BLACKLINE INC (BL)
US09239B1098 - Common Stock
Taking everything into account, BL scores 5 out of 10 in our fundamental rating. BL was compared to 279 industry peers in the Software industry. Both the profitability and the financial health of BL get a neutral evaluation. Nothing too spectacular is happening here. BL is growing strongly while it is still valued neutral. This is a good combination! These ratings could make BL a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year BL was profitable.
BL had a positive operating cash flow in the past year.
In the past 5 years BL reported 4 times negative net income.
Each year in the past 5 years BL had a positive operating cash flow.
1.2 Ratios
BL has a better Return On Assets (7.48%) than 82.44% of its industry peers.
The Return On Equity of BL (34.47%) is better than 93.19% of its industry peers.
BL's Return On Invested Capital of 1.68% is fine compared to the rest of the industry. BL outperforms 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.48% | ||
| ROE | 34.47% | ||
| ROIC | 1.68% |
ROA(3y)-1.78%
ROA(5y)-2.55%
ROE(3y)-13.82%
ROE(5y)-12.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 19.83%, BL belongs to the top of the industry, outperforming 88.53% of the companies in the same industry.
BL has a Operating Margin of 4.38%. This is in the better half of the industry: BL outperforms 69.89% of its industry peers.
BL has a Gross Margin of 75.27%. This is in the better half of the industry: BL outperforms 67.38% of its industry peers.
BL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.38% | ||
| PM (TTM) | 19.83% | ||
| GM | 75.27% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.24%
GM growth 5Y-0.66%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BL is destroying value.
BL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BL has been increased compared to 5 years ago.
Compared to 1 year ago, BL has an improved debt to assets ratio.
2.2 Solvency
BL has an Altman-Z score of 2.52. This is not the best score and indicates that BL is in the grey zone with still only limited risk for bankruptcy at the moment.
BL has a Altman-Z score (2.52) which is in line with its industry peers.
BL has a debt to FCF ratio of 5.48. This is a neutral value as BL would need 5.48 years to pay back of all of its debts.
BL has a Debt to FCF ratio of 5.48. This is comparable to the rest of the industry: BL outperforms 57.35% of its industry peers.
A Debt/Equity ratio of 2.42 is on the high side and indicates that BL has dependencies on debt financing.
With a Debt to Equity ratio value of 2.42, BL is not doing good in the industry: 85.30% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 2.52 |
ROIC/WACC0.16
WACC10.34%
2.3 Liquidity
A Current Ratio of 2.69 indicates that BL has no problem at all paying its short term obligations.
BL's Current ratio of 2.69 is fine compared to the rest of the industry. BL outperforms 71.68% of its industry peers.
BL has a Quick Ratio of 2.69. This indicates that BL is financially healthy and has no problem in meeting its short term obligations.
BL has a Quick ratio of 2.69. This is in the better half of the industry: BL outperforms 72.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.69 | ||
| Quick Ratio | 2.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 49.69% over the past year.
Measured over the past years, BL shows a very strong growth in Earnings Per Share. The EPS has been growing by 74.65% on average per year.
Looking at the last year, BL shows a quite strong growth in Revenue. The Revenue has grown by 11.37% in the last year.
BL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.96% yearly.
EPS 1Y (TTM)49.69%
EPS 3Y36.9%
EPS 5Y74.65%
EPS Q2Q%17.65%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y18.82%
Revenue growth 5Y20.96%
Sales Q2Q%10.09%
3.2 Future
BL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.68% yearly.
The Revenue is expected to grow by 10.70% on average over the next years. This is quite good.
EPS Next Y13.08%
EPS Next 2Y8.1%
EPS Next 3Y9.68%
EPS Next 5YN/A
Revenue Next Year10.33%
Revenue Next 2Y9.93%
Revenue Next 3Y10.19%
Revenue Next 5Y10.7%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
BL is valuated quite expensively with a Price/Earnings ratio of 26.02.
77.78% of the companies in the same industry are more expensive than BL, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.20, BL is valued at the same level.
BL is valuated quite expensively with a Price/Forward Earnings ratio of 27.52.
Based on the Price/Forward Earnings ratio, BL is valued a bit cheaper than 72.04% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.00, BL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.02 | ||
| Fwd PE | 27.52 |
4.2 Price Multiples
BL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BL is cheaper than 68.82% 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 82.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.95 | ||
| EV/EBITDA | 47.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BL does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of BL may justify a higher PE ratio.
PEG (NY)1.99
PEG (5Y)0.35
EPS Next 2Y8.1%
EPS Next 3Y9.68%
5. Dividend
5.1 Amount
BL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BLACKLINE INC
NASDAQ:BL (11/22/2024, 8:26:16 PM)
After market: 62.7 0 (0%)62.7
+1.01 (+1.64%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.90B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.02 | ||
| Fwd PE | 27.52 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.99
PEG (5Y)0.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.48% | ||
| ROE | 34.47% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.38% | ||
| PM (TTM) | 19.83% | ||
| GM | 75.27% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.69 | ||
| Quick Ratio | 2.69 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)49.69%
EPS 3Y36.9%
EPS 5Y
EPS Q2Q%
EPS Next Y13.08%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)11.37%
Revenue growth 3Y18.82%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y