DASSAULT SYSTEMES SE (DSY.PA) Stock Fundamental Analysis
EPA:DSY - Euronext Paris - Matif - FR0014003TT8 - Common Stock - Currency: EUR
Taking everything into account, DSY scores 6 out of 10 in our fundamental rating. DSY was compared to 95 industry peers in the Software industry. DSY has an excellent profitability rating, but there are some minor concerns on its financial health. DSY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year DSY was profitable.
DSY had a positive operating cash flow in the past year.
Each year in the past 5 years DSY has been profitable.
In the past 5 years DSY always reported a positive cash flow from operatings.
1.2 Ratios
DSY has a Return On Assets of 11.10%. This is amongst the best in the industry. DSY outperforms 88.42% of its industry peers.
The Return On Equity of DSY (19.03%) is better than 78.95% of its industry peers.
DSY has a Return On Invested Capital of 12.80%. This is amongst the best in the industry. DSY outperforms 88.42% of its industry peers.
DSY had an Average Return On Invested Capital over the past 3 years of 9.13%. This is in line with the industry average of 11.01%.
The 3 year average ROIC (9.13%) for DSY is below the current ROIC(12.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.1% | ||
| ROE | 19.03% | ||
| ROIC | 12.81% |
ROA(3y)7.15%
ROA(5y)6.13%
ROE(3y)13.13%
ROE(5y)12.32%
ROIC(3y)9.13%
ROIC(5y)8.14%
1.3 Margins
Looking at the Profit Margin, with a value of 18.80%, DSY belongs to the top of the industry, outperforming 83.16% of the companies in the same industry.
DSY's Profit Margin has improved in the last couple of years.
DSY has a better Operating Margin (21.51%) than 82.11% of its industry peers.
DSY's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 83.51%, DSY belongs to the best of the industry, outperforming 81.05% of the companies in the same industry.
DSY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.51% | ||
| PM (TTM) | 18.8% | ||
| GM | 83.51% |
OM growth 3Y0.8%
OM growth 5Y0.99%
PM growth 3Y6.66%
PM growth 5Y4.75%
GM growth 3Y-0.04%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DSY is still creating some value.
Compared to 1 year ago, DSY has about the same amount of shares outstanding.
Compared to 5 years ago, DSY has more shares outstanding
DSY has a better debt/assets ratio than last year.
2.2 Solvency
DSY has an Altman-Z score of 6.04. This indicates that DSY is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.04, DSY is in the better half of the industry, outperforming 74.74% of the companies in the same industry.
DSY has a debt to FCF ratio of 1.70. This is a very positive value and a sign of high solvency as it would only need 1.70 years to pay back of all of its debts.
The Debt to FCF ratio of DSY (1.70) is better than 73.68% of its industry peers.
DSY has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.27, DSY perfoms like the industry average, outperforming 55.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.7 | ||
| Altman-Z | 6.04 |
ROIC/WACC1.63
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.87 indicates that DSY should not have too much problems paying its short term obligations.
DSY has a Current ratio of 1.87. This is in the better half of the industry: DSY outperforms 75.79% of its industry peers.
DSY has a Quick Ratio of 1.87. This is a normal value and indicates that DSY is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of DSY (1.87) is better than 76.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
DSY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.63%.
Measured over the past years, DSY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.94% on average per year.
The Revenue has been growing slightly by 4.41% in the past year.
The Revenue has been growing by 9.11% on average over the past years. This is quite good.
EPS 1Y (TTM)5.63%
EPS 3Y10.43%
EPS 5Y11.94%
EPS Q2Q%-0.45%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y8.53%
Revenue growth 5Y9.11%
Sales Q2Q%-3.08%
3.2 Future
DSY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.73% yearly.
DSY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.77% yearly.
EPS Next Y7.58%
EPS Next 2Y7.93%
EPS Next 3Y8.96%
EPS Next 5Y7.73%
Revenue Next Year6.64%
Revenue Next 2Y7.22%
Revenue Next 3Y7.73%
Revenue Next 5Y6.77%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.86, which means the current valuation is very expensive for DSY.
75.79% of the companies in the same industry are more expensive than DSY, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.22. DSY is around the same levels.
Based on the Price/Forward Earnings ratio of 22.20, the valuation of DSY can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DSY indicates a somewhat cheap valuation: DSY is cheaper than 70.53% of the companies listed in the same industry.
DSY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.86 | ||
| Fwd PE | 22.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DSY is valued a bit cheaper than the industry average as 66.32% of the companies are valued more expensively.
72.63% of the companies in the same industry are more expensive than DSY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.5 | ||
| EV/EBITDA | 16.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of DSY may justify a higher PE ratio.
PEG (NY)3.41
PEG (5Y)2.17
EPS Next 2Y7.93%
EPS Next 3Y8.96%
5. Dividend
5.1 Amount
With a yearly dividend of 0.81%, DSY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.86, DSY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, DSY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
On average, the dividend of DSY grows each year by 12.07%, which is quite nice.
Dividend Growth(5Y)12.07%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DSY pays out 17.54% of its income as dividend. This is a sustainable payout ratio.
The dividend of DSY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP17.54%
EPS Next 2Y7.93%
EPS Next 3Y8.96%
EPA:DSY (5/2/2025, 7:00:00 PM)
33.36
+0.52 (+1.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners22.33%
Inst Owner ChangeN/A
Ins Owners8.11%
Ins Owner ChangeN/A
Market Cap44.72B
Analysts72.41
Price Target41.74 (25.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend0.23
Dividend Growth(5Y)12.07%
DP17.54%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.65%
Min EPS beat(2)0.55%
Max EPS beat(2)0.75%
EPS beat(4)3
Avg EPS beat(4)0.65%
Min EPS beat(4)-1.81%
Max EPS beat(4)3.1%
EPS beat(8)6
Avg EPS beat(8)0.59%
EPS beat(12)10
Avg EPS beat(12)2.22%
EPS beat(16)14
Avg EPS beat(16)3.9%
Revenue beat(2)0
Avg Revenue beat(2)-1.88%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)-1.28%
Revenue beat(4)0
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)-1.28%
Revenue beat(8)0
Avg Revenue beat(8)-1.85%
Revenue beat(12)4
Avg Revenue beat(12)14.79%
Revenue beat(16)7
Avg Revenue beat(16)22.8%
PT rev (1m)-2.49%
PT rev (3m)5.86%
EPS NQ rev (1m)-0.86%
EPS NQ rev (3m)-1.7%
EPS NY rev (1m)-0.63%
EPS NY rev (3m)0.78%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)-1.16%
Revenue NY rev (1m)-1.44%
Revenue NY rev (3m)-1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.86 | ||
| Fwd PE | 22.2 | ||
| P/S | 4.87 | ||
| P/FCF | 30.5 | ||
| P/OCF | 26.94 | ||
| P/B | 4.93 | ||
| P/tB | 32.42 | ||
| EV/EBITDA | 16.52 |
EPS(TTM)1.29
EY3.87%
EPS(NY)1.5
Fwd EY4.5%
FCF(TTM)1.09
FCFY3.28%
OCF(TTM)1.24
OCFY3.71%
SpS6.85
BVpS6.76
TBVpS1.03
PEG (NY)3.41
PEG (5Y)2.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.1% | ||
| ROE | 19.03% | ||
| ROCE | 16.42% | ||
| ROIC | 12.81% | ||
| ROICexc | 18.74% | ||
| ROICexgc | 191.6% | ||
| OM | 21.51% | ||
| PM (TTM) | 18.8% | ||
| GM | 83.51% | ||
| FCFM | 15.98% |
ROA(3y)7.15%
ROA(5y)6.13%
ROE(3y)13.13%
ROE(5y)12.32%
ROIC(3y)9.13%
ROIC(5y)8.14%
ROICexc(3y)12.89%
ROICexc(5y)11.27%
ROICexgc(3y)474.29%
ROICexgc(5y)N/A
ROCE(3y)11.59%
ROCE(5y)10.24%
ROICexcg growth 3YN/A
ROICexcg growth 5Y11.3%
ROICexc growth 3Y6.08%
ROICexc growth 5Y13.31%
OM growth 3Y0.8%
OM growth 5Y0.99%
PM growth 3Y6.66%
PM growth 5Y4.75%
GM growth 3Y-0.04%
GM growth 5Y-0.14%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.7 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 33.62% | ||
| Cap/Sales | 2.11% | ||
| Interest Coverage | 43.59 | ||
| Cash Conversion | 65.1% | ||
| Profit Quality | 84.97% | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 6.04 |
F-Score6
WACC7.84%
ROIC/WACC1.63
Cap/Depr(3y)27.02%
Cap/Depr(5y)24.11%
Cap/Sales(3y)2.63%
Cap/Sales(5y)2.58%
Profit Quality(3y)135.6%
Profit Quality(5y)165.77%
High Growth Momentum
Growth
EPS 1Y (TTM)5.63%
EPS 3Y10.43%
EPS 5Y11.94%
EPS Q2Q%-0.45%
EPS Next Y7.58%
EPS Next 2Y7.93%
EPS Next 3Y8.96%
EPS Next 5Y7.73%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y8.53%
Revenue growth 5Y9.11%
Sales Q2Q%-3.08%
Revenue Next Year6.64%
Revenue Next 2Y7.22%
Revenue Next 3Y7.73%
Revenue Next 5Y6.77%
EBIT growth 1Y3.97%
EBIT growth 3Y9.4%
EBIT growth 5Y10.19%
EBIT Next Year21.36%
EBIT Next 3Y13.54%
EBIT Next 5Y15.72%
FCF growth 1Y3.28%
FCF growth 3Y-0.96%
FCF growth 5Y6.16%
OCF growth 1Y6.04%
OCF growth 3Y0.95%
OCF growth 5Y6.95%