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Company Analysis

Progress Software Corporation PRGS

A comprehensive view of key metrics, scores, and financial health for Progress Software Corporation

Overview of Progress Software Corporation

PRGS NMS
Technology Software - Infrastructure Small Cap
Progress Software Corporation (PRGS), is a Small Cap company, in the Software - Infrastructure industry, last closed at $34.30, about 190.1% undervalued vs fair value, -38.0% 1Y return, ranked 600/761 in sector.
$34.30
-3.89%
As of March 13, 2026
Previous close • Vol 90d: 49.7%
Market Cap
$1.66B
Enterprise Value
$2.42B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.progress.com
HQ Burlington, MA
Employees 2,801
Fiscal year Nov 30

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$91
$100
$109
Current: $34.30 +190% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$977.8M
29.8%%
Gross Profit
$790.2M
26.9%%
Operating Income
$153.3M
23.6%%
Net Income
$73.1M
6.9%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Operating Cash Flow Margin
24.1%
Good

OCF / Revenue - cash profitability from operations

Locked Metric
-
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Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
Analysis based on partial data. Some metrics unavailable for complete assessment.
1
Active Leaks
0/1
Improving
0
High Impact
0
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Progress Software Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
71
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Strong
87
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 68% Coverage
Trade-Off Triangle Visualization A ternary plot showing PRGS's balance between Growth (36.2%), Profitability (43.4%), and Safety (20.4%). Growth 36% Safety 20% Profitability 43%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

67th percentile vs peers
68
Key Signals
Rev Growth YoY 29.8% 78p Revenue CAGR 3Y 17.5% 59p TSR 2.4% 53p
Strengths
  • Gross Profit Margin in top 20% of peers (80.8%, 86th percentile)
  • Operating Margin in top 20% of peers (15.7%, 80th percentile)
  • D/E Ratio in top 20% of peers (1.78, 85th percentile)
  • Growth above peer median with strong metric coverage (75%)
Risks

No significant risks identified for this axis.

Profitability

81th percentile vs peers
81
Key Signals
Strengths
Risks
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Safety

38th percentile vs peers
38
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Progress Software Corporation.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$99.51
- - -
+190.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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