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Eplus Inc is a US-based public company listed on NASDAQ with the ticker symbol "EPLUS." It is a leading provider of innovative Information Technology, and Healthcare IT solutions delivered through our strong partner ecosystem, domain expertise, and comprehensive service and solution offerings.
Here is some general information on some key aspects of Eplus Inc.
1. Industry and Market Capitalization: Eplus Inc operates in the technology sector, specifically in the IT services industry. The company has a market capitalization of around $1.47 billion, as of March 7, 25, and is considered a small-cap company.
2. Revenue and Earnings: According to the company's latest financial reports, Eplus Inc's revenue for the third quarter of 2022 was $158.1 million, representing a 6.6% year-over-year increase. Its net income for the quarter was $5.4 million, a decrease of 24.7% year-over-year.
3. Growth and Trends: Over the past five years, Eplus Inc's revenue has grown at an annual rate of 2.8%, and its earnings per share have grown at an annual rate of 7.7%. Currently, the company is trading at a forward price-to-earnings ratio of around 25.74, slightly above its five-year average of 24.68.
4. Valuation Ratios: The current P/E ratio of Eplus Inc is 29.12, slightly above the industry's average P/E ratio of 23.45. Its price-to-book ratio is 5.35, slightly higher than the industry's average of 4.15. The company has a relatively low price-to-sales ratio of 0.88, lower than the industry's average of 2.09.
5. Institutional Ownership: According to recent filings, institutional investors own 77.40% of the company's shares. BlackRock, Inc. is the largest institutional holder, with 12.27% ownership, followed by Vanguard Group, Inc. (8.3%), and State Street Global Advisors, Inc. (5.63%).
Overall, Eplus Inc appears to have a solid revenue growth trajectory and strong financial health, with a healthy balance sheet and increasing dividend payouts. However, the company's valuation multiples, such as its P/E ratio, are slightly above industry averages. It is essential to conduct thorough research and analysis to determine whether Eplus Inc is a suitable investment opportunity based on your investment goals and risk tolerance.