US · EPAM
EPAM Systems, Inc.
- Sector
- Technology · Information Technology Services
- Headquarters
- Newtown, PA 18940
- Website
- epam.com
Price · as of 2025-12-31
$112.33
Market cap 7.79B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $163.12 | +45.21% |
| Intrinsic Value(DCF) | $66.16 | -41.1% |
| Graham-Dodd Method(GD) | $77.92 | -30.63% |
| Graham Formula(GF) | $154.48 | +37.52% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $15.32 | $87.13 | $5,412.27 | $18.02 | $146.91 |
| 2012 | $23.68 | $74.77 | $728.13 | $13.34 | $49.41 |
| 2013 | $36.42 | $65.51 | $486.31 | $14.51 | $47.30 |
| 2014 | $61.47 | $77.22 | $566.75 | $16.00 | $56.61 |
| 2015 | $69.56 | $95.81 | $508.67 | $18.87 | $55.88 |
| 2016 | $73.79 | $91.55 | $629.58 | $23.23 | $67.00 |
| 2017 | $122.52 | $133.13 | $701.86 | $23.41 | $44.77 |
| 2018 | $161.08 | $140.17 | $942.06 | $40.54 | $143.98 |
| 2019 | $226.40 | $185.02 | $1,033.04 | $46.96 | $142.56 |
| 2020 | $364.15 | $241.68 | $762.35 | $61.13 | $137.58 |
| 2021 | $200.14 | $199.61 | $2,599.88 | $77.23 | $406.81 |
| 2022 | $282.74 | $224.78 | $3,554.97 | $79.76 | $258.39 |
| 2023 | $309.40 | $223.40 | $972.80 | $86.36 | $39.32 |
| 2024 | $198.80 | $191.46 | $24.60 | $82.40 | $70.58 |
| 2025 | $139.16 | $163.12 | $17.44 | $77.92 | $154.47 |
AI valuation
Our deep-learning model estimates EPAM Systems, Inc.'s (EPAM) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $163.12
- Current price
- $112.33
- AI upside
- +45.21%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$66.16
-41.1% upside
Graham-Dodd
$77.92
-30.63% upside
Graham Formula
$154.48
+37.52% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| EPAM | EPAM Systems, Inc. | $112.33 | 7.79B | +45% | -41% | -31% | +38% | 20.59 | 2.12 | 1.43 | 10.51 | — | 3.78 | 26.55% | 9.55% | 6.92% | 10.34% | 15.48% | 7.83% | 0.04 | — | 2.59 | 2.46 | -1.83 | -1429.00% | 1542.00% | 1626.00% | 7.88% | 0.67 | 24.36% | 0.00% | 0.00% | 8.89% | 12.71 | 10.81 | 1.21 | 6.30 |
| AMKR | Amkor Technology, Inc. | $47.82 | 11.83B | -12% | -51% | -57% | -56% | 31.42 | 2.64 | 1.76 | 9.80 | 641.81 | 2.65 | 13.99% | 6.97% | 5.57% | 8.73% | 9.85% | 4.99% | 0.35 | 6.20 | 2.27 | 1.95 | 0.16 | 490.00% | 618.00% | -4465.00% | 1.62% | 0.64 | 4.76% | 0.69% | 21.80% | 2.05% | 24.37 | 59.64 | 1.70 | 3.74 |
| APLD | Applied Digital Corporati… | $27.27 | 7.62B | +175% | +1,905% | — | — | -12.36 | 4.51 | 13.26 | -37.53 | — | 4.51 | 10.53% | -33.53% | -107.22% | -60.92% | -9.76% | -17.55% | 1.11 | -4.05 | 0.77 | 0.21 | -6.41 | -1145.00% | 5774.00% | 52259.00% | -27.90% | -0.21 | -107.71% | 0.09% | -1.10% | 1.19% | -47.69 | -4.32 | 15.99 | 0.93 |
| AUR | Aurora Innovation, Inc. | $4.68 | 9.12B | — | -53% | — | — | -10.70 | 4.08 | 2911.75 | -8.74 | — | 5.74 | -466.67% | -30033.33% | -27200.00% | -40.65% | -100.45% | -36.42% | 0.07 | — | 11.86 | 11.50 | 0.07 | -435.00% | — | -512.00% | -7.01% | -5.23 | -68.23% | 0.00% | 0.00% | 0.00% | -8.45 | -12.44 | 2538.75 | 22.08 |
| DLB | Dolby Laboratories, Inc. | $66.57 | 6.38B | — | -53% | -77% | -53% | 24.77 | 2.42 | 4.71 | 15.03 | — | 3.75 | 88.13% | 19.64% | 18.90% | — | — | — | 0.01 | — | 3.17 | 2.77 | -1.75 | — | — | — | 6.77% | 1.08 | — | 1.99% | 49.40% | 4.55% | 21.48 | 13.23 | 4.22 | 8.58 |
| DOX | Amdocs Limited | $69.80 | 7.68B | +30% | -49% | — | — | 14.99 | 2.48 | 1.88 | 9.72 | 79.63 | 22.25 | 36.58% | 18.16% | 12.46% | 16.49% | 17.60% | 8.99% | 0.24 | 19.40 | 1.17 | 0.93 | 0.54 | 1882.00% | -943.00% | 423.00% | 7.58% | 0.55 | 16.84% | 2.64% | 39.50% | 9.11% | 10.95 | 13.97 | 1.99 | 4.65 |
| EXLS | ExlService Holdings, Inc. | $31.25 | 5.05B | +54% | +48% | -65% | +5% | 20.02 | 5.51 | 2.41 | 13.02 | 73.41 | 11.00 | 38.37% | 15.03% | 12.02% | 27.25% | 25.88% | 15.12% | 0.44 | 17.82 | 2.56 | 2.07 | 0.66 | 2727.00% | 1356.00% | 3413.00% | 5.93% | 1.08 | 30.83% | 0.00% | 0.00% | 6.54% | 16.26 | 17.11 | 2.44 | 7.27 |
| G | Genpact Limited | $39.72 | 6.85B | +27% | -47% | -74% | +16% | 12.66 | 2.74 | 1.38 | 8.78 | 128.82 | 9.97 | 35.57% | 14.96% | 10.88% | 22.37% | 17.96% | 10.20% | 0.74 | 15.32 | 1.66 | 1.65 | 1.19 | 982.00% | 656.00% | 3856.00% | 10.51% | 0.51 | 22.94% | 1.68% | 21.30% | 5.73% | 10.11 | 10.46 | 1.51 | 3.12 |
| JKHY | Jack Henry & Associates, … | $162.46 | 11.76B | -24% | -52% | -90% | -42% | 25.82 | 5.52 | 4.95 | 14.56 | 133.72 | 18.37 | 42.71% | 23.94% | 19.19% | 21.39% | 21.80% | 14.97% | 0.00 | 54.49 | 1.27 | 0.78 | -0.13 | 1931.00% | 721.00% | 1534.00% | 5.00% | 1.20 | 28.99% | 1.40% | 36.10% | 1.70% | 20.51 | 19.84 | 4.91 | 10.74 |
| KD | Kyndryl Holdings, Inc. | $12.33 | 2.83B | +390% | +31% | -41% | -81% | 37.09 | 7.67 | 0.62 | 7.42 | — | 44.08 | 20.87% | 3.67% | 1.67% | 22.56% | 9.11% | 2.40% | 3.25 | 5.52 | 1.07 | 0.73 | 1.40 | -17095.00% | -620.00% | -27107.00% | 3.61% | 0.22 | 9.63% | 0.00% | 0.00% | 5.99% | 20.86 | 34.17 | 0.76 | 1.99 |
| OTEX | Open Text Corporation | $24.77 | 6.21B | +111% | -15% | — | -93% | 19.74 | 2.19 | 1.63 | 9.12 | — | -1.55 | 63.50% | 20.16% | 8.43% | 10.73% | 10.15% | 3.12% | 1.69 | 2.83 | 0.80 | 0.73 | 3.55 | -351.00% | -731.00% | -1497.00% | 7.99% | 0.30 | 7.23% | 3.16% | 62.30% | 9.48% | 13.20 | 20.50 | 2.66 | 1.31 |
About EPAM Systems, Inc.
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance with private, public, and mobile infrastructures for application, database, network, server, storage, and systems operations management, as well as monitoring, incident notification, and resolution services; and maintenance and support services. It also provides operation solutions comprising integrated engineering practices and smart automation; and optimization solutions that include software application testing, test management, automation, and consulting services to enable customers enhance their existing software testing and quality assurance practices, as well as other testing services that identify threats and close loopholes to protect its customers' business systems from information loss. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. It serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania.
- CEO
- Balazs Fejes
- Employees
- 61.2K
- Beta
- 1.72
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($66.16 ÷ $112.33) − 1 = -41.1% (DCF, example).