Despite its growth, NASDAQ:BL remains within the realm of affordability.

Last update: Dec 26, 2024

Here's BLACKLINE INC (NASDAQ:BL) for you, a growth stock our stock screener believes is undervalued. NASDAQ:BL is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced. Let's break it down further.

Growth Assessment of NASDAQ:BL

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NASDAQ:BL was assigned a score of 8 for growth:

The Earnings Per Share has grown by an impressive 49.69% over the past year.
BL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 74.65% yearly.
The Revenue has grown by 11.37% in the past year. This is quite good.
Measured over the past years, BL shows a very strong growth in Revenue. The Revenue has been growing by 20.96% on average per year.
Based on estimates for the next years, BL will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.60% on average per year.
The Revenue is expected to grow by 8.95% on average over the next years. This is quite good.

Valuation Insights: NASDAQ:BL

ChartMill provides a Valuation Rating to every stock, ranging from 0 to 10. This rating assesses various valuation aspects, comparing price to earnings and cash flows, while considering factors like profitability and growth. NASDAQ:BL boasts a 5 out of 10:

75.99% of the companies in the same industry are more expensive than BL, based on the Price/Earnings ratio.
BL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BL is cheaper than 72.40% of the companies in the same industry.
Based on the Enterprise Value to EBITDA ratio, BL is valued a bit cheaper than 68.46% of the companies in the same industry.
BL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BL is cheaper than 81.72% of the companies in the same industry.
The decent profitability rating of BL may justify a higher PE ratio.

Analyzing Health Metrics

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:BL has earned a 5 out of 10:

A Current Ratio of 2.69 indicates that BL has no problem at all paying its short term obligations.
BL has a Current ratio of 2.69. This is in the better half of the industry: BL outperforms 72.76% of its industry peers.
A Quick Ratio of 2.69 indicates that BL has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.69, BL is doing good in the industry, outperforming 73.12% of the companies in the same industry.

Looking at the Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:BL, the assigned 6 is noteworthy for profitability:

With an excellent Return On Assets value of 7.48%, BL belongs to the best of the industry, outperforming 81.72% of the companies in the same industry.
The Return On Equity of BL (34.47%) is better than 92.47% of its industry peers.
The Return On Invested Capital of BL (1.68%) is better than 66.67% of its industry peers.
Looking at the Profit Margin, with a value of 19.83%, BL belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
Looking at the Operating Margin, with a value of 4.38%, BL is in the better half of the industry, outperforming 69.89% of the companies in the same industry.
The Gross Margin of BL (75.27%) is better than 67.74% of its industry peers.

Every day, new Affordable Growth stocks can be found on ChartMill in our Affordable Growth screener.

Our latest full fundamental report of BL contains the most current fundamental analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.