BLACKBERRY LTD (BB) Fundamental Analysis & Valuation
NYSE:BB • CA09228F1036
3.445 USD
+0 (+0.15%)
Last: Mar 9, 2026, 11:51 AM
This BB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall BB gets a fundamental rating of 4 out of 10. We evaluated BB against 277 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 has a decent growth rate and is not valued too expensively.
1. BB Profitability Analysis
1.1 Basic Checks
- BB had positive earnings in the past year.
- BB had a positive operating cash flow in the past year.
- BB had negative earnings in 4 of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: BB reported negative operating cash flow in multiple years.
1.2 Ratios
- The Return On Assets of BB (1.80%) is better than 63.18% of its industry peers.
- The Return On Equity of BB (2.96%) is better than 63.90% of its industry peers.
- The Return On Invested Capital of BB (4.20%) is better than 71.48% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BB is significantly below the industry average of 10.84%.
| Industry Rank | Sector 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
1.3 Margins
- With a decent Profit Margin value of 4.08%, BB is doing good in the industry, outperforming 64.98% of the companies in the same industry.
- BB's Operating Margin of 9.55% is fine compared to the rest of the industry. BB outperforms 76.17% of its industry peers.
- The Gross Margin of BB (74.99%) is better than 66.43% 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. BB Health Analysis
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
- Compared to 5 years ago, BB has more shares outstanding
- The debt/assets ratio for BB is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.89, we must say that BB is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.89, BB is not doing good in the industry: 63.54% of the companies in the same industry are doing better.
- 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.
- The Debt to FCF ratio of BB (5.16) 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.
- BB has a Debt to Equity ratio (0.26) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.16 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.42
WACC9.94%
2.3 Liquidity
- A Current Ratio of 2.14 indicates that BB has no problem at all paying its short term obligations.
- BB's Current ratio of 2.14 is fine compared to the rest of the industry. BB outperforms 60.29% 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 has a Quick ratio of 2.14. This is in the better half of the industry: BB outperforms 60.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
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.
- 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.
- The Revenue for BB has decreased by -11.24% in the past year. This is quite bad
- Measured over the past years, BB shows a very negative growth in Revenue. The Revenue has been decreasing by -12.45% on average per year.
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 4.44% 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-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.
4. BB Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 24.61 indicates a rather expensive valuation of BB.
- BB's Price/Earnings ratio is a bit cheaper when compared to the industry. BB is cheaper than 64.26% of the companies in the same industry.
- BB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.29.
- BB is valuated rather expensively with a Price/Forward Earnings ratio of 19.67.
- BB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BB is cheaper than 67.15% 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 24.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.61 | ||
| Fwd PE | 19.67 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BB is valued a bit cheaper than the industry average as 70.40% of the companies are valued more expensively.
- BB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.5 | ||
| EV/EBITDA | 26.48 |
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.
- BB's earnings are expected to grow with 118.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y195.89%
EPS Next 3Y118.48%
5. BB Dividend Analysis
5.1 Amount
- BB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BB Fundamentals: All Metrics, Ratios and Statistics
NYSE:BB (3/9/2026, 11:51:54 AM)
3.445
+0 (+0.15%)
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 Change-3.69%
Ins Owners0.21%
Ins Owner Change4.28%
Market Cap2.03B
Revenue(TTM)537.00M
Net Income(TTM)21.90M
Analysts47.69
Price Target3.25 (-5.66%)
Short Float %3.95%
Short Ratio2.92
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)-0.18%
PT rev (3m)-1.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.5%
EPS NY rev (1m)0%
EPS NY rev (3m)7.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0.91%
Revenue NY rev (3m)1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.61 | ||
| Fwd PE | 19.67 | ||
| P/S | 3.79 | ||
| P/FCF | 53.5 | ||
| P/OCF | 44.49 | ||
| P/B | 2.74 | ||
| P/tB | 9.15 | ||
| EV/EBITDA | 26.48 |
EPS(TTM)0.14
EY4.06%
EPS(NY)0.18
Fwd EY5.08%
FCF(TTM)0.06
FCFY1.87%
OCF(TTM)0.08
OCFY2.25%
SpS0.91
BVpS1.26
TBVpS0.38
PEG (NY)0.04
PEG (5Y)N/A
Graham Number1.99
Profitability
| Industry Rank | Sector 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 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 | 0.89 |
F-Score7
WACC9.94%
ROIC/WACC0.42
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 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.
What is the profitability of BB stock?
BLACKBERRY LTD (BB) has a profitability rating of 4 / 10.
Can you provide the financial health for BB stock?
The financial health rating of BLACKBERRY LTD (BB) is 4 / 10.