PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. More Details
High growth potential with mediocre balance sheet.
Share Price & News
How has PTC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PTC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PTC underperformed the US Software industry which returned 44.7% over the past year.
Return vs Market: PTC exceeded the US Market which returned 14.2% over the past year.
Price Volatility Vs. Market
How volatile is PTC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThese 4 Measures Indicate That PTC (NASDAQ:PTC) Is Using Debt Reasonably Well
4 weeks ago | Simply Wall StAre PTC's (NASDAQ:PTC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
1 month ago | Simply Wall StDid You Miss PTC's (NASDAQ:PTC) Impressive 147% Share Price Gain?
Is PTC undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PTC ($86.7) is trading above our estimate of fair value ($73.49)
Significantly Below Fair Value: PTC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PTC is poor value based on its PE Ratio (115.6x) compared to the US Software industry average (57x).
PE vs Market: PTC is poor value based on its PE Ratio (115.6x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: PTC is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: PTC is overvalued based on its PB Ratio (7.6x) compared to the US Software industry average (6.8x).
How is PTC forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTC's forecast earnings growth (41.8% per year) is above the savings rate (2.2%).
Earnings vs Market: PTC's earnings (41.8% per year) are forecast to grow faster than the US market (23.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PTC's revenue (11.1% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: PTC's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PTC's Return on Equity is forecast to be high in 3 years time (22.1%)
How has PTC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTC has a large one-off loss of $48.0M impacting its June 27 2020 financial results.
Growing Profit Margin: PTC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PTC's earnings have grown by 13.3% per year over the past 5 years.
Accelerating Growth: PTC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PTC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (15.1%).
Return on Equity
High ROE: PTC's Return on Equity (6.6%) is considered low.
How is PTC's financial position?
Financial Position Analysis
Short Term Liabilities: PTC's short term assets ($847.2M) exceed its short term liabilities ($666.3M).
Long Term Liabilities: PTC's short term assets ($847.2M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: PTC's debt to equity ratio (84.7%) is considered high.
Reducing Debt: PTC's debt to equity ratio has increased from 74.5% to 84.7% over the past 5 years.
Debt Coverage: PTC's debt is well covered by operating cash flow (22.7%).
Interest Coverage: PTC's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is PTC current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PTC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PTC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PTC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Heppelmann (56 yo)
Mr. James E. Heppelmann, also known as Jim, has been the Chief Executive Officer of PTC Inc. since October 1, 2010 and has been its President since March 4, 2009. Mr. Heppelmann served as the Chief Operati ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD10.98M) is about average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||1.33yrs||US$2.73m||0.0053% |
|Executive VP||17.58yrs||US$2.50m||0.014% |
|EVP & Chief Strategy Officer||3.25yrs||US$2.50m||0.022% |
|CTO & Executive VP||1.67yrs||no data||no data|
|Executive Vice President Sales & Commercial Marketing||4.83yrs||no data||0.019% |
|Chief People Officer & Executive VP||0.67yr||no data||no data|
|Senior Vice President of WW Channel Sales & Programs||no data||no data||no data|
|Executive VP & GM of Augmented Reality Products||no data||no data||no data|
|Senior Vice President of Corporate Marketing||1.67yrs||no data||no data|
|Executive Vice President of Digital Transformation Solutions Organization||1.17yrs||no data||no data|
|Executive VP & Chief Customer Officer||0.83yr||no data||0.0041% |
Experienced Management: PTC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Independent Director||10.75yrs||US$365.00k||0.059% |
|Independent Chairman of the Board of Directors||5.5yrs||US$452.43k||0.059% |
|Independent Director||4.5yrs||US$325.00k||0.018% |
|Independent Director||7.08yrs||US$337.50k||0.041% |
|Independent Director||5.25yrs||US$317.50k||0.027% |
|Independent Director||3.08yrs||US$325.00k||0.0070% |
|Independent Director||2.17yrs||US$317.50k||0.0071% |
Experienced Board: PTC's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PTC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PTC Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PTC Inc.
- Ticker: PTC
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Application Software
- Sector: Software
- Market Cap: US$10.067b
- Shares outstanding: 116.12m
- Website: https://www.ptc.com
Number of Employees
- PTC Inc.
- 121 Seaport Boulevard
- Boston Seaport District
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PTC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1989|
|PMTA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1989|
|PTC *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 1989|
PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers Creo, a suite ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 05:48|
|End of Day Share Price||2020/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.