PTC Inc PTC

Morningstar Rating
$177.91 +1.94 (1.10%)
View Full Chart

Company Report

PTC's Moat Supported by Strong Switching Costs

PTC operates in the high-end computer-assisted design software market, but we view this market as mature and don’t foresee significant top-line growth in this area. PTC’s foray into growth areas such as the Internet of Things, augmented reality, and midmarket CAD, on the other hand, will significantly add growth to the top line, in our view, as we expect PTC’s revenue mix to shift significantly to these areas over the next 10 years.

Price vs Fair Value

PTC is trading at a 55% premium.
Price
$177.91
Fair Value
$691.00
Uncertainty
Medium
1-Star Price
$679.40
5-Star Price
$347.40
Economic Moat
Qfnps
Capital Allocation
Tsrmrqsr

Bulls Say, Bears Say

Bulls

PTC’s revenue should be able to grow significantly as its Internet of Things solutions take off.

Bears

PTC’s Internet of Things offering could struggle gaining momentum due to its lack of recognition on the factory floor.

News

Trading Information

Previous Close Price
$175.97
Day Range
$174.74178.11
52-Week Range
$134.61194.24
Bid/Ask
$155.00 / $284.56
Market Cap
$21.37 Bil
Volume/Avg
383,617 / 820,711

Key Statistics

Price/Earnings (Normalized)
37.45
Price/Sales
9.66
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Sector
Technology
Industry
Software - Application
Stock Style Box
Mid Growth
Total Number of Employees
7,231

Competitors

Valuation

Metric
PTC
SIE
ADSK
Price/Earnings (Normalized)
37.4517.8533.03
Price/Book Value
7.082.8523.53
Price/Sales
9.661.8810.08
Price/Cash Flow
31.9512.6631.11
Price/Earnings
PTC
SIE
ADSK

Financial Strength

Metric
PTC
SIE
ADSK
Quick Ratio
0.591.040.53
Current Ratio
0.701.400.64
Interest Coverage
3.936.02
Quick Ratio
PTC
SIE
ADSK

Profitability

Metric
PTC
SIE
ADSK
Return on Assets (Normalized)
9.19%4.57%18.41%
Return on Equity (Normalized)
20.35%14.10%96.37%
Return on Invested Capital (Normalized)
13.61%5.72%38.99%
Return on Assets
PTC
SIE
ADSK

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