EPAM Systems, Inc. (EPAM)
Services-Computer Programming Services
Latest Price
$105.56
TTM P/E
15.17
Normalized P/E
14.50
Div Yield
--
Book Value
63.78
P/B Ratio
1.65
Valuation metrics
adjust assumptions →EPS: $6.72
Book value / share: $67.75
Formula: √(22.5 × EPS × BVPS)
Graham Number
$101.21
4% downside
Norm. op. income: $520M (median of 7yr)
Tax rate: 17%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$102.62
3% downside
Base FCF: $527M (median of recent 5yr)
Growth: 7%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$222.01
+110% upside
EPS: $6.72
Target P/E: 15×
Formula: EPS × P/E
P/E Fair Value
$100.80
5% downside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Capital World Investors | 6.84M | $926.0M | 12.97% | +3.16M | 2026-03-31 |
| Invesco Ltd. | 4.38M | $592.0M | 8.30% | +462.9K | 2026-03-31 |
| BlackRock, Inc. | 4.09M | $553.0M | 7.75% | -85.7K | 2026-03-31 |
| AMERIPRISE FINANCIAL INC | 3.78M | $512.0M | 7.17% | +1.42M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.46M | $469.0M | 6.57% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.96M | $400.0M | 5.61% | -- | 2026-03-31 |
| STATE STREET CORP | 2.23M | $302.0M | 4.23% | -37.7K | 2026-03-31 |
| Boston Partners | 2.11M | $285.0M | 4.00% | +406.5K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.62M | $218.0M | 3.06% | +169.3K | 2026-03-31 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.49M | $205.0M | 2.82% | +414.6K | 2026-03-31 |