BLACKBERRY LTD (BB.CA) Stock Fundamental Analysis
TSX:BB • CA09228F1036
4.66 CAD
-0.05 (-1.06%)
Last: Feb 17, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to BB. BB was compared to 69 industry peers in the Software industry. Both the profitability and the financial health of BB get a neutral evaluation. Nothing too spectacular is happening here. BB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year BB was profitable.
- In the past year BB had a positive cash flow from operations.
- In the past 5 years BB reported 4 times negative net income.
- In multiple years BB reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of BB (1.80%) is better than 63.77% of its industry peers.
- BB has a Return On Equity of 2.96%. This is in the better half of the industry: BB outperforms 66.67% of its industry peers.
- BB has a better Return On Invested Capital (3.83%) than 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BB is significantly below the industry average of 12.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 2.96% | ||
| ROIC | 3.83% |
ROA(3y)-19.72%
ROA(5y)-19.58%
ROE(3y)-37.82%
ROE(5y)-37.22%
ROIC(3y)4.77%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 4.08%, BB is in the better half of the industry, outperforming 72.46% of the companies in the same industry.
- BB has a Operating Margin of 9.55%. This is in the better half of the industry: BB outperforms 71.01% of its industry peers.
- BB has a Gross Margin of 74.99%. This is in the better half of the industry: BB outperforms 79.71% of its industry peers.
- In the last couple of years the Gross Margin of BB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.55% | ||
| PM (TTM) | 4.08% | ||
| GM | 74.99% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.31%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BB is destroying value.
- Compared to 1 year ago, BB has more shares outstanding
- The number of shares outstanding for BB has been increased compared to 5 years ago.
- The debt/assets ratio for BB is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.90, we must say that BB is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.90, BB perfoms like the industry average, outperforming 44.93% of the companies in the same industry.
- BB has a debt to FCF ratio of 5.16. This is a neutral value as BB would need 5.16 years to pay back of all of its debts.
- The Debt to FCF ratio of BB (5.16) is better than 68.12% of its industry peers.
- BB has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.26, BB perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.16 | ||
| Altman-Z | 0.9 |
ROIC/WACC0.38
WACC10.12%
2.3 Liquidity
- BB has a Current Ratio of 2.14. This indicates that BB is financially healthy and has no problem in meeting its short term obligations.
- BB has a better Current ratio (2.14) than 71.01% of its industry peers.
- BB has a Quick Ratio of 2.14. This indicates that BB is financially healthy and has no problem in meeting its short term obligations.
- BB's Quick ratio of 2.14 is fine compared to the rest of the industry. BB outperforms 71.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
- BB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 600.00%, which is quite impressive.
- Measured over the past years, BB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -31.23% on average per year.
- Looking at the last year, BB shows a very negative growth in Revenue. The Revenue has decreased by -11.24% in the last year.
- The Revenue for BB have been decreasing by -12.45% on average. This is quite bad
EPS 1Y (TTM)600%
EPS 3YN/A
EPS 5Y-31.23%
EPS Q2Q%150%
Revenue 1Y (TTM)-11.24%
Revenue growth 3Y-9.35%
Revenue growth 5Y-12.45%
Sales Q2Q%-12.47%
3.2 Future
- BB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 69.29% yearly.
- The Revenue is expected to grow by 3.62% on average over the next years.
EPS Next Y657.77%
EPS Next 2Y195.89%
EPS Next 3Y118.48%
EPS Next 5Y69.29%
Revenue Next Year-2.61%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 24.53, the valuation of BB can be described as rather expensive.
- 73.91% of the companies in the same industry are more expensive than BB, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of BB to the average of the S&P500 Index (27.16), we can say BB is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 19.53, the valuation of BB can be described as rather expensive.
- BB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BB is cheaper than 69.57% of the companies in the same industry.
- BB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.53 | ||
| Fwd PE | 19.53 |
4.2 Price Multiples
- BB's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, BB is valued a bit cheaper than 63.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.11 | ||
| EV/EBITDA | 26.62 |
4.3 Compensation for Growth
- BB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as BB's earnings are expected to grow with 118.48% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y195.89%
EPS Next 3Y118.48%
5. Dividend
5.1 Amount
- No dividends for BB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:BB (2/17/2026, 7:00:00 PM)
4.66
-0.05 (-1.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)12-18 2025-12-18/amc
Earnings (Next)04-09 2026-04-09/amc
Inst Owners50.29%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap2.75B
Revenue(TTM)537.00M
Net Income(TTM)21.90M
Analysts47.69
Price Target4.46 (-4.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)119.21%
Min EPS beat(2)27.75%
Max EPS beat(2)210.68%
EPS beat(4)4
Avg EPS beat(4)252.33%
Min EPS beat(4)27.75%
Max EPS beat(4)676.7%
EPS beat(8)8
Avg EPS beat(8)197.18%
EPS beat(12)12
Avg EPS beat(12)168.18%
EPS beat(16)16
Avg EPS beat(16)138.16%
Revenue beat(2)1
Avg Revenue beat(2)1.26%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)3.09%
Revenue beat(4)3
Avg Revenue beat(4)2.85%
Min Revenue beat(4)-0.57%
Max Revenue beat(4)5.32%
Revenue beat(8)6
Avg Revenue beat(8)6.8%
Revenue beat(12)7
Avg Revenue beat(12)14.36%
Revenue beat(16)8
Avg Revenue beat(16)10.32%
PT rev (1m)-2.72%
PT rev (3m)-2.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.5%
EPS NY rev (1m)1.98%
EPS NY rev (3m)7.29%
Revenue NQ rev (1m)-1.11%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.53 | ||
| Fwd PE | 19.53 | ||
| P/S | 3.76 | ||
| P/FCF | 53.11 | ||
| P/OCF | 44.16 | ||
| P/B | 2.72 | ||
| P/tB | 9.08 | ||
| EV/EBITDA | 26.62 |
EPS(TTM)0.19
EY4.08%
EPS(NY)0.24
Fwd EY5.12%
FCF(TTM)0.09
FCFY1.88%
OCF(TTM)0.11
OCFY2.26%
SpS1.24
BVpS1.71
TBVpS0.51
PEG (NY)0.04
PEG (5Y)N/A
Graham Number2.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 2.96% | ||
| ROCE | 5.32% | ||
| ROIC | 3.83% | ||
| ROICexc | 5.59% | ||
| ROICexgc | 25.99% | ||
| OM | 9.55% | ||
| PM (TTM) | 4.08% | ||
| GM | 74.99% | ||
| FCFM | 7.08% |
ROA(3y)-19.72%
ROA(5y)-19.58%
ROE(3y)-37.82%
ROE(5y)-37.22%
ROIC(3y)4.77%
ROIC(5y)N/A
ROICexc(3y)7.45%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.62%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.31%
GM growth 5Y-0.01%
F-Score7
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.16 | ||
| Debt/EBITDA | 2.75 | ||
| Cap/Depr | 38.5% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 9.33 | ||
| Cash Conversion | 64.1% | ||
| Profit Quality | 173.52% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 | ||
| Altman-Z | 0.9 |
F-Score7
WACC10.12%
ROIC/WACC0.38
Cap/Depr(3y)32.41%
Cap/Depr(5y)28.32%
Cap/Sales(3y)4.15%
Cap/Sales(5y)4.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)600%
EPS 3YN/A
EPS 5Y-31.23%
EPS Q2Q%150%
EPS Next Y657.77%
EPS Next 2Y195.89%
EPS Next 3Y118.48%
EPS Next 5Y69.29%
Revenue 1Y (TTM)-11.24%
Revenue growth 3Y-9.35%
Revenue growth 5Y-12.45%
Sales Q2Q%-12.47%
Revenue Next Year-2.61%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
Revenue Next 5YN/A
EBIT growth 1Y385%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year289.9%
EBIT Next 3Y74.69%
EBIT Next 5Y49.18%
FCF growth 1Y240.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2185%
OCF growth 3YN/A
OCF growth 5Y-8.69%
BLACKBERRY LTD / BB.CA FAQ
Can you provide the ChartMill fundamental rating for BLACKBERRY LTD?
ChartMill assigns a fundamental rating of 4 / 10 to BB.CA.
Can you provide the valuation status for BLACKBERRY LTD?
ChartMill assigns a valuation rating of 5 / 10 to BLACKBERRY LTD (BB.CA). This can be considered as Fairly Valued.
What is the profitability of BB stock?
BLACKBERRY LTD (BB.CA) has a profitability rating of 4 / 10.
Can you provide the financial health for BB stock?
The financial health rating of BLACKBERRY LTD (BB.CA) is 5 / 10.