Company Valuation: Blackbaud, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,704 3,055 4,552 3,668 2,977 2,066 - -
Change - -17.52% 49.01% -19.43% -18.82% -30.59% - -
Enterprise Value (EV) 1 4,605 3,882 5,301 4,675 4,048 3,239 3,064 3,179
Change - -15.69% 36.53% -11.81% -13.41% -19.98% -5.4% 3.76%
P/E 658x -66.9x 2,890x -13x 26.7x 14.7x 12.7x 12.3x
PBR - - - - - - - -
PEG - 0x -28x 0x -0x 0.5x 0.8x 4.2x
Capitalization / Revenue 3.99x 2.89x 4.12x 3.17x 2.64x 1.76x 1.68x 1.63x
EV / Revenue 4.96x 3.67x 4.8x 4.05x 3.59x 2.75x 2.49x 2.5x
EV / EBITDA 18.7x 14.8x 14.9x 12x 9.99x 7.43x 6.63x -
EV / EBIT 22.9x 19.2x 18x 14.6x 11.8x 8.72x 7.66x -
EV / FCF 28.5x 29.2x 39.1x 20.4x 19.9x 12x 10.5x 12.1x
FCF Yield 3.51% 3.42% 2.56% 4.89% 5.03% 8.31% 9.57% 8.23%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.12 -0.88 0.03 -5.68 2.37 3.143 3.643 3.75
Distribution rate - - - - - - - -
Net sales 1 927.7 1,058 1,105 1,155 1,128 1,177 1,230 1,272
EBITDA 1 246.2 262.6 356.5 388.9 405.3 435.7 462.3 -
EBIT 1 200.8 202.6 294.1 320.1 344.4 371.5 400.1 -
Net income 1 5.698 -45.41 1.82 -287 115 141.6 159.4 166.1
Net Debt 1 901 827.4 748.4 1,007 1,071 1,173 997.8 1,113
Reference price 2 78.98 58.86 86.70 73.92 63.32 46.21 46.21 46.21
Nbr of stocks (in thousands) 46,899 51,905 52,507 49,616 47,020 44,719 - -
Announcement Date 2/22/22 2/13/23 2/12/24 2/18/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.22x9.31x15.16x0.78% 3,690B
118.18x51.07x82.89x-.--% 430B
449.83x19.26x75.78x-.--% 90.57B
67.44x14.22x29.99x-.--% 89.16B
152.58x8.92x22.76x-.--% 78.84B
40.99x2.13x16.96x-.--% 75.53B
118.26x5.19x24.1x-.--% 45.23B
-305.31x6.36x21.07x-.--% 42.12B
29.13x5.99x28.72x-.--% 38.3B
Average 77.37x 13.60x 35.27x 0.09% 508.84B
Weighted average by Cap. 43.53x 13.31x 23.43x 0.63%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA