$ePlus (PLUS.US)$Revenue has fluctuated and increased over t...
$ePlus (PLUS.US)$Revenue has fluctuated and increased over the past 5 years, with an average growth rate of 5.4%. Operating profit has grown at an average rate of 22% in the past 3 years, while net profit has continued to grow for 5 years, growing 42% to reach 106 million in 2022.
Revenue increased 9% in the first two quarters of 2023, operating profit increased 1.5%, and net profit declined 7.5%. The high growth rate seems to have come to an end.
Currently, the price-earnings ratio of 12 times TTM is not very attractive.
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