178.17 USD
+2.27 (+1.29%)
178.17 USD
0 (0%)
Taking everything into account, PTC scores 6 out of 10 in our fundamental rating. PTC was compared to 278 industry peers in the Software industry. Both the health and profitability get an excellent rating, making PTC a very profitable company, without any liquidiy or solvency issues. PTC has a correct valuation and a medium growth rate. These ratings would make PTC suitable for quality investing!
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.
PTC had positive earnings in each of the past 5 years.
In the past 5 years PTC always reported a positive cash flow from operatings.
1.2 Ratios
PTC's Return On Assets of 11.09% is amongst the best of the industry. PTC outperforms 87.54% of its industry peers.
PTC has a better Return On Equity (19.18%) than 87.54% of its industry peers.
PTC's Return On Invested Capital of 14.98% is amongst the best of the industry. PTC outperforms 92.17% of its industry peers.
PTC had an Average Return On Invested Capital over the past 3 years of 11.08%. This is in line with the industry average of 10.78%.
The 3 year average ROIC (11.08%) for PTC is below the current ROIC(14.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.09% | ||
| ROE | 19.18% | ||
| ROIC | 14.98% |
ROA(3y)6.96%
ROA(5y)7.63%
ROE(3y)13.35%
ROE(5y)15.42%
ROIC(3y)11.08%
ROIC(5y)10.4%
1.3 Margins
PTC has a better Profit Margin (26.80%) than 88.61% of its industry peers.
In the last couple of years the Profit Margin of PTC has grown nicely.
Looking at the Operating Margin, with a value of 36.77%, PTC belongs to the top of the industry, outperforming 95.02% of the companies in the same industry.
PTC's Operating Margin has improved in the last couple of years.
PTC has a better Gross Margin (83.76%) than 90.39% of its industry peers.
In the last couple of years the Gross Margin of PTC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.77% | ||
| PM (TTM) | 26.8% | ||
| GM | 83.76% |
OM growth 3Y12.68%
OM growth 5Y16.28%
PM growth 3Y18.28%
PM growth 5Y24.49%
GM growth 3Y1.52%
GM growth 5Y1.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PTC is creating some value.
Compared to 1 year ago, PTC has less shares outstanding
The number of shares outstanding for PTC has been increased compared to 5 years ago.
PTC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.96 indicates that PTC is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 5.96, PTC is doing good in the industry, outperforming 75.44% of the companies in the same industry.
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.
PTC's Debt to FCF ratio of 1.40 is fine compared to the rest of the industry. PTC outperforms 72.24% of its industry peers.
PTC has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
PTC has a Debt to Equity ratio of 0.31. This is in the lower half of the industry: PTC underperforms 60.14% of its industry peers.
Although PTC does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | 5.96 |
ROIC/WACC1.39
WACC10.81%
2.3 Liquidity
A Current Ratio of 1.12 indicates that PTC should not have too much problems paying its short term obligations.
PTC has a Current ratio of 1.12. This is in the lower half of the industry: PTC underperforms 69.39% of its industry peers.
PTC has a Quick Ratio of 1.12. This is a normal value and indicates that PTC is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.12, PTC is not doing good in the industry: 68.68% of the companies in the same industry are doing better.
The current and quick ratio evaluation for PTC is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 57.17% over the past year.
Measured over the past years, PTC shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.59% on average per year.
Looking at the last year, PTC shows a quite strong growth in Revenue. The Revenue has grown by 19.18% in the last year.
PTC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.44% yearly.
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
PTC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.92% yearly.
The Revenue is expected to grow by 8.23% on average over the next years. This is quite good.
EPS Next Y-1.96%
EPS Next 2Y3.49%
EPS Next 3Y8.94%
EPS Next 5Y6.92%
Revenue Next Year7.4%
Revenue Next 2Y7.85%
Revenue Next 3Y7.84%
Revenue Next 5Y8.23%
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
Based on the Price/Earnings ratio of 22.27, the valuation of PTC can be described as rather expensive.
Based on the Price/Earnings ratio, PTC is valued a bit cheaper than the industry average as 72.24% of the companies are valued more expensively.
PTC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 22.72, PTC is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PTC is valued a bit cheaper than the industry average as 69.39% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.84. PTC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.27 | ||
| Fwd PE | 22.72 |
4.2 Price Multiples
PTC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PTC is cheaper than 78.65% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PTC indicates a somewhat cheap valuation: PTC is cheaper than 75.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.84 | ||
| EV/EBITDA | 20.09 |
4.3 Compensation for Growth
The excellent profitability rating of PTC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y3.49%
EPS Next 3Y8.94%
5. Dividend
5.1 Amount
No dividends for PTC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
178.17
+2.27 (+1.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners102.02%
Inst Owner Change-2.64%
Ins Owners0.3%
Ins Owner Change0.54%
Market Cap21.28B
Revenue(TTM)2.74B
Net Income(TTM)734.00M
Analysts77.39
Price Target222.61 (24.94%)
Short Float %2.75%
Short Ratio3.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-3.91%
PT rev (3m)-3.39%
EPS NQ rev (1m)7.14%
EPS NQ rev (3m)7.31%
EPS NY rev (1m)5.67%
EPS NY rev (3m)6.48%
Revenue NQ rev (1m)0.75%
Revenue NQ rev (3m)0.91%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.27 | ||
| Fwd PE | 22.72 | ||
| P/S | 7.77 | ||
| P/FCF | 24.84 | ||
| P/OCF | 24.53 | ||
| P/B | 5.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.09 |
EPS(TTM)8
EY4.49%
EPS(NY)7.84
Fwd EY4.4%
FCF(TTM)7.17
FCFY4.03%
OCF(TTM)7.26
OCFY4.08%
SpS22.93
BVpS32.03
TBVpS-4.12
PEG (NY)N/A
PEG (5Y)0.87
Graham Number75.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.09% | ||
| ROE | 19.18% | ||
| ROCE | 18.72% | ||
| ROIC | 14.98% | ||
| ROICexc | 15.51% | ||
| ROICexgc | 91.84% | ||
| OM | 36.77% | ||
| PM (TTM) | 26.8% | ||
| GM | 83.76% | ||
| FCFM | 31.27% |
ROA(3y)6.96%
ROA(5y)7.63%
ROE(3y)13.35%
ROE(5y)15.42%
ROIC(3y)11.08%
ROIC(5y)10.4%
ROICexc(3y)11.64%
ROICexc(5y)11.05%
ROICexgc(3y)629.92%
ROICexgc(5y)394.58%
ROCE(3y)13.85%
ROCE(5y)13%
ROICexgc growth 3Y26.99%
ROICexgc growth 5Y19.48%
ROICexc growth 3Y12.23%
ROICexc growth 5Y13.01%
OM growth 3Y12.68%
OM growth 5Y16.28%
PM growth 3Y18.28%
PM growth 5Y24.49%
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 | 1.06 | ||
| Cap/Depr | 10.74% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 12.94 | ||
| Cash Conversion | 78.2% | ||
| Profit Quality | 116.72% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 5.96 |
F-Score9
WACC10.81%
ROIC/WACC1.39
Cap/Depr(3y)17.07%
Cap/Depr(5y)22.09%
Cap/Sales(3y)0.79%
Cap/Sales(5y)1.02%
Profit Quality(3y)183.31%
Profit Quality(5y)150.54%
High Growth Momentum
Growth
EPS 1Y (TTM)57.17%
EPS 3Y20.43%
EPS 5Y25.59%
EPS Q2Q%125.32%
EPS Next Y-1.96%
EPS Next 2Y3.49%
EPS Next 3Y8.94%
EPS Next 5Y6.92%
Revenue 1Y (TTM)19.18%
Revenue growth 3Y12.32%
Revenue growth 5Y13.44%
Sales Q2Q%42.65%
Revenue Next Year7.4%
Revenue Next 2Y7.85%
Revenue Next 3Y7.84%
Revenue Next 5Y8.23%
EBIT growth 1Y70.6%
EBIT growth 3Y26.56%
EBIT growth 5Y31.91%
EBIT Next Year18.83%
EBIT Next 3Y13.05%
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 22.27 and the Price/Book (PB) ratio is 5.56.