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PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, field service, and end-of-life processes; ThingWorx, an Industrial Internet of Things software; ServiceMax, a service lifecycle management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools, and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, an enterprise industrial connectivity solution; Kepware Edge, a Linux-based industrial communications platform; KEPServerEX, an industrial connectivity solution for small projects; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a SaaS product development platform that delivers computer-aided design with data management, collaboration tools, and real-time analytics. Further, it offers Vuforia, an augmented reality (AR) software; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. Additionally, the company provides PTC Products; PTC Mathcad; and augmented reality product. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.
Explore Opportunities | Delve into how PTC's significant pipeline of enterprise deals exceeding $5 million could offset near-term challenges, potentially supporting the projected 8-9% ARR growth in FY26 following its strategic realignment. |
Valuation Outlook | Analysts maintained a bullish stance before Barclays' rating suspension, with recent price targets around $233 reflecting confidence despite the company's strategic transition and valuation multiples approaching trough levels. |
Financial Trajectory | With EPS projections of $6.83 for FY1 and $7.57 for FY2, PTC navigates toward a billion-dollar Free Cash Flow milestone amid revised ARR guidance and a 14% year-over-year NNARR decline. |
Strategic Pivot | PTC's divestiture of Kepware and ThingWorx businesses to TPG represents a transformative shift in its industrial software strategy, potentially streamlining operations while raising questions about future growth. |
Metrics to compare | PTC | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPTCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 26.1x | 31.6x | 12.4x | |
PEG Ratio | 0.28 | 1.74 | 0.01 | |
Price / Book | 5.0x | 7.3x | 2.4x | |
Price / LTM Sales | 7.0x | 5.1x | 2.4x | |
Upside (Analyst Target) | 31.6% | 42.1% | 20.1% | |
Fair Value Upside | Unlock | −6.3% | 3.6% | Unlock |