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BILL

Bill.com HoldingsNYSE:BILL Stock Report

Market Cap

US$29.7b

7D

-1.9%

1Y

167.0%

Updated

27 Oct, 2021

Data

Company Financials +
BILL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BILL Overview

Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide.

Bill.com Holdings Competitors

Coupa Software

NasdaqGS:COUP

US$17.7b

Avalara

NYSE:AVLR

US$15.4b

AvidXchange Holdings

NasdaqGS:AVDX

US$4.3b

BTRS Holdings

NasdaqGS:BTRS

US$1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Bill.com Holdings
Historical stock prices
Current Share PriceUS$290.17
52 Week HighUS$89.19
52 Week LowUS$312.99
Beta0
1 Month Change7.12%
3 Month Change40.98%
1 Year Change167.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO717.38%

Recent News & Updates

Oct 08

Bill.com: Bullish Business Model, But Hesitant On The Stock

Bill.com has seen their stock rise over 9x since reaching a low-point during the pandemic of just over $30. The company reported a very strong FQ4 and provided FY22 guidance above expectations. Revenue growth is expected to be over 100% for the year, though much of this growth is being driven by their recent acquisition of Divvy. Valuation currently stands at over 50x forward revenue and even if revenue grows at 50% during FY23 and FY24, valuation is still over 23x a bull case FY24 revenue.

Shareholder Returns

BILLUS SoftwareUS Market
7D-1.9%0.9%0.9%
1Y167.0%39.0%33.4%

Return vs Industry: BILL exceeded the US Software industry which returned 40.7% over the past year.

Return vs Market: BILL exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is BILL's price volatile compared to industry and market?
BILL volatility
BILL Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: BILL is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: BILL's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20061,384Rene Lacertehttps://www.bill.com

Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial intelligence enabled financial software platform that creates seamless connections among users, suppliers, and the clients. The company provides software-as-a-service, cloud-based payments and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.

Bill.com Holdings Fundamentals Summary

How do Bill.com Holdings's earnings and revenue compare to its market cap?
BILL fundamental statistics
Market CapUS$29.73b
Earnings (TTM)-US$98.72m
Revenue (TTM)US$238.27m

124.8x

P/S Ratio

-301.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BILL income statement (TTM)
RevenueUS$238.27m
Cost of RevenueUS$61.44m
Gross ProfitUS$176.83m
ExpensesUS$275.55m
Earnings-US$98.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)-0.96
Gross Margin74.22%
Net Profit Margin-41.43%
Debt/Equity Ratio39.1%

How did BILL perform over the long term?

See historical performance and comparison

Valuation

Is Bill.com Holdings undervalued compared to its fair value and its price relative to the market?

11.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BILL ($286.29) is trading above our estimate of fair value ($79.49)

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


Price To Earnings Ratio

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

PE vs Market: BILL 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 BILL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BILL is overvalued based on its PB Ratio (11.6x) compared to the US Software industry average (7.1x).


Future Growth

How is Bill.com Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: BILL's revenue (29.3% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: BILL's revenue (29.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Bill.com Holdings performed over the past 5 years?

-217.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BILL is currently unprofitable.

Growing Profit Margin: BILL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BILL's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: BILL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.1%).


Return on Equity

High ROE: BILL has a negative Return on Equity (-3.9%), as it is currently unprofitable.


Financial Health

How is Bill.com Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BILL's short term assets ($3.6B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: BILL's short term assets ($3.6B) exceed its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: BILL's debt to equity ratio (39.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BILL's debt to equity ratio has reduced 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: BILL has sufficient cash runway for more than 3 years based on its current free cash flow.

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


Dividend

What is Bill.com Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BILL'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 BILL'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?

3.2yrs

Average management tenure


CEO

Rene Lacerte (54 yo)

15.5yrs

Tenure

US$17,215,975

Compensation

Mr. Rene A. Lacerte is the Founder of Bill.com Holdings Inc. since April 2006 and serves as its Chief Executive Officer since April 2006. He serves as Chairperson of the Board at Bill.com Holdings, Inc. Mr...


CEO Compensation Analysis

Compensation vs Market: Rene's total compensation ($USD17.22M) is above average for companies of similar size in the US market ($USD11.15M).

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


Leadership Team

Experienced Management: BILL's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: BILL's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BILL 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 26.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Bill.com Holdings, Inc.
  • Ticker: BILL
  • Exchange: NYSE
  • Founded: 2006
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$29.732b
  • Shares outstanding: 102.46m
  • Website: https://www.bill.com

Number of Employees


Location

  • Bill.com Holdings, Inc.
  • 6220 America Center Drive
  • Suite 100
  • San Jose
  • California
  • 95002
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/27 23:08
End of Day Share Price2021/10/27 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.