Bentley Systems 대차대조표 건전성
재무 건전성 기준 점검 3/6
Bentley Systems 의 총 주주 지분은 $1.2B 이고 총 부채는 $1.1B, 이는 부채 대 자기자본 비율을 91% 로 가져옵니다. 총자산과 총부채는 각각 $3.5B 및 $2.3B 입니다. Bentley Systems 의 EBIT는 $396.3M 이며 이자보상배율은 26 입니다. $105.2M 의 현금 및 단기 투자금을 보유하고 있습니다.
핵심 정보
90.98%
부채/자본 비율
US$1.12b
부채
| 이자보상배율 | 26x |
| 현금 | US$105.16m |
| 자본 | US$1.23b |
| 총부채 | US$2.30b |
| 총자산 | US$3.52b |
최근 재무 건전성 업데이트
Recent updates
내러티브 업데이트 • Jun 17
BSY: AI Workflows And Capital Restructuring Will Support Long Term Upside
The analyst price target for Bentley Systems has been trimmed from $58.69 to $56.19, with analysts pointing to revised estimates, a slightly higher discount rate, modestly adjusted revenue growth expectations, and updated P/E assumptions as key reasons for the change. Analyst Commentary Recent commentary around Bentley Systems highlights a mix of cautious valuation resets and pockets of renewed optimism, giving you a range of perspectives to weigh.
내러티브 업데이트 • Jun 03
BSY: Infrastructure AI And Recurring Revenue Will Support Returns Despite Reset Expectations
Bentley Systems' analyst price target is updated from $42.00 to $40.00 as analysts reset their models, reflecting revised revenue growth and profit margin assumptions in line with recent target changes from firms covering industrial technology stocks. Analyst Commentary Recent research updates show a mix of views on Bentley Systems, with some analysts trimming price targets and others adjusting ratings.
내러티브 업데이트 • May 01
BSY: FY26 ARR And Services Rebound Are Expected To Unlock Upside
The analyst price target for Bentley Systems has been adjusted slightly lower to reflect a blended view of recent target cuts and one increase across the Street, as analysts weigh multiple compression against updated guidance for ARR and services growth into 2026. Analyst Commentary Street commentary on Bentley Systems is mixed, with several firms trimming price targets while a few maintain more supportive views tied to execution on guidance and long term growth drivers.내러티브 업데이트 • Apr 16
BSY: FY26 ARR Guidance And Services Recovery Will Support Future Upside
Analyst price targets for Bentley Systems have shifted within a $40 to $50 range, with adjustments such as Barclays moving to $49 and several firms lowering their targets, as analysts factor in recent guidance on ARR growth, expectations for a rebound in services in 2026, and sector wide multiple compression. Analyst Commentary Recent research on Bentley Systems presents a mix of optimism around execution and growth, alongside caution around valuation and competitive positioning.내러티브 업데이트 • Apr 01
BSY: ARR Visibility And Services Recovery Outlook Will Support Future Upside
The analyst-derived fair value estimate for Bentley Systems edges up to about $48.14 from $48.00, as analysts balance a wide range of updated price targets, from $40 to $55. Their views are shaped by recent guidance on ARR growth expectations, anticipated services recovery in 2026, and adjustments to sector P/E multiples.내러티브 업데이트 • Mar 17
BSY: ARR And Services Recovery Will Support Long Term Upside Potential
Analysts trimmed the fair value estimate for Bentley Systems to about $58.69 from $63, reflecting lower assumed future P/E multiples, while also factoring in slightly higher revenue growth, stronger profit margins, and recent shifts in Street price targets clustered around the $40 to $50 range. Analyst Commentary Street research on Bentley Systems has shifted toward a tighter range of fair value views, with most recent targets clustering between US$40 and US$55.내러티브 업데이트 • Mar 03
BSY: Agentic AI And ARR Visibility Will Support Future Upside
Analysts have trimmed their price target on Bentley Systems from $58.21 to $48.00, citing sector wide multiple compression, moderating growth expectations into 2026, and updated models following recent ARR guidance and Q4 results. Analyst Commentary Street research on Bentley Systems presents a mixed picture, with analysts adjusting price targets lower while highlighting both supportive fundamentals and areas of concern for growth and execution into 2026.Seeking Alpha • Feb 27
Bentley Systems: Positive On Q4 Outperformance And Above-Consensus Guide
Summary Bentley Systems remains a Buy-rated stock, considering its strong Q4 results and better-than-expected FY26 guidance. BSY's 4Q25 EPS grew 28.6% YoY, thanks to higher enterprise subscription share and increased small-to-midsized business penetration. FY26 revenue guidance of $1.7B implies 12% constant currency growth outpacing consensus, driven by enterprise upgrades and service revenue reacceleration. Read the full article on Seeking Alpha내러티브 업데이트 • Feb 17
BSY: Long Term Demand And Buyback Plan Will Support Upside
Narrative Update on Bentley Systems The analyst fair value estimate for Bentley Systems has been trimmed by $2 to $63, as analysts weigh slightly lower margin expectations and a higher discount rate against supportive views on growth and long term demand for the company’s software. Analyst Commentary Recent Street research on Bentley Systems shows a mix of caution and optimism, with several firms trimming price targets while still highlighting long term demand for the company’s asset analytics and infrastructure software portfolio.내러티브 업데이트 • Feb 03
BSY: Agentic AI And Buybacks Will Support Returns Despite Softer Outlook
Narrative Update The analyst price target for Bentley Systems has been reduced by $12, as analysts factor in softer long term growth assumptions, more measured profitability expectations compared with peers, and a series of recent target cuts following updated models across the coverage universe. Analyst Commentary Recent research updates on Bentley Systems point to a more cautious tone, with several bearish analysts trimming price targets and, in at least one case, downgrading the rating as they reassess growth and profitability assumptions for the next few years.내러티브 업데이트 • Jan 20
BSY: Agentic AI And Buybacks Will Offset Softer Outlook Through 2026
Analysts have trimmed their fair value estimate for Bentley Systems from US$46.12 to US$42.00, reflecting a broader reset in price targets as they consider softer organic ARR outlook, more moderate profitability expectations, and updated sector views for 2026. Analyst Commentary Recent Street research on Bentley Systems has tilted more cautious, with several bearish analysts cutting price targets and, in one case, moving to a more neutral stance on the stock.내러티브 업데이트 • Jan 05
BSY: Agentic AI And Buybacks Will Support Future Upside Potential
Narrative Update The analyst price target for Bentley Systems has shifted modestly lower to reflect a mixed set of recent views, with some firms trimming targets into the low US$50s and others setting objectives in the high US$50s as they weigh solid Q3 results against limited share price appreciation potential, as well as interest in agentic AI initiatives. Analyst Commentary Recent research on Bentley Systems reflects a split view, with some firms highlighting solid Q3 results and interest in agentic AI initiatives, while others are more reserved on valuation and upside from current levels.내러티브 업데이트 • Dec 22
BSY: Agentic AI Expansion Will Support Upside Despite Recent Caution
The analyst’s fair value estimate for Bentley Systems has been raised by about $4 to approximately $46 per share, as analysts balance slightly softer growth and margin assumptions against continued solid quarterly results and growing enthusiasm for the company’s AI driven infrastructure software opportunity. Analyst Commentary Recent Street research highlights a more mixed sentiment backdrop, with some incremental caution emerging around valuation and the balance of risk and reward at current levels.내러티브 업데이트 • Dec 08
BSY: Agentic AI Will Drive Future Productivity And Share Repurchase Upside
Bentley Systems' analyst price target has been reduced by $5 to $51, as analysts balance solid Q3 performance and promising agentic AI initiatives with what they see as more limited near term share price appreciation potential compared with the broader software sector. Analyst Commentary Analysts are divided on Bentley Systems, with recent research highlighting both supportive long term fundamentals and a more measured stance on near term valuation following the recent share price performance.내러티브 업데이트 • Nov 24
BSY: Agentic AI Adoption Will Drive Long-Term Productivity For E&C Firms
Bentley Systems' average analyst price target was recently revised downward by $2.00 to $51.00. Analysts cited solid performance but noted limited near-term share price appreciation potential.내러티브 업데이트 • Nov 07
BSY: Expanding AI Adoption Will Drive Productivity Gains For Infrastructure Firms
Bentley Systems’ analyst price target has been reduced from $56 to $51 per share. Analysts cite a combination of solid quarterly results, a slightly higher discount rate, and tempered revenue growth expectations, which are offset by improving profit margins and future earnings multiples.분석 기사 • Sep 27
Does Bentley Systems (NASDAQ:BSY) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Sep 03
Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Still Appears To Be Reasonable
Bentley Systems, Incorporated's ( NASDAQ:BSY ) price-to-earnings (or "P/E") ratio of 67.2x might make it look like a...내러티브 업데이트 • Aug 08
Global Infrastructure Investment And Digital Transformation Will Expand Market Opportunities
Despite a declining net profit margin, the significant rise in Bentley Systems' future P/E ratio suggests elevated market growth expectations, driving the consensus analyst price target up from $54.31 to $59.08. What's in the News Launched an open API framework for the Blyncsy roadway intelligence solution, significantly expanding integration options and accessibility via a new self-service portal.분석 기사 • Jul 24
Here's What's Concerning About Bentley Systems' (NASDAQ:BSY) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Seeking Alpha • Feb 28
Bentley Systems Faces Political Uncertainties Amid High Valuation (Downgrade)
Summary Bentley Systems reported Q4 2024 results, meeting revenue estimates but missing non-GAAP EPS. Bentley's software market is projected to grow significantly, driven by digital twins and cloud environments, but it faces stiff competition and ongoing challenges in China. Financial trends show stable revenue but declining operating income and EPS, with increased SG&A and R&D expenses impacting operating leverage and margins. Despite strong infrastructure spending, uncertainties in the US and Europe, combined with high valuation and reduced operating leverage, justify a Sell rating for BSY. Read the full article on Seeking AlphaSeeking Alpha • Jan 15
Bentley Systems: Undervalued Stock With Robust Operational Efficiency Presents A Buying Opportunity
Summary Depressed valuation as compared to its historical range, unjustified by its sustainably strong margins. Niche and unrivalled product suite within infrastructure engineering, on top of the increasing adoption of digital twin and engagement of asset owner-operators. Strong operational efficiency, as evidenced by its consistently high free cash flow conversion and account retention. Macroeconomic tailwind – unsolved labor shortage issues, positive business sentiment with optimism seen in construction and infrastructure, and bottoming situation in China. Read the full article on Seeking AlphaSeeking Alpha • Dec 27
Bentley Systems: Rating Upgrade On Cheaper Valuation And Positive Growth Outlook
Summary Upgraded BSY rating to buy due to attractive valuation at 40x forward PE and expected revenue growth acceleration to mid-teens percentage in coming years. Growth drivers include new AI-powered "Plus" applications and increased E365 subscription adoption, enhancing productivity and reducing procurement friction. Valuation decline creates an attractive entry point; BSY deserves to trade at its historical average of 46x forward PE if growth accelerates. Read the full article on Seeking AlphaSeeking Alpha • Oct 21
Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)
Summary Bentley Systems recently ventured into a partnership with Google and acquired a geospatial technology business known as Cesium, which will enable the company to capitalize on the digital twin market's growth opportunities. BSY boasts good earnings quality, considering the company's cash flow conversion rate and its recurring revenue-to-top line percentage. I lift my rating for Bentley Systems to a Buy, following an evaluation of its earnings quality and latest inorganic growth initiatives. Read the full article on Seeking AlphaSeeking Alpha • Aug 08
Bentley Systems: Valuation Is A Concern On Economic Uneasiness (Downgrade)
Summary Bentley Systems, Incorporated has reported its Q2 2024 results, with revenue and earnings beating estimates. The company operates in the engineering and construction software markets, with strong growth forecasted in the engineering software market. Despite solid growth and subscription revenue, Bentley's valuation looks pricey when factoring in its growth rate. I'm Neutral on Bentley Systems for the near-term because of its expensive valuation and the potential for flagging growth ahead. Read the full article on Seeking Alpha재무 상태 분석
단기부채: BSY 의 단기 자산 ( $518.2M )은 단기 부채( $1.0B ).
장기 부채: BSY의 단기 자산($518.2M)이 장기 부채($1.3B)를 충당하지 못합니다.
부채/자본 비율 추이 및 분석
부채 수준: BSY 의 순부채 대 자기자본 비율( 82.4% )은 높음으로 간주됩니다.
부채 감소: BSY의 부채 대비 자본 비율은 지난 5년 동안 190%에서 91%로 감소했습니다.
부채 범위: BSY 의 부채는 영업 현금 흐름 ( 45.9% )에 의해 잘 충당되었습니다.
이자 보장: BSY 의 부채에 대한 이자 지급은 EBIT(26x 적용 범위)로 잘 충당됩니다.
대차대조표
건전한 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/06/25 12:33 |
| 종가 | 2026/06/25 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
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| 분석가 컨센서스 추정치 | +3년 |
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| 시장 가격 | 30년 |
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| 지분 구조 | 10년 |
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| 경영진 | 10년 |
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| 주요 개발 | 10년 |
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* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
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산업 및 섹터 지표
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분석가 소스
Bentley Systems, Incorporated는 27명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Joseph Vruwink | Baird |
| Guy Hardwick | Barclays |
| Gal Munda | Berenberg |