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 1,758 - -
Change - 7.93% 2.34% 25.09% -39.46% -1.07% - -
Enterprise Value (EV) 2,527 2,659 2,943 4,298 1,777 1,758 1,758 1,758
Change - 5.22% 10.7% 46.01% -58.66% -1.07% 0% 0%
P/E 27.5x 24.8x 34.3x 44.4x 24.9x 26.3x 23x -
PBR 5.16x 5.88x 5.09x 6.75x - - - -
PEG - 1.1x -1.3x -23.24x 3.2x -14.55x 1.6x -
Capitalization / Revenue 3.81x 3.75x 3.36x 3.9x 1.82x 1.77x 1.75x 1.73x
EV / Revenue 0x 0x 0x 0x 0x 1.77x 1.75x 1.73x
EV / EBITDA 0x 0x 0x 0x 0x 4.44x 4.39x 4.31x
EV / EBIT 0x 0x 0x 0x 0x 4.5x 4.46x 4.39x
EV / FCF 0x 0x 0x 0x 0x 6.5x 6.23x -
FCF Yield 8.19% 8.12% 7.17% 7.03% 12.9% 15.4% 16.1% -
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 42.86 42.86 42.86
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.83x - - -.--% 1.79B
25.14x9.29x15.12x0.79% 3,679B
114.9x49.61x80.52x-.--% 418B
453.09x19.52x76.87x-.--% 91.73B
67.65x14.27x30.09x-.--% 89.45B
156.19x9.11x23.26x-.--% 80.71B
40.6x2.09x16.67x-.--% 74.69B
128.83x5.3x25.56x-.--% 46.17B
163.95x5.21x20.04x-.--% 41.06B
27.79x5.71x27.4x-.--% 36.58B
Average 120.50x 13.34x 35.06x 0.08% 455.9B
Weighted average by Cap. 47.72x 13.06x 23.07x 0.63%

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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