OTCPK:DAST.F

Stock Analysis Report

Executive Summary

Dassault Systèmes SE provides software solutions and services worldwide.

Rewards

Earnings are forecast to grow 14.92% per year

Earnings have grown 13.6% per year over the past 5 years

Risk Analysis

No risks detected for DAST.F 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: DAST.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

DAST.F

-6.6%

US Software

-4.2%

US Market


1 Year Return

16.8%

DAST.F

29.5%

US Software

14.0%

US Market

Return vs Industry: DAST.F underperformed the US Software industry which returned 35.1% over the past year.

Return vs Market: DAST.F matched the US Market which returned 17.8% over the past year.


Shareholder returns

DAST.FIndustryMarket
7 Day-0.2%-6.6%-4.2%
30 Day-4.8%1.8%-1.8%
90 Day8.1%8.4%2.6%
1 Year16.8%16.8%30.8%29.5%16.3%14.0%
3 Year108.9%108.9%138.3%128.2%43.2%34.0%
5 Year143.0%143.0%203.2%181.5%65.9%47.6%

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

No news available

Valuation

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

63.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DAST.F ($169.59) is trading above our estimate of fair value ($110.38)

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


Price To Earnings Ratio

PE vs Industry: DAST.F is poor value based on its PE Ratio (65.2x) compared to the Software industry average (49.4x).

PE vs Market: DAST.F is poor value based on its PE Ratio (65.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: DAST.F is poor value based on its PEG Ratio (4.4x)


Price to Book Ratio

PB vs Industry: DAST.F is overvalued based on its PB Ratio (7.6x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

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

14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAST.F's forecast earnings growth (14.9% per year) is above the savings rate (1.7%).

Earnings vs Market: DAST.F's earnings (14.9% per year) are forecast to grow faster than the US market (14.1% per year).

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

Revenue vs Market: DAST.F's revenue (10.8% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: DAST.F's revenue (10.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DAST.F's Return on Equity is forecast to be low in 3 years time (15.9%).


Next Steps

  • Explore growth companies in the Software industry.

Past Performance

How has Dassault Systèmes performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DAST.F has high quality earnings.

Growing Profit Margin: DAST.F's current net profit margins (15.3%) are lower than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: DAST.F's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: DAST.F's earnings growth over the past year (8.1%) is below its 5-year average (13.6% per year).

Earnings vs Industry: DAST.F earnings growth over the past year (8.1%) underperformed the Software industry 18.4%.


Return on Equity

High ROE: DAST.F's Return on Equity (11.5%) is considered low.


Next Steps

Financial Health

How is Dassault Systèmes's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Debt Level: DAST.F's debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: DAST.F's debt to equity ratio has increased from 12.2% to 23.7% over the past 5 years.

Debt Coverage: DAST.F's debt is well covered by operating cash flow (94.9%).

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


Balance Sheet

Inventory Level: DAST.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: DAST.F's debt is covered by short term assets (assets are 2.9x debt).


Next Steps

Dividend

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

0.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DAST.F's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: DAST.F's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (3.73%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: DAST.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Bernard Charles (62yo)

18.1yrs

Tenure

€22,895,334

Compensation

Mr. Bernard S. Charles 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 ($USD24.87M) is above average for companies of similar size in the US market ($USD10.81M).

Compensation vs Earnings: Bernard's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bernard Charles
Vice Chairman & CEO18.1yrs€22.90m1.48% 627.8m
Tanneguy de Fromont de Bouaille
Consumer Goods & Retail Industry Sales Director and Director3.7yrs€175.47k0.0051% 2.2m
Thibault de Tersant
Senior EVP26.8yrs€783.95k0.048% 20.4m
Dominique Florack
President0yrsno datano data
Pascal Daloz
COO & CFO2yrsno datano data
Laurence Baucher-Barthès
Executive VP and Chief People & Information Officer10.3yrsno datano data
François-José Bordonado
Vice-President of Investor Relations0yrsno datano data
Sgolne Moignet
Corporate Counsel0yrsno datano data
Victoire de Margerie
Vice President of Corporate Equity & Communications0yrsno datano data
Florence Verzelen
Executive Vice President of Industry2.1yrsno datano data

2.1yrs

Average Tenure

61yo

Average Age

Experienced Management: DAST.F's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernard Charles
Vice Chairman & CEO18.1yrs€22.90m1.48% 627.8m
Tanneguy de Fromont de Bouaille
Consumer Goods & Retail Industry Sales Director and Director3.7yrs€175.47k0.0051% 2.2m
Thibault de Tersant
Senior EVP26.8yrs€783.95k0.048% 20.4m
Laurent Dassault
President of Chateau Dassault SAS and Chairman of The Supervisory Board of Immobiliere Dassault SA0yrs€16.20kno data
Charles Edelstenne
Chairman27.1yrs€1.03m6.07% 2.6b
Odile Desforges
Independent Director6.8yrs€47.30k0.00012% 51.0k
Toshiko Mori
Independent Director8.8yrs€33.00k0.00023% 97.8k
Marie-Hélène Habert-Dassault
Director5.6yrs€28.60k0.00019% 80.8k
Laurence Lescourret
Independent Director3.8yrs€47.30k0.000040% 17.0k
Xavier Cauchois
Independent Director1.8yrsno data0.00012% 51.0k

5.6yrs

Average Tenure

63yo

Average Age

Experienced Board: DAST.F's board of directors are considered experienced (5.6 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: DAST.F
  • Exchange: OTCPK
  • Founded: 1981
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €39.157b
  • Listing Market Cap: €42.502b
  • Shares outstanding: 260.01m
  • 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 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 (CAD); GEOVIA, which models and simulates the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences. It also provides SIMULIA delivers realistic simulation applications; DELMIA 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; EXALEAD that provides information intelligence for the social industry and developer community; and NETVIBES dashboard, which enables insights-driven decision-making. Further, it provides consulting services in methodology for design, deployment, and support; and training and engineering services. The company primarily serves companies in the transportation and mobility; industrial equipment; aerospace and defense; financial and business services; high-tech; life sciences; energy, process, and utilities; consumer goods and retail; natural resources; architecture, engineering, and construction; consumer packaged goods and retail, and marine and offshore through direct sales force and value-added resellers. Dassault Systèmes SE has a collaborative research agreement with the U.S. Food and Drug Administration. 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 Analysis2020/02/25 00:12
End of Day Share Price2020/02/19 00:00
Earnings2019/12/31
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.