Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Bentley Systems does not have enough data to calculate 10-Year ROIIC %.
Bentley Systems (MEX:BSY) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Bentley Systems 10-Year ROIIC % Related Terms
Bentley Systems 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bentley Systems's 10-Year ROIIC % 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.
MEX:BSY vs DOCU, FROG, MANH: 10-Year ROIIC % Comparison
For the Software - Application subindustry, Bentley Systems's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Bentley Systems's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bentley Systems's 10-Year ROIIC % falls into.
Bentley Systems's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 5170.5091155 (Dec. 2025) - (Dec. 2015) )
/
( 69542.605 (Dec. 2025) - (Dec. 2015) )
=
/
=
N/A%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Bentley Systems (MEX:BSY) has a 10-Year ROIIC % of 3.05 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Bentley Systems and its competitors. According to the industry distribution chart, Bentley Systems ranks #1131 out of 2123 companies in the Software industry, placing it in the top 53.3%.
Is Bentley Systems' 10-Year ROIIC % too high?
Bentley Systems' current 10-Year ROIIC % is 3.05. The Software industry median 10-Year ROIIC % is 4.26. Bentley Systems' value of 3.05 is 28.4% below this industry median. Based on the distribution chart, Bentley Systems ranks #1131 out of 2123 companies in the Software industry, which is below the industry midpoint. Overall, Bentley Systems has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' 10-Year ROIIC % compare to DOCU and FROG?
According to the Software industry distribution chart, Bentley Systems ranks #1131 out of 2123 companies for 10-Year ROIIC %. This places Bentley Systems in the lower half of its industry. The industry median 10-Year ROIIC % is 4.26. Bentley Systems' value of 3.05 is 28.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.26, based on 2,123 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bentley Systems's current 10-Year ROIIC % of 3.05 is 28.4% below 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Bentley Systems and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bentley Systems's current 10-Year ROIIC % is 3.05. 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 10-Year ROIIC % of 3.05. The stock's GF Value™ is MXN1,332.91, compared to a current price of MXN656.22 — trading 50.8% below its estimated fair value. The current 10-Year ROIIC % is 3.05 and 28.4% below the Software industry median of 4.26. Bentley Systems' overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current 10-Year ROIIC % is 3.05 as of Dec. 2025. 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 50.8% below its estimated GF Value™ of MXN1,332.91.
Key valuation signals for MEX:BSY:
10-Year ROIIC %: 3.05
GF Value™: MXN1,332.91 vs. price of MXN656.22 (50.8% below fair value)
Industry Position: 28.4% below the Software median (#1131 of 2123)
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.
72GF Score
Get the complete analysis for MEX:BSY
10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:BSY has been successfully added to your 
