding for PLUS has been reduced compared to 1 year ago.
The number of shares outstanding for PLUS has been reduced compared to 5 years ago.
PLUS has a better debt/assets ratio than last year.
2.2 Solvency
PLUS has an Altman-Z score of 4.15. This indicates that PLUS is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.15, PLUS is doing good in the industry, outperforming 62.40% of the companies in the same industry.
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 | 4.15 |
ROIC/WACC1
WACC9.37%
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 comparable to the rest of the industry.
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.
The Quick ratio of PLUS (1.89) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
PLUS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.23%.
The Earnings Per Share has been growing by 8.74% on average over the past years. This is quite good.
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
PLUS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.48% yearly.
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
A Price/Earnings ratio of 15.47 indicates a correct valuation of PLUS.
PLUS's Price/Earnings ratio is rather cheap when compared to the industry. PLUS is cheaper than 89.60% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.38, PLUS is valued a bit cheaper.
PLUS is valuated correctly with a Price/Forward Earnings ratio of 16.05.
PLUS's Price/Forward Earnings ratio is rather cheap when compared to the industry. PLUS is cheaper than 84.80% 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 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.47 | ||
| Fwd PE | 16.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLUS is valued cheaply inside the industry as 94.40% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLUS indicates a rather cheap valuation: PLUS is cheaper than 84.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.61 | ||
| EV/EBITDA | 8.54 |
4.3 Compensation for Growth
The decent profitability rating of PLUS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.77
EPS Next 2Y-0.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLUS has a Yearly Dividend Yield of 1.34%.
PLUS's Dividend Yield is rather good when compared to the industry average which is at 2.20. PLUS pays more dividend than 90.40% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, PLUS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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
74.08
-0.39 (-0.52%)
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-1.9%
Ins Owners1.97%
Ins Owner Change-1.1%
Market Cap1.97B
Analysts85.71
Price Target93.84 (26.67%)
Short Float %3.13%
Short Ratio4.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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)-27.59%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.47 | ||
| Fwd PE | 16.05 | ||
| P/S | 0.91 | ||
| P/FCF | 19.61 | ||
| P/OCF | 18.6 | ||
| P/B | 1.93 | ||
| P/tB | 2.66 | ||
| EV/EBITDA | 8.54 |
EPS(TTM)4.79
EY6.47%
EPS(NY)4.62
Fwd EY6.23%
FCF(TTM)3.78
FCFY5.1%
OCF(TTM)3.98
OCFY5.38%
SpS81.17
BVpS38.32
TBVpS27.83
PEG (NY)N/A
PEG (5Y)1.77
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 | 4.15 |
F-Score6
WACC9.37%
ROIC/WACC1
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 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