COMPARE · Data as of August 21, 2026
APLD vs EPAM
Verdict: Side-by-side breakdown using the Bull Rankings model. APLD scored 30.5, EPAM scored 82.0 — EPAM leads.
Compare another set
APLD
Applied Digital Corporation
30.5
$27.21 · $7.7B
fundamentals as of
Score gap
51.5
EPAM leads
EPAM
EPAM Systems, Inc.
82
$110.34 · $5.7B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthAPLD+167.5%
- Strongest balance sheetEPAM0.04
- Highest qualityEPAM73 / 100
- Largest discount to fair valueEPAM-5%
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
APLD
stronger →← stronger
EPAM
13
Qualityreturns · margins · balance sheet
73
100
Growthrevenue & earnings expansion
82
22
Valuevaluation vs sector peers
92
EPAM is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
APLD
EPAM
-$2.8bF
FCF
$483mC
+167.5%A
Rev
+10.8%B
1.36C
D/E
0.04A-
12.7xC
P/S
—
1.83C+
PEG
0.57A-
—
P/E
15.0xA-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
APLD
EPAM
—
Price vs fair valuelower is cheaper
5% below
—
Growth the price implies10-yr FCF · lower = less priced in
~4%/yr
—
1-yr DCF upside
+0%
—
5-yr DCF upside
+5%
—
10-yr DCF upside
+13%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
APLD
Why this score
- Diluting shareholders
EPAM
Why this score
- Buying back stock
The companies
APLDApplied Digital Corporation
Why now
Information Technology Services · market cap $7.7b. Down 46% from 52-week high of $50.73 — deep drawdown territory. Revenue growing +167% — in hypergrowth territory. 11 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $74.23 (implying +173% upside).
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Free cash flow is negative (-$2.8b) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -30.2%) — path to GAAP profitability is the core thesis risk. Down 46% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
EPAMEPAM Systems, Inc.
Why now
Information Technology Services · market cap $5.7b. Down 50% from 52-week high of $222.53 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. PEG 0.57 — paying under fair value for the growth rate. 17 sell-side analysts rate this a Buy with a mean 1-yr target of $122.82 (implying +11% upside).
Moat
ROE 11% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 120% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 50% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where APLD and EPAM diverge
On the headline score the gap is 51.5 points in favor of EPAM. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueAPLD 22.0 · EPAM 91.7EPAM +69.7
- QualityAPLD 12.9 · EPAM 73.2EPAM +60.3
- GrowthAPLD 100.0 · EPAM 82.3APLD +17.7
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.