(PTC) PTC - NASDAQ
Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 13.254m USD | Total Return: -30.9% in 12m
Avg Turnover: 258M
EPS Trend: 86.1%
Qual. Beats: 6
Rev. Trend: 95.0%
Qual. Beats: 5
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
PTC Inc. is a U.S.-headquartered software company founded in 1985 and listed on NASDAQ since 1989, operating across the Americas, Europe, and Asia Pacific. It sits within the Application Software sub-industry of the Information Technology sector, supplying enterprise software to manufacturing and industrial customers.
The companys portfolio is organized around product lifecycle management (PLM), industrial connectivity, computer-aided design (CAD), and service lifecycle management. Core offerings include Windchill for PLM, ThingWorx for the Industrial Internet of Things, ServiceMax for field service management, and Arena as a cloud-delivered (SaaS) PLM solution. PTC also provides Codebeamer for application lifecycle management, Servigistics for service parts management, and FlexPLM for retail and consumer products merchandising.
On the design and connectivity side, PTC offers Kepware and KEPServerEX for industrial connectivity, Creo for 3D CAD, Onshape as a SaaS-based CAD platform, and Vuforia for augmented reality applications. Arbortext and PTC Mathcad support technical documentation and engineering calculations. The mix of perpetual, subscription, and SaaS delivery models is typical of large enterprise software vendors transitioning toward recurring cloud revenue.
PTC is incorporated and headquartered in Boston, Massachusetts, and is classified as a large-cap stock with a market capitalization of approximately $13.25 billion USD.
- SaaS subscription ARR growth lifts recurring revenue margins
- ThingWorx IoT and Vuforia AR drive digital transformation bookings
- Autodesk and Dassault competition pressures PLM market share
| Net Income: 1.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 0.96 > 1.0 |
| NWC/Revenue: 2.44% < 20% (prev -0.57%; Δ 3.01% < -1%) |
| CFO/TA 0.14 > 3% & CFO 938.6m > Net Income 1.25b |
| Net Debt (1.13b) to EBITDA (1.74b): 0.65 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (118.6m) vs 12m ago -1.90% < -2% |
| Gross Margin: 84.31% > 18% (prev 81.13%; Δ 3.18% > 0.5%) |
| Asset Turnover: 47.21% > 50% (prev 38.08%; Δ 9.13% > 0%) |
| Interest Coverage Ratio: 23.65 > 6 (EBIT TTM 1.61b / Interest Expense TTM 68.0m) |
| A: 0.01 (Total Current Assets 1.29b - Total Current Liabilities 1.22b) / Total Assets 6.54b |
| B: 0.43 (Retained Earnings 2.84b / Total Assets 6.54b) |
| C: 0.25 (EBIT TTM 1.61b / Avg Total Assets 6.35b) |
| D: 1.44 (Book Value of Equity 3.86b / Total Liabilities 2.68b) |
| Altman-Z'' = 4.70 = AA |
| DSRI: 0.93 (Receivables 852.6m/716.6m, Revenue 3.00b/2.35b) |
| GMI: 0.96 (GM 81.13% / 84.31%) |
| AQI: 0.99 (AQ_t 0.77 / AQ_t-1 0.78) |
| SGI: 1.28 (Revenue 3.00b / 2.35b) |
| TATA: 0.05 (NI 1.25b - CFO 938.6m) / TA 6.54b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of June 23, 2026, the stock is trading at USD 115.00 with a total of 2,534,160 shares traded. Over the past week, the price has changed by +1.16%, over one month by -22.42%, over three months by -22.94% and over the past year by -30.91%.
Current recommended Stop Loss: 107.80 (which is 6.3% or 1.3 ATR below the current price).
PTC has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy PTC.
- StrongBuy: 10
- Buy: 3
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 182.7 | 58.9% |
P/E Trailing = 11.0337
P/E Forward = 14.1044
P/S = 4.4213
P/B = 3.4339
P/EG = 0.9404
Revenue TTM = 3.00b USD
EBIT TTM = 1.61b USD
EBITDA TTM = 1.74b USD
Long Term Debt = 1.17b USD (from longTermDebt, last quarter)
Short Term Debt = 47.8m USD (from shortTermDebt, last quarter)
Debt = 1.56b USD (from shortLongTermDebtTotal, last quarter) + Leases 183.1m
Net Debt = 1.13b USD (calculated: Debt 1.56b - CCE 439.1m)
Enterprise Value = 14.4b USD (13.3b + Debt 1.56b - CCE 439.1m)
Interest Coverage Ratio = 23.65 (Ebit TTM 1.61b / Interest Expense TTM 68.0m)
EV/FCF = 15.49x (Enterprise Value 14.4b / FCF TTM 928.2m)
FCF Yield = 6.45% (FCF TTM 928.2m / Enterprise Value 14.4b)
FCF Margin = 30.96% (FCF TTM 928.2m / Revenue TTM 3.00b)
Net Margin = 41.58% (Net Income TTM 1.25b / Revenue TTM 3.00b)
Gross Margin = 84.31% ((Revenue TTM 3.00b - Cost of Revenue TTM 470.3m) / Revenue TTM)
Gross Margin QoQ = 83.78% (prev 82.83%)
Tobins Q-Ratio = 2.20 (Enterprise Value 14.4b / Total Assets 6.54b)
Interest Expense / Debt = 4.34% (Interest Expense 68.0m / Debt 1.56b)
Taxrate = 20.69% (325.2m / 1.57b)
NOPAT = 1.27b (EBIT 1.61b * (1 - 20.69%))
Current Ratio = 1.06 (Total Current Assets 1.29b / Total Current Liabilities 1.22b)
Debt / Equity = 0.41 (Debt 1.56b / totalStockholderEquity, last quarter 3.86b)
Debt / EBITDA = 0.65 (Net Debt 1.13b / EBITDA 1.74b)
Debt / FCF = 1.21 (Net Debt 1.13b / FCF TTM 928.2m)
Total Stockholder Equity = 3.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 19.63% (Net Income 1.25b / Total Assets 6.54b)
RoE = 33.14% (Net Income TTM 1.25b / Total Stockholder Equity 3.76b)
RoCE = 32.57% (EBIT 1.61b / Capital Employed (Equity 3.76b + L.T.Debt 1.17b))
RoIC = 24.43% (NOPAT 1.27b / Invested Capital 5.22b)
WACC = 8.17% (E(13.3b)/V(14.8b) * Re(8.73%) + D(1.56b)/V(14.8b) * Rd(4.34%) * (1-Tc(0.21)))
Discount Rate = 8.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -28.89 | Cagr: -0.63%
[DCF] Terminal Value 77.78% ; FCFF base≈883.3m ; Y1≈1.00b ; Y5≈1.44b
[DCF] Fair Price = 177.7 (EV 21.6b - Net Debt 1.13b = Equity 20.5b / Shares 115.5m; r=8.35% [WACC [floored]]; 5y FCF grow 13.76% → 2.50% )
EPS Correlation: 86.14 | EPS CAGR: 30.27% | SUE: 1.59 | # QB: 6
Revenue Correlation: 94.96 | Revenue CAGR: 13.71% | SUE: 1.28 | # QB: 5
EPS current Quarter (2026-06-30): EPS=1.57 | Chg30d=+0.00% | Revisions=-12% | Analysts=17
EPS current Year (2026-09-30): EPS=8.04 | Chg30d=+0.12% | Revisions=+82% | GrowthEPS=+0.5% | GrowthRev=-0.4%
EPS next Year (2027-09-30): EPS=8.64 | Chg30d=+0.05% | Revisions=+55% | GrowthEPS=+7.5% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +82%