Reviewing ePlus inc. (PLUS)’s and Ideanomics Inc. (NASDAQ:IDEX)’s results

As Application Software businesses, ePlus inc. (NASDAQ:PLUS) and Ideanomics Inc. (NASDAQ:IDEX), are affected by contrast. This especially applies to their institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ePlus inc. 1.37B 0.83 57.04M 4.09 18.47
Ideanomics Inc. 400.24M 0.30 24.37M -0.35 0.00

In table 1 we can see ePlus inc. and Ideanomics Inc.’s gross revenue, earnings per share and valuation.

Profitability

Table 2 shows us ePlus inc. and Ideanomics Inc.’s return on assets, return on equity and net margins.

Net Margins Return on Equity Return on Assets
ePlus inc. 4.16% 15% 7.6%
Ideanomics Inc. -6.09% -70.4% -18.7%

Risk and Volatility

A 1.25 beta means ePlus inc.’s volatility is 25.00% more than S&P 500’s volatility. From a competition point of view, Ideanomics Inc. has a 1.95 beta which is 95.00% more volatile compared to S&P 500.

Liquidity

The Current Ratio and Quick Ratio of ePlus inc. are 1.7 and 1.5 respectively. Its competitor Ideanomics Inc.’s Current Ratio is 1.3 and its Quick Ratio is 1.3. ePlus inc. can pay off short and long-term obligations better than Ideanomics Inc.

Analyst Ratings

ePlus inc. and Ideanomics Inc. Recommendations and Ratings are available in the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
ePlus inc. 0 0 1 3.00
Ideanomics Inc. 0 0 0 0.00

The consensus price target of ePlus inc. is $96, with potential upside of 15.30%.

Institutional and Insider Ownership

Roughly 93.4% of ePlus inc. shares are owned by institutional investors while 2.1% of Ideanomics Inc. are owned by institutional investors. 2.2% are ePlus inc.’s share owned by insiders. Insiders Competitively, owned 34.56% of Ideanomics Inc. shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
ePlus inc. -7.6% -14.12% -26.62% -18.64% -0.41% 0.45%
Ideanomics Inc. -12.22% -54.47% -64.65% -26.17% -37.52% -65.73%

For the past year ePlus inc. has 0.45% stronger performance while Ideanomics Inc. has -65.73% weaker performance.

Summary

On 12 of the 12 factors ePlus inc. beats Ideanomics Inc.

ePlus inc., an engineering-centric technology solutions provider, provides information technology (IT) products and services, flexible leasing and financing solutions, and enterprise supply management in the United States. It operates through two segments, Technology and Financing. The Technology segment sells IT products, such as hardware, software, maintenance, software assurance, and services; and offers advanced professional and managed services, including data center infrastructure, networking, security, cloud, and collaboration, as well as ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. This segment also offers proprietary software products comprising 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 consisting of vendor maintenance contracts; and OneSource DigitalPaper, a document management software application. The Financing segment specializes in financing arrangements, including direct financing, sales-type and operating leases, notes receivable, and consumption based financing arrangements, as well as underwriting and management of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, and risk and asset management. This segment primarily finances IT equipment, such as accessories and software, communication-related equipment, and medical equipment. The company 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.