Reddit, Inc.
$42.13B- Market cap
- $42.84B
- Debt
- +$243.38M
- Cash
- −$953.57M
Capital structure 99% equity / 1% debt · EV / Revenue 19.13x · EV / EBITDA 77.44x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: RDDT stock price vs BSY: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BSY's multiple
Needs BSY P/E.
Implied fair value · at RDDT's multiple
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: RDDT FY 2025 (ended Dec 31, 2025) · BSY FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 99% equity / 1% debt · EV / Revenue 19.13x · EV / EBITDA 77.44x
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Reddit, Inc. · implied price per share
Bear
$22.49
Base
$26.46
Bull
$30.43
BENTLEY SYSTEMS, INCORPORATED · implied price per share
Bear
$6.57
Base
$7.73
Bull
$8.88
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.08x
1.06x
Net debt / EBITDA
Leverage against operating earnings
-1.31x
2.57x
Cash and equivalents
Liquid reserves on the balance sheet
$953.57M
$123.28M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$243.38M
$1.26B
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe RDDT can sustain its 69.4% revenue growth while preserving its 91.2% gross margin, then hold or accumulate on weakness; otherwise, the current valuation looks difficult to defend versus BSY because BSY-implied price is only $79.35 to $107.87 and sits far below $194.67.
RDDT trades at a steep premium to BSY on every headline valuation metric, even though BSY-implied valuation points to material downside from the current price. The gap is driven by RDDT's much faster revenue growth and stronger margin profile, but the stock still looks expensive versus both BSY and its own valuation ranges.
Supporting Metrics