Bentley Systems, Inc. Experiences Revision in Its Stock Evaluation Amid Mixed Performance Indicators

Bentley Systems, Inc., a midcap player in the software products industry, has recently undergone a valuation adjustment. The company's financial metrics reflect a P/E ratio of 58, alongside a price-to-book value of 13.75. Its enterprise value to EBITDA stands at 41.58, while the EV to EBIT is recorded at 49.05. Notably, Bentley Systems boasts a robust dividend yield of 50.81%, with a return on equity (ROE) of 23.56% and a return on capital employed (ROCE) of 14.61%.
In comparison to its peers, Bentley Systems presents a higher P/E ratio than several competitors, such as ANSYS, Inc., which has a P/E of 52.27, and PTC, Inc. at 49.59. However, it significantly outpaces companies like Take-Two Interactive Software, Inc., which shows a negative P/E ratio. The stock's performance over various periods indicates a mixed trajectory, with a year-to-date return of 5.67%, contrasting with the S&P 500's 11.41% return. Over three years, Bentley Systems has achieved a return of 51.99%, although this lags behind the S&P 500's 81.39% during the same timeframe.