-0.88%
-7.98%
-13.53%
-10.93%
-13.70%
16.78%
28.43%
AI Spotlight on BSY
Company Description
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.
In addition, it offers industry solutions comprising AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight.The company serves civil, structural, geotechnical, geoscience subsurface engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers.Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.
Market Data
| Last Price | 43.01 |
| Change Percentage | -0.88% |
| Open | 42.96 |
| Previous Close | 43.39 |
| Market Cap ( Millions) | 12540 |
| Volume | 1120278 |
| Year High | 57.19 |
| Year Low | 41.84 |
| M A 50 | 46.26 |
| M A 200 | 48.77 |
Financial Ratios
| FCF Yield | 3.36% |
| Dividend Yield | 0.56% |
| ROE | 23.54% |
| Debt / Equity | 137.05% |
| Net Debt / EBIDTA | 354.12% |
| Price To Book | 13.02 |
| Price Earnings Ratio | 57.71 |
| Price To FCF | 29.77 |
| Price To sales | 9.27 |
| EV / EBITDA | 36.13 |
News
- Feb -28 - Bentley Systems Faces Political Uncertainties Amid High Valuation (Downgrade)
- Feb -26 - Bentley Systems, Incorporated (BSY) Q4 2024 Earnings Call Transcript
- Feb -26 - Compared to Estimates, Bentley Systems (BSY) Q4 Earnings: A Look at Key Metrics
- Feb -26 - Bentley Systems, Incorporated (BSY) Misses Q4 Earnings and Revenue Estimates
- Feb -26 - Bentley Systems Announces Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook
- Feb -24 - What Analyst Projections for Key Metrics Reveal About Bentley Systems (BSY) Q4 Earnings
- Feb -17 - Bentley Systems Issues Call for Nominations for the 2025 Going Digital Awards
- Feb -05 - Stock Picks From Seeking Alpha's January 2025 New Analysts
- Jan -29 - Bentley Systems to Announce Fourth Quarter and Full Year 2024 Results and 2025 Financial Outlook on February 26, 2025
- Jan -24 - Meet the Supercharged Growth Stock That Could Make You a Millionaire
- Jan -15 - Bentley Systems: Undervalued Stock With Robust Operational Efficiency Presents A Buying Opportunity
- Jan -13 - Bentley Systems Welcomes James Lee as Chief Operating Officer
- Dec -27 - Bentley Systems: Rating Upgrade On Cheaper Valuation And Positive Growth Outlook
- Dec -03 - Is the Options Market Predicting a Spike in Bentley Systems (BSY) Stock?
- Nov -22 - Bentley Systems, Incorporated Declares Fourth Quarter 2024 Dividend
- Nov -09 - Bentley Systems, Incorporated (BSY) Q3 2024 Earnings Call Transcript
- Nov -07 - Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
- Nov -07 - Here's What Key Metrics Tell Us About Bentley Systems (BSY) Q3 Earnings
- Nov -07 - Bentley Systems, Incorporated (BSY) Q3 Earnings and Revenues Miss Estimates
- Oct -21 - Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Enterprise Subscriptions
Expected Growth : 12 %
What the company do ?
Enterprise Subscriptions from Bentley Systems, Incorporated provide a cost-effective way for organizations to access a broad portfolio of infrastructure engineering software and services.
Why we expect these perspectives ?
Strong demand for infrastructure development, increasing adoption of digital twins, and growing need for data-driven insights drive Bentley Systems' Enterprise Subscriptions growth. The company's expanding product portfolio, strategic acquisitions, and partnerships also contribute to its 12% growth. Additionally, the shift towards subscription-based models and the rising importance of infrastructure resilience and sustainability further support this growth.
Segment n°2 -> Term License Subscriptions
Expected Growth : 10 %
What the company do ?
Term License Subscriptions from Bentley Systems, Incorporated allow users to access software applications for a specific period, providing flexibility and cost savings.
Why we expect these perspectives ?
Bentley Systems' Term License Subscriptions growth is driven by increasing adoption of infrastructure engineering software, rising demand for digital twins, and growing need for construction and engineering firms to digitize their workflows. Additionally, the company's strategic acquisitions and expanding partner network contribute to its growth.
Segment n°3 -> SELECT Subscriptions
Expected Growth : 11 %
What the company do ?
The SELECT Subscriptions from Bentley Systems, Incorporated refers to the process of retrieving subscription information from Bentley Systems, a software company, for infrastructure design, construction, and operations.
Why we expect these perspectives ?
Bentley Systems' 11% growth in Subscriptions is driven by increasing adoption of digital twins in infrastructure projects, growing demand for cloud-based collaboration tools, and expansion into new markets such as China and India. Additionally, the company's strategic acquisitions and investments in emerging technologies like AI and IoT are contributing to its growth momentum.
Segment n°4 -> Services - Other
Expected Growth : 9 %
What the company do ?
Services - Other from Bentley Systems, Incorporated provides consulting, training, and support services for infrastructure and engineering projects, enhancing project delivery and asset performance.
Why we expect these perspectives ?
Bentley Systems' Services - Other segment growth is driven by increasing adoption of digital twin technology, growing demand for infrastructure development, and rising need for asset performance management. Additionally, the company's expanding presence in emerging markets and strategic partnerships are contributing to the 9% growth rate.
Segment n°5 -> Perpetual Licenses
Expected Growth : 8 %
What the company do ?
Perpetual Licenses from Bentley Systems, Incorporated are permanent software licenses that allow users to use the software indefinitely, with optional annual maintenance fees for updates and support.
Why we expect these perspectives ?
Strong demand for infrastructure development, increasing adoption of digital twins, and growing need for efficient project delivery drive growth in Perpetual Licenses from Bentley Systems. Additionally, the company's strategic acquisitions, expanding partner network, and continuous innovation in software solutions contribute to the 8% growth rate.
Segment n°6 -> Services - Recurring
Expected Growth : 13 %
What the company do ?
Services - Recurring from Bentley Systems, Incorporated provides ongoing access to software applications, updates, and support for infrastructure design, construction, and operations.
Why we expect these perspectives ?
Bentley Systems' Services - Recurring segment growth of 13% is driven by increasing adoption of subscription-based models, expansion of its SaaS offerings, and growing demand for digital twin solutions in infrastructure and construction industries, resulting in higher recurring revenue and improved customer retention.
Bentley Systems, Incorporated Products
| Product Range | What is it ? |
|---|---|
| MicroStation | A CAD software for 2D and 3D design and drafting, used for architecture, engineering, and construction projects. |
| ProjectWise | A project collaboration and management software for infrastructure projects, enabling teams to work together and share information. |
| AssetWise | An asset performance management software for industries such as oil and gas, transportation, and utilities. |
| OpenRoads | A civil engineering software for designing and analyzing roads, highways, and other transportation infrastructure. |
| OpenBridge | A bridge design and analysis software for engineers and architects. |
| OpenBuildings | A building information modeling (BIM) software for architects, engineers, and contractors. |
| OpenSite | A site design and land development software for architects, engineers, and surveyors. |
| LEGION | A pedestrian simulation software for analyzing and optimizing pedestrian traffic flow. |
| iTwin | A digital twin software for creating and managing digital replicas of physical infrastructure assets. |
Bentley Systems, Incorporated's Porter Forces
Threat Of Substitutes
Bentley Systems, Incorporated has a diverse range of products and services, making it difficult for substitutes to emerge. However, the increasing adoption of cloud-based solutions and open-source alternatives poses a moderate threat.
Bargaining Power Of Customers
Bentley Systems, Incorporated has a large and diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products and services are often critical to customers' operations, making it difficult for them to negotiate prices or terms.
Bargaining Power Of Suppliers
Bentley Systems, Incorporated has a diverse supply chain and is not heavily dependent on a single supplier. The company's strong financial position and long-term contracts with suppliers also reduce the bargaining power of suppliers.
Threat Of New Entrants
The software industry has high barriers to entry, including significant research and development costs, complex technology, and established customer relationships. These barriers make it difficult for new entrants to compete with Bentley Systems, Incorporated.
Intensity Of Rivalry
The software industry is highly competitive, with many established players and new entrants vying for market share. Bentley Systems, Incorporated faces intense competition from companies like Autodesk, Trimble, and ESRI, which can lead to pricing pressure and increased marketing expenses.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.53% |
| Debt Cost | 3.95% |
| Equity Weight | 36.47% |
| Equity Cost | 9.34% |
| WACC | 5.91% |
| Leverage | 174.22% |
Bentley Systems, Incorporated : Quality Control
Bentley Systems, Incorporated passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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| QTWO | Q2 Holdings, Inc. provides cloud-based digital banking solutions to regional and community financial institutions (RCFIs) in the United States. The company offers Q2 Consumer Banking, a browser-based digital banking solution … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Bentley Systems
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