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Stock Comparison · Industry comparison · Software - Application

ATOSS Software vs Bentley Systems: Which Stock Looks Stronger in 2026?

ATOSS Software SE leads structurally, with profitability as the clearest single gap between the two profiles. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (AOF.DE: HDAX, BSY: Russell 1000).

Updated 2026-08-16

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight. The overall score gap is 12 points in favour of ATOSS Software SE.

INDUSTRY COMPARISON

Both operate in: Software - Application

This comparison is based on industry proximity, not on functional trajectory similarity. AOF.DE and BSY share the same industry classification.

For a similarity-based comparison, see how ATOSS Software SE and Bentley Systems each position within their functional peer groups in AssetNext.

Peer-Relative Score
AOF.DE
ATOSS Software SE
56
Peer-Score
Signal qualitylow
Peer basis: HDAX
vs
BSY
Bentley Systems, Incorporated
44
Peer-Score
Signal qualityHigh
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: AOF.DE vs BSY Profitability 75 39 Stability 48 45 Valuation 54 51 Growth 40 39 AOF.DE BSY
Gap Ranking
#1 Profitability +36
#2 Valuation +3
#3 Stability +3
#4 Growth +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AOF.DE and BSY Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AOF.DEBSY Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AOF.DE and BSY each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AOF.DE Neutral · below norm 0th 50th 100th 39 pct gap BSY Lower · below norm 0th 50th 100th 42nd 3rd
Today BSY sits in the lower portion of its own 5-year history (3rd percentile), while AOF.DE sits higher in its own history (42nd). Within each stock's own 5-year context, BSY is at a historically more favourable entry position than AOF.DE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, ATOSS Software SE ranks near the top of the group; Bentley Systems, Incorporated sits in the weaker half.
Profitability — Dominant Gap
AOF.DE
75
BSY
39
Gap+36in favour of AOF.DE

The profitability lead is mainly driven by a 14.2-point operating margin advantage.

What keeps the gap from being one-sided

Bentley Systems, Incorporated still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Profitability clearly separates the pair, while the broader read stays strong rather than one-way.

Explore full peer positioning in AssetNext

Break down the AOF.DE vs BSY comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how AOF.DE and BSY each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.