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Market Cap

US$6.2b

Last Updated

2021/05/06 22:55 UTC

Data Sources

Company Financials +

Executive Summary

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. More Details


Snowflake Analysis

Adequate balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has BlackLine's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BL's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-11.5%

BL

-3.3%

US Software

-0.3%

US Market


1 Year Return

63.0%

BL

39.0%

US Software

50.2%

US Market

Return vs Industry: BL exceeded the US Software industry which returned 41.7% over the past year.

Return vs Market: BL exceeded the US Market which returned 52.8% over the past year.


Shareholder returns

BLIndustryMarket
7 Day-11.5%-3.3%-0.3%
30 Day-7.7%-1.2%2.2%
90 Day-30.2%-5.1%3.8%
1 Year63.0%63.0%39.9%39.0%52.7%50.2%
3 Year144.1%144.1%125.2%118.5%63.4%53.1%
5 Yearn/a301.8%279.9%129.6%104.0%

Long-Term Price Volatility Vs. Market

How volatile is BlackLine's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BlackLine undervalued compared to its fair value and its price relative to the market?

14.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BL ($103.65) is trading above our estimate of fair value ($23.2)

Significantly Below Fair Value: BL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BL is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: BL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BL is overvalued based on its PB Ratio (14.2x) compared to the US Software industry average (7.8x).


Future Growth

How is BlackLine forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BL's revenue (16.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: BL's revenue (16.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BL's Return on Equity is forecast to be low in 3 years time (7.6%).


Past Performance

How has BlackLine performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BL is currently unprofitable.

Growing Profit Margin: BL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BL is unprofitable, and losses have increased over the past 5 years at a rate of 5% per year.

Accelerating Growth: Unable to compare BL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).


Return on Equity

High ROE: BL has a negative Return on Equity (-9.07%), as it is currently unprofitable.


Financial Health

How is BlackLine's financial position?


Financial Position Analysis

Short Term Liabilities: BL's short term assets ($674.1M) exceed its short term liabilities ($242.3M).

Long Term Liabilities: BL's short term assets ($674.1M) exceed its long term liabilities ($436.6M).


Debt to Equity History and Analysis

Debt Level: BL's debt to equity ratio (93.7%) is considered high.

Reducing Debt: BL's debt to equity ratio has increased from 17.1% to 93.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.3% per year.


Dividend

What is BlackLine current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Marc Huffman (49 yo)

0.33

Tenure

US$3,864,386

Compensation

Mr. Marc E. Huffman serves as Chief Executive Officer at BlackLine, Inc. since January 1, 2021. He served as President at BlackLine, Inc. since February 20, 2020, leading the company's worldwide sales, mar...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD3.86M) is below average for companies of similar size in the US market ($USD6.47M).

Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BL's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: BL's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

BlackLine, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BlackLine, Inc.
  • Ticker: BL
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$6.236b
  • Shares outstanding: 58.04m
  • Website: https://www.blackline.com

Number of Employees


Location

  • BlackLine, Inc.
  • 21300 Victory Boulevard
  • 12th Floor
  • Woodland Hills
  • California
  • 91367
  • United States

Listings


Biography

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close management solutions that inc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 22:55
End of Day Share Price2021/05/06 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.