$EPAM Systems (EPAM.US)$Excluded from the analysis on 20th M...

A USA company listed in 2012, mainly engaged in IT service business, with its main market in the USA and UK, is currently priced at 190.54.

Revenue grew in the first 4 years over the past 5 years, but encountered a 2.8% contraction in 2023. Operating profit shrank by 8% in 2023, while pre-tax net profit grew by 5.8% due to a sharp increase in interest income and a decrease in losses from selling securities. The average growth rate over the past 5 years was 16.5%. Interest income reached 0.051 billion in 2023. The gross margin fell from 35.1% to 30.6% over the past 5 years, and the net margin fell from 11.4% to 8.9%. The current ROE is 12.9%.

Q1 2024 revenue saw a consecutive 3.8% decline, with operating profit and pre-tax net profit shrinking by 8.2% and 2.9% respectively.

Currently, the PE ratio is 27, and the TTM PE ratio is 26.1. Considering that the growth seems to have peaked at the moment, I will observe for the time being.