Stock Analysis
EPAM SYSTEMS, INC.EPAM
P/E 15.69×· 5Y range 10.19–99.62×· bottom 9% of history
Sector: Technology · Industry: Services-Computer Programming Services
AnalystsBuy26 analystsP/E 15.7× sits at the 9th percentile of its 5.086926762491444-year history.
Cash covers 519% of debt · Q2 2026.
PMP Verdict
Strong business, attractive price
Strengths
- Financial Health100
- Quality90
Risks
- Growth37
High-quality business at an attractive price.
Bull Case
- ✓Altman Z 5.5 — safe-zone balance sheet
- ✓Interest coverage 29.3× — debt well covered
- ✓P/E 15.7× at bottom 9% of 5-year history
What's happening with EPAM
Profile
Strong financial health, valuation, earnings quality and moat; growth lags behind.
How is each axis scored?
- Valuation90/100 · Strong
- P/E vs own history (9th pct)25/25
- FCF yield (7.7%)20/25
- P/S (1.1x)25/25
- EV/EBIT (10.1x)20/25
- Growth37/100 · Weak
- Revenue CAGR (9.8%)12/25
- Net income CAGR (-5.9%)0/25
- EPS CAGR 5Y (-4.7%)0/25
- Fwd implied growth (68.8%)25/25
- Profitability57/100 · Moderate
- ROIC (15.4%)20/25
- ROE (11.4%)12/25
- Net margin (7.2%)13/25
- Operating margin (10.0%)12/25
- Financial Health100/100 · Strong
- Altman Z (5.50)25/25
- Current ratio (2.75)25/25
- Interest coverage (29.3x)25/25
- Net cash / debt (Net cash)25/25
- Quality90/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.65)25/25
- FCF conversion (120%)25/25
- Margin stability (σ 1.9%)25/25
- Moat81/100 · Strong
- ROIC >12% years (10/10 yrs)25/25
- Median gross margin (34.4%)13/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 5.0%)18/25
About EPAM SYSTEMS, INC.
EPAM Systems is a global IT services firm with a focus on platform engineering, software development, and consulting services. Show more
The company used to host large engineer bases in Ukraine, Belarus, and Russia, but it now delivers from various locations across different continents. EPAM's largest market is North America, which represents approximately 60% of revenue.
Headquarters: NEWTOWN, PA · Employees: 62,850 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
90A+P/E (TTM)15.7xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 10.2x–99.6x · 9th pct
P/FCF10.3xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield7.7%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.9%–13.2% · 90th pct
P/S (TTM)1.12xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.7x–12.5x · 9th pct
EV/EBIT10.1xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 5.9x–84.1x · 9th pct
EV/Sales1.0xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E9.3xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.79xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio3.14D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
57CROIC15.4%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE11.4%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA8.5%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin7.2%C
Grade C: AverageNet Income / Revenue
Operating Margin10.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin29.4%D
Grade D: LowGross Profit / Revenue
FCF Margin8.6%C
Grade C: AverageFCF / Revenue
True FCF Margin5.3%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR9.8%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-5.9%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-4.7%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth68.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-12.4%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income46.3%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue3.3%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
100A+Altman Z-Score5.50A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.75xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.56xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage29.3xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.04xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt5.19xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
90A+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.65A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion120.2%A
Grade A: StrongFCF / Net Income
Margin Stability1.9%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.0%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.18xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Fejes Balazs Filed | Fejes Balazs | Tax withholding | -412 | |
Roman Eugene Filed | Roman Eugene | Tax withholding | -673 | |
McMahon Chandra Filed | McMahon Chandra | Grant / award | +2.1K | |
Aguirre DeAnne Filed | Aguirre DeAnne | Grant / award | +2.1K | |
Roman Eugene Filed | Roman Eugene | Grant / award | +2.1K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Shan Helen L. Filed | Shan Helen L. | Grant / award | +2.1K | |
Mayoras Richard Michael Filed | Mayoras Richard Michael | Grant / award | +2.1K | |
Segert Robert E. Filed | Segert Robert E. | Grant / award | +2.1K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
81AROIC >12% Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)34.4%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor5.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.79
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$15.30
Cash & short-term investments per share (Finnhub)
Book Value / Share$68.21
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$152.24M
Total debt obligations (short + long term)
Cash & Equiv.$789.40M
Cash and short-term investments
Net Debt$-637.15MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$3.52B
Shareholders' equity (book value)
Asset / Liability4.34xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$6.30B
Current Market Capitalization
Beta1.34C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: EPAM SYSTEMS, INC. (EPAM)
Piotroski F-Score of 6/9 indicates mixed fundamentals for EPAM SYSTEMS, INC.. Altman Z-Score of 5.50 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.65 suggests a low likelihood of earnings manipulation.
- Company is effectively debt-free after netting cash.
- At a valuation score of 90/100, EPAM trades near the cheapest end of its own historical range (P/E 15.7).
See how EPAM ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all EPAM moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 121.05 | +5.60% | 2.24 |
| Oct 15 | After-hours | 122.26 | +6.66% | 2.64 |
| Oct 2 | Regular | 108.52 | -5.10% | -2.01 |
| Oct 2 | After-hours | 108.29 | -5.30% | -2.09 |
| Oct 1 | Pre-market | 116.00 | +7.05% | 3.29 |
Frequently Asked Questions about EPAM
What is the current EPAM SYSTEMS, INC. (EPAM) stock price?
EPAM is trading at $122.19 at the last market close, down 0.06% on the session. PreMarketPrice tracks EPAM pre-market, intraday and after-hours prices.
Is EPAM stock a buy right now?
PreMarketPrice's quantitative model rates EPAM SYSTEMS, INC.'s financial health at 100/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is EPAM stock overvalued?
EPAM SYSTEMS, INC. trades at a trailing P/E of 15.7 and our valuation score rates it 90/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does EPAM SYSTEMS, INC. report earnings?
No confirmed earnings date is currently scheduled for EPAM. The Earnings section lists recent reports and updates as dates are announced.
What sector does EPAM SYSTEMS, INC. operate in?
EPAM SYSTEMS, INC. operates in the Technology sector, within the Services-Computer Programming Services industry. The Related Stocks section lists sector peers for comparison.
What does EPAM SYSTEMS, INC. do?
EPAM Systems is a global IT services firm with a focus on platform engineering, software development, and consulting services.
About EPAM SYSTEMS, INC. (EPAM) Stock
EPAM SYSTEMS, INC. (EPAM) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming Services industry. As of the latest update, EPAM SYSTEMS, INC. is trading at $122.19, down 0.06% on the day with a market capitalization of $6.3 billion. The financial health score for EPAM is 100/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for EPAM stock.
EPAM Stock Analysis & Key Metrics
On PreMarketPrice, you can track EPAM SYSTEMS, INC. (EPAM) across multiple dimensions:
- Pre-market price & movement: Real-time EPAM stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for EPAM with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for EPAM SYSTEMS, INC. across multiple reporting periods.
- Financial health score: A composite score of 100/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for EPAM.
- Sector peers: Compare EPAM against 6 other technology stocks on key financial metrics.
Is EPAM a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate EPAM SYSTEMS, INC. (EPAM) as an investment. The financial health score of 100/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.EPAM SYSTEMS, INC. (EPAM) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.