BLACKBAUD INC (BLKB) Fundamental Analysis & Valuation
NASDAQ:BLKB • US09227Q1004
Current stock price
38.76 USD
+0.25 (+0.65%)
At close:
38.6701 USD
-0.09 (-0.23%)
After Hours:
This BLKB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BLKB Profitability Analysis
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.
- BLKB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of BLKB (4.81%) is better than 72.69% of its industry peers.
- With an excellent Return On Equity value of 135.24%, BLKB belongs to the best of the industry, outperforming 98.52% of the companies in the same industry.
- BLKB has a better Return On Invested Capital (13.78%) than 90.41% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BLKB is below the industry average of 10.91%.
- The last Return On Invested Capital (13.78%) for BLKB is above the 3 year average (8.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 135.24% | ||
| ROIC | 13.78% |
ROA(3y)-2.38%
ROA(5y)-1.69%
ROE(3y)-33.58%
ROE(5y)-21.21%
ROIC(3y)8.59%
ROIC(5y)N/A
1.3 Margins
- BLKB has a better Profit Margin (10.19%) than 74.54% of its industry peers.
- BLKB's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 16.91%, BLKB belongs to the top of the industry, outperforming 84.50% 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 (58.79%) is worse than 63.47% of its industry peers.
- BLKB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.91% | ||
| PM (TTM) | 10.19% | ||
| GM | 58.79% |
OM growth 3YN/A
OM growth 5Y30.11%
PM growth 3YN/A
PM growth 5Y64.6%
GM growth 3Y4.02%
GM growth 5Y2.04%
2. BLKB Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BLKB is creating some value.
- BLKB has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BLKB has less shares outstanding
- The debt/assets ratio for BLKB is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.08, we must say that BLKB is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.08, BLKB is not doing good in the industry: 61.25% of the companies in the same industry are doing better.
- The Debt to FCF ratio of BLKB is 5.45, which is a neutral value as it means it would take BLKB, 5.45 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.45, BLKB is in line with its industry, outperforming 54.24% of the companies in the same industry.
- BLKB has a Debt/Equity ratio of 12.78. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of BLKB (12.78) is worse than 86.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.78 | ||
| Debt/FCF | 5.45 | ||
| Altman-Z | 1.08 |
ROIC/WACC1.3
WACC10.57%
2.3 Liquidity
- BLKB has a Current Ratio of 0.79. 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 Current ratio (0.79) than 85.98% of its industry peers.
- A Quick Ratio of 0.79 indicates that BLKB may have some problems paying its short term obligations.
- BLKB has a worse Quick ratio (0.79) than 84.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. BLKB Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 9.31% over the past year.
- The Earnings Per Share has been growing by 8.69% on average over the past years. This is quite good.
- Looking at the last year, BLKB shows a decrease in Revenue. The Revenue has decreased by -2.34% in the last year.
- The Revenue has been growing slightly by 4.32% on average over the past years.
EPS 1Y (TTM)9.31%
EPS 3Y18.36%
EPS 5Y8.69%
EPS Q2Q%10.19%
Revenue 1Y (TTM)-2.34%
Revenue growth 3Y2.17%
Revenue growth 5Y4.32%
Sales Q2Q%-2.31%
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 12.36% on average per year.
- The Revenue is expected to grow by 3.94% on average over the next years.
EPS Next Y18.79%
EPS Next 2Y15.75%
EPS Next 3Y11.37%
EPS Next 5Y12.36%
Revenue Next Year4.35%
Revenue Next 2Y4.3%
Revenue Next 3Y4.07%
Revenue Next 5Y3.94%
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 accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. BLKB Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 8.69, which indicates a very decent valuation of BLKB.
- Compared to the rest of the industry, the Price/Earnings ratio of BLKB indicates a rather cheap valuation: BLKB is cheaper than 89.67% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.87. BLKB is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 7.32, which indicates a rather cheap valuation of BLKB.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BLKB indicates a rather cheap valuation: BLKB is cheaper than 89.30% of the companies listed in the same industry.
- BLKB is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.69 | ||
| Fwd PE | 7.32 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BLKB indicates a rather cheap valuation: BLKB is cheaper than 87.08% of the companies listed in the same industry.
- 91.51% 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 | 8.75 | ||
| EV/EBITDA | 10.21 |
4.3 Compensation for Growth
- BLKB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- BLKB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)1
EPS Next 2Y15.75%
EPS Next 3Y11.37%
5. BLKB Dividend Analysis
5.1 Amount
- No dividends for BLKB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BLKB Fundamentals: All Metrics, Ratios and Statistics
38.76
+0.25 (+0.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners78.66%
Inst Owner Change-0.02%
Ins Owners2.43%
Ins Owner Change8.44%
Market Cap1.78B
Revenue(TTM)1.13B
Net Income(TTM)115.03M
Analysts76
Price Target57.38 (48.04%)
Short Float %7.01%
Short Ratio4.1
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)1.79%
Min EPS beat(2)0.79%
Max EPS beat(2)2.79%
EPS beat(4)4
Avg EPS beat(4)5.2%
Min EPS beat(4)0.79%
Max EPS beat(4)12.34%
EPS beat(8)6
Avg EPS beat(8)1.96%
EPS beat(12)10
Avg EPS beat(12)3.34%
EPS beat(16)13
Avg EPS beat(16)3.56%
Revenue beat(2)0
Avg Revenue beat(2)-1.15%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)-0.97%
Revenue beat(4)0
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-1.33%
Max Revenue beat(4)-0.22%
Revenue beat(8)0
Avg Revenue beat(8)-2.01%
Revenue beat(12)0
Avg Revenue beat(12)-2.12%
Revenue beat(16)0
Avg Revenue beat(16)-2.1%
PT rev (1m)0%
PT rev (3m)-23.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.62%
EPS NY rev (1m)0%
EPS NY rev (3m)5.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.69 | ||
| Fwd PE | 7.32 | ||
| P/S | 1.58 | ||
| P/FCF | 8.75 | ||
| P/OCF | 6.7 | ||
| P/B | 20.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.21 |
EPS(TTM)4.46
EY11.51%
EPS(NY)5.3
Fwd EY13.67%
FCF(TTM)4.43
FCFY11.43%
OCF(TTM)5.78
OCFY14.92%
SpS24.57
BVpS1.85
TBVpS-23.48
PEG (NY)0.46
PEG (5Y)1
Graham Number13.6319 (-64.83%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 135.24% | ||
| ROCE | 15.79% | ||
| ROIC | 13.78% | ||
| ROICexc | 14.29% | ||
| ROICexgc | 13202.6% | ||
| OM | 16.91% | ||
| PM (TTM) | 10.19% | ||
| GM | 58.79% | ||
| FCFM | 18.04% |
ROA(3y)-2.38%
ROA(5y)-1.69%
ROE(3y)-33.58%
ROE(5y)-21.21%
ROIC(3y)8.59%
ROIC(5y)N/A
ROICexc(3y)8.98%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.85%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y212.3%
ROICexc growth 3YN/A
ROICexc growth 5Y31.52%
OM growth 3YN/A
OM growth 5Y30.11%
PM growth 3YN/A
PM growth 5Y64.6%
GM growth 3Y4.02%
GM growth 5Y2.04%
F-Score8
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.78 | ||
| Debt/FCF | 5.45 | ||
| Debt/EBITDA | 3.92 | ||
| Cap/Depr | 71.92% | ||
| Cap/Sales | 5.49% | ||
| Interest Coverage | 2.91 | ||
| Cash Conversion | 95.85% | ||
| Profit Quality | 176.95% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.08 |
F-Score8
WACC10.57%
ROIC/WACC1.3
Cap/Depr(3y)61.91%
Cap/Depr(5y)63.7%
Cap/Sales(3y)5.71%
Cap/Sales(5y)5.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.31%
EPS 3Y18.36%
EPS 5Y8.69%
EPS Q2Q%10.19%
EPS Next Y18.79%
EPS Next 2Y15.75%
EPS Next 3Y11.37%
EPS Next 5Y12.36%
Revenue 1Y (TTM)-2.34%
Revenue growth 3Y2.17%
Revenue growth 5Y4.32%
Sales Q2Q%-2.31%
Revenue Next Year4.35%
Revenue Next 2Y4.3%
Revenue Next 3Y4.07%
Revenue Next 5Y3.94%
EBIT growth 1Y41.51%
EBIT growth 3YN/A
EBIT growth 5Y35.74%
EBIT Next Year26.7%
EBIT Next 3Y-3.59%
EBIT Next 5YN/A
FCF growth 1Y-11.02%
FCF growth 3Y15.3%
FCF growth 5Y21.71%
OCF growth 1Y-10.28%
OCF growth 3Y9.21%
OCF growth 5Y12.4%
BLACKBAUD INC / BLKB Fundamental Analysis FAQ
What is the fundamental rating for BLKB stock?
ChartMill assigns a fundamental rating of 5 / 10 to BLKB.
Can you provide the valuation status for BLACKBAUD INC?
ChartMill assigns a valuation rating of 9 / 10 to BLACKBAUD INC (BLKB). This can be considered as Undervalued.
How profitable is BLACKBAUD INC (BLKB) stock?
BLACKBAUD INC (BLKB) has a profitability rating of 7 / 10.
What are the PE and PB ratios of BLACKBAUD INC (BLKB) stock?
The Price/Earnings (PE) ratio for BLACKBAUD INC (BLKB) is 8.69 and the Price/Book (PB) ratio is 20.93.
How sustainable is the dividend of BLACKBAUD INC (BLKB) stock?
The dividend rating of BLACKBAUD INC (BLKB) is 0 / 10 and the dividend payout ratio is 0%.