BlackBerry Ltd
TSX:BB

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BlackBerry Ltd
TSX:BB
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Price: 5.47 CAD -0.73% Market Closed
Market Cap: 3.3B CAD

Relative Value

The Relative Value of one BB stock under the Base Case scenario is 3.94 CAD. Compared to the current market price of 5.47 CAD, BlackBerry Ltd is Overvalued by 28%.

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.

BB Relative Value
Base Case
3.94 CAD
Overvaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
33
vs Industry
29
Median 3Y
3.8
Median 5Y
3.9
Industry
2.4
Forward
4.4
vs History
vs Industry
Median 3Y
-10.4
Median 5Y
-9.9
Industry
22.6
Forward
40.6
vs History
11
vs Industry
0
Median 3Y
-18.8
Median 5Y
-8.5
Industry
16.9
vs History
11
vs Industry
Median 3Y
-12
Median 5Y
-14.4
Industry
21.6
vs History
30
vs Industry
33
Median 3Y
2.5
Median 5Y
2.5
Industry
2.9
vs History
34
vs Industry
28
Median 3Y
3.2
Median 5Y
3.5
Industry
2.4
Forward
4.2
vs History
41
vs Industry
36
Median 3Y
5
Median 5Y
5.3
Industry
4.9
vs History
30
vs Industry
7
Median 3Y
21
Median 5Y
14.5
Industry
12.5
Forward
27
vs History
6
vs Industry
26
Median 3Y
-22.4
Median 5Y
-13.7
Industry
16
Forward
33.9
vs History
11
vs Industry
1
Median 3Y
-18.3
Median 5Y
-6.9
Industry
15.5
vs History
1
vs Industry
Median 3Y
-16
Median 5Y
-12.3
Industry
18.8
vs History
25
vs Industry
41
Median 3Y
1.6
Median 5Y
1.7
Industry
2.4

Multiples Across Competitors

BB Competitors Multiples
BlackBerry Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
BlackBerry Ltd
TSX:BB
3.3B CAD 4.4 -29.7 26.2 56
US
Microsoft Corp
NASDAQ:MSFT
3.4T USD 12.6 35.2 22.5 27.9
US
Oracle Corp
NYSE:ORCL
449.3B USD 8.1 37 21.9 29.3
US
ServiceNow Inc
NYSE:NOW
211.5B USD 18.4 137.5 99.4 139.2
US
Palo Alto Networks Inc
NASDAQ:PANW
128.4B USD 15 102.4 91.6 119.8
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
109.6B USD 27.7 -5 688.4 1 102 -900.7
US
Fortinet Inc
NASDAQ:FTNT
80.6B USD 13.1 42.9 36.8 39.2
US
VMware Inc
XETRA:BZF1
58B EUR 4.8 45.9 21.2 35.8
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.6 723 258.7 369.6
US
Zscaler Inc
NASDAQ:ZS
39B USD 16.1 -2 510.3 -40 401.6 -369.7
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
23.9B USD 9.2 28.1 23.3 25.6
P/E Multiple
Earnings Growth PEG
CA
BlackBerry Ltd
TSX:BB
Average P/E: 144
Negative Multiple: -29.7
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
35.2
15%
2.3
US
Oracle Corp
NYSE:ORCL
37
30%
1.2
US
ServiceNow Inc
NYSE:NOW
137.5
52%
2.6
US
Palo Alto Networks Inc
NASDAQ:PANW
102.4
4%
25.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -5 688.4 N/A N/A
US
Fortinet Inc
NASDAQ:FTNT
42.9
14%
3.1
US
V
VMware Inc
XETRA:BZF1
45.9
39%
1.2
US
Xperi Holding Corp
LSE:0M2A
723
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -2 510.3 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
28.1
17%
1.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBITDA: 170.3
26.2
16%
1.6
US
Microsoft Corp
NASDAQ:MSFT
22.5
15%
1.5
US
Oracle Corp
NYSE:ORCL
21.9
24%
0.9
US
ServiceNow Inc
NYSE:NOW
99.4
54%
1.8
US
Palo Alto Networks Inc
NASDAQ:PANW
91.6
49%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
1 102
179%
6.2
US
Fortinet Inc
NASDAQ:FTNT
36.8
18%
2
US
V
VMware Inc
XETRA:BZF1
21.2
19%
1.1
US
Xperi Holding Corp
LSE:0M2A
258.7
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -40 401.6 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
23.3
12%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBIT: 93.6
56
28%
2
US
Microsoft Corp
NASDAQ:MSFT
27.9
15%
1.9
US
Oracle Corp
NYSE:ORCL
29.3
28%
1
US
ServiceNow Inc
NYSE:NOW
139.2
64%
2.2
US
Palo Alto Networks Inc
NASDAQ:PANW
119.8
60%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -900.7 N/A N/A
US
Fortinet Inc
NASDAQ:FTNT
39.2
18%
2.2
US
V
VMware Inc
XETRA:BZF1
35.8
30%
1.2
US
Xperi Holding Corp
LSE:0M2A
369.6
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -369.7 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
25.6
14%
1.8