Added to YB: 2026-04-13
Pitch date: 2026-04-09
DSY.PA [neutral]
Dassault Systèmes SE
+3.39%
current return
Author Info
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Company Info
Dassault Systèmes SE provides software solutions and services worldwide. The company offers 3D modeling applications, such as SOLIDWORKS, CATIA, GEOVIA, and BIOVIA; social and collaborative applications, including 3DEXCITE, CENTRIC PLM, and ENOVIA; and simulation applications comprising SIMULIA, DELMIA, 3DVIA.
Market Cap
EUR 23.2B
Pitch Price
EUR 16.96
Price Target
N/A
Dividend
1.53%
EV/EBITDA
12.96
P/E
19.60
EV/Sales
3.57
Sector
Software
Category
turnaround
Should we (finally) revisit Dassault Systèmes?
DSY.PA (quick overview): French CAD leader transitioning cloud, weighing on near-term growth despite 82-84% recurring rev. Medidata acq ($5.8B, 9x rev) underperforming amid biotech funding slowdown. AI tailwind for complex simulations (aerospace/auto); switching costs high, pricing power strong. Valuation reset: P/E 19 vs historical 100x peak. Needs proof of industrial order recovery & margin improvement to rerate. Passing until organic growth accelerates from current 3-5%.
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