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Research · S&P 500 · Information Technology

P · Everpure

The numbers, the scorecard and what analysts say, with the source for each. Information, not advice.

Price · last 3 months · daily close

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Value Scorecard · run 2026-10-18

13 value checks: 12 scored 1 to 5 where the data allows, plus moat evidence

27/55
low-moderate value score11 of 12 checks scored

11 of the 12 checks that carry a score were scored from the data available. 1 could not be scored (Margin of Safety) and was left out, so the score is out of 55 instead of 60. The label uses the same share of the available points as for a full scorecard. The moat is shown as evidence from the filings, without a score.

Earnings & returns

EPS Trend

4/5

Diluted EPS: $0.23 (2023), $0.19 (2024), $0.31 (2025), $0.55 (2026). It rose every year but one and ended above 2023; the framework scores that as 4.

ROE Trend

2/5

ROE (net income / common equity): 7.8% (2023), 4.8% (2024), 8.2% (2025), 13.0% (2026). Median 8.0%, lowest 4.8%; the framework scores a median 5-10% as 2.

ROIC

1/5

ROIC of 4.2%: operating income of $114.82M divided by $2.76B of capital (total assets $4.67B minus current liabilities $1.91B), fiscal year to Feb 1, 2026, as filed in the 10-K (SEC EDGAR). The framework scores below 5% as 1.

Profit Margins

3/5

Net margin of 5.9%; the framework scores 5-10% as 3; gross margin 69.7%, operating margin 5.3%.

Balance sheet & cash

Debt-to-Equity

5/5

Net cash: total debt $225.31M, total cash $1.01B. The framework scores a net cash position as 5.

Free Cash Flow

4/5

Free cash flow (operating cash flow minus capital expenditure): $609.10M (2023), $482.56M (2024), $526.87M (2025), $615.74M (2026). It rose every year but one and ended above 2023; the framework scores that as 4.

Retained Earnings

1/5

Retained earnings, as filed in the 10-Ks (SEC EDGAR): -$1.54B (2023), -$1.48B (2024), -$1.37B (2025), -$1.18B (2026). The latest balance is negative (an accumulated deficit); the framework scores that as 1.

Valuation models

Graham IV

1/5

IV = EPS x (8.5 + 2g) x (4.4 / Y) = $0.73 x (8.5 + 2 x 20.0) x (4.4 / 4.5) = $34.62 (EPS CAGR 70.1% capped at 20%). Current price $124.01; price is 258.2% above the model value.

DCF Value

1/5

Free cash flow per share is -$0.34; a two-stage DCF cannot be computed from negative free cash flow.

Margin of Safety

Not scored

Needs both a Graham value and a DCF value. Graham value $34.62 (price is 258.2% above the model value); DCF value N/A (not comparable).

Price-to-Book

1/5

P/B of 26.82; the framework scores above 5.0 as 1.

Business quality

Moat Evidence

Not scored

A moat (a brand, a network, switching costs, patents, scale, a licence) is not a number in the filings, so Valerius doesn’t score it. Below are the figures and the words moat analysis starts from, from the company’s own 10-K filings. The conclusion is yours.

Return on capital, each year

Above 15% in 0 of 10 years (2017-2026); lowest -35.3%, highest 4.7%.

2017: -35.3%, 2018: -22.0%, 2019: -11.6%, 2020: -10.9%, 2021: -12.7%, 2022: -4.5%, 2023: 4.7%, 2024: 2.3%, 2025: 3.6%, 2026: 4.2%

Gross margin, each year

Between 65.5% and 71.4% over 10 years (a range of 5.9 points).

2017: 65.9%, 2018: 65.5%, 2019: 66.4%, 2020: 69.0%, 2021: 68.2%, 2022: 67.5%, 2023: 68.9%, 2024: 71.4%, 2025: 69.8%, 2026: 70.4%

Competition, in the company’s own words · 10-K filed Mar 25, 2026

We operate in the intensely competitive data storage market that is characterized by constant change. Changes in the application requirements, data center infrastructure trends and the broader technology landscape result in evolving customer requirements for capacity, performance scalability and enterprise features of storage systems. Our main competitors include legacy vendors, such as Dell EMC, NetApp, Hitachi

The opening of the company’s “Competition” section in its 10-K, quoted word for word, not summarized or edited. It is the company’s own description, not Valerius’s view, and may include the company’s expectations. Open the filing.

Return on capital = operating income / (total assets − current liabilities), the ROIC row’s definition; 15% is the framework’s return threshold. Gross margin = gross profit / revenue. Both from each year’s 10-K via SEC EDGAR. Moat analysis commonly looks at whether returns and margins held up over many years. These figures don’t say whether the company has an advantage, what it is, or whether it will last.

Capital Allocation

4/5

Capital allocation, 2023-2026: dividends or buybacks paid in every year (pass); $1.07B paid out against $2.23B of free cash flow (pass); total debt $756.12M to $216.72M, down 71.3%, 0.6x EBITDA (pass: not up more than 10%); shares outstanding 0.30B to 0.33B, up 7.2% (fail: up more than 2%). 3 of 4 tests passed; the framework scores that as 4.

Filings

Company notices to the SEC

Not scored

Three kinds of event the company reported to the SEC in the last 5 years, from its filings on SEC EDGAR.

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These are events the company reported to the SEC. An auditor change or a late filing can have many causes; each date links to the filing, where the company explains it. Valerius does not score these.

How the Graham and DCF values were calculated
  Graham Formula:
    IV = EPS x (8.5 + 2g) x (4.4 / Y)
    EPS = $0.73, g = 20.0%, Y = 4.5
    g capped at 20.0% (3-year EPS CAGR was 70.1%)
    IV = $34.62
    Current price $124.01 vs Graham value $34.62 — price is 258.2% above the model value.

  DCF:
    FCF/share -$0.343 — a two-stage DCF cannot be computed from negative free cash flow.

Data from yfinance summary figures and financial statements, and from the company’s 10-K filings via SEC EDGAR; computed at a price of $124.01. Every score is calculated from the figures by the framework’s fixed rules, and the explanation beside it is generated from the same figures: Graham value, DCF value, margin of safety, ROIC, profit margins, debt-to-equity, price-to-book, EPS trend, ROE trend, free cash flow, retained earnings and capital allocation. No AI is involved in this scorecard. The moat is shown as evidence, without a score. Read each score with the figures beside it. A check that cannot be scored from the available data is shown as not scored and left out of the composite score. Intrinsic value calculations are model outputs based on stated assumptions, not predictions.

Recent headlines · third-party publishers · not investment advice

In the news

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The 8 newest headlines whose title names the company, shown automatically and never chosen by Valerius. From third-party publishers via Yahoo Finance, linked to the source. Valerius doesn't write or endorse them. Not investment advice.