PLUS - ePlus Inc Stock Price, Fair Value and News

75.74USD+0.31 (+0.41%)Delayed as of 18 Apr 2024, 10:53 am ET

Market Summary

USD75.74+0.31

Delayedas of 18 Apr 2024, 10:53 am

0.41%

PLUS Alerts

1 major insider sales recently.

PLUS Stock Price

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PLUS RSI Chart

PLUS Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

16.05

Price/Sales (Trailing)

0.94

EV/EBITDA

9.66

Price/Free Cashflow

7.39

PLUS Price/Sales (Trailing)

PLUS Profitability

EBT Margin

7.96%

Return on Equity

14.43%

Return on Assets

7.94%

Free Cashflow Yield

13.53%

PLUS Fundamentals

PLUS Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

-18.35%

Rev. Growth (Qtr)

-13.37%

PLUS Earnings

Earnings (TTM)

126.6M

Earnings Growth (Yr)

-23.57%

Earnings Growth (Qtr)

-16.48%

Breaking Down PLUS Revenue

52 Week Range

41.7175.95

(Low)(High)

Last 7 days

-1.1%

Last 30 days

-1.8%

Last 90 days

-0.2%

Trailing 12 Months

49.8%

How does PLUS drawdown profile look like?

PLUS Financial Health

Current Ratio

1.93

PLUS Investor Care

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

4.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.1B	2.2B	2.3B	2.2B
2022	1.8B	1.9B	1.9B	2.0B
2021	1.6B	1.6B	1.7B	1.7B
2020	1.6B	1.6B	1.6B	1.6B
2019	1.4B	1.4B	1.5B	1.5B
2018	1.4B	1.4B	1.4B	1.4B
2017	1.3B	1.4B	1.4B	1.4B
2016	1.2B	1.2B	1.3B	1.3B
2015	1.1B	1.1B	1.2B	1.2B
2014	1.1B	1.1B	1.1B	1.1B
2013	997.7M	1.0B	1.0B	1.0B
2012	825.6M	906.0M	962.4M	980.4M
2011	718.5M	708.4M	679.0M	673.1M
2010	550.6M	592.6M	634.6M	676.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of ePlus Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	bowen bruce m	acquired	-	-	280	-
Mar 15, 2024	marion elaine d	sold	-390,143	78.0285	-5,000	chief financial officer
Feb 26, 2024	raiguel darren s	sold	-92,000	80.00	-1,150	chief operating officer
Feb 20, 2024	raiguel darren s	sold	-305,814	79.4323	-3,850	chief operating officer
Feb 20, 2024	callies john e	sold	-103,554	79.17	-1,308	-
Jan 02, 2024	hovde eric d	acquired	-	-	268	-
Jan 02, 2024	bowen bruce m	acquired	-	-	268	-
Dec 29, 2023	bowen bruce m	gifted	-	-	-2,500	-
Dec 29, 2023	marron mark p	gifted	-	-	-3,100	chief executive officer
Dec 29, 2023	raiguel darren s	acquired	4,954	47.64	104	chief operating officer

Which funds bought or sold PLUS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	CAMPBELL NEWMAN ASSET MANAGEMENT INC	added	33.91	613,860	2,548,620	0.21%
Apr 16, 2024	SummerHaven Investment Management, LLC	added	0.95	-7,002	1,006,650	0.63%
Apr 15, 2024	Ellsworth Advisors, LLC	sold off	-100	-487,184	-	-%
Apr 15, 2024	Legato Capital Management LLC	added	8.99	446,473	6,631,920	0.80%
Apr 15, 2024	WEST PACES ADVISORS INC.	sold off	-100	-3,832	-	-%
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	unchanged	-	206	472	-%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-74,092	-	-%
Apr 12, 2024	Bridge City Capital, LLC	new	-	1,802,180	1,802,180	0.66%
Apr 09, 2024	Rise Advisors, LLC	new	-	16,336	16,336	0.01%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	unchanged	-	-74.00	4,477	-%

Are Funds Buying or Selling PLUS?

Are funds buying PLUS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PLUS

No. of Funds

PLUS Alerts

1 major insider sales recently.

Unveiling ePlus Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.92%	2,403,588	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.6%	1,502,961	SC 13G/A
Jan 30, 2024	river road asset management, llc	5.7%	1,537,959	SC 13G/A
Jan 19, 2024	blackrock inc.	17.9%	4,817,402	SC 13G/A
Feb 10, 2023	wcm investment management, llc	2.6%	704,781	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.5%	1,485,138	SC 13G/A
Feb 10, 2023	geneva capital management llc	5.7%	1,544,898	SC 13G
Feb 09, 2023	vanguard group inc	7.85%	2,111,123	SC 13G/A
Feb 08, 2023	river road asset management, llc	7.1%	1,900,459	SC 13G/A
Jan 26, 2023	blackrock inc.	17.6%	4,732,927	SC 13G/A

Recent SEC filings of ePlus Inc

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	4	Insider Trading
Mar 28, 2024	8-K	Current Report
Mar 19, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent
Feb 27, 2024	4	Insider Trading
Feb 26, 2024	144	Notice of Insider Sale Intent
Feb 22, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 20, 2024	144	Notice of Insider Sale Intent
Feb 20, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to ePlus Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	268.0B	34.9B	-8.06%	39.18%	64.79	7.69	11.18%	1888.46%
UBER	149.4B	37.3B	-4.97%	126.73%	79.16	4.01	16.95%	120.64%
ADSK	46.0B	5.3B	-15.78%	8.85%	50.14	8.6	9.15%	48.14%
ANSS	28.4B	2.3B	-2.82%	1.38%	56.66	12.49	9.90%	-4.45%
ZM	17.8B	4.5B	-10.77%	-12.15%	27.88	3.93	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-2.15%	66.67%	2.9K	12.45	31.48%	103.97%
LYFT	6.7B	4.4B	-3.62%	67.80%	-19.59	1.51	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.2B	881.7M	-11.74%	32.17%	39.94	3.64	4.64%	44.42%
AI	2.5B	296.4M	-29.09%	-9.49%	-9.13	8.37	11.14%	-3.59%
AGYS	2.3B	228.1M	5.25%	-2.33%	25.81	9.88	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	189.8M	572.4M	-33.69%	-85.09%	-0.96	0.33	-19.38%	-489.49%
ASUR	180.2M	119.1M	-15.04%	-58.05%	-19.56	1.51	24.27%	36.31%
AEYE	145.7M	31.3M	38.43%	88.82%	-24.82	4.65	4.69%	43.72%

ePlus Inc News

Latest updates

ePlus Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-13.4%	509	588	574	492	623	494	458	452	495	458	417	353	428	433	355	366	429	412	381	325	346
Gross Profit	-7.3%	134	144	142	132	138	133	114	115	117	123	106	98.00	98.00	99.00	99.00	92.00	104	103	93.00	81.00	83.00
Operating Expenses	-3.8%	96.00	100	96.00	90.00	92.00	89.00	80.00	81.00	81.00	79.00	73.00	74.00	69.00	70.00	74.00	74.00	77.00	75.00	70.00	67.00	63.00
S&GA Expenses	-3.5%	89.00	93.00	90.00	85.00	87.00	85.00	77.00	77.00	77.00	75.00	69.00	70.00	65.00	67.00	69.00	70.00	73.00	71.00	66.00	63.00	60.00
EBITDA Margin	0.3%	0.09*	0.09*	0.09*	0.09*	0.08*	0.08*	0.09*	0.09*	0.09*	0.09*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	-19.4%	1.00	1.00	1.00	1.00	2.00	1.00	0.00	1.00	1.00	0.00	0.00	1.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00
Income Taxes	-9.9%	11.00	12.00	13.00	9.00	14.00	12.00	9.00	10.00	10.00	13.00	9.00	8.00	8.00	9.00	8.00	4.00	8.00	8.00	7.00	5.00	6.00
Earnings Before Taxes	-14.6%	38.00	45.00	47.00	42.00	49.00	40.00	31.00	34.00	36.00	44.00	33.00	23.00	30.00	29.00	25.00	18.00	27.00	28.00	23.00	20.00	21.00
EBT Margin	-1.0%	0.08*	0.08*	0.08*	0.08*	0.08*	0.07*	0.08*	0.08*	0.08*	0.08*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-16.5%	27.00	33.00	34.00	33.00	36.00	28.00	22.00	24.00	26.00	31.00	24.00	16.00	22.00	20.00	17.00	13.00	20.00	20.00	16.00	15.00	15.00
Net Income Margin	-1.3%	0.06*	0.06*	0.06*	0.06*	0.05*	0.05*	0.06*	0.06*	0.06*	0.06*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	326.3%	133	31.00	-20.90	132	-27.37	-16.73	-102	101	13.00	-69.87	-65.14	124	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.4%	1,596	1,619	1,681	1,415	1,598	1,371	1,256	1,166	1,255	1,140	1,077	1,077	1,126	1,039	1,059	909	953	914	875	786	798
Current Assets	-3.9%	1,219	1,269	1,276	1,095	1,293	1,070	985	897	961	830	774	778	827	768	807	650	690	642	626	560	613
Cash Equivalents	72.3%	142	82.00	102	103	99.00	100	83.00	155	106	57.00	94.00	130	86.00	161	144	86.00	60.00	56.00	36.00	80.00	84.00
Inventory	-1.8%	218	222	244	243	245	275	247	155	148	135	78.00	70.00	81.00	74.00	93.00	50.00	61.00	57.00	58.00	50.00	51.00
Goodwill	0.1%	158	158	158	136	136	136	10.00	127	127	127	127	127	8.00	118	118	118	118	118	111	111	76.00
Liabilities	-7.1%	718	773	868	633	851	666	580	505	616	526	494	514	581	516	556	423	480	464	446	362	389
Current Liabilities	-9.8%	631	700	801	561	794	607	534	460	567	476	446	459	531	476	520	387	439	421	407	329	361
Shareholder's Equity	3.8%	878	846	813	782	746	706	676	661	639	614	584	562	545	523	503	486	472	450	429	424	409
Retained Earnings	3.9%	721	694	661	627	594	559	530	508	484	540	508	485	469	447	428	410	397	377	357	341	326
Additional Paid-In Capital	2.4%	177	173	171	167	165	163	161	159	158	156	154	152	151	149	147	145	143	141	139	137	135
Shares Outstanding	0.0%	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	1,092	-	-	-	1,355	-	-	-	967	-	-	-	1,003	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	326.3%	133,156	31,236	-20,900	131,613	-27,367	-16,728	-102,943	100,971	13,462	-69,868	-65,136	124,263	-3,164	2,014	6,394	554	-20,324	32,990	-87,394	37,239	19,257
Share Based Compensation	4.6%	2,526	2,414	2,205	2,144	1,950	1,958	1,773	1,787	1,800	1,800	1,700	1,706	1,800	1,800	1,900	1,954	2,000	2,100	1,900	1,784	1,900
Cashflow From Investing	-121.6%	-2,004	9,263	-63,097	-3,302	-3,330	-10,602	-1,692	17,189	-4,758	-7,539	-6,151	-5,097	-27,848	-652	-2,159	-295	-1,994	-16,824	-1,226	-48,196	-10,072
Cashflow From Financing	-18.8%	-71,265	-59,991	82,605	-124,505	32,213	40,231	31,111	-68,820	40,214	40,288	35,494	-76,184	-43,348	15,690	54,040	25,986	26,292	4,029	44,327	6,655	-520
Buy Backs	65.1%	1,464	887	7,465	-	-	-	7,224	4,142	2,592	3,067	3,807	-	2,461	1,784	2,703	733	-	374	13,318	2,493	6,126

PLUS Income Statement

2023-12-31

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Net sales
Total	$ 509,055	$ 623,476	$ 1,670,841	$ 1,575,541
Cost of sales
Total	375,245	485,104	1,250,393	1,190,342
Gross profit	133,810	138,372	420,448	385,199
Selling, general, and administrative	89,381	86,730	272,331	248,201
Depreciation and amortization	5,399	3,609	15,821	10,387
Interest and financing costs	983	1,575	3,054	2,863
Operating expenses	95,763	91,914	291,206	261,451
Operating income	38,047	46,458	129,242	123,748
Other income (expense), net	366	2,907	673	(3,112)
Earnings before tax	38,413	49,365	129,915	120,636
Provision for income taxes	11,131	13,671	36,122	34,134
Net earnings	$ 27,282	$ 35,694	$ 93,793	$ 86,502
Net earnings per common share-basic (in dollars per share)	$ 1.02	$ 1.34	$ 3.53	$ 3.26
Net earnings per common share-diluted (in dollars per share)	$ 1.02	$ 1.34	$ 3.52	$ 3.24
Weighted average common shares outstanding-basic (in shares)	26,618	26,592	26,598	26,561
Weighted average common shares outstanding-diluted (in shares)	26,697	26,648	26,665	26,688
Product [Member]
Net sales
Total	$ 434,371	$ 556,018	$ 1,457,636	$ 1,379,813
Cost of sales
Total	328,908	441,015	1,116,046	1,062,352
Services [Member]
Net sales
Total	74,684	67,458	213,205	195,728
Cost of sales
Total	$ 46,337	$ 44,089	$ 134,347	$ 127,990

PLUS Balance Sheet

2023-12-31

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 142,170	$ 103,093
Accounts receivable-trade, net	597,363	504,122
Accounts receivable-other, net	50,055	55,508
Inventories	218,046	243,286
Financing receivables-net, current	110,344	89,829
Deferred costs	54,279	44,191
Other current assets	47,057	55,101
Total current assets	1,219,314	1,095,130
Financing receivables and operating leases-net	87,012	84,417
Deferred tax asset	3,682	3,682
Property, equipment, and other assets-net	84,335	70,447
Goodwill	158,284	136,105
Other intangible assets-net	42,970	25,045
TOTAL ASSETS	1,595,597	1,414,826
Current liabilities:
Accounts payable	294,705	220,159
Accounts payable-floor plan	92,518	134,615
Salaries and commissions payable	45,372	37,336
Deferred revenue	130,352	114,028
Other current liabilities	32,351	24,372
Total current liabilities	631,463	561,326
Non-recourse notes payable - long-term	12,233	9,522
Deferred tax liability	561	715
Other liabilities	73,587	60,998
TOTAL LIABILITIES	717,844	632,561
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding	0	0
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,954 outstanding at December 31, 2023 and 26,905 outstanding at March 31, 2023	274	272
Additional paid-in capital	177,465	167,303
Treasury stock, at cost, 446 shares at December 31, 2023 and 261 shares at March 31, 2023	(23,774)	(14,080)
Retained earnings	720,995	627,202
Accumulated other comprehensive income-foreign currency translation adjustment	2,793	1,568
Total Stockholders' Equity	877,753	782,265
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,595,597	1,414,826
Recourse [Member]
Current liabilities:
Notes payable-current	0	5,997
Non-recourse [Member]
Current liabilities:
Notes payable-current	$ 36,165	$ 24,819

About ePlus Inc

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 managed, professional, security solutions, cloud consulting and hosting, staff augmentation, storage-as-a-service, server and desktop support, and project management services. The Financing segment engages in financing arrangements, such as sales-type and operating leases; loans and consumption-based financing arrangements; and underwriting, management, and disposal of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, and risk and asset management. This segment primarily finances IT, communication-related, and medical equipment; and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, healthcare, and educational institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.

CEO	Mr. Mark P. Marron
WEBSITE	eplus.com
INDUSTRY	Software - Apps
EMPLOYEES	1853

ePlus Inc Frequently Asked Questions

What is the ticker symbol for ePlus Inc? What does PLUS stand for in stocks?

PLUS is the stock ticker symbol of ePlus Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ePlus Inc (PLUS)?

As of Wed Apr 17 2024, market cap of ePlus Inc is 2.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLUS stock?

You can check PLUS's fair value in chart for subscribers.

What is the fair value of PLUS stock?

You can check PLUS's fair value in chart for subscribers. The fair value of ePlus Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ePlus Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLUS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ePlus Inc a good stock to buy?

The fair value guage provides a quick view whether PLUS is over valued or under valued. Whether ePlus Inc is cheap or expensive depends on the assumptions which impact ePlus Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLUS.

What is ePlus Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, PLUS's PE ratio (Price to Earnings) is 16.05 and Price to Sales (PS) ratio is 0.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLUS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on ePlus Inc's stock?

In the past 10 years, ePlus Inc has provided 0.177 (multiply by 100 for percentage) rate of return.