* Note: Prices are in Million (M) USD.
Description:
Bentley Systems, Incorporated, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. The company is headquartered in Exton, Pennsylvania.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $90 M
Debt : $1,283 M
EBITDA : $401 M
Net Debt (Debt - Cash): $1,193 M
Since Net Debt is covered by EBITDA within 3 years, 1 points assigned.
This criteria used industry in which company operates:
Sector: Information
Industry: Software publishers
Based on industry, 5 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Forward PE Ratio: 43.64
Since Forward PE Ratio is greater than 35, 0 point assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 9 overlapping fiscal years (max 20).Average Free Cash Flow: $214 M
Average Revenue: $764 M
Revenue Converted To Free Cash Flow (%): 28.0%
Since Free Cash Flow (FCF) to Revenue percentage is greater than 25, 5 points assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $1,353 M
Revenue 4 Years Ago (2020-12-31): $802 M
Last 5 Years Average Revenue Growth: 14%
Since Revenue Growth is between 10 - 15, 3 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $334 M
Share Count 5 Years Ago (2020-12-31): $299 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $1.32
Trailing 12-Month Earnings Per Share (EPS): $1.20
Average Earnings Per Share (EPS): $1.26
Dividend Per Share (DPS): $0
Payout Ratio: 21%
Dividend Yield: 1%
Since company Payout Ratio is less than 50, 2 points assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 7 valid ROE years (max 20).Average ROE: 39.6%
Since Average ROE is greater than 20, 5 points assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $55
52-Week Low: $36
Threshold Price (15% Above 52-Week Low): $42
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $15,816 M
Since Market Cap is between 10B - 100B, 2 points assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 3% exposure of Total Portfolio.
Value-Trade has assigned 23 points to above Bentley Systems Inc (BSY) stock.
Last 2 Years Avg PE 40, Fair Value PE 25, Industry Based PE 30, Growth Based PE 13, RCFC Based PE 32.41, ROE Based PE 41.67, Risk-Free Anchored PE (25% MoS) 17.08. Based on these 7 values, average assigned is 28.45. Value-Trades has assined P/E value 28.45. Since an average (Current Year EPS + Next Year EPS) earning per share is $1.26.
The fair value of Bentley Systems Inc (BSY) stock should be (28.45 x $1.26) = $35.85.
