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 13,966 - -
Change - -12.62% 37.03% 28.91% 12.06% -42.57% - -
Enterprise Value (EV) 1 15,174 13,365 18,244 23,186 25,506 15,307 14,655 13,851
Change - -11.92% 36.5% 27.09% 10% -39.99% -4.26% -5.48%
P/E 29.7x 39.5x 68.8x 57.9x 33.1x 14.5x 19.3x 17x
PBR 6.86x 5.35x 6.32x 6.79x 6.37x 4.32x 3.83x 3.35x
PEG - -1.2x -3.1x 1.1x 0.3x 0.3x -0.8x 1.3x
Capitalization / Revenue 7.78x 6.36x 8.03x 9.44x 8.88x 5.13x 4.82x 4.46x
EV / Revenue 8.4x 6.91x 8.7x 10.1x 9.31x 5.62x 5.05x 4.43x
EV / EBITDA 23x 17.6x 23.2x 25.1x 19.2x 11.5x 10.2x 8.82x
EV / EBIT 23.9x 18.3x 24x 25.9x 19.6x 12x 10.8x 9.38x
EV / FCF 44.1x 32.1x 31.1x 31.5x 29.8x 18x 14.4x 12.4x
FCF Yield 2.27% 3.11% 3.22% 3.17% 3.36% 5.56% 6.94% 8.08%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.03 2.65 2.06 3.12 6.14 8.904 6.678 7.554
Distribution rate - - - - - - - -
Net sales 1 1,807 1,933 2,097 2,298 2,739 2,725 2,899 3,129
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 1,359 1,476
Net income 1 476.9 313.1 245.5 376.3 741 1,069 742.1 819.9
Net Debt 1 1,113 1,078 1,408 1,483 1,185 1,341 688.7 -115
Reference price 2 119.79 104.60 141.68 180.66 203.02 128.72 128.72 128.72
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.06x12.81x15.26x-.--% 105B
13.8x3.7x7.74x-.--% 98.91B
32.31x4.02x12.02x-.--% 44.61B
24.79x5.09x12.31x-.--% 44.23B
15.47x5.6x14.31x0.92% 38.43B
14.46x5.62x11.48x-.--% 13.97B
21.73x2.08x12.01x-.--% 12.28B
26.76x - - 3.63% 10.65B
64.94x3.95x16.13x-.--% 8.42B
Average 26.04x 5.36x 12.66x 0.51% 41.86B
Weighted average by Cap. 20.99x 6.75x 12.14x 0.2%

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

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