EPAM

EPAM Systems Inc

TMT


Presented:03/14/2023
Price:$285.50
Cap:$16.47B
Current Price:$198.49
Cap:$11.30B

Presented

Date03/14/2023
Price$285.50
Market Cap$16.47B
Ent Value$17.90B
P/E Ratio40.33x
Book Value$52.06
Div Yield0%
Shares O/S57.68M
Ave Daily Vol408,140
Short Int1.83%

Current

Price$198.49
Market Cap$11.30B
EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

Publicly traded companies mentioned herein: EPAM Systems Inc (EPAM), 

Highlights

The presenter is short shares of IT services company EPAM Systems, noting that while it is a good company, there are three major themes that drive the short thesis including, (1) the people intensive nature of its business model (2) the impact of unfavorable macro headwinds creating a general slowdown in its customer’s demand and (3) the lingering, company specific effects and risks associated with the war in Ukraine. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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