Blackbaud Inc
NASDAQ:BLKB

Watchlist Manager
Blackbaud Inc Logo
Blackbaud Inc
NASDAQ:BLKB
Watchlist
Price: 63.96 USD 2.78% Market Closed
Market Cap: 3.1B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BLKB stock under the Base Case scenario is 93.24 USD. Compared to the current market price of 63.96 USD, Blackbaud Inc is Undervalued by 31%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BLKB Relative Value
Base Case
93.24 USD
Undervaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.7
P/S
P/S
Price to Sales
2.7
vs History
90
vs Industry
42
Median 3Y
3.5
Median 5Y
3.5
Industry
2.4
Forward
2.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
3
Median 3Y
-68.8
Median 5Y
-10.5
Industry
22.5
Forward
14.8
More Details
13.3
P/OCF
P/OCF
Price to OCF
13.3
vs History
85
vs Industry
45
Median 3Y
16.6
Median 5Y
16.6
Industry
17
More Details
9.3
P/FCFE
P/FCFE
Price to FCFE
9.3
vs History
69
vs Industry
47
Median 3Y
11.4
Median 5Y
25.1
Industry
21.4
More Details
93.5
P/B
P/B
Price to Book Value
93.5
vs History
0
vs Industry
4
Median 3Y
5.3
Median 5Y
6.8
Industry
2.9
More Details
3.7
EV/S
EV/S
Enterprise Value to Sales
3.7
vs History
76
vs Industry
32
Median 3Y
4.3
Median 5Y
4.3
Industry
2.4
Forward
3.7
More Details
6.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.6
vs History
88
vs Industry
34
Median 3Y
7.9
Median 5Y
7.9
Industry
4.9
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
26
Median 3Y
37.2
Median 5Y
32
Industry
12.6
Forward
10.5
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
17
Median 3Y
34.3
Median 5Y
75.3
Industry
16.3
Forward
12.7
More Details
18.3
EV/OCF
EV/OCF
Enterprise Value to OCF
18.3
vs History
82
vs Industry
36
Median 3Y
20.6
Median 5Y
20.2
Industry
15.4
More Details
25.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.7
vs History
77
vs Industry
29
Median 3Y
29.2
Median 5Y
29.8
Industry
18.7
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
15
vs Industry
51
Median 3Y
1.8
Median 5Y
1.9
Industry
2.4
More Details

Multiples Across Competitors

BLKB Competitors Multiples
Blackbaud Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Blackbaud Inc
NASDAQ:BLKB
3.1B USD 2.7 -10.9 -28.8 -16.3
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
316.9B EUR 9 55.3 29.9 34.2
US
Palantir Technologies Inc
NYSE:PLTR
312.3B USD 100.3 547.3 705 756.7
US
Salesforce Inc
NYSE:CRM
253.8B USD 6.6 40.9 21.6 30.9
US
Intuit Inc
NASDAQ:INTU
213.4B USD 11.7 61.5 38.9 45.6
US
Adobe Inc
NASDAQ:ADBE
179.4B USD 8.1 26.6 20.1 22.3
US
NCR Corp
LSE:0K45
142.4B USD 41.4 154.5 445.4 3 177.1
US
Applovin Corp
NASDAQ:APP
134.8B USD 26.3 70.3 49.2 57.7
US
Microstrategy Inc
NASDAQ:MSTR
103.1B USD 224.5 -19.3 -3 232.1 -1 673.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.1B USD 16.4 74.1 46.9 53.5
P/S Multiple
Revenue Growth P/S to Growth
US
Blackbaud Inc
NASDAQ:BLKB
Average P/S: 21 305.3
2.7
3%
0.9
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
9
12%
0.8
US
Palantir Technologies Inc
NYSE:PLTR
100.3
34%
2.9
US
Salesforce Inc
NYSE:CRM
6.6
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.7
13%
0.9
US
Adobe Inc
NASDAQ:ADBE
8.1
10%
0.8
US
N
NCR Corp
LSE:0K45
41.4
-8%
N/A
US
Applovin Corp
NASDAQ:APP
26.3
24%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
224.5
3%
74.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.4
13%
1.3
P/E Multiple
Earnings Growth PEG
US
Blackbaud Inc
NASDAQ:BLKB
Average P/E: 128.8
Negative Multiple: -10.9 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
55.3
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
547.3
73%
7.5
US
Salesforce Inc
NYSE:CRM
40.9
32%
1.3
US
Intuit Inc
NASDAQ:INTU
61.5
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.6
26%
1
US
N
NCR Corp
LSE:0K45
154.5
-47%
N/A
US
Applovin Corp
NASDAQ:APP
70.3
44%
1.6
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -19.3 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
74.1
33%
2.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Blackbaud Inc
NASDAQ:BLKB
Average EV/EBITDA: 169.6
Negative Multiple: -28.8 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
29.9
19%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
705
109%
6.5
US
Salesforce Inc
NYSE:CRM
21.6
23%
0.9
US
Intuit Inc
NASDAQ:INTU
38.9
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.1
17%
1.2
US
N
NCR Corp
LSE:0K45
445.4
12%
37.1
US
Applovin Corp
NASDAQ:APP
49.2
42%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 232.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
46.9
27%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Blackbaud Inc
NASDAQ:BLKB
Average EV/EBIT: 522.3
Negative Multiple: -16.3
40%
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
34.2
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
756.7
110%
6.9
US
Salesforce Inc
NYSE:CRM
30.9
32%
1
US
Intuit Inc
NASDAQ:INTU
45.6
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
22.3
20%
1.1
US
N
NCR Corp
LSE:0K45
3 177.1
90%
35.3
US
Applovin Corp
NASDAQ:APP
57.7
45%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 673.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.5
28%
1.9

See Also

Summary
BLKB intrinsic value, competitors valuation, and company profile.
DCF Valuation
BLKB stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BLKB stock valuation using valuation multiples.
Wall Street Estimates
BLKB price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BLKB stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 259,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.