BSY vs. NBIS: Bentley Systems vs. Nebius Stock Comparison
How do Bentley Systems (BSY) and Nebius (NBIS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Bentley Systems (BSY) and Nebius (NBIS) both belong to the Software industry, though BSY is classified under Application Software while NBIS falls under Systems Software.
| Profile Item | BSY | NBIS |
|---|---|---|
| Name | Bentley Systems, Incorporated Class B Common Stock | Nebius Group N.V. Class A Ordinary Shares |
| Country/Region | United States | Netherlands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Systems Software |
| Market Capitalization | 13.50 billion USD | 35.20 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | September 23, 2020 | October 21, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BSY | NBIS |
|---|---|---|
| Total Return (1Y) | -2.57% | 25.86% |
| Total Return (3Y, Annualized) | -3.01% | -- |
| Total Return (5Y, Annualized) | -5.13% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Nebius (NBIS) carries a highly aggressive beta of 4.66, indicating much higher sensitivity to broad-market moves, whereas Bentley Systems (BSY) is closer to market-like at 0.92 — a noticeable difference in market-sensitivity profile.
| Metric | BSY | NBIS |
|---|---|---|
| Volatility (1Y, Annualized) | 41.49% | 111.62% |
| Beta (5Y) | 0.92 | 4.66 |
| Max Drawdown (5Y) | -53.94% | -58.27% |
| Avg. Volume (3M) | 2.67M | 20.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BSY | NBIS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | 0.19 |
| Sortino Ratio (1Y) | -0.25 | 0.31 |
Profitability
ROE (TTM)
Bentley Systems (BSY) at 26.03% sits in the top ROE quartile, while Nebius (NBIS) at 0.60% is closer to the peer norm — stronger capital efficiency for BSY.
BSY
Software & Services industry group
26.03%
- Max
- 53.85%
- BSY
- 26.03%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
NBIS
Software & Services industry group
0.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- NBIS
- 0.60%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Bentley Systems (BSY) at 19.57% retains a top-quartile share of revenue as profit, ahead of Nebius (NBIS) at 3.13%, which keeps about the industry-typical share.
BSY
Software & Services industry group
19.57%
- Max
- 41.17%
- BSY
- 19.57%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
NBIS
Software & Services industry group
3.13%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- NBIS
- 3.13%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Nebius (NBIS) reports a negative operating margin of -0.22%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Bentley Systems (BSY) reports 29.81%, ranking against industry peers normally.
BSY
Software & Services industry group
29.81%
- Max
- 46.89%
- BSY
- 29.81%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
NBIS
Software & Services industry group
-0.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- NBIS
- -0.22%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | BSY | NBIS |
|---|---|---|
| ROE (TTM) | 26.03% | 0.60% |
| ROA (TTM) | 7.73% | -1.92% |
| Net Margin (TTM) | 19.57% | 3.13% |
| Operating Margin (TTM) | 29.81% | -0.22% |
| Gross Margin (TTM) | 82.37% | 74.26% |
Growth
Revenue Growth
Nebius (NBIS) at 479.02% clears its industry range for revenue growth, far stronger top-line momentum than Bentley Systems (BSY) at 10.99%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Bentley Systems (BSY) reports EPS growth of 18.06%, ranked against its industry; Nebius (NBIS) has no EPS growth figure this period.
Growth Metrics
| Metric | BSY | NBIS |
|---|---|---|
| Revenue Growth (YoY) | 10.99% | 479.02% |
| Revenue Growth (3Y CAGR) | 10.97% | 239.83% |
| EPS Growth (YoY) | 18.06% | -- |
| EPS Growth (3Y CAGR) | 15.62% | -28.68% |
Financial Strength
Current Ratio (MRQ)
Nebius (NBIS) at 4.03 carries current ratio above its industry’s typical mid-range, while Bentley Systems (BSY) at 0.65 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
BSY
Software & Services industry group
0.65
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- BSY
- 0.65
- Min
- 0.03
NBIS
Software & Services industry group
4.03
- Max
- 5.11
- NBIS
- 4.03
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Bentley Systems (BSY) at 0.94 and Nebius (NBIS) at 0.99 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BSY
Software & Services industry group
0.94
- Max
- 2.52
- Q3
- 1.13
- BSY
- 0.94
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
NBIS
Software & Services industry group
0.99
- Max
- 2.52
- Q3
- 1.13
- NBIS
- 0.99
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | BSY | NBIS |
|---|---|---|
| Current Ratio (MRQ) | 0.65 | 4.03 |
| Debt / Equity (MRQ) | 0.94 | 0.99 |
| Net Debt / EBITDA | 2.12 | 8.35 |
Dividends
Dividend Yield (TTM)
Nebius (NBIS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bentley Systems (BSY) reports a yield of 0.62%, ranking against industry peers normally.
BSY
Software & Services industry group
0.62%
- BSY
- 0.62%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nebius (NBIS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bentley Systems (BSY) reports a payout of 27.72%, ranking against industry peers normally.
BSY
Software & Services industry group
27.72%
- BSY
- 27.72%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BSY | NBIS |
|---|---|---|
| Dividend Yield (TTM) | 0.62% | 0.00% |
| Dividend Payout Ratio (TTM) | 27.72% | 0.00% |
Valuation
P/E Ratio (TTM)
Bentley Systems (BSY) at 44.21 is near its industry’s usual P/E ratio, while Nebius (NBIS) at 101.16 sits in the richer quartile — NBIS needs stronger growth or earnings quality to justify the premium.
BSY
Software & Services industry group
44.21
- Max
- 112.94
- Q3
- 60.32
- BSY
- 44.21
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
NBIS
Software & Services industry group
101.16
- Max
- 112.94
- NBIS
- 101.16
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Bentley Systems (BSY) at 8.19 prices around its industry’s typical P/S ratio, while Nebius (NBIS) at 25.98 clears its benchmark range — NBIS looks notably rich on sales.
BSY
Software & Services industry group
8.19
- Max
- 17.91
- Q3
- 8.78
- BSY
- 8.19
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
NBIS
Software & Services industry group
25.98
- NBIS
- 25.98
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Nebius (NBIS) at 3.43 is valued about in line with its industry on P/B ratio, while Bentley Systems (BSY) at 10.79 carries an above-peer premium to book — BSY is pricier on assets.
BSY
Software & Services industry group
10.79
- Max
- 16.63
- BSY
- 10.79
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
NBIS
Software & Services industry group
3.43
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- NBIS
- 3.43
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | BSY | NBIS |
|---|---|---|
| P/E Ratio (TTM) | 44.21 | 101.16 |
| P/S Ratio (TTM) | 8.19 | 25.98 |
| P/B Ratio (MRQ) | 10.79 | 3.43 |
| Free Cash Flow Yield (TTM) | 2.74% | -27.31% |