BLACKBERRY LTD (BB) Fundamental Analysis & Valuation

NYSE:BB • CA09228F1036

Current stock price

3.46 USD
+0.1 (+2.98%)
At close:
3.48 USD
+0.02 (+0.58%)
After Hours:

This BB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. BB Profitability Analysis

1.1 Basic Checks

  • In the past year BB was profitable.
  • BB had a positive operating cash flow in the past year.
  • 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.
BB Yearly Net Income VS EBIT VS OCF VS FCFBB 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 2025 0 500M -500M -1B

1.2 Ratios

  • With a decent Return On Assets value of 1.80%, BB is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 2.96%, BB is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 4.20%, BB is doing good in the industry, outperforming 71.64% of the companies in the same industry.
  • BB had an Average Return On Invested Capital over the past 3 years of 5.23%. This is significantly below the industry average of 10.93%.
Industry RankSector Rank
ROA 1.8%
ROE 2.96%
ROIC 4.2%
ROA(3y)-19.72%
ROA(5y)-19.58%
ROE(3y)-37.82%
ROE(5y)-37.22%
ROIC(3y)5.23%
ROIC(5y)N/A
BB Yearly ROA, ROE, ROICBB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -20 -40 -60 -80

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.08%, BB is in the better half of the industry, outperforming 65.45% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 9.55%, BB is in the better half of the industry, outperforming 76.00% of the companies in the same industry.
  • Looking at the Gross Margin, with a value of 74.99%, BB is in the better half of the industry, outperforming 67.27% of the companies in the same industry.
  • BB's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
BB Yearly Profit, Operating, Gross MarginsBB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. BB Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BB is destroying value.
  • The number of shares outstanding for BB has been increased compared to 1 year ago.
  • The number of shares outstanding for BB has been increased compared to 5 years ago.
  • Compared to 1 year ago, BB has a worse debt to assets ratio.
BB Yearly Shares OutstandingBB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
BB Yearly Total Debt VS Total AssetsBB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

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.
  • BB has a worse Altman-Z score (0.90) than 60.36% of its industry peers.
  • The Debt to FCF ratio of BB is 5.16, which is a neutral value as it means it would take BB, 5.16 years of fcf income to pay off all of its debts.
  • BB has a Debt to FCF ratio (5.16) which is comparable to the rest of the industry.
  • 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 41.45% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 5.16
Altman-Z 0.9
ROIC/WACC0.43
WACC9.76%
BB Yearly LT Debt VS Equity VS FCFBB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

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.
  • The Current ratio of BB (2.14) is better than 61.45% 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.
  • Looking at the Quick ratio, with a value of 2.14, BB is in the better half of the industry, outperforming 61.82% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.14
Quick Ratio 2.14
BB Yearly Current Assets VS Current LiabilitesBB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. BB Growth Analysis

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.
  • BB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -31.23% yearly.
  • The Revenue for BB has decreased by -11.24% in the past year. This is quite bad
  • 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

  • The Earnings Per Share is expected to grow by 69.29% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, BB will show a small growth in Revenue. The Revenue will grow by 4.44% on average per year.
EPS Next Y657.77%
EPS Next 2Y195.89%
EPS Next 3Y118.48%
EPS Next 5Y69.29%
Revenue Next Year-1.73%
Revenue Next 2Y2.84%
Revenue Next 3Y4.44%
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.
BB Yearly Revenue VS EstimatesBB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
BB Yearly EPS VS EstimatesBB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 0.2 -0.2 0.4

More info and screens

Find the best growth stocksShow best growing peers

5

4. BB Valuation Analysis

4.1 Price/Earnings Ratio

  • BB is valuated rather expensively with a Price/Earnings ratio of 24.71.
  • 61.09% of the companies in the same industry are more expensive than BB, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 25.60. BB is around the same levels.
  • A Price/Forward Earnings ratio of 19.76 indicates a rather expensive valuation of BB.
  • Based on the Price/Forward Earnings ratio, BB is valued a bit cheaper than 64.00% of the companies in the same industry.
  • BB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.84, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 24.71
Fwd PE 19.76
BB Price Earnings VS Forward Price EarningsBB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BB indicates a somewhat cheap valuation: BB is cheaper than 68.73% of the companies listed in the same industry.
  • BB's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 53.73
EV/EBITDA 26.65
BB Per share dataBB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

  • The 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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. BB Dividend Analysis

5.1 Amount

  • BB does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BB Fundamentals: All Metrics, Ratios and Statistics

BLACKBERRY LTD

NYSE:BB (4/2/2026, 8:09:14 PM)

After market: 3.48 +0.02 (+0.58%)

3.46

+0.1 (+2.98%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)12-18
Earnings (Next)04-09
Inst Owners48.41%
Inst Owner Change-3.69%
Ins Owners0.26%
Ins Owner Change3.93%
Market Cap2.04B
Revenue(TTM)537.00M
Net Income(TTM)21.90M
Analysts47.69
Price Target3.25 (-6.07%)
Short Float %4.41%
Short Ratio3.59
Dividend
Industry RankSector 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)-0.18%
PT rev (3m)-2.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)1.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0.91%
Revenue NY rev (3m)0.91%
Valuation
Industry RankSector Rank
PE 24.71
Fwd PE 19.76
P/S 3.8
P/FCF 53.73
P/OCF 44.68
P/B 2.76
P/tB 9.19
EV/EBITDA 26.65
EPS(TTM)0.14
EY4.05%
EPS(NY)0.18
Fwd EY5.06%
FCF(TTM)0.06
FCFY1.86%
OCF(TTM)0.08
OCFY2.24%
SpS0.91
BVpS1.26
TBVpS0.38
PEG (NY)0.04
PEG (5Y)N/A
Graham Number1.99
Profitability
Industry RankSector Rank
ROA 1.8%
ROE 2.96%
ROCE 5.32%
ROIC 4.2%
ROICexc 6.13%
ROICexgc 28.52%
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)5.23%
ROIC(5y)N/A
ROICexc(3y)8.17%
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 RankSector 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
WACC9.76%
ROIC/WACC0.43
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-1.73%
Revenue Next 2Y2.84%
Revenue Next 3Y4.44%
Revenue Next 5YN/A
EBIT growth 1Y385%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year289.52%
EBIT Next 3Y74.01%
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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for BLACKBERRY LTD?

ChartMill assigns a fundamental rating of 4 / 10 to BB.


Can you provide the valuation status for BLACKBERRY LTD?

ChartMill assigns a valuation rating of 5 / 10 to BLACKBERRY LTD (BB). This can be considered as Fairly Valued.


How profitable is BLACKBERRY LTD (BB) stock?

BLACKBERRY LTD (BB) has a profitability rating of 4 / 10.


How financially healthy is BLACKBERRY LTD?

The financial health rating of BLACKBERRY LTD (BB) is 4 / 10.


What is the expected EPS growth for BLACKBERRY LTD (BB) stock?

The Earnings per Share (EPS) of BLACKBERRY LTD (BB) is expected to grow by 657.77% in the next year.