Dynatrace, Inc. (DT) vs PTC Inc. (PTC)

Dynatrace, Inc. and PTC Inc. are both Software Application companies. Dynatrace, Inc. is the larger, with a market value of $17.0B against $15.1B — 1.1× the size. PTC Inc. trades at the lower P/E: 13.3× against 114×. PTC Inc. grew revenue faster over the last twelve months: 19.5% against 17.9%. PTC Inc. has the higher net margin (41.4% vs 7.22%) and the higher return on invested capital (15.4% vs 11.9%). Across the 22 metrics below, PTC Inc. leads on 18 and Dynatrace, Inc. on 4.

Valuation

Metric DT PTC Software Application median
P/E 113.63 13.28 24.79
P/S 8.08 5.36 2.67
P/B 6.91 4.56 3.01
Price to free cash flow 29.66 17.02 16.59
EV/EBITDA 56.83 13.52 14.40
EV/Sales 7.59 5.72 2.62
Earnings yield 0.88% 7.53% 0.00%
Free cash flow yield 3.37% 5.88% 1.91%

Profitability

Metric DT PTC Software Application median
Gross margin 81.37% 84.50% 67.03%
Operating margin 12.15% 37.81% 0.00%
Net margin 7.22% 41.43% 0.00%
Free cash flow margin 27.23% 31.67% 4.32%
Return on equity 5.88% 35.05% 0.00%
Return on assets 3.70% 19.21% 0.00%
Return on invested capital 11.85% 15.37% 0.00%

Growth

Metric DT PTC Software Application median
Revenue growth (TTM) 17.94% 19.50% 12.40%
EPS growth (last fiscal year) (66.04%) 96.79% —
Revenue growth, 5-year CAGR 23.47% 13.44% 13.72%
Net income growth, 5-year CAGR 16.53% 41.22% 0.00%

Health

Metric DT PTC Software Application median
Debt to equity 0.00 0.41 0.02
Current ratio 1.21 1.03 1.55
Net debt to EBITDA (4.35) 0.91 0.06

Dividend

Metric DT PTC Software Application median
Dividend yield — 1.48% 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric DT PTC Software Application median
Market cap 16.96b 15.05b 396.11m

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