ePlus inc., through its subsidiaries, provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments, Technology and Financing. The Technology segment offers hardware, software, maintenance, software assurance, and internally-provided and outsourced services; and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. It also provides proprietary software products, such as OneSource IT, an online Web based software portal for customers purchasing IT equipment, software, and services; OneSource Procurement, a Web-based software tool to facilitate procurement of various assets; OneSource Asset Management, a software platform for managing and tracking corporate assets comprising vendor maintenance contracts; and OneSource DigitalPaper, a document management software application. The Financing segment specializes in financing arrangements that include direct financing, sales-type, and operating leases; notes receivable and consumption-based financing arrangements; and underwriting and management of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, risk management, and asset management. This segment primarily finances IT equipment, including accessories and software, communication-related equipment, and medical equipment; and industrial machinery, office furniture and general office, transportation, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, and educational institutions. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computers, peripherals, & software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:PLUS
Previous Symbol
CUSIP29426810
Phone703-984-8400
Debt
Debt-to-Equity Ratio0.03
Current Ratio1.70
Quick Ratio1.53
Price-To-Earnings
Trailing P/E Ratio17.73
Forward P/E Ratio16.30
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.41 billion
Price / Sales0.72
Cash Flow$5.3398 per share
Price / Cash Flow13.95
Book Value$26.71 per share
Price / Book2.79
Profitability
EPS (Most Recent Fiscal Year)$4.22
Net Income$55.12 million
Net Margins4.20%
Return on Equity16.58%
Return on Assets8.32%
Miscellaneous
Employees1,260
Outstanding Shares13,700,000
Market Cap$1.02 billion
OptionableOptionable
