62.21 USD
+0.37 (+0.6%)
62.21 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BLKB. BLKB was compared to 276 industry peers in the Software industry. BLKB has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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
BLKB's Return On Assets of -11.99% is on the low side compared to the rest of the industry. BLKB is outperformed by 65.94% of its industry peers.
The Return On Equity of BLKB (-233.32%) is worse than 84.78% of its industry peers.
BLKB has a Return On Invested Capital of 11.42%. This is amongst the best in the industry. BLKB outperforms 87.32% 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
Looking at the Operating Margin, with a value of 14.96%, BLKB belongs to the top of the industry, outperforming 81.52% of the companies in the same industry.
BLKB's Operating Margin has improved in the last couple of years.
BLKB has a worse Gross Margin (57.73%) 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
BLKB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
Based on the Altman-Z score of 1.52, we must say that BLKB is in the distress zone and has some risk of bankruptcy.
BLKB's Altman-Z score of 1.52 is in line compared to the rest of the industry. BLKB outperforms 42.39% of its industry peers.
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.
BLKB has a Debt to FCF ratio (4.86) which is in line with its industry peers.
A Debt/Equity ratio of 9.63 is on the high side and indicates that BLKB has dependencies on debt 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/WACC1.07
WACC10.68%
2.3 Liquidity
BLKB has a Current 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.
The Current ratio of BLKB (0.69) is worse than 88.41% of its industry peers.
A Quick Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
With a Quick ratio value of 0.69, BLKB is not doing good in the industry: 88.41% of the companies in the same industry are doing better.
| 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.
Looking at the last year, BLKB shows a decrease in Revenue. The Revenue has decreased by -1.12% in the last year.
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.
Based on estimates for the next years, BLKB will show a small growth in Revenue. The Revenue will grow by 3.11% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.30, the valuation of BLKB can be described as correct.
Based on the Price/Earnings ratio, BLKB is valued cheaply inside the industry as 83.70% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.19, BLKB is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 12.36, the valuation of BLKB can be described as correct.
85.51% of the companies in the same industry are more expensive than BLKB, based on the Price/Forward Earnings ratio.
BLKB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.3 | ||
| Fwd PE | 12.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BLKB is valued cheaply inside the industry as 83.70% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BLKB is valued cheaper than 87.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.59 | ||
| EV/EBITDA | 15.02 |
4.3 Compensation for Growth
The 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%
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 | 15.02 |
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
WACC10.68%
ROIC/WACC1.07
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.