Bentley Systems recorded broad-based strength across resources, public works, and utilities in the third quarter. Year-over-year annual recurring revenue growth accelerated to 13%. The net retention rate was also up 100 basis points to 110%. Shares were up 3% during trading on Nov. 5.
Bentley Systems can expand its leadership in public works and utilities to other sectors, such as resources and industrials, dramatically increasing the number of customers it can serve.
Competitors such as Autodesk are developing more advanced infrastructure engineering software, gradually narrowing Bentley Systems’ competitive advantage.
Metric | BSY | PTC | ADSK |
|---|---|---|---|
Price/Earnings (Normalized) | 35.62 | 23.88 | 22.02 |
Price/Book Value | 10.64 | 6.25 | 16.07 |
Price/Sales | 8.86 | 8.32 | 7.11 |
Price/Cash Flow | 29.02 | 30.05 | 16.39 |
Metric | BSY | PTC | ADSK |
|---|---|---|---|
Quick Ratio | 0.48 | 0.88 | 0.73 |
Current Ratio | 0.65 | 1.03 | 0.86 |
Interest Coverage | 13.39 | 24.35 | — |
Metric | BSY | PTC | ADSK |
|---|---|---|---|
Return on Assets (Normalized) | 12.25% | — | 19.09% |
Return on Equity (Normalized) | 35.57% | — | 74.52% |
Return on Invested Capital (Normalized) | 18.58% | — | 37.65% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| SAP SE ADR SAP | LOCK|H$g%<wp | LOCK|%z> | $272B | |||
| Shopify Inc Registered Shs -A- Subord Vtg SHOP | LOCK|s?$G^& | LOCK|S%WV | $189B | |||
| Salesforce Inc CRM | LOCK|^&?<x$F | LOCK|g<x^W | $176B | |||
| Uber Technologies Inc UBER | LOCK|@$#>QW? | LOCK|^lY^f | $143B | |||
| Automatic Data Processing Inc ADP | LOCK|hY$@tvN | LOCK|wtn!< | $121B | |||
| Snowflake Inc Ordinary Shares SNOW | LOCK|P&s&#w | LOCK|g? | $104B | |||
| ServiceNow Inc NOW | LOCK|@%v&PhyW | LOCK|x$<% | $103B | |||
| Adobe Inc ADBE | LOCK|&N?R!w% | LOCK|Q%l> | $92B | |||
| Cadence Design Systems Inc CDNS | LOCK|%@!?qsT# | LOCK|SV | $91B | |||
| Intuit Inc INTU | LOCK|P<%Qbf | LOCK|@x>! | $91B |
United States