DASSAULT SYSTEMES SE (DSY.PA) Stock Fundamental Analysis
EPA:DSY - Euronext Paris - Matif - FR0014003TT8 - Common Stock - Currency: EUR
DSY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 98 industry peers in the Software industry. While DSY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. DSY has a correct valuation and a medium growth rate.
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.
DSY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DSY's Return On Assets of 11.72% is amongst the best of the industry. DSY outperforms 85.06% of its industry peers.
With an excellent Return On Equity value of 20.62%, DSY belongs to the best of the industry, outperforming 81.61% of the companies in the same industry.
The Return On Invested Capital of DSY (13.22%) is better than 82.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DSY is below the industry average of 11.66%.
The 3 year average ROIC (8.26%) for DSY is below the current ROIC(13.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.72% | ||
| ROE | 20.62% | ||
| ROIC | 13.22% |
ROA(3y)6.39%
ROA(5y)5.48%
ROE(3y)12.88%
ROE(5y)12.03%
ROIC(3y)8.26%
ROIC(5y)7.06%
1.3 Margins
DSY has a Profit Margin of 18.25%. This is in the better half of the industry: DSY outperforms 79.31% of its industry peers.
In the last couple of years the Profit Margin of DSY has grown nicely.
The Operating Margin of DSY (21.56%) is better than 78.16% of its industry peers.
In the last couple of years the Operating Margin of DSY has remained more or less at the same level.
DSY has a better Gross Margin (83.52%) than 77.01% of its industry peers.
In the last couple of years the Gross Margin of DSY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.56% | ||
| PM (TTM) | 18.25% | ||
| GM | 83.52% |
OM growth 3Y10.2%
OM growth 5Y-1.22%
PM growth 3Y16.99%
PM growth 5Y1.52%
GM growth 3Y0.21%
GM growth 5Y-0.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DSY is creating value.
DSY has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, DSY has more shares outstanding
DSY has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of DSY is 1.81, which is an excellent value as it means it would take DSY, only 1.81 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.81, DSY is in the better half of the industry, outperforming 65.52% of the companies in the same industry.
DSY has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
DSY has a Debt to Equity ratio (0.26) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | N/A |
ROIC/WACC1.83
WACC7.22%
2.3 Liquidity
DSY has a Current Ratio of 1.93. This is a normal value and indicates that DSY is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.93, DSY is doing good in the industry, outperforming 71.26% of the companies in the same industry.
DSY has a Quick Ratio of 1.93. This is a normal value and indicates that DSY is financially healthy and should not expect problems in meeting its short term obligations.
DSY has a Quick ratio of 1.93. This is in the better half of the industry: DSY outperforms 73.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.50% over the past year.
DSY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.64% yearly.
Looking at the last year, DSY shows a small growth in Revenue. The Revenue has grown by 5.05% in the last year.
Measured over the past years, DSY shows a quite strong growth in Revenue. The Revenue has been growing by 11.35% on average per year.
EPS 1Y (TTM)7.5%
EPS 3Y16.75%
EPS 5Y14.64%
EPS Q2Q%11.11%
Revenue 1Y (TTM)5.05%
Revenue growth 3Y10.16%
Revenue growth 5Y11.35%
Sales Q2Q%6.74%
3.2 Future
Based on estimates for the next years, DSY will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.05% on average per year.
Based on estimates for the next years, DSY will show a small growth in Revenue. The Revenue will grow by 7.72% on average per year.
EPS Next Y7.29%
EPS Next 2Y7.43%
EPS Next 3Y8.21%
EPS Next 5Y8.05%
Revenue Next Year4.22%
Revenue Next 2Y6.28%
Revenue Next 3Y7.07%
Revenue Next 5Y7.72%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.81, DSY can be considered very expensive at the moment.
Based on the Price/Earnings ratio, DSY is valued a bit cheaper than the industry average as 73.56% of the companies are valued more expensively.
DSY is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.47, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 29.63, which means the current valuation is very expensive for DSY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DSY is on the same level as its industry peers.
DSY is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.81 | ||
| Fwd PE | 29.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DSY is on the same level as its industry peers.
DSY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DSY is cheaper than 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.43 | ||
| EV/EBITDA | 21.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DSY does not grow enough to justify the current Price/Earnings ratio.
DSY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.36
PEG (5Y)2.17
EPS Next 2Y7.43%
EPS Next 3Y8.21%
5. Dividend
5.1 Amount
With a yearly dividend of 0.61%, DSY is not a good candidate for dividend investing.
DSY's Dividend Yield is a higher than the industry average which is at 1.29.
Compared to an average S&P500 Dividend Yield of 2.28, DSY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
The dividend of DSY is nicely growing with an annual growth rate of 48.09%!
Dividend Growth(5Y)48.09%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
18.37% of the earnings are spent on dividend by DSY. This is a low number and sustainable payout ratio.
DSY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP18.37%
EPS Next 2Y7.43%
EPS Next 3Y8.21%
DASSAULT SYSTEMES SE
EPA:DSY (2/5/2025, 5:35:15 PM)
41.03
+0.36 (+0.89%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners21.99%
Inst Owner ChangeN/A
Ins Owners8.11%
Ins Owner ChangeN/A
Market Cap54.92B
Analysts70.71
Price Target39.74 (-3.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend0.21
Dividend Growth(5Y)48.09%
DP18.37%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.53%
Min EPS beat(2)-1.81%
Max EPS beat(2)0.75%
EPS beat(4)2
Avg EPS beat(4)-0.51%
Min EPS beat(4)-4.08%
Max EPS beat(4)3.1%
EPS beat(8)6
Avg EPS beat(8)1.11%
EPS beat(12)10
Avg EPS beat(12)2.4%
EPS beat(16)14
Avg EPS beat(16)4.02%
Revenue beat(2)0
Avg Revenue beat(2)-2.51%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)-2.47%
Revenue beat(4)0
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-2.7%
Max Revenue beat(4)-1.98%
Revenue beat(8)1
Avg Revenue beat(8)9.5%
Revenue beat(12)5
Avg Revenue beat(12)22.13%
Revenue beat(16)8
Avg Revenue beat(16)28.14%
PT rev (1m)0.79%
PT rev (3m)-2.08%
EPS NQ rev (1m)-0.59%
EPS NQ rev (3m)-1.72%
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.01%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)-2.09%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.81 | ||
| Fwd PE | 29.63 | ||
| P/S | 6.08 | ||
| P/FCF | 38.43 | ||
| P/OCF | 33.98 | ||
| P/B | 6.87 | ||
| P/tB | 79.9 | ||
| EV/EBITDA | 21.23 |
EPS(TTM)1.29
EY3.14%
EPS(NY)1.38
Fwd EY3.38%
FCF(TTM)1.07
FCFY2.6%
OCF(TTM)1.21
OCFY2.94%
SpS6.74
BVpS5.97
TBVpS0.51
PEG (NY)4.36
PEG (5Y)2.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.72% | ||
| ROE | 20.62% | ||
| ROCE | 17.4% | ||
| ROIC | 13.22% | ||
| ROICexc | 19.65% | ||
| ROICexgc | 660.41% | ||
| OM | 21.56% | ||
| PM (TTM) | 18.25% | ||
| GM | 83.52% | ||
| FCFM | 15.83% |
ROA(3y)6.39%
ROA(5y)5.48%
ROE(3y)12.88%
ROE(5y)12.03%
ROIC(3y)8.26%
ROIC(5y)7.06%
ROICexc(3y)11.44%
ROICexc(5y)9.44%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.03%
ROCE(5y)9.4%
ROICexcg growth 3Y146.23%
ROICexcg growth 5YN/A
ROICexc growth 3Y26.34%
ROICexc growth 5Y-8.17%
OM growth 3Y10.2%
OM growth 5Y-1.22%
PM growth 3Y16.99%
PM growth 5Y1.52%
GM growth 3Y0.21%
GM growth 5Y-0.38%
F-Score6
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.81 | ||
| Debt/EBITDA | 0.81 | ||
| Cap/Depr | 32.88% | ||
| Cap/Sales | 2.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.28% | ||
| Profit Quality | 86.76% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z | N/A |
F-Score6
WACC7.22%
ROIC/WACC1.83
Cap/Depr(3y)21.98%
Cap/Depr(5y)22.35%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.44%
Profit Quality(3y)159.91%
Profit Quality(5y)176.69%
High Growth Momentum
Growth
EPS 1Y (TTM)7.5%
EPS 3Y16.75%
EPS 5Y14.64%
EPS Q2Q%11.11%
EPS Next Y7.29%
EPS Next 2Y7.43%
EPS Next 3Y8.21%
EPS Next 5Y8.05%
Revenue 1Y (TTM)5.05%
Revenue growth 3Y10.16%
Revenue growth 5Y11.35%
Sales Q2Q%6.74%
Revenue Next Year4.22%
Revenue Next 2Y6.28%
Revenue Next 3Y7.07%
Revenue Next 5Y7.72%
EBIT growth 1Y5.85%
EBIT growth 3Y21.39%
EBIT growth 5Y9.98%
EBIT Next Year9.96%
EBIT Next 3Y10.61%
EBIT Next 5Y12.92%
FCF growth 1Y-5.26%
FCF growth 3Y8.41%
FCF growth 5Y11.44%
OCF growth 1Y-1.73%
OCF growth 3Y8.03%
OCF growth 5Y11.74%