Progress Software Corporation (PRGS) exhibits 80.8% gross margins and 8.5% return on invested capital within Technology (Computer Software: Prepackaged Software), balanced against a 17.6x enterprise multiple and 4.8% implied options volatility.
Sustained 80.8% gross profitability converts into 15.7% operating margin and 8.5% ROIC, outpacing sector cost of capital.
ROIC: 8.5% // GM: 80.8%YoY revenue trajectory of +29.8% paired with 12.50% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +29.8% // FCF YLD: 12.50%Altman Z-Score of 3.80 and Piotroski F-Score of 7/9 indicate low near-term refinancing stress.
ALTMAN Z: 3.80 // F-SCORE: 7/9Trading at 25.1x trailing P/E (21.1x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 25.1x // EV/EBITDA: 17.6xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $45.13 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Computer Software: Prepackaged Software require continuous execution to defend 7.5% net margins.
NET MARGIN: 7.5% // D/E: 2.18x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for PRGS & activate live FRED threshold breach alerts.