PTC Inc. (PTC)
UndervaluedFundamental
80
मूल्य
$140.30
मार्केट कैप
$14.91B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
PTC sells software that engineers use to design products and manage everything about them over their lifetime: CAD tools such as Creo and Onshape for drawing parts, Windchill for tracking product data through design and manufacturing, and add-on tools for managing software content and service operations in complex machines. Customers are mostly industrial manufacturers — makers of vehicles, machinery and electronics — who build the software into how their engineering teams work every day.
यह पैसा कैसे कमाती है
About 95% of PTC's revenue is recurring, coming from subscription fees for its cloud products and annual support and maintenance fees on software still licensed on-premise. Because engineering teams design around a specific CAD or product-data system for years, contracts tend to renew and grow in value as customers add more users or modules rather than switch providers.
प्रतिस्पर्धी बढ़त (Moat)
स्विचिंग कॉस्ट · संकीर्णYears of product designs, engineering workflows and integrations with manufacturing systems accumulate inside PTC's software, so replacing it would mean re-doing that work and retraining engineers, which discourages switching. The advantage is narrow because Siemens, Dassault Systèmes and Autodesk are larger, better-capitalized rivals fighting for the same enterprise contracts.
मांग को क्या चलाता है
मध्यम रूप से चक्रीयNew licenses and expansion of existing contracts follow manufacturers' engineering and IT budgets, which contract when industrial production slows. The large recurring subscription and maintenance base cushions the effect, since existing customers keep paying even as new spending is deferred.
प्रमुख जोखिम
- Larger, better-capitalized competitors — Siemens and Dassault Systèmes are significantly larger and can outspend PTC on cloud infrastructure and product development, while Microsoft and SAP are expanding into adjacent industrial software.
- Cybersecurity exposure — PTC's software holds customers' proprietary product designs; a successful cyberattack could compromise that data, damage its reputation and trigger significant remediation costs.
- Reliance on partners and cloud providers — PTC depends on a network of resellers and third-party cloud infrastructure to deliver and support its products; disruption at those partners can affect service and sales.
- Sensitivity to manufacturing capital spending — New software sales and contract expansions depend on industrial customers' willingness to invest in engineering tools, which they cut back first when production slows.
खरीदने के पक्ष में तर्क
Buyers argue that a 95%-recurring revenue base, growing annual recurring revenue and deep entrenchment inside customers' engineering workflows give PTC a durable, high-margin business even in a market with larger rivals.
बेचने के पक्ष में तर्क
Sellers fear that Siemens and Dassault Systèmes can invest far more in cloud infrastructure and next-generation features, and that a slowdown in industrial capital spending would still weigh on new sales even with a large recurring base.
Written by the editors, published on 18 अगस्त 2026
Direct competitors
Who this company fights with for the same customers
Generated on 19 सितंबर 2026 with claude-haiku-4-5 — shared with all users
Listed by PTC among its CAD and PLM competitors: Inventor, Fusion and Autodesk's cloud product-data tools target the same design engineers, with particular overlap in small and mid-sized manufacturers.
PTC names SAP as a competitor in service lifecycle management, and SAP's PLM and asset/service modules are sold to the same industrial customers as an extension of the ERP they already run.
Named by PTC in its 10-K as a CAD and PLM rival: its CATIA and SOLIDWORKS design tools and its 3DEXPERIENCE/ENOVIA platform chase the same manufacturing engineering departments that buy Creo and Windchill.
Its Digital Industries Software arm sells NX and Teamcenter, the head-to-head alternatives to Creo and Windchill in automotive, aerospace and industrial machinery accounts, and PTC also names it as an ALM competitor.
A privately held PLM vendor whose Aras Innovator platform is pitched directly against Windchill as a more openly customizable system for managing product data across a manufacturer's lifecycle.
बैलेंस शीट और तरलता
राजस्व
$2.95B
पिछले 12 महीने (30/6/2026 तक)
शुद्ध आय
$1.22B
पिछले 12 महीने (30/6/2026 तक)
Free Cash Flow
$857M
कुल इक्विटी
$3.83B
कुल देनदारियाँ
$2.79B
Current Ratio
1.03
Interest Coverage
17.10
Debt/EBITDA
1.48
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$238.33
वर्तमान मूल्य
$140.30
Margin of Safety
+41.1%
Fair Value सीमा
$154.92 - $321.75
इस्तेमाल किए गए valuation methods के बीच का फैलाव, कोई सांख्यिकीय रूप से calibrated confidence interval नहीं।
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
13.65
ROE
19.2%
P/B Ratio
4.39
P/FCF
16.27
Gross Margin
84.5%
ROIC
17.1%
लाभप्रदता Radar
मूल्य सृजन (प्रतिस्पर्धी बढ़त)
ROIC
17.1%
WACC
9.4%
ROIC − WACC
+7.6 pp
ROIC पूंजी की लागत से अधिक है — कंपनी शेयरधारकों के लिए मूल्य सृजित कर रही है।
Fundamental विश्लेषण मानदंड
पास (23)
- EPS shows upward trend
- EPS CAGR 13.75%
- Price CAGR 11.74%
- ROIC 17.1%
- Gross Margin 84.5%
- P/FCF 16.27
- Debt/Equity ratio
- Operating Margin 37.8%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 32.6%
- Revenue Growth 5Y 13.4%
- Analyst Consensus 65% Buy
- Earnings Surprise avg 24.8%
- PEG Ratio 0.30
- Earnings Quality (OCF/NI) 0.78
- Share Dilution 0.1%
- Net Margin Trend 41.4% vs 20.7%
- Piotroski F-Score 9/9
फेल (4)
- P/B Ratio 4.39
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
अनुपलब्ध (1)
- Dividend Payout NaN%
Piotroski F-Score
मजबूत वित्तीय स्वास्थ्य
Earnings गुणवत्ता
मध्यम: मुनाफे और नकदी के बीच कुछ अंतर
शेयर Dilution
शेयर संख्या स्थिर है
संस्थागत होल्डिंग
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. Neil Barua | President, CEO & Director | 47 |
| Mr. Aaron C. Von Staats Esq. | Executive VP, General Counsel & Corporate Secretary | 59 |
| Ms. Catherine A. Kniker | EVP, Chief Marketing & Sustainability Officer | 59 |
| Mr. Robert Dahdah | Executive VP & Chief Revenue Officer | 57 |
| Ms. Jennifer DiRico | Executive VP & CFO | 40 |
| Ms. Alice Christenson | Chief Accounting Officer | - |
| Mr. Michael Donald Maguire | Head of Investor Relations | - |
| Ms. Beth Conway | Executive VP & Chief People Officer | - |
| Catherine Gorecki | Senior VP of Corporate & Securities Counsel and Assistant Secretary | - |
| Mr. Amit Jain | Chief Strategy Officer | - |
Audit जोखिम
8
बोर्ड जोखिम
3
मुआवजा जोखिम
3
शेयरधारक अधिकार जोखिम
9
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
दस्तावेज़
- दस्तावेज़ देखें
वार्षिक रिपोर्ट (10-K)
कंपनी के कारोबार, वित्तीय नतीजों और जोखिमों का वार्षिक सिंहावलोकन।
दाखिल तिथि: 2025-11-21
- दस्तावेज़ देखें
तिमाही रिपोर्ट (10-Q)
पिछले तीन महीनों के वित्तीय प्रदर्शन का अपडेट।
दाखिल तिथि: 2026-07-31
- दस्तावेज़ देखें
विशेष रिपोर्ट (8-K)
किसी बड़ी घटना, जैसे नेतृत्व में बदलाव या बड़ी घोषणा, की सूचना।
दाखिल तिथि: 2026-07-29
via SEC EDGAR
आय का इतिहास
via SEC EDGAR
Latest News
Recent headlines for PTC, sourced from Markets Gazette.
- 5/7/2026POSITIVEPTC Stock Surges Over 7% Overnight: Why Is It Moving?
PTC Inc. shares experienced a significant surge of 7.53% in after-hours trading following its Q2 fiscal 2026 earnings report. The company surpassed revenue estimates by 8.63% and earnings per share (EPS) expectations by a substantial 33.83%. This strong performance indicates robust operational execution and better-than-anticipated market reception for its products or services. For investors, these results suggest a positive trajectory and potential for continued growth, likely leading to upward price target adjustments from analysts.
via Markets Gazette