EPAM Systems Inc (EPAM) Files 10-K for the Fiscal Year Ended on December 31, 2017

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EPAM Systems Inc (EPAM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. EPAM Systems Inc is a provider of software engineering solutions and information technology services to clients in different locations. Its services include software development, application maintenance & support, application testing, & licensing. EPAM Systems Inc has a market cap of $6.07 billion; its shares were traded at around $114.61 with a P/E ratio of 87.48 and P/S ratio of 4.56. EPAM Systems Inc had annual average EBITDA growth of 2.40% over the past five years.


For the last quarter EPAM Systems Inc reported a revenue of $399.3 million, compared with the revenue of $313.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, an increase of 25% from last year. For the last five years EPAM Systems Inc had an average revenue growth rate of 27.4% a year.

The reported diluted earnings per share was $1.32 for the year, a decline of 29.4% from the previous year. Over the last five years EPAM Systems Inc had an EPS growth rate of 5.5% a year. The EPAM Systems Inc had a decent operating margin of 11.92%, compared with the operating margin of 11.52% a year before. The 10-year historical median operating margin of EPAM Systems Inc is 12.80%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, EPAM Systems Inc has the cash and cash equivalents of $582.6 million, compared with $362.0 million in the previous year. The long term debt was $25.0 million, compared with $25.0 million in the previous year. The interest coverage to the debt is 6.6. EPAM Systems Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $114.61, EPAM Systems Inc is traded at 38.4% premium to its historical median P/S valuation band of $82.82. The P/S ratio of the stock is 4.56, while the historical median P/S ratio is 3.30. The stock gained 55.83% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Richard Michael Mayoras sold 2,500 shares of EPAM stock on 02/22/2018 at the average price of $114.72. The price of the stock has decreased by 0.1% since.

For the complete 20-year historical financial data of EPAM, click here.

This article first appeared on GuruFocus.


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