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ePlus inc (PLUS)

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Upturn Advisory Summary
12/26/2025: PLUS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $92
1 Year Target Price $92
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 38.09% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.40B USD | Price to earnings Ratio 18.45 | 1Y Target Price 92 |
Price to earnings Ratio 18.45 | 1Y Target Price 92 | ||
Volume (30-day avg) 1 | Beta 1.01 | 52 Weeks Range 53.50 - 93.98 | Updated Date 12/28/2025 |
52 Weeks Range 53.50 - 93.98 | Updated Date 12/28/2025 | ||
Dividends yield (FY) 0.28% | Basic EPS (TTM) 4.88 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.33% | Operating Margin (TTM) 8.02% |
Management Effectiveness
Return on Assets (TTM) 6.04% | Return on Equity (TTM) 12.97% |
Valuation
Trailing PE 18.45 | Forward PE 20.28 | Enterprise Value 2076668006 | Price to Sales(TTM) 1.05 |
Enterprise Value 2076668006 | Price to Sales(TTM) 1.05 | ||
Enterprise Value to Revenue 0.91 | Enterprise Value to EBITDA 9.87 | Shares Outstanding 26438876 | Shares Floating 25662851 |
Shares Outstanding 26438876 | Shares Floating 25662851 | ||
Percent Insiders 2.28 | Percent Institutions 99.75 |
Upturn AI SWOT
ePlus inc

Company Overview
History and Background
ePlus inc. was founded in 1990 and has evolved into a leading provider of technology solutions, focusing on IT infrastructure, cybersecurity, cloud, and managed services. Key milestones include its IPO in 1996 and continuous expansion through organic growth and strategic acquisitions. The company primarily serves mid-market and enterprise organizations across various industries.
Core Business Areas
- Technology Solutions: ePlus provides a comprehensive range of IT solutions, including hardware, software, and professional services. This segment encompasses everything from network infrastructure and data center solutions to cybersecurity and collaboration tools. They offer design, implementation, and ongoing management of these technologies.
- Managed Services: This segment focuses on providing outsourced IT support and management. ePlus offers services like managed security, network monitoring, and cloud infrastructure management, allowing clients to offload complex IT operations.
- Financing Solutions: ePlus offers technology financing and leasing options to help clients acquire the necessary hardware and software without significant upfront capital expenditure. This helps make advanced technology more accessible.
Leadership and Structure
ePlus is led by a seasoned management team. [Specific leadership details like CEO, CFO, etc., and organizational structure information would typically be found on their investor relations page or annual reports. For this general overview, we'll state it's structured to support its core business segments.]
Top Products and Market Share
Key Offerings
- Cybersecurity Solutions: ePlus offers a broad portfolio of cybersecurity products and services, including threat detection, endpoint security, identity and access management, and security consulting. Competitors include Palo Alto Networks (PANW), CrowdStrike (CRWD), and Fortinet (FTNT). Market share data for specific solution sets is not publicly detailed by ePlus as they are a solutions provider and integrator rather than a sole product vendor.
- Cloud Solutions: This includes hybrid cloud, multi-cloud, and cloud migration services, working with major cloud providers like AWS, Microsoft Azure, and Google Cloud. Competitors in this space are broad, including cloud providers themselves and other managed service providers like Accenture (ACN) and IBM (IBM).
- Infrastructure Solutions: This encompasses networking, data center, and collaboration technologies from vendors like Cisco (CSCO), Dell Technologies (DELL), and HPE. ePlus acts as a reseller and integrator for these products.
Market Dynamics
Industry Overview
The IT solutions and services market is highly competitive and dynamic, driven by digital transformation initiatives, increasing cybersecurity threats, and the rapid adoption of cloud computing. There is a strong demand for integrated solutions that combine hardware, software, and managed services.
Positioning
ePlus is positioned as a value-added reseller (VAR) and systems integrator, differentiating itself through deep technical expertise, strong vendor partnerships, and a focus on tailored solutions. Their ability to bundle hardware, software, and services, coupled with financing options, provides a competitive edge.
Total Addressable Market (TAM)
The TAM for IT solutions and services is vast, encompassing global spending on IT infrastructure, cybersecurity, cloud, and related services, estimated to be in the hundreds of billions of dollars annually. ePlus targets a significant portion of this TAM within its operating regions and customer segments, focusing on mid-market and enterprise clients.
Upturn SWOT Analysis
Strengths
- Strong vendor partnerships (e.g., Cisco, Microsoft, Dell)
- Comprehensive portfolio of technology solutions and services
- Established customer relationships and recurring revenue streams
- Expertise in cybersecurity and cloud solutions
- Technology financing capabilities
Weaknesses
- Dependence on key vendors
- Intense competition from larger players and specialized firms
- Potential for margin pressure in hardware reselling
- Integration challenges from acquisitions
Opportunities
- Growing demand for cybersecurity solutions
- Increased adoption of cloud computing and hybrid cloud strategies
- Expansion into new markets or verticals
- Further acquisitions to broaden service offerings or geographic reach
- Growth in managed services and subscription-based models
Threats
- Economic downturns impacting IT spending
- Rapid technological changes requiring continuous adaptation
- Cybersecurity breaches affecting reputation or operations
- Intensified competition and pricing pressures
- Changes in vendor strategies or partnerships
Competitors and Market Share
Key Competitors
- CDW Corporation (CDW)
- Insight Enterprises, Inc. (NSIT)
- Presidio, Inc. (Private)
- SHI International Corp. (Private)
Competitive Landscape
ePlus competes in a fragmented market. Its advantages lie in its integrated solutions approach, strong vendor relationships, and financing capabilities. However, it faces intense competition from larger, more diversified IT solution providers and specialized firms.
Major Acquisitions
Advanced Technology Group (ATG)
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: To enhance ePlus's cybersecurity capabilities, particularly in managed security services and threat intelligence.
CloudShift
- Year: 2022
- Acquisition Price (USD millions):
- Strategic Rationale: To expand ePlus's expertise and offerings in cloud solutions and managed cloud services.
Growth Trajectory and Initiatives
Historical Growth: ePlus has experienced consistent historical growth, driven by both organic expansion of its service offerings and through strategic acquisitions that have broadened its capabilities and customer base.
Future Projections: Analyst estimates for ePlus generally project continued revenue and earnings growth, supported by ongoing demand for digital transformation, cybersecurity, and cloud services. Projections are subject to market conditions and the company's execution of its strategy.
Recent Initiatives: Recent initiatives likely include deepening its cybersecurity and cloud practices, expanding managed services, and leveraging acquisitions to integrate new technologies and client bases.
Summary
ePlus inc. is a well-established IT solutions provider with a diversified business model encompassing technology solutions, managed services, and financing. The company benefits from strong vendor partnerships and a growing demand for cybersecurity and cloud services. However, it operates in a highly competitive market and must navigate potential margin pressures and rapid technological shifts to maintain its growth trajectory.
Similar Stocks
Sources and Disclaimers
Data Sources:
- ePlus Inc. Investor Relations
- Company Annual Reports (10-K)
- Financial News Outlets (e.g., Bloomberg, Wall Street Journal)
- Industry Analyst Reports
Disclaimers:
This analysis is based on publicly available information as of the last update and is for informational purposes only. It does not constitute financial advice. Market share data for specific segments is often proprietary or estimated. Financial data, dividends, and growth projections are subject to change. Users should conduct their own due diligence before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ePlus inc
Exchange NASDAQ | Headquaters Herndon, VA, United States | ||
IPO Launch date 1996-11-14 | CEO, President & Director Mr. Mark P. Marron | ||
Sector Technology | Industry Software - Application | Full time employees 2199 | Website https://www.eplus.com |
Full time employees 2199 | Website https://www.eplus.com | ||
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. It also offers professional services, such as staff augmentation, project management, cloud consulting, Al advisory, consulting, security and collaboration solution, warehouse, configuration, and logistic service, as well as in the spaces of digital signage, EV charging solution, loss prevention and security, store opening, remodel, and store closing; and managed services comprising enhanced maintenance support or ePlus Lifecycle-Services Support, service desk, storage-as-a-service, azure recover, cloud managed, and managed security service, as well as managed service for infrastructure and cloud. In addition, the company offers financing arrangements, including sales-type and operating leases, loan, and consumption-based financing arrangement, as well as underwriting and management, and disposal of IT equipment and assets; and financing operations, such as sales, pricing, credit, contract, accounting, risk management, and asset management. Further, it finances IT equipment, communication-related equipment, medical equipment, industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment; and provides financing solutions, including front-end processing, lifecycle and asset ownership, and end-of-life services. The company serves telecom, media and entertainment, technology, state and local government, educational institutions, healthcare, and financial services. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.

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