We’ve recently updated our valuation analysis.

Perficient Valuation

Is PRFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRFT?

Other financial metrics that can be useful for relative valuation.

PRFT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.4x
Enterprise Value/EBITDA17x
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

How does PRFT's PE Ratio compare to its peers?

The above table shows the PE ratio for PRFT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.7x
DAVA Endava
43.2x17.2%US$5.1b
GLOB Globant
49.4x28.3%US$6.8b
CINT CI&T
37.5x30.8%US$1.0b
DXC DXC Technology
8.6x7.6%US$6.5b
PRFT Perficient
31.3x18.4%US$2.6b

Price-To-Earnings vs Peers: PRFT is good value based on its Price-To-Earnings Ratio (31.3x) compared to the peer average (34.7x).


Price to Earnings Ratio vs Industry

How does PRFT's PE Ratio compare vs other companies in the US IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.8%
n/an/an/a

Price-To-Earnings vs Industry: PRFT is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the US IT industry average (28.3x)


Price to Earnings Ratio vs Fair Ratio

What is PRFT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRFT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.3x
Fair PE Ratio25.3x

Price-To-Earnings vs Fair Ratio: PRFT is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).


Share Price vs Fair Value

What is the Fair Price of PRFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PRFT ($74.47) is trading below our estimate of fair value ($79.64)

Significantly Below Fair Value: PRFT is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PRFT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$74.47
US$86.75
+16.5%
12.1%US$107.00US$70.00n/a8
Jan ’24US$69.83
US$87.38
+25.1%
11.0%US$107.00US$75.00n/a8
Dec ’23US$73.34
US$86.88
+18.5%
11.4%US$107.00US$75.00n/a8
Nov ’23US$66.47
US$86.88
+30.7%
11.4%US$107.00US$75.00n/a8
Oct ’23US$65.02
US$107.63
+65.5%
14.8%US$140.00US$85.00n/a8
Sep ’23US$75.75
US$115.25
+52.1%
11.3%US$140.00US$100.00n/a8
Aug ’23US$107.91
US$126.88
+17.6%
8.3%US$145.00US$110.00n/a8
Jul ’23US$90.25
US$128.13
+42.0%
8.3%US$145.00US$110.00n/a8
Jun ’23US$98.65
US$130.71
+32.5%
6.7%US$145.00US$120.00n/a7
May ’23US$99.41
US$132.00
+32.8%
7.0%US$145.00US$120.00n/a7
Apr ’23US$112.29
US$134.83
+20.1%
6.4%US$145.00US$122.00n/a6
Mar ’23US$100.54
US$134.83
+34.1%
6.4%US$145.00US$122.00n/a6
Feb ’23US$105.81
US$149.83
+41.6%
5.8%US$163.00US$138.00n/a6
Jan ’23US$129.29
US$149.83
+15.9%
5.8%US$163.00US$138.00US$69.836
Dec ’22US$129.33
US$149.83
+15.9%
5.8%US$163.00US$138.00US$73.346
Nov ’22US$123.91
US$149.83
+20.9%
5.8%US$163.00US$138.00US$66.476
Oct ’22US$119.37
US$117.50
-1.6%
7.2%US$130.00US$104.00US$65.026
Sep ’22US$117.83
US$117.50
-0.3%
7.2%US$130.00US$104.00US$75.756
Aug ’22US$94.29
US$109.83
+16.5%
5.4%US$116.00US$100.00US$107.916
Jul ’22US$81.98
US$77.33
-5.7%
4.4%US$83.00US$72.00US$90.256
Jun ’22US$72.46
US$77.33
+6.7%
4.4%US$83.00US$72.00US$98.656
May ’22US$65.61
US$77.33
+17.9%
4.4%US$83.00US$72.00US$99.416
Apr ’22US$61.00
US$71.33
+16.9%
7.0%US$80.00US$65.00US$112.296
Mar ’22US$58.15
US$72.00
+23.8%
7.3%US$80.00US$65.00US$100.545
Feb ’22US$56.74
US$52.40
-7.6%
8.6%US$57.00US$46.00US$105.815
Jan ’22US$47.65
US$52.40
+10.0%
8.6%US$57.00US$46.00US$129.295

Analyst Forecast: Target price is less than 20% higher than the current share price.


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