(PTC) PTC - Overview
Stock: PLM, CAD, IoT, AR, ALM
| Risk 5d forecast | |
|---|---|
| Volatility | 29.2% |
| Relative Tail Risk | -5.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.15 |
| Alpha | -20.14 |
| Character TTM | |
|---|---|
| Beta | 0.994 |
| Beta Downside | 1.003 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.27% |
| CAGR/Max DD | 0.20 |
EPS (Earnings per Share)
Revenue
Description: PTC PTC February 11, 2026
PTC Inc. (NASDAQ:PTC) is a global software provider focused on product development and lifecycle management solutions. Its portfolio spans PLM (Windchill, Arena, FlexPLM), IoT (ThingWorx, Kepware), service management (ServiceMax, Servigistics), CAD/CAM (Creo, Onshape), augmented reality (Vuforia), and application lifecycle tools (Codebeamer, Arbortext). The company serves manufacturers, industrial enterprises, and engineering teams across the Americas, Europe, and Asia-Pacific, enabling real-time collaboration, data visualization, and remote service delivery.
In its most recent fiscal year (FY 2024), PTC reported revenue of approximately $1.86 billion, representing a 7 % year-over-year increase, with subscription-based ARR growing 15 % YoY and now accounting for roughly 55 % of total revenue. Operating margin improved to 14 % as cloud-centric offerings gained higher gross margins, while cash flow from operations remained robust at $250 million. The company’s guidance projects FY 2025 revenue growth of 6-8 % and continued expansion of its subscription base, reflecting strong demand for digital-thread and IoT solutions.
Sector-wide, enterprise software spending is expected to expand at a 9 % compound annual growth rate through 2028, driven by accelerated digital transformation and the rise of industrial IoT, which the IDC forecasts will reach $1.1 trillion in 2023 and grow at ~10 % CAGR. PTC’s positioning in PLM and IoT aligns with these macro trends, but the outlook remains sensitive to macro-economic headwinds that could curb capital-expenditure cycles in its core manufacturing customer base. For a deeper quantitative assessment, the ValueRay platform offers a granular, data-driven model of PTC’s valuation.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 818.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 0.91 > 1.0 |
| NWC/Revenue: 8.64% < 20% (prev -20.61%; Δ 29.25% < -1%) |
| CFO/TA 0.14 > 3% & CFO 899.0m > Net Income 818.3m |
| Net Debt (1.33b) to EBITDA (1.22b): 1.09 < 3 |
| Current Ratio: 1.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.0m) vs 12m ago -0.95% < -2% |
| Gross Margin: 84.23% > 18% (prev 0.81%; Δ 8343 % > 0.5%) |
| Asset Turnover: 45.75% > 50% (prev 38.08%; Δ 7.67% > 0%) |
| Interest Coverage Ratio: 15.02 > 6 (EBITDA TTM 1.22b / Interest Expense TTM 72.2m) |
Altman Z'' 3.44
| A: 0.04 (Total Current Assets 1.38b - Total Current Liabilities 1.14b) / Total Assets 6.43b |
| B: 0.35 (Retained Earnings 2.25b / Total Assets 6.43b) |
| C: 0.17 (EBIT TTM 1.08b / Avg Total Assets 6.25b) |
| D: 0.84 (Book Value of Equity 2.17b / Total Liabilities 2.58b) |
| Altman-Z'' Score: 3.44 = A |
Beneish M -2.98
| DSRI: 0.94 (Receivables 804.3m/694.8m, Revenue 2.86b/2.31b) |
| GMI: 0.96 (GM 84.23% / 80.70%) |
| AQI: 0.96 (AQ_t 0.76 / AQ_t-1 0.79) |
| SGI: 1.24 (Revenue 2.86b / 2.31b) |
| TATA: -0.01 (NI 818.3m - CFO 899.0m) / TA 6.43b) |
| Beneish M-Score: -2.98 (Cap -4..+1) = A |
What is the price of PTC shares?
Over the past week, the price has changed by -1.86%, over one month by -5.99%, over three months by -10.01% and over the past year by -8.21%.
Is PTC a buy, sell or hold?
- StrongBuy: 10
- Buy: 3
- Hold: 7
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PTC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 195 | 24.4% |
| Analysts Target Price | 195 | 24.4% |
PTC Fundamental Data Overview February 12, 2026
P/E Forward = 20.1207
P/S = 6.4742
P/B = 4.8188
P/EG = 1.5366
Revenue TTM = 2.86b USD
EBIT TTM = 1.08b USD
EBITDA TTM = 1.22b USD
Long Term Debt = 1.17b USD (from longTermDebt, last quarter)
Short Term Debt = 48.2m USD (from shortTermDebt, last quarter)
Debt = 1.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.33b USD (from netDebt column, last quarter)
Enterprise Value = 19.85b USD (18.52b + Debt 1.54b - CCE 210.3m)
Interest Coverage Ratio = 15.02 (Ebit TTM 1.08b / Interest Expense TTM 72.2m)
EV/FCF = 22.34x (Enterprise Value 19.85b / FCF TTM 888.4m)
FCF Yield = 4.48% (FCF TTM 888.4m / Enterprise Value 19.85b)
FCF Margin = 31.06% (FCF TTM 888.4m / Revenue TTM 2.86b)
Net Margin = 28.61% (Net Income TTM 818.3m / Revenue TTM 2.86b)
Gross Margin = 84.23% ((Revenue TTM 2.86b - Cost of Revenue TTM 450.9m) / Revenue TTM)
Gross Margin QoQ = 82.83% (prev 86.92%)
Tobins Q-Ratio = 3.09 (Enterprise Value 19.85b / Total Assets 6.43b)
Interest Expense / Debt = 1.12% (Interest Expense 17.3m / Debt 1.54b)
Taxrate = 17.96% (36.5m / 203.0m)
NOPAT = 890.1m (EBIT 1.08b * (1 - 17.96%))
Current Ratio = 1.22 (Total Current Assets 1.38b / Total Current Liabilities 1.14b)
Debt / Equity = 0.40 (Debt 1.54b / totalStockholderEquity, last quarter 3.84b)
Debt / EBITDA = 1.09 (Net Debt 1.33b / EBITDA 1.22b)
Debt / FCF = 1.50 (Net Debt 1.33b / FCF TTM 888.4m)
Total Stockholder Equity = 3.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.09% (Net Income 818.3m / Total Assets 6.43b)
RoE = 22.47% (Net Income TTM 818.3m / Total Stockholder Equity 3.64b)
RoCE = 22.53% (EBIT 1.08b / Capital Employed (Equity 3.64b + L.T.Debt 1.17b))
RoIC = 18.18% (NOPAT 890.1m / Invested Capital 4.90b)
WACC = 8.91% (E(18.52b)/V(20.06b) * Re(9.58%) + D(1.54b)/V(20.06b) * Rd(1.12%) * (1-Tc(0.18)))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.11%
[DCF Debug] Terminal Value 78.35% ; FCFF base≈846.9m ; Y1≈1.04b ; Y5≈1.78b
Fair Price DCF = 201.8 (EV 25.35b - Net Debt 1.33b = Equity 24.02b / Shares 119.0m; r=8.91% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 60.10 | EPS CAGR: 9.00% | SUE: 0.95 | # QB: 5
Revenue Correlation: 83.70 | Revenue CAGR: 8.49% | SUE: 1.06 | # QB: 4
EPS next Quarter (2026-03-31): EPS=2.19 | Chg30d=+0.223 | Revisions Net=+13 | Analysts=16
EPS current Year (2026-09-30): EPS=8.12 | Chg30d=+0.281 | Revisions Net=+13 | Growth EPS=+1.5% | Growth Revenue=+3.2%
EPS next Year (2027-09-30): EPS=8.71 | Chg30d=-0.004 | Revisions Net=+7 | Growth EPS=+7.3% | Growth Revenue=+6.7%