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Dassault Systèmes

OTCPK:DAST.F
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DAST.F
OTCPK
€33B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Dassault Systèmes SE provides software applications and services worldwide. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Dassault Systèmes has significant price volatility in the past 3 months.
DAST.F Share Price and Events
7 Day Returns
3%
OTCPK:DAST.F
2.4%
US Software
1.2%
US Market
1 Year Returns
9%
OTCPK:DAST.F
25.6%
US Software
3%
US Market
DAST.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dassault Systèmes (DAST.F) 3% 3.2% 26.6% 9% 92.7% 27.9%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • DAST.F underperformed the Software industry which returned 25.6% over the past year.
  • DAST.F outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
DAST.F
Industry
5yr Volatility vs Market
Related Companies

DAST.F Value

 Is Dassault Systèmes undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dassault Systèmes to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dassault Systèmes.

OTCPK:DAST.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:DAST.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 33%) (3%))
1.11
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.11 * 6.65%)
10.11%

Discounted Cash Flow Calculation for OTCPK:DAST.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dassault Systèmes is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:DAST.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.11%)
2019 882.61 Analyst x10 801.58
2020 977.16 Analyst x11 805.97
2021 1,072.45 Analyst x5 803.36
2022 1,151.09 Est @ 7.33% 783.10
2023 1,219.60 Est @ 5.95% 753.53
2024 1,280.40 Est @ 4.99% 718.46
2025 1,335.56 Est @ 4.31% 680.61
2026 1,386.78 Est @ 3.84% 641.83
2027 1,435.37 Est @ 3.5% 603.33
2028 1,482.33 Est @ 3.27% 565.86
Present value of next 10 years cash flows €7,157.63
OTCPK:DAST.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €1,482.33 × (1 + 2.73%) ÷ (10.11% – 2.73%)
€20,636.49
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €20,636.49 ÷ (1 + 10.11%)10
€7,877.75
OTCPK:DAST.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €7,157.63 + €7,877.75
€15,035.38
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €15,035.38 / 255.23
€58.91
OTCPK:DAST.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:DAST.F represents 1.14416x of ENXTPA:DSY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.14416x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 58.91 x 1.14416
$67.40
Value per share (USD) From above. $67.40
Current discount Discount to share price of $149.60
= -1 x ($149.60 - $67.40) / $67.40
-122%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Dassault Systèmes is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dassault Systèmes's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dassault Systèmes's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:DAST.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €2.20
ENXTPA:DSY Share Price ** ENXTPA (2019-03-20) in EUR €130.75
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dassault Systèmes.

OTCPK:DAST.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:DSY Share Price ÷ EPS (both in EUR)

= 130.75 ÷ 2.20

59.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dassault Systèmes is overvalued based on earnings compared to the US Software industry average.
  • Dassault Systèmes is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Dassault Systèmes's expected growth come at a high price?
Raw Data
OTCPK:DAST.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 59.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
14.5%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:DAST.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 59.34x ÷ 14.5%

4.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dassault Systèmes is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Dassault Systèmes's assets?
Raw Data
OTCPK:DAST.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €17.61
ENXTPA:DSY Share Price * ENXTPA (2019-03-20) in EUR €130.75
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:DAST.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:DSY Share Price ÷ Book Value per Share (both in EUR)

= 130.75 ÷ 17.61

7.42x

* Primary Listing of Dassault Systèmes.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dassault Systèmes is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess Dassault Systèmes's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Dassault Systèmes has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DAST.F Future Performance

 How is Dassault Systèmes expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dassault Systèmes expected to grow at an attractive rate?
  • Dassault Systèmes's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Dassault Systèmes's earnings growth is expected to exceed the United States of America market average.
  • Dassault Systèmes's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:DAST.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:DAST.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 14.5%
OTCPK:DAST.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 8.9%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:DAST.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:DAST.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,516 1
2022-12-31 5,060 1
2021-12-31 4,698 1,183 883 6
2020-12-31 4,241 1,075 787 12
2019-12-31 3,894 970 680 13
OTCPK:DAST.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 3,477 899 569
2018-09-30 3,344 820 571
2018-06-30 3,308 798 577
2018-03-31 3,238 804 535
2017-12-31 3,228 745 519
2017-09-30 3,193 768 457
2017-06-30 3,176 765 464
2017-03-31 3,124 660 442
2016-12-31 3,056 622 447
2016-09-30 2,977 629 431
2016-06-30 2,918 666 423
2016-03-31 2,879 677 422

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dassault Systèmes's earnings are expected to grow by 14.5% yearly, however this is not considered high growth (20% yearly).
  • Dassault Systèmes's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:DAST.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Dassault Systèmes Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DAST.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 3.47 3.71 3.24 6.00
2020-12-31 3.07 3.34 2.80 14.00
2019-12-31 2.67 3.10 2.48 14.00
OTCPK:DAST.F Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 2.20
2018-09-30 2.22
2018-06-30 2.24
2018-03-31 2.09
2017-12-31 2.04
2017-09-30 1.80
2017-06-30 1.83
2017-03-31 1.74
2016-12-31 1.76
2016-09-30 1.70
2016-06-30 1.66
2016-03-31 1.67

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dassault Systèmes is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Dassault Systèmes's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dassault Systèmes has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DAST.F Past Performance

  How has Dassault Systèmes performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dassault Systèmes's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dassault Systèmes's year on year earnings growth rate has been positive over the past 5 years.
  • Dassault Systèmes's 1-year earnings growth is less than its 5-year average (9.6% vs 13.4%)
  • Dassault Systèmes's earnings growth has not exceeded the US Software industry average in the past year (9.6% vs 32.7%).
Earnings and Revenue History
Dassault Systèmes's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dassault Systèmes Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DAST.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,477.40 569.40 1,357.20 631.10
2018-09-30 3,343.81 570.81 1,307.43 597.89
2018-06-30 3,308.21 576.91 1,273.53 584.69
2018-03-31 3,237.51 535.21 1,260.83 579.59
2017-12-31 3,228.01 519.41 1,258.23 576.59
2017-09-30 3,192.59 457.39 1,264.93 586.01
2017-06-30 3,176.42 464.04 1,252.79 577.20
2017-03-31 3,123.99 442.29 1,220.93 559.71
2016-12-31 3,055.59 447.19 1,183.03 540.51
2016-09-30 2,977.06 430.78 1,145.11 526.99
2016-06-30 2,917.60 423.13 1,127.70 510.13
2016-03-31 2,879.36 422.18 1,118.21 499.79
2015-12-31 2,839.46 402.18 1,103.91 492.49
2015-09-30 2,716.18 375.04 1,063.97 478.06
2015-06-30 2,602.49 341.01 1,026.04 466.88
2015-03-31 2,443.48 307.24 980.07 446.06
2014-12-31 2,294.28 291.24 937.87 409.66
2014-09-30 2,186.52 299.98 946.15 342.23
2014-06-30 2,117.88 318.01 868.03 378.03
2014-03-31 2,083.12 332.48 899.25 327.13
2013-12-31 2,066.12 352.28 818.55 375.53
2013-09-30 2,064.24 340.02 822.91 370.24
2013-06-30 2,070.33 333.17 873.37 328.29
2013-03-31 2,051.24 336.42 865.01 324.14
2012-12-31 2,028.34 334.82 848.31 315.74
2012-09-30 1,976.94 323.68 776.46 365.50
2012-06-30 1,910.24 317.41 740.31 348.63
2012-03-31 1,835.94 297.48 701.16 338.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dassault Systèmes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dassault Systèmes used its assets more efficiently than the US Software industry average last year based on Return on Assets.
  • Dassault Systèmes has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dassault Systèmes's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dassault Systèmes has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DAST.F Health

 How is Dassault Systèmes's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dassault Systèmes's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dassault Systèmes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dassault Systèmes's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dassault Systèmes's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dassault Systèmes Company Filings, last reported 2 months ago.

OTCPK:DAST.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,625.80 1,000.00 2,809.90
2018-09-30 4,375.60 1,000.00 2,746.30
2018-06-30 4,482.60 1,000.00 3,043.70
2018-03-31 4,074.80 1,000.00 2,845.10
2017-12-31 3,996.05 1,000.00 2,460.73
2017-09-30 3,860.90 1,000.00 2,788.40
2017-06-30 3,793.23 1,000.00 2,817.38
2017-03-31 3,920.00 1,000.00 2,829.00
2016-12-31 3,882.83 1,000.00 2,492.77
2016-09-30 3,655.60 1,000.00 2,502.40
2016-06-30 3,520.59 1,000.00 2,636.23
2016-03-31 3,480.70 1,000.00 2,590.20
2015-12-31 3,487.70 1,000.00 2,351.29
2015-09-30 3,286.40 350.00 1,576.30
2015-06-30 3,210.55 350.00 1,503.59
2015-03-31 3,258.90 361.20 1,499.90
2014-12-31 2,959.50 359.98 1,175.49
2014-09-30 2,831.70 371.00 1,171.30
2014-06-30 2,649.94 370.95 1,346.47
2014-03-31 2,648.40 380.90 1,774.50
2013-12-31 2,624.15 380.06 1,803.65
2013-09-30 2,582.60 394.30 1,817.00
2013-06-30 2,524.16 394.83 1,950.18
2013-03-31 2,491.20 60.00 1,526.60
2012-12-31 2,353.17 63.82 1,319.07
2012-09-30 2,273.10 286.70 1,462.60
2012-06-30 2,203.47 286.89 1,643.96
2012-03-31 2,183.10 292.70 1,559.70
  • Dassault Systèmes's level of debt (21.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (14.5% vs 21.6% today).
  • Debt is well covered by operating cash flow (89.9%, greater than 20% of total debt).
  • Dassault Systèmes earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Dassault Systèmes's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dassault Systèmes has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DAST.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.44%
Current annual income from Dassault Systèmes dividends. Estimated to be 0.62% next year.
If you bought $2,000 of Dassault Systèmes shares you are expected to receive $9 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dassault Systèmes's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Dassault Systèmes's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:DAST.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:DAST.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.90 10.00
2020-12-31 0.82 16.00
2019-12-31 0.73 17.00
OTCPK:DAST.F Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-03-22 0.580 0.495
2017-03-23 0.530 0.607
2016-03-24 0.470 0.649
2015-03-25 0.430 0.630
2014-03-31 0.415 0.830
2013-04-03 0.400 0.882
2012-07-27 0.350 0.843
2012-06-08 0.350 0.942
2011-05-27 0.270 0.890
2010-04-01 0.230 0.880
2009-04-02 0.230 1.272
2009-03-23 0.230 1.589

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dassault Systèmes is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Dassault Systèmes is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Dassault Systèmes's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Dassault Systèmes's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Dassault Systèmes's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Dassault Systèmes's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dassault Systèmes afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dassault Systèmes has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DAST.F Management

 What is the CEO of Dassault Systèmes's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bernard Charlès
COMPENSATION €15,788,120
AGE 61
TENURE AS CEO 17.2 years
CEO Bio

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 Corporation since November 17, 2017. He served as the President of Dassault Systemes Holding Canada Inc. and Dassault Systèmes SE since September 1995. Mr. Charlès served as Director of the New Technology, Research and Development and Strategy department from 1986 to 1988 and as Director of Strategy, Research and Development from 1988 to 1995. He served as the President of Dassault Systemes K K. He served as the President of Dassault Systemes Canada Inc. He served as the Chief Executive Officer and President of Dassault Systemes Corp. and also served as the President of Dassault Systemes K.K., each of Which are subsidiaries of Dassault Systemes SE. He served as the President of Research and Development from 1988 to September 1995 and as President of Research and Strategy from 1985 to 1988. He serves as the Chairman, Chief Executive Officer and President of Dassault Systemes K.K., each of Which are subsidiaries of Dassault Systemes SE. He serves as the Chairman of Dassault Data Services, Dassault Systemes Corp., Dassault Systemes Biovia Corp., Dassault Systemes SolidWorks Corp., Dassault Systemes Simulia Corp. and Enovia Corporation. He has been the Chairman of Supervisory Board and Member of Supervisory Board at Dassault Systemes 3DExcite GmbH since March 31, 2014 and March 13, 2014 respectively. He was Chairman of the Board of Dassault Systemes Delmia Corp., Dassault Systemes Enovia Corp. (United States), Dassault Systemes Canada Software Inc. (Canada) and Chairman of the Supervisory Board of RealTime Technology AG (Germany). He served as the Chairman of Dassault Systemes K K. He has been an Independent Director of Sanofi since May 10, 2017. He served as Lead Independent Director and Director of SAP Business Objects SA since 1998. He has been a Director of Dassault Systèmes SE since April 8, 1993. He serves as a Director of Dassault Systèmes Delmia Corp., Dassault Systemes Corp., Smar Team Corporation Ltd., Dassault Systèmes Provence S.A., Dassault Systemes Americas Corp., Dassault Data Services S.A., Dassault Systèmes of America Corp., Dassault Systèmes Corp., Dassault Systèmes K.K., DELMIA Corp., Enovia Corp., Solidworks Corp., SmarTeam Corporation Ltd. and Invention Machine Corp. He serves as a Representative Director of Dassault Systemes K K. Mr. Charlès is a Certified Public Accountant. Mr. Charlès Graduated in Automation and Computer Science Engineering from The prestigious Ecole Normale Supérieure in Cachan, France.

CEO Compensation
  • Bernard's compensation has increased by more than 20% in the past year.
  • Bernard's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Dassault Systèmes management team in years:

12.3
Average Tenure
61
Average Age
  • The average tenure for the Dassault Systèmes management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bernard Charlès

TITLE
Vice Chairman & CEO
COMPENSATION
€16M
AGE
61
TENURE
17.2 yrs

Thibault de Tersant

TITLE
Senior EVP
COMPENSATION
€781K
AGE
61
TENURE
31.2 yrs

Tanneguy de Fromont de Bouaille

TITLE
Consumer Goods & Retail Industry Sales Director and Director
COMPENSATION
€14K
AGE
63

Pascal Daloz

TITLE
Executive VP
AGE
49
TENURE
1.1 yrs

Laurence Baucher-Barthes

TITLE
Executive VP and Chief People & Information Officer
TENURE
9.4 yrs

François-José Bordonado

TITLE
Vice-President of Investor Relations

Sgolne Moignet

TITLE
Corporate Counsel

Florence Verzelen

TITLE
Executive VP of Industry Solutions
AGE
40
TENURE
1.2 yrs

Bruno Latchague

TITLE
Senior EVP of Global Field Operations Americas
AGE
61
TENURE
15.2 yrs

Sylvain Laurent

TITLE
EVP of Global Field Operations Asia / Oceania - Global Direct Business Transformation Sales Force
Board of Directors Tenure

Average tenure and age of the Dassault Systèmes board of directors in years:

7.8
Average Tenure
63.5
Average Age
  • The tenure for the Dassault Systèmes board of directors is about average.
Board of Directors

Charles Edelstenne

TITLE
Chairman
COMPENSATION
€1M
AGE
80
TENURE
26.2 yrs

Bernard Charlès

TITLE
Vice Chairman & CEO
COMPENSATION
€16M
AGE
61
TENURE
2.8 yrs

Thibault de Tersant

TITLE
Senior EVP
COMPENSATION
€781K
AGE
61
TENURE
25.9 yrs

Tanneguy de Fromont de Bouaille

TITLE
Consumer Goods & Retail Industry Sales Director and Director
COMPENSATION
€14K
AGE
63
TENURE
2.8 yrs

Laurent Dassault

TITLE
President of Chateau Dassault SAS and Chairman of The Supervisory Board of Immobiliere Dassault SA
COMPENSATION
€16K
AGE
65

Jean-Pierre Chahid-Nourai

TITLE
Independent Director
COMPENSATION
€57K
AGE
79
TENURE
13.9 yrs

Laurence Lescourret

TITLE
Independent Director
COMPENSATION
€25K
AGE
44
TENURE
2.8 yrs

Soumitra Dutta

TITLE
Independent Director
AGE
55
TENURE
1.8 yrs

Arnoud De Meyer

TITLE
Independent Director
COMPENSATION
€39K
AGE
64
TENURE
13.9 yrs

Toshiko Mori

TITLE
Independent Director
COMPENSATION
€29K
AGE
66
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Dassault Systèmes's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dassault Systèmes has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DAST.F News

Simply Wall St News

DAST.F Company Info

Description

Dassault Systèmes SE provides software applications and services worldwide. The company offers SOLIDWORKS 3D design software for 3D and electrical design, simulation, product data management, 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 a scientific collaborative environment for biological formulated products and advanced materials. It also provides SIMULIA, a simulation software solution for product, nature, and life; DELMIA manufacturing operations management solutions that enable to improve visibility into, control over, and synchronization across manufacturing operations and supply chain processes; 3DVIA that provides 3D space planning solutions; and ENOVIA that offers collaborative enterprise business process applications. In addition, the company offers 3DEXCITE software, content, and sales and marketing solutions; EXALEAD that enables organizations to access, analyze, and reveal enterprise digital intellectual properties and external information; and NETVIBES dashboard, which enables enterprises to identify and manage everything on real-time personalized dashboards. Further, it provides consulting services in methodology for design, deployment, and support; and training and engineering services. The company primarily serves companies in the aerospace and defense, consumer goods and retail, consumer packaged goods and retail, financial and business services, high-tech, industrial equipment, life sciences, marine and offshore, natural resources, and transportation and mobility industries; architecture, engineering, and construction industries; and energy, process, and utility industries through direct sales force and value-added resellers. Dassault Systèmes SE was founded in 1981 and is headquartered in Vélizy-Villacoublay, France.

Details
Name: Dassault Systèmes SE
DAST.F
Exchange: OTCPK
Founded: 1981
€37,863,006,708
255,231,152
Website: http://www.3ds.com
Address: Dassault Systèmes SE
10, rue Marcel Dassault,
CS 40501,
Vélizy-Villacoublay,
Ile-de-France, 78946,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA DSY Common Shares Euronext Paris FR EUR 02. Jul 1996
OTCPK DAST.F Common Shares Pink Sheets LLC US USD 02. Jul 1996
DB DSY1 Common Shares Deutsche Boerse AG DE EUR 02. Jul 1996
LSE 0HB4 Common Shares London Stock Exchange GB EUR 02. Jul 1996
SWX DSY Common Shares SIX Swiss Exchange CH CHF 02. Jul 1996
BMV DSY N Common Shares Bolsa Mexicana de Valores MX MXN 02. Jul 1996
BATS-CHIXE DSYP Common Shares BATS 'Chi-X Europe' GB EUR 02. Jul 1996
OTCPK DAST.Y SPONS ADR REPR 1 ORD EUR1 Pink Sheets LLC US USD 28. Jun 1996
DB DSY SPONS ADR REPR 1 ORD EUR1 Deutsche Boerse AG DE EUR 28. Jun 1996
Number of employees
Current staff
Staff numbers
17,030
Dassault Systèmes employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:55
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/05
Last earnings filing: 2019/02/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.