XNASPRGS
Market cap2.72bUSD
Jan 08, Last price
63.33USD
1D
-1.28%
1Q
-2.90%
Jan 2017
98.34%
Name
Progress Software Corp
Chart & Performance
Profile
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑11 | 2022‑11 | 2021‑11 | 2020‑11 | 2019‑11 | 2018‑11 | 2017‑11 | 2016‑11 | 2015‑11 | |
Income | |||||||||
Revenues | 694,439 15.35% | 602,013 13.31% | |||||||
Cost of revenue | 498,211 | 427,700 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 196,228 | 174,313 | |||||||
NOPBT Margin | 28.26% | 28.96% | |||||||
Operating Taxes | 9,460 | 22,186 | |||||||
Tax Rate | 4.82% | 12.73% | |||||||
NOPAT | 186,768 | 152,127 | |||||||
Net income | 70,197 -26.16% | 95,069 21.23% | |||||||
Dividends | (31,554) | (31,063) | |||||||
Dividend yield | 1.31% | 1.32% | |||||||
Proceeds from repurchase of equity | (8,006) | (44,711) | |||||||
BB yield | 0.33% | 1.90% | |||||||
Debt | |||||||||
Debt current | 33,337 | 13,705 | |||||||
Long-term debt | 746,997 | 649,398 | |||||||
Deferred revenue | 58,946 | 54,770 | |||||||
Other long-term liabilities | 4,547 | 8,687 | |||||||
Net debt | 625,003 | 367,005 | |||||||
Cash flow | |||||||||
Cash from operating activities | 173,920 | 192,160 | |||||||
CAPEX | (5,570) | (6,090) | |||||||
Cash from investing activities | (360,382) | (6,090) | |||||||
Cash from financing activities | 51,188 | (91,681) | |||||||
FCF | 185,333 | 159,224 | |||||||
Balance | |||||||||
Cash | 126,958 | 251,762 | |||||||
Long term investments | 28,373 | 44,336 | |||||||
Excess cash | 120,609 | 265,997 | |||||||
Stockholders' equity | 89,136 | 358,753 | |||||||
Invested Capital | 1,191,292 | 789,572 | |||||||
ROIC | 18.86% | 18.38% | |||||||
ROCE | 15.28% | 16.44% | |||||||
EV | |||||||||
Common stock shares outstanding | 44,658 | 44,247 | |||||||
Price | 53.86 1.01% | 53.32 10.05% | |||||||
Market cap | 2,405,280 1.95% | 2,359,250 9.13% | |||||||
EV | 3,030,283 | 2,726,255 | |||||||
EBITDA | 299,375 | 251,157 | |||||||
EV/EBITDA | 10.12 | 10.85 | |||||||
Interest | 30,780 | 15,790 | |||||||
Interest/NOPBT | 15.69% | 9.06% |