Saturday 17 October 2026
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ePlus inc.
PLUS Technology Software Application
ePlus inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.4 billion, up 22.1% from fiscal 2025. In the quarter to June 2026, revenue was flat, EPS fell 18.2% and free cash flow grew 175.8%, each against the same quarter a year earlier.
94.05
0.92
−0.97%
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| Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
6 | 6 | 3 | 4 | 7 | 5 | 5 | 6 | 7 | 5 |
P/E ratio |
15.48 | 14.96 | 17.65 | 10.92 | 14.16 | 17.89 | 12.09 | 19.36 | 18.98 | 18.50 |
Altman Z-Score |
4.55 | 3.29 | 4.33 | 4.17 | 4.82 | 4.32 | 4.27 | 5.02 | 4.79 | 4.38 |
P/S ratio |
0.81 | 0.81 | 0.94 | 0.63 | 0.82 | 0.85 | 0.53 | 0.89 | 0.73 | 0.70 |
Altman Z″-Score (non-manufacturers) |
6.76 | 4.89 | 5.72 | 6.03 | 6.11 | 5.23 | 5.30 | 5.27 | 4.85 | 4.64 |
P/FCF ratio |
0.00 | 5.45 | 8.49 | 0.00 | 0.00 | 11.00 | 0.00 | 58.06 | 12.52 | 44.72 |
P/Operating CF |
18.81 | 10.05 | 19.47 | 9.90 | 14.79 | 10.69 | 1,506.38 | 32.79 | 30.70 | 282.53 |
Beneish M-Score |
(1.60) | (3.38) | (2.68) | (1.84) | (1.99) | (2.63) | (1.59) | (2.19) | (2.46) | (2.43) |
Dividend Safety Score |
55 | — | — | — | — | — | — | — | — | — |
P/B ratio |
1.85 | 1.67 | 2.27 | 1.67 | 2.26 | 2.36 | 1.72 | 2.88 | 2.80 | 2.71 |
Price to Tangible BV |
2.45 | 2.36 | 2.94 | 2.10 | 2.95 | 3.35 | 2.50 | 4.45 | 3.86 | 3.28 |
EV/Sales |
0.64 | 0.62 | 0.83 | 0.58 | 0.74 | 0.78 | 0.47 | 0.84 | 0.66 | 0.63 |
EV/EBITDA |
8.13 | 9.77 | 11.43 | 6.40 | 7.77 | 9.49 | 6.45 | 11.50 | 9.22 | 8.45 |
EV/Operating CF |
(13.55) | 4.10 | 7.26 | (78.40) | (65.52) | 9.40 | (10.17) | 29.22 | 11.28 | 25.35 |
EV/FCF |
(13.06) | 4.17 | 7.49 | (57.42) | (61.74) | 10.08 | (9.49) | 54.76 | 11.22 | 39.98 |
Quick Ratio |
1.75 | 1.15 | 1.59 | 1.34 | 1.51 | 1.46 | 1.47 | 1.47 | 1.38 | 1.20 |
Current Ratio |
2.24 | 1.70 | 1.94 | 1.95 | 1.95 | 1.69 | 1.68 | 1.70 | 1.61 | 1.59 |
Net Debt/EBITDA |
(2.12) | (2.98) | (1.52) | (0.50) | (0.84) | (0.87) | (0.69) | (0.69) | (1.07) | (1.00) |
Debt/Assets |
0.00% | 0.60% | 0.78% | 0.67% | 0.85% | 1.70% | 0.65% | 1.34% | 1.33% | 1.41% |
Debt/Equity |
0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.01 | 0.02 | 0.03 | 0.03 |
Asset Turnover |
1.33 | 1.13 | 1.42 | 1.60 | 1.62 | 1.58 | 1.87 | 1.78 | 1.90 | 1.96 |
Operating CF/Net income |
(0.88) | 2.89 | 2.11 | (0.13) | (0.19) | 1.74 | (1.07) | 0.62 | 1.50 | 0.65 |
Capex/Depreciation |
(0.16) | (0.19) | (0.34) | (0.30) | (0.05) | (0.44) | (0.28) | (0.99) | 0.03 | (1.03) |
Interest Coverage |
— | 45.09 | 94.64 | 41.20 | 78.41 | 54.03 | 38.02 | 41.83 | 71.49 | 56.56 |
| 13.01% | 11.17% | 14.01% | 16.54% | 17.27% | 14.19% | 15.18% | 15.86% | 15.34% | 15.21% | |
| 7.21% | 5.92% | 7.69% | 9.25% | 9.42% | 7.49% | 8.15% | 8.20% | 7.36% | 7.44% | |
ROIC |
15.78% | 10.51% | 12.64% | 15.08% | 17.87% | 14.73% | 14.68% | 14.00% | 19.91% | 21.73% |
Return on Tangible Assets |
16.53% | 18.20% | 18.74% | 21.87% | 23.71% | 22.85% | 25.56% | 26.49% | 24.79% | 22.22% |
Average Days of Receivables |
105.61 | 96.29 | 133.06 | 114.64 | 108.35 | 125.42 | 110.70 | 107.69 | 94.32 | 93.92 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
17.33% | 19.33% | 16.32% | 16.13% | 16.32% | 17.30% | 17.58% | 17.27% | 16.08% | 15.41% |
Intangible Assets out of Total Assets |
0.15 | 0.15 | 0.12 | 0.11 | 0.13 | 0.15 | 0.17 | 0.19 | 0.14 | 0.08 |
Share Based Compensation of Revenue |
0.50% | 0.53% | 0.43% | 0.38% | 0.39% | 0.46% | 0.50% | 0.53% | 0.46% | 0.45% |
Graham Net Nets |
0.35 | 0.28 | 0.26 | 0.36 | 0.26 | 0.20 | 0.27 | 0.16 | 0.17 | 0.22 |
Graham Number |
66.75 | 57.98 | 57.59 | 54.54 | 47.01 | 36.35 | 32.60 | 28.85 | 24.59 | 22.63 |
Earnings Yield |
6.46% | 6.69% | 5.66% | 9.16% | 7.06% | 5.59% | 8.27% | 5.17% | 5.27% | 5.41% |
Free Cash Flow Yield |
(6.11%) | 18.35% | 11.79% | (1.62%) | (1.46%) | 9.09% | (9.52%) | 1.72% | 7.98% | 2.24% |
Revenue per Share |
93.11 | 75.47 | 81.86 | 77.82 | 68.36 | 58.80 | 59.59 | 51.04 | 51.44 | 48.02 |
Operating CF per Share |
(4.43) | 11.40 | 9.34 | (0.58) | (0.77) | 4.86 | (2.78) | 1.47 | 3.00 | 1.19 |
Capex per Share |
(0.17) | (0.20) | (0.29) | (0.21) | (0.05) | (0.33) | (0.20) | (0.68) | 0.02 | (0.44) |
Free Cash Flow per Share |
(4.60) | 11.20 | 9.05 | (0.79) | (0.82) | 4.53 | (2.98) | 0.78 | 3.02 | 0.75 |
Cash per Share |
15.66 | 14.69 | 9.51 | 3.88 | 5.83 | 4.86 | 3.24 | 2.97 | 4.29 | 3.96 |
Shareholders Equity per Share |
40.75 | 36.62 | 33.89 | 29.44 | 24.80 | 21.08 | 18.24 | 15.77 | 13.51 | 12.47 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
40.75 | 36.62 | 33.89 | 29.44 | 24.80 | 21.08 | 18.24 | 15.77 | 13.51 | 12.47 |
Free Cash Flow |
(120.59) | 296.88 | 240.82 | (21.06) | (21.83) | 120.79 | (79.48) | 21.03 | 83.20 | 20.94 |
Working Capital |
789.59 | 558.94 | 616.54 | 533.80 | 437.45 | 318.23 | 263.16 | 231.25 | 214.82 | 220.83 |
Capital Expenditures |
(4.35) | (5.26) | (7.63) | (5.64) | (1.26) | (8.72) | (5.30) | (18.38) | 0.44 | (12.08) |
Net Current Asset Value |
695.75 | 449.64 | 521.84 | 462.57 | 392.02 | 263.23 | 226.83 | 198.16 | 182.02 | 201.52 |
EV/EBIT |
9.48 | 12.43 | 13.33 | 7.10 | 9.03 | 11.24 | 7.71 | 14.14 | 10.93 | 9.59 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 |
Price to Operating Income |
11.88 | 16.23 | 15.27 | 7.84 | 10.14 | 12.50 | 8.76 | 15.35 | 12.37 | 10.92 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
2.16 | 1.75 | 1.74 | 1.56 | 3.07 | 2.71 | 2.68 | 2.55 | 2.11 | 1.75 |
Cash ROIC |
(8.15%) | 21.65% | 20.62% | (2.35%) | (2.64%) | 17.00% | (13.74%) | 4.09% | 16.61% | 4.49% |
Accounts Receivable Turnover |
3.96 | 3.03 | 3.02 | 3.48 | 3.37 | 3.07 | 3.58 | 3.56 | 4.00 | 3.94 |
Accounts Payable Turnover |
4.58 | 3.57 | 4.30 | 4.87 | 4.99 | 4.96 | 5.79 | 4.94 | 4.71 | 4.64 |
Inventory Turnover |
11.37 | 11.44 | 8.70 | 7.78 | 12.09 | 19.54 | 23.76 | 23.07 | 16.42 | 16.27 |
Average Days of Payables |
76.80 | 101.41 | 92.16 | 83.53 | 75.54 | 81.97 | 64.13 | 71.05 | 72.99 | 87.05 |
Days of Inventory on Hand |
40.15 | 29.54 | 30.60 | 57.28 | 41.61 | 21.74 | 15.33 | 17.68 | 13.28 | 33.09 |
Average Receivables |
617.19 | 660.88 | 721.78 | 595.00 | 539.72 | 510.31 | 443.37 | 385.81 | 354.65 | 337.76 |
Average Payables |
398.86 | 417.10 | 387.78 | 318.13 | 272.65 | 237.08 | 206.61 | 210.96 | 232.59 | 222.40 |
Average Inventory |
160.66 | 130.07 | 191.49 | 199.17 | 112.51 | 60.12 | 50.38 | 45.17 | 66.71 | 63.45 |
Average Assets |
1,840.02 | 1,766.28 | 1,534.15 | 1,290.51 | 1,121.49 | 992.94 | 847.66 | 770.83 | 748.60 | 679.20 |
Average Common Equity |
1,019.81 | 936.22 | 842.02 | 721.50 | 611.57 | 524.28 | 455.20 | 398.43 | 359.26 | 332.40 |
Columns are period end dates