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Arphra AIPlain-English read on ePlus inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
A snapshot of the latest fiscal year’s margins, returns on capital, balance-sheet strength and efficiency, computed from the income statement, balance sheet and cash-flow rows. Source income / balance / cash_flow.
Valuation multiples
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Headline | |||
| Market cap | $1.97B | — | — |
| Enterprise value | $1.58B | — | — |
| Multiples | |||
| P / E | — | — | — |
| P / B | — | — | — |
| EV / EBITDA | — | — | — |
| EV / Sales | 0.65 | — | — |
| EV / FCF | -13.09 | — | — |
| Yields | |||
| Earnings yield | +6.53% | — | — |
| Free cash flow yield | -6.11% | — | — |
| Dividend yield | — | — | — |
Profitability
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Margins | |||
| Gross margin | +24.14% | +23.53% | +23.97% |
| Operating margin | +6.80% | +6.60% | +6.62% |
| EBITDA margin | +7.93% | +7.90% | +7.86% |
| EBIT margin | +6.80% | +6.85% | +6.66% |
| Pre-tax margin | +7.10% | +7.21% | +7.04% |
| Net margin | +5.27% | +5.31% | +5.22% |
| Cost structure | |||
| Cost of revenue / sales | +75.86% | +75.94% | +74.18% |
| R&D intensity | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +17.33% | +17.83% | +16.86% |
| Effective tax rate | +28.44% | +28.14% | +28.74% |
Returns on capital
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Returns | |||
| Return on equity (ROE) | +12.05% | +11.89% | +12.09% |
| Return on assets (ROA) | +7.10% | +7.30% | +7.21% |
| Return on capital (ROC) | +15.31% | +14.56% | +15.09% |
| Return on invested capital (ROIC) | +11.87% | +11.72% | +11.90% |
| Asset turnover | +134.61% | +137.45% | +138.15% |
| DuPont · ROE decomposition | |||
| Net margin | +5.27% | +5.31% | +5.22% |
| Asset turnover (× revenue / assets) | +134.61% | +137.45% | +138.15% |
| Equity multiplier (× assets / equity) | +169.74% | +162.95% | +167.63% |
Activity & efficiency
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Turnover | |||
| Asset turnover | 1.35 | 1.37 | 1.38 |
| Fixed-asset turnover | 87.78 | — | — |
| Inventory turnover | 9.22 | — | — |
| Receivables turnover | 3.46 | — | — |
| Payables turnover | 4.82 | — | — |
| Days outstanding | |||
| Days sales outstanding (DSO) | 105.61 | — | — |
| Days inventory outstanding (DIO) | 39.57 | — | — |
| Days payables outstanding (DPO) | 75.70 | — | — |
| Cash conversion cycle | 69.48 | — | — |
Cash flow quality
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Operating CF / Net income | -0.90 | -0.91 | -0.89 |
| FCF / Net income | -0.94 | -0.91 | -0.94 |
| FCF margin | -4.94% | -4.83% | -4.91% |
| OCF margin | -4.76% | -4.85% | -4.63% |
| CapEx / Revenue | +0.18% | +0.18% | +0.18% |
| CapEx / D&A | 0.16 | — | — |
| Stock-based comp / Revenue | +0.50% | — | — |
Per-share & shareholder yield
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| EPS · diluted | 5.03 | 5.50 | 5.97 |
| EPS · basic | 5.05 | 5.50 | 6.07 |
| Book value / share | 40.54 | 43.59 | 43.98 |
| Tangible BV / share | 30.52 | 43.59 | 43.98 |
| Sales / share | 92.62 | 97.63 | 101.84 |
| Operating CF / share | -4.41 | -4.74 | -4.72 |
| Free cash flow / share | -4.58 | -4.71 | -5.00 |
| Dividends / share | 0.75 | 0.80 | 0.81 |
| Payout ratio | +15.26% | +15.52% | +15.25% |
| Retention ratio | +84.74% | +84.48% | +84.75% |
Growth
| In USD | FY 2026 | 2027E | 2028E | 2y CAGR |
|---|---|---|---|---|
| Top-line | ||||
| Revenue · YoY | — | +4.60% | +5.43% | +5.01% |
| Gross profit · YoY | — | +1.97% | +7.41% | +4.65% |
| Profit | ||||
| Operating income · YoY | — | +1.46% | +5.74% | +3.58% |
| EBITDA · YoY | — | +4.14% | +4.87% | +4.50% |
| Net income · YoY | — | +5.33% | +3.61% | +4.46% |
| Operating | ||||
| EBIT · YoY | — | +5.31% | +2.58% | +3.94% |
| R&D · YoY | — | — | — | — |
| Per-share | ||||
| EPS · diluted · YoY | — | +9.24% | +8.74% | +8.99% |
| EPS · basic · YoY | — | +8.96% | +10.28% | +9.62% |
Credit & leverage
| In USD | FY 2026 | 2027E | 2028E |
|---|---|---|---|
| Leverage | |||
| Total debt | $16.2M | $17.03M | $18.23M |
| Net debt | -$394.57M | -$403.51M | -$447.88M |
| Net debt / EBITDA | -2.04 | -2.00 | -2.12 |
| Debt / equity | 0.02 | 0.01 | 0.02 |
| Debt / assets | +0.89% | +0.92% | +0.94% |
| Equity / assets | +58.91% | +61.37% | +59.65% |
| Coverage | |||
| EBITDA / interest expense | — | — | — |
| Operating income / interest | — | — | — |
| Interest expense | $0 | $0 | $0 |
| Liquidity | |||
| Current ratio | 2.12 | — | — |
| Quick ratio | 1.75 | — | — |
| Cash ratio | 0.64 | — | — |
| Working capital | $711.84M | — | — |
| Working capital / revenue | +29.14% | — | — |
Historical multiples · μ ± σ bands
3 fiscal-year-end observations from key_metrics. Mean is dashed; light-green band is ±1σ, light-red band ±2σ. The dot marks the most recent value; the cheap / fair / rich verdict uses z-score against the issuer's own history (yields inverted — a high yield is cheap).
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| P / E | — | — | — |
| P / B | — | — | — |
| EV / EBITDA | — | — | — |
| EV / Sales | 0.65x | 0.66x | 0.87x |
| Earnings yield | 6.5% | 6.7% | 5.7% |
| FCF yield | -6.1% | 18.3% | 11.7% |
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | — | — | — |
| ROE | 12.1% | 11.0% | 12.8% |
| ROA | 7.1% | 5.7% | 7.0% |
| ROIC | 10.1% | 8.5% | 10.1% |
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / equity | — | — | — |
| Net debt / EBITDA | -2.04 | -1.52 | -0.60 |
| Interest coverage | — | — | — |
| Current ratio | 2.12x | 1.71x | 1.94x |
| Quick ratio | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).