42.89 USD
-0.1 (-0.23%)
At close: Feb 9, 2026
42.89 USD
0 (0%)
After Hours: 2/9/2026, 8:25:57 PM
Taking everything into account, PRGS scores 5 out of 10 in our fundamental rating. PRGS was compared to 277 industry peers in the Software industry. While PRGS has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on PRGS.
1. Profitability
1.1 Basic Checks
- PRGS had positive earnings in the past year.
- PRGS had a positive operating cash flow in the past year.
- In the past 5 years PRGS has always been profitable.
- Each year in the past 5 years PRGS had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of PRGS (2.98%) is better than 65.34% of its industry peers.
- With an excellent Return On Equity value of 15.29%, PRGS belongs to the best of the industry, outperforming 82.67% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 8.59%, PRGS belongs to the best of the industry, outperforming 81.23% of the companies in the same industry.
- PRGS had an Average Return On Invested Capital over the past 3 years of 7.72%. This is below the industry average of 10.91%.
- The last Return On Invested Capital (8.59%) for PRGS is above the 3 year average (7.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 15.29% | ||
| ROIC | 8.59% |
ROA(3y)3.35%
ROA(5y)4.51%
ROE(3y)15.39%
ROE(5y)17.81%
ROIC(3y)7.72%
ROIC(5y)8.49%
1.3 Margins
- PRGS has a better Profit Margin (7.48%) than 67.15% of its industry peers.
- In the last couple of years the Profit Margin of PRGS has declined.
- PRGS has a better Operating Margin (17.84%) than 84.84% of its industry peers.
- PRGS's Operating Margin has declined in the last couple of years.
- PRGS has a better Gross Margin (80.82%) than 83.39% of its industry peers.
- In the last couple of years the Gross Margin of PRGS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.84% | ||
| PM (TTM) | 7.48% | ||
| GM | 80.82% |
OM growth 3Y-5.53%
OM growth 5Y-7.61%
PM growth 3Y-22.06%
PM growth 5Y-16.13%
GM growth 3Y-1.4%
GM growth 5Y-1.22%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PRGS is destroying value.
- PRGS has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for PRGS has been reduced compared to 5 years ago.
- The debt/assets ratio for PRGS has been reduced compared to a year ago.
2.2 Solvency
- PRGS has an Altman-Z score of 1.06. This is a bad value and indicates that PRGS is not financially healthy and even has some risk of bankruptcy.
- PRGS has a worse Altman-Z score (1.06) than 61.01% of its industry peers.
- The Debt to FCF ratio of PRGS is 6.10, which is on the high side as it means it would take PRGS, 6.10 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of PRGS (6.10) is comparable to the rest of the industry.
- PRGS has a Debt/Equity ratio of 2.18. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.18, PRGS is not doing good in the industry: 82.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.18 | ||
| Debt/FCF | 6.1 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.83
WACC10.29%
2.3 Liquidity
- PRGS has a Current Ratio of 0.49. This is a bad value and indicates that PRGS is not financially healthy enough and could expect problems in meeting its short term obligations.
- PRGS's Current ratio of 0.49 is on the low side compared to the rest of the industry. PRGS is outperformed by 93.86% of its industry peers.
- PRGS has a Quick Ratio of 0.49. This is a bad value and indicates that PRGS is not financially healthy enough and could expect problems in meeting its short term obligations.
- PRGS has a worse Quick ratio (0.49) than 93.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- PRGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.02%, which is quite good.
- Measured over the past years, PRGS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.18% on average per year.
- PRGS shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.79%.
- The Revenue has been growing by 17.20% on average over the past years. This is quite good.
EPS 1Y (TTM)16.02%
EPS 3Y11.47%
EPS 5Y13.18%
EPS Q2Q%13.53%
Revenue 1Y (TTM)29.79%
Revenue growth 3Y17.55%
Revenue growth 5Y17.2%
Sales Q2Q%17.54%
3.2 Future
- PRGS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.24% yearly.
- Based on estimates for the next years, PRGS will show a small growth in Revenue. The Revenue will grow by 0.99% on average per year.
EPS Next Y4.77%
EPS Next 2Y3.07%
EPS Next 3Y3.24%
EPS Next 5YN/A
Revenue Next Year1.54%
Revenue Next 2Y1.41%
Revenue Next 3Y1.65%
Revenue Next 5Y0.99%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- PRGS is valuated cheaply with a Price/Earnings ratio of 7.50.
- Based on the Price/Earnings ratio, PRGS is valued cheaper than 91.34% of the companies in the same industry.
- When comparing the Price/Earnings ratio of PRGS to the average of the S&P500 Index (28.06), we can say PRGS is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 7.16, the valuation of PRGS can be described as very cheap.
- 92.06% of the companies in the same industry are more expensive than PRGS, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 27.86. PRGS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 7.16 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PRGS is valued cheaply inside the industry as 88.81% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, PRGS is valued cheaper than 93.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.02 | ||
| EV/EBITDA | 9.64 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- PRGS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.57
PEG (5Y)0.57
EPS Next 2Y3.07%
EPS Next 3Y3.24%
5. Dividend
5.1 Amount
- PRGS has a Yearly Dividend Yield of 1.31%.
- Compared to an average industry Dividend Yield of 0.61, PRGS pays a better dividend. On top of this PRGS pays more dividend than 92.78% of the companies listed in the same industry.
- PRGS's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
- The dividend of PRGS decreases each year by -51.33%.
- PRGS has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-51.33%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PRGS pays out 1.07% of its income as dividend. This is a sustainable payout ratio.
DP1.07%
EPS Next 2Y3.07%
EPS Next 3Y3.24%
42.89
-0.1 (-0.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-20 2026-01-20/amc
Earnings (Next)03-30 2026-03-30
Inst Owners112.82%
Inst Owner Change-0.57%
Ins Owners1.79%
Ins Owner Change3.25%
Market Cap1.84B
Revenue(TTM)977.83M
Net Income(TTM)73.13M
Analysts86.67
Price Target66.81 (55.77%)
Short Float %10.01%
Short Ratio6.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend0.02
Dividend Growth(5Y)-51.33%
DP1.07%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.11%
Min EPS beat(2)12.81%
Max EPS beat(2)13.41%
EPS beat(4)4
Avg EPS beat(4)13.29%
Min EPS beat(4)5.42%
Max EPS beat(4)21.52%
EPS beat(8)8
Avg EPS beat(8)11.08%
EPS beat(12)12
Avg EPS beat(12)10.91%
EPS beat(16)16
Avg EPS beat(16)9.52%
Revenue beat(2)1
Avg Revenue beat(2)-0.02%
Min Revenue beat(2)-2.04%
Max Revenue beat(2)1.99%
Revenue beat(4)1
Avg Revenue beat(4)-0.76%
Min Revenue beat(4)-2.04%
Max Revenue beat(4)1.99%
Revenue beat(8)2
Avg Revenue beat(8)-0.28%
Revenue beat(12)4
Avg Revenue beat(12)0.15%
Revenue beat(16)5
Avg Revenue beat(16)-0.2%
PT rev (1m)-4.15%
PT rev (3m)-4.15%
EPS NQ rev (1m)11.09%
EPS NQ rev (3m)11.09%
EPS NY rev (1m)3.44%
EPS NY rev (3m)3.44%
Revenue NQ rev (1m)1.16%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 7.16 | ||
| P/S | 1.88 | ||
| P/FCF | 8.02 | ||
| P/OCF | 7.83 | ||
| P/B | 3.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.64 |
EPS(TTM)5.72
EY13.34%
EPS(NY)5.99
Fwd EY13.97%
FCF(TTM)5.35
FCFY12.47%
OCF(TTM)5.48
OCFY12.78%
SpS22.79
BVpS11.15
TBVpS-32.97
PEG (NY)1.57
PEG (5Y)0.57
Graham Number37.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 15.29% | ||
| ROCE | 10.59% | ||
| ROIC | 8.59% | ||
| ROICexc | 9.11% | ||
| ROICexgc | N/A | ||
| OM | 17.84% | ||
| PM (TTM) | 7.48% | ||
| GM | 80.82% | ||
| FCFM | 23.47% |
ROA(3y)3.35%
ROA(5y)4.51%
ROE(3y)15.39%
ROE(5y)17.81%
ROIC(3y)7.72%
ROIC(5y)8.49%
ROICexc(3y)8.33%
ROICexc(5y)9.79%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.52%
ROCE(5y)10.47%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-9.62%
ROICexc growth 5Y-8.38%
OM growth 3Y-5.53%
OM growth 5Y-7.61%
PM growth 3Y-22.06%
PM growth 5Y-16.13%
GM growth 3Y-1.4%
GM growth 5Y-1.22%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.18 | ||
| Debt/FCF | 6.1 | ||
| Debt/EBITDA | 3.19 | ||
| Cap/Depr | 3.76% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 2.75 | ||
| Cash Conversion | 72.1% | ||
| Profit Quality | 313.79% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 1.06 |
F-Score7
WACC10.29%
ROIC/WACC0.83
Cap/Depr(3y)4.74%
Cap/Depr(5y)6.25%
Cap/Sales(3y)0.69%
Cap/Sales(5y)0.79%
Profit Quality(3y)285.01%
Profit Quality(5y)254.48%
High Growth Momentum
Growth
EPS 1Y (TTM)16.02%
EPS 3Y11.47%
EPS 5Y13.18%
EPS Q2Q%13.53%
EPS Next Y4.77%
EPS Next 2Y3.07%
EPS Next 3Y3.24%
EPS Next 5YN/A
Revenue 1Y (TTM)29.79%
Revenue growth 3Y17.55%
Revenue growth 5Y17.2%
Sales Q2Q%17.54%
Revenue Next Year1.54%
Revenue Next 2Y1.41%
Revenue Next 3Y1.65%
Revenue Next 5Y0.99%
EBIT growth 1Y10.77%
EBIT growth 3Y11.05%
EBIT growth 5Y8.29%
EBIT Next Year4.39%
EBIT Next 3Y2.76%
EBIT Next 5YN/A
FCF growth 1Y11.25%
FCF growth 3Y7.23%
FCF growth 5Y10.66%
OCF growth 1Y11.2%
OCF growth 3Y6.96%
OCF growth 5Y10.19%
PROGRESS SOFTWARE CORP / PRGS FAQ
What is the ChartMill fundamental rating of PROGRESS SOFTWARE CORP (PRGS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PRGS.
What is the valuation status of PROGRESS SOFTWARE CORP (PRGS) stock?
ChartMill assigns a valuation rating of 8 / 10 to PROGRESS SOFTWARE CORP (PRGS). This can be considered as Undervalued.
Can you provide the profitability details for PROGRESS SOFTWARE CORP?
PROGRESS SOFTWARE CORP (PRGS) has a profitability rating of 7 / 10.
How financially healthy is PROGRESS SOFTWARE CORP?
The financial health rating of PROGRESS SOFTWARE CORP (PRGS) is 2 / 10.
Can you provide the expected EPS growth for PRGS stock?
The Earnings per Share (EPS) of PROGRESS SOFTWARE CORP (PRGS) is expected to grow by 4.77% in the next year.