Mulya.ai
Ticker
EPAM
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?10.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.399
Beta (levered) ?1.448
Terminal OM% ?15.3%
Segment conc. ?36% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

EPAM · EPAM Systems, Inc.

$80.682026-07-21
Sector: Technology; Industry: Information Technology Services; Sub-Industry: IT Consulting & Other Services

Intrinsic Value Range Comparison · Mulya.ai

Bull
$309
+283.4% vs market
Base · active
$217
+168.9% vs market
Bear
$214
+165.4% vs market
Mulya.ai vs Analyst IV Comparison?
Market $81
Median $112
Bear $214
Base $217
Bull $309
Market Price $81
Mulya.ai Base $217
Analysts Median $112
Mulya.ai IV range ($214 · $309)
Analysts Range ($99 · $247)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$4.7B10.7%19.1%$405MM−$89MM$316MM10.1%27.2%$1.5B$7.70
2024.Q4$4.7B0.0%10.7%22.2%$390MM−$945MM−$555MM12.1%20.0%$2.4B$7.70
2025.Q1$4.7B0.8%11.5%25.8%$404MM−$961MM−$557MM10.7%16.4%$2.5B$8.39
2025.Q4$4.7B0.0%11.5%25.3%$407MM−$81MM$326MM12.4%16.3%$2.4B$8.39
2026.Q1$5.6B17.5%9.9%27.3%$400MM−$177MM$223MM10.3%15.9%$2.6B$7.147.9
italics below = DCF projection · 10yr Rev CAGR: 4.6%
2027.Q1$5.8B+4.7%9.6%26.6%$409MM−$124MM$285MM10.2%$259MM15.4%$2.7B$7.5510.7
2028.Q1$6.2B+6.3%9.8%25.8%$449MM−$175MM$275MM10.0%$227MM16.0%$2.9B$8.309.7
2029.Q1$6.5B+4.9%9.8%25.1%$476MM−$146MM$330MM9.8%$248MM16.1%$3.0B$8.799.2
2030.Q1$6.8B+4.5%9.8%24.4%$502MM−$142MM$361MM9.7%$247MM16.1%$3.2B$9.278.7
2031.Q1$7.1B+4.3%9.8%23.6%$529MM−$144MM$385MM9.5%$240MM16.3%$3.3B$9.768.3
Term. Yr+$9.0B4.1%15.3%20.0%$1.1B−$192MM$912MM8.6%$8.2B23.6%
Active scenario IV: $217 (+168.9% vs market)