(DSY) Dassault Systemes SE - Ratings and Ratios
3D Modeling, Collaboration, Simulation, Intelligence Platform
Dividends
| Dividend Yield | 1.09% |
| Yield on Cost 5y | 0.88% |
| Yield CAGR 5y | -24.29% |
| Payout Consistency | 93.2% |
| Payout Ratio | 29.9% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 25.0% |
| Value at Risk 5%th | 38.1% |
| Relative Tail Risk | -7.28% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.19 |
| Alpha | -33.50 |
| CAGR/Max DD | -0.20 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.736 |
| Beta | 0.084 |
| Beta Downside | 0.108 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.49% |
| Mean DD | 20.20% |
| Median DD | 20.49% |
Description: DSY Dassault Systemes SE September 29, 2025
Dassault Systèmes SE (ticker DSY) is a French-based, globally-distributed software vendor that bundles 3-D design, simulation, and collaborative tools into its 3DEXPERIENCE platform. Its flagship applications span solid-mechanical modeling (SOLIDWORKS, CATIA), simulation (SIMULIA, DELMIA), data intelligence (NETVIBES, MEDIDATA), and cloud infrastructure (OUTSCALE), all sold through a mix of direct, indirect, and partner channels.
The firm targets a broad set of verticals-transportation & mobility, aerospace & defense, high-tech, life sciences, energy, construction, consumer goods, and marine/offshore-positioning itself as a one-stop shop for digital-twin and product-lifecycle-management (PLM) needs across the entire innovation ecosystem.
Recent financials (FY 2023) show revenue of €5.6 bn, up 9 % YoY, with subscription-based ARR now representing roughly 55 % of total revenue-a metric that analysts watch as a proxy for recurring cash flow stability. Gross margin stayed near 80 %, reflecting the high-margin nature of software licensing and cloud services, while R&D intensity remained above 15 % of revenue, underscoring continued investment in AI-enabled design tools.
Key macro drivers include accelerating digital-transformation budgets in aerospace and automotive OEMs, the rise of Industry 4.0 initiatives that demand integrated PLM and simulation, and growing regulatory pressure for sustainability reporting-areas where Dassault’s simulation and data-intelligence suites have a competitive edge. A base-rate analysis of the global CAD/PLM market suggests a CAGR of ~8 % through 2028, implying a favorable tailwind for DSY’s addressable market.
For a deeper, data-driven assessment of DSY’s valuation metrics and scenario analysis, you may find the free research tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (1.17b TTM) > 0 and > 6% of Revenue (6% = 378.5m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 0.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 33.57% (prev 43.95%; Δ -10.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 1.65b > Net Income 1.17b (YES >=105%, WARN >=100%) |
| Net Debt (-890.4m) to EBITDA (1.56b) ratio: -0.57 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.55 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.32b) change vs 12m ago -0.51% (target <= -2.0% for YES) |
| Gross Margin 83.69% (prev 80.46%; Δ 3.23pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 44.73% (prev 43.41%; Δ 1.32pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 15.42 (EBITDA TTM 1.56b / Interest Expense TTM 74.0m) >= 6 (WARN >= 3) |
Altman Z'' 4.95
| (A) 0.15 = (Total Current Assets 5.98b - Total Current Liabilities 3.86b) / Total Assets 14.15b |
| (B) 0.57 = Retained Earnings (Balance) 8.01b / Total Assets 14.15b |
| (C) 0.08 = EBIT TTM 1.14b / Avg Total Assets 14.10b |
| (D) 1.50 = Book Value of Equity 8.79b / Total Liabilities 5.84b |
| Total Rating: 4.95 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 76.69
| 1. Piotroski 7.50pt |
| 2. FCF Yield 4.80% |
| 3. FCF Margin 23.35% |
| 4. Debt/Equity 0.37 |
| 5. Debt/Ebitda -0.57 |
| 6. ROIC - WACC (= 2.59)% |
| 7. RoE 13.57% |
| 8. Rev. Trend 60.01% |
| 9. EPS Trend 43.19% |
What is the price of DSY shares?
Over the past week, the price has changed by +0.34%, over one month by -2.09%, over three months by -9.42% and over the past year by -24.77%.
Is DSY a buy, sell or hold?
What are the forecasts/targets for the DSY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 31.9 | 33.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.1 | -7.4% |
DSY Fundamental Data Overview November 27, 2025
Market Cap EUR = 31.54b (31.54b EUR * 1.0 EUR.EUR)
P/E Trailing = 27.5402
P/E Forward = 17.5439
P/S = 4.9993
P/B = 3.7676
P/EG = 2.0398
Beta = 0.604
Revenue TTM = 6.31b EUR
EBIT TTM = 1.14b EUR
EBITDA TTM = 1.56b EUR
Long Term Debt = 1.15b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.44b EUR (from shortLongTermDebt, last quarter)
Debt = 3.06b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -890.4m EUR (from netDebt column, last fiscal year)
Enterprise Value = 30.69b EUR (31.54b + Debt 3.06b - CCE 3.91b)
Interest Coverage Ratio = 15.42 (Ebit TTM 1.14b / Interest Expense TTM 74.0m)
FCF Yield = 4.80% (FCF TTM 1.47b / Enterprise Value 30.69b)
FCF Margin = 23.35% (FCF TTM 1.47b / Revenue TTM 6.31b)
Net Margin = 18.56% (Net Income TTM 1.17b / Revenue TTM 6.31b)
Gross Margin = 83.69% ((Revenue TTM 6.31b - Cost of Revenue TTM 1.03b) / Revenue TTM)
Gross Margin QoQ = 83.77% (prev 82.60%)
Tobins Q-Ratio = 2.17 (Enterprise Value 30.69b / Total Assets 14.15b)
Interest Expense / Debt = 2.42% (Interest Expense 74.0m / Debt 3.06b)
Taxrate = 16.57% (54.2m / 327.0m)
NOPAT = 952.1m (EBIT 1.14b * (1 - 16.57%))
Current Ratio = 1.55 (Total Current Assets 5.98b / Total Current Liabilities 3.86b)
Debt / Equity = 0.37 (Debt 3.06b / totalStockholderEquity, last quarter 8.31b)
Debt / EBITDA = -0.57 (Net Debt -890.4m / EBITDA 1.56b)
Debt / FCF = -0.60 (Net Debt -890.4m / FCF TTM 1.47b)
Total Stockholder Equity = 8.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.28% (Net Income 1.17b / Total Assets 14.15b)
RoE = 13.57% (Net Income TTM 1.17b / Total Stockholder Equity 8.63b)
RoCE = 11.68% (EBIT 1.14b / Capital Employed (Equity 8.63b + L.T.Debt 1.15b))
RoIC = 8.53% (NOPAT 952.1m / Invested Capital 11.16b)
WACC = 5.95% (E(31.54b)/V(34.60b) * Re(6.33%) + D(3.06b)/V(34.60b) * Rd(2.42%) * (1-Tc(0.17)))
Discount Rate = 6.33% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -0.76%
[DCF Debug] Terminal Value 78.55% ; FCFE base≈1.47b ; Y1≈1.49b ; Y5≈1.64b
Fair Price DCF = 21.99 (DCF Value 28.95b / Shares Outstanding 1.32b; 5y FCF grow 1.61% → 3.0% )
EPS Correlation: 43.19 | EPS CAGR: 0.0% | SUE: 0.0 | # QB: 0
Revenue Correlation: 60.01 | Revenue CAGR: 1.76% | SUE: -2.21 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.33 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=1.38 | Chg30d=-0.006 | Revisions Net=-13 | Growth EPS=+4.4% | Growth Revenue=+4.8%