Bentley SystemsMEX:BSY 77 EV-to-FCF is 21.28 as of Jul. 06, 2026, which is 55% below its 10-year median of 47.82. GuruFocus rates MEX:BSY with a GF Score™ of 77/100 and a GF Value™ of MXN1,286.60. The stock has 1 warning sign investors should review. Among 1,591 Software companies, Bentley Systems ranks worse than 65.68% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Bentley Systems's Enterprise Value is MXN190,274 Mil.
Bentley Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN8,943 Mil. Therefore, Bentley Systems's EV-to-FCF for today is 21.28.
The historical rank and industry rank for Bentley Systems's EV-to-FCF or its related term are showing as below:
MEX:BSY'
s EV-to-FCF Range Over the Past 10 Years
Min: 21.39 Med: 47.82 Max: 90.78
Current: 22.09
During the past 8 years, the highest EV-to-FCF of Bentley Systems was 90.78. The lowest was 21.39. And the median was 47.82.
MEX:BSY's EV-to-FCF is ranked worse than 65.68% of 1591
companies
in the Software industry
Industry Median: 14.6
vs MEX:BSY: 22.09
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Bentley Systems's PE Ratio (TTM) for today is calculated as:
Bentley Systems's share price for today is MXN656.22.
Bentley Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN16.094.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Bentley Systems EV-to-FCF Related Terms
Bentley Systems EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Bentley Systems's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Bentley Systems's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bentley Systems EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Bentley Systems's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Bentley Systems's EV-to-FCF falls into.
Bentley Systems's current Enterprise Value is MXN190,274 Mil.
Bentley Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN8,943 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bentley Systems (MEX:BSY) has a EV-to-FCF of 21.28 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bentley Systems and its competitors. This is 55% below median its historical median of 47.82. Over the past decade, Bentley Systems' EV-to-FCF has ranged from 21.39 to 90.78. According to the industry distribution chart, Bentley Systems ranks #1045 out of 1591 companies in the Software industry, placing it in the top 65.7%.
Is Bentley Systems' EV-to-FCF too high?
Bentley Systems' current EV-to-FCF of 21.28 is 55% below median its 10-year median of 47.82. Over the past 10 years, this metric has ranged from a low of 21.39 to a high of 90.78. The Software industry median EV-to-FCF is 14.60. Bentley Systems' value of 21.28 is 45.8% above this industry median. Based on the distribution chart, Bentley Systems ranks #1045 out of 1591 companies in the Software industry, which is below the industry midpoint. Overall, Bentley Systems has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' EV-to-FCF compare to HUBS and DOCU?
According to the Software industry distribution chart, Bentley Systems ranks #1045 out of 1591 companies for EV-to-FCF. This places Bentley Systems in the lower half of its industry. The industry median EV-to-FCF is 14.60. Bentley Systems' value of 21.28 is 45.8% above this benchmark. Historically, Bentley Systems' own EV-to-FCF has ranged from 21.39 to 90.78 over the past decade. While the company's 10-year median is 47.82 vs. the industry median of 14.60, Bentley Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.60, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bentley Systems's current EV-to-FCF of 21.28 is 45.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bentley Systems and its competitors. For the Software industry, the median EV-to-FCF is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bentley Systems's current EV-to-FCF is 21.28, which is 55% below median its own 10-year median of 47.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bentley Systems stock overvalued right now?
Bentley Systems (MEX:BSY) has a current EV-to-FCF of 21.28. The stock's GF Value™ is MXN1,286.60, compared to a current price of MXN656.22 — trading 49% below its estimated fair value. The current EV-to-FCF is 21.28, which is 55% below median its 10-year median of 47.82 and 45.8% above the Software industry median of 14.60. Bentley Systems' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current EV-to-FCF is 21.28 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bentley Systems (MEX:BSY) Overvalued in 2026?
Based on GuruFocus' analysis, Bentley Systems stock appears to be undervalued.
The current stock price of MXN656.22 is trading 49% below its estimated GF Value™ of MXN1,286.60.
Key valuation signals for MEX:BSY:
EV-to-FCF: 21.28 (55% below median its 10-year median of 47.82)
GF Value™: MXN1,286.60 vs. price of MXN656.22 (49% below fair value)
Industry Position: 45.8% above the Software median (#1045 of 1591)
No single metric tells the full story. See the MEX:BSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bentley Systems is a software vendor that caters to civil engineers, constructors, and geospatial professionals by enabling design, simulation, and data management of infrastructure assets such as roads and bridges. While Bentley is smaller than many other design software companies, it is a market leader across a handful of specialty areas, including public works, electricity grids, and transit.
77GF Score
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