175.59 USD
-1 (-0.57%)
175.59 USD
0 (0%)
PTC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. PTC gets an excellent profitability rating and is at the same time showing great financial health properties. PTC has a correct valuation and a medium growth rate. These ratings could make PTC a good candidate 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.
In the past 5 years PTC has always been profitable.
PTC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PTC has a better Return On Assets (11.09%) than 86.96% of its industry peers.
Looking at the Return On Equity, with a value of 19.18%, PTC belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
PTC has a better Return On Invested Capital (14.98%) than 92.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PTC is in line with the industry average of 10.78%.
The last Return On Invested Capital (14.98%) for PTC is above the 3 year average (11.08%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 26.80%, PTC belongs to the best of the industry, outperforming 87.68% of the companies in the same industry.
PTC's Profit Margin has improved in the last couple of years.
PTC has a Operating Margin of 36.77%. This is amongst the best in the industry. PTC outperforms 94.93% of its industry peers.
In the last couple of years the Operating Margin of PTC has grown nicely.
With an excellent Gross Margin value of 83.76%, PTC belongs to the best of the industry, outperforming 90.22% of the companies in the same industry.
PTC's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for PTC has been reduced compared to 1 year ago.
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
PTC has an Altman-Z score of 5.92. This indicates that PTC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PTC (5.92) is better than 75.36% of its industry peers.
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 72.10% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that PTC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.31, PTC is doing worse than 60.87% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for PTC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | 5.92 |
ROIC/WACC1.37
WACC10.92%
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 worse Current ratio (1.12) than 69.93% of its industry peers.
A Quick Ratio of 1.12 indicates that PTC should not have too much problems paying its short term obligations.
PTC's Quick ratio of 1.12 is on the low side compared to the rest of the industry. PTC is outperformed by 69.20% of its industry peers.
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.
PTC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.59% yearly.
PTC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.18%.
The Revenue has been growing by 13.44% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 6.92% on average over the next years.
PTC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.23% yearly.
EPS Next Y-1.9%
EPS Next 2Y3.78%
EPS Next 3Y8.17%
EPS Next 5Y6.92%
Revenue Next Year7.44%
Revenue Next 2Y7.84%
Revenue Next 3Y8%
Revenue Next 5Y8.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 21.95 indicates a rather expensive valuation of PTC.
72.83% of the companies in the same industry are more expensive than PTC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of PTC to the average of the S&P500 Index (26.84), we can say PTC is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 22.37, the valuation of PTC can be described as rather expensive.
PTC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PTC is cheaper than 69.93% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.40. PTC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.95 | ||
| Fwd PE | 22.37 |
4.2 Price Multiples
78.26% of the companies in the same industry are more expensive than PTC, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PTC is valued a bit cheaper than 75.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.48 | ||
| EV/EBITDA | 19.92 |
4.3 Compensation for Growth
PTC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.86
EPS Next 2Y3.78%
EPS Next 3Y8.17%
5. Dividend
5.1 Amount
No dividends for PTC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
175.59
-1 (-0.57%)
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 Cap20.97B
Revenue(TTM)2.74B
Net Income(TTM)734.00M
Analysts77.39
Price Target220.63 (25.65%)
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)-4.76%
PT rev (3m)-4.25%
EPS NQ rev (1m)-2.76%
EPS NQ rev (3m)7.31%
EPS NY rev (1m)5.73%
EPS NY rev (3m)5.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.91%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.95 | ||
| Fwd PE | 22.37 | ||
| P/S | 7.66 | ||
| P/FCF | 24.48 | ||
| P/OCF | 24.17 | ||
| P/B | 5.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.92 |
EPS(TTM)8
EY4.56%
EPS(NY)7.85
Fwd EY4.47%
FCF(TTM)7.17
FCFY4.08%
OCF(TTM)7.26
OCFY4.14%
SpS22.93
BVpS32.03
TBVpS-4.12
PEG (NY)N/A
PEG (5Y)0.86
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 | 5.92 |
F-Score9
WACC10.92%
ROIC/WACC1.37
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-1.9%
EPS Next 2Y3.78%
EPS Next 3Y8.17%
EPS Next 5Y6.92%
Revenue 1Y (TTM)19.18%
Revenue growth 3Y12.32%
Revenue growth 5Y13.44%
Sales Q2Q%42.65%
Revenue Next Year7.44%
Revenue Next 2Y7.84%
Revenue Next 3Y8%
Revenue Next 5Y8.23%
EBIT growth 1Y70.6%
EBIT growth 3Y26.56%
EBIT growth 5Y31.91%
EBIT Next Year19.43%
EBIT Next 3Y12.98%
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 21.95 and the Price/Book (PB) ratio is 5.48.