Bentley Systems (MEX:BSY) Goodwill: MXN44,626 Mil (As of Mar. 2026)


MEX:BSY Bentley Systems Inc MEX:BSY
72 GF Score
Price MXN656.22
GF Value MXN1,391.49
! 2 Warning Signs
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What is Bentley Systems Goodwill?

Bentley Systems MEX:BSY 72 Goodwill is MXN44,626 Mil as of Mar. 2026. GuruFocus rates MEX:BSY with a GF Score™ of 72/100 and a GF Value™ of MXN1,391.49. The stock has 2 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Bentley Systems's goodwill for the quarter that ended in Mar. 2026 was MXN44,626 Mil.


Bentley Systems  (MEX:BSY) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Bentley Systems's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=44692.92/64013.27
=0.70

Bentley Systems's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=44626.352/63542.096
=0.70

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Bentley Systems Goodwill Related Terms


Bentley Systems Goodwill Historical Data

* Premium members only.

The historical data trend for Bentley Systems's Goodwill 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.

Bentley Systems Goodwill Chart

Bentley Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial 32,586.02 43,616.14 38,520.27 49,369.18 44,692.92

Bentley Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48,700.62 45,506.69 44,215.17 44,692.92 44,626.35
MEX:BSY
72GF Score
Bentley Systems Inc MEX:BSY
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Bentley Systems Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of MXN44,626 Mil mean?
Bentley Systems (MEX:BSY) has a Goodwill of MXN44,626 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Bentley Systems and its competitors.
Is Bentley Systems' Goodwill too high?
Bentley Systems' current Goodwill is MXN44,626 Mil. Overall, Bentley Systems has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' Goodwill compare to HUBS and DOCU?
Bentley Systems' Goodwill of MXN44,626 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Software company?
A good Goodwill depends on the Software industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Bentley Systems and its competitors. Bentley Systems's current Goodwill is MXN44,626 Mil. 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 Goodwill of MXN44,626 Mil. The stock's GF Value™ is MXN1,391.49, compared to a current price of MXN656.22 — trading 52.8% below its estimated fair value. The current Goodwill is MXN44,626 Mil. Bentley Systems' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current Goodwill is MXN44,626 Mil as of Mar. 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 52.8% below its estimated GF Value™ of MXN1,391.49.

Key valuation signals for MEX:BSY:

  • Goodwill: MXN44,626 Mil
  • GF Value™: MXN1,391.49 vs. price of MXN656.22 (52.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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 Business Description

Address 685 Stockton Drive, Exton, PA, USA, 19341
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.
72GF Score

Get the complete analysis for MEX:BSY

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN656.22
Price
MXN1,391.49
GF Value