EPAMEPAM Systems

$136.24-4.2% 1Y

Is the price fair?

Good

Undemanding: cheap against its own history and cheap vs its sector.

2 good, 1 neutral
What the price assumes~+1% a year

Priced for ~1% a year FCF growth. Roughly in line with its three-year revenue growth of 5% a year.

Vs its own P/E rangecheapest in 41 quartersderived

Cheap vs its own history: P/E 18.5 vs a 40.6 median over 41 quarters (−54% vs median).

Vs sector (EV/EBIT)11.1×

Sector median 29.4× across 209 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market
FCF yieldbetter than 70% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What EPAM's price assumes

EPAM Systems trades at 18.5× earnings against 19.8× for the median Information Technology Services name, cheaper than its own group.

18.5

Trailing P/E · Information Technology Services median 19.8 · cheaper than the typical name in its group

Price / sales
1.25

Price / sales · today's price, trailing year to Jun 30, 2026

Free cash flow yield
6.9%

Free cash flow yield · Information Technology Services median 8.2%

Growth the price implies
+1.4%

Growth the price implies · The price pays for +1.4% free cash flow growth a year for a decade; the business has delivered −4.8% a year over the last three.

Details›
Price / booktoday's price, trailing year to Jun 30, 2026
2.00
EV / EBITtoday's price, trailing year to Jun 30, 2026
11.1
EV / salestoday's price, trailing year to Jun 30, 2026
1.12
Technology median P/E450 names
34.1
Information Technology Services median P/E45 names
19.8
Free cash flow, trailing twelve months
$483M
Market capitalisation51.6 million shares, counted Jul 31, 2026
$7.03B
3-year revenue growth
+5.1%
3-year free cash flow growth
−4.8%
EPAM has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 18.5× today against a 40.6× median
52-week range$76.04 – $221.40
Today$136.24

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

What is it worth?

Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.