ENXTPA:DSY

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Dassault Systèmes

Executive Summary

Dassault Systèmes SE, together with its subsidiaries, provides software solutions and services worldwide.

Rewards

Earnings are forecast to grow 17.46% per year

Risk Analysis

No risks detected for DSY from our risk checks.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Dassault Systèmes's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DSY has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

DSY

2.1%

FR Software

1.5%

FR Market


1 Year Return

4.8%

DSY

4.5%

FR Software

-10.7%

FR Market

Return vs Industry: DSY underperformed the French Software industry which returned 5.8% over the past year.

Return vs Market: DSY exceeded the French Market which returned -9.8% over the past year.


Shareholder returns

DSYIndustryMarket
7 Day2.3%2.1%1.5%
30 Day2.1%2.0%2.8%
90 Day22.1%22.1%17.5%
1 Year5.3%4.8%5.1%4.5%-9.2%-10.7%
3 Year98.2%95.3%83.4%80.0%8.3%-0.5%
5 Year146.8%140.1%137.9%130.1%32.8%15.2%

Price Volatility Vs. Market

How volatile is Dassault Systèmes's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dassault Systèmes undervalued compared to its fair value and its price relative to the market?

70.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DSY (€153.45) is trading above our estimate of fair value (€108.7)

Significantly Below Fair Value: DSY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DSY is poor value based on its PE Ratio (70.3x) compared to the Software industry average (34.4x).

PE vs Market: DSY is poor value based on its PE Ratio (70.3x) compared to the French market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: DSY is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: DSY is overvalued based on its PB Ratio (7.4x) compared to the FR Software industry average (2.1x).


Next Steps

Future Growth

How is Dassault Systèmes forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DSY's forecast earnings growth (17.5% per year) is above the savings rate (0.6%).

Earnings vs Market: DSY's earnings (17.5% per year) are forecast to grow faster than the French market (13.3% per year).

High Growth Earnings: DSY's earnings are forecast to grow, but not significantly.

Revenue vs Market: DSY's revenue (8.4% per year) is forecast to grow faster than the French market (3.9% per year).

High Growth Revenue: DSY's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DSY's Return on Equity is forecast to be low in 3 years time (14.9%).


Next Steps

Past Performance

How has Dassault Systèmes performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DSY has high quality earnings.

Growing Profit Margin: DSY's current net profit margins (13.5%) are lower than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: DSY's earnings have grown by 12.1% per year over the past 5 years.

Accelerating Growth: DSY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DSY had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Software industry average (-6%).


Return on Equity

High ROE: DSY's Return on Equity (10.2%) is considered low.


Next Steps

Financial Health

How is Dassault Systèmes's financial position?


Financial Position Analysis

Short Term Liabilities: DSY's short term assets (€3.7B) exceed its short term liabilities (€2.1B).

Long Term Liabilities: DSY's short term assets (€3.7B) do not cover its long term liabilities (€6.5B).


Debt to Equity History and Analysis

Debt Level: DSY's debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: DSY's debt to equity ratio has increased from 11.1% to 23.1% over the past 5 years.

Debt Coverage: DSY's debt is well covered by operating cash flow (91.3%).

Interest Coverage: DSY earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Dassault Systèmes's current dividend yield, its reliability and sustainability?

0.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DSY's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.68%).

High Dividend: DSY's dividend (0.46%) is low compared to the top 25% of dividend payers in the French market (4.86%).


Stability and Growth of Payments

Stable Dividend: DSY is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: DSY is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: DSY is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DSY's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Bernard Charlès (63yo)

18.5yrs

Tenure

€24,731,879

Compensation

Mr. Bernard S. Charlès has been the Chief Executive Officer at Dassault Systèmes SE since 2002 and has been its Vice Chairman since May 2016. He has been the Chairman & Chief Executive Officer of Exa Corpo ...


CEO Compensation Analysis

Compensation vs Market: Bernard's total compensation ($USD27.85M) is above average for companies of similar size in the French market ($USD4.04M).

Compensation vs Earnings: Bernard's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bernard Charlès
Vice Chairman & CEO18.5yrs€24.73m1.53% 612.3m
Tanneguy de Fromont de Bouaille
Senior Director4.08yrs€33.00k0.0051% 2.0m
Thibault de Tersant
Senior EVP27.25yrs€31.90k0.036% 14.5m
Dominique Florack
President0.42yrno datano data
Pascal Daloz
COO & CFO2.42yrsno datano data
Laurence Baucher-Barthès
Executive VP and Chief People & Information Officer10.75yrsno datano data
François-José Bordonado
Vice-President of Investor Relationsno datano datano data
Sgolne Moignet
Corporate Counselno datano datano data
Victoire de Margerie
Vice President of Corporate Equity & Communications0.42yrno datano data
Florence Verzelen
Executive Vice President of Industry2.5yrsno datano data

2.4yrs

Average Tenure

62yo

Average Age

Experienced Management: DSY's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernard Charlès
Vice Chairman & CEO18.5yrs€24.73m1.53% 612.3m
Tanneguy de Fromont de Bouaille
Senior Director4.08yrs€33.00k0.0051% 2.0m
Thibault de Tersant
Senior EVP27.25yrs€31.90k0.036% 14.5m
Laurent Dassault
President of Chateau Dassault SAS and Chairman of The Supervisory Board of Immobiliere Dassault SAno data€16.20kno data
Charles Edelstenne
Chairman27.5yrs€1.03m6.08% 2.4b
Odile Desforges
Independent Director7.17yrs€51.70k0.00012% 47.9k
Toshiko Mori
Independent Director9.17yrs€38.50k0.00023% 91.9k
Marie-Hélène Habert-Dassault
Director6yrs€33.00k0.00022% 87.9k
Laurence Lescourret
Independent Director4.17yrs€57.20k0.000040% 16.0k
Xavier Cauchois
Independent Director2.17yrs€57.20k0.00012% 47.9k

6.0yrs

Average Tenure

64yo

Average Age

Experienced Board: DSY's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dassault Systèmes SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dassault Systèmes SE
  • Ticker: DSY
  • Exchange: ENXTPA
  • Founded: 1981
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €39.945b
  • Shares outstanding: 260.31m
  • Website: https://www.3ds.com

Number of Employees


Location

  • Dassault Systèmes SE
  • 10 rue Marcel Dassault
  • CS 40501
  • Vélizy-Villacoublay
  • Ile-de-France
  • 78946
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DAST.YOTCPK (Pink Sheets LLC)SPONS ADR REPR 1 ORD EUR1USUSDJun 1996
DSYDB (Deutsche Boerse AG)SPONS ADR REPR 1 ORD EUR1DEEURJun 1996
DAST.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1996
DSYENXTPA (Euronext Paris)YesCommon SharesFREURJul 1996
DSY1DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1996
0HB4LSE (London Stock Exchange)YesCommon SharesGBEURJul 1996
DSYPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJul 1996
DSY NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNJul 1996
DSYSWX (SIX Swiss Exchange)YesCommon SharesCHCHFJul 1996
DSY1ETLX (Eurotlx)YesCommon SharesITEURJul 1996

Biography

Dassault Systèmes SE, together with its subsidiaries, provides software solutions and services worldwide. The company offers SOLIDWORKS design software for 3D design, electrical and printed circuit board design, product data management, simulation, manufacturing, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for modeling and simulating the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences. It also provides SIMULIA that delivers realistic simulation applications; DELMIA, which enables industries and services to collaborate, model, optimize, and perform their operations; 3DVIA that provides 3D space planning solutions for enterprises and consumers; and ENOVIA that offers collaborative technical and business applications. In addition, the company offers Centric PLM, a product lifecycle management software solution; 3DEXCITE software, solutions, and CGI services for 3D visualizations in real-time for storytelling across media channels; EXALEAD, a business analytics software that provides information intelligence; and NETVIBES dashboard, which enables insights-driven decision-making. Further, it provides consulting, deployment, engineering, and enablement services. The company primarily serves companies in the transportation and mobility; industrial equipment; aerospace and defense; high-tech; life sciences; energy and materials; home and lifestyle; construction, cities, and territories; consumer packaged goods and retail; and marine and offshore through direct sales force and value-added resellers. Dassault Systèmes SE has a collaboration with Aden Group to develop Akila Care, a ready-to-use infectious disease hospital solution to fight against COVID-19. The company was founded in 1981 and is headquartered in Vélizy-Villacoublay, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/01 20:49
End of Day Share Price2020/07/01 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.