BLACKLINE INC (BL) Stock Fundamental Analysis
USA - NASDAQ:BL - US09239B1098 - Common Stock
53.58 USD
-3.24 (-5.7%)
53.58 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to BL. BL was compared to 284 industry peers in the Software industry. There are concerns on the financial health of BL while its profitability can be described as average. BL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BL was profitable.
In the past year BL had a positive cash flow from operations.
In multiple years BL reported negative net income over the last 5 years.
Each year in the past 5 years BL had a positive operating cash flow.
1.2 Ratios
BL's Return On Assets of 4.91% is fine compared to the rest of the industry. BL outperforms 73.24% of its industry peers.
BL's Return On Equity of 21.25% is amongst the best of the industry. BL outperforms 87.32% of its industry peers.
BL has a better Return On Invested Capital (2.23%) than 67.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 21.25% | ||
| ROIC | 2.23% |
ROA(3y)3.28%
ROA(5y)-0.14%
ROE(3y)10.02%
ROE(5y)-3.3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 13.05%, BL is in the better half of the industry, outperforming 74.65% of the companies in the same industry.
BL has a better Operating Margin (4.80%) than 67.61% of its industry peers.
BL has a better Gross Margin (75.37%) than 67.96% of its industry peers.
BL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.8% | ||
| PM (TTM) | 13.05% | ||
| GM | 75.37% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BL is destroying value.
Compared to 1 year ago, BL has more shares outstanding
BL has more shares outstanding than it did 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 2.21. 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.
Looking at the Altman-Z score, with a value of 2.21, BL is in line with its industry, outperforming 50.35% of the companies in the same industry.
BL has a debt to FCF ratio of 6.21. This is a slightly negative value and a sign of low solvency as BL would need 6.21 years to pay back of all of its debts.
The Debt to FCF ratio of BL (6.21) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.61 is on the high side and indicates that BL has dependencies on debt financing.
BL has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: BL underperforms 78.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 6.21 | ||
| Altman-Z | 2.21 |
ROIC/WACC0.23
WACC9.78%
2.3 Liquidity
A Current Ratio of 1.64 indicates that BL should not have too much problems paying its short term obligations.
BL has a Current ratio of 1.64. This is comparable to the rest of the industry: BL outperforms 52.11% of its industry peers.
BL has a Quick Ratio of 1.64. This is a normal value and indicates that BL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.64, BL is in line with its industry, outperforming 53.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
BL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.84%.
The Earnings Per Share has been growing by 41.21% 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 10.74% in the last year.
Measured over the past years, BL shows a quite strong growth in Revenue. The Revenue has been growing by 17.72% on average per year.
EPS 1Y (TTM)-17.84%
EPS 3Y55.72%
EPS 5Y41.21%
EPS Q2Q%-15%
Revenue 1Y (TTM)10.74%
Revenue growth 3Y15.35%
Revenue growth 5Y17.72%
Sales Q2Q%7.46%
3.2 Future
The Earnings Per Share is expected to grow by 9.88% on average over the next years. This is quite good.
Based on estimates for the next years, BL will show a quite strong growth in Revenue. The Revenue will grow by 9.26% on average per year.
EPS Next Y1.06%
EPS Next 2Y4.9%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue Next Year7.41%
Revenue Next 2Y8.07%
Revenue Next 3Y9.26%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
With a Price/Earnings ratio of 27.06, BL can be considered very expensive at the moment.
66.90% 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 25.67, BL is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.23, the valuation of BL can be described as rather expensive.
68.66% of the companies in the same industry are more expensive than BL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BL to the average of the S&P500 Index (31.86), we can say BL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.06 | ||
| Fwd PE | 22.23 |
4.2 Price Multiples
BL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BL is cheaper than 67.61% of the companies in the same industry.
BL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BL is cheaper than 76.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.04 | ||
| EV/EBITDA | 39.24 |
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.
PEG (NY)25.42
PEG (5Y)0.66
EPS Next 2Y4.9%
EPS Next 3Y9.88%
5. Dividend
5.1 Amount
No dividends for BL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
53.58
-3.24 (-5.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.04%
Inst Owner Change-0.48%
Ins Owners8.61%
Ins Owner Change0.18%
Market Cap3.32B
Revenue(TTM)653.34M
Net Income(TTM)88.00M
Analysts75.65
Price Target62.81 (17.23%)
Short Float %12.01%
Short Ratio8.51
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)1
Avg EPS beat(2)10.73%
Min EPS beat(2)-2.94%
Max EPS beat(2)24.4%
EPS beat(4)2
Avg EPS beat(4)6.3%
Min EPS beat(4)-9.1%
Max EPS beat(4)24.4%
EPS beat(8)6
Avg EPS beat(8)13.92%
EPS beat(12)10
Avg EPS beat(12)40.18%
EPS beat(16)13
Avg EPS beat(16)96.56%
Revenue beat(2)0
Avg Revenue beat(2)-2.51%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)-2.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.13%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)-1.24%
Revenue beat(8)0
Avg Revenue beat(8)-1.97%
Revenue beat(12)0
Avg Revenue beat(12)-2.16%
Revenue beat(16)0
Avg Revenue beat(16)-2%
PT rev (1m)0%
PT rev (3m)6.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.06 | ||
| Fwd PE | 22.23 | ||
| P/S | 4.92 | ||
| P/FCF | 23.04 | ||
| P/OCF | 18.55 | ||
| P/B | 8.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 39.24 |
EPS(TTM)1.98
EY3.7%
EPS(NY)2.41
Fwd EY4.5%
FCF(TTM)2.33
FCFY4.34%
OCF(TTM)2.89
OCFY5.39%
SpS10.9
BVpS6.69
TBVpS-2.18
PEG (NY)25.42
PEG (5Y)0.66
Graham Number17.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 21.25% | ||
| ROCE | 2.82% | ||
| ROIC | 2.23% | ||
| ROICexc | 8.78% | ||
| ROICexgc | N/A | ||
| OM | 4.8% | ||
| PM (TTM) | 13.05% | ||
| GM | 75.37% | ||
| FCFM | 21.35% |
ROA(3y)3.28%
ROA(5y)-0.14%
ROE(3y)10.02%
ROE(5y)-3.3%
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
ROICexgc growth 3YN/A
ROICexgc 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-0.78%
GM growth 5Y-1.12%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 6.21 | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 72.59% | ||
| Cap/Sales | 5.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 222.36% | ||
| Profit Quality | 163.57% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 2.21 |
F-Score7
WACC9.78%
ROIC/WACC0.23
Cap/Depr(3y)59.63%
Cap/Depr(5y)71.52%
Cap/Sales(3y)4.85%
Cap/Sales(5y)5.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.84%
EPS 3Y55.72%
EPS 5Y41.21%
EPS Q2Q%-15%
EPS Next Y1.06%
EPS Next 2Y4.9%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue 1Y (TTM)10.74%
Revenue growth 3Y15.35%
Revenue growth 5Y17.72%
Sales Q2Q%7.46%
Revenue Next Year7.41%
Revenue Next 2Y8.07%
Revenue Next 3Y9.26%
Revenue Next 5YN/A
EBIT growth 1Y20.44%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year46.5%
EBIT Next 3Y25.75%
EBIT Next 5YN/A
FCF growth 1Y108.34%
FCF growth 3Y42.38%
FCF growth 5Y52.28%
OCF growth 1Y83.67%
OCF growth 3Y33.57%
OCF growth 5Y45.05%
BLACKLINE INC / BL FAQ
What is the fundamental rating for BL stock?
ChartMill assigns a fundamental rating of 4 / 10 to BL.
What is the valuation status of BLACKLINE INC (BL) stock?
ChartMill assigns a valuation rating of 4 / 10 to BLACKLINE INC (BL). This can be considered as Fairly Valued.
Can you provide the profitability details for BLACKLINE INC?
BLACKLINE INC (BL) has a profitability rating of 5 / 10.
What are the PE and PB ratios of BLACKLINE INC (BL) stock?
The Price/Earnings (PE) ratio for BLACKLINE INC (BL) is 27.06 and the Price/Book (PB) ratio is 8.01.
How financially healthy is BLACKLINE INC?
The financial health rating of BLACKLINE INC (BL) is 3 / 10.