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Stock Comparison · Industry comparison · Software - Application

Bentley Systems vs TeamViewer: Which Stock Looks Stronger in 2026?

The structural profiles are close, with TeamViewer SE carrying a narrow edge on valuation. Bentley Systems still leads on growth and stability, which keeps the comparison from looking entirely one-sided. 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.

Updated 2026-04-05

Most of the separation is still concentrated in valuation.

INDUSTRY COMPARISON

Both operate in: Software - Application

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

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

Peer-Relative Score
BSY
Bentley Systems, Incorporated
46
Peer-Score
Signal qualityHigh
vs
TMV.DE
TeamViewer SE
50
Peer-Score
Signal qualityHigh

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: BSY vs TMV.DE Profitability 39 42 Stability 47 24 Valuation 50 88 Growth 50 31 BSY TMV.DE
Gap Ranking
#1 Valuation +38
#2 Stability +23
#3 Growth +19
#4 Profitability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

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

Bentley Systems, Incorporated looks stronger, but the price setup still looks more supportive for TeamViewer SE.

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

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but TeamViewer SE still holds a clear edge.
Stability
Bentley Systems, Incorporated holds the stronger peer position on stability.
Valuation — Dominant Gap
BSY
50
TMV.DE
88
Gap+38in favour of TMV.DE

The multiple-based pricing edge comes from a forward P/E that is 18.5 turns lower.

What keeps the gap from being one-sided

Stability still leans toward Bentley Systems, Incorporated, so the lead is real without reading as one-way.

What this means for the comparison

The main read on valuation is clearer than the broader score gap.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how BSY and TMV.DE 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.

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.