Stock fact sheet · data as of

PTC Inc. (PTC): fair value, margin of safety and Wheel Score

Technology · Software - Application · United States · High Growth

Close193.64
GLS fair value185.028 of 9 models
Margin of safety-5%price above fair value
Wheel Score61Fairout of 100
Health6/9Piotroski F-score
Moat8.6/10GLS 10-year score
Market cap$21.0B3.5M shares a day
Implied vol.20%near-the-money, 20-60 d
P/E18.1EPS 10.67
Dividend yieldnone
Beta0.99about the market
Next earnings4 Nov 2026in 19 days (after the close)

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.

ModelValuevs priceWhat it measures
DCF129.06-33%Present value of the projected free cash flows, discounted at the cost of capital
Graham Number85.24-56%The most a defensive investor pays for the earnings and book value per share
Graham Growth172.17-11%Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields
Lynch42.69-78%EPS × the earnings growth rate (PEG of 1), growth capped at 25%
GLS Growth432.53+123%EPS compounded ten years at the blended growth rate, discounted back at 15% a year
10 Cap217.64+12%Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%
Payback Time282.29+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
EPV118.58-39%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 target199.67+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-score6 / 9ROIC14.1%
GLS Moat8.6 / 10ROE19.2%
Debt / equity0.36ROA11.1%
Free-cash-flow yield4.4%Payout ratio0%
Institutions10 / 10Insiders · Congress1 · 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.

PartPointsFrom
Value11 / 25-5% margin of safety
Health13 / 20Piotroski 6/9
Moat13 / 15moat 8.6/10
Premium5 / 20implied volatility 20%
Stability20 / 203.5M 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.

StockCloseFair valueMoSWheelMkt cap
STRK
Strategy Inc
73.62--27No options$21.9B
SSNC
SS&C Technologies Holdings, Inc.
82.0581.05-1%79Good$19.3B
STRD
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71.64--42Weak$23.7B
DT
Dynatrace, Inc.
63.7323.38-173%62Fair$18.5B
U
Unity Software Inc.
41.4024.64-68%45Weak$18.2B
FICO
Fair Isaac Corporation
769.93844.92+9%81Prime$16.6B
ZM
Zoom Communications, Inc.
94.47199.41+53%86Prime$27.7B
DOCU
DocuSign, Inc.
77.5273.27-6%75Good$14.5B
STRF
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock
103.34--35Weak$30.7B
GWRE
Guidewire Software, Inc.
175.7771.34-146%65Good$14.4B
TYL
Tyler Technologies, Inc.
350.11266.33-31%67Good$14.3B
STRC
Strategy Inc
99.74--38Weak$33.0B

⚖ Compare PTC with 7 of them   All Technology stocks →

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Questions 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.

Data as of 16 Oct 2026: prices and fundamentals from Financial Modeling Prep, option data from Polygon; valuations, scores and the Wheel Score by GLS Equity's models, run nightly. Prices in USD; the close shown is the previous session's. Everything on this page is general information produced by automated models from third-party data - not a recommendation to buy, sell or trade any security or option, and not financial advice. Past performance is not indicative of future results. GLS Equity provides data and tools, not financial advice.