COMP <GO>
BSY vs SPCX // ALTMAN Z-SCORE & DEBT/EQUITY
Bentley Systems Incorporated (NASDAQ) VS. Space Exploration Technologies Corp. (NASDAQ) • 15-METRIC TALLY: BSY 6
— SPCX 7
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: SPCX
LAST: $42.40 (+3.67%) • MKT CAP: $12.36B
balance-sheet
3.64
LAST: $136.37 (+1.23%) • MKT CAP: $1.83T
balance-sheet
26.00
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BSY VS. SPCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BSY | SPCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 81.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 12.40% | 58.30% | -45.90 | SPCX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 34.7x | 14.3x | +20.40 | SPCX | /valuation <GO> |
| Free Cash Flow Yield | 4.34% | 3.99% | +0.35 | BSY | /fcf-yield <GO> |
| Operating Margin | 24.10% | 21.10% | +3.00 | BSY | /operating-margins <GO> |
| Net Profit Margin | 18.50% | 16.40% | +2.10 | BSY | /net-margins <GO> |
| Revenue Growth (YoY) | 11.00% | 20.90% | -9.90 | SPCX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.71% | 0.00% | +0.71 | BSY | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 3.64 | 26.00 | -22.36 | SPCX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | BSY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.6 | 39.5 | +30.10 | BSY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.26 | 1.36 | -0.10 | SPCX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 40.1x | 18.2x | +21.90 | SPCX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $12.36B | $1.83T | -$1.82T | SPCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BSY REV | SPCX REV | BSY GROSS % | SPCX GROSS % | BSY FCF | SPCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.50B | $38.67B | 81.5% | — | $520.2M | $0 |
| FY 2024 | $1.35B | — | 80.9% | — | $421.2M | — |
| FY 2023 | $1.23B | — | — | — | $361.4M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BSY // BETA 1.26
SPCX // BETA 1.36