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BTRS

BTRS Holdings NasdaqGS:BTRS Stock Report

Last Price

US$5.60

Market Cap

US$915.1m

7D

24.2%

1Y

-56.9%

Updated

26 Jun, 2022

Data

Company Financials +
BTRS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BTRS Stock Overview

BTRS Holdings Inc. provides cloud-based software and integrated payment processing solutions that automates business-to-business (B2B) commerce worldwide.

BTRS Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BTRS Holdings
Historical stock prices
Current Share PriceUS$5.60
52 Week HighUS$14.17
52 Week LowUS$3.95
Beta0.52
1 Month Change11.11%
3 Month Change-21.13%
1 Year Change-56.92%
3 Year Changen/a
5 Year Changen/a
Change since IPO-41.97%

Recent News & Updates

Shareholder Returns

BTRSUS SoftwareUS Market
7D24.2%9.9%6.6%
1Y-56.9%-17.9%-18.4%

Return vs Industry: BTRS underperformed the US Software industry which returned -17.9% over the past year.

Return vs Market: BTRS underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is BTRS's price volatile compared to industry and market?
BTRS volatility
BTRS Average Weekly Movement12.3%
Software Industry Average Movement11.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: BTRS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BTRS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2001687Flint Lanehttps://www.billtrust.com

BTRS Holdings Inc. provides cloud-based software and integrated payment processing solutions that automates business-to-business (B2B) commerce worldwide. The company operates in two segments, Print, and Software and Payments. The company offers solutions that span credit decisioning and monitoring, online ordering, invoicing, cash application, and collections.

BTRS Holdings Fundamentals Summary

How do BTRS Holdings's earnings and revenue compare to its market cap?
BTRS fundamental statistics
Market CapUS$915.11m
Earnings (TTM)-US$67.43m
Revenue (TTM)US$135.50m

6.8x

P/S Ratio

-13.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BTRS income statement (TTM)
RevenueUS$135.50m
Cost of RevenueUS$38.12m
Gross ProfitUS$97.39m
Other ExpensesUS$164.82m
Earnings-US$67.43m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin71.87%
Net Profit Margin-49.76%
Debt/Equity Ratio0%

How did BTRS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

BTRS 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/Revenue5.9x
Enterprise Value/EBITDA-16.7x
PEG Ration/a

Price to Sales Ratio vs Peers

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

BTRS PS Ratio vs Peers
The above table shows the PS ratio for BTRS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average3.3x

Price-To-Sales vs Peers: BTRS is expensive based on its Price-To-Sales Ratio (6.8x) compared to the peer average (3.3x).


Price to Earnings Ratio vs Industry

How does BTRS's PE Ratio compare vs other companies in the U.S. Software Industry?

Price-To-Sales vs Industry: BTRS is expensive based on its Price-To-Sales Ratio (6.8x) compared to the US Software industry average (4.7x)


Price to Sales Ratio vs Fair Ratio

What is BTRS'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.

BTRS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.8x
Fair PS Ratio5.6x

Price-To-Sales vs Fair Ratio: BTRS is expensive based on its Price-To-Sales Ratio (6.8x) compared to the estimated Fair Price-To-Sales Ratio (5.6x).


Share Price vs Fair Value

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

Below Fair Value: BTRS ($5.6) is trading below our estimate of fair value ($12.24)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is BTRS Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


37.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: BTRS's revenue (20.3% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: BTRS's revenue (20.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BTRS is forecast to be unprofitable in 3 years.


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Past Performance

How has BTRS Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-29.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BTRS is currently unprofitable.

Growing Profit Margin: BTRS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BTRS is unprofitable, and losses have increased over the past 5 years at a rate of 29.8% per year.

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

Earnings vs Industry: BTRS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).


Return on Equity

High ROE: BTRS has a negative Return on Equity (-23.6%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is BTRS Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BTRS's short term assets ($225.3M) exceed its short term liabilities ($90.2M).

Long Term Liabilities: BTRS's short term assets ($225.3M) exceed its long term liabilities ($71.4M).


Debt to Equity History and Analysis

Debt Level: BTRS is debt free.

Reducing Debt: BTRS had no debt 5 years ago.


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: BTRS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BTRS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is BTRS Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BTRS'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 BTRS's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BTRS has not reported any payouts.


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Management

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

1.4yrs

Average management tenure


CEO

Flint Lane (54 yo)

21.42yrs

Tenure

US$8,428,621

Compensation

Mr. Flint A. Lane is Founder of BTRS Holdings Inc. (formerly known as Billtrust, Inc.) since 2001 and also serves as its Chairman. He has been Chief Executive Officer at BTRS Holdings Inc. since January 20...


CEO Compensation Analysis

Compensation vs Market: Flint's total compensation ($USD8.43M) is above average for companies of similar size in the US market ($USD4.02M).

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


Leadership Team

Experienced Management: BTRS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: BTRS's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: BTRS insiders have bought more shares than they have sold 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 4.1%.


Top Shareholders

Company Information

BTRS Holdings Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BTRS Holdings Inc.
  • Ticker: BTRS
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$915.112m
  • Shares outstanding: 163.41m
  • Website: https://www.billtrust.com

Number of Employees


Location

  • BTRS Holdings Inc.
  • 1009 Lenox Drive
  • Suite 101
  • Lawrenceville
  • New Jersey
  • 8648
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.