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 14,745 - -
Change - -12.62% 37.03% 28.91% 12.06% -39.37% - -
Enterprise Value (EV) 1 15,174 13,365 18,244 23,186 25,506 16,086 15,434 14,630
Change - -11.92% 36.5% 27.09% 10% -36.93% -4.05% -5.21%
P/E 29.7x 39.5x 68.8x 57.9x 33.1x 15.3x 20.3x 18x
PBR 6.86x 5.35x 6.32x 6.79x 6.37x 4.56x 4.04x 3.54x
PEG - -1.2x -3.1x 1.1x 0.3x 0.3x -0.8x 1.4x
Capitalization / Revenue 7.78x 6.36x 8.03x 9.44x 8.88x 5.41x 5.09x 4.71x
EV / Revenue 8.4x 6.91x 8.7x 10.1x 9.31x 5.91x 5.33x 4.68x
EV / EBITDA 23x 17.6x 23.2x 25.1x 19.2x 12.1x 10.8x 9.31x
EV / EBIT 23.9x 18.3x 24x 25.9x 19.6x 12.7x 11.4x 9.91x
EV / FCF 44.1x 32.1x 31.1x 31.5x 29.8x 18.9x 15.2x 13.1x
FCF Yield 2.27% 3.11% 3.22% 3.17% 3.36% 5.29% 6.59% 7.65%
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 2,724 2,898 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 2 119.79 104.60 141.68 180.66 203.02 135.89 135.89 135.89
Nbr of stocks (in thousands) 1,17,382 1,17,466 1,18,833 1,20,135 1,19,793 1,08,506 - -
Announcement Date 03/11/21 02/11/22 01/11/23 06/11/24 05/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.67x12.56x14.97x-.--% 10TCr
13.64x3.7x7.75x-.--% 9.89TCr
33.84x4.22x12.61x-.--% 4.67TCr
25.58x5.24x12.66x-.--% 4.53TCr
14.84x5.41x13.84x0.96% 3.69TCr
15.26x5.91x12.07x-.--% 1.47TCr
20.22x1.99x11.44x-.--% 1.14TCr
26.71x - - 3.64% 1.06TCr
20.67x4.25x9.18x-.--% 793.23Cr
Average 21.16x 5.41x 11.81x 0.51% 4.17TCr
Weighted average by Cap. 20.15x 6.68x 11.95x 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

-40%: Exceptional extension
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