Added to YB: 2026-07-15
Pitch date: 2026-07-12
DSY.PA [neutral]
Dassault Systèmes SE
+0.63%
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 24.0B
Pitch Price
EUR 18.27
Price Target
38.00 (+107%)
Dividend
1.48%
EV/EBITDA
12.31
P/E
19.82
EV/Sales
3.50
Sector
Software
Category
value
Dassault Systèmes (DSY.PA) Notes
DSY.PA (watchlist): Engineering/design software duopoly leader, down 65% from 2021 peak on AI fears (Bezos' Prometheus $18B) & growth slowdown (auto/pharma weakness). 84% GM, 82% recurring rev, moat in 20yr certified data record. Trades 13x EV/FCF vs 30x historical. Model: 7% growth, 24% FCF margin, 24x = €38 PT by 2029 (~24% IRR/2x). But hurdle 30%; needs €15.50 to buy. Pass at €18.23, watchlist at €15.
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