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PTC

PTCNasdaqGS:PTC Stock Report

Market Cap

US$13.0b

7D

-4.8%

1Y

2.3%

Updated

30 Nov, 2021

Data

Company Financials +
PTC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance6/6
Financial Health4/6
Dividends0/6

PTC Stock Overview

PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific.

PTC Competitors

Adobe

NasdaqGS:ADBE

US$327.1b

salesforce.com

NYSE:CRM

US$290.5b

Intuit

NasdaqGS:INTU

US$196.7b

Workday

NasdaqGS:WDAY

US$70.4b

Price History & Performance

Summary of all time highs, changes and price drops for PTC
Historical stock prices
Current Share PriceUS$110.32
52 Week HighUS$153.73
52 Week LowUS$105.51
Beta1.25
1 Month Change-13.37%
3 Month Change-16.21%
1 Year Change2.29%
3 Year Change22.10%
5 Year Change137.91%
Change since IPO4,943.20%

Recent News & Updates

Nov 21
When Should You Buy PTC Inc. (NASDAQ:PTC)?

When Should You Buy PTC Inc. (NASDAQ:PTC)?

PTC Inc. ( NASDAQ:PTC ) saw significant share price movement during recent months on the NASDAQGS, rising to highs of...

Oct 24
We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt

We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 28
Returns Are Gaining Momentum At PTC (NASDAQ:PTC)

Returns Are Gaining Momentum At PTC (NASDAQ:PTC)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...

Sep 24

PTC Inc.: Now Best Price-Positioned Technology-Advancing Stock, As Seen By Market-Makers

This article focuses solely on several stocks’ most important attribute, its coming prices. Lots of would-be investors have hopes and “fundamentals” speculation about what they should be. But one investor group in particular bets daily on what they will be. That is the market-making community, acting to provide liquidity for big-money transactions. Risk~reward tradeoffs and net payoffs forecast for this group are larger and sounder than those on many S&P 500 Index stocks and of several other Market-Maker [MM] forecast securities. They also outdo the prospects of many stocks widely-held by Seeking Alpha readers, contributors, and commenters. For investment in portfolios where wealth-building is a principal objective, information technology advances frequently make their identified stocks leading buy candidates.

Shareholder Returns

PTCUS SoftwareUS Market
7D-4.8%-0.4%-0.9%
1Y2.3%36.8%23.3%

Return vs Industry: PTC underperformed the US Software industry which returned 33.7% over the past year.

Return vs Market: PTC underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is PTC's price volatile compared to industry and market?
PTC volatility
PTC Average Weekly Movement4.4%
Software Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: PTC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PTC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19856,709Jim Heppelmannhttps://www.ptc.com

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 ThingWorx platform, which offers a set of capabilities that enable enterprises to digitally transform every aspect of their business with innovative solutions that are simple to create, easy to implement, scalable to meet future needs, and designed to enable customers to accelerate time to value; and Vuforia, which enables the visualization of digital information in a physical context and the creation of AR.

PTC Fundamentals Summary

How do PTC's earnings and revenue compare to its market cap?
PTC fundamental statistics
Market CapUS$13.00b
Earnings (TTM)US$476.92m
Revenue (TTM)US$1.81b

27.3x

P/E Ratio

7.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTC income statement (TTM)
RevenueUS$1.81b
Cost of RevenueUS$371.10m
Gross ProfitUS$1.44b
ExpensesUS$959.13m
EarningsUS$476.92m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.05
Gross Margin79.46%
Net Profit Margin26.39%
Debt/Equity Ratio70.6%

How did PTC perform over the long term?

See historical performance and comparison

Valuation

Is PTC undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PTC ($110.32) is trading below our estimate of fair value ($292.76)

Significantly Below Fair Value: PTC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PTC is good value based on its PE Ratio (27.3x) compared to the US Software industry average (43.6x).

PE vs Market: PTC is poor value based on its PE Ratio (27.3x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: PTC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PTC's PB Ratio (6.4x) is in line with the US Software industry average.


Future Growth

How is PTC forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

-1.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTC's earnings are forecast to decline over the next 3 years (-1% per year).

Earnings vs Market: PTC's earnings are forecast to decline over the next 3 years (-1% per year).

High Growth Earnings: PTC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PTC's revenue (8.9% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: PTC's revenue (8.9% 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 (23.9%)


Past Performance

How has PTC performed over the past 5 years?

70.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTC has high quality earnings.

Growing Profit Margin: PTC's current net profit margins (26.4%) are higher than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: PTC has become profitable over the past 5 years, growing earnings by 70.4% per year.

Accelerating Growth: PTC's earnings growth over the past year (264.9%) exceeds its 5-year average (70.4% per year).

Earnings vs Industry: PTC earnings growth over the past year (264.9%) exceeded the Software industry 20.5%.


Return on Equity

High ROE: PTC's Return on Equity (23.4%) is considered high.


Financial Health

How is PTC's financial position?


Financial Position Analysis

Short Term Liabilities: PTC's short term assets ($1.1B) exceed its short term liabilities ($779.3M).

Long Term Liabilities: PTC's short term assets ($1.1B) do not cover its long term liabilities ($1.7B).


Debt to Equity History and Analysis

Debt Level: PTC's net debt to equity ratio (54.6%) is considered high.

Reducing Debt: PTC's debt to equity ratio has reduced from 89.2% to 70.6% over the past 5 years.

Debt Coverage: PTC's debt is well covered by operating cash flow (25.6%).

Interest Coverage: PTC's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Jim Heppelmann (57 yo)

11.08yrs

Tenure

US$47,303,293

Compensation

Mr. James E. Heppelmann, also known as Jim, has been an Independent Director of Agile Growth Corp. since 2021. He has been the Chief Executive Officer of PTC Inc. since October 1, 2010 and has been its Pre...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD47.30M) is above average for companies of similar size in the US market ($USD11.11M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: PTC's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: PTC's board of directors are considered experienced (6.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PTC Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: PTC Inc.
  • Ticker: PTC
  • Exchange: NasdaqGS
  • Founded: 1985
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$13.004b
  • Shares outstanding: 117.87m
  • Website: https://www.ptc.com

Number of Employees


Location

  • PTC Inc.
  • 121 Seaport Boulevard
  • Boston
  • Massachusetts
  • 2210
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 00:10
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.