EPAM Systems Financials

E3M Stock

EUR 177.90 2.60 1.48%

We urge to utilize EPAM Systems fundamental analysis to see if markets are right now undervaluing or overvaluing the company. Strictly speaking, you can exercise it to find out if EPAM Systems is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate thirty-three available financial indicators for EPAM Systems, which can be compared to its peers in the sector. The stock experiences a large bullish trend. Check odds of EPAM Systems to be traded at €195.69 in 90 days.

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EPAM Systems Balance Sheet Chart

At this time, EPAM Systems' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The EPAM Systems' current Other Liabilities is estimated to increase to about 131.2 M, while Cash is projected to decrease to roughly 1.1 B.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Key indicators impacting EPAM Systems' financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Operating Income

365 M

626.3 M

Way Down

Slightly volatile

Understanding current and past EPAM Systems Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EPAM Systems' financial statements are interrelated, with each one affecting the others. For example, an increase in EPAM Systems' assets may result in an increase in income on the income statement.

EPAM Systems Stock Summary

EPAM Systems competes with TAL Education, Perseus Mining, CHINA EDUCATION, Coeur Mining, and British American. EPAM Systems, Inc. provides software product development and digital platform engineering services primarily in North America, Europe, Armenia, Belarus, Kazakhstan, Russia, Ukraine, Asia, and Australia. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania. EPAM SYSTEMS operates under Information Technology Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 31400 people.

Specialization	Information Technology, Information Technology Services
Instrument	Germany Stock View All
Exchange	Frankfurt Exchange
ISIN	US29414B1044
Business Address	41 University Drive,
Sector	IT Services
Industry	Information Technology
Benchmark	Dow Jones Industrial
Website	www.epam.com
Phone	267 759 9000
Currency	EUR - Euro

You should never invest in EPAM Systems without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of EPAM Stock, because this is throwing your money away. Analyzing the key information contained in EPAM Systems' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

EPAM Systems Key Financial Ratios

There are many critical financial ratios that EPAM Systems' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that EPAM Systems reports annually and quarterly.

	Revenue	4.73 B
	Gross Profit	1.53 B
	EBITDA	695.68 M
	Net Income	454.53 M
	Total Asset	4.75 B

More Fundamentals

EPAM Systems Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	3.5B	4.0B	4.4B	4.8B	5.5B	5.7B
Other Current Liab	119.5M	150.1M	47.3M	83.6M	96.2M	71.4M
Other Liab	55.2M	66.7M	90.9M	108.6M	124.9M	131.2M
Net Tangible Assets	1.3B	1.7B	1.9B	2.4B	2.8B	2.9B
Retained Earnings	1.8B	2.2B	2.5B	2.6B	2.9B	3.1B
Accounts Payable	24.8M	30.9M	32.0M	44.7M	51.4M	54.0M
Cash	1.4B	1.7B	2.0B	1.3B	1.5B	1.1B
Other Assets	108.6M	121.4M	173.3M	192.3M	221.1M	232.2M
Net Receivables	768.9M	932.6M	897.0M	1.0B	1.2B	609.4M
Good Will	530.7M	529.1M	562.5M	1.2B	1.4B	1.4B
Other Current Assets	1.9M	12.6M	97.4M	136.1M	156.5M	164.4M
Total Liab	1.0B	1.0B	880.9M	1.1B	1.3B	648.4M
Total Current Assets	2.3B	2.8B	3.1B	2.4B	2.8B	1.8B
Intangible Assets	101.1M	77.7M	71.1M	436.4M	501.9M	527.0M
Common Stock	55K	56K	57K	58K	66.7K	58.7K
Long Term Debt	30.2M	27.7M	26.1M	25.2M	22.7M	21.6M
Net Invested Capital	2.5B	3.0B	3.5B	3.7B	4.2B	2.6B
Net Working Capital	1.5B	2.0B	2.4B	1.6B	1.8B	1.6B
Capital Stock	55K	56K	57K	58K	65.6K	62.1K

EPAM Systems Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.

	2021	2022	2023	2024	2025	2026 (projected)
Total Revenue	3.8B	4.8B	4.7B	4.7B	5.4B	2.9B
Gross Profit	1.3B	1.5B	1.4B	1.5B	1.7B	965.8M
Operating Income	542.3M	573.0M	527.2M	544.6M	626.3M	365.0M
Ebit	302.9M	379.3M	545.9M	691.6M	795.3M	835.0M
Cost Of Revenue	2.5B	3.3B	3.3B	3.3B	3.8B	1.9B
Income Before Tax	533.4M	507.3M	536.6M	584.4M	672.1M	358.3M
Net Income	481.7M	419.4M	417.1M	454.5M	522.7M	292.7M
Income Tax Expense	38.5M	51.3M	51.7M	87.8M	101.0M	106.1M
Tax Provision	51.7M	87.8M	119.5M	129.9M	149.4M	75.4M
Net Interest Income	(1.7M)	10.0M	51.1M	46.9M	53.9M	56.6M
Ebitda	404.0M	508.6M	618.5M	665.2M	765.0M	491.4M

EPAM Systems Key Cash Accounts

Cash flow analysis captures how much money flows into and out of EPAM Systems. It measures of how well EPAM is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money EPAM Systems brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money EPAM had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what EPAM Systems has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (capital allocation) and investing in non-business activities like paying off debt or making acquisitions.

	2021	2022	2023	2024	2025	2026 (projected)
Investments	57.5M	(61.6M)	(66.8M)	57.0M	65.6M	68.8M
Change In Cash	125.8M	234.3M	359.5M	(752.7M)	(677.4M)	(643.6M)
Net Borrowings	55K	(13.8M)	(2.1M)	(1.9M)	(1.7M)	(1.6M)
Depreciation	144.0M	139.0M	132.7M	127.1M	146.2M	89.6M
Capital Expenditures	111.5M	81.6M	28.4M	32.1M	37.0M	55.2M
Net Income	481.7M	419.4M	417.1M	454.5M	522.7M	292.7M
Change To Netincome	70.7M	64.3M	80.4M	134.5M	154.6M	162.4M
End Period Cash Flow	1.4B	1.7B	2.0B	1.3B	1.5B	1.3B
Free Cash Flow	460.8M	382.5M	534.2M	527.0M	606.1M	410.9M
Other Non Cash Items	13.1M	32.8M	(599K)	5.7M	6.6M	7.8M

EPAM Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EPAM Systems's current stock value. Our valuation model uses many indicators to compare EPAM Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EPAM Systems competition to find correlations between indicators driving EPAM Systems's intrinsic value. More Info.

EPAM Systems is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.76 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for EPAM Systems is roughly 1.32 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EPAM Systems' earnings, one of the primary drivers of an investment's value.

EPAM Systems Total Assets Over Time

Most indicators from EPAM Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EPAM Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more detail on how to invest in EPAM Stock please use our How to Invest in EPAM Systems guide.The current Selling General Administrative is estimated to decrease to about 541.1 M. The current Tax Provision is estimated to decrease to about 75.4 M

	2023	2024	2025	2026 (projected)
Gross Profit	1.4B	1.5B	1.7B	965.8M
Total Revenue	4.7B	4.7B	5.4B	2.9B

Gross Profit Total Revenue

EPAM Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Short Long Term Debt	Short Term Debt	Non Current Assets Total
Total Assets		0.64	0.99	1.0	0.96	0.99	1.0	0.96	0.86	0.99	0.92	0.93	0.83	-0.9	0.91	-0.62	-0.74	0.9	0.79	0.93	0.84	-0.72	-0.25	-0.95	-0.77	0.95
Other Current Liab	0.64		0.73	0.61	0.66	0.67	0.64	0.6	0.67	0.7	0.71	0.51	0.24	-0.61	0.77	-0.17	-0.53	0.7	0.35	0.64	0.72	-0.27	-0.07	-0.63	-0.45	0.56
Total Current Liabilities	0.99	0.73		0.98	0.94	0.98	0.98	0.96	0.85	0.98	0.91	0.92	0.78	-0.87	0.92	-0.6	-0.71	0.89	0.78	0.91	0.85	-0.66	-0.3	-0.91	-0.73	0.95
Total Stockholder Equity	1.0	0.61	0.98		0.95	0.99	1.0	0.97	0.86	0.98	0.91	0.93	0.85	-0.91	0.89	-0.62	-0.73	0.9	0.8	0.92	0.83	-0.72	-0.24	-0.95	-0.76	0.95
Other Liab	0.96	0.66	0.94	0.95		0.97	0.95	0.89	0.89	0.96	0.9	0.84	0.72	-0.84	0.89	-0.52	-0.86	0.91	0.68	0.94	0.83	-0.78	-0.05	-0.96	-0.84	0.86
Net Tangible Assets	0.99	0.67	0.98	0.99	0.97		0.99	0.93	0.9	0.99	0.92	0.89	0.78	-0.89	0.92	-0.57	-0.78	0.93	0.73	0.94	0.87	-0.75	-0.15	-0.97	-0.81	0.92
Retained Earnings	1.0	0.64	0.98	1.0	0.95	0.99		0.97	0.87	0.99	0.92	0.93	0.84	-0.92	0.9	-0.6	-0.71	0.91	0.78	0.92	0.84	-0.7	-0.25	-0.94	-0.75	0.95
Accounts Payable	0.96	0.6	0.96	0.97	0.89	0.93	0.97		0.73	0.93	0.86	0.98	0.91	-0.9	0.82	-0.69	-0.57	0.8	0.89	0.86	0.72	-0.61	-0.4	-0.86	-0.64	0.98
Cash	0.86	0.67	0.85	0.86	0.89	0.9	0.87	0.73		0.91	0.91	0.63	0.52	-0.82	0.92	-0.22	-0.84	0.99	0.4	0.87	0.92	-0.66	0.12	-0.91	-0.77	0.68
Other Assets	0.99	0.7	0.98	0.98	0.96	0.99	0.99	0.93	0.91		0.93	0.88	0.75	-0.9	0.93	-0.55	-0.78	0.93	0.71	0.93	0.88	-0.73	-0.19	-0.96	-0.8	0.91
Net Receivables	0.92	0.71	0.91	0.91	0.9	0.92	0.92	0.86	0.91	0.93		0.81	0.69	-0.9	0.97	-0.31	-0.79	0.96	0.63	0.93	0.91	-0.64	-0.15	-0.92	-0.73	0.83
Good Will	0.93	0.51	0.92	0.93	0.84	0.89	0.93	0.98	0.63	0.88	0.81		0.94	-0.83	0.77	-0.75	-0.54	0.71	0.96	0.83	0.65	-0.63	-0.5	-0.81	-0.63	0.99
Other Current Assets	0.83	0.24	0.78	0.85	0.72	0.78	0.84	0.91	0.52	0.75	0.69	0.94		-0.77	0.62	-0.74	-0.39	0.6	0.93	0.72	0.51	-0.56	-0.47	-0.71	-0.49	0.92
Other Stockholder Equity	-0.9	-0.61	-0.87	-0.91	-0.84	-0.89	-0.92	-0.9	-0.82	-0.9	-0.9	-0.83	-0.77		-0.82	0.42	0.6	-0.87	-0.66	-0.79	-0.73	0.56	0.22	0.89	0.62	-0.83
Total Liab	0.91	0.77	0.92	0.89	0.89	0.92	0.9	0.82	0.92	0.93	0.97	0.77	0.62	-0.82		-0.29	-0.81	0.96	0.6	0.93	0.96	-0.63	-0.14	-0.89	-0.74	0.82
Deferred Long Term Liab	-0.62	-0.17	-0.6	-0.62	-0.52	-0.57	-0.6	-0.69	-0.22	-0.55	-0.31	-0.75	-0.74	0.42	-0.29		0.18	-0.26	-0.8	-0.5	-0.2	0.48	0.44	0.45	0.39	-0.74
Long Term Investments	-0.74	-0.53	-0.71	-0.73	-0.86	-0.78	-0.71	-0.57	-0.84	-0.78	-0.79	-0.54	-0.39	0.6	-0.81	0.18		-0.84	-0.37	-0.85	-0.81	0.86	-0.19	0.86	0.93	-0.58
Total Current Assets	0.9	0.7	0.89	0.9	0.91	0.93	0.91	0.8	0.99	0.93	0.96	0.71	0.6	-0.87	0.96	-0.26	-0.84		0.5	0.91	0.94	-0.66	0.02	-0.93	-0.77	0.75
Intangible Assets	0.79	0.35	0.78	0.8	0.68	0.73	0.78	0.89	0.4	0.71	0.63	0.96	0.93	-0.66	0.6	-0.8	-0.37	0.5		0.7	0.47	-0.55	-0.6	-0.65	-0.49	0.94
Common Stock	0.93	0.64	0.91	0.92	0.94	0.94	0.92	0.86	0.87	0.93	0.93	0.83	0.72	-0.79	0.93	-0.5	-0.85	0.91	0.7		0.88	-0.79	-0.13	-0.92	-0.84	0.86
Property Plant Equipment	0.84	0.72	0.85	0.83	0.83	0.87	0.84	0.72	0.92	0.88	0.91	0.65	0.51	-0.73	0.96	-0.2	-0.81	0.94	0.47	0.88		-0.62	0.0	-0.86	-0.73	0.72
Long Term Debt	-0.72	-0.27	-0.66	-0.72	-0.78	-0.75	-0.7	-0.61	-0.66	-0.73	-0.64	-0.63	-0.56	0.56	-0.63	0.48	0.86	-0.66	-0.55	-0.79	-0.62		-0.01	0.83	0.96	-0.64
Short Term Investments	-0.25	-0.07	-0.3	-0.24	-0.05	-0.15	-0.25	-0.4	0.12	-0.19	-0.15	-0.5	-0.47	0.22	-0.14	0.44	-0.19	0.02	-0.6	-0.13	0.0	-0.01		0.04	0.01	-0.45
Short Long Term Debt	-0.95	-0.63	-0.91	-0.95	-0.96	-0.97	-0.94	-0.86	-0.91	-0.96	-0.92	-0.81	-0.71	0.89	-0.89	0.45	0.86	-0.93	-0.65	-0.92	-0.86	0.83	0.04		0.88	-0.84
Short Term Debt	-0.77	-0.45	-0.73	-0.76	-0.84	-0.81	-0.75	-0.64	-0.77	-0.8	-0.73	-0.63	-0.49	0.62	-0.74	0.39	0.93	-0.77	-0.49	-0.84	-0.73	0.96	0.01	0.88		-0.65
Non Current Assets Total	0.95	0.56	0.95	0.95	0.86	0.92	0.95	0.98	0.68	0.91	0.83	0.99	0.92	-0.83	0.82	-0.74	-0.58	0.75	0.94	0.86	0.72	-0.64	-0.45	-0.84	-0.65

Click cells to compare fundamentals

EPAM Systems Account Relationship Matchups

EPAM Systems fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	3.5B	4.0B	4.4B	4.8B	5.5B	5.7B
Other Current Liab	119.5M	150.1M	47.3M	83.6M	96.2M	71.4M
Other Liab	55.2M	66.7M	90.9M	108.6M	124.9M	131.2M
Net Tangible Assets	1.3B	1.7B	1.9B	2.4B	2.8B	2.9B
Retained Earnings	1.8B	2.2B	2.5B	2.6B	2.9B	3.1B
Accounts Payable	24.8M	30.9M	32.0M	44.7M	51.4M	54.0M
Cash	1.4B	1.7B	2.0B	1.3B	1.5B	1.1B
Other Assets	108.6M	121.4M	173.3M	192.3M	221.1M	232.2M
Net Receivables	768.9M	932.6M	897.0M	1.0B	1.2B	609.4M
Good Will	530.7M	529.1M	562.5M	1.2B	1.4B	1.4B
Other Current Assets	1.9M	12.6M	97.4M	136.1M	156.5M	164.4M
Total Liab	1.0B	1.0B	880.9M	1.1B	1.3B	648.4M
Total Current Assets	2.3B	2.8B	3.1B	2.4B	2.8B	1.8B
Intangible Assets	101.1M	77.7M	71.1M	436.4M	501.9M	527.0M
Common Stock	55K	56K	57K	58K	66.7K	58.7K
Long Term Debt	30.2M	27.7M	26.1M	25.2M	22.7M	21.6M
Net Invested Capital	2.5B	3.0B	3.5B	3.7B	4.2B	2.6B
Net Working Capital	1.5B	2.0B	2.4B	1.6B	1.8B	1.6B
Capital Stock	55K	56K	57K	58K	65.6K	62.1K

EPAM Systems February 3, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EPAM Systems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EPAM Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of EPAM Systems based on widely used predictive technical indicators. In general, we focus on analyzing EPAM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EPAM Systems's daily price indicators and compare them against related drivers.

	Downside Deviation	2.07
	Information Ratio	0.1578
	Maximum Drawdown	10.23
	Value At Risk	(3.00)
	Potential Upside	4.42

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When running EPAM Systems' price analysis, check to measure EPAM Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EPAM Systems is operating at the current time. Most of EPAM Systems' value examination focuses on studying past and present price action to predict the probability of EPAM Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPAM Systems' price. Additionally, you may evaluate how the addition of EPAM Systems to your portfolios can decrease your overall portfolio volatility.

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