56.34 USD
+0.34 (+0.61%)
56.34 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BLKB. BLKB was compared to 277 industry peers in the Software industry. While BLKB is still in line with the averages on profitability rating, there are concerns on its financial health. BLKB is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year BLKB was profitable.
- BLKB had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: BLKB reported negative net income in multiple years.
- Each year in the past 5 years BLKB had a positive operating cash flow.
1.2 Ratios
- BLKB's Return On Assets of -11.99% is on the low side compared to the rest of the industry. BLKB is outperformed by 66.06% of its industry peers.
- BLKB has a Return On Equity of -233.32%. This is amonst the worse of the industry: BLKB underperforms 84.84% of its industry peers.
- BLKB has a Return On Invested Capital of 11.42%. This is amongst the best in the industry. BLKB outperforms 87.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.99% | ||
| ROE | -233.32% | ||
| ROIC | 11.42% |
ROA(3y)-4.27%
ROA(5y)-2.45%
ROE(3y)-68.43%
ROE(5y)-40.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- BLKB has a better Operating Margin (14.96%) than 81.95% of its industry peers.
- In the last couple of years the Operating Margin of BLKB has grown nicely.
- The Gross Margin of BLKB (57.73%) is worse than 64.26% of its industry peers.
- In the last couple of years the Gross Margin of BLKB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.96% | ||
| PM (TTM) | N/A | ||
| GM | 57.73% |
OM growth 3Y55.49%
OM growth 5Y26.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.94%
GM growth 5Y0.66%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BLKB is still creating some value.
- Compared to 1 year ago, BLKB has less shares outstanding
- The number of shares outstanding for BLKB has been increased compared to 5 years ago.
- BLKB has a worse debt/assets ratio than last year.
2.2 Solvency
- BLKB has an Altman-Z score of 1.43. This is a bad value and indicates that BLKB is not financially healthy and even has some risk of bankruptcy.
- BLKB has a Altman-Z score (1.43) which is comparable to the rest of the industry.
- BLKB has a debt to FCF ratio of 4.86. This is a neutral value as BLKB would need 4.86 years to pay back of all of its debts.
- BLKB has a Debt to FCF ratio of 4.86. This is comparable to the rest of the industry: BLKB outperforms 57.76% of its industry peers.
- A Debt/Equity ratio of 9.63 is on the high side and indicates that BLKB has dependencies on debt financing.
- The Debt to Equity ratio of BLKB (9.63) is worse than 88.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.63 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.06
WACC10.79%
2.3 Liquidity
- A Current Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.69, BLKB is doing worse than 88.45% of the companies in the same industry.
- BLKB has a Quick Ratio of 0.69. This is a bad value and indicates that BLKB is not financially healthy enough and could expect problems in meeting its short term obligations.
- BLKB has a worse Quick ratio (0.69) than 88.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
- BLKB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.07%.
- The Earnings Per Share has been growing by 12.74% on average over the past years. This is quite good.
- BLKB shows a decrease in Revenue. In the last year, the revenue decreased by -1.12%.
- The Revenue has been growing slightly by 5.12% on average over the past years.
EPS 1Y (TTM)5.07%
EPS 3Y10.43%
EPS 5Y12.74%
EPS Q2Q%11.11%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y7.59%
Revenue growth 5Y5.12%
Sales Q2Q%-1.95%
3.2 Future
- Based on estimates for the next years, BLKB will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.63% on average per year.
- BLKB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.11% yearly.
EPS Next Y10.45%
EPS Next 2Y11.06%
EPS Next 3Y9.85%
EPS Next 5Y8.63%
Revenue Next Year-2.63%
Revenue Next 2Y0.63%
Revenue Next 3Y1.94%
Revenue Next 5Y3.11%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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
- A Price/Earnings ratio of 12.95 indicates a correct valuation of BLKB.
- Based on the Price/Earnings ratio, BLKB is valued cheaper than 84.84% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, BLKB is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 11.20, the valuation of BLKB can be described as reasonable.
- 86.28% of the companies in the same industry are more expensive than BLKB, based on the Price/Forward Earnings ratio.
- BLKB is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.95 | ||
| Fwd PE | 11.2 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BLKB is valued cheaper than 83.75% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BLKB indicates a rather cheap valuation: BLKB is cheaper than 89.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.31 | ||
| EV/EBITDA | 13.96 |
4.3 Compensation for Growth
- BLKB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.24
PEG (5Y)1.02
EPS Next 2Y11.06%
EPS Next 3Y9.85%
5. Dividend
5.1 Amount
- BLKB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BLACKBAUD INC / BLKB FAQ
What is the fundamental rating for BLKB stock?
ChartMill assigns a fundamental rating of 3 / 10 to BLKB.
Can you provide the valuation status for BLACKBAUD INC?
ChartMill assigns a valuation rating of 7 / 10 to BLACKBAUD INC (BLKB). This can be considered as Undervalued.
What is the profitability of BLKB stock?
BLACKBAUD INC (BLKB) has a profitability rating of 4 / 10.
What is the valuation of BLACKBAUD INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BLACKBAUD INC (BLKB) is 12.95 and the Price/Book (PB) ratio is 24.91.
What is the expected EPS growth for BLACKBAUD INC (BLKB) stock?
The Earnings per Share (EPS) of BLACKBAUD INC (BLKB) is expected to grow by 10.45% in the next year.