BACKBLAZE INC-A (BLZE) Stock Fundamental Analysis
USA - NASDAQ:BLZE - US05637B1052 - Common Stock
10.31 USD
-0.03 (-0.29%)
10.5 USD
+0.19 (+1.84%)
Taking everything into account, BLZE scores 3 out of 10 in our fundamental rating. BLZE was compared to 85 industry peers in the IT Services industry. BLZE may be in some trouble as it scores bad on both profitability and health. BLZE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BLZE has reported negative net income.
BLZE had a positive operating cash flow in the past year.
BLZE had negative earnings in each of the past 5 years.
In multiple years BLZE reported negative operating cash flow during the last 5 years.
1.2 Ratios
BLZE has a worse Return On Assets (-23.41%) than 84.71% of its industry peers.
The Return On Equity of BLZE (-54.68%) is worse than 78.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -23.41% | ||
| ROE | -54.68% | ||
| ROIC | N/A |
ROA(3y)-35.95%
ROA(5y)-26.65%
ROE(3y)-90.07%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BLZE's Gross Margin of 57.25% is fine compared to the rest of the industry. BLZE outperforms 76.47% of its industry peers.
In the last couple of years the Gross Margin of BLZE has grown nicely.
The Profit Margin and Operating Margin are not available for BLZE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.25% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y1.57%
2. Health
2.1 Basic Checks
BLZE does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BLZE has more shares outstanding
Compared to 5 years ago, BLZE has more shares outstanding
The debt/assets ratio for BLZE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.79, we must say that BLZE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.79, BLZE is not doing good in the industry: 63.53% of the companies in the same industry are doing better.
The Debt to FCF ratio of BLZE is 10.70, which is on the high side as it means it would take BLZE, 10.70 years of fcf income to pay off all of its debts.
BLZE has a Debt to FCF ratio (10.70) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.24 indicates that BLZE is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.24, BLZE perfoms like the industry average, outperforming 57.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 10.7 | ||
| Altman-Z | 1.79 |
ROIC/WACCN/A
WACC9.33%
2.3 Liquidity
BLZE has a Current Ratio of 1.08. This is a normal value and indicates that BLZE is financially healthy and should not expect problems in meeting its short term obligations.
BLZE's Current ratio of 1.08 is on the low side compared to the rest of the industry. BLZE is outperformed by 74.12% of its industry peers.
A Quick Ratio of 1.08 indicates that BLZE should not have too much problems paying its short term obligations.
The Quick ratio of BLZE (1.08) is worse than 71.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.24% over the past year.
BLZE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.08%.
The Revenue has been growing by 25.65% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)21.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%48%
Revenue 1Y (TTM)19.08%
Revenue growth 3Y23.67%
Revenue growth 5Y25.65%
Sales Q2Q%16.02%
3.2 Future
BLZE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.56% yearly.
Based on estimates for the next years, BLZE will show a quite strong growth in Revenue. The Revenue will grow by 15.45% on average per year.
EPS Next Y45.18%
EPS Next 2Y29.04%
EPS Next 3Y28.56%
EPS Next 5YN/A
Revenue Next Year14.57%
Revenue Next 2Y14.27%
Revenue Next 3Y15.45%
Revenue Next 5YN/A
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. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BLZE. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BLZE. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as BLZE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 180.96 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BLZE's earnings are expected to grow with 28.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.04%
EPS Next 3Y28.56%
5. Dividend
5.1 Amount
No dividends for BLZE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.31
-0.03 (-0.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners44.82%
Inst Owner Change-0.41%
Ins Owners3.67%
Ins Owner Change0.24%
Market Cap582.51M
Revenue(TTM)137.29M
Net Income(TTM)-43551000
Analysts85.33
Price Target12.1 (17.36%)
Short Float %2.36%
Short Ratio1.89
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)2
Avg EPS beat(2)19.62%
Min EPS beat(2)10.72%
Max EPS beat(2)28.53%
EPS beat(4)2
Avg EPS beat(4)-0.45%
Min EPS beat(4)-23.41%
Max EPS beat(4)28.53%
EPS beat(8)5
Avg EPS beat(8)7.96%
EPS beat(12)6
Avg EPS beat(12)4.14%
EPS beat(16)6
Avg EPS beat(16)-4.6%
Revenue beat(2)1
Avg Revenue beat(2)-0.2%
Min Revenue beat(2)-0.9%
Max Revenue beat(2)0.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.11%
Min Revenue beat(4)-2.53%
Max Revenue beat(4)0.49%
Revenue beat(8)1
Avg Revenue beat(8)-0.98%
Revenue beat(12)1
Avg Revenue beat(12)-1.01%
Revenue beat(16)2
Avg Revenue beat(16)-0.73%
PT rev (1m)4.98%
PT rev (3m)7.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)22.13%
EPS NY rev (1m)2.73%
EPS NY rev (3m)14.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4.24 | ||
| P/FCF | 180.96 | ||
| P/OCF | 37.95 | ||
| P/B | 7.31 | ||
| P/tB | 15.55 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.89
EYN/A
EPS(NY)-0.33
Fwd EYN/A
FCF(TTM)0.06
FCFY0.55%
OCF(TTM)0.27
OCFY2.64%
SpS2.43
BVpS1.41
TBVpS0.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -23.41% | ||
| ROE | -54.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.25% | ||
| FCFM | 2.34% |
ROA(3y)-35.95%
ROA(5y)-26.65%
ROE(3y)-90.07%
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 3Y2.43%
GM growth 5Y1.57%
F-Score6
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 10.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 43.91% | ||
| Cap/Sales | 8.84% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.79 |
F-Score6
WACC9.33%
ROIC/WACCN/A
Cap/Depr(3y)70.19%
Cap/Depr(5y)63.54%
Cap/Sales(3y)16.57%
Cap/Sales(5y)15.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%48%
EPS Next Y45.18%
EPS Next 2Y29.04%
EPS Next 3Y28.56%
EPS Next 5YN/A
Revenue 1Y (TTM)19.08%
Revenue growth 3Y23.67%
Revenue growth 5Y25.65%
Sales Q2Q%16.02%
Revenue Next Year14.57%
Revenue Next 2Y14.27%
Revenue Next 3Y15.45%
Revenue Next 5YN/A
EBIT growth 1Y21.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year266.65%
EBIT Next 3Y70.95%
EBIT Next 5YN/A
FCF growth 1Y108.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y195.82%
OCF growth 3Y52.59%
OCF growth 5Y-1.08%
BACKBLAZE INC-A / BLZE FAQ
What is the ChartMill fundamental rating of BACKBLAZE INC-A (BLZE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BLZE.
What is the valuation status for BLZE stock?
ChartMill assigns a valuation rating of 1 / 10 to BACKBLAZE INC-A (BLZE). This can be considered as Overvalued.
What is the profitability of BLZE stock?
BACKBLAZE INC-A (BLZE) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for BLZE stock?
The Earnings per Share (EPS) of BACKBLAZE INC-A (BLZE) is expected to grow by 45.18% in the next year.