Everpure Inc P

Information TechnologyComputers, Phones & Household ElectronicsUnited States of America

Last close 126.98 USD on Nov 1, 2026, +89.5% year to date

Quant rating

Quant rating A Rank 31 of 389 in Information Technology

Growth B 65 of 389
Valuation D 349 of 389
Quality A 32 of 389
Revisions B 112 of 389
Momentum A 22 of 389

Wall Street consensus Buy (1.95)Average target 149.58 USD +17.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 42.3B
Enterprise value: 41.3B
52-week range: 56.79 – 157.50
3-year range: 31.81 – 157.50
Dividend yield: –
Beta (5 years): 1.42
Shares outstanding: 333M
Next earnings: Nov 18, 2026

About the company

Everpure Inc, formerly Pure Storage, Inc., is a data management and storage company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data at scale and across any data workloads in on-premises, cloud and hosted environments and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include Evergreen Architecture, FlashArray, and FlashBlade. Its cloud-native storage includes Portworx, Portworx Data Services, Cloud Block Store, Evergreen//One, and Evergreen//Flex. Its Pure Software includes Purity, Pure1, and Pure Fusion. Its Pure1 is a cloud-based data storage management plane, bringing the convenience of cloud storage to on-premises storage. The Company sells its products and subscription services using a direct sales force and its channel partners.

Growth and profitability fiscal year ends January 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	3,663	3,168	2,831	2,753	2,181	–
Revenue growth	15.6%	11.9%	2.8%	26.3%	29.5%	16.8%
EPS (basic, normalized)	1.98	1.70	1.42	1.41	0.77	–
EPS growth	16.5%	19.7%	0.7%	83.1%	–	–
Gross margin	70.4%	69.8%	71.4%	68.9%	67.5%	69.6%
Net margin	5.1%	3.4%	2.2%	2.7%	−6.6%	1.4%
ROE	13.7%	8.3%	5.5%	8.6%	−19.0%	3.4%

Balance sheet, last quarter
Cash & short-term investments (mil)	1,008
Current ratio	1.51x
Long-term debt (mil)	0
Net debt (mil)	−1,008
Total equity (mil)	1,541
Net debt / equity	−0.65x
Net debt / EBITDA	−1.29x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	3,663	+15.6%	11.3x	782	+15.7%	52.8x	1.98	+16.5%	64.1x
2027	5,053	+38.0%	8.2x	1,150	+46.9%	35.9x	2.78	+40.4%	45.7x
2028	6,969	+37.9%	5.9x	2,021	+75.8%	20.4x	4.17	+49.8%	30.5x
2029	8,337	+19.6%	5.0x	2,569	+27.1%	16.1x	5.53	+32.8%	23.0x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	5,053	0.0%	+12.7%	+15.5%	2.78	+0.1%	+14.2%	+20.4%
2028	6,969	0.0%	+35.2%	+37.6%	4.17	−1.3%	+38.6%	+45.4%
2029	8,337	0.0%	+44.2%	+48.1%	5.53	0.0%	+55.1%	+64.8%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Sales reported (mil)	693	764	831	880	778	861	964	1,059	1,053	1,186
Sales mean (mil)	681	755	815	869	770	847	956	1,031	1,004	1,098
Surprise	+1.8%	+1.2%	+2.0%	+1.3%	+1.1%	+1.7%	+0.9%	+2.7%	+4.8%	+8.0%
EPS reported	0.32	0.44	0.50	0.45	0.29	0.43	0.58	0.69	0.47	0.70
EPS mean	0.21	0.37	0.42	0.41	0.25	0.39	0.58	0.65	0.40	0.58
Surprise	+50.0%	+18.9%	+19.7%	+8.5%	+17.2%	+11.2%	−0.5%	+6.8%	+18.8%	+21.1%

Peer comparison Computers, Phones & Household Electronics

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
P Everpure Inc	42.3B	−1.29x	5.1%	27.47x	45.7x	30.5x	35.9x	20.4x
AAPL Apple Inc.	5.03T	0.15x	26.8%	46.83x	38.9x	35.8x	29.7x	28.1x
DELL Dell Technologies Inc	269.8B	1.83x	5.2%	−190.30x	16.4x	14.0x	11.8x	10.7x
SNDK SanDisk Corporation	166.3B	−0.40x	56.4%	9.14x	5.2x	4.3x	4.0x	3.3x
STX Seagate Technology Holdings PLC	148.0B	0.23x	26.1%	42.88x	16.0x	9.8x	12.7x	7.6x
WDC Western Digital Corp	137.0B	−0.10x	71.9%	14.65x	14.6x	8.9x	11.5x	7.2x
Mean		0.07x	31.9%	−8.22x	22.8x	17.2x	17.6x	12.9x
Median		0.03x	26.5%	21.06x	16.2x	11.9x	12.3x	9.1x

Technical analysis

1M−1.9%
3M+74.0%
1Y+33.2%
3Y+285.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Everpure Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	3,663	3,168	2,831	2,753	2,181	1,684
Cost of revenue	1,085	955	809	856	708	535
Gross profit	2,578	2,213	2,021	1,898	1,473	1,149
Selling, general & administrative expenses	1,500	1,307	1,197	1,122	989	898
Research & development	963	804	737	693	582	480
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	0	15.9	33.6	0	0	31.0
Other operating expenses	0	0	0	0	0	0
Operating income	115	85.3	53.6	83.5	−98.4	−261
Net interest income (expense)	79.0	59.1	37.2	4.2	−32.5	−11.5
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	30.4	3.5	−0.2	4.1	2.4	2.3
Net income before taxes	224	148	90.6	91.8	−128	−270
Provision for taxes	36.1	41.1	29.3	18.7	14.8	11.9
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	188	107	61.3	73.1	−143	−282
Extraordinary items	–	–	–	–	–	–
Net income	188	107	61.3	73.1	−143	−282
EBIT, normalized	115	102	88.4	83.5	−98.4	−229
EBITDA, normalized	265	232	217	190	−15.2	−159
Basic EPS, normalized	1.98	1.70	1.42	1.41	0.77	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Everpure Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	1,547	1,522	1,531	1,582	1,413	1,254
Receivables	1,195	681	662	612	542	461
Total inventory	75.9	42.8	42.7	50.2	38.9	46.7
Prepaid expenses	104	223	173	161	116	89.8
Other current assets	142	99.3	88.7	68.6	81.6	57.2
Total current assets	3,063	2,567	2,498	2,475	2,192	1,908
Property, plant & equipment	773	608	483	431	307	298
Goodwill	365	361	361	361	359	359
Intangibles	7.3	19.1	33.0	49.2	62.6	76.6
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	465	408	281	227	215	178
Total assets	4,674	3,964	3,656	3,543	3,135	2,819
Liabilities
Accounts payable	153	112	82.8	67.1	70.7	67.5
Payable/accrued	–	–	–	–	–	–
Accrued expenses	542	399	402	363	303	245
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	0.6	100	4.2	580	–	–
Other current liabilities	1,214	985	877	740	578	448
Total current liabilities	1,910	1,597	1,366	1,750	952	761
Long-term debt	2.3	0	100	4.8	787	756
Minority interest	–	–	–	–	–	–
Other liabilities	1,316	1,061	920	848	642	553
Total liabilities	3,229	2,657	2,386	2,602	2,381	2,069
Shareholders' equity
Preferred stock	0	0	–	0	–	0
Common stock	0	0	0	0	0	0
Additional paid-in capital	2,625	2,674	2,750	2,494	2,471	2,308
Retained earnings (accumulated deficit)	−1,181	−1,369	−1,476	−1,537	−1,708	−1,565
Treasury stock	–	–	–	–	–	–
Other equity	1.7	1.0	−3.8	−15.5	−8.4	7.4
Total equity	1,446	1,306	1,270	941	754	750
Total liabilities & shareholders' equity	4,674	3,964	3,656	3,543	3,135	2,819

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Everpure Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	188	107	61.3	73.1	−143	−282
Depreciation, depletion & amortization	148	127	124	100	83.2	70.0
Deferred taxes	–	–	–	–	–	–
Non-cash items	469	434	350	335	332	286
Changes in working capital	75.6	86.1	142	259	138	113
Cash from operations	880	754	678	767	410	188
Investing activities
Capital expenditures	−264	−227	−195	−158	−102	−95.0
Other investing cash flows	156	8.5	198	−63.3	−51.0	−323
Cash from investing	−108	−218	3.2	−221	−153	−418
Financing activities
Financing cash flow items	−273	−207	−30.0	−19.6	−10.8	−8.3
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−372	−303	−530	−412	−117	208
Cash from financing	−645	−510	−560	−431	−128	200
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	127	25.6	121	115	129	−30.2
Free cash flow	616	527	483	609	308	92.7

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.