XNASBSY
Market cap13bUSD
Dec 31, Last price
46.70USD
1D
-1.85%
1Q
-6.39%
IPO
45.94%
Name
Bentley Systems Inc
Chart & Performance
P/E
41.54
P/S
11.05
EPS
1.12
Div Yield, %
0.43%
Shrs. gr., 5y
4.94%
Rev. gr., 5y
12.17%
Revenues
1.23b
+11.77%
Net income
327m
+86.97%
CFO
417m
+51.90%
Dividend
Sep 17, 20240.06 USD/sh
Earnings
Feb 25, 2025
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 1,228,413 11.77% | 1,099,082 13.89% | ||||
Cost of revenue | 1,011,451 | 849,356 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 216,962 | 249,726 | ||||
NOPBT Margin | 17.66% | 22.72% | ||||
Operating Taxes | (143,241) | 21,283 | ||||
Tax Rate | 8.52% | |||||
NOPAT | 360,203 | 228,443 | ||||
Net income | 326,787 86.97% | 174,780 87.55% | ||||
Dividends | (58,756) | (34,493) | ||||
Dividend yield | 0.34% | 0.28% | ||||
Proceeds from repurchase of equity | (58,937) | (63,473) | ||||
BB yield | 0.34% | 0.52% | ||||
| Debt | ||||||
Debt current | 33,290 | 19,672 | ||||
Long-term debt | 1,591,300 | 1,845,708 | ||||
Deferred revenue | 15,862 | 16,118 | ||||
Other long-term liabilities | 100,896 | 92,474 | ||||
Net debt | 1,532,698 | 1,771,426 | ||||
| Cash flow | ||||||
Cash from operating activities | 416,696 | 274,324 | ||||
CAPEX | (25,002) | (18,546) | ||||
Cash from investing activities | (60,504) | (770,127) | ||||
Cash from financing activities | (359,074) | 243,034 | ||||
FCF | 456,040 | 431,375 | ||||
| Balance | ||||||
Cash | 68,412 | 71,684 | ||||
Long term investments | 23,480 | 22,270 | ||||
Excess cash | 30,471 | 39,000 | ||||
Stockholders' equity | (243,252) | (457,012) | ||||
Invested Capital | 2,826,311 | 2,957,589 | ||||
ROIC | 12.46% | 8.30% | ||||
ROCE | 8.37% | 9.79% | ||||
| EV | ||||||
Common stock shares outstanding | 332,504 | 331,765 | ||||
Price | 52.18 41.18% | 36.96 -23.53% | ||||
Market cap | 17,350,040 41.49% | 12,262,040 -19.36% | ||||
EV | 18,883,442 | 14,034,170 | ||||
EBITDA | 302,403 | 321,263 | ||||
EV/EBITDA | 62.44 | 43.68 | ||||
Interest | 41,331 | 34,635 | ||||
Interest/NOPBT | 19.05% | 13.87% | ||||