Blackline Safety Valuation

Is BLN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BLN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BLN (CA$6.18) is trading below our estimate of fair value (CA$11.34)

Significantly Below Fair Value: BLN is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BLN?

Other financial metrics that can be useful for relative valuation.

BLN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4x
Enterprise Value/EBITDA-49.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does BLN's PS Ratio compare to its peers?

The above table shows the PS ratio for BLN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
PNG Kraken Robotics
5.1x17.1%CA$478.2m
GSI Gatekeeper Systems
1.7xn/aCA$58.0m
GRID Tantalus Systems Holding
1.5x19.9%CA$78.8m
WIFI American Aires
2.5xn/aCA$26.1m
BLN Blackline Safety
4.2x21.0%CA$505.5m

Price-To-Sales vs Peers: BLN is expensive based on its Price-To-Sales Ratio (4.2x) compared to the peer average (2.7x).


Price to Earnings Ratio vs Industry

How does BLN's PE Ratio compare vs other companies in the CA Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.9%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.9%
n/an/an/a
No more companies

Price-To-Sales vs Industry: BLN is expensive based on its Price-To-Sales Ratio (4.2x) compared to the North American Electronic industry average (2x).


Price to Sales Ratio vs Fair Ratio

What is BLN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BLN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.2x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: BLN is expensive based on its Price-To-Sales Ratio (4.2x) compared to the estimated Fair Price-To-Sales Ratio (3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BLN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$6.18
CA$7.38
+19.3%
8.1%CA$8.50CA$6.50n/a8
Oct ’25CA$5.83
CA$7.38
+26.5%
8.1%CA$8.50CA$6.50n/a8
Sep ’25CA$4.64
CA$5.75
+23.9%
13.7%CA$7.00CA$4.00n/a8
Aug ’25CA$4.78
CA$5.75
+20.3%
13.7%CA$7.00CA$4.00n/a8
Jul ’25CA$4.35
CA$5.75
+32.2%
13.7%CA$7.00CA$4.00n/a8
Jun ’25CA$3.97
CA$5.75
+44.8%
13.9%CA$7.00CA$4.00n/a9
May ’25CA$4.25
CA$5.78
+35.9%
13.2%CA$7.00CA$4.00n/a10
Apr ’25CA$4.22
CA$5.75
+36.3%
13.9%CA$7.00CA$4.00n/a9
Mar ’25CA$4.50
CA$5.39
+19.8%
12.2%CA$6.50CA$4.00n/a9
Feb ’25CA$4.12
CA$5.39
+30.8%
12.2%CA$6.50CA$4.00n/a9
Jan ’25CA$3.55
CA$4.91
+38.2%
18.4%CA$6.00CA$3.15n/a9
Dec ’24CA$3.88
CA$4.91
+26.4%
18.4%CA$6.00CA$3.15n/a9
Nov ’24CA$3.32
CA$4.91
+47.8%
18.4%CA$6.00CA$3.15CA$6.189
Oct ’24CA$3.17
CA$4.91
+54.7%
18.4%CA$6.00CA$3.15CA$5.839
Sep ’24CA$3.73
CA$4.79
+28.5%
19.7%CA$6.00CA$3.15CA$4.649
Aug ’24CA$3.89
CA$4.79
+23.3%
19.7%CA$6.00CA$3.15CA$4.789
Jul ’24CA$3.15
CA$4.79
+52.2%
19.7%CA$6.00CA$3.15CA$4.359
Jun ’24CA$2.67
CA$4.72
+76.9%
21.2%CA$6.00CA$3.00CA$3.979
May ’24CA$2.78
CA$4.72
+69.9%
21.2%CA$6.00CA$3.00CA$4.259
Apr ’24CA$2.31
CA$4.60
+99.1%
22.2%CA$6.00CA$3.00CA$4.2210
Mar ’24CA$2.46
CA$4.58
+86.0%
23.2%CA$6.00CA$2.75CA$4.5010
Feb ’24CA$2.53
CA$4.65
+83.8%
25.4%CA$6.75CA$2.75CA$4.1210
Jan ’24CA$1.81
CA$4.88
+169.3%
24.6%CA$6.75CA$3.00CA$3.5510
Dec ’23CA$1.56
CA$5.28
+238.1%
17.8%CA$6.75CA$4.00CA$3.8810
Nov ’23CA$1.64
CA$5.36
+226.9%
17.7%CA$6.75CA$4.00CA$3.329

Analyst Forecast: Target price is less than 20% higher than the current share price.


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