ePlus inc. (PLUS) is a publicly traded company in the Technology — Software - Application industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally. The company sells third-party hardware, perpetual and subscription software, and maintenance; and software assurance and other third-party services.
Is ePlus inc. stock overvalued or undervalued in 2026?
ePlus inc. (PLUS) trades at 19.4× earnings (P/E), below the median of the 317 technology companies over $2bn in Kaplio's universe. At the decade median (18.1×) $87 (-7 %); at its sector median (31.5×) $151 (+62 %).
Kaplio overview: ePlus inc.
Market cap $2B · 52 weeks $72 – $97 (4 % below the high) · P/E 19.4× · 2027 est. P/E 17.0× · Dividend 1.1 % · Next earnings November 5, 2026 · expected EPS $1.47 · Closing price, Oct 30 · accounts published Aug 4.
- Valuation: TTM P/E 19.4× (fairly priced).
- Business: ROIC 10 % (fair).
- Balance sheet: Net cash/EBITDA 2.0× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (18.1×) $87 (-7 %); at its sector median (31.5×) $151 (+62 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 2 of 8 pass
- 3y revenue growth 6.2 %, fails.
- Rule of 40 (SaaS only) 1, fails.
- Gross margin 24.1 %, fails.
- FCF / Revenue −4.9 %, fails.
- ROIC 10.3 %, fails.
- EV/EBITDA vs own 5y 9.9×, fails.
- SBC / Revenue 0.5 %, passes.
- Net debt / EBITDA −2.0×, passes.
Against its peers (reference peers) — ePlus inc.: P/E 19.4×; EV/EBITDA 9.9×; ROIC 10.3 %; $2.4B. PC Connection, Inc. (P/E 21.4×; EV/EBITDA 13.8×; ROIC 10.0 %; $2.2B), Ingram Micro Holding Corporation (P/E 14.3×; EV/EBITDA 7.5×; ROIC 8.1 %; $6.5B), Wipro Limited (P/E 15.6×; EV/EBITDA 10.1×; ROIC 10.5 %; $21.4B).
Expensive or cheap against its last ten years?
P/E at each close: today 19.4× · median 18.1× · minimum 10.1× · maximum 26.3× · cheap below 16.3× · expensive above 21.1×. It has been cheaper than today 65% of the time over its last ten years.
Dividend
tight · Yield 1.1 % ($0.75 per share in 2026) · paying since 2026 · Free cash flow coverage -6.1× · With $1,000 invested today you'd collect $11.20 a year ($0.93 a month).
Profitability
| Return on Equity | 11.84% |
| Return on Invested Capital | 10.34% |
| Return on Assets | 6.74% |
| Gross Margin | 24.71% |
| Operating Margin | 6.88% |
| Net Margin | 5.12% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 2.13 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 4.45 |
Price Performance
| 1 month | -0.52% |
| 3 months | -4.27% |
| Year-to-date | +5.94% |
| 1 year | +27.00% |
| 3 years | +42.92% |
| 5 years | +59.01% |
| 10 years | +280.31% |
Dividend History
Paid in the last 12 months: $1.04 per share in 4 payments.
| Date | Amount |
|---|---|
| August 25, 2026 | $0.27 |
| June 17, 2026 | $0.27 |
| February 24, 2026 | $0.25 |
| November 25, 2025 | $0.25 |
| August 26, 2025 | $0.25 |
| December 13, 2012 | $0.625 |
Amounts adjusted for stock splits.
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Explore sector: Technology · Software - Application
More sections of PLUS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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