Bentley Systems, Incorporated (BSY) vs InterDigital, Inc. (IDCC)

Bentley Systems, Incorporated and InterDigital, Inc. are both Software Application companies. Bentley Systems, Incorporated is the larger, with a market value of $9.7B against $8.5B — 1.1× the size. InterDigital, Inc. trades at the lower P/E: 28.5× against 33.8×. Bentley Systems, Incorporated grew revenue faster over the last twelve months: 12.9% against −11.7%. InterDigital, Inc. has the higher net margin (38.3% vs 18.1%) and the higher return on invested capital (45.0% vs 10.4%). Both pay a dividend; InterDigital, Inc. yields more (1.38% vs 0.24%). Across the 23 metrics below, InterDigital, Inc. leads on 17 and Bentley Systems, Incorporated on 6.

Valuation

Metric BSY IDCC Software Application median
P/E 33.81 28.49 24.79
P/S 6.12 10.95 2.67
P/B 8.16 7.18 3.01
Price to free cash flow 19.66 23.25 16.59
EV/EBITDA 24.13 18.67 14.40
EV/Sales 6.79 10.03 2.62
Earnings yield 2.96% 3.51% 0.00%
Free cash flow yield 5.09% 4.30% 1.91%

Profitability

Metric BSY IDCC Software Application median
Gross margin 81.84% 100.00% 67.03%
Operating margin 23.59% 43.77% 0.00%
Net margin 18.10% 38.32% 0.00%
Free cash flow margin 31.12% 62.98% 4.32%
Return on equity 24.53% 26.40% 0.00%
Return on assets 8.28% 14.47% 0.00%
Return on invested capital 10.39% 45.04% 0.00%

Growth

Metric BSY IDCC Software Application median
Revenue growth (TTM) 12.85% (11.66%) 12.40%
EPS growth (last fiscal year) 15.83% (2.24%) —
Revenue growth, 5-year CAGR 13.38% 18.36% 13.72%
Net income growth, 5-year CAGR 17.08% 55.45% 0.00%

Health

Metric BSY IDCC Software Application median
Debt to equity 1.01 0.32 0.02
Current ratio 0.59 1.74 1.55
Net debt to EBITDA 2.58 (1.43) 0.06

Dividend

Metric BSY IDCC Software Application median
Dividend yield 0.24% 1.38% 1.25%
Payout ratio 0.33 0.22 0.00

Size

Metric BSY IDCC Software Application median
Market cap 9.73b 8.47b 396.11m

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