Company Valuation: Pegasystems Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,133 2,814 4,083 7,992 10,136 5,886 - -
Change - -69.19% 45.07% 95.77% 26.82% -41.93% - -
Enterprise Value (EV) 1 9,361 3,111 4,159 7,720 9,710 5,362 4,850 4,183
Change - -66.77% 33.69% 85.63% 25.78% -44.78% -9.55% -13.75%
P/E -145x -8.11x 66.9x 84x 28x 26.7x 19.4x 16.9x
PBR 22x 21.6x 11.6x - 12.9x 8.71x 5.71x 3.91x
PEG - -0x -1x 1.6x 0x -0.7x 0.5x 1.2x
Capitalization / Revenue 7.54x 2.14x 2.85x 5.34x 5.81x 3.14x 2.86x 2.63x
EV / Revenue 7.73x 2.36x 2.9x 5.16x 5.56x 2.86x 2.36x 1.87x
EV / EBITDA 167x 21.4x 14.9x 22.7x 21.5x 10.4x 8.34x 6.23x
EV / EBIT 170x 24.1x 15.8x 23.7x 22x 11.1x 8.77x 6.55x
EV / FCF 327x -238x 20.7x 22.8x 19.8x 10.1x 8.11x 6.85x
FCF Yield 0.31% -0.42% 4.83% 4.38% 5.05% 9.86% 12.3% 14.6%
Dividend per Share 2 0.06 0.06 0.06 0.06 0.105 0.1146 0.1129 0.1127
Rate of return 0.11% 0.35% 0.25% 0.13% 0.18% 0.32% 0.32% 0.31%
EPS 2 -0.385 -2.11 0.365 0.555 2.13 1.341 1.844 2.113
Distribution rate -15.6% -2.84% 16.4% 10.8% 4.93% 8.55% 6.12% 5.33%
Net sales 1 1,212 1,318 1,433 1,497 1,746 1,873 2,059 2,238
EBITDA 1 55.89 145.2 278.7 339.8 452 514.8 581.6 671
EBIT 1 54.91 128.8 263.9 325.4 440.9 482.3 553.2 638.8
Net income 1 -63.04 -345.6 67.81 99.19 393.4 242.1 292.8 352.8
Net Debt 1 227.9 296.4 76.03 -272.5 -425.8 -524.1 -1,036 -1,703
Reference price 2 55.91 17.12 24.43 46.60 59.72 35.80 35.80 35.80
Nbr of stocks (in thousands) 1,63,351 1,64,382 1,67,112 1,71,508 1,69,723 1,64,405 - -
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.69x2.86x10.41x0.32% 588.57Cr
25.41x6.7x11.89x1.25% 47TCr
25.74x5.16x16.28x1.47% 24TCr
86.88x8.45x22.62x-.--% 14TCr
-5.22x107.77x1504.41x-.--% 5.25TCr
35.5x3.34x12.29x0.19% 4.39TCr
24.86x10.02x16.39x-.--% 2.02TCr
34.81x2.3x20.96x-.--% 1.92TCr
-211.82x3.75x12.56x - 1.37TCr
85.93x8.18x34.87x-.--% 1.25TCr
Average 12.88x 15.85x 166.27x 0.36% 10.19TCr
Weighted average by Cap. 30.44x 11.57x 91.82x 0.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Pegasystems Inc.
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