54.86 USD
+1.37 (+2.56%)
54.86 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to BL. BL was compared to 281 industry peers in the Software industry. While BL is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In multiple years BL reported negative net income over the last 5 years.
In the past 5 years BL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BL (4.87%) is better than 73.67% of its industry peers.
With an excellent Return On Equity value of 21.10%, BL belongs to the best of the industry, outperforming 88.26% of the companies in the same industry.
BL has a better Return On Invested Capital (2.23%) than 66.90% 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
BL's Profit Margin of 12.95% is fine compared to the rest of the industry. BL outperforms 74.73% of its industry peers.
BL has a Operating Margin of 4.80%. This is in the better half of the industry: BL outperforms 67.62% of its industry peers.
BL has a Gross Margin of 75.37%. This is in the better half 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
BL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
BL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BL has been increased compared to 5 years ago.
BL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.12 indicates that BL is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.12, BL perfoms like the industry average, outperforming 53.38% 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.
BL has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.61, BL is doing worse than 79.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 6.21 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.23
WACC9.65%
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.
The Current ratio of BL (1.64) is comparable to the rest of the 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.
With a Quick ratio value of 1.64, BL perfoms like the industry average, outperforming 53.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The earnings per share for BL have decreased strongly by -17.84% in the last year.
Measured over the past years, BL shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.21% on average per year.
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.
The Revenue is expected to grow by 9.26% on average over the next years. This is quite good.
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
BL is valuated quite expensively with a Price/Earnings ratio of 27.71.
Based on the Price/Earnings ratio, BL is valued a bit cheaper than 65.84% of the companies in the same industry.
BL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 22.77, which indicates a rather expensive current valuation of BL.
70.11% of the companies in the same industry are more expensive than BL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, BL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.71 | ||
| Fwd PE | 22.77 |
4.2 Price Multiples
BL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BL is cheaper than 66.55% of the companies in the same industry.
BL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BL is cheaper than 75.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.58 | ||
| EV/EBITDA | 36.69 |
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)26.02
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 |
54.86
+1.37 (+2.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.04%
Inst Owner Change-4.53%
Ins Owners8.61%
Ins Owner Change-1.39%
Market Cap3.40B
Revenue(TTM)653.34M
Net Income(TTM)87.35M
Analysts75.65
Price Target62.81 (14.49%)
Short Float %12.13%
Short Ratio6.62
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 | 27.71 | ||
| Fwd PE | 22.77 | ||
| P/S | 5.04 | ||
| P/FCF | 23.58 | ||
| P/OCF | 18.97 | ||
| P/B | 8.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 36.69 |
EPS(TTM)1.98
EY3.61%
EPS(NY)2.41
Fwd EY4.39%
FCF(TTM)2.33
FCFY4.24%
OCF(TTM)2.89
OCFY5.27%
SpS10.9
BVpS6.69
TBVpS-2.18
PEG (NY)26.02
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 | 2.12 |
F-Score7
WACC9.65%
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 27.71 and the Price/Book (PB) ratio is 8.2.
How financially healthy is BLACKLINE INC?
The financial health rating of BLACKLINE INC (BL) is 3 / 10.