Last $62.22 USD
Change Today +1.83 / 3.03%
Volume 53.4K
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As of 8:10 PM 06/18/13 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

13595 Dulles Technology Drive

Herndon, VA 20171-3413

United States

Phone: 703-984-8400

Fax: 703-984-8600

www.eplus.com

ePlus inc. engages in selling, leasing, financing, and managing information technology (IT) and other assets. Segments The company’s operations are conducted through two business segments, Technology and Financing. Technology This segment includes the sale of IT hardware, third-party software, professional engineering services, and third-party maintenance contracts and the company’s proprietary software to commercial, government, and government-oriented entities. The company’s subsidiaries include ePlus Technology, inc.; ePlus Systems, inc.; ePlus Content Services, inc.; ePlus Document Systems, inc.; and ePlus Technology Services, inc. Direct IT Sales: The company is a direct marketer and authorized reseller of IT products, including Cisco Systems, Hewlett Packard, VMWare, NetApp, EMC, Apple, Dell, Microsoft, and Citrix Systems, Inc., through its direct sales force and Web-based ordering solution, OneSource. These products consist of hardware, software, software assurance, and maintenance contracts. Advanced Technology Solutions: The company provides a range of solutions focused in the areas of data center, storage, security, cloud enablement, and IT infrastructure. Within these areas, the company has engineering expertise in Internet telephony and Internet communications, collaboration, cloud computing, virtual desktop infrastructure, network design and implementation, storage, security, virtualization, business continuity, visual communications, audio/visual technologies, maintenance, and implementation services to support its customer base as part of its consolidated service offering. Proprietary Software: The company offers proprietary software for enterprise supply management, which could be used as a solution or be integrated as a component of a bundled solution. These include eProcurement, spend management, asset management, document management, and product content management software. These systems could be installed behind its customers’ firewall or operated as a service hosted by the company. The company’s line of proprietary software products is called OneSource and consists of various products, such as OnesourceIT, online Web based software portal for customers purchasing IT equipment, software, and services from the company; OneSourceIT+, an online Web based software portable for customers purchasing IT products from other suppliers and/or from the company; OneSource Procurement, a complete Web-based software to facilitate procurement of any type of assets; OneSource Asset Management, a software platform for managing and tracking corporate assets, including hardware maintenance contracts; OneSource Supplier Portal, a software application for catalog and content management used by customers and suppliers; and OneSource DigitalPaper, a document management software application. Financing This segment consists of the financing of equipment, software and related services to commercial, government, and government-oriented entities. The company’s subsidiaries include ePlus Group, inc.; ePlus Government, inc.; ePlus Canada Company; ePlus Capital, inc.; ePlus Jamaica, inc.; and ePlus Iceland, inc. Leasing, Lease and Asset Management, and Lifecycle Management: The company offers a range of leasing and financing options for IT products, including both hardware and software and other capital assets (including medical equipment). These offerings include operating and direct finance leases, as well as payment plans. It also provides lease process automation, disposal of end-of-life assets, and lifecycle management. Sales and Financing Activities The company is in the business of selling and providing advanced technology solutions for a range of IT products and software; and leasing and financing of IT and other capital assets and services. It is a software publisher for procurement, content management, document management, and asset management software. IT Sales and Professional Services: The company is a reseller of, or has the right to resell products and services from, approximately 1,000 manufacturers. These products include hardware, software, software assurance, professional

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PLUS

Industry Average

Valuation PLUS Industry Range
Price/Earnings 14.0x
Price/Sales 0.5x
Price/Book 2.1x
Price/Cash Flow 14.1x
TEV/Sales 0.3x
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