EPLUS INC (PLUS) Stock Fundamental Analysis
USA - NASDAQ:PLUS - US2942681071 - Common Stock
73.37 USD
-0.7 (-0.95%)
76.21 USD
+2.84 (+3.87%)
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 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.
PLUS had a positive operating cash flow in the past year.
PLUS had positive earnings in each of the past 5 years.
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.
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.
Measured over the past 3 years, the Average Return On Invested Capital 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
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.
PLUS's Profit Margin has improved in the last couple of years.
PLUS has a better Operating Margin (6.65%) 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
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.
PLUS has less shares outstanding than it did 5 years ago.
PLUS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.15 indicates that PLUS is not in any danger for bankruptcy at the moment.
PLUS's Altman-Z score of 4.15 is fine compared to the rest 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 | 4.15 |
ROIC/WACC1.01
WACC9.21%
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.
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's Quick ratio of 1.89 is in line compared to the rest of the industry. PLUS outperforms 57.26% of its industry peers.
| 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.
PLUS shows a decrease in Revenue. In the last year, the revenue decreased by -1.55%.
PLUS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.43% yearly.
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.
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.
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
Based on the Price/Earnings ratio of 15.32, the valuation of PLUS can be described as correct.
87.90% of the companies in the same industry are more expensive than PLUS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of PLUS to the average of the S&P500 Index (25.67), we can say PLUS is valued slightly cheaper.
With a Price/Forward Earnings ratio of 15.90, PLUS is valued correctly.
84.68% of the companies in the same industry are more expensive than PLUS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 31.86, PLUS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.32 | ||
| Fwd PE | 15.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLUS is valued cheaply inside the industry as 92.74% of the companies are valued more expensively.
PLUS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PLUS is cheaper than 83.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.43 | ||
| EV/EBITDA | 8.53 |
4.3 Compensation for Growth
The decent profitability rating of PLUS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.75
EPS Next 2Y-0.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLUS has a Yearly Dividend Yield of 1.40%. Purely for dividend investing, there may be better candidates out there.
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 1.40, PLUS pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
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
73.37
-0.7 (-0.95%)
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 Cap1.95B
Revenue(TTM)2.16B
Net Income(TTM)118.34M
Analysts85.71
Price Target93.84 (27.9%)
Short Float %3.09%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
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 | 15.32 | ||
| Fwd PE | 15.9 | ||
| P/S | 0.9 | ||
| P/FCF | 19.43 | ||
| P/OCF | 18.42 | ||
| P/B | 1.91 | ||
| P/tB | 2.64 | ||
| EV/EBITDA | 8.53 |
EPS(TTM)4.79
EY6.53%
EPS(NY)4.62
Fwd EY6.29%
FCF(TTM)3.78
FCFY5.15%
OCF(TTM)3.98
OCFY5.43%
SpS81.17
BVpS38.32
TBVpS27.83
PEG (NY)N/A
PEG (5Y)1.75
Graham Number64.26
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 | 4.15 |
F-Score6
WACC9.21%
ROIC/WACC1.01
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
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.