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ePlus inc(PLUS)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 29 days
PROFIT SINCE LAST BUY
+3.38% ▲
LAST CLOSE
$95.36
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for PLUS

10/23/2026: PLUS (2-star) has a low Upturn Star Rating. Not recommended to BUY.

ePlus inc is a well-established IT solutions provider that specializes in helping enterprise customers modernize their technology infrastructure through hardware, software, and consulting services. The company is known for its strong engineering capabilities and long-term customer relationships, which help drive steady growth in higher-margin services. While it has successfully grown through organic expansion and strategic acquisitions, it faces risks related to IT spending cycles and heavy reliance on third-party hardware vendors. The stock may suit growth-oriented investors looking for exposure to digital transformation, though those seeking dividend income may find it less suitable. Investors should monitor developments in AI infrastructure deployment and managed security services.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company shows consistent revenue and earnings growth driven by IT modernization trends.
Momentum investorMixed fitThe stock can exhibit strong price trends but is subject to market-wide IT spending cycles.
Value investorStrong fitThe company often trades at reasonable valuation multiples relative to its earnings growth.
Dividend investorWeak fitThe company does not pay a cash dividend.
Low-risk investorMixed fitBusiness model is stable, but tech sector exposure introduces inherent volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumTechnology stocks are inherently sensitive to broader market swings and interest rate changes.
Valuation riskMediumInvestors must ensure the stock price adequately reflects future growth potential.
Competition risk (Cloud integrators)Medium / highLarger integrators and direct cloud sales pose competitive challenges.
Business qualityStrongThe company has a long history of profitable operations and strong client retention.
Dividend incomeLow / noneInvestors cannot rely on PLUS for steady passive income.
Execution riskMediumSuccess depends on the ability to integrate acquisitions and maintain high-quality technical staff.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit -8.89%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
PLUS receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
PLUS has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, solid earnings growth (+19.3%) and solid revenue growth (+18.1%) are partially offset by weak cash generation (FCF margin -4.9%), soft profitability (net margin 5.3%), modest insider ownership of 2.21%.

Financial Health Rating

★★★★★
PLUS's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 43.5%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is PLUS's strongest growth driver at +19.3% FY2026 versus FY2025 (solid, 4 stars). By comparison, revenue growth (+18.1%, solid) is also solid, while free-cash-flow growth (-140.8%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 97.6% and approximately 96.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.21% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 15.56%
River Road Asset Management, LLC 6.06%
Dimensional Fund Advisors, Inc. 5.24%
Vanguard Capital Management, LLC 4.45%
Vanguard Portfolio Management, LLC 4.38%

Unit Economics (Per $1K Revenue)

★★★★★
PLUS generates approximately $241 of gross profit, $68 of operating income, and $-49 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Negative free cash flow explains the 2-star rating, with weak cash conversion and solid capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 28.44%

Quantitative Style Profile

★★★★★
PLUS has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.49B USD
Price to earnings Ratio 20.6
1Y Target Price 111
Price to earnings Ratio 20.6
1Y Target Price 111
Volume (30-day avg) 238.3K shares
Beta 0.96
52 Weeks Range 70.09 - 97.83
Updated Date 10/24/2026
52 Weeks Range 70.09 - 97.83
Updated Date 10/24/2026
Dividends yield (FY) 1.06%
Basic EPS (TTM) 4.63

How Company Makes Money

Business areaWhat it includesRetail investor read
Product SalesReselling hardware and software from major manufacturers like Cisco and Dell.Provides the bulk of total revenue but operates at thinner margins.
ServicesProfessional and managed services including cloud design, security, and IT consulting.The primary driver of higher-margin growth for the company.
FinancingLeasing and financial solutions for IT equipment.Provides a sticky value-add that helps win and retain large enterprise customers.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 20.6
Forward PE 17.15
Enterprise Value 2.07B
Price to Sales(TTM) 1.02
Enterprise Value 2.07B
Price to Sales(TTM) 1.02
Enterprise Value to Revenue 0.84
Enterprise Value to EBITDA 10.51
Shares Outstanding 26.09M
Shares Floating 25.29M
Shares Outstanding 26.09M
Shares Floating 25.29M
Percent Insiders 2.21
Percent Institutions 97.6

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.