Everpure (P)
All three bubble tests hold: (1) forward P/E is 42.88x against a peer median of 13.06x, a ratio of 3.28x, well above the 1.75x threshold; (2) trailing P/E is 191.3x, so earnings already delivered are thin relative to the price, with P/S 10.85 and PEG 1.36; (3) latest-quarter revenue grew 37.7% year over year (PRIMARY, EDGAR) — strong but below 50%, and below its own cluster — so merely continuing that growth cannot close a 3.28x gap, and the price requires Everpure's demand and earnings to accelerate well beyond what it has delivered. Delivered demand check: the Technology hardware & storage group's median growth was 48.5% — demand rising, with peers growing faster while priced far cheaper.
What would change this label: Downgrade the bubble call to OVERVALUED if the forward P/E compresses below about 33x (2.5x the peer median) at unchanged estimates, or if revenue growth accelerates above 50% year over year with PEG falling below 1.0 and trailing P/E falling sharply. The bubble case strengthens if growth falls below 25% year over year while the forward P/E stays above 40x.
Everpure sells data-storage systems and its sales grew about 38%, but its shares cost about 43 times expected profit — more than three times what similar hardware companies cost, including rivals growing faster. Profits so far are small compared with the price. The price assumes a big acceleration that has not happened yet, which is why it is labelled a bubble.
Both lines start at 100 on 2020-09-01. Over the full window Everpure returned +823.64% and the S&P 500 +118.28% (price returns; dividends not reinvested). Worst peak-to-trough fall for Everpure: -48.6% (2025-01-23 to 2025-04-04). Source: Nasdaq official daily history.
What the label rests on
All three bubble tests hold: (1) forward P/E is 42.88x against a peer median of 13.06x, a ratio of 3.28x, well above the 1.75x threshold; (2) trailing P/E is 191.3x, so earnings already delivered are thin relative to the price, with P/S 10.85 and PEG 1.36; (3) latest-quarter revenue grew 37.7% year over year (PRIMARY, EDGAR) — strong but below 50%, and below its own cluster — so merely continuing that growth cannot close a 3.28x gap, and the price requires Everpure's demand and earnings to accelerate well beyond what it has delivered. Delivered demand check: the Technology hardware & storage group's median growth was 48.5% — demand rising, with peers growing faster while priced far cheaper. The company’s forward P/E is 42.9× against a peer median of 13.1×. Its own history: UNVERIFIED — no sourced range available. Sector demand read: Delivered demand check: the Technology hardware & storage group's median latest-quarter revenue growth was 48.5% year over year (SEC filings) — demand rising. Latest-quarter sales growth was +37.7% versus a year earlier (SEC filings).
| Company | Price (Oct 27, 2026) | Forward P/E | Trailing P/E |
|---|---|---|---|
| Everpure (P) | $138.14 | 42.9× | 191.3× |
| NTAP | $227.04 | 22.8× | 32.0× |
| HPQ | $32.85 | 11.1× | 12.5× |
| SMCI | $35.29 | 7.5× | 10.8× |
| HPE | $60.47 | 13.1× | 30.8× |
| WDC | $380.88 | 13.2× | 14.8× |
| Peer median | 13.1× |
Multiples: stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026. Peer set chosen by sector; the median is the middle value of the set. The label and its numbers were recorded in the programme’s label registry on Oct 28, 2026 and will be scored at 6 and 12 months.
Sales, profit and cash
Gross margin = gross profit divided by sales, from SEC filings.
Free cash flow = cash from operations minus spending on plant and equipment, both from the company’s SEC cash-flow statement. Gaps are quarters where that spending line is not separately tagged in the filings — shown as gaps, never estimated.
| Quarter | Sales | Gross margin | Net income | EPS (GAAP, diluted) | Free cash flow |
|---|---|---|---|---|---|
| Q/E Aug 2026 2026-08-02 | $1.2B | 68.4% | $74M | 0.21 | $-238M |
| Q/E May 2026 2026-05-03 | $1.1B | 68.7% | $24M | 0.07 | $112M |
| Q/E Feb 2026 2026-02-01 | $1.1B | 69.9% | $100M | — | $201M |
| Q/E Nov 2025 2025-11-02 | $964M | 72.3% | $55M | 0.16 | $53M |
| Q/E Aug 2025 2025-08-03 | $861M | 70.2% | $47M | 0.14 | $150M |
| Q/E May 2025 2025-05-04 | $778M | 68.9% | $-14M | -0.04 | $212M |
| Q/E Feb 2025 2025-02-02 | $880M | 67.5% | $42M | — | $152M |
| Q/E Nov 2024 2024-11-03 | $831M | 70.1% | $64M | 0.19 | $35M |
| Q/E Aug 2024 2024-08-04 | $764M | 70.7% | $36M | 0.10 | $167M |
| Q/E May 2024 2024-05-05 | $693M | 71.5% | $-35M | -0.11 | $173M |
| Q/E Feb 2024 2024-02-04 | $790M | 72.0% | $65M | — | $201M |
| Q/E Nov 2023 2023-11-05 | $763M | 72.5% | $70M | 0.21 | $113M |
The last twelve reported quarters. Full 24-quarter history sits in the data pack behind this page. A dash means the figure is not tagged as a standalone quarter in the company’s SEC facts (the usual case is the fourth quarter, which many companies only report inside the full-year filing) — it is missing, not zero.
Earnings: getting better or worse?
Each box is one quarter’s earnings per share (EPS). Green means EPS was higher than the same quarter a year earlier; red means lower; a dash means the figure is not tagged in the filings.
Basis: GAAP diluted EPS from SEC company facts, compared with the same quarter a year earlier.
Key facts
| Item | Value |
|---|---|
| Company (legal name in filings) | Everpure, Inc. |
| Chief executive | Charles Giancarlo (source: https://en.wikipedia.org/wiki/Everpure) |
| Sector | Technology — Technology Hardware, Storage & Peripherals — sells all-flash data storage systems and storage platforms |
| Share price (Oct 27, 2026) | $138.14 |
| Market value (market cap) | $46.2B — share price times shares outstanding of 333,227,251 (SEC filings; SEC EDGAR dei EntityCommonStockSharesOutstanding (latest)) |
| Sales, last twelve months | $4.3B |
| Net income, last twelve months | $253M |
| Free cash flow, last twelve months | $128M |
| Latest reported quarter | Q/E Aug 2026 (of 24 quarters in the data pack) |
| Six-year price return vs S&P 500 | +823.64% vs +118.28% |
| Worst peak-to-trough fall | -48.6% (2025-01-23 to 2025-04-04) |
What we could not verify
- TTM GAAP diluted EPS could not be summed from company facts because at least one of the last four quarters (typically Q4) has no standalone tagged EPS; trailing P/E is therefore taken from the labelled secondary source in valuation_label.md.
- Own-history P/E range not yet compiled for this company in the Phase 1 batch run; the label rests on peer-median, growth and PEG evidence.
- browser.open of statistics page failed with 429 rate limit; values taken from browser.search snippet of the same stockanalysis.com statistics page (crawled 2 hours ago)
- Ticker P is Everpure, formerly Pure Storage, as shown on statistics page
- Guidance record (each quarter scored against the guidance the company gave the quarter before) is not yet compiled for this company — it is a Phase 2 layer. The earnings strip below therefore uses reported EPS versus a year earlier, which is fully sourced from filings.
The IT factor — the most exciting thing the market is overlooking — is not assessed on an X-Ray page. It belongs to the Deep Dive (Phase 2), where it gets the evidence standard it needs. Leadership-era scoring (the six years split by chief executive) is likewise a Phase 2 layer; this page names the current chief executive only, from a sourced profile.
Sources
- SEC EDGAR submissions — Filing index; company legal name.
https://data.sec.gov/submissions/CIK0001474432.json - SEC EDGAR company facts — Quarterly financial spine: revenue, gross profit, net income, GAAP diluted EPS, operating cash flow, PP&E capex, buybacks, dividends, diluted shares.
https://data.sec.gov/api/xbrl/companyfacts/CIK0001474432.json - Nasdaq official daily history — Daily closes for the company; SPY (assetclass=etf) saved as raw/nasdaq_spy_raw.json over identical dates.
https://api.nasdaq.com/api/quote/P/historical?assetclass=stocks - Valuation multiples and peer figures — stockanalysis.com (SECONDARY, S&P Global data), fetched Oct 28, 2026; see valuation_label.md in the data pack.
Conventions: earliest-filed value per period, as first reported; cash-flow years-to-date differenced quarter by quarter; EPS never differenced; free cash flow = operating cash flow minus plant-and-equipment spending. This page is a dated snapshot — updates are new versions, never silent edits.