Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
ePlus's operating assets for the quarter that ended in Mar. 2026 was €1,203 Mil. ePlus's operating liabilities for the quarter that ended in Mar. 2026 was €530 Mil. ePlus's Total Assets for the quarter that ended in Dec. 2025 was €1,564 Mil. Therefore, ePlus's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.
ePlus Scaled Net Operating Assets Related Terms
ePlus Scaled Net Operating Assets Historical Data
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The historical data trend for ePlus's Scaled Net Operating Assets 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.
STU:MLE vs VERX, SPSC, GRND: Scaled Net Operating Assets Comparison
For the Software - Application subindustry, ePlus's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Software Industry
For the Software industry and Technology sector, ePlus's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where ePlus's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.43 mean?
ePlus (STU:MLE) has a Scaled Net Operating Assets of 0.43 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ePlus and its competitors.
Is ePlus' Scaled Net Operating Assets too high?
ePlus' current Scaled Net Operating Assets is 0.43. Overall, ePlus has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ePlus' Scaled Net Operating Assets compare to VERX and SPSC?
ePlus' Scaled Net Operating Assets of 0.43 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ePlus and its competitors. ePlus's current Scaled Net Operating Assets is 0.43. 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 (STU:MLE) has a current Scaled Net Operating Assets of 0.43. The stock's GF Value™ is €75.31, compared to a current price of €69.50 — trading 7.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. ePlus' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ePlus (STU:MLE), the current Scaled Net Operating Assets is 0.43 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 (STU:MLE) Overvalued in 2026?
Based on GuruFocus' analysis, ePlus stock appears to be undervalued.
The current stock price of €69.50 is trading 7.7% below its estimated GF Value™ of €75.31.
Key valuation signals for STU:MLE:
Scaled Net Operating Assets: 0.43
GF Value™: €75.31 vs. price of €69.50 (7.7% below fair value)
No single metric tells the full story. See the STU: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.
81GF Score
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