BLACKBAUD INC (BLKB) Stock Fundamental Analysis
USA - NASDAQ:BLKB - US09227Q1004 - Common Stock
57 USD
-2.58 (-4.33%)
57 USD
0 (0%)
Taking everything into account, BLKB scores 3 out of 10 in our fundamental rating. BLKB was compared to 284 industry peers in the Software industry. While BLKB is still in line with the averages on profitability rating, there are concerns on its financial health. BLKB is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BLKB had positive earnings in the past year.
BLKB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BLKB reported negative net income in multiple years.
In the past 5 years BLKB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BLKB (-11.99%) is worse than 64.79% of its industry peers.
BLKB has a worse Return On Equity (-233.32%) than 82.39% of its industry peers.
With an excellent Return On Invested Capital value of 11.42%, BLKB belongs to the best of the industry, outperforming 87.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.99% | ||
| ROE | -233.32% | ||
| ROIC | 11.42% |
ROA(3y)-4.27%
ROA(5y)-2.45%
ROE(3y)-68.43%
ROE(5y)-40.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of BLKB (14.96%) is better than 81.69% of its industry peers.
BLKB's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 57.73%, BLKB is not doing good in the industry: 63.03% of the companies in the same industry are doing better.
BLKB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.96% | ||
| PM (TTM) | N/A | ||
| GM | 57.73% |
OM growth 3Y55.49%
OM growth 5Y26.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.94%
GM growth 5Y0.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BLKB is creating some value.
Compared to 1 year ago, BLKB has less shares outstanding
BLKB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BLKB is higher compared to a year ago.
2.2 Solvency
BLKB has an Altman-Z score of 1.49. This is a bad value and indicates that BLKB is not financially healthy and even has some risk of bankruptcy.
BLKB's Altman-Z score of 1.49 is in line compared to the rest of the industry. BLKB outperforms 41.55% of its industry peers.
BLKB has a debt to FCF ratio of 4.86. This is a neutral value as BLKB would need 4.86 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.86, BLKB perfoms like the industry average, outperforming 58.80% of the companies in the same industry.
A Debt/Equity ratio of 9.63 is on the high side and indicates that BLKB has dependencies on debt financing.
The Debt to Equity ratio of BLKB (9.63) is worse than 84.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.63 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 1.49 |
ROIC/WACC1.06
WACC10.79%
2.3 Liquidity
A Current Ratio of 0.69 indicates that BLKB may have some problems paying its short term obligations.
With a Current ratio value of 0.69, BLKB is not doing good in the industry: 84.51% of the companies in the same industry are doing better.
BLKB has a Quick Ratio of 0.69. This is a bad value and indicates that BLKB is not financially healthy enough and could expect problems in meeting its short term obligations.
BLKB's Quick ratio of 0.69 is on the low side compared to the rest of the industry. BLKB is outperformed by 84.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
BLKB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.07%.
Measured over the past years, BLKB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.74% on average per year.
The Revenue has decreased by -1.12% in the past year.
The Revenue has been growing slightly by 5.12% on average over the past years.
EPS 1Y (TTM)5.07%
EPS 3Y10.43%
EPS 5Y12.74%
EPS Q2Q%11.11%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y7.59%
Revenue growth 5Y5.12%
Sales Q2Q%-1.95%
3.2 Future
The Earnings Per Share is expected to grow by 8.63% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y10.25%
EPS Next 2Y10.94%
EPS Next 3Y9.09%
EPS Next 5Y8.63%
Revenue Next Year-2.63%
Revenue Next 2Y0.68%
Revenue Next 3Y1.69%
Revenue Next 5Y3.11%
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
The Price/Earnings ratio is 13.10, which indicates a correct valuation of BLKB.
Based on the Price/Earnings ratio, BLKB is valued cheaply inside the industry as 85.92% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.67, BLKB is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.35, which indicates a very decent valuation of BLKB.
Based on the Price/Forward Earnings ratio, BLKB is valued cheaper than 86.97% of the companies in the same industry.
BLKB is valuated cheaply when we compare the Price/Forward Earnings ratio to 31.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BLKB is valued cheaply inside the industry as 84.51% of the companies are valued more expensively.
BLKB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BLKB is cheaper than 90.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.63 | ||
| EV/EBITDA | 14.8 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.28
PEG (5Y)1.03
EPS Next 2Y10.94%
EPS Next 3Y9.09%
5. Dividend
5.1 Amount
No dividends for BLKB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57
-2.58 (-4.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners78.27%
Inst Owner Change0.25%
Ins Owners2.01%
Ins Owner Change0.11%
Market Cap2.77B
Revenue(TTM)1.14B
Net Income(TTM)-252425000
Analysts50
Price Target76.3 (33.86%)
Short Float %3.92%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.56%
Min EPS beat(2)0.79%
Max EPS beat(2)12.34%
EPS beat(4)3
Avg EPS beat(4)4.41%
Min EPS beat(4)-0.35%
Max EPS beat(4)12.34%
EPS beat(8)6
Avg EPS beat(8)2.42%
EPS beat(12)10
Avg EPS beat(12)3.99%
EPS beat(16)13
Avg EPS beat(16)3.9%
Revenue beat(2)0
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)-0.22%
Revenue beat(4)0
Avg Revenue beat(4)-1.26%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)-0.22%
Revenue beat(8)0
Avg Revenue beat(8)-2.3%
Revenue beat(12)0
Avg Revenue beat(12)-2.3%
Revenue beat(16)1
Avg Revenue beat(16)-2.01%
PT rev (1m)-2.6%
PT rev (3m)5.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.38%
EPS NY rev (1m)0%
EPS NY rev (3m)3.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.35 | ||
| P/S | 2.44 | ||
| P/FCF | 12.63 | ||
| P/OCF | 9.84 | ||
| P/B | 25.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.8 |
EPS(TTM)4.35
EY7.63%
EPS(NY)5.02
Fwd EY8.81%
FCF(TTM)4.51
FCFY7.92%
OCF(TTM)5.8
OCFY10.17%
SpS23.41
BVpS2.23
TBVpS-21.88
PEG (NY)1.28
PEG (5Y)1.03
Graham Number14.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.99% | ||
| ROE | -233.32% | ||
| ROCE | 14.46% | ||
| ROIC | 11.42% | ||
| ROICexc | 11.81% | ||
| ROICexgc | N/A | ||
| OM | 14.96% | ||
| PM (TTM) | N/A | ||
| GM | 57.73% | ||
| FCFM | 19.29% |
ROA(3y)-4.27%
ROA(5y)-2.45%
ROE(3y)-68.43%
ROE(5y)-40.54%
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 3Y93.05%
ROICexc growth 5Y27.63%
OM growth 3Y55.49%
OM growth 5Y26.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.94%
GM growth 5Y0.66%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.63 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 3.94 | ||
| Cap/Depr | 65.64% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.49 |
F-Score6
WACC10.79%
ROIC/WACC1.06
Cap/Depr(3y)61.08%
Cap/Depr(5y)64.81%
Cap/Sales(3y)6.11%
Cap/Sales(5y)6.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.07%
EPS 3Y10.43%
EPS 5Y12.74%
EPS Q2Q%11.11%
EPS Next Y10.25%
EPS Next 2Y10.94%
EPS Next 3Y9.09%
EPS Next 5Y8.63%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y7.59%
Revenue growth 5Y5.12%
Sales Q2Q%-1.95%
Revenue Next Year-2.63%
Revenue Next 2Y0.68%
Revenue Next 3Y1.69%
Revenue Next 5Y3.11%
EBIT growth 1Y26.28%
EBIT growth 3Y67.3%
EBIT growth 5Y32.6%
EBIT Next Year25.45%
EBIT Next 3Y12.63%
EBIT Next 5YN/A
FCF growth 1Y45.59%
FCF growth 3Y12.31%
FCF growth 5Y13.01%
OCF growth 1Y29.49%
OCF growth 3Y11.47%
OCF growth 5Y10.15%
BLACKBAUD INC / BLKB FAQ
What is the fundamental rating for BLKB stock?
ChartMill assigns a fundamental rating of 3 / 10 to BLKB.
What is the valuation status for BLKB stock?
ChartMill assigns a valuation rating of 7 / 10 to BLACKBAUD INC (BLKB). This can be considered as Undervalued.
How profitable is BLACKBAUD INC (BLKB) stock?
BLACKBAUD INC (BLKB) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for BLKB stock?
The Price/Earnings (PE) ratio for BLACKBAUD INC (BLKB) is 13.1 and the Price/Book (PB) ratio is 25.56.
Is the dividend of BLACKBAUD INC sustainable?
The dividend rating of BLACKBAUD INC (BLKB) is 0 / 10 and the dividend payout ratio is 0%.