Market Summary
USD41.16+0.72
Market Closed1.78%
BSY Stock Price
BSY RSI Chart
BSY Valuation
BSY Price/Sales (Trailing)
BSY Profitability
BSY Fundamentals
BSY Revenue
BSY Earnings
Price Action
52 Week Range
26.3245.70
(Low)(High)
Last 7 days
0.4%
Last 30 days
2.9%
Last 90 days
11.9%
Trailing 12 Months
-0.7%
BSY Financial Health
BSY Investor Care
Peers (Alternatives to BENTLEY SYSTEMS)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.5T | 387.5B | 7.56% | -5.75% | 26.58 | 6.53 | 2.44% | -5.35% |
MSFT | 2.1T | 204.1B | 10.44% | -6.15% | 30.81 | 10.18 | 10.38% | -5.25% |
GOOG | 1.4T | 282.8B | 15.52% | -23.22% | 22.78 | 4.83 | 9.78% | -21.12% |
AMZN | 1.0T | 514.0B | 5.31% | -39.05% | -374.76 | 1.98 | 9.40% | -108.16% |
| MID-CAP | ||||||||
NYMT | 3.2B | 258.4M | 209.06% | 170.68% | -10.84 | 12.52 | 24.91% | -254.56% |
JBLU | 2.2B | 9.2B | -18.51% | -52.89% | -6.04 | 0.24 | 51.67% | -98.90% |
| SMALL-CAP | ||||||||
PLAY | 1.7B | 1.7B | -13.42% | -20.19% | 13.83 | 0.98 | 61.79% | 371.82% |
TLRY | 1.6B | 602.5M | -5.76% | -54.20% | -2.78 | 2.67 | 18.18% | -18.59% |
BYND | 994.2M | 418.9M | -4.94% | -68.88% | -2.72 | 2.37 | -9.85% | -101.06% |
CGC | 923.6M | 478.9M | -20.83% | -73.20% | -0.29 | 1.93 | -31.50% | -634.70% |
MFA | 918.3M | 482.4M | -14.10% | -39.28% | -3.97 | 1.9 | 33.15% | -170.42% |
GPRO | 765.1M | 1.1B | -10.07% | -40.41% | 26.52 | 0.7 | -5.82% | -92.23% |
NKLA | 759.1M | 50.8M | -38.08% | -83.81% | -0.97 | 14.94 | 1229.98% | -13.59% |
INO | 239.4M | 10.3M | -31.91% | -73.70% | -0.86 | 23.33 | 478.23% | 7.85% |
Financials for BENTLEY SYSTEMS
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.8% | 1,099 | 1,080 | 1,063 | 1,019 | 965 |
| Gross Profit | 1.9% | 862 | 846 | 834 | 796 | 749 |
| Operating Expenses | 3.0% | 653 | 635 | 716 | 700 | 654 |
| S&GA Expenses | 3.5% | 196 | 189 | 187 | 176 | 162 |
| R&D Expenses | 1.9% | 258 | 253 | 246 | 234 | 221 |
| EBITDA | 2.4% | 296 | 289 | 190 | 165 | 159 |
| EBITDA Margin | 0.6% | 0.27* | 0.27* | 0.18* | 0.16* | 0.16* |
| Earnings Before Taxes | -0.9% | 198 | 200 | 110 | 86.00 | 93.00 |
| EBT Margin | -2.6% | 0.18* | 0.19* | 0.10* | 0.09* | 0.10* |
| Interest Expenses | 39.9% | 27.00 | 19.00 | 13.00 | 9.00 | 5.00 |
| Net Income | -6.9% | 175 | 188 | 103 | 93.00 | 93.00 |
| Net Income Margin | -8.5% | 0.16* | 0.17* | 0.10* | 0.09* | 0.10* |
| Free Cahsflow | -14.6% | 256 | 299 | 288 | 238 | 270 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.1% | 3,165 | 3,041 | 3,100 | 3,158 | 2,659 |
| Current Assets | 27.5% | 416 | 326 | 355 | 414 | 616 |
| Cash Equivalents | -1.6% | 72.00 | 73.00 | 93.00 | 130 | 329 |
| Goodwill | 2.0% | 2,237 | 2,193 | 2,216 | 2,218 | 1,588 |
| Liabilities | 2.8% | 2,592 | 2,521 | 2,603 | 2,701 | 2,250 |
| Current Liabilities | 10.4% | 628 | 569 | 591 | 613 | 594 |
| Long Term Debt | -2.7% | 1,782 | 1,831 | 1,877 | 1,436 | - |
| LT Debt, Current | 0% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| LT Debt, Non Current | -0.1% | 1,776 | 1,777 | 1,826 | 1,872 | 1,431 |
| Shareholder's Equity | 10.2% | 573 | 520 | 497 | 458 | 409 |
| Retained Earnings | 3.9% | -370 | -385 | -397 | -427 | -439 |
| Additional Paid-In Capital | 2.5% | 1,030 | 1,005 | 981 | 957 | 938 |
| Shares Outstanding | 0.6% | 310 | 308 | 308 | - | - |
| Minority Interest | Infinity% | 1.00 | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -14.0% | 274 | 319 | 308 | 257 | 288 |
| Share Based Compensation | 11.3% | 75.00 | 68.00 | 61.00 | 55.00 | 49.00 |
| Cashflow From Investing | -2.8% | -770 | -749 | -772 | -1,696 | -1,056 |
| Cashflow From Financing | -33.9% | 243 | 368 | 442 | 1,010 | 983 |
| Dividend Payments | 1.0% | 34.00 | 34.00 | 34.00 | 34.00 | 33.00 |
| Buy Backs | -55.4% | 28.00 | 63.00 | 48.00 | 16.00 | 0.00 |
Risks for BSY
What is the probability of a big loss on BSY?
86.3%
Probability that BENTLEY SYSTEMS stock will be more than 20% underwater in next one year
52.7%
Probability that BENTLEY SYSTEMS stock will be more than 30% underwater in next one year.
33.6%
Probability that BENTLEY SYSTEMS stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does BSY drawdown profile look like?
Y-axis is the maximum loss one would have experienced if BENTLEY SYSTEMS was unfortunately bought at previous high price.
Drawdowns
Returns for BSY
Cumulative Returns on BSY
Which funds bought or sold BSY recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 43.52 | 1,382,340 | 3,265,340 | -% |
2023-03-08 | Capital Asset Advisory Services LLC | reduced | -59.37 | -245,204 | 291,796 | 0.02% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -33.75 | -129,000 | 519,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -0.01 | 444,876 | 2,582,880 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | 4,281 | 25,281 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -3,924,000 | - | -% |
2023-02-22 | CVA Family Office, LLC | added | 8.33 | 402 | 2,402 | -% |
2023-02-21 | MACQUARIE GROUP LTD | unchanged | - | 26,240 | 151,240 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -25.00 | -20,032 | 192,968 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | added | 3.49 | 1,250,000 | 6,245,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
BENTLEY SYSTEMS News
Schedule 13G FIlings of BENTLEY SYSTEMS
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | bentley richard p. | 64.0% | 69,823,163 | SC 13G/A | |
| Feb 14, 2023 | spt invest management sarl | 1.1% | 3,173,093 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 7.26% | 20,101,992 | SC 13G/A | |
| Feb 14, 2022 | bentley richard p. | 64.7% | 70,957,968 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 6.48% | 17,547,781 | SC 13G | |
| Feb 12, 2021 | bentley richard p. | 66.9% | 73,710,050 | SC 13G | |
| Feb 12, 2021 | spt invest management sarl | 13.8% | 35,569,645 | SC 13G |
BSY Fair Value
BENTLEY SYSTEMS fair value in different scenarios
The table shows the Fair Value estimates for BENTLEY SYSTEMS for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | - - | - - | - - | - - | - - |
| Current Inflation | 7.85 -80.93% | 9.99 -75.73% | 13.53 -67.13% | 17.46 -57.58% | 19.52 -52.58% |
| Very High Inflation | - - | - - | - - | - - | - - |
Historical BENTLEY SYSTEMS Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of BENTLEY SYSTEMS
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for BSY
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-20 | Griswold Kirk B. | acquired | 53,050 | 5.305 | 10,000 | - |
2023-03-20 | Griswold Kirk B. | sold (taxes) | -53,081 | 41.18 | -1,289 | - |
2023-03-17 | Cumins Nicholas | sold (taxes) | -118,350 | 40.98 | -2,888 | chief operating officer |
2023-03-17 | Andre Werner | sold (taxes) | -39,791 | 40.98 | -971 | chief financial officer |
2023-03-17 | Shaman David R. | sold (taxes) | -47,372 | 40.98 | -1,156 | chief legal officer |
2023-03-17 | Ballard Brock | sold (taxes) | -9,507 | 40.98 | -232 | chief revenue officer |
2023-03-15 | BENTLEY GREGORY S | gifted | - | - | -12,594 | chairman, ceo & president |
2023-03-13 | Shaman David R. | acquired | - | - | 14,132 | chief legal officer |
2023-03-13 | Campbell Michael M | acquired | - | - | 16,173 | chief product officer |
2023-03-13 | Cumins Nicholas | acquired | - | - | 19,467 | chief operating officer |
Gregory S. Bentley
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.
BSY Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenues: | |||
| Total revenues | $ 1,099,082 | $ 965,046 | $ 801,544 |
| Cost of revenues: | |||
| Total cost of revenues | 237,013 | 216,539 | 167,155 |
| Gross profit | 862,069 | 748,507 | 634,389 |
| Operating expense (income): | |||
| Research and development | 257,856 | 220,915 | 185,515 |
| Selling and marketing | 195,622 | 162,240 | 143,791 |
| General and administrative | 174,647 | 150,116 | 113,274 |
| Deferred compensation plan | (15,782) | 95,046 | 177 |
| Amortization of purchased intangibles | 41,114 | 25,601 | 15,352 |
| Expenses associated with initial public offering | 0 | 0 | 26,130 |
| Total operating expenses | 653,457 | 653,918 | 484,239 |
| Income from operations | 208,612 | 94,589 | 150,150 |
| Interest expense, net | (34,635) | (11,221) | (6,780) |
| Other income, net | 24,298 | 9,961 | 24,250 |
| Income before income taxes | 198,275 | 93,329 | 167,620 |
| (Provision) benefit for income taxes | (21,283) | 3,448 | (38,625) |
| Loss from investments accounted for using the equity method, net of tax | (2,212) | (3,585) | (2,474) |
| Net income | 174,780 | 93,192 | 126,521 |
| Less: Net income attributable to participating securities | (42) | (9) | (234) |
| Net income attributable to Class A and Class B common stockholders | $ 174,738 | $ 93,183 | $ 126,287 |
| Per share information: | |||
| Net income per share, basic (USD per share) | $ 0.57 | $ 0.30 | $ 0.44 |
| Net income per share, diluted (USD per share) | $ 0.55 | $ 0.30 | $ 0.42 |
| Weighted average shares, basic (in shares) | 309,226,677 | 305,711,345 | 289,863,272 |
| Weighted average shares, diluted (in shares) | 331,765,158 | 314,610,814 | 299,371,129 |
| Subscriptions and licenses | |||
| Revenues: | |||
| Total revenues | $ 1,003,597 | $ 865,887 | $ 736,655 |
| Cost of revenues: | |||
| Total cost of revenues | 147,578 | 124,321 | 95,803 |
| Subscriptions | |||
| Revenues: | |||
| Total revenues | 960,220 | 812,807 | 679,273 |
| Perpetual licenses | |||
| Revenues: | |||
| Total revenues | 43,377 | 53,080 | 57,382 |
| Services | |||
| Revenues: | |||
| Total revenues | 95,485 | 99,159 | 64,889 |
| Cost of revenues: | |||
| Total cost of revenues | $ 89,435 | $ 92,218 | $ 71,352 |
BSY Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 71,684 | $ 329,337 |
| Accounts receivable | 296,376 | 241,807 |
| Allowance for doubtful accounts | (9,303) | (6,541) |
| Prepaid income taxes | 18,406 | 16,880 |
| Prepaid and other current assets | 38,732 | 34,348 |
| Total current assets | 415,895 | 615,831 |
| Property and equipment, net | 32,251 | 31,823 |
| Operating lease right-of-use assets | 40,249 | 50,818 |
| Intangible assets, net | 292,271 | 245,834 |
| Goodwill | 2,237,184 | 1,588,477 |
| Investments | 22,270 | 6,438 |
| Deferred income taxes | 52,636 | 71,376 |
| Other assets | 72,249 | 48,646 |
| Total assets | 3,165,005 | 2,659,243 |
| Current liabilities: | ||
| Accounts payable | 15,176 | 16,483 |
| Accruals and other current liabilities | 362,048 | 323,603 |
| Deferred revenues | 226,955 | 224,610 |
| Operating lease liabilities | 14,672 | 17,482 |
| Income taxes payable | 4,507 | 6,696 |
| Current portion of long-term debt | 5,000 | 5,000 |
| Total current liabilities | 628,358 | 593,874 |
| Long-term debt | 1,775,696 | 1,430,992 |
| Deferred compensation plan liabilities | 77,014 | 94,890 |
| Long-term operating lease liabilities | 27,670 | 35,274 |
| Deferred revenues | 16,118 | 7,983 |
| Deferred income taxes | 51,235 | 65,014 |
| Income taxes payable | 8,105 | 7,725 |
| Other liabilities | 7,355 | 14,269 |
| Total liabilities | 2,591,551 | 2,250,021 |
| Commitments and contingencies (Note 18) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of December 31, 2022 and 2021 | 0 | 0 |
| Class A Common Stock, $0.01 par value, authorized 100,000,000 shares; issued and outstanding 11,601,757 shares as of December 31, 2022 and 2021, and Class B Common Stock, $0.01 par value, authorized 1,800,000,000 shares; issued and outstanding 277,412,730 and 270,924,962 shares as of December 31, 2022 and 2021, respectively | 2,890 | 2,825 |
| Additional paid-in capital | 1,030,466 | 937,805 |
| Accumulated other comprehensive loss | (89,740) | (91,774) |
| Accumulated deficit | (370,866) | (439,634) |
| Non-controlling interest | 704 | 0 |
| Total stockholders’ equity | 573,454 | 409,222 |
| Total liabilities and stockholders’ equity | $ 3,165,005 | $ 2,659,243 |