BSY Relative Valuation
BSY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BSY is overvalued; if below, it's undervalued.
Historical Valuation
Bentley Systems Inc (BSY) is now in the Undervalued zone, suggesting that its current forward PE ratio of 33.41 is considered Undervalued compared with the five-year average of 52.60. The fair price of Bentley Systems Inc (BSY) is between 46.18 to 75.40 according to relative valuation methord. Compared to the current price of 42.62 USD , Bentley Systems Inc is Undervalued By 7.71%.
Relative Value
Fair Zone
46.18-75.40
Current Price：42.62
7.71%
Undervalued
33.29
PE
1Y
3Y
5Y
Trailing
Forward
25.53
EV/EBITDA
Bentley Systems Inc. (BSY) has a current EV/EBITDA of 25.53. The 5-year average EV/EBITDA is 38.62. The thresholds are as follows: Strongly Undervalued below 19.37, Undervalued between 19.37 and 29.00, Fairly Valued between 48.25 and 29.00, Overvalued between 48.25 and 57.88, and Strongly Overvalued above 57.88. The current Forward EV/EBITDA of 25.53 falls within the Undervalued range.
26.61
EV/EBIT
Bentley Systems Inc. (BSY) has a current EV/EBIT of 26.61. The 5-year average EV/EBIT is 41.14. The thresholds are as follows: Strongly Undervalued below 20.25, Undervalued between 20.25 and 30.69, Fairly Valued between 51.59 and 30.69, Overvalued between 51.59 and 62.04, and Strongly Overvalued above 62.04. The current Forward EV/EBIT of 26.61 falls within the Undervalued range.
8.37
PS
Bentley Systems Inc. (BSY) has a current PS of 8.37. The 5-year average PS is 11.97. The thresholds are as follows: Strongly Undervalued below 6.33, Undervalued between 6.33 and 9.15, Fairly Valued between 14.79 and 9.15, Overvalued between 14.79 and 17.61, and Strongly Overvalued above 17.61. The current Forward PS of 8.37 falls within the Undervalued range.
27.29
P/OCF
Bentley Systems Inc. (BSY) has a current P/OCF of 27.29. The 5-year average P/OCF is 42.24. The thresholds are as follows: Strongly Undervalued below 23.71, Undervalued between 23.71 and 32.98, Fairly Valued between 51.50 and 32.98, Overvalued between 51.50 and 60.77, and Strongly Overvalued above 60.77. The current Forward P/OCF of 27.29 falls within the Undervalued range.
28.85
P/FCF
Bentley Systems Inc. (BSY) has a current P/FCF of 28.85. The 5-year average P/FCF is 45.46. The thresholds are as follows: Strongly Undervalued below 24.70, Undervalued between 24.70 and 35.08, Fairly Valued between 55.85 and 35.08, Overvalued between 55.85 and 66.23, and Strongly Overvalued above 66.23. The current Forward P/FCF of 28.85 falls within the Undervalued range.
Bentley Systems Inc (BSY) has a current Price-to-Book (P/B) ratio of 11.21. Compared to its 3-year average P/B ratio of 18.09 , the current P/B ratio is approximately -38.04% higher. Relative to its 5-year average P/B ratio of 43.58, the current P/B ratio is about -74.29% higher. Bentley Systems Inc (BSY) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 2.54%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 2.32% , the current FCF yield is about -100.00% lower.
11.17
P/B
Median3y
18.09
Median5y
43.58
3.43
FCF Yield
Median3y
2.54
Median5y
2.32
Competitors Valuation Multiple
The average P/S ratio for BSY's competitors is , providing a benchmark for relative valuation. Bentley Systems Inc Corp (BSY) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 12.05%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of BSY decreased by 9.06% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 12.63 to 15.25.
The secondary factor is the Revenue Growth, contributed 12.05%to the performance.
Overall, the performance of BSY in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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