Progress Software Corp

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $2.61B
  • PE 46
  • Debt $1.51B
  • Cash $124.16M
  • EV $4.00B
  • FCF $203.75M

Earnings

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Sales & Net Margins

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Earnings$56.75M
EBIT$121.42M
ROE13%
ROA5%
FCF$203.75M
Equity$431.85M
Growth Stability83%
PE46.04
PEG32.79
PB6.05
P/FCF12.82
P/S3.24
Price/Cash0.05
Debt/Equity3.5
Debt/FCF7.41
Net Margins5%
Gross Margins82%
Op. Margins15%
Earnings CAGR13%
Sales Growth YoY29%
Sales Growth QoQ11%
Sales CAGR9%
FCF CAGR11%
Equity CAGR-1%
Earnings Stability0.37
Earnings Growth YoY-52%
Earnings Growth QoQ854%
Earnings CAGR 5Y1%
Sales CAGR 5Y14%
FCF CAGR 5Y9%
Equity CAGR 5Y5%
Earnings CAGR 3Y12%
Sales CAGR 3Y12%
FCF CAGR 3Y5%
Equity CAGR 3Y6%
Market Cap$2.61B
Revenue$806.74M
Dividend Yield1%
Payout Ratio42%
Assets$2.46B
Total Debt$1.51B
Cash$124.16M
Shares Outstanding43.02M
EV4B
Earnings Score26%
Moat Score77%
Safety Score69%
Final Score57%
Working Capital-87.87M
Current Ratio0.79
Gross Profit$662.84M
Shares Growth 3y-0%
Equity Growth QoQ-2%
Equity Growth YoY-6%

Assets & ROA

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Stockholders Equity & ROE

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Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm operates in three segments: OpenEdge, which offers development software for building multi-language applications; Data Connectivity and Integration, which focuses on data integration components of its cloud offerings; and Application Development and Deployment, which focuses on growing application development assets for customers. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States, Europe, the Middle East, and Africa (EMEA).

SEC Filings

Direct access to Progress Software Corp (PRGS) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2025
    • 10-Q Feb 28
  • 2024
    • 10-K Nov 30
    • 10-Q Aug 31
    • 10-Q May 31
    • 10-Q Feb 29
  • 2023
    • 10-K Nov 30
    • 10-Q Aug 31
    • 10-Q May 31
    • 10-Q Feb 28

Sector Comparison

How does Progress Software Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Progress Software Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 13%
Stability 37%
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Progress Software Corp Discounted Cash Flow

Fully customizable DCF calculator online for Progress Software Corp .

= $4.2B
012345678910TV
fcf$204M$225M$249M$275M$304M$336M$371M$411M$454M$502M$554M$5.5B
DCF$205M$206M$207M$208M$209M$210M$211M$212M$213M$214M$2.1B
Value$4.2B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024TTM
Net Margins-2%-14%9%16%6%18%15%16%10%9%5%
ROA--4%10%13%5%10%9%9%7%5%5%
ROE--14%10%20%8%23%19%24%15%16%13%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024TTM
Debt over FCF-1.551.271.082.472.913.753.414.427.477.41
Debt over Equity0.290.370.340.40.931.161.581.591.623.513.5
Growth Stability----100%100%100%100%83%84%83%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024CAGR 5Y
Revenue YoY growth-7%-2%-0%4%7%20%13%15%8%14%
Earnings YoY growth-533%-167%70%-58%202%-2%21%-26%-3%1%
Equity YoY growth--22%-8%-18%7%5%19%-3%15%-5%5%
FCF YoY growth--0%5%12%9%11%26%7%-10%23%9%