BlackBerry Ltd
TSX:BB

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BlackBerry Ltd
TSX:BB
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Price: 5.9 CAD -1.67% Market Closed
Market Cap: 3.5B CAD

Relative Value

The Relative Value of one BB stock under the Base Case scenario is 5.03 CAD. Compared to the current market price of 5.9 CAD, BlackBerry Ltd is Overvalued by 15%.

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
5.03 CAD
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
29
Median 3Y
3.8
Median 5Y
4.3
Industry
2.4
Forward
4.6
vs History
vs Industry
Median 3Y
-12.3
Median 5Y
-10.5
Industry
22.5
Forward
30.4
vs History
30
vs Industry
0
Median 3Y
-11.6
Median 5Y
-8.5
Industry
16.2
vs History
12
vs Industry
Median 3Y
-9.9
Median 5Y
-14.9
Industry
20.8
vs History
28
vs Industry
33
Median 3Y
2.7
Median 5Y
2.8
Industry
3
vs History
31
vs Industry
28
Median 3Y
3.2
Median 5Y
3.9
Industry
2.4
Forward
4.4
vs History
39
vs Industry
36
Median 3Y
5
Median 5Y
5.6
Industry
4.9
vs History
38
vs Industry
7
Median 3Y
31.5
Median 5Y
17.7
Industry
12.3
Forward
25.7
vs History
17
vs Industry
26
Median 3Y
17.9
Median 5Y
-10.9
Industry
15.8
Forward
28.1
vs History
31
vs Industry
1
Median 3Y
-10.2
Median 5Y
-6.9
Industry
14.8
vs History
31
vs Industry
Median 3Y
-11
Median 5Y
-10.2
Industry
17.4
vs History
20
vs Industry
41
Median 3Y
1.7
Median 5Y
2
Industry
2.4

Multiples Across Competitors

BB Competitors Multiples
BlackBerry Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
BlackBerry Ltd
TSX:BB
3.5B CAD 4.7 -903.9 27.5 40.8
US
Microsoft Corp
NASDAQ:MSFT
3.6T USD 12.1 33.9 20.2 26.1
US
Oracle Corp
NYSE:ORCL
539.7B USD 9.1 43.4 24.3 32.8
US
ServiceNow Inc
NYSE:NOW
179.5B USD 14.2 103.7 72.1 100.1
US
Palo Alto Networks Inc
NASDAQ:PANW
131.1B USD 13.7 117.4 78.6 100.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
127.2B USD 27.9 -405 -2 218.6 -388.7
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.7 22 37.1
US
Fortinet Inc
NASDAQ:FTNT
61.1B USD 9.3 32.6 26.9 28.9
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.8 744.2 269 376.8
US
Zscaler Inc
NASDAQ:ZS
37.7B USD 13.3 -918.1 13 622.1 -268.8
IL
Cyberark Software Ltd
NASDAQ:CYBR
23.4B USD 17.9 -103 -2 130.8 -167.5
P/E Multiple
Earnings Growth PEG
CA
BlackBerry Ltd
TSX:BB
Average P/E: 160.4
Negative Multiple: -903.9
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
33.9
18%
1.9
US
Oracle Corp
NYSE:ORCL
43.4
37%
1.2
US
ServiceNow Inc
NYSE:NOW
103.7
53%
2
US
Palo Alto Networks Inc
NASDAQ:PANW
117.4
46%
2.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -405 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.7
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
32.6
12%
2.7
US
Xperi Holding Corp
LSE:0M2A
744.2
38%
19.6
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -918.1 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -103 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBITDA: 1 573.6
27.5
18%
1.5
US
Microsoft Corp
NASDAQ:MSFT
20.2
20%
1
US
Oracle Corp
NYSE:ORCL
24.3
41%
0.6
US
ServiceNow Inc
NYSE:NOW
72.1
53%
1.4
US
Palo Alto Networks Inc
NASDAQ:PANW
78.6
41%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -2 218.6
185%
N/A
US
V
VMware Inc
XETRA:BZF1
22
19%
1.2
US
Fortinet Inc
NASDAQ:FTNT
26.9
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
269
8%
33.6
US
Zscaler Inc
NASDAQ:ZS
13 622.1
N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -2 130.8 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
BlackBerry Ltd
TSX:BB
Average EV/EBIT: 92.9
40.8
36%
1.1
US
Microsoft Corp
NASDAQ:MSFT
26.1
17%
1.5
US
Oracle Corp
NYSE:ORCL
32.8
37%
0.9
US
ServiceNow Inc
NYSE:NOW
100.1
65%
1.5
US
Palo Alto Networks Inc
NASDAQ:PANW
100.3
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -388.7 N/A N/A
US
V
VMware Inc
XETRA:BZF1
37.1
30%
1.2
US
Fortinet Inc
NASDAQ:FTNT
28.9
17%
1.7
US
Xperi Holding Corp
LSE:0M2A
376.8
25%
15.1
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -268.8 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -167.5 N/A N/A