IPM vs EPAM vs INFY Stock Comparison

Intelligent Protection Management, EPAM Systems and Infosys Prices as of Oct 26, 2026 Peers: Industry group
EPAM EPAM Systems, Inc.
$137.43 +27.0% 1M -13.8% 1Y
Market cap
$6.97B
P/E
17.3x
Revenue (TTM)
$5.62B
Div. yield
–
IT Services Technology
3 wins
INFY Infosys Ltd
$12.43 +18.2% 1M -28.9% 1Y
Market cap
$50.40B
P/E
0.2x
Revenue (TTM)
$952.02B
Div. yield
–
IT Services Technology
6 wins

Head to Head

10 decided of 12

Infosys leads on 6 of the 12 questions below (Infosys 6, EPAM Systems 3, Intelligent Protection Management 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPMEPAMINFYLeader
Larger companyMarket capitalisation $22.29M $6.97B $50.40B INFY
Cheaper on earningsLower P/E, profitable companies only -6.0x 17.3x 0.2x INFY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.4x 9.9x 15.2x EPAM
Faster revenue growthRevenue growth, trailing twelve months +113.5% +10.8% +4,736.0% INFY
More profitableNet margin, trailing twelve months -14.8% 7.2% 32.3% INFY
Better return on capitalReturn on invested capital — 11.5% — –
Less leveragedLower net debt / EBITDA — -1.1x 0.2x EPAM
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -14.5% -13.8% -28.9% EPAM
Better 5-year returnAnnualised price return, 5 years -23.1%/yr -26.8%/yr -11.2%/yr INFY
Less volatileAnnualised volatility, 1 year 40.3% 53.6% 42.0% IPM
Higher overall scoreMean of the five percentile scores vs peers 37/100 71/100 83/100 INFY

Percentile Scorecard

IPMEPAMINFY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIPMEPAMINFY
Valuation 12 #44 of 50 55 #23 of 50 100 #1 of 50
Growth 82 #9 of 45 43 #26 of 45 93 #4 of 45
Profitability 13 #36 of 41 80 #9 of 41 88 #6 of 41
Financial Health 43 #36 of 62 89 #8 of 62 66 #22 of 62
Shareholder Returns – 90 #4 of 30 69 #10 of 30
Overall 37 71 83
  • IPM ranked among 66 companies in Technology Services
  • EPAM ranked among 66 companies in Technology Services
  • INFY ranked among 66 companies in Technology Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIPMEPAMINFYSPY
1 month -4.5%+27.0%+18.2% -0.8%
3 months -4.5%+45.8%+5.9% +3.5%
6 months -1.2%+18.2%+1.2% +7.0%
Year to date -0.6%-32.9%-30.2% +12.2%
1 year -14.5%-13.8%-28.9% +13.0%
3 years +8.9%-34.7%-24.4% +86.3%
3 years, per year +2.9%-13.2%-8.9% +23.1%
5 years -73.2%-78.9%-44.9% +68.6%
5 years, per year -23.1%-26.8%-11.2% +11.0%
10 years -71.3%+107.1%+59.2% +258.0%
10 years, per year -11.7%+7.6%+4.8% +13.6%

Risk

MeasureIPMEPAMINFYSPY
Volatility, 1Y 40.3%53.6%42.0% 12.7%
Downside volatility, 1Y 47.8%60.9%43.6% 12.7%
Beta vs S&P 500, 1Y 0.720.420.39 1.00
Return / volatility, 1Y -0.36-0.26-0.69 1.02
Max drawdown, 5Y -79.3%-89.4%-60.0% -25.4%
From 52-week high -20.5%-37.9%-38.5% -1.8%
52-week high $2.15$221.40$20.22 $779.14
52-week low $1.49$76.04$10.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIPMEPAMINFY
P/E now vs peer median -6.0xmedian 17.9x 17.9xmedian 17.9x 0.2xmedian 17.9x
P/S now vs peer median 0.9xmedian 0.7x 1.3xmedian 0.7x 0.1xmedian 0.7x
EV/EBITDA now vs peer median -7.1xmedian 11.0x 9.2xmedian 11.0x 0.5xmedian 11.0x
P/FCF now vs peer median -34.6xmedian 12.1x 14.7xmedian 12.1x 2.4xmedian 12.1x
P/B now vs peer median 1.4xmedian 1.4x 2.0xmedian 1.4x 0.1xmedian 1.4x
PEG now vs peer median 0.84median 1.49 -3.45median 1.49 0.00median 1.49

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIPMEPAMINFY
Revenue $25.19M $5.62B $952.02B
Gross profit $12.19M $1.65B $133.02B
Operating income -$4.54M $563.19M $86.76B
Net income -$3.73M $401.67M $16.45B
Free cash flow -$644.80K $482.64M $21.15B
EPS (diluted) $-0.29 $7.68 $74.63
Cash & equivalents $5.23M $789.40M $243.50B
Total debt – $25.00M $47.85B
Shares (diluted) 13.04M 52.27M 4.12B
Enterprise value -$1.53M $2.61B $37.93B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIPMEPAMINFY
P/E -6.0x 17.9x 0.2x
P/FCF -34.6x 14.7x 2.4x
P/Operating cash flow -39.4x 13.2x 2.7x
P/S 0.9x 1.3x 0.1x
P/B 1.4x 2.0x 0.1x
P/Tangible book 2.7x 2.3x 0.1x
EV/EBITDA -7.1x 9.2x 0.5x
EV/EBIT -3.8x 11.2x 0.9x
EV/Revenue 0.7x 1.1x 0.1x
EV/FCF -26.5x 13.1x 3.5x
EV/Operating cash flow -30.1x 11.7x 4.0x
PEG (3Y EPS CAGR) 0.84 -3.45 0.00

Growth

14 metrics
MetricIPMEPAMINFY
Revenue growth (1Y) 113.5% 10.8% 4,736%
Revenue CAGR (3Y) 32.1% 5.1% 34.8%
Gross profit growth (1Y) 92.0% 8.5% 2,114%
Gross profit CAGR (3Y) 15.8% 2.9% 186.2%
Operating income growth (1Y) 18.0% 4.4% 1,997%
Operating income CAGR (3Y) -14.2% -2.9% 180.8%
Net income growth (1Y) 48.5% 0.1% -4.7%
Net income CAGR (3Y) -20.2% -9.0% 15.4%
EPS growth (1Y) 47.9% 8.3% 116.2%
EPS CAGR (3Y) -7.1% -5.2% 34.4%
Operating cash flow growth (1Y) 59.3% 19.8% 127.6%
Operating cash flow CAGR (3Y) 37.4% -4.3% 1.4%
Free cash flow growth (1Y) 53.6% 17.8% -3.0%
Free cash flow CAGR (3Y) 34.6% -4.8% 5.3%

Profitability

14 metrics
MetricIPMEPAMINFY
Gross margin 48.4% 29.4% 14.0%
EBITDA margin -9.5% 12.3% 14.6%
Operating margin -18.0% 10.0% 9.1%
Pretax margin -16.6% 9.8% 22.6%
Net margin -14.8% 7.2% 32.3%
FCF margin -2.6% 8.6% 2.2%
Operating cash flow margin -2.2% 9.6% 1.9%
Return on equity -22.2% 11.6% 31.0%
Return on assets -12.9% 8.7% 18.6%
Return on invested capital – 11.5% –
Return on capital employed -22.1% 14.7% 29.9%
Asset turnover 0.9x 1.2x 1.2x
Cash conversion (OCF / net income) 0.2x 1.3x 1.1x
Stock comp / revenue 0.6% 3.3% 0.0%

Financial Health

11 metrics
MetricIPMEPAMINFY
Debt / assets – 0.5% 1.7%
Debt / equity – 0.0x 0.0x
Net debt / EBITDA – -1.1x 0.2x
Debt / FCF – 0.1x 1.3x
Liabilities / assets 43.0% 23.1% 39.1%
Equity / assets 57.0% 76.9% 60.9%
Interest coverage – – 41.8x
Current ratio 1.4x 2.8x 2.0x
Quick ratio 0.9x 2.6x 0.7x
Cash ratio 0.6x 1.0x 0.0x
Altman Z-score 0.25 6.66 –

Shareholder Returns

7 metrics
MetricIPMEPAMINFY
Dividend yield – – 4.2%
Net buyback yield – 9.6% –
Shareholder yield – 9.6% 4.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIPMEPAMINFY
Forward P/E 21.4xFY2026 9.9xFY2026 15.2xFY2026
EPS, next fiscal year $0.08FY2026 $13.82FY2026 $0.82FY2026
EPS growth, next FY – +20.2%FY2026 +2.5%FY2026
EPS growth, the year after +75.0% +8.5% +7.3%
Revenue, next fiscal year $24.44MFY2026 $6.04BFY2026 $21.13BFY2026
Revenue growth, next FY +3.5%FY2026 +10.6%FY2026 +4.8%FY2026
Revenue growth, the year after +20.0% +0.9% -3.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPMEPAMINFY
Held by institutions – 100.0% 13.2%
Institutions holding – 438 431
Change in shares held, QoQ – +0.7% +18.7%
Institutions buying – 232 218
Institutions selling – 160 163
Buyers to sellers – 1.45 1.34

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IPMEPAMINFY
IPM 1.00 0.08 0.06
EPAM 0.08 1.00 0.64
INFY 0.06 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IPM, EPAM and INFY?

Infosys (INFY) is the largest by market capitalisation: Intelligent Protection Management (IPM) $22.29M, EPAM Systems (EPAM) $6.97B, Infosys (INFY) $50.40B.

Which stock is cheaper, IPM, EPAM and INFY?

Infosys (INFY) trades on the lowest price-to-earnings ratio (Intelligent Protection Management (IPM) -6.0x, EPAM Systems (EPAM) 17.3x, Infosys (INFY) 0.2x). On next year's consensus earnings, EPAM Systems (EPAM) is cheapest (Intelligent Protection Management (IPM) 21.4x, EPAM Systems (EPAM) 9.9x, Infosys (INFY) 15.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Infosys (INFY) grew revenue fastest over the trailing twelve months: Intelligent Protection Management (IPM) +113.5%, EPAM Systems (EPAM) +10.8%, Infosys (INFY) +4,736.0%.

Which company is more profitable?

Infosys (INFY) has the highest net margin (Intelligent Protection Management (IPM) -14.8%, EPAM Systems (EPAM) 7.2%, Infosys (INFY) 32.3%).

Which stock has performed better?

Over the past year EPAM Systems (EPAM) returned the most: Intelligent Protection Management (IPM) -14.5%, EPAM Systems (EPAM) -13.8%, Infosys (INFY) -28.9%. Over five years, Infosys (INFY) compounded fastest (Intelligent Protection Management (IPM) -23.1%/yr, EPAM Systems (EPAM) -26.8%/yr, Infosys (INFY) -11.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Intelligent Protection Management (IPM) has been the steadiest (Intelligent Protection Management (IPM) 40.3%, EPAM Systems (EPAM) 53.6%, Infosys (INFY) 42.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IPM, EPAM and INFY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Infosys (INFY) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.