Is EPLUS INC (PLUS) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.2% / 30% | 18.9% / 30% | 35.9% / 30% | 0.36% / 5% | ✗ NOT HALAL |
| DJIM | 6.2% / 33% | 18.9% / 33% | 35.9% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| MSCI | 6.8% / 33% | 20.7% / 33% | 39.3% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| S&P | 6.2% / 33% | 18.9% / 33% | 35.9% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| FTSE | 6.8% / 33% | 20.7% / 33% | 39.3% / 50% | 0.36% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.6% | |
| Operating Margin | 7.1% | |
| Net Margin | 5.5% | |
| Return on Equity (ROE) | 14.6% | |
| Return on Assets (ROA) | 6.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $302M |
| Free Cash Flow | $296M |
| Total Debt | $128M |
| Debt-to-Equity | 12.5 |
| Current Ratio | 2.1 |
| Total Assets | $1.9B |
Price & Trading
| Last Close | $76.94 |
| 50-Day MA | $81.44 |
| 200-Day MA | $77.91 |
| Avg Volume | 166K |
| Beta | 1.0 |
|
52-Week Range
$53.83
| |
About EPLUS INC (PLUS)
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally. The company sells third-party hardware, perpetual and subscription software, and maintenance; and software assurance and other third-party services. It also offers professional services, such as staff augmentation, project management, cloud consulting, Al advisory, consulting, security and collaboration solution, warehouse, configuration, and logistic service, as well as in the spaces of digital signage, EV charging solution, loss prevention and security, store opening, remodel, and store closing; and managed services comprising enhanced maintenance support or ePlus Lifecycle-Services Support, service desk, storage-as-a-service, azure recover, cloud managed, and managed security service, as well as managed service for infrastructure and cloud. In addition, the company offers financing arrangements, including sales-type and operating leases, loan, and consumption-based financing arrangement, as well as underwriting and management, and disposal of IT equipment and assets; and financing operations, such as sales, pricing, credit, contract, accounting, risk management, and asset management. Further, it finances IT equipment, communication-related equipment, medical equipment, industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment; and provides financing solutions, including front-end processing, lifecycle and asset ownership, and end-of-life services. The company serves telecom, media and entertainment, technology, state and local government, educational institutions, healthcare, and financial services. 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.
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Frequently Asked Questions
Is EPLUS INC (PLUS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), EPLUS INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is EPLUS INC's debt ratio?
EPLUS INC's debt ratio is 6.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 6.8%.
What are EPLUS INC's key financial metrics?
EPLUS INC has a market capitalization of $2.0B, trailing P/E ratio of 13.4, and revenue of $2.1B. The company maintains a gross margin of 26.6% and a net margin of 5.5%. Return on equity stands at 14.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.