Financials Dassault Systèmes SE

Equities

DSY

FR0014003TT8

Software

Market Closed - Euronext Paris Other stock markets 16:35:22 17/06/2025 BST			After hours 17:02:46
31.67 ^EUR	-1.37%		31.73	+0.19%

06-12	Dassault Systèmes Will Showcase How its 3D UNIV+RSES Are Transforming Design, Production and Operations to Shape the Future of the Aerospace and Defense Industry	CI
06-10	AlphaValue/Baader Europe Cuts Dassault Systèmes EPS Forecasts	MT

Projected Income Statement: Dassault Systèmes SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,465	4,862	5,666	5,951	6,214	6,556	7,033	7,569
Change	-	8.89%	16.53%	5.05%	4.41%	5.51%	7.28%	7.61%
EBITDA ¹	1,529	1,846	2,076	2,108	2,176	2,337	2,560	2,795
Change	-	20.71%	12.49%	1.54%	3.21%	7.44%	9.54%	9.18%
EBIT ¹	1,350	1,666	1,892	1,926	1,984	2,119	2,311	2,538
Change	-	23.44%	13.55%	1.78%	3.02%	6.84%	9.06%	9.79%
Interest Paid ¹	-23.4	-15.1	2.8	59	118.4	-4	-4	-4
Earnings before Tax (EBT) ¹	646.3	1,004	1,306	1,301	1,478	1,594	1,796	2,022
Change	-	55.39%	30%	-0.36%	13.61%	7.86%	12.64%	12.59%
Net income ¹	491	773.7	931.5	1,051	1,200	1,281	1,454	1,660
Change	-	57.58%	20.4%	12.82%	14.21%	6.76%	13.5%	14.16%
Announcement Date	04/02/21	03/02/22	02/02/23	01/02/24	04/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	1,144	1,071	1,030	1,220	1,174	1,162	1,159	1,368	1,325	1,384	1,373	1,584	1,434	1,449	1,425	1,643	1,500	1,496	1,464	1,754	1,573	1,547	1,559	1,842	1,678	1,685	1,706	2,013
Change	-	-6.45%	-3.77%	18.38%	-3.77%	-1.03%	-0.23%	18.04%	-3.17%	4.48%	-0.79%	15.36%	-9.45%	1.04%	-1.68%	15.35%	-8.74%	-0.26%	-2.13%	19.83%	-10.33%	-1.64%	0.74%	18.18%	-8.9%	0.38%	1.3%	17.95%
EBITDA ¹	383	329	334.7	482.1	440.7	417.4	435.5	551.9	509.9	489.7	479.7	596.8	489.6	495.2	489.3	633.8	514.1	492.9	482	686.5	537.9	517.8	526.3	754.5	560.1	548.1	588.4	823.3
Change	-	-14.1%	1.73%	44.04%	-8.59%	-5.29%	4.34%	26.73%	-7.61%	-3.96%	-2.04%	24.41%	-17.96%	1.14%	-1.19%	29.53%	-18.89%	-4.12%	-2.21%	42.43%	-21.65%	-3.74%	1.64%	43.36%	-25.77%	-2.13%	7.36%	39.92%
EBIT ¹	334.1	286.2	290.9	438.5	397.4	373.8	392.1	502.9	464	442.4	433.5	552.1	444.8	448.9	442	589.8	466.5	447.8	432.6	636.8	486.1	461.5	474.8	693.3	518	486.1	513.4	781.2
Change	-	-14.34%	1.64%	50.74%	-9.37%	-5.94%	4.9%	28.26%	-7.74%	-4.66%	-2.01%	27.36%	-19.43%	0.92%	-1.54%	33.44%	-20.91%	-4.01%	-3.39%	47.2%	-23.67%	-5.05%	2.87%	46.03%	-25.29%	-6.16%	5.61%	52.17%
Charge d'intérêts	-6.5	-6.5	-5.9	-4.4	-2.8	-5.1	-4.7	-2.5	-4.9	-4.8	2.4	10	19.1	17.2	-	-	-	-	-	22.9	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	144.5	104.2	118.8	278.9	227.8	228.4	232.3	315.8	330.3	306.4	267.1	401.9	316.8	276.5	298.2	409.4	354.2	309.2	308.2	506.3	334.8	339.1	351	547.5	422	447.7	427.2	631.4
Change	-	-27.89%	14.01%	134.76%	-18.32%	0.26%	1.71%	35.94%	4.59%	-7.24%	-12.83%	50.47%	-21.17%	-12.72%	7.85%	37.29%	-13.48%	-12.7%	-0.32%	64.28%	-33.87%	1.28%	3.49%	56.01%	-22.92%	6.09%	-4.58%	47.8%
Net income ¹	112.4	83	91.9	203.7	174.4	182.7	179.5	237.1	264.3	124	214.5	328.6	255.4	222	243.5	330	285.7	262.7	239.7	412	260.5	271.5	282	459	342.3	363.1	346.5	508.8
Change	-	-26.16%	10.72%	121.65%	-14.38%	4.76%	-1.75%	32.09%	11.47%	-53.08%	72.98%	53.19%	-22.28%	-13.08%	9.68%	35.52%	-13.42%	-8.05%	-8.76%	71.88%	-36.77%	4.23%	3.87%	62.75%	-25.42%	6.08%	-4.57%	46.84%
Announcement Date	23/04/20	23/07/20	22/10/20	04/02/21	28/04/21	27/07/21	28/10/21	03/02/22	27/04/22	26/07/22	26/10/22	02/02/23	26/04/23	25/07/23	25/10/23	01/02/24	25/04/24	25/07/24	24/10/24	04/02/25	24/04/25	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Forecast Balance Sheet: Dassault Systèmes SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	2,041	890	227	-578	-1,459	-2,191	-3,483	-4,523
Change	-	-56.39%	-74.49%	-354.63%	-152.42%	-50.17%	-58.97%	-29.86%
Announcement Date	04/02/21	03/02/22	02/02/23	01/02/24	04/02/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Dassault Systèmes SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	127	103.7	132.3	145.3	193.4	219.2	226.1	247
Change	-	-18.35%	27.58%	9.83%	33.1%	13.35%	3.12%	9.26%
Free Cash Flow (FCF) ¹	1,114	1,509	1,393	1,420	1,466	1,534	1,728	1,924
Change	-	35.46%	-7.72%	1.94%	3.27%	4.63%	12.63%	11.33%
Announcement Date	04/02/21	03/02/22	02/02/23	01/02/24	04/02/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Dassault Systèmes SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	34.24%	37.96%	36.64%	35.42%	35.01%	35.65%	36.4%	36.93%
EBIT Margin (%)	30.23%	34.27%	33.4%	32.36%	31.93%	32.33%	32.87%	33.53%
EBT Margin (%)	14.48%	20.66%	23.04%	21.86%	23.79%	24.32%	25.53%	26.71%
Net margin (%)	11%	15.91%	16.44%	17.66%	19.32%	19.54%	20.68%	21.94%
FCF margin (%)	24.96%	31.05%	24.59%	23.86%	23.6%	23.4%	24.57%	25.42%
FCF / Net Income (%)	226.95%	195.09%	149.53%	135.11%	122.18%	119.74%	118.82%	115.87%
Profitability
ROA	3.66%	9.31%	6.54%	7.28%	7.96%	9.36%	9.51%	10%
ROE	19.37%	22.48%	22.39%	20.4%	20.18%	19.17%	18.91%	18.6%
Financial Health
Leverage (Debt/EBITDA)	1.34x	0.48x	0.11x	-	-	-	-	-
Debt / Free cash flow	1.83x	0.59x	0.16x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.84%	2.13%	2.34%	2.44%	3.11%	3.34%	3.21%	3.26%
CAPEX / EBITDA (%)	8.31%	5.62%	6.37%	6.89%	8.89%	9.38%	8.83%	8.84%
CAPEX / FCF (%)	11.4%	6.87%	9.5%	10.23%	13.19%	14.29%	13.08%	12.84%
Items per share
Cash flow per share ¹	0.9397	1.211	1.144	1.171	1.245	1.342	1.423	1.583
Change	-	28.87%	-5.49%	2.31%	6.31%	7.83%	6.05%	11.17%
Dividend per Share ¹	0.112	0.17	0.21	0.23	0.26	0.2736	0.3017	0.3398
Change	-	51.79%	23.53%	9.52%	13.04%	5.25%	10.25%	12.62%
Book Value Per Share ¹	3.887	4.652	5.49	5.957	6.904	7.385	8.249	9.218
Change	-	19.67%	18.01%	8.51%	15.89%	6.97%	11.7%	11.75%
EPS ¹	0.372	0.58	0.7	0.79	0.9	0.966	1.095	1.227
Change	-	55.91%	20.69%	12.86%	13.92%	7.33%	13.34%	12.08%
Nbr of stocks (in thousands)	1,306,485	1,315,298	1,314,673	1,315,270	1,312,390	1,313,961	1,313,961	1,313,961
Announcement Date	04/02/21	03/02/22	02/02/23	01/02/24	04/02/25	-	-	-