BLACKLINE INC (BL) Stock Fundamental Analysis
USA - NASDAQ:BL - US09239B1098 - Common Stock
54.67 USD
-0.77 (-1.39%)
54.67 USD
0 (0%)
BL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 281 industry peers in the Software industry. There are concerns on the financial health of BL while its profitability can be described as average. BL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BL had positive earnings in the past year.
BL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BL reported negative net income in multiple years.
Each year in the past 5 years BL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.87%, BL is in the better half of the industry, outperforming 73.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of 21.10%, BL belongs to the top of the industry, outperforming 88.26% of the companies in the same industry.
The Return On Invested Capital of BL (2.23%) is better than 66.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 21.1% | ||
| ROIC | 2.23% |
ROA(3y)3.28%
ROA(5y)-0.14%
ROE(3y)10.02%
ROE(5y)-3.3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BL (12.95%) is better than 74.73% of its industry peers.
The Operating Margin of BL (4.80%) is better than 67.26% of its industry peers.
BL's Gross Margin of 75.37% is fine compared to the rest of the industry. BL outperforms 67.97% of its industry peers.
BL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.8% | ||
| PM (TTM) | 12.95% | ||
| GM | 75.37% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BL is destroying value.
BL has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BL has more shares outstanding
The debt/assets ratio for BL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.15 indicates that BL is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.15, BL is in line with its industry, outperforming 52.31% of the companies in the same industry.
The Debt to FCF ratio of BL is 6.21, which is on the high side as it means it would take BL, 6.21 years of fcf income to pay off all of its debts.
BL has a Debt to FCF ratio of 6.21. This is comparable to the rest of the industry: BL outperforms 54.80% of its industry peers.
A Debt/Equity ratio of 1.61 is on the high side and indicates that BL has dependencies on debt financing.
BL has a worse Debt to Equity ratio (1.61) than 79.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 6.21 | ||
| Altman-Z | 2.15 |
ROIC/WACC0.23
WACC9.63%
2.3 Liquidity
BL has a Current Ratio of 1.64. This is a normal value and indicates that BL is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.64, BL perfoms like the industry average, outperforming 51.60% of the companies in the same industry.
BL has a Quick Ratio of 1.64. This is a normal value and indicates that BL is financially healthy and should not expect problems in meeting its short term obligations.
BL's Quick ratio of 1.64 is in line compared to the rest of the industry. BL outperforms 53.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
BL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.84%.
The Earnings Per Share has been growing by 41.21% on average over the past years. This is a very strong growth
Looking at the last year, BL shows a quite strong growth in Revenue. The Revenue has grown by 10.74% in the last year.
The Revenue has been growing by 17.72% on average over the past years. This is quite good.
EPS 1Y (TTM)-17.84%
EPS 3Y55.72%
EPS 5Y41.21%
EPS Q2Q%-15%
Revenue 1Y (TTM)10.74%
Revenue growth 3Y15.35%
Revenue growth 5Y17.72%
Sales Q2Q%7.46%
3.2 Future
BL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.88% yearly.
BL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.26% yearly.
EPS Next Y1.06%
EPS Next 2Y4.9%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue Next Year7.41%
Revenue Next 2Y8.07%
Revenue Next 3Y9.26%
Revenue Next 5YN/A
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 decreasing.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.61, the valuation of BL can be described as expensive.
BL's Price/Earnings ratio is a bit cheaper when compared to the industry. BL is cheaper than 66.55% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, BL is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.69, the valuation of BL can be described as rather expensive.
BL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BL is cheaper than 69.75% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BL to the average of the S&P500 Index (34.59), we can say BL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 22.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BL is valued a bit cheaper than the industry average as 67.97% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BL indicates a somewhat cheap valuation: BL is cheaper than 76.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.5 | ||
| EV/EBITDA | 37.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BL does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)25.93
PEG (5Y)0.67
EPS Next 2Y4.9%
EPS Next 3Y9.88%
5. Dividend
5.1 Amount
BL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
54.67
-0.77 (-1.39%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.04%
Inst Owner Change-0.74%
Ins Owners8.61%
Ins Owner Change-1.19%
Market Cap3.38B
Revenue(TTM)653.34M
Net Income(TTM)87.35M
Analysts75.65
Price Target62.81 (14.89%)
Short Float %12.01%
Short Ratio8.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)10.73%
Min EPS beat(2)-2.94%
Max EPS beat(2)24.4%
EPS beat(4)2
Avg EPS beat(4)6.3%
Min EPS beat(4)-9.1%
Max EPS beat(4)24.4%
EPS beat(8)6
Avg EPS beat(8)13.92%
EPS beat(12)10
Avg EPS beat(12)40.18%
EPS beat(16)13
Avg EPS beat(16)96.56%
Revenue beat(2)0
Avg Revenue beat(2)-2.51%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)-2.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.13%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)-1.24%
Revenue beat(8)0
Avg Revenue beat(8)-1.97%
Revenue beat(12)0
Avg Revenue beat(12)-2.16%
Revenue beat(16)0
Avg Revenue beat(16)-2%
PT rev (1m)0%
PT rev (3m)5.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 22.69 | ||
| P/S | 5.02 | ||
| P/FCF | 23.5 | ||
| P/OCF | 18.9 | ||
| P/B | 8.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 37.6 |
EPS(TTM)1.98
EY3.62%
EPS(NY)2.41
Fwd EY4.41%
FCF(TTM)2.33
FCFY4.26%
OCF(TTM)2.89
OCFY5.29%
SpS10.9
BVpS6.69
TBVpS-2.18
PEG (NY)25.93
PEG (5Y)0.67
Graham Number17.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 21.1% | ||
| ROCE | 2.82% | ||
| ROIC | 2.23% | ||
| ROICexc | 8.78% | ||
| ROICexgc | N/A | ||
| OM | 4.8% | ||
| PM (TTM) | 12.95% | ||
| GM | 75.37% | ||
| FCFM | 21.35% |
ROA(3y)3.28%
ROA(5y)-0.14%
ROE(3y)10.02%
ROE(5y)-3.3%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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 3Y-0.78%
GM growth 5Y-1.12%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 6.21 | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 72.92% | ||
| Cap/Sales | 5.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 222.64% | ||
| Profit Quality | 164.85% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 2.15 |
F-Score7
WACC9.63%
ROIC/WACC0.23
Cap/Depr(3y)60.16%
Cap/Depr(5y)71.84%
Cap/Sales(3y)4.88%
Cap/Sales(5y)5.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.84%
EPS 3Y55.72%
EPS 5Y41.21%
EPS Q2Q%-15%
EPS Next Y1.06%
EPS Next 2Y4.9%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue 1Y (TTM)10.74%
Revenue growth 3Y15.35%
Revenue growth 5Y17.72%
Sales Q2Q%7.46%
Revenue Next Year7.41%
Revenue Next 2Y8.07%
Revenue Next 3Y9.26%
Revenue Next 5YN/A
EBIT growth 1Y21.09%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year46.5%
EBIT Next 3Y25.75%
EBIT Next 5YN/A
FCF growth 1Y108.42%
FCF growth 3Y42.38%
FCF growth 5Y52.28%
OCF growth 1Y83.87%
OCF growth 3Y33.6%
OCF growth 5Y45.08%
BLACKLINE INC / BL FAQ
What is the fundamental rating for BL stock?
ChartMill assigns a fundamental rating of 4 / 10 to BL.
What is the valuation status of BLACKLINE INC (BL) stock?
ChartMill assigns a valuation rating of 4 / 10 to BLACKLINE INC (BL). This can be considered as Fairly Valued.
Can you provide the profitability details for BLACKLINE INC?
BLACKLINE INC (BL) has a profitability rating of 5 / 10.
What are the PE and PB ratios of BLACKLINE INC (BL) stock?
The Price/Earnings (PE) ratio for BLACKLINE INC (BL) is 27.61 and the Price/Book (PB) ratio is 8.17.
How financially healthy is BLACKLINE INC?
The financial health rating of BLACKLINE INC (BL) is 3 / 10.