BlackBerry Ltd
TSX:BB

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BlackBerry Ltd
TSX:BB
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Price: 5.07 CAD 0.4% Market Closed
Market Cap: 3B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BB stock under the Base Case scenario is 4.75 CAD. Compared to the current market price of 5.07 CAD, BlackBerry Ltd is Overvalued by 6%.

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
4.75 CAD
Overvaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.9
P/S
P/S
Price to Sales
3.9
vs History
49
vs Industry
29
Median 3Y
3.8
Median 5Y
4
Industry
2.5
Forward
4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-12.3
Median 5Y
-10.1
Industry
23.1
Forward
37.7
More Details
160.6
P/OCF
P/OCF
Price to OCF
160.6
vs History
14
vs Industry
0
Median 3Y
-14.1
Median 5Y
-8.5
Industry
17.5
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-13.9
Median 5Y
-16.6
Industry
21.6
More Details
3
P/B
P/B
Price to Book Value
3
vs History
39
vs Industry
33
Median 3Y
2.5
Median 5Y
2.6
Industry
3.1
More Details
3.7
EV/S
EV/S
Enterprise Value to Sales
3.7
vs History
42
vs Industry
28
Median 3Y
3.2
Median 5Y
3.6
Industry
2.5
Forward
3.8
More Details
5.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.1
vs History
53
vs Industry
36
Median 3Y
5
Median 5Y
5.3
Industry
5
More Details
33.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
33.3
vs History
31
vs Industry
7
Median 3Y
31.8
Median 5Y
16.6
Industry
12.8
Forward
25.3
More Details
84.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
84.7
vs History
3
vs Industry
26
Median 3Y
17.9
Median 5Y
-13.2
Industry
16.3
Forward
31.6
More Details
152.4
EV/OCF
EV/OCF
Enterprise Value to OCF
152.4
vs History
14
vs Industry
1
Median 3Y
-13.8
Median 5Y
-6.9
Industry
15.8
More Details
623.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
623.4
vs History
3
vs Industry
Median 3Y
-14.9
Median 5Y
-10.2
Industry
18.9
More Details
2.3
EV/IC
EV/IC
Enterprise Value to IC
2.3
vs History
31
vs Industry
41
Median 3Y
1.6
Median 5Y
1.8
Industry
2.5
More Details

Multiples Across Competitors

BB Competitors Multiples
BlackBerry Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
BlackBerry Ltd
TSX:BB
3B CAD 3.9 -61.8 33.3 84.7
US
Microsoft Corp
NASDAQ:MSFT
3.7T USD 13.3 36.8 23 29.1
US
Oracle Corp
NYSE:ORCL
654.5B USD 11.4 52.6 30.1 40.4
US
ServiceNow Inc
NYSE:NOW
181.7B USD 15.1 109.4 79.3 110.6
US
Palo Alto Networks Inc
NASDAQ:PANW
122.4B USD 13.3 108 75.7 96.2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
102.6B USD 24.8 -595.7 4 048.1 -481.9
US
VMware Inc
XETRA:BZF1
58B EUR 4.9 47.2 21.8 36.8
US
Fortinet Inc
NASDAQ:FTNT
59.5B USD 9.4 30.7 26.5 28.4
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 144.2 651.1 271.7 380.6
US
Zscaler Inc
NASDAQ:ZS
42.1B USD 16.5 -1 085.5 -3 373.2 -326.7
IL
Cyberark Software Ltd
NASDAQ:CYBR
21.9B USD 18.2 -132.3 -30 631 -217.8
P/E Multiple
Earnings Growth PEG
CA
BlackBerry Ltd
TSX:BB
Average P/E: 148
Negative Multiple: -61.8 		N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
36.8
17%
2.2
US
Oracle Corp
NYSE:ORCL
52.6
32%
1.6
US
ServiceNow Inc
NYSE:NOW
109.4
52%
2.1
US
Palo Alto Networks Inc
NASDAQ:PANW
108
42%
2.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -595.7 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.2
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
30.7
14%
2.2
US
Xperi Holding Corp
LSE:0M2A
651.1
43%
15.1
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -1 085.5 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -132.3 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBITDA: 512.2
33.3
13%
2.6
US
Microsoft Corp
NASDAQ:MSFT
23
18%
1.3
US
Oracle Corp
NYSE:ORCL
30.1
30%
1
US
ServiceNow Inc
NYSE:NOW
79.3
53%
1.5
US
Palo Alto Networks Inc
NASDAQ:PANW
75.7
N/A N/A
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
4 048.1
182%
22.2
US
V
VMware Inc
XETRA:BZF1
21.8
19%
1.1
US
Fortinet Inc
NASDAQ:FTNT
26.5
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
271.7
8%
34
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -3 373.2 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -30 631 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBIT: 100.8
84.7
31%
2.7
US
Microsoft Corp
NASDAQ:MSFT
29.1
16%
1.8
US
Oracle Corp
NYSE:ORCL
40.4
31%
1.3
US
ServiceNow Inc
NYSE:NOW
110.6
64%
1.7
US
Palo Alto Networks Inc
NASDAQ:PANW
96.2
48%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -481.9 N/A N/A
US
V
VMware Inc
XETRA:BZF1
36.8
30%
1.2
US
Fortinet Inc
NASDAQ:FTNT
28.4
17%
1.7
US
Xperi Holding Corp
LSE:0M2A
380.6
24%
15.9
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -326.7 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -217.8 N/A N/A

See Also

Summary
BB intrinsic value, competitors valuation, and company profile.
DCF Valuation
BB stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BB stock valuation using valuation multiples.
Wall Street Estimates
BB 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
BB 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
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