62.21 USD
+0.37 (+0.6%)
62.21 USD
0 (0%)
BLKB gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 276 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 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BLKB had positive earnings in the past year.
In the past year BLKB had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of -11.99%, BLKB is doing worse than 65.94% of the companies in the same industry.
Looking at the Return On Equity, with a value of -233.32%, BLKB is doing worse than 84.78% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 11.42%, BLKB belongs to the top of the industry, outperforming 87.32% of the companies in the same industry.
| 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
Looking at the Operating Margin, with a value of 14.96%, BLKB belongs to the top of the industry, outperforming 81.88% of the companies in the same industry.
In the last couple of years the Operating Margin of BLKB has grown nicely.
The Gross Margin of BLKB (57.73%) is worse than 64.13% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BLKB is creating some value.
The number of shares outstanding for BLKB has been reduced compared to 1 year ago.
BLKB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BLKB has a worse debt to assets ratio.
2.2 Solvency
BLKB has an Altman-Z score of 1.52. This is a bad value and indicates that BLKB is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.52, BLKB perfoms like the industry average, outperforming 42.75% of the companies in the same industry.
The Debt to FCF ratio of BLKB is 4.86, which is a neutral value as it means it would take BLKB, 4.86 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.86, BLKB perfoms like the industry average, outperforming 57.61% of the companies in the same industry.
BLKB has a Debt/Equity ratio of 9.63. This is a high value indicating a heavy dependency on external financing.
BLKB's Debt to Equity ratio of 9.63 is on the low side compared to the rest of the industry. BLKB is outperformed by 88.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.63 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 1.52 |
ROIC/WACC1.06
WACC10.74%
2.3 Liquidity
A Current Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
BLKB has a Current ratio of 0.69. This is amonst the worse of the industry: BLKB underperforms 88.41% of its industry peers.
A Quick Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
BLKB has a worse Quick ratio (0.69) than 88.41% 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%.
BLKB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.74% yearly.
BLKB shows a decrease in Revenue. In the last year, the revenue decreased by -1.12%.
Measured over the past years, BLKB shows a small growth in Revenue. The Revenue has been growing by 5.12% on average per year.
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
BLKB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.63% yearly.
The Revenue is expected to grow by 3.11% on average over the next years.
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
With a Price/Earnings ratio of 14.30, BLKB is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of BLKB indicates a rather cheap valuation: BLKB is cheaper than 83.70% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, BLKB is valued a bit cheaper.
BLKB is valuated correctly with a Price/Forward Earnings ratio of 12.36.
Based on the Price/Forward Earnings ratio, BLKB is valued cheaply inside the industry as 85.87% of the companies are valued more expensively.
BLKB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.3 | ||
| Fwd PE | 12.36 |
4.2 Price Multiples
83.70% of the companies in the same industry are more expensive than BLKB, based on the Enterprise Value to EBITDA ratio.
87.68% of the companies in the same industry are more expensive than BLKB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.59 | ||
| EV/EBITDA | 15.09 |
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)1.37
PEG (5Y)1.12
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% |
62.21
+0.37 (+0.6%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners78.94%
Inst Owner Change0.01%
Ins Owners2.01%
Ins Owner Change-0.64%
Market Cap2.98B
Revenue(TTM)1.14B
Net Income(TTM)-252.43M
Analysts50
Price Target75.48 (21.33%)
Short Float %3.63%
Short Ratio3.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.56%
Min EPS beat(2)0.79%
Max EPS beat(2)12.34%
EPS beat(4)3
Avg EPS beat(4)4.41%
Min EPS beat(4)-0.35%
Max EPS beat(4)12.34%
EPS beat(8)6
Avg EPS beat(8)2.42%
EPS beat(12)10
Avg EPS beat(12)3.99%
EPS beat(16)13
Avg EPS beat(16)3.9%
Revenue beat(2)0
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)-0.22%
Revenue beat(4)0
Avg Revenue beat(4)-1.26%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)-0.22%
Revenue beat(8)0
Avg Revenue beat(8)-2.3%
Revenue beat(12)0
Avg Revenue beat(12)-2.3%
Revenue beat(16)1
Avg Revenue beat(16)-2.01%
PT rev (1m)0%
PT rev (3m)-3.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.73%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.3 | ||
| Fwd PE | 12.36 | ||
| P/S | 2.62 | ||
| P/FCF | 13.59 | ||
| P/OCF | 10.58 | ||
| P/B | 27.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.09 |
EPS(TTM)4.35
EY6.99%
EPS(NY)5.03
Fwd EY8.09%
FCF(TTM)4.58
FCFY7.36%
OCF(TTM)5.88
OCFY9.45%
SpS23.74
BVpS2.26
TBVpS-22.19
PEG (NY)1.37
PEG (5Y)1.12
Graham Number14.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.99% | ||
| ROE | -233.32% | ||
| ROCE | 14.46% | ||
| ROIC | 11.42% | ||
| ROICexc | 11.86% | ||
| ROICexgc | N/A | ||
| OM | 14.96% | ||
| PM (TTM) | N/A | ||
| GM | 57.73% | ||
| FCFM | 19.29% |
ROA(3y)-4.27%
ROA(5y)-2.45%
ROE(3y)-68.43%
ROE(5y)-40.54%
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 3Y93.05%
ROICexc growth 5Y27.63%
OM growth 3Y55.49%
OM growth 5Y26.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.94%
GM growth 5Y0.66%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.63 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 3.94 | ||
| Cap/Depr | 65.64% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.52 |
F-Score6
WACC10.74%
ROIC/WACC1.06
Cap/Depr(3y)61.08%
Cap/Depr(5y)64.81%
Cap/Sales(3y)6.11%
Cap/Sales(5y)6.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.07%
EPS 3Y10.43%
EPS 5Y12.74%
EPS Q2Q%11.11%
EPS Next Y10.45%
EPS Next 2Y11.06%
EPS Next 3Y9.85%
EPS Next 5Y8.63%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y7.59%
Revenue growth 5Y5.12%
Sales Q2Q%-1.95%
Revenue Next Year-2.63%
Revenue Next 2Y0.63%
Revenue Next 3Y1.94%
Revenue Next 5Y3.11%
EBIT growth 1Y26.28%
EBIT growth 3Y67.3%
EBIT growth 5Y32.6%
EBIT Next Year26.32%
EBIT Next 3Y12.29%
EBIT Next 5YN/A
FCF growth 1Y45.59%
FCF growth 3Y12.31%
FCF growth 5Y13.01%
OCF growth 1Y29.49%
OCF growth 3Y11.47%
OCF growth 5Y10.15%
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 6 / 10 to BLACKBAUD INC (BLKB). This can be considered as Fairly Valued.
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 14.3 and the Price/Book (PB) ratio is 27.5.
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.