BLACKBAUD INC (BLKB) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:BLKB • US09227Q1004

53.7 USD
+0.39 (+0.73%)
At close: Jan 30, 2026
53.7 USD
0 (0%)
After Hours: 1/30/2026, 4:30:02 PM
Fundamental Rating

3

Overall BLKB gets a fundamental rating of 3 out of 10. We evaluated BLKB against 278 industry peers in the Software industry. There are concerns on the financial health of BLKB while its profitability can be described as average. BLKB is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BLKB had positive earnings in the past year.
  • BLKB had a positive operating cash flow in the past year.
  • In multiple years BLKB reported negative net income over the last 5 years.
  • Each year in the past 5 years BLKB had a positive operating cash flow.
BLKB Yearly Net Income VS EBIT VS OCF VS FCFBLKB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -11.99%, BLKB is doing worse than 66.19% of the companies in the same industry.
  • BLKB's Return On Equity of -233.32% is on the low side compared to the rest of the industry. BLKB is outperformed by 84.89% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 11.42%, BLKB belongs to the top of the industry, outperforming 87.41% of the companies in the same industry.
Industry RankSector 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
BLKB Yearly ROA, ROE, ROICBLKB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150

1.3 Margins

  • The Operating Margin of BLKB (14.96%) is better than 81.65% of its industry peers.
  • BLKB's Operating Margin has improved in the last couple of years.
  • The Gross Margin of BLKB (57.73%) is worse than 64.39% of its industry peers.
  • BLKB's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
BLKB Yearly Profit, Operating, Gross MarginsBLKB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

2

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.
  • BLKB has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for BLKB has been increased compared to 5 years ago.
  • Compared to 1 year ago, BLKB has a worse debt to assets ratio.
BLKB Yearly Shares OutstandingBLKB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
BLKB Yearly Total Debt VS Total AssetsBLKB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • BLKB has an Altman-Z score of 1.39. This is a bad value and indicates that BLKB is not financially healthy and even has some risk of bankruptcy.
  • BLKB's Altman-Z score of 1.39 is in line compared to the rest of the industry. BLKB outperforms 43.17% 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.
  • With a Debt to FCF ratio value of 4.86, BLKB perfoms like the industry average, outperforming 57.19% 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.
  • With a Debt to Equity ratio value of 9.63, BLKB is not doing good in the industry: 88.13% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 9.63
Debt/FCF 4.86
Altman-Z 1.39
ROIC/WACC1.06
WACC10.77%
BLKB Yearly LT Debt VS Equity VS FCFBLKB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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.
  • With a Current ratio value of 0.69, BLKB is not doing good in the industry: 88.49% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.69, BLKB is doing worse than 88.49% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.69
Quick Ratio 0.69
BLKB Yearly Current Assets VS Current LiabilitesBLKB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

3

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%.
  • Measured over the past years, BLKB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.74% on average per year.
  • 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

  • The Earnings Per Share is expected to grow by 8.63% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y10.5%
EPS Next 2Y10.34%
EPS Next 3Y9.85%
EPS Next 5Y8.63%
Revenue Next Year-2.63%
Revenue Next 2Y0.76%
Revenue Next 3Y1.94%
Revenue Next 5Y3.11%

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.
BLKB Yearly Revenue VS EstimatesBLKB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
BLKB Yearly EPS VS EstimatesBLKB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.34 indicates a correct valuation of BLKB.
  • Based on the Price/Earnings ratio, BLKB is valued cheaply inside the industry as 85.61% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 28.39. BLKB is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 10.81, which indicates a very decent valuation of BLKB.
  • BLKB's Price/Forward Earnings ratio is rather cheap when compared to the industry. BLKB is cheaper than 86.33% of the companies in the same industry.
  • BLKB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.34
Fwd PE 10.81
BLKB Price Earnings VS Forward Price EarningsBLKB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • BLKB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BLKB is cheaper than 83.81% of the companies in the same industry.
  • BLKB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BLKB is cheaper than 88.85% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.73
EV/EBITDA 13.48
BLKB Per share dataBLKB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

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)1.18
PEG (5Y)0.97
EPS Next 2Y10.34%
EPS Next 3Y9.85%

0

5. Dividend

5.1 Amount

  • BLKB does not give a dividend.
Industry RankSector 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 12.34 and the Price/Book (PB) ratio is 23.74.


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 10.5% in the next year.