BLACKLINE SAFETY CORP (BLN.CA) Fundamental Analysis & Valuation
TSX:BLN • CA0923821007
6.92 CAD
+0.1 (+1.47%)
Last: Mar 4, 2026, 07:00 PM
This BLN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall BLN gets a fundamental rating of 3 out of 10. We evaluated BLN against 14 industry peers in the Electronic Equipment, Instruments & Components industry. The financial health of BLN is average, but there are quite some concerns on its profitability. BLN is quite expensive at the moment. It does show a decent growth rate.
1. BLN.CA Profitability Analysis
1.1 Basic Checks
- In the past year BLN has reported negative net income.
- BLN had a negative operating cash flow in the past year.
- BLN had negative earnings in each of the past 5 years.
- BLN had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
- BLN has a Return On Assets of -5.21%. This is in the better half of the industry: BLN outperforms 64.29% of its industry peers.
- The Return On Equity of BLN (-11.10%) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.21% | ||
| ROE | -11.1% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Gross Margin of BLN (63.36%) is better than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of BLN has grown nicely.
- The Profit Margin and Operating Margin are not available for BLN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 63.36% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.75%
GM growth 5Y3.79%
2. BLN.CA Health Analysis
2.1 Basic Checks
- BLN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- BLN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- BLN has an Altman-Z score of 3.67. This indicates that BLN is financially healthy and has little risk of bankruptcy at the moment.
- BLN has a Altman-Z score of 3.67. This is comparable to the rest of the industry: BLN outperforms 57.14% of its industry peers.
- A Debt/Equity ratio of 0.15 indicates that BLN is not too dependend on debt financing.
- BLN has a Debt to Equity ratio of 0.15. This is comparable to the rest of the industry: BLN outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.67 |
ROIC/WACCN/A
WACC8.29%
2.3 Liquidity
- BLN has a Current Ratio of 2.24. This indicates that BLN is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.24, BLN is in line with its industry, outperforming 50.00% of the companies in the same industry.
- A Quick Ratio of 1.86 indicates that BLN should not have too much problems paying its short term obligations.
- BLN has a Quick ratio (1.86) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.86 |
3. BLN.CA Growth Analysis
3.1 Past
- BLN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.18%, which is quite impressive.
- The Revenue has grown by 18.21% in the past year. This is quite good.
- Measured over the past years, BLN shows a very strong growth in Revenue. The Revenue has been growing by 31.42% on average per year.
EPS 1Y (TTM)41.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-787.5%
Revenue 1Y (TTM)18.21%
Revenue growth 3Y27.31%
Revenue growth 5Y31.42%
Sales Q2Q%10%
3.2 Future
- Based on estimates for the next years, BLN will show a very strong growth in Earnings Per Share. The EPS will grow by 37.81% on average per year.
- BLN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.93% yearly.
EPS Next Y142.93%
EPS Next 2Y80.34%
EPS Next 3Y59%
EPS Next 5Y37.81%
Revenue Next Year15.88%
Revenue Next 2Y20.3%
Revenue Next 3Y22.51%
Revenue Next 5Y19.93%
3.3 Evolution
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. BLN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for BLN. In the last year negative earnings were reported.
- With a Price/Forward Earnings ratio of 161.21, BLN can be considered very expensive at the moment.
- BLN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BLN is cheaper than 71.43% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.11. BLN is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 161.21 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BLN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 339.28 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as BLN's earnings are expected to grow with 59.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y80.34%
EPS Next 3Y59%
5. BLN.CA Dividend Analysis
5.1 Amount
- No dividends for BLN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BLN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:BLN (3/4/2026, 7:00:00 PM)
6.92
+0.1 (+1.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)01-15 2026-01-15/bmo
Earnings (Next)03-12 2026-03-12
Inst Owners27.9%
Inst Owner ChangeN/A
Ins Owners3.04%
Ins Owner ChangeN/A
Market Cap602.11M
Revenue(TTM)150.47M
Net Income(TTM)-8.67M
Analysts78.18
Price Target9.23 (33.38%)
Short Float %N/A
Short RatioN/A
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)1
Avg EPS beat(2)-81.05%
Min EPS beat(2)-182.88%
Max EPS beat(2)20.79%
EPS beat(4)2
Avg EPS beat(4)-30.4%
Min EPS beat(4)-182.88%
Max EPS beat(4)72.5%
EPS beat(8)4
Avg EPS beat(8)-6.39%
EPS beat(12)5
Avg EPS beat(12)-8.47%
EPS beat(16)6
Avg EPS beat(16)-10.29%
Revenue beat(2)0
Avg Revenue beat(2)-5.65%
Min Revenue beat(2)-6.25%
Max Revenue beat(2)-5.05%
Revenue beat(4)1
Avg Revenue beat(4)-0.71%
Min Revenue beat(4)-6.25%
Max Revenue beat(4)13.97%
Revenue beat(8)3
Avg Revenue beat(8)-0.48%
Revenue beat(12)4
Avg Revenue beat(12)-0.64%
Revenue beat(16)5
Avg Revenue beat(16)-1.11%
PT rev (1m)-2.54%
PT rev (3m)-3.04%
EPS NQ rev (1m)-140%
EPS NQ rev (3m)-280%
EPS NY rev (1m)0%
EPS NY rev (3m)13.33%
Revenue NQ rev (1m)-4.49%
Revenue NQ rev (3m)-5.14%
Revenue NY rev (1m)-4.41%
Revenue NY rev (3m)-4.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 161.21 | ||
| P/S | 4 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.71 | ||
| P/tB | 8.4 | ||
| EV/EBITDA | 339.28 |
EPS(TTM)-0.1
EYN/A
EPS(NY)0.04
Fwd EY0.62%
FCF(TTM)-0.18
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS1.73
BVpS0.9
TBVpS0.82
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.21% | ||
| ROE | -11.1% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 63.36% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y12.75%
GM growth 5Y3.79%
F-Score5
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.27 | ||
| Cap/Depr | 80.83% | ||
| Cap/Sales | 4.29% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z | 3.67 |
F-Score5
WACC8.29%
ROIC/WACCN/A
Cap/Depr(3y)95.07%
Cap/Depr(5y)104.85%
Cap/Sales(3y)6.08%
Cap/Sales(5y)8.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)41.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-787.5%
EPS Next Y142.93%
EPS Next 2Y80.34%
EPS Next 3Y59%
EPS Next 5Y37.81%
Revenue 1Y (TTM)18.21%
Revenue growth 3Y27.31%
Revenue growth 5Y31.42%
Sales Q2Q%10%
Revenue Next Year15.88%
Revenue Next 2Y20.3%
Revenue Next 3Y22.51%
Revenue Next 5Y19.93%
EBIT growth 1Y51.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year335.9%
EBIT Next 3Y110.91%
EBIT Next 5Y66.7%
FCF growth 1Y-137.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-564.12%
OCF growth 3YN/A
OCF growth 5YN/A
BLACKLINE SAFETY CORP / BLN.CA FAQ
What is the ChartMill fundamental rating of BLACKLINE SAFETY CORP (BLN.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BLN.CA.
What is the valuation status of BLACKLINE SAFETY CORP (BLN.CA) stock?
ChartMill assigns a valuation rating of 2 / 10 to BLACKLINE SAFETY CORP (BLN.CA). This can be considered as Overvalued.
What is the profitability of BLN stock?
BLACKLINE SAFETY CORP (BLN.CA) has a profitability rating of 2 / 10.
Can you provide the financial health for BLN stock?
The financial health rating of BLACKLINE SAFETY CORP (BLN.CA) is 4 / 10.