At this time, it appears that Bentley Systems' Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized
Piotroski F-Score model, we still consider it an effective method of
predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
8.0
Piotroski F Score - Strong
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| Long Term Debt Over Assets Change | Lower Leverage| Focus | |
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Bentley Systems Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Bentley Systems is to make sure Bentley is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bentley Systems' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Bentley Systems' financial numbers are properly reported.
Bentley Systems F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Bentley Systems' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bentley Systems in a much-optimized way.
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About Bentley Systems Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled
Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Bentley Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bentley Systems from analyzing Bentley Systems' financial statements. These drivers represent accounts that assess Bentley Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bentley Systems' important valuation drivers and their relationship over time.
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
| Enterprise Value | | 8.9B | 11.9B | 15.9B | 13.2B | 17.8B | 10.2B |
Bentley Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bentley Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bentley Systems' managers, analysts, and investors.
About Bentley Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bentley Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bentley Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Bentley Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
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Additional Tools for Bentley Stock Analysis
When running Bentley Systems' price analysis, check to
measure Bentley Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bentley Systems is operating at the current time. Most of Bentley Systems' value examination focuses on studying past and present price action to
predict the probability of Bentley Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley Systems' price. Additionally, you may evaluate how the addition of Bentley Systems to your portfolios can decrease your overall portfolio volatility.