PRGS Relative Valuation
PRGS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PRGS is overvalued; if below, it's undervalued.
Historical Valuation
Progress Software Corp (PRGS) is now in the Undervalued zone, suggesting that its current forward PE ratio of 7.84 is considered Undervalued compared with the five-year average of 11.79. The fair price of Progress Software Corp (PRGS) is between 69.13 to 83.10 according to relative valuation methord. Compared to the current price of 43.67 USD , Progress Software Corp is Undervalued By 36.83%.
Relative Value
Fair Zone
69.13-83.10
Current Price：43.67
36.83%
Undervalued
7.83
PE
1Y
3Y
5Y
Trailing
Forward
6.11
EV/EBITDA
Progress Software Corp. (PRGS) has a current EV/EBITDA of 6.11. The 5-year average EV/EBITDA is 9.76. The thresholds are as follows: Strongly Undervalued below 3.36, Undervalued between 3.36 and 6.56, Fairly Valued between 12.96 and 6.56, Overvalued between 12.96 and 16.16, and Strongly Overvalued above 16.16. The current Forward EV/EBITDA of 6.11 falls within the Undervalued range.
8.58
EV/EBIT
Progress Software Corp. (PRGS) has a current EV/EBIT of 8.58. The 5-year average EV/EBIT is 10.40. The thresholds are as follows: Strongly Undervalued below 8.65, Undervalued between 8.65 and 9.52, Fairly Valued between 11.27 and 9.52, Overvalued between 11.27 and 12.14, and Strongly Overvalued above 12.14. The current Forward EV/EBIT of 8.58 falls within the Strongly Undervalued range.
1.88
PS
Progress Software Corp. (PRGS) has a current PS of 1.88. The 5-year average PS is 3.19. The thresholds are as follows: Strongly Undervalued below 2.19, Undervalued between 2.19 and 2.69, Fairly Valued between 3.69 and 2.69, Overvalued between 3.69 and 4.20, and Strongly Overvalued above 4.20. The current Forward PS of 1.88 falls within the Strongly Undervalued range.
7.19
P/OCF
Progress Software Corp. (PRGS) has a current P/OCF of 7.19. The 5-year average P/OCF is 11.81. The thresholds are as follows: Strongly Undervalued below 3.22, Undervalued between 3.22 and 7.51, Fairly Valued between 16.10 and 7.51, Overvalued between 16.10 and 20.40, and Strongly Overvalued above 20.40. The current Forward P/OCF of 7.19 falls within the Undervalued range.
6.24
P/FCF
Progress Software Corp. (PRGS) has a current P/FCF of 6.24. The 5-year average P/FCF is 10.75. The thresholds are as follows: Strongly Undervalued below 6.77, Undervalued between 6.77 and 8.76, Fairly Valued between 12.73 and 8.76, Overvalued between 12.73 and 14.72, and Strongly Overvalued above 14.72. The current Forward P/FCF of 6.24 falls within the Strongly Undervalued range.
Progress Software Corp (PRGS) has a current Price-to-Book (P/B) ratio of 3.90. Compared to its 3-year average P/B ratio of 5.51 , the current P/B ratio is approximately -29.26% higher. Relative to its 5-year average P/B ratio of 5.49, the current P/B ratio is about -28.99% higher. Progress Software Corp (PRGS) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 8.06%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 8.17% , the current FCF yield is about -100.00% lower.
3.89
P/B
Median3y
5.51
Median5y
5.49
10.01
FCF Yield
Median3y
8.06
Median5y
8.17
Competitors Valuation Multiple
The average P/S ratio for PRGS's competitors is , providing a benchmark for relative valuation. Progress Software Corp Corp (PRGS) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 39.80%, this premium appears sustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PRGS decreased by 33.49% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 178.69M to 249.80M.
The secondary factor is the P/E Change, contributed -22.07%to the performance.
Overall, the performance of PRGS in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
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