Backblaze Inc
NASDAQ:BLZE

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Backblaze Inc
NASDAQ:BLZE
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Price: 4.21 USD 4.47% Market Closed
Market Cap: $253m

P/OCF

10.5
Current
40%
Cheaper
vs 3-y average of 17.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.5
=
Market Cap
$217.2m
/
Operating Cash Flow
$23.5m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.5
=
Market Cap
$217.2m
/
Operating Cash Flow
$23.5m

Valuation Scenarios

Backblaze Inc is trading below its 3-year average

If P/OCF returns to its 3-Year Average (17.4), the stock would be worth $6.99 (66% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+78%
Average Upside
58%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 10.5 $4.21
0%
3-Year Average 17.4 $6.99
+66%
5-Year Average 16.7 $6.7
+59%
Industry Average 18.7 $7.51
+78%
Country Average 13.3 $5.35
+27%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
US
Backblaze Inc
NASDAQ:BLZE
247.2m USD 10.5 -9.6
CA
Shopify Inc
NASDAQ:SHOP
164.1B USD 81.8 135
US
Cloudflare Inc
NYSE:NET
72.9B USD 120.8 -712.5
US
Snowflake Inc.
NYSE:SNOW
48.3B USD 39.5 -36.2
US
Snowflake Inc
XETRA:5Q5
40.6B EUR 38.2 -35.1
ID
DCI Indonesia Tbk PT
IDX:DCII
474.5T IDR 308.3 473.7
US
Verisign Inc
NASDAQ:VRSN
24.7B USD 22.7 30
US
Twilio Inc
NYSE:TWLO
21.9B USD 21.8 647
US
MongoDB Inc
NASDAQ:MDB
20.4B USD 40.4 -286.9
US
Akamai Technologies Inc
NASDAQ:AKAM
13.8B USD 9.1 30.7
US
Okta Inc
NASDAQ:OKTA
13.5B USD 15.2 57.3
P/E Multiple
Earnings Growth PEG
US
Backblaze Inc
NASDAQ:BLZE
Average P/E: 229
Negative Multiple: -9.6
N/A N/A
CA
Shopify Inc
NASDAQ:SHOP
135
53%
2.5
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -712.5 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -36.2 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -35.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
473.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
30
9%
3.3
US
Twilio Inc
NYSE:TWLO
647
222%
2.9
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -286.9 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
30.7
42%
0.7
US
Okta Inc
NASDAQ:OKTA
57.3
54%
1.1

Market Distribution

In line with most companies in the United States of America
Percentile
38th
Based on 9 488 companies
38th percentile
10.5
Low
0 — 8.8
Typical Range
8.8 — 20.1
High
20.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 8.8
Median 13.3
70th Percentile 20.1
Max 3 188 432.5

Backblaze Inc
Glance View

Market Cap
253m USD
Industry
Technology

Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. The company is headquartered in San Mateo, California and currently employs 270 full-time employees. The company went IPO on 2021-11-11. The firm provides businesses and consumers cloud services to store, use, and protect their data. The company provides these cloud services through a purpose-built, Web-scale software infrastructure built on commodity hardware. The company allows customers to focus on their core business operations. The company builds a community of millions of readers and brand advocates. Referrals from its community of brand advocates, combined with its self-serve customer acquisition model and an ecosystem of thousands of partners, have allowed it to attract customers. These customers use the Backblaze Storage Cloud platform across countries to grow and protect their business data on its approximately two exabytes, or two trillion megabytes, of data storage under management. Its cloud services offered on its Storage Cloud includes Backblaze B2 Cloud Storage and Backblaze Computer Backup.

BLZE Intrinsic Value
4.85 USD
Undervaluation 13%
Intrinsic Value
Price $4.21
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