Financials Blackbaud, Inc.

Equities

BLKB

US09227Q1004

Software

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
77.95 USD -0.42% Intraday chart for Blackbaud, Inc. +1.92% -10.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,815 2,779 3,704 3,055 4,552 3,940 - -
Enterprise Value (EV) 1 4,250 3,274 4,605 3,882 5,301 4,509 4,277 4,249
P/E ratio 318 x 360 x 658 x -66.9 x 2,890 x 49 x 38.2 x 40.2 x
Yield 0.6% 0.21% - - - - - -
Capitalization / Revenue 4.23 x 3.04 x 3.99 x 2.89 x 4.12 x 3.33 x 3.09 x 2.93 x
EV / Revenue 4.71 x 3.59 x 4.96 x 3.67 x 4.8 x 3.81 x 3.35 x 3.16 x
EV / EBITDA 22.7 x 13.3 x 18.7 x 14.8 x 14.9 x 11.5 x 9.88 x -
EV / FCF 34.2 x 43 x 28.5 x 29.2 x 39.1 x 17.1 x 14.2 x 14.9 x
FCF Yield 2.92% 2.32% 3.51% 3.42% 2.56% 5.85% 7.02% 6.7%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 47,923 48,279 46,899 51,905 52,507 50,542 - -
Reference price 2 79.60 57.56 78.98 58.86 86.70 77.95 77.95 77.95
Announcement Date 2/10/20 2/8/21 2/22/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 902.4 913.2 927.7 1,058 1,105 1,185 1,275 1,344
EBITDA 1 187.2 245.6 246.2 262.6 356.5 392.1 432.9 -
EBIT 1 151.6 194.8 200.8 202.6 294.1 332.9 371.1 -
Operating Margin 16.8% 21.33% 21.64% 19.15% 26.6% 28.1% 29.1% -
Earnings before Tax (EBT) 1 10.58 21.61 7.083 -55.58 17.64 117.7 145.7 133.7
Net income 1 11.91 7.717 5.698 -45.41 1.82 85.08 109 105.6
Net margin 1.32% 0.85% 0.61% -4.29% 0.16% 7.18% 8.55% 7.86%
EPS 2 0.2500 0.1600 0.1200 -0.8800 0.0300 1.590 2.038 1.940
Free Cash Flow 1 124.1 76.11 161.5 132.8 135.5 263.7 300.4 284.5
FCF margin 13.75% 8.33% 17.41% 12.55% 12.26% 22.25% 23.55% 21.17%
FCF Conversion (EBITDA) 66.3% 30.99% 65.61% 50.58% 38.01% 67.25% 69.38% -
FCF Conversion (Net income) 1,042.25% 986.24% 2,834.47% - 7,445.38% 309.88% 275.63% 269.32%
Dividend per Share 0.4800 0.1200 - - - - - -
Announcement Date 2/10/20 2/8/21 2/22/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 231.2 247.9 257.1 264.9 261.3 274.8 261.8 271 277.6 295 281.3 290.9 296.5 316 301.5
EBITDA 1 61.06 62.18 55.66 67.01 66.94 67.91 71.3 88.82 97.1 99.26 84.91 99.24 104.6 103.7 95.55
EBIT 1 50.47 49.02 43.41 54.48 49.84 54.85 56.59 74.14 79.59 83.78 71.97 83.68 87.87 89.38 81.76
Operating Margin 21.83% 19.77% 16.88% 20.56% 19.07% 19.96% 21.62% 27.35% 28.67% 28.4% 25.58% 28.77% 29.63% 28.28% 27.12%
Earnings before Tax (EBT) 1 8.705 -10.62 -12.46 -5.789 -11.9 -25.43 -18.6 -8.095 18.09 26.26 14.31 29.91 37.34 31.51 26.01
Net income 1 6.188 -7.057 -10.41 -3.422 -10.32 -21.26 -14.7 2.105 9.017 5.399 12.05 20.38 25.67 26.98 19.63
Net margin 2.68% -2.85% -4.05% -1.29% -3.95% -7.74% -5.62% 0.78% 3.25% 1.83% 4.28% 7.01% 8.66% 8.54% 6.51%
EPS 2 0.1300 -0.1500 -0.2000 -0.0700 -0.2000 -0.4100 -0.2800 0.0400 0.1700 0.1000 0.2225 0.3833 0.4833 0.5067 0.3667
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/22/22 5/3/22 8/2/22 11/1/22 2/13/23 5/3/23 8/1/23 10/31/23 2/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 435 495 901 827 748 570 337 309
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.325 x 2.016 x 3.66 x 3.15 x 2.099 x 1.453 x 0.7792 x -
Free Cash Flow 1 124 76.1 162 133 136 264 300 284
ROE (net income / shareholders' equity) 3.09% 1.88% 25.6% -6.22% 0.23% 5.3% 8.1% 10.2%
ROA (Net income/ Total Assets) 0.66% 0.38% 0.23% -1.52% 0.06% 1.5% 2.4% 3.3%
Assets 1 1,804 2,019 2,505 2,982 2,955 5,672 4,541 3,201
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 3.780 3.040 4.430 3.950 3.720 5.440 6.320 5.760
Capex 1 11.5 29.7 11.7 12.3 4.69 6.22 6.49 -
Capex / Sales 1.27% 3.25% 1.26% 1.16% 0.42% 0.52% 0.51% -
Announcement Date 2/10/20 2/8/21 2/22/22 2/13/23 2/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
77.95 USD
Average target price
83.46 USD
Spread / Average Target
+7.06%
Consensus
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  3. BLKB Stock
  4. Financials Blackbaud, Inc.