Stock

Everpure

P
63
Computer Hardware · Technology
Also trades as: 0KSA.L GBP 1.26 (-3.79%)
Price
$124.01
-9.39 (-7.04%)
Market Cap
$41.32B
Exchange
New York Stock Exchange
Winston Score
63
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Oct 18, 2026 · filings through Jul 31, 2026

§How the score breaks down

Quality
Good
15/30
Growth
Strong
15/20
Cash Flow
Strong
7/10
Stability
Exceptional
10/10
Valuation
Good
5/10
Ownership
Good
8/15
Dividends
Not counted
n/a

60 of 95 counted points = Winston Score 63. Pillars marked n/a do not apply to this company and are left out of the total.

Share count rising — dilution

+21.1% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 285.9M (2022) → 346.1M (2026)

§Winston Score History

The full picture

Everpure (ticker: P) appears to be a relatively recent or renamed public listing, and reliable details about its specific products and operations under this ticker are limited. Based on its classification in the computer hardware industry and its high gross margin profile, the company likely develops and sells technology hardware products — potentially including computing devices, components, or related equipment — to business and consumer customers.

The company generates revenue primarily through hardware sales, with its nearly 70% gross margin suggesting a meaningful software or services component bundled with its products. With a market cap of roughly $33 billion, it is a mid-to-large-cap technology company. Its operating margin of around 5% indicates the business is investing heavily in growth or facing competitive cost pressures. The gap between gross and operating margins suggests significant spending on research, sales, or expansion efforts, and whether the company can convert its strong gross margins into sustained profitability remains a key question for investors.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+37.7% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+57.1% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$963M/ year

↑ Rising (+20% vs prior year)

26.3% of revenue

1.8x the sector average (15%)

Investing heavily in future products and technology

Insider Activity

5.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~13 months

$1.0B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Revenue accelerating

Everpure grew revenue 38% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
68.4%
Premium pricing power — 68.4% gross margin
Profit after running costs
Operating Margin
5.3%
Thin — 5.3% operating margin
Return on the money invested
ROCE
14.1%
Good — 14.1% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+27.2%
Fast-growing sales (+27.2% YoY)
Profit growth
EPS YoY
+81.0%
Earnings growing fast (+81.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Profit that turns into cash
Cash Conversion
169%
Turns 169% of profit into real cash
Spare cash per sale
FCF Margin
3.0%
Thin free cash flow (3.0%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
0.03
Conservative — low debt load (0.03)
Covers its interest
Interest Cover
96.48x
Comfortably covers interest (96.5x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
163.2x
Expensive — P/E 163.2

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
+139.5
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (163.2 → 23.7)

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Dividends

Not applicable for this business.
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