BSY vs AYI vs PTC Stock Comparison

Bentley Systems, Acuity Inc. (De) and Ptc Prices as of Oct 27, 2026 Peers: Industry group
BSY Bentley Systems Inc
$39.32 +25.1% 1M -24.7% 1Y
Market cap
$11.87B
P/E
42.3x
Revenue (TTM)
$1.60B
Div. yield
0.71%
Construction Software Technology
1 win
AYI Acuity Inc. (De)
$323.34 +1.2% 1M -12.7% 1Y
Market cap
$9.60B
P/E
18.5x
Revenue (TTM)
$4.64B
Div. yield
0.25%
Building Products Industrials
5 wins
PTC Ptc Inc.
$194.62 +40.9% 1M -4.3% 1Y
Market cap
$21.55B
P/E
18.2x
Revenue (TTM)
$2.95B
Div. yield
–
Construction Software Technology
6 wins

Head to Head

12 decided of 12

Ptc leads on 6 of the 12 questions below (Ptc 6, Acuity Inc. (De) 5, Bentley Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBSYAYIPTCLeader
Larger companyMarket capitalisation $11.87B $9.60B $21.55B PTC
Cheaper on earningsLower P/E, profitable companies only 42.3x 18.5x 18.2x PTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.1x 16.2x 25.5x AYI
Faster revenue growthRevenue growth, trailing twelve months +12.8% +6.8% +19.5% PTC
More profitableNet margin, trailing twelve months 18.1% 11.4% 41.4% PTC
Better return on capitalReturn on invested capital 12.3% 15.4% 18.0% PTC
Less leveragedLower net debt / EBITDA 2.4x 0.1x 0.9x AYI
Higher dividend yieldTrailing dividend yield 0.71% 0.25% — BSY
Better 1-year returnPrice return, last 12 months -24.7% -12.7% -4.3% PTC
Better 5-year returnAnnualised price return, 5 years -7.8%/yr +9.2%/yr +8.9%/yr AYI
Less volatileAnnualised volatility, 1 year 41.1% 38.0% 46.6% AYI
Higher overall scoreMean of the five percentile scores vs peers 50/100 81/100 75/100 AYI

Percentile Scorecard

BSYAYIPTC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBSYAYIPTC
Valuation 41 #53 of 89 73 #16 of 56 59 #37 of 89
Growth 51 #40 of 81 82 #10 of 52 84 #14 of 81
Profitability 91 #8 of 76 79 #11 of 49 96 #4 of 76
Financial Health 23 #73 of 94 87 #8 of 56 58 #40 of 94
Shareholder Returns 44 #29 of 51 83 #8 of 41 80 #11 of 51
Overall 50 81 75
  • BSY ranked among 98 companies in Vertical Software
  • AYI ranked among 60 companies in Construction Products
  • PTC ranked among 98 companies in Vertical Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBSYAYIPTCSPY
1 month +25.1%+1.2%+40.9% -0.2%
3 months +9.7%-6.1%+52.6% +3.9%
6 months +21.7%+13.4%+41.9% +8.2%
Year to date +3.0%-10.2%+11.7% +12.9%
1 year -24.7%-12.7%-4.3% +12.3%
3 years -18.6%+104.2%+43.0% +87.4%
3 years, per year -6.7%+26.9%+12.7% +23.3%
5 years -33.5%+55.4%+53.4% +67.9%
5 years, per year -7.8%+9.2%+8.9% +10.9%
10 years —+43.2%+326.9% +261.1%
10 years, per year —+3.7%+15.6% +13.7%

Risk

MeasureBSYAYIPTCSPY
Volatility, 1Y 41.1%38.0%46.6% 12.7%
Downside volatility, 1Y 39.5%41.6%40.4% 12.7%
Beta vs S&P 500, 1Y 0.401.400.53 1.00
Return / volatility, 1Y -0.60-0.34-0.09 0.97
Max drawdown, 5Y -54.2%-34.7%-48.1% -25.4%
From 52-week high -24.7%-14.2%-4.3% -1.2%
52-week high $52.20$376.69$203.28 $779.14
52-week low $28.42$257.79$112.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBSYAYIPTC
P/E now vs peer median 42.3xmedian 40.1x 18.5xmedian 20.1x 18.2xmedian 40.1x
P/S now vs peer median 7.4xmedian 2.5x 2.1xmedian 1.5x 7.3xmedian 2.5x
EV/EBITDA now vs peer median 28.7xmedian 18.5x 11.1xmedian 11.8x 18.6xmedian 18.5x
P/FCF now vs peer median 23.8xmedian 20.1x 12.8xmedian 16.2x 23.0xmedian 20.1x
P/B now vs peer median 9.9xmedian 1.8x 3.2xmedian 2.9x 6.2xmedian 1.8x
PEG now vs peer median 1.73median 1.73 1.11median 0.99 0.30median 1.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBSYAYIPTC
Revenue $1.60B $4.64B $2.95B
Gross profit $1.31B $2.35B $2.50B
Operating income $377.88M $713.70M $1.12B
Net income $289.97M $531.30M $1.22B
Free cash flow $498.50M $747.90M $935.48M
R&D $324.84M – $474.33M
EPS (diluted) $0.91 $17.06 $10.64
Cash & equivalents $146.98M $636.30M $351.45M
Total debt $1.22B $697.40M $1.42B
Shares (diluted) 318.96M 31.15M 114.98M
Enterprise value $11.33B $7.90B $20.36B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBSYAYIPTC
P/E 42.3x 18.5x 18.2x
P/FCF 23.8x 12.8x 23.0x
P/Operating cash flow 22.7x 11.6x 22.6x
P/S 7.4x 2.1x 7.3x
P/B 9.9x 3.2x 6.2x
P/Tangible book 11.5x 4.9x 8.0x
EV/EBITDA 28.7x 11.1x 18.6x
EV/EBIT 34.2x 13.5x 20.3x
EV/Revenue 8.1x 2.1x 7.7x
EV/FCF 26.0x 12.9x 24.2x
EV/Operating cash flow 24.7x 11.7x 23.7x
PEG (3Y EPS CAGR) 1.73 1.11 0.30

Growth

14 metrics
MetricBSYAYIPTC
Revenue growth (1Y) 12.8% 6.8% 19.5%
Revenue CAGR (3Y) 11.2% 5.5% 12.8%
Gross profit growth (1Y) 13.8% 13.1% 22.9%
Gross profit CAGR (3Y) 12.9% 11.1% 15.1%
Operating income growth (1Y) 14.6% 26.6% 50.4%
Operating income CAGR (3Y) 20.6% 14.7% 32.2%
Net income growth (1Y) 14.0% 34.0% 138.7%
Net income CAGR (3Y) 22.7% 15.4% 58.6%
EPS growth (1Y) 19.0% 36.1% 150.1%
EPS CAGR (3Y) 24.4% 16.6% 60.6%
Operating cash flow growth (1Y) 16.7% 37.3% 10.9%
Operating cash flow CAGR (3Y) 13.0% 12.6% 16.8%
Free cash flow growth (1Y) 14.9% 40.3% 10.1%
Free cash flow CAGR (3Y) 13.7% 13.5% 17.8%

Profitability

14 metrics
MetricBSYAYIPTC
Gross margin 81.8% 50.6% 84.5%
EBITDA margin 28.1% 18.7% 41.2%
Operating margin 23.6% 15.4% 37.8%
Pretax margin 23.3% 14.7% 51.8%
Net margin 18.1% 11.4% 41.4%
FCF margin 31.1% 16.1% 31.7%
Operating cash flow margin 32.6% 17.8% 32.3%
Return on equity 23.9% 18.2% 33.4%
Return on assets 8.2% 11.2% 18.8%
Return on invested capital 12.3% 15.4% 18.0%
Return on capital employed 14.7% 19.5% 21.5%
Asset turnover 0.5x 1.0x 0.5x
Cash conversion (OCF / net income) 1.8x 1.6x 0.8x
Stock comp / revenue 4.9% 1.1% 8.1%

Financial Health

11 metrics
MetricBSYAYIPTC
Debt / assets 34.0% 14.3% 21.9%
Debt / equity 1.0x 0.2x 0.4x
Net debt / EBITDA 2.4x 0.1x 0.9x
Debt / FCF 2.4x 0.9x 1.5x
Liabilities / assets 66.5% 39.0% 46.7%
Equity / assets 33.5% 61.0% 53.3%
Interest coverage – – 17.1x
Current ratio 0.6x 1.7x 1.0x
Quick ratio 0.1x 1.2x 0.9x
Cash ratio 0.1x 0.6x 0.3x
Altman Z-score 3.63 6.03 5.91

Shareholder Returns

7 metrics
MetricBSYAYIPTC
Dividend yield 0.7% 0.2% –
Net buyback yield 1.6% 2.9% 6.4%
Shareholder yield 2.3% 3.2% 6.4%
Payout ratio (earnings) – 4.5% –
Payout ratio (FCF) – 3.2% –
Dividend growth (1Y) – 15.5% –
Dividend CAGR (3Y) – 12.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBSYAYIPTC
Forward P/E 27.1xFY2026 16.2xFY2027 25.5xFY2026
EPS, next fiscal year $1.45FY2026 $20.01FY2027 $7.62FY2026
EPS growth, next FY +19.8%FY2026 +0.6%FY2027 -4.7%FY2026
EPS growth, the year after +3.4% +21.7% +11.9%
Revenue, next fiscal year $1.79BFY2026 $4.68BFY2027 $2.85BFY2026
Revenue growth, next FY +19.2%FY2026 +0.9%FY2027 +4.0%FY2026
Revenue growth, the year after +10.2% +14.4% -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBSYAYIPTC
Held by institutions 53.9% 99.2% 97.3%
Institutions holding 396 631 681
Change in shares held, QoQ +3.8% +4.1% -1.5%
Institutions buying 195 330 340
Institutions selling 160 190 280
Buyers to sellers 1.22 1.74 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BSYAYIPTC
BSY 1.00 0.05 0.61
AYI 0.05 1.00 -0.01
PTC 0.61 -0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BSY, AYI and PTC?

Ptc (PTC) is the largest by market capitalisation: Bentley Systems (BSY) $11.87B, Acuity Inc. (De) (AYI) $9.60B, Ptc (PTC) $21.55B.

Which stock is cheaper, BSY, AYI and PTC?

Ptc (PTC) trades on the lowest price-to-earnings ratio (Bentley Systems (BSY) 42.3x, Acuity Inc. (De) (AYI) 18.5x, Ptc (PTC) 18.2x). On next year's consensus earnings, Acuity Inc. (De) (AYI) is cheapest (Bentley Systems (BSY) 27.1x, Acuity Inc. (De) (AYI) 16.2x, Ptc (PTC) 25.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ptc (PTC) grew revenue fastest over the trailing twelve months: Bentley Systems (BSY) +12.8%, Acuity Inc. (De) (AYI) +6.8%, Ptc (PTC) +19.5%.

Which company is more profitable?

Ptc (PTC) has the highest net margin (Bentley Systems (BSY) 18.1%, Acuity Inc. (De) (AYI) 11.4%, Ptc (PTC) 41.4%). On return on invested capital, Ptc (PTC) leads (Bentley Systems (BSY) 12.3%, Acuity Inc. (De) (AYI) 15.4%, Ptc (PTC) 18.0%).

Which stock has performed better?

Over the past year Ptc (PTC) returned the most: Bentley Systems (BSY) -24.7%, Acuity Inc. (De) (AYI) -12.7%, Ptc (PTC) -4.3%. Over five years, Acuity Inc. (De) (AYI) compounded fastest (Bentley Systems (BSY) -7.8%/yr, Acuity Inc. (De) (AYI) +9.2%/yr, Ptc (PTC) +8.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bentley Systems (BSY) has the highest dividend yield: Bentley Systems (BSY) 0.71%, Acuity Inc. (De) (AYI) 0.25%. Ptc (PTC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Acuity Inc. (De) (AYI) has been the steadiest (Bentley Systems (BSY) 41.1%, Acuity Inc. (De) (AYI) 38.0%, Ptc (PTC) 46.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BSY, AYI and PTC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ptc (PTC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.