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BSY vs. CDNS: A Head-to-Head Stock Comparison

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Here’s a clear look at BSY and CDNS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolBSYCDNS
Company NameBentley Systems, IncorporatedCadence Design Systems, Inc.
CountryUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS IndustrySoftwareSoftware
Market Capitalization15.46 billion USD95.37 billion USD
ExchangeNasdaqGSNasdaqGS
Listing DateSeptember 23, 2020June 10, 1987
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of BSY and CDNS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BSY vs. CDNS: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolBSYCDNS
5-Day Price Return-9.01%0.79%
13-Week Price Return-9.12%8.39%
26-Week Price Return26.58%40.61%
52-Week Price Return6.62%33.15%
Month-to-Date Return-1.11%-0.36%
Year-to-Date Return9.02%16.49%
10-Day Avg. Volume4.56M1.32M
3-Month Avg. Volume2.00M1.72M
3-Month Volatility28.91%34.80%
Beta1.221.05

Profitability

Return on Equity (TTM)

BSY

23.47%

Software Industry

Max
66.28%
Q3
21.28%
Median
9.33%
Q1
-8.77%
Min
-48.16%

In the upper quartile for the Software industry, BSY’s Return on Equity of 23.47% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

CDNS

21.28%

Software Industry

Max
66.28%
Q3
21.28%
Median
9.33%
Q1
-8.77%
Min
-48.16%

CDNS’s Return on Equity of 21.28% is on par with the norm for the Software industry, indicating its profitability relative to shareholder equity is typical for the sector.

BSY vs. CDNS: A comparison of their Return on Equity (TTM) against the Software industry benchmark.

Net Profit Margin (TTM)

BSY

17.91%

Software Industry

Max
51.92%
Q3
19.23%
Median
6.98%
Q1
-7.14%
Min
-41.00%

BSY’s Net Profit Margin of 17.91% is aligned with the median group of its peers in the Software industry. This indicates its ability to convert revenue into profit is typical for the sector.

CDNS

19.88%

Software Industry

Max
51.92%
Q3
19.23%
Median
6.98%
Q1
-7.14%
Min
-41.00%

A Net Profit Margin of 19.88% places CDNS in the upper quartile for the Software industry, signifying strong profitability and more effective cost management than most of its peers.

BSY vs. CDNS: A comparison of their Net Profit Margin (TTM) against the Software industry benchmark.

Operating Profit Margin (TTM)

BSY

23.22%

Software Industry

Max
60.40%
Q3
21.25%
Median
9.90%
Q1
-4.97%
Min
-43.50%

An Operating Profit Margin of 23.22% places BSY in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

CDNS

30.24%

Software Industry

Max
60.40%
Q3
21.25%
Median
9.90%
Q1
-4.97%
Min
-43.50%

An Operating Profit Margin of 30.24% places CDNS in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

BSY vs. CDNS: A comparison of their Operating Profit Margin (TTM) against the Software industry benchmark.

Profitability at a Glance

SymbolBSYCDNS
Return on Equity (TTM)23.47%21.28%
Return on Assets (TTM)7.47%11.04%
Net Profit Margin (TTM)17.91%19.88%
Operating Profit Margin (TTM)23.22%30.24%
Gross Profit Margin (TTM)81.18%85.57%

Financial Strength

Current Ratio (MRQ)

BSY

0.51

Software Industry

Max
4.29
Q3
2.37
Median
1.40
Q1
1.03
Min
0.25

BSY’s Current Ratio of 0.51 falls into the lower quartile for the Software industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

CDNS

2.82

Software Industry

Max
4.29
Q3
2.37
Median
1.40
Q1
1.03
Min
0.25

CDNS’s Current Ratio of 2.82 is in the upper quartile for the Software industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

BSY vs. CDNS: A comparison of their Current Ratio (MRQ) against the Software industry benchmark.

Debt-to-Equity Ratio (MRQ)

BSY

1.07

Software Industry

Max
2.16
Q3
0.86
Median
0.31
Q1
0.00
Min
0.00

BSY’s leverage is in the upper quartile of the Software industry, with a Debt-to-Equity Ratio of 1.07. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

CDNS

0.50

Software Industry

Max
2.16
Q3
0.86
Median
0.31
Q1
0.00
Min
0.00

CDNS’s Debt-to-Equity Ratio of 0.50 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BSY vs. CDNS: A comparison of their Debt-to-Equity Ratio (MRQ) against the Software industry benchmark.

Interest Coverage Ratio (TTM)

BSY

15.21

Software Industry

Max
89.65
Q3
32.64
Median
1.00
Q1
-9.84
Min
-71.23

BSY’s Interest Coverage Ratio of 15.21 is positioned comfortably within the norm for the Software industry, indicating a standard and healthy capacity to cover its interest payments.

CDNS

39.06

Software Industry

Max
89.65
Q3
32.64
Median
1.00
Q1
-9.84
Min
-71.23

CDNS’s Interest Coverage Ratio of 39.06 is in the upper quartile for the Software industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

BSY vs. CDNS: A comparison of their Interest Coverage Ratio (TTM) against the Software industry benchmark.

Financial Strength at a Glance

SymbolBSYCDNS
Current Ratio (MRQ)0.512.82
Quick Ratio (MRQ)0.442.33
Debt-to-Equity Ratio (MRQ)1.070.50
Interest Coverage Ratio (TTM)15.2139.06

Growth

Revenue Growth

BSY vs. CDNS: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BSY vs. CDNS: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BSY

0.51%

Software Industry

Max
0.22%
Q3
0.11%
Median
0.00%
Q1
0.00%
Min
0.00%

BSY’s Dividend Yield of 0.51% is exceptionally high, placing it well above the typical range for the Software industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.

CDNS

0.00%

Software Industry

Max
0.22%
Q3
0.11%
Median
0.00%
Q1
0.00%
Min
0.00%

CDNS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

BSY vs. CDNS: A comparison of their Dividend Yield (TTM) against the Software industry benchmark.

Dividend Payout Ratio (TTM)

BSY

30.97%

Software Industry

Max
3.29%
Q3
2.41%
Median
0.00%
Q1
0.00%
Min
0.00%

At 30.97%, BSY’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Software industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

CDNS

0.00%

Software Industry

Max
3.29%
Q3
2.41%
Median
0.00%
Q1
0.00%
Min
0.00%

CDNS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

BSY vs. CDNS: A comparison of their Dividend Payout Ratio (TTM) against the Software industry benchmark.

Dividend at a Glance

SymbolBSYCDNS
Dividend Yield (TTM)0.51%0.00%
Dividend Payout Ratio (TTM)30.97%0.00%

Valuation

Price-to-Earnings Ratio (TTM)

BSY

60.44

Software Industry

Max
145.74
Q3
94.88
Median
45.35
Q1
26.66
Min
8.80

BSY’s P/E Ratio of 60.44 is within the middle range for the Software industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CDNS

94.22

Software Industry

Max
145.74
Q3
94.88
Median
45.35
Q1
26.66
Min
8.80

CDNS’s P/E Ratio of 94.22 is within the middle range for the Software industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

BSY vs. CDNS: A comparison of their Price-to-Earnings Ratio (TTM) against the Software industry benchmark.

Price-to-Sales Ratio (TTM)

BSY

10.83

Software Industry

Max
25.67
Q3
13.68
Median
8.28
Q1
4.95
Min
0.90

BSY’s P/S Ratio of 10.83 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

CDNS

18.73

Software Industry

Max
25.67
Q3
13.68
Median
8.28
Q1
4.95
Min
0.90

CDNS’s P/S Ratio of 18.73 is in the upper echelon for the Software industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

BSY vs. CDNS: A comparison of their Price-to-Sales Ratio (TTM) against the Software industry benchmark.

Price-to-Book Ratio (MRQ)

BSY

14.09

Software Industry

Max
30.67
Q3
14.92
Median
8.52
Q1
3.89
Min
0.38

BSY’s P/B Ratio of 14.09 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CDNS

16.81

Software Industry

Max
30.67
Q3
14.92
Median
8.52
Q1
3.89
Min
0.38

CDNS’s P/B Ratio of 16.81 is in the upper tier for the Software industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

BSY vs. CDNS: A comparison of their Price-to-Book Ratio (MRQ) against the Software industry benchmark.

Valuation at a Glance

SymbolBSYCDNS
Price-to-Earnings Ratio (TTM)60.4494.22
Price-to-Sales Ratio (TTM)10.8318.73
Price-to-Book Ratio (MRQ)14.0916.81
Price-to-Free Cash Flow Ratio (TTM)35.4460.15