BSY Stock Overview
Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Bentley Systems Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.16|
|52 Week High||US$71.92|
|52 Week Low||US$26.32|
|1 Month Change||3.53%|
|3 Month Change||-22.45%|
|1 Year Change||-43.21%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||4.99%|
Recent News & Updates
Bentley Systems, Incorporated's (NASDAQ:BSY) Intrinsic Value Is Potentially 24% Below Its Share Price
How far off is Bentley Systems, Incorporated ( NASDAQ:BSY ) from its intrinsic value? Using the most recent financial...
|BSY||US Software||US Market|
Return vs Industry: BSY underperformed the US Software industry which returned -17.9% over the past year.
Return vs Market: BSY underperformed the US Market which returned -18.4% over the past year.
|BSY Average Weekly Movement||9.2%|
|Software Industry Average Movement||11.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: BSY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: BSY's weekly volatility (9%) has been stable over the past year.
About the Company
Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open simulation applications for infrastructure design integration, which include MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. It also provides project delivery systems that support collaboration, work-sharing, and 4D construction modeling for infrastructure project delivery enterprises, such as ProjectWise, ProjectWise Design Review Service, and SYNCHRO; and asset and network performance systems, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central.
Bentley Systems Fundamentals Summary
|BSY fundamental statistics|
Is BSY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSY income statement (TTM)|
|Cost of Revenue||US$223.04m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||9.09%|
How did BSY perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is BSY undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BSY?
Other financial metrics that can be useful for relative valuation.
|What is BSY's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BSY's PE Ratio compare to its peers?
|BSY PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FICO Fair Isaac
OTEX Open Text
BKI Black Knight
PCTY Paylocity Holding
BSY Bentley Systems
Price-To-Earnings vs Peers: BSY is expensive based on its Price-To-Earnings Ratio (118.4x) compared to the peer average (46x).
Price to Earnings Ratio vs Industry
How does BSY's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Earnings vs Industry: BSY is expensive based on its Price-To-Earnings Ratio (118.4x) compared to the US Software industry average (39.3x)
Price to Earnings Ratio vs Fair Ratio
What is BSY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||118.4x|
|Fair PE Ratio||38.4x|
Price-To-Earnings vs Fair Ratio: BSY is expensive based on its Price-To-Earnings Ratio (118.4x) compared to the estimated Fair Price-To-Earnings Ratio (38.4x).
Share Price vs Fair Value
What is the Fair Price of BSY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BSY ($35.16) is trading above our estimate of fair value ($34.25)
Significantly Below Fair Value: BSY is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: BSY is poor value based on its PEG Ratio (5.1x)
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How is Bentley Systems forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSY's forecast earnings growth (23.2% per year) is above the savings rate (1.9%).
Earnings vs Market: BSY's earnings (23.2% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: BSY's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BSY's revenue (9.6% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: BSY's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSY's Return on Equity is forecast to be very high in 3 years time (43.2%).
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How has Bentley Systems performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSY has a large one-off loss of $31.3M impacting its March 31 2022 financial results.
Growing Profit Margin: BSY's current net profit margins (9.1%) are lower than last year (18.6%).
Past Earnings Growth Analysis
Earnings Trend: BSY's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: BSY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSY had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Software industry average (27.1%).
Return on Equity
High ROE: Whilst BSY's Return on Equity (20.23%) is high, this metric is skewed due to their high level of debt.
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How is Bentley Systems's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BSY's short term assets ($414.1M) do not cover its short term liabilities ($612.8M).
Long Term Liabilities: BSY's short term assets ($414.1M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: BSY's net debt to equity ratio (381.7%) is considered high.
Reducing Debt: Insufficient data to determine if BSY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BSY's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: BSY's interest payments on its debt are well covered by EBIT (14.2x coverage).
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What is Bentley Systems's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSY's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: BSY's dividend (0.34%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Stability and Growth of Payments
Stable Dividend: BSY is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BSY is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: BSY is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: BSY is not paying a notable dividend for the US market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Bentley (65 yo)
Mr. Gregory S. Bentley, also known as Greg, has served as the Chief Executive Officer of Bentley Systems, Incorporated since August 2000 and has been its Chairman of the Board and President since June 1996...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD17.68M) is above average for companies of similar size in the US market ($USD13.43M).
Compensation vs Earnings: Greg's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: BSY's management team is seasoned and experienced (5.7 years average tenure).
Experienced Board: BSY's board of directors are seasoned and experienced ( 20.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bentley Systems, Incorporated's employee growth, exchange listings and data sources
- Name: Bentley Systems, Incorporated
- Ticker: BSY
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$10.957b
- Shares outstanding: 311.65m
- Website: https://www.bentley.com
Number of Employees
- Bentley Systems, Incorporated
- 685 Stockton Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.