Company Valuation: PTC Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,061 12,287 16,836 21,704 24,320 17,052 - -
Change - -12.62% 37.03% 28.91% 12.06% -29.89% - -
Enterprise Value (EV) 1 15,174 13,365 18,244 23,186 25,506 18,388 17,667 16,715
Change - -11.92% 36.5% 27.09% 10% -27.91% -3.92% -5.39%
P/E 29.7x 39.5x 68.8x 57.9x 33.1x 17.7x 23.7x 21x
PBR 6.86x 5.35x 6.32x 6.79x 6.37x 5.18x 4.56x 3.88x
PEG - -1.2x -3.1x 1.1x 0.3x 0.4x -0.9x 1.6x
Capitalization / Revenue 7.78x 6.36x 8.03x 9.44x 8.88x 6.26x 5.88x 5.45x
EV / Revenue 8.4x 6.91x 8.7x 10.1x 9.31x 6.75x 6.09x 5.34x
EV / EBITDA 23x 17.6x 23.2x 25.1x 19.2x 13.8x 12.3x 10.6x
EV / EBIT 23.9x 18.3x 24x 25.9x 19.6x 14.5x 13x 11.3x
EV / FCF 44.1x 32.1x 31.1x 31.5x 29.8x 21.6x 17.4x 14.9x
FCF Yield 2.27% 3.11% 3.22% 3.17% 3.36% 4.63% 5.76% 6.69%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.03 2.65 2.06 3.12 6.14 8.87 6.626 7.498
Distribution rate - - - - - - - -
Net sales 1 1,807 1,933 2,097 2,298 2,739 2,725 2,899 3,130
EBITDA 1 660.5 759.3 787.9 921.9 1,326 1,333 1,435 1,571
EBIT 1 634.4 732.2 758.9 894.3 1,302 1,271 1,358 1,476
Net income 1 476.9 313.1 245.5 376.3 741 1,063 730.5 806.8
Net Debt 1 1,113 1,078 1,408 1,483 1,185 1,337 615.3 -336.7
Reference price 2 119.79 104.60 141.68 180.66 203.02 157.15 157.15 157.15
Nbr of stocks (in thousands) 117,382 117,466 118,833 120,135 119,793 108,506 - -
Announcement Date 11/3/21 11/2/22 11/1/23 11/6/24 11/5/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.96x4.31x9.03x-.--% 115B
19.9x12.68x15.1x-.--% 105B
32.01x6.84x16.61x-.--% 57.13B
47.56x4.24x12.97x-.--% 47.81B
16.82x5.99x15.31x0.85% 41.8B
17.92x6.82x13.94x-.--% 17.25B
25.92x2.43x14x-.--% 14.64B
27.11x - - 3.59% 10.8B
75.58x4.59x18.78x-.--% 10.03B
Average 30.98x 5.99x 14.47x 0.49% 46.56B
Weighted average by Cap. 24.97x 7.02x 13.38x 0.18%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield