Intangible Valuation
Value, contrarian, coat tail rider, idiosyncratic research

ePlus: Satisfactory Current Earnings, No Debt And Poised To Grow

ePlus (NASDAQ:PLUS) is a North American technology services and reseller firm. It has a close working relationships with major technology providers, such as Cisco (NASDAQ:CSCO), and is focusing on providing bundled services to the users of technology such as governments, schools and medium to large businesses. To illustrate the sort of products ePlus deals in, consider that of revenue recorded over the past six months ending September 30, 2012, 51% was from Cisco products and 10% from Hewlett-Packard (NYSE:HPQ) products. As the 10-K states:

Our primary focus is to deliver technology solutions...Our broad product offerings provide customers with a highly-focused, end-to-end, turnkey solution for purchasing, lifecycle management, and financing for IT products and services....
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details