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24.07 (1y: +17%)
Market Cap 1.34 B P/E(ttm) 20.80
Enterprise Value 1.02 B P/B 2.10
PRGS- NAS (USA)
Progress Software
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$24.07
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
PRGS's Cash to Debt is ranked higher than
60% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. PRGS: No Debt )
PRGS' s 10-Year Cash to Debt Range
Min: 78.45   Max: No Debt
Current: No Debt
Equity to Asset 0.46
PRGS's Equity to Asset is ranked lower than
53% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.49 vs. PRGS: 0.46 )
PRGS' s 10-Year Equity to Asset Range
Min: 0.19   Max: 0.62
Current: 0.46
0.19
0.62
Interest Coverage No Debt
PRGS's Interest Coverage is ranked higher than
60% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. PRGS: No Debt )
PRGS' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 5.91
M-Score: -2.23
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 14.70
PRGS's Operating margin (%) is ranked lower than
93% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 5.40 vs. PRGS: 14.70 )
PRGS' s 10-Year Operating margin (%) Range
Min: 8.1   Max: 16.5
Current: 14.7
8.1
16.5
Net-margin (%) 14.2
PRGS's Net-margin (%) is ranked lower than
94% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 3.50 vs. PRGS: 14.2 )
PRGS' s 10-Year Net-margin (%) Range
Min: 6.6   Max: 14.2
Current: 14.2
6.6
14.2
ROE (%) 7.4
PRGS's ROE (%) is ranked higher than
90% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.80 vs. PRGS: 7.4 )
PRGS' s 10-Year ROE (%) Range
Min: 5.9   Max: 24.6
Current: 7.4
5.9
24.6
ROA (%) 5.4
PRGS's ROA (%) is ranked higher than
94% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.00 vs. PRGS: 5.4 )
PRGS' s 10-Year ROA (%) Range
Min: 4.1   Max: 13.6
Current: 5.4
4.1
13.6
Revenue Growth (%) -10
PRGS's Revenue Growth (%) is ranked higher than
61% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.20 vs. PRGS: -10 )
PRGS' s 10-Year Revenue Growth (%) Range
Min: -10   Max: 8
Current: -10
-10
8
EBITDA Growth (%) -4.1
PRGS's EBITDA Growth (%) is ranked higher than
77% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. PRGS: -4.1 )
PRGS' s 10-Year EBITDA Growth (%) Range
Min: -9.3   Max: 17.4
Current: -4.1
-9.3
17.4
EPS Growth (%) 8.5
PRGS's EPS Growth (%) is ranked higher than
84% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.85 vs. PRGS: 8.5 )
PRGS' s 10-Year EPS Growth (%) Range
Min: -11.7   Max: 21.6
Current: 8.5
-11.7
21.6
ยป PRGS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

PRGS Guru Trades in Q2 2012

Third Avenue Management 1,203,734 sh (New)
Jim Simons 48,511 sh (New)
Chuck Royce 2,700 sh (unchged)
Steven Cohen Sold Out
Private Capital 203,712 sh (-10.02%)
» More
Q3 2012

PRGS Guru Trades in Q3 2012

Steven Cohen 14,284 sh (New)
Third Avenue Management 1,605,701 sh (+33.39%)
Chuck Royce Sold Out
Jim Simons Sold Out
Private Capital 179,459 sh (-11.91%)
» More
Q4 2012

PRGS Guru Trades in Q4 2012

Steven Cohen 17,073 sh (+19.53%)
Third Avenue Management 1,681,436 sh (+4.72%)
Private Capital 156,551 sh (-12.77%)
» More
Q1 2013

PRGS Guru Trades in Q1 2013

Ken Fisher 150,500 sh (New)
Steven Cohen 40,094 sh (+134.84%)
Third Avenue Management 1,759,997 sh (+4.67%)
Private Capital 144,986 sh (-7.39%)
» More
» Details

Insider Trades

Latest Guru Trades with PRGS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2012-03-31 Sold Out 0.13%$17.69 - $24.59 $ 24.1215%0
Joel Greenblatt 2011-09-30 Add 129%0.1%$17.8 - $26.2 $ 24.1211%62907
Joel Greenblatt 2011-03-31 New Buy0.24%$26.27 - $31.26 $ 24.12-16%27434
Mario Gabelli 2011-03-31 Sold Out $26.27 - $31.26 $ 24.12-16%0
George Soros 2010-09-30 Sold Out 0.01%$17.81 - $22.21 $ 24.1222%0
Mario Gabelli 2010-09-30 New Buy$17.81 - $22.21 $ 24.1222%6160
George Soros 2010-06-30 New Buy0.01%$20.13 - $22.98 $ 24.1213%16100
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 20.80
PRGS's P/E(ttm) is ranked higher than
68% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 25.05 vs. PRGS: 20.80 )
PRGS' s 10-Year P/E(ttm) Range
Min: 12.97   Max: 59.17
Current: 20.8
12.97
59.17
P/B 2.10
PRGS's P/B is ranked lower than
57% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.90 vs. PRGS: 2.10 )
PRGS' s 10-Year P/B Range
Min: 1.25   Max: 7.09
Current: 2.1
1.25
7.09
P/S 4.50
PRGS's P/S is ranked lower than
82% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. PRGS: 4.50 )
PRGS' s 10-Year P/S Range
Min: 1.22   Max: 4.9
Current: 4.5
1.22
4.9
PFCF 44.50
PRGS's PFCF is ranked higher than
62% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.41 vs. PRGS: 44.50 )
PRGS' s 10-Year PFCF Range
Min: 9.17   Max: 92.81
Current: 44.5
9.17
92.81
EV-to-EBIT 20
PRGS's EV-to-EBIT is ranked higher than
73% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.35 vs. PRGS: 20 )
PRGS' s 10-Year EV-to-EBIT Range
Min: 6.5   Max: 27
Current: 20
6.5
27
PEG 6.3
PRGS's PEG is ranked higher than
91% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.37 vs. PRGS: 6.3 )
PRGS' s 10-Year PEG Range
Min: 1.08   Max: 52.83
Current: 6.3
1.08
52.83
Shiller P/E 29.6
PRGS's Shiller P/E is ranked higher than
85% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 22.91 vs. PRGS: 29.6 )
PRGS' s 10-Year Shiller P/E Range
Min: 15.67   Max: 44.36
Current: 29.6
15.67
44.36

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 12.6
PRGS's Price/Net Cash is ranked higher than
91% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 12.20 vs. PRGS: 12.6 )
PRGS' s 10-Year Price/Net Cash Range
Min: 8.6   Max: 75.7
Current: 12.6
8.6
75.7
Price/Net Current Asset Value 24.9
PRGS's Price/Net Current Asset Value is ranked higher than
87% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 13.80 vs. PRGS: 24.9 )
PRGS' s 10-Year Price/Net Current Asset Value Range
Min: 13.3   Max: 25.2
Current: 24.9
13.3
25.2
Price/Tangible Book 3.3
PRGS's Price/Tangible Book is ranked higher than
76% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 3.85 vs. PRGS: 3.3 )
PRGS' s 10-Year Price/Tangible Book Range
Min: 3.1   Max: 6.5
Current: 3.3
3.1
6.5
Price/DCF (Projected) 1.1
PRGS's Price/DCF (Projected) is ranked higher than
86% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. PRGS: 1.1 )
PRGS' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 1.5
Current: 1.1
0.7
1.5
Price/Median PS Value 1.9
PRGS's Price/Median PS Value is ranked higher than
91% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.80 vs. PRGS: 1.9 )
PRGS' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.5
Current: 1.9
0.7
1.5
Price/Graham Number 2.8
PRGS's Price/Graham Number is ranked higher than
82% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 2.20 vs. PRGS: 2.8 )
PRGS' s 10-Year Price/Graham Number Range
Min: 1.4   Max: 3.1
Current: 2.8
1.4
3.1
Earnings Yield (Greenblatt) 5.00
PRGS's Earnings Yield (Greenblatt) is ranked higher than
84% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.80 vs. PRGS: 5.00 )
PRGS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 15.4
Current: 5
3.7
15.4
Forward Rate of Return (Yacktman) 1.91
PRGS's Forward Rate of Return (Yacktman) is ranked higher than
77% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.38 vs. PRGS: 1.91 )
PRGS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.2   Max: 25.6
Current: 1.91
-4.2
25.6

Business Description

Progress Software was incorporated in Massachusetts. It is a global enterprise software company that enables organizations to achieve higher levels of business performance by improving their operational responsiveness. Operational responsiveness is the ability of business processes and systems to respond to changing business conditions and customer interactions as they occur. The Company offers a portfolio of best-in-class, real-time software solutions providing enterprises with significantly improved operational responsiveness within all events and activities that they participate. A key offering is the Progress Responsive Process Management (Progress RPM) suite that provides comprehensive visibility and insight into business systems and processes, event processing to respond to events that could affect performance, and business process management enabling companies to continually improve business processes without disruption to their ongoing operations or technology infrastructure. Progress RPM enables enterprises to achieve a higher level of business performance. The Company also provides enterprise data solutions and application development platforms. Additionally, the Company provides independent software vendors and end-user organizations software platform technology so that they can develop, deploy and manage sophisticated business applications in complex business environments. Its three segments are Application Development Platforms, Enterprise Business Solutions and Enterprise Data Solutions. Application Development Platforms segment includes the Progress OpenEdge product set, which enables independent software vendors (ISVs) and end-user organizations to develop, deploy and manage sophisticated business applications in complex business environments. Enterprise Business Solutions segment includes solutions that provide responsive integration, business transaction management and real-time business visibility, business event processing, and business process management. Products in this segment include the Progress Control Tower, the Progress Apama event processing platform, the Progress Actional business transaction management platform, the Progress Savvion business process management suite, the Progress Sonic integration products and the FuseSource open source infrastructure products. Enterprise Data Solutions segment helps drive operational responsiveness by delivering the right information, in the right form, at the right time. This segment includes solutions and products that provide data management, data integration, replication, caching, access, and security capabilities spanning multiple data sources. The Company globally markets its products direct to end-users and indirect to ISVs, OEMs, and System Integrators. Purchasers of its solutions and products through its direct sales force are generally either business managers or IT managers in corporations and government agencies. In addition, it market its DataDirect C
Company Website
SEC Reports
Industry: Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE
ยป More Articles for PRGS

Headlines

Articles On GuruFocus.com
Weekly Top Insider Buys: AA, CMC, PRGS, TXI, AIR Jan 16 2012 
Progress Software Corp. (PRGS) SVP, CTO, Head of Corp. Dev. John Bates sells 19,737 Shares Feb 16 2011 
Progress Software Corp. (PRGS) President and CEO. Richard Reidy sells 62,717 Shares Jan 11 2011 
Progress Software Corp. (PRGS) Executive Chairman Barry N Bycoff sells 25,378 Shares Jan 11 2011 
Progress Software Corp. (PRGS) Executive Chairman Barry N Bycoff sells 2,234 Shares Jan 10 2011 
Progress Software Corp. (PRGS) President and CEO. Richard Reidy sells 11,667 Shares Dec 29 2010 
Progress Software Corp. (PRGS) SVP, CTO, Head of Corp. Dev. John Bates sells 5,163 Shares Oct 13 2010 
Progress Software Corp. Reports Operating Results (10-Q) Oct 12 2010 
Progress Software Corp. Reports Operating Results (10-Q) Jul 09 2010 
Progress Software Corp. (PRGS) Senior VP, Finance and CFO Norman R Robertson sells 23,000 Shares May 05 2010 

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