BLACKLINE INC (BL) Stock Fundamental Analysis
NASDAQ:BL - Nasdaq - US09239B1098 - Common Stock
Overall BL gets a fundamental rating of 6 out of 10. We evaluated BL against 285 industry peers in the Software industry. BL has an average financial health and profitability rating. BL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make BL suitable 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.
In the past 5 years BL always reported a positive cash flow from operatings.
1.2 Ratios
BL's Return On Assets of 7.48% is amongst the best of the industry. BL outperforms 81.72% of its industry peers.
BL's Return On Equity of 34.47% is amongst the best of the industry. BL outperforms 92.47% of its industry peers.
The Return On Invested Capital of BL (1.68%) is better than 66.31% 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 86.38% 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.
BL's Gross Margin of 75.27% is fine compared to the rest of the industry. BL outperforms 67.74% 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.
BL has more shares outstanding than it did 5 years ago.
BL has a better debt/assets ratio than last year.
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's Altman-Z score of 2.52 is in line compared to the rest of the industry. BL outperforms 45.88% of its industry peers.
The Debt to FCF ratio of BL is 5.48, which is a neutral value as it means it would take BL, 5.48 years of fcf income to pay off all of its debts.
BL has a Debt to FCF ratio (5.48) which is in line with its industry peers.
BL has a Debt/Equity ratio of 2.42. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.42, BL is doing worse than 84.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 2.52 |
ROIC/WACC0.18
WACC9.54%
2.3 Liquidity
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 73.12% 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.
With a decent Quick ratio value of 2.69, BL is doing good in the industry, outperforming 73.48% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 74.65% on average over the past years. This is a very strong growth
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
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.
EPS Next Y15.34%
EPS Next 2Y9.48%
EPS Next 3Y10.6%
EPS Next 5YN/A
Revenue Next Year10.76%
Revenue Next 2Y9.91%
Revenue Next 3Y10.12%
Revenue Next 5Y8.95%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.77, which indicates a rather expensive current valuation of BL.
Based on the Price/Earnings ratio, BL is valued a bit cheaper than 76.70% of the companies in the same industry.
BL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 25.54, the valuation of BL can be described as expensive.
73.84% of the companies in the same industry are more expensive than BL, based on the Price/Forward Earnings ratio.
BL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.37, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.77 | ||
| Fwd PE | 25.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BL indicates a somewhat cheap valuation: BL is cheaper than 69.18% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BL is valued cheaper than 82.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.91 | ||
| EV/EBITDA | 47.42 |
4.3 Compensation for Growth
BL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.62
PEG (5Y)0.33
EPS Next 2Y9.48%
EPS Next 3Y10.6%
5. Dividend
5.1 Amount
No dividends for BL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BLACKLINE INC
NASDAQ:BL (1/22/2025, 8:07:41 PM)
After market: 59.7 0 (0%)59.7
-1.5 (-2.45%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners92.76%
Inst Owner Change-0.36%
Ins Owners8.16%
Ins Owner Change-5.01%
Market Cap3.73B
Analysts52.38
Price Target65.89 (10.37%)
Short Float %9.21%
Short Ratio7.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.38%
Min EPS beat(2)11.9%
Max EPS beat(2)12.86%
EPS beat(4)4
Avg EPS beat(4)14.57%
Min EPS beat(4)11.6%
Max EPS beat(4)21.9%
EPS beat(8)8
Avg EPS beat(8)42.69%
EPS beat(12)11
Avg EPS beat(12)119.11%
EPS beat(16)15
Avg EPS beat(16)118.39%
Revenue beat(2)0
Avg Revenue beat(2)-1.37%
Min Revenue beat(2)-1.5%
Max Revenue beat(2)-1.24%
Revenue beat(4)0
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-2%
Max Revenue beat(4)-1.24%
Revenue beat(8)0
Avg Revenue beat(8)-1.98%
Revenue beat(12)0
Avg Revenue beat(12)-2%
Revenue beat(16)1
Avg Revenue beat(16)-1.58%
PT rev (1m)1.41%
PT rev (3m)13.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.16%
EPS NY rev (1m)0%
EPS NY rev (3m)2.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.77 | ||
| Fwd PE | 25.54 | ||
| P/S | 5.83 | ||
| P/FCF | 22.91 | ||
| P/OCF | 19.72 | ||
| P/B | 10.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 47.42 |
EPS(TTM)2.41
EY4.04%
EPS(NY)2.34
Fwd EY3.92%
FCF(TTM)2.61
FCFY4.36%
OCF(TTM)3.03
OCFY5.07%
SpS10.24
BVpS5.89
TBVpS-3.01
PEG (NY)1.62
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.48% | ||
| ROE | 34.47% | ||
| ROCE | 2.13% | ||
| ROIC | 1.68% | ||
| ROICexc | 4.69% | ||
| ROICexgc | N/A | ||
| OM | 4.38% | ||
| PM (TTM) | 19.83% | ||
| GM | 75.27% | ||
| FCFM | 25.45% |
ROA(3y)-1.78%
ROA(5y)-2.55%
ROE(3y)-13.82%
ROE(5y)-12.15%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score9
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 5.48 | ||
| Debt/EBITDA | 11.28 | ||
| Cap/Depr | 51.73% | ||
| Cap/Sales | 4.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 239.31% | ||
| Profit Quality | 128.37% | ||
| Current Ratio | 2.69 | ||
| Quick Ratio | 2.69 | ||
| Altman-Z | 2.52 |
F-Score9
WACC9.54%
ROIC/WACC0.18
Cap/Depr(3y)70.45%
Cap/Depr(5y)69.97%
Cap/Sales(3y)5.31%
Cap/Sales(5y)4.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.69%
EPS 3Y36.9%
EPS 5Y74.65%
EPS Q2Q%17.65%
EPS Next Y15.34%
EPS Next 2Y9.48%
EPS Next 3Y10.6%
EPS Next 5YN/A
Revenue 1Y (TTM)11.37%
Revenue growth 3Y18.82%
Revenue growth 5Y20.96%
Sales Q2Q%10.09%
Revenue Next Year10.76%
Revenue Next 2Y9.91%
Revenue Next 3Y10.12%
Revenue Next 5Y8.95%
EBIT growth 1Y52.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year84.46%
EBIT Next 3Y35.5%
EBIT Next 5YN/A
FCF growth 1Y680.48%
FCF growth 3Y41%
FCF growth 5Y88.32%
OCF growth 1Y261.24%
OCF growth 3Y32.25%
OCF growth 5Y50.98%