PTC INC (PTC) Stock Fundamental Analysis
USA - NASDAQ:PTC - US69370C1009 - Common Stock
173.07 USD
-1.14 (-0.65%)
173.07 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PTC. PTC was compared to 281 industry peers in the Software industry. PTC has an excellent profitability rating, but there are some minor concerns on its financial health. PTC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PTC was profitable.
In the past year PTC had a positive cash flow from operations.
In the past 5 years PTC has always been profitable.
Each year in the past 5 years PTC had a positive operating cash flow.
1.2 Ratios
PTC's Return On Assets of 11.19% is amongst the best of the industry. PTC outperforms 87.90% of its industry peers.
Looking at the Return On Equity, with a value of 19.33%, PTC belongs to the top of the industry, outperforming 86.83% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.80%, PTC belongs to the best of the industry, outperforming 90.75% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PTC is in line with the industry average of 12.08%.
The last Return On Invested Capital (13.80%) for PTC is above the 3 year average (10.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.19% | ||
| ROE | 19.33% | ||
| ROIC | 13.8% |
ROA(3y)7%
ROA(5y)7.65%
ROE(3y)13.4%
ROE(5y)15.45%
ROIC(3y)10.68%
ROIC(5y)10.16%
1.3 Margins
PTC has a Profit Margin of 27.05%. This is amongst the best in the industry. PTC outperforms 88.97% of its industry peers.
In the last couple of years the Profit Margin of PTC has grown nicely.
PTC's Operating Margin of 36.52% is amongst the best of the industry. PTC outperforms 95.02% of its industry peers.
In the last couple of years the Operating Margin of PTC has grown nicely.
PTC's Gross Margin of 83.76% is amongst the best of the industry. PTC outperforms 91.10% of its industry peers.
In the last couple of years the Gross Margin of PTC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.52% | ||
| PM (TTM) | 27.05% | ||
| GM | 83.76% |
OM growth 3Y12.34%
OM growth 5Y16.07%
PM growth 3Y18.65%
PM growth 5Y24.73%
GM growth 3Y1.52%
GM growth 5Y1.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PTC is still creating some value.
PTC has less shares outstanding than it did 1 year ago.
PTC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PTC has an improved debt to assets ratio.
2.2 Solvency
PTC has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.40, PTC is in the better half of the industry, outperforming 72.95% of the companies in the same industry.
PTC has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of PTC (0.31) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | N/A |
ROIC/WACC1.26
WACC10.98%
2.3 Liquidity
A Current Ratio of 1.43 indicates that PTC should not have too much problems paying its short term obligations.
PTC has a Current ratio of 1.43. This is comparable to the rest of the industry: PTC outperforms 45.20% of its industry peers.
PTC has a Quick Ratio of 1.43. This is a normal value and indicates that PTC is financially healthy and should not expect problems in meeting its short term obligations.
PTC has a Quick ratio (1.43) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 57.17% over the past year.
PTC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.59% yearly.
PTC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.18%.
The Revenue has been growing by 13.44% on average over the past years. This is quite good.
EPS 1Y (TTM)57.17%
EPS 3Y20.43%
EPS 5Y25.59%
EPS Q2Q%125.32%
Revenue 1Y (TTM)19.18%
Revenue growth 3Y12.32%
Revenue growth 5Y13.44%
Sales Q2Q%42.65%
3.2 Future
Based on estimates for the next years, PTC will show a small growth in Earnings Per Share. The EPS will grow by 6.46% on average per year.
The Revenue is expected to grow by 9.65% on average over the next years. This is quite good.
EPS Next Y-7.22%
EPS Next 2Y1.1%
EPS Next 3Y4.33%
EPS Next 5Y6.46%
Revenue Next Year7.7%
Revenue Next 2Y7.99%
Revenue Next 3Y8.61%
Revenue Next 5Y9.65%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.63, PTC is valued on the expensive side.
71.89% of the companies in the same industry are more expensive than PTC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.51, PTC is valued at the same level.
PTC is valuated rather expensively with a Price/Forward Earnings ratio of 23.32.
PTC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PTC is cheaper than 68.68% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.98. PTC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 23.32 |
4.2 Price Multiples
PTC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PTC is cheaper than 77.58% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PTC is valued a bit cheaper than 75.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.2 | ||
| EV/EBITDA | 19.72 |
4.3 Compensation for Growth
PTC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y1.1%
EPS Next 3Y4.33%
5. Dividend
5.1 Amount
PTC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
173.07
-1.14 (-0.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.49%
Inst Owner Change-2.96%
Ins Owners0.25%
Ins Owner Change0.32%
Market Cap20.73B
Revenue(TTM)2.74B
Net Income(TTM)741.03M
Analysts79.17
Price Target231.67 (33.86%)
Short Float %2.14%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.79%
Min EPS beat(2)34.28%
Max EPS beat(2)51.3%
EPS beat(4)4
Avg EPS beat(4)33.64%
Min EPS beat(4)22.03%
Max EPS beat(4)51.3%
EPS beat(8)8
Avg EPS beat(8)21.54%
EPS beat(12)10
Avg EPS beat(12)14.28%
EPS beat(16)12
Avg EPS beat(16)11.39%
Revenue beat(2)2
Avg Revenue beat(2)13.62%
Min Revenue beat(2)9.37%
Max Revenue beat(2)17.86%
Revenue beat(4)4
Avg Revenue beat(4)8.09%
Min Revenue beat(4)1.35%
Max Revenue beat(4)17.86%
Revenue beat(8)6
Avg Revenue beat(8)4.16%
Revenue beat(12)7
Avg Revenue beat(12)2.5%
Revenue beat(16)9
Avg Revenue beat(16)1.83%
PT rev (1m)0.29%
PT rev (3m)0.89%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)0.76%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)6.25%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 23.32 | ||
| P/S | 7.57 | ||
| P/FCF | 24.2 | ||
| P/OCF | 23.89 | ||
| P/B | 5.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.72 |
EPS(TTM)8
EY4.62%
EPS(NY)7.42
Fwd EY4.29%
FCF(TTM)7.15
FCFY4.13%
OCF(TTM)7.24
OCFY4.19%
SpS22.87
BVpS32
TBVpS-4.05
PEG (NY)N/A
PEG (5Y)0.85
Graham Number75.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.19% | ||
| ROE | 19.33% | ||
| ROCE | 17.26% | ||
| ROIC | 13.8% | ||
| ROICexc | 14.26% | ||
| ROICexgc | 61.8% | ||
| OM | 36.52% | ||
| PM (TTM) | 27.05% | ||
| GM | 83.76% | ||
| FCFM | 31.27% |
ROA(3y)7%
ROA(5y)7.65%
ROE(3y)13.4%
ROE(5y)15.45%
ROIC(3y)10.68%
ROIC(5y)10.16%
ROICexc(3y)11.21%
ROICexc(5y)10.79%
ROICexgc(3y)619.69%
ROICexgc(5y)388.44%
ROCE(3y)13.35%
ROCE(5y)12.7%
ROICexgc growth 3Y11.21%
ROICexgc growth 5Y10.33%
ROICexc growth 3Y9.05%
ROICexc growth 5Y11.08%
OM growth 3Y12.34%
OM growth 5Y16.07%
PM growth 3Y18.65%
PM growth 5Y24.73%
GM growth 3Y1.52%
GM growth 5Y1.68%
F-Score9
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.4 | ||
| Debt/EBITDA | 1.09 | ||
| Cap/Depr | 10.74% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 12.85 | ||
| Cash Conversion | 78.67% | ||
| Profit Quality | 115.61% | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | N/A |
F-Score9
WACC10.98%
ROIC/WACC1.26
Cap/Depr(3y)17.07%
Cap/Depr(5y)22.09%
Cap/Sales(3y)0.79%
Cap/Sales(5y)1.02%
Profit Quality(3y)182.94%
Profit Quality(5y)150.32%
High Growth Momentum
Growth
EPS 1Y (TTM)57.17%
EPS 3Y20.43%
EPS 5Y25.59%
EPS Q2Q%125.32%
EPS Next Y-7.22%
EPS Next 2Y1.1%
EPS Next 3Y4.33%
EPS Next 5Y6.46%
Revenue 1Y (TTM)19.18%
Revenue growth 3Y12.32%
Revenue growth 5Y13.44%
Sales Q2Q%42.65%
Revenue Next Year7.7%
Revenue Next 2Y7.99%
Revenue Next 3Y8.61%
Revenue Next 5Y9.65%
EBIT growth 1Y69.46%
EBIT growth 3Y26.18%
EBIT growth 5Y31.67%
EBIT Next Year13.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.1%
FCF growth 3Y27.91%
FCF growth 5Y33.42%
OCF growth 1Y15.7%
OCF growth 3Y25.85%
OCF growth 5Y29.99%
PTC INC / PTC FAQ
Can you provide the ChartMill fundamental rating for PTC INC?
ChartMill assigns a fundamental rating of 6 / 10 to PTC.
Can you provide the valuation status for PTC INC?
ChartMill assigns a valuation rating of 4 / 10 to PTC INC (PTC). This can be considered as Fairly Valued.
How profitable is PTC INC (PTC) stock?
PTC INC (PTC) has a profitability rating of 9 / 10.
What is the valuation of PTC INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PTC INC (PTC) is 21.63 and the Price/Book (PB) ratio is 5.41.