PTC (FRA:PMTA) Research & Development: €409 Mil (TTM As of Mar. 2026)


FRA:PMTA PTC Inc FRA:PMTA
79 GF Score
Price €98.00
GF Value €192.73
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PTC Research & Development?

PTC FRA:PMTA -1.51% 79 Research & Development is €409 Mil as of Mar. 2026. GuruFocus rates FRA:PMTA with a GF Score™ of 79/100 and a GF Value™ of €192.73 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PTC's Research & Development for the three months ended in Mar. 2026 was €107 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €409 Mil.

PTC  (FRA:PMTA) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PTC Research & Development Related Terms

PTC Research & Development Historical Data

* Premium members only.

The historical data trend for PTC's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PTC Research & Development Chart

PTC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.93 342.21 369.53 390.18 389.95

PTC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.70 101.13 97.56 102.47 107.37
FRA:PMTA
79GF Score
PTC Inc FRA:PMTA
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PTC Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €409 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €409 Mil mean?
PTC (FRA:PMTA) has a Research & Development of €409 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PTC and its competitors.
Is PTC's Research & Development too high?
PTC's current Research & Development is €409 Mil. Overall, PTC has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PTC's Research & Development compare to SSNC and GRAB?
PTC's Research & Development of €409 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PTC and its competitors. PTC's current Research & Development is €409 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC stock overvalued right now?
Based on GuruFocus' analysis, PTC (FRA:PMTA) is currently considered Significantly Undervalued. The stock's GF Value™ is €192.73, compared to a current price of €98.00 — trading 49.2% below its estimated fair value. The current Research & Development is €409 Mil. PTC's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PTC (FRA:PMTA), the current Research & Development is €409 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PTC (FRA:PMTA) Overvalued in 2026?

Based on GuruFocus' analysis, PTC stock appears to be undervalued. The current stock price of €98.00 is trading 49.2% below its estimated GF Value™ of €192.73. GuruFocus considers PTC to be Significantly Undervalued.

Key valuation signals for FRA:PMTA:

  • Research & Development: €409 Mil
  • GF Value™: €192.73 vs. price of €98.00 (49.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the FRA:PMTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PTC Business Description

Address 121 Seaport Boulevard, Boston, MA, USA, 02210
PTC is a US-based global company that offers high-end computer-assisted design, product lifecycle management, and augmented reality solutions that industrial manufacturers commonly use on factory floors. Founded in 1985, PTC is a major player in parametric design and serves some of the world's most well-known equipment manufacturers, such as Caterpillar, Garmin, and Thermo Fisher.
79GF Score

Get the complete analysis for FRA:PMTA

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€98.00
Price
€192.73
GF Value