BLACKBERRY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.87 CAD | +1.84% |
|
+2.38% | -17.66% |
| Apr. 25 | Juniper misses revenue estimates on weak networking gear demand | RE |
| Apr. 15 | Factbox-US, Canadian companies kick off 2024 with layoffs | RE |
Valuation
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,857 | 5,693 | 3,947 | 2,261 | 1,649 | 1,666 | - | - |
| Enterprise Value (EV) 1 | 2,554 | 5,674 | 3,742 | 2,202 | 1,644 | 1,983 | 1,751 | 1,797 |
| P/E ratio | -19.1 x | -5.12 x | 361 x | -3.06 x | -12.7 x | -24 x | -41.9 x | 94.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.6 x | 6.38 x | 5.5 x | 3.45 x | 1.93 x | 2.77 x | 2.44 x | 0.7 x |
| EV / Revenue | 2.32 x | 6.35 x | 5.21 x | 3.36 x | 1.93 x | 3.3 x | 2.57 x | 0.76 x |
| EV / EBITDA | 17.1 x | 34 x | -468 x | -31 x | 28.8 x | 483 x | 34.7 x | 22.7 x |
| EV / FCF | 182 x | 76.7 x | -104 x | -8.15 x | -164 x | 66.6 x | 58.1 x | 31.8 x |
| FCF Yield | 0.55% | 1.3% | -0.96% | -12.3% | -0.61% | 1.5% | 1.72% | 3.14% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 552,791 | 563,968 | 574,762 | 582,157 | 588,931 | 589,233 | - | - |
| Reference price 2 | 5.169 | 10.10 | 6.867 | 3.883 | 2.800 | 2.827 | 2.827 | 2.827 |
| Announcement Date | 3/31/20 | 3/30/21 | 3/31/22 | 3/30/23 | 4/3/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,099 | 893 | 718 | 656 | 853 | 600.9 | 681.7 | 2,376 |
| EBITDA 1 | 149 | 167 | -8 | -71 | 57 | 4.108 | 50.51 | 79 |
| EBIT 1 | 78 | 98 | -69 | -94 | 36 | -19.48 | 36.27 | 70.31 |
| Operating Margin | 7.1% | 10.97% | -9.61% | -14.33% | 4.22% | -3.24% | 5.32% | 2.96% |
| Earnings before Tax (EBT) 1 | -148 | -1,113 | 19 | -720 | -106 | -49.31 | -45.51 | -1.5 |
| Net income 1 | -152 | -1,104 | 12 | -734 | -130 | -70.52 | -39.48 | 20.15 |
| Net margin | -13.83% | -123.63% | 1.67% | -111.89% | -15.24% | -11.74% | -5.79% | 0.85% |
| EPS 2 | -0.2700 | -1.970 | 0.0190 | -1.270 | -0.2200 | -0.1180 | -0.0675 | 0.0300 |
| Free Cash Flow 1 | 14 | 74 | -36 | -270 | -10 | 29.76 | 30.16 | 56.5 |
| FCF margin | 1.27% | 8.29% | -5.01% | -41.16% | -1.17% | 4.95% | 4.42% | 2.38% |
| FCF Conversion (EBITDA) | 9.4% | 44.31% | - | - | - | 724.41% | 59.71% | 71.52% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | 280.4% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/31/20 | 3/30/21 | 3/31/22 | 3/30/23 | 4/3/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: February | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 184 | 185 | 168 | 168 | 169 | 151 | 373 | 132 | 175 | 173 | 134.1 | 142.4 | 155.7 | 166.2 | 145.7 |
| EBITDA 1 | -8 | 20 | -21 | -16 | -22 | -12 | 41 | -22 | 18 | 21 | -17.63 | -5.77 | 7.357 | 14.97 | 1.243 |
| EBIT 1 | -24 | 8 | -27 | -22 | -28 | -17 | 35 | -28 | 13 | 16 | -21.23 | -11.09 | 2.219 | 11.58 | -9.635 |
| Operating Margin | -13.04% | 4.32% | -16.07% | -13.1% | -16.57% | -11.26% | 9.38% | -21.21% | 7.43% | 9.25% | -15.84% | -7.79% | 1.43% | 6.97% | -6.61% |
| Earnings before Tax (EBT) 1 | 76 | 145 | -178 | -49 | - | -493 | -8 | -40 | -6 | -52 | -28.5 | -16 | -3 | 5.5 | -16 |
| Net income 1 | 74 | 144 | -181 | -54 | -4 | -495 | -11 | -42 | -21 | -56 | -37 | -20.94 | -12.04 | -0.89 | -19.14 |
| Net margin | 40.22% | 77.84% | -107.74% | -32.14% | -2.37% | -327.81% | -2.95% | -31.82% | -12% | -32.37% | -27.6% | -14.7% | -7.73% | -0.54% | -13.13% |
| EPS 2 | 0.1171 | 0.2262 | -0.3100 | -0.0900 | -0.0100 | -0.8500 | -0.0200 | -0.0700 | -0.0400 | -0.1000 | -0.0667 | -0.0367 | -0.0200 | - | -0.0300 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/21/21 | 3/31/22 | 6/23/22 | 9/27/22 | 12/20/22 | 3/30/23 | 6/28/23 | 9/28/23 | 12/20/23 | 4/3/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 317 | 84.9 | 131 |
| Net Cash position 1 | 303 | 19 | 205 | 59 | 5 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 77.19 x | 1.68 x | 1.655 x |
| Free Cash Flow 1 | 14 | 74 | -36 | -270 | -10 | 29.8 | 30.2 | 56.5 |
| ROE (net income / shareholders' equity) | 2.87% | -32.9% | -3.59% | -60.8% | -15.9% | -12.3% | -2.1% | 3% |
| ROA (Net income/ Total Assets) | 1.88% | -54.8% | -2.04% | -34.6% | -8.46% | -6.7% | -1.1% | 1.5% |
| Assets 1 | -8,068 | 2,016 | -587.5 | 2,123 | 1,537 | 1,053 | 3,589 | 1,343 |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 0.0400 | - | - | -0.4100 | -0.0100 | 0.0600 | 0.1200 | 0.1400 |
| Capex 1 | 12 | 8 | 8 | 7 | 7 | 15.3 | 16.4 | 15 |
| Capex / Sales | 1.09% | 0.9% | 1.11% | 1.07% | 0.82% | 2.54% | 2.41% | 0.63% |
| Announcement Date | 3/31/20 | 3/30/21 | 3/31/22 | 3/30/23 | 4/3/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
2.827
USD
Average target price
3.499
USD
Spread / Average Target
+23.78%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -17.66% | 1.67B | |
| -1.17% | 94.04B | |
| +9.65% | 48.97B | |
| -1.04% | 17.07B | |
| -9.60% | 13.14B | |
| +10.75% | 10.26B | |
| +64.17% | 4.83B | |
| -24.96% | 3.12B | |
| -10.28% | 1.16B | |
| -21.86% | 791M |
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