Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ePlusFRA:MLE 84 Debt-to-Equity is 0.11 as of Mar. 2026, which is 62% below its 10-year median of 0.29. GuruFocus rates FRA:MLE with a GF Score™ of 84/100 and a GF Value™ of €73.68. The stock has 6 warning signs investors should review. Among 2,245 Software companies, ePlus ranks better than 63.16% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for ePlus's Debt-to-Equity or its related term are showing as below:
FRA:MLE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.29 Max: 0.49
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of ePlus was 0.49. The lowest was 0.09. And the median was 0.29.
FRA:MLE's Debt-to-Equity is ranked better than 63.16% of 2245
companies
in the Software industry
Industry Median: 0.19
vs FRA:MLE: 0.11
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
ePlus Debt-to-Equity Related Terms
ePlus Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ePlus's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:MLE vs SPSC, INTA, ALRM: Debt-to-Equity Comparison
For the Software - Application subindustry, ePlus's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ePlus Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, ePlus's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ePlus's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ePlus (FRA:MLE) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ePlus and its competitors. This is 62% below median its historical median of 0.29. Over the past decade, ePlus' Debt-to-Equity has ranged from 0.09 to 0.49. According to the industry distribution chart, ePlus ranks #827 out of 2245 companies in the Software industry, placing it in the top 36.8%.
Is ePlus' Debt-to-Equity too high?
ePlus' current Debt-to-Equity of 0.11 is 62% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.49. The Software industry median Debt-to-Equity is 0.19. ePlus' value of 0.11 is 42.1% below this industry median. Based on the distribution chart, ePlus ranks #827 out of 2245 companies in the Software industry, which is above the industry midpoint. Overall, ePlus has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does ePlus' Debt-to-Equity compare to SPSC and INTA?
According to the Software industry distribution chart, ePlus ranks #827 out of 2245 companies for Debt-to-Equity. This puts ePlus in the upper half of its industry. The industry median Debt-to-Equity is 0.19. ePlus' value of 0.11 is 42.1% below this benchmark. Historically, ePlus' own Debt-to-Equity has ranged from 0.09 to 0.49 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.19, ePlus has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ePlus's current Debt-to-Equity of 0.11 is 42.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ePlus and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ePlus's current Debt-to-Equity is 0.11, which is 62% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ePlus stock overvalued right now?
ePlus (FRA:MLE) has a current Debt-to-Equity of 0.11. The stock's GF Value™ is €73.68, compared to a current price of €75.50 — trading 2.5% above its estimated fair value. The current Debt-to-Equity is 0.11, which is 62% below median its 10-year median of 0.29 and 42.1% below the Software industry median of 0.19. ePlus' overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ePlus (FRA:MLE), the current Debt-to-Equity is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ePlus (FRA:MLE) Overvalued in 2026?
Based on GuruFocus' analysis, ePlus stock appears to be overvalued.
The current stock price of €75.50 is trading 2.5% above its estimated GF Value™ of €73.68.
Key valuation signals for FRA:MLE:
Debt-to-Equity: 0.11 (62% below median its 10-year median of 0.29)
GF Value™: €73.68 vs. price of €75.50 (2.5% above fair value)
Industry Position: 42.1% below the Software median (#827 of 2245)
No single metric tells the full story. See the FRA:MLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ePlus Inc is a provider of technology solutions across the IT spectrum, spanning security, cloud, data center, networking, collaboration, AI, service provider, and critical infrastructure, and emerging solutions, to domestic and foreign organizations across all industry segments. Its solutions leverage a broad range of professional, consultative, and managed services across the technology spectrum. The company possesses top-level engineering certifications with a broad range of IT technologies that enable the company to offer multi-vendor IT solutions that are optimized for each of its customers' specific requirements. It also offers a wide portfolio of technology and other capital asset financing solutions to customers across commercial and government enterprises, designing programs.
84GF Score
Get the complete analysis for FRA:MLE
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MLE has been successfully added to your 
