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Progress SoftwarePRGS -1.82%79 3-Year EPS without NRI Growth Rate is 11.50% as of May. 2026, which is 18% below its 10-year median of 14.05. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,075 Software companies, Progress Software ranks worse than 51.28% on this metric.
During the past 12 months, Progress Software's average EPS without NRI Growth Rate was 40.30% per year.
During the past 3 years, the average EPS without NRI Growth Rate was 11.50% per year.
During the past 5 years, the average EPS without NRI Growth Rate was 11.70% per year.
During the past 10 years, the average EPS without NRI Growth Rate was 14.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 13 years, the highest 3-Year average EPS without NRI Growth Rate of Progress Software was 130.40% per year. The lowest was -41.30% per year. And the median was 14.05% per year.
Progress Software (NAS:PRGS) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Progress Software 3-Year EPS without NRI Growth Rate Related Terms
PRGS vs PICS, NN, APPN: 3-Year EPS without NRI Growth Rate Comparison
For the Software - Infrastructure subindustry, Progress Software's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Progress Software 3-Year EPS without NRI Growth Rate vs Software Industry
For the Software industry and Technology sector, Progress Software's 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Progress Software's 3-Year EPS without NRI Growth Rate falls into.
Progress Software 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of 11.50% mean?
Progress Software (PRGS) has a 3-Year EPS without NRI Growth Rate of 11.50% as of May. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Progress Software and its competitors. This is 18% below median its historical median of 14.05. According to the industry distribution chart, Progress Software ranks #1064 out of 2075 companies in the Software industry, placing it in the top 51.3%.
Is Progress Software's 3-Year EPS without NRI Growth Rate too high?
Progress Software's current 3-Year EPS without NRI Growth Rate of 11.50% is 18% below median its 10-year median of 14.05. The Software industry median 3-Year EPS without NRI Growth Rate is 12.50. Progress Software's value of 11.50% is 8% below this industry median. Based on the distribution chart, Progress Software ranks #1064 out of 2075 companies in the Software industry, which is below the industry midpoint. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's 3-Year EPS without NRI Growth Rate compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #1064 out of 2075 companies for 3-Year EPS without NRI Growth Rate. This places Progress Software in the lower half of its industry. The industry median 3-Year EPS without NRI Growth Rate is 12.50. Progress Software's value of 11.50% is 8% below this benchmark. While the company's 10-year median is 14.05 vs. the industry median of 12.50, Progress Software has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for a Software company?
The median 3-Year EPS without NRI Growth Rate among Software companies is 12.50, based on 2,075 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EPS without NRI Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current 3-Year EPS without NRI Growth Rate of 11.50% is 8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Progress Software and its competitors. For the Software industry, the median 3-Year EPS without NRI Growth Rate is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current 3-Year EPS without NRI Growth Rate is 11.50%, which is 18% below median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.99 — trading 45.5% below its estimated fair value. The current 3-Year EPS without NRI Growth Rate is 11.50%, which is 18% below median its 10-year median of 14.05 and 8% below the Software industry median of 12.50. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Progress Software (PRGS), the current 3-Year EPS without NRI Growth Rate is 11.50% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progress Software (PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of $42.99 is trading 45.5% below its estimated GF Value™ of $78.84.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for PRGS:
3-Year EPS without NRI Growth Rate: 11.50% (18% below median its 10-year median of 14.05)
GF Value™: $78.84 vs. price of $42.99 (45.5% below fair value)
Industry Position: 8% below the Software median (#1064 of 2075)
No single metric tells the full story. See the PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
79GF Score
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3-Year EPS without NRI Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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