Stock fact sheet · data as of
PTC Inc. (PTC): fair value, margin of safety and Wheel Score
Technology · Software - Application · United States · High Growth
Is PTC undervalued?
PTC closed at 193.64 on 16 Oct 2026 against a GLS average fair value of 185.02 - 4.7% above fair value, which our screens read as "fairly priced". 3 of 8 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
There is a wide gap between Lynch (42.69) and GLS Growth (432.53). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files PTC under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for PTC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 129.06 | -33% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 85.24 | -56% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 172.17 | -11% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 42.69 | -78% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 432.53 | +123% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 217.64 | +12% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 282.29 | +46% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 118.58 | -39% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -12.96 | -107% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 199.67 | +3% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
PTC Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 8.6/10 puts PTC among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.
Returns on capital are high - ROIC 14.1%, ROE 19.2%, ROA 11.1% - with debt at 0.36 times equity and a free-cash-flow yield of 4.4%.
PTC Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Support And Cloud Services 62%, License 34%, Technology Service 4% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 1/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 14.1% |
|---|---|---|---|
| GLS Moat | 8.6 / 10 | ROE | 19.2% |
| Debt / equity | 0.36 | ROA | 11.1% |
| Free-cash-flow yield | 4.4% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 1 / 10 |
Wheel Score 61: Fair
A Wheel Score of 61 puts PTC Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 11/25, Health 13/20, Moat 13/15, Premium 5/20 and Stability 20/20; the weakest part is Premium (5/20).
Implied volatility is 20% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (5 of 20 points). The option chain is deep: 55,559 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 3.5M shares a day on a market cap of $21.0B, with a beta of 0.99; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 11 / 25 | -5% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 13 / 15 | moat 8.6/10 | |
| Premium | 5 / 20 | implied volatility 20% | |
| Stability | 20 / 20 | 3.5M shares/day, $21.0B cap, beta 0.99 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (after the close), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to PTC Inc. by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| STRK Strategy Inc | 73.62 | - | - | 27No options | $21.9B |
| SSNC SS&C Technologies Holdings, Inc. | 82.05 | 81.05 | -1% | 79Good | $19.3B |
| STRD Strategy Inc | 71.64 | - | - | 42Weak | $23.7B |
| DT Dynatrace, Inc. | 63.73 | 23.38 | -173% | 62Fair | $18.5B |
| U Unity Software Inc. | 41.40 | 24.64 | -68% | 45Weak | $18.2B |
| FICO Fair Isaac Corporation | 769.93 | 844.92 | +9% | 81Prime | $16.6B |
| ZM Zoom Communications, Inc. | 94.47 | 199.41 | +53% | 86Prime | $27.7B |
| DOCU DocuSign, Inc. | 77.52 | 73.27 | -6% | 75Good | $14.5B |
| STRF MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock | 103.34 | - | - | 35Weak | $30.7B |
| GWRE Guidewire Software, Inc. | 175.77 | 71.34 | -146% | 65Good | $14.4B |
| TYL Tyler Technologies, Inc. | 350.11 | 266.33 | -31% | 67Good | $14.3B |
| STRC Strategy Inc | 99.74 | - | - | 38Weak | $33.0B |
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Start free See the Sunday ScanQuestions about PTC
Is PTC undervalued right now?
Not meaningfully: at 193.64 the stock trades within a few percent of the GLS average fair value of 185.02 (4.7% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of PTC and what does it mean?
PTC scores 61 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for PTC?
185.02 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does PTC Inc. report earnings next?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does PTC have listed options, and how liquid are they?
Yes. The nightly snapshot found 414 listed contracts with 55,559 open interest across all expiries and implied volatility of 20% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.