Dynatrace, Inc.

NYSE:DT Stock Report

Market Cap: US$16.6b

Dynatrace Valuation

Is DT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DT ($53.54) is trading below our estimate of fair value ($82.81)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DT?

Key metric: As DT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DT. This is calculated by dividing DT's market cap by their current earnings.
What is DT's PE Ratio?
PE Ratio97.9x
EarningsUS$163.26m
Market CapUS$16.57b

Price to Earnings Ratio vs Peers

How does DT's PE Ratio compare to its peers?

The above table shows the PE ratio for DT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average79.1x
MANH Manhattan Associates
78.5x10.1%US$18.0b
BSY Bentley Systems
40.8x7.9%US$15.3b
DOCU DocuSign
18.5x-39.0%US$19.8b
ESTC Elastic
178.4x-4.4%US$11.1b
DT Dynatrace
97.9x21.6%US$16.6b

Price-To-Earnings vs Peers: DT is expensive based on its Price-To-Earnings Ratio (97.9x) compared to the peer average (79.1x).

Price to Earnings Ratio vs Industry

How does DT's PE Ratio compare vs other companies in the US Software Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YXT YXT.COM Group Holding
2.1xn/aUS$132.17m
NISN Nisun International Enterprise Development Group
1.3xn/aUS$23.51m
NXTT Next Technology Holding
0.6xn/aUS$14.93m
ULY Urgent.ly
0.08x-13.0%US$7.22m
DT 97.9xIndustry Avg. 40.8xNo. of Companies10PE020406080100+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DT is expensive based on its Price-To-Earnings Ratio (97.9x) compared to the US Software industry average (42x).

Price to Earnings Ratio vs Fair Ratio

What is DT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97.9x
Fair PE Ratio40.1x

Price-To-Earnings vs Fair Ratio: DT is expensive based on its Price-To-Earnings Ratio (97.9x) compared to the estimated Fair Price-To-Earnings Ratio (40.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$53.54
US$62.11
+16.0%
7.5%US$70.00US$52.00n/a30
Dec ’25US$56.19
US$61.68
+9.8%
6.9%US$68.00US$52.00n/a31
Nov ’25US$54.07
US$58.67
+8.5%
9.6%US$68.00US$45.00n/a30
Oct ’25US$52.12
US$57.38
+10.1%
9.1%US$68.00US$45.00n/a29
Sep ’25US$50.62
US$57.07
+12.7%
8.9%US$68.00US$45.00n/a29
Aug ’25US$42.44
US$57.06
+34.5%
9.3%US$68.00US$45.00n/a29
Jul ’25US$45.07
US$57.37
+27.3%
8.9%US$68.00US$45.00n/a29
Jun ’25US$45.73
US$57.96
+26.7%
7.6%US$68.00US$50.00n/a29
May ’25US$45.58
US$62.19
+36.4%
8.9%US$75.00US$50.00n/a31
Apr ’25US$45.74
US$63.12
+38.0%
8.7%US$75.00US$50.00n/a31
Mar ’25US$49.05
US$63.63
+29.7%
8.6%US$75.00US$50.00n/a31
Feb ’25US$58.30
US$60.11
+3.1%
10.5%US$70.00US$44.00n/a28
Jan ’25US$54.69
US$56.86
+4.0%
10.9%US$65.00US$38.00n/a28
Dec ’24US$54.82
US$55.70
+1.6%
10.5%US$65.00US$38.00US$56.1927
Nov ’24US$44.40
US$55.56
+25.1%
11.4%US$65.00US$38.00US$54.0727
Oct ’24US$46.73
US$55.62
+19.0%
10.7%US$65.00US$38.00US$52.1226
Sep ’24US$48.19
US$55.27
+14.7%
11.5%US$65.00US$38.00US$50.6226
Aug ’24US$55.19
US$54.36
-1.5%
11.9%US$65.00US$38.00US$42.4425
Jul ’24US$51.47
US$52.08
+1.2%
10.2%US$60.00US$38.00US$45.0725
Jun ’24US$51.64
US$52.08
+0.9%
10.3%US$60.00US$38.00US$45.7324
May ’24US$42.39
US$47.92
+13.0%
9.8%US$55.00US$38.00US$45.5824
Apr ’24US$42.30
US$48.00
+13.5%
9.9%US$55.00US$38.00US$45.7424
Mar ’24US$42.19
US$47.79
+13.3%
10.9%US$55.00US$38.00US$49.0523
Feb ’24US$44.54
US$45.66
+2.5%
13.6%US$55.00US$35.00US$58.3023
Jan ’24US$38.30
US$42.66
+11.4%
11.9%US$54.00US$35.00US$54.6923
Dec ’23US$39.41
US$43.01
+9.1%
11.5%US$54.00US$35.00US$54.8222

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:04
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dynatrace, Inc. is covered by 45 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Ishan MajumdarBaptista Research
Raimo LenschowBarclays