Eplus Inc Stock Fair Value – EPlus Posts Solid Earnings in Fiscal Q1
August 15, 2023
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EPLUS ($NASDAQ:PLUS): EPlus Inc. (EPlus) reported a solid financial performance in its first quarter of fiscal 2021. The strong performance was attributed to higher demand for its products and services, as well as aggressive cost cutting measures. EPlus is a technology solutions provider that specializes in digital transformation, cloud computing, managed services, and more. It helps customers leverage technology to improve their operations and increase their competitive advantages. Through its comprehensive portfolio, EPlus delivers innovative solutions and customized consulting services to meet customers’ needs.
It also provides data centers and managed services, as well as applications and software. The company’s first-quarter results showed strong growth in key areas such as cloud services, software-as-a-service, and managed services. The company’s digital transformation solutions also drove growth, leading to an increase in both revenue and profit. On the back of its strong financial performance in the first quarter, EPlus is well positioned to continue delivering robust growth in the near future. With its comprehensive portfolio and range of innovative solutions, the company is well placed to capitalize on the growing demand for digital transformation and other technology solutions.
Earnings
EPLUS Inc posted solid earnings in its fiscal Q1 ending June 30 2021, with the company generating 416.65M USD in total revenue and 23.52M USD in net income. Compared to the same period in the previous fiscal year, there was a 9.1% decrease in total revenue, but a 5.3% increase in net income. Over the last 3 years, EPLUS INC’s total revenue has reached from 416.65M USD to 574.17M USD. These steady increases in revenue signify that the company is on track for continued growth and success.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eplus Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.18k | 130.86 | 6.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eplus Inc. More…
| Operations | Investing | Financing |
| 66.62 | -80.33 | 30.54 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eplus Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.68k | 867.51 | 29.08 |
Key Ratios Snapshot
Some of the financial key ratios for Eplus Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 22.5% | 8.4% |
| FCF Margin | ROE | ROA |
| 2.5% | 14.3% | 6.8% |
Share Price
On Tuesday, EPlus Inc (NASDAQ:PLUS) posted solid earnings in the first quarter of its fiscal year, causing its stock to soar by 15.2%. The company opened its trading day at $75.9 and closed at $66.7, up from its prior closing price of $57.9. The positive earnings report was driven by higher-than-expected revenue and better-than-expected earnings per share. Live Quote…
Analysis – Eplus Inc Stock Fair Value
At GoodWhale, we have conducted an analysis of EPLUS INC‘s fundamentals. After taking into account a range of factors, our proprietary Valuation Line indicates that the fair value of EPLUS INC shares is $59.2. Currently, EPLUS INC shares are trading at $66.7 – a price that is 12.7% overvalued compared to the fair value. This may present an opportunity for investors to consider entering the market with caution. More…
Peers
The company offers a comprehensive array of products and services, including data center, cloud, and virtualization solutions, as well as networking, storage, and security solutions. ePlus has a strong focus on delivering innovative and customized solutions that help customers increase productivity, optimize costs, and improve security. The company has a strong presence in the United States, Europe, and Asia-Pacific. ePlus competes with Oracle Corp Japan, TekeGldMpire Inc, Fujitsu Ltd, and other companies in the technology industry. The company has a strong focus on delivering innovative and customized solutions that help customers increase productivity, optimize costs, and improve security.
– Oracle Corp Japan ($TSE:4716)
Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes in developing and marketing database software and technology, cloud engineered systems, and enterprise software products—particularly its own brands of database management systems. In 2020, Oracle was the second-largest software company by revenue and market capitalization.
– TekeGldMpire Inc ($TSE:6702)
Fujitsu Ltd is a Japanese multinational information technology equipment and services company with a market cap of 3.39T as of 2022. The company has a Return on Equity of 9.53%. Fujitsu provides information technology (IT) services, products, and solutions. The company offers IT services, such as cloud services, data center services, business and application services, and more. Fujitsu also provides a range of products, including servers, storage, networking, and more.
Summary
EPlus Inc, a provider of information technology and software solutions, recently released its Q1 earnings report. Given the strong financial performance, analysts are optimistic about the company’s future prospects. The improved quarterly figures are attributed to increased demand for its software solutions and services.
EPlus has also increased its focus on providing cloud computing solutions, which have proved to be a great driver of recent growth. With an increasing customer base, a healthy balance sheet, and an expanding product portfolio, EPlus is expected to show continued strong performance in the upcoming quarters.
