Company Valuation: Progress Software Corporation

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,124 2,293 2,346 2,935 1,777 1,555 - -
Change - 7.93% 2.34% 25.09% -39.46% -12.49% - -
Enterprise Value (EV) 2,527 2,659 2,943 4,298 1,777 1,555 1,555 1,555
Change - 5.22% 10.7% 46.01% -58.66% -12.49% 0% 0%
P/E 27.5x 24.8x 34.3x 44.4x 24.9x 22.7x 19.8x -
PBR 5.16x 5.88x 5.09x 6.75x - - - -
PEG - 1.1x -1.3x -23.24x 3.2x -12.56x 1.4x -
Capitalization / Revenue 3.81x 3.75x 3.36x 3.9x 1.82x 1.56x 1.55x 1.53x
EV / Revenue 0x 0x 0x 0x 0x 1.56x 1.55x 1.53x
EV / EBITDA 0x 0x 0x 0x 0x 3.92x 3.89x 3.81x
EV / EBIT 0x 0x 0x 0x 0x 3.98x 3.94x 3.89x
EV / FCF 0x 0x 0x 0x 0x 5.75x 5.51x 5.48x
FCF Yield 8.19% 8.12% 7.17% 7.03% 12.9% 17.4% 18.2% 18.2%
Dividend per Share 2 0.7 0.7 0.7 0.525 - - - -
Rate of return 1.44% 1.31% 1.3% 0.77% - - - -
EPS 2 1.76 2.15 1.57 1.54 1.66 1.63 1.867 -
Distribution rate 39.8% 32.6% 44.6% 34.1% - - - -
Net sales 1 557.3 610.6 698.2 753.4 977.8 995.7 1,005 1,019
EBITDA 1 290.3 209 215.8 230.6 310.8 396.2 400 408
EBIT 1 229.2 242.1 270.6 298.5 384.8 390.4 394.4 400.1
Net income 1 78.42 95.07 70.2 68.44 73.13 68.41 83.65 -
Net Debt 402.9 366.3 597 1,363 - - - -
Reference price 2 48.45 53.32 53.86 68.41 41.41 36.92 36.92 36.92
Nbr of stocks (in thousands) 43,843 42,998 43,565 42,905 42,908 41,013 - -
Announcement Date 1/18/22 1/17/23 1/16/24 1/21/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.26x - - -.--% 1.55B
22.52x8.63x14.29x0.94% 2,900B
92.34x37.21x62.21x-.--% 299B
118.18x37.72x119.3x0.15% 122B
74.92x15.06x32.83x-.--% 92.95B
443.94x19.04x76.56x-.--% 87.48B
139.97x8.24x21.04x-.--% 72.3B
34.9x1.83x14.33x-.--% 64.24B
118.57x4.97x24.59x-.--% 43.37B
-33.37x4.37x20.94x-.--% 35.54B
Average 103.52x 15.23x 42.90x 0.11% 371.72B
Weighted average by Cap. 45.57x 12.07x 23.82x 0.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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