(PLUS) ePlus - Ratings and Ratios
IT Hardware, Software, Managed Services, Professional Services, Financing
Dividends
| Dividend Yield | 0.56% |
| Yield on Cost 5y | 1.14% |
| Yield CAGR 5y | % |
| Payout Consistency | 0.4% |
| Payout Ratio | 10.1% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 35.5% |
| Value at Risk 5%th | 50.9% |
| Relative Tail Risk | -12.78% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.36 |
| Alpha | -2.94 |
| CAGR/Max DD | 0.57 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.496 |
| Beta | 0.937 |
| Beta Downside | 0.664 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.13% |
| Mean DD | 14.31% |
| Median DD | 9.42% |
Description: PLUS ePlus November 13, 2025
ePlus Inc. (NASDAQ: PLUS) is a technology-distribution and services firm that sells third-party hardware, software (both perpetual and subscription), and related maintenance, while also delivering a broad portfolio of professional and managed services-including staff augmentation, cloud consulting, AI advisory, security, digital signage, EV-charging, and lifecycle asset management. The company finances a wide range of equipment-from IT and communications gear to medical and industrial machinery-through leases, loans, and consumption-based arrangements, serving verticals such as telecom, media, government, education, healthcare, and financial services.
Key operating metrics show the business is scaling its higher-margin subscription and managed-service lines: FY 2023 revenue reached roughly $2.2 billion, with subscription revenue growing ~15 % year-over-year and operating margin hovering around 3 %. The sector is being driven by sustained enterprise IT spend growth (≈5 % CAGR) and accelerated adoption of cloud and edge solutions, which bolster demand for ePlus’s financing and lifecycle services. Additionally, the EV-charging and digital-signage segments have expanded at double-digit rates, reflecting broader sustainability and experiential-retail trends.
For a deeper quantitative view of ePlus’s valuation metrics and peer comparison, the ValueRay platform offers a free dashboard you might explore.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (121.9m TTM) > 0 and > 6% of Revenue (6% = 135.3m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -13.12pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 33.02% (prev 26.40%; Δ 6.62pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 92.9m <= Net Income 121.9m (YES >=105%, WARN >=100%) |
| Net Debt (-303.6m) to EBITDA (189.5m) ratio: -1.60 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.19 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (26.4m) change vs 12m ago -1.01% (target <= -2.0% for YES) |
| Gross Margin 26.07% (prev 24.57%; Δ 1.50pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 130.1% (prev 123.1%; Δ 7.01pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 145.1 (EBITDA TTM 189.5m / Interest Expense TTM 1.09m) >= 6 (WARN >= 3) |
Altman Z'' 6.41
| (A) 0.42 = (Total Current Assets 1.37b - Total Current Liabilities 628.1m) / Total Assets 1.77b |
| (B) 0.52 = Retained Earnings (Balance) 916.9m / Total Assets 1.77b |
| (C) 0.09 = EBIT TTM 158.0m / Avg Total Assets 1.73b |
| (D) 1.28 = Book Value of Equity 922.5m / Total Liabilities 720.7m |
| Total Rating: 6.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.27
| 1. Piotroski 5.50pt |
| 2. FCF Yield 4.11% |
| 3. FCF Margin 3.89% |
| 4. Debt/Equity 0.09 |
| 5. Debt/Ebitda -1.60 |
| 6. ROIC - WACC (= 0.78)% |
| 7. RoE 12.17% |
| 8. Rev. Trend 48.14% |
| 9. EPS Trend 22.93% |
What is the price of PLUS shares?
Over the past week, the price has changed by +2.42%, over one month by +6.08%, over three months by +26.14% and over the past year by +13.45%.
Is PLUS a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PLUS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 108 | 20.3% |
| Analysts Target Price | 108 | 20.3% |
| ValueRay Target Price | 105 | 16.9% |
PLUS Fundamental Data Overview November 24, 2025
P/E Trailing = 18.752
P/E Forward = 18.622
P/S = 1.0659
P/B = 2.3093
P/EG = 1.8639
Beta = 1.034
Revenue TTM = 2.26b USD
EBIT TTM = 158.0m USD
EBITDA TTM = 189.5m USD
Long Term Debt = 11.3m USD (from longTermDebt, last fiscal year)
Short Term Debt = 98.5m USD (from shortTermDebt, last quarter)
Debt = 98.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -303.6m USD (from netDebt column, last quarter)
Enterprise Value = 2.13b USD (2.44b + Debt 98.5m - CCE 402.2m)
Interest Coverage Ratio = 145.1 (Ebit TTM 158.0m / Interest Expense TTM 1.09m)
FCF Yield = 4.11% (FCF TTM 87.7m / Enterprise Value 2.13b)
FCF Margin = 3.89% (FCF TTM 87.7m / Revenue TTM 2.26b)
Net Margin = 5.40% (Net Income TTM 121.9m / Revenue TTM 2.26b)
Gross Margin = 26.07% ((Revenue TTM 2.26b - Cost of Revenue TTM 1.67b) / Revenue TTM)
Gross Margin QoQ = 26.63% (prev 23.26%)
Tobins Q-Ratio = 1.21 (Enterprise Value 2.13b / Total Assets 1.77b)
Interest Expense / Debt = 0.58% (Interest Expense 572.0k / Debt 98.5m)
Taxrate = 29.33% (15.8m / 54.0m)
NOPAT = 111.7m (EBIT 158.0m * (1 - 29.33%))
Current Ratio = 2.19 (Total Current Assets 1.37b / Total Current Liabilities 628.1m)
Debt / Equity = 0.09 (Debt 98.5m / totalStockholderEquity, last quarter 1.05b)
Debt / EBITDA = -1.60 (Net Debt -303.6m / EBITDA 189.5m)
Debt / FCF = -3.46 (Net Debt -303.6m / FCF TTM 87.7m)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.90% (Net Income 121.9m / Total Assets 1.77b)
RoE = 12.17% (Net Income TTM 121.9m / Total Stockholder Equity 1.00b)
RoCE = 15.60% (EBIT 158.0m / Capital Employed (Equity 1.00b + L.T.Debt 11.3m))
RoIC = 9.90% (NOPAT 111.7m / Invested Capital 1.13b)
WACC = 9.12% (E(2.44b)/V(2.54b) * Re(9.47%) + D(98.5m)/V(2.54b) * Rd(0.58%) * (1-Tc(0.29)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.55%
[DCF Debug] Terminal Value 64.29% ; FCFE base≈175.6m ; Y1≈115.3m ; Y5≈52.7m
Fair Price DCF = 31.42 (DCF Value 830.6m / Shares Outstanding 26.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 22.93 | EPS CAGR: 9.20% | SUE: 3.40 | # QB: 1
Revenue Correlation: 48.14 | Revenue CAGR: 5.68% | SUE: 1.35 | # QB: 2
EPS current Year (2026-03-31): EPS=4.80 | Chg30d=+0.720 | Revisions Net=+1 | Growth EPS=+2.9% | Growth Revenue=+12.1%
EPS next Year (2027-03-31): EPS=5.38 | Chg30d=+0.850 | Revisions Net=+1 | Growth EPS=+11.9% | Growth Revenue=+3.2%
Additional Sources for PLUS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle