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BSY vs FORM

BSY
Bentley Systems, Incorporated
NEUTRAL
Price
$34.35
Market Cap
$10.43B
Sector
Technology
AI Confidence
85%
FORM
FormFactor, Inc.
BEARISH
Price
$121.07
Market Cap
$9.44B
Sector
Technology
AI Confidence
85%

Valuation

P/E Ratio
BSY
40.41
FORM
178.04
Forward P/E
BSY
21.82
FORM
54.26
P/B Ratio
BSY
9.04
FORM
9.08
P/S Ratio
BSY
6.94
FORM
12.02
EV/EBITDA
BSY
28.17
FORM
91.61

Profitability

Gross Margin
BSY
81.52%
FORM
39.18%
Operating Margin
BSY
20.67%
FORM
13.55%
Profit Margin
BSY
18.5%
FORM
6.93%
ROE
BSY
24.91%
FORM
5.48%
ROA
BSY
6.65%
FORM
3.31%

Growth

Revenue Growth
BSY
11.9%
FORM
13.6%
Earnings Growth
BSY
16.9%
FORM
131.8%

Financial Health

Debt/Equity
BSY
1.08
FORM
0.03
Current Ratio
BSY
0.56
FORM
4.5
Quick Ratio
BSY
0.48
FORM
3.25

Dividends

Dividend Yield
BSY
0.8%
FORM
--
Payout Ratio
BSY
32.94%
FORM
0.0%

AI Verdict

BSY NEUTRAL

BSY shows neutral fundamentals based on deterministic rules. Financial strength is stable (F-Score 4/9). Mixed signals with both opportunities and risks present.

Strengths
Strong ROE of 24.9%
Risks
High valuation with P/E of 40.4
Premium vs Graham Number ($8.52)
FORM BEARISH

FormFactor exhibits exceptional operational health with a Piotroski F-Score of 8/9 and a negligible debt-to-equity ratio of 0.03. However, the stock is currently experiencing a severe valuation disconnect, trading at $121.07—nearly 6x its growth-based intrinsic value ($20.06) and significantly above the analyst target price of $86.89. While earnings growth is explosive (131.8% YoY), the P/E ratio of 178.04 is unsustainable. The combination of aggressive insider selling and a bearish technical trend suggests the current price is driven by momentum rather than fundamental value.

Strengths
Strong operational health (Piotroski F-Score 8/9)
Exceptional liquidity with a Current Ratio of 4.50
Minimal leverage (Debt/Equity 0.03)
Risks
Extreme overvaluation (P/E 178.04, P/S 12.02)
Significant gap between current price ($121.07) and Intrinsic Value ($20.06)
Bearish insider sentiment with 15 sell transactions and 0 buys

Compare Another Pair

BSY vs FORM: Head-to-Head Comparison

This page compares Bentley Systems, Incorporated (BSY) and FormFactor, Inc. (FORM) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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