Blackline Return On Asset vs. Price To Sales

BL Stock  USD 64.94  1.08  1.69%   
Based on the measurements of profitability obtained from Blackline's financial statements, Blackline is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in January. Profitability indicators assess Blackline's ability to earn profits and add value for shareholders. At this time, Blackline's Days Sales Outstanding is quite stable compared to the past year. EV To Sales is expected to rise to 14.98 this year, although the value of Price To Sales Ratio will most likely fall to 6.12. At this time, Blackline's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 48.5 M this year, although the value of Change To Netincome will most likely fall to about 29.9 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.60.7512
Significantly Down
Slightly volatile
For Blackline profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackline to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackline utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackline's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackline over time as well as its relative position and ranking within its peers.
  

Blackline's Revenue Breakdown by Earning Segment

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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.429
Earnings Share
0.98
Revenue Per Share
10.347
Quarterly Revenue Growth
0.101
Return On Assets
0.0095
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Blackline Price To Sales vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Blackline's current stock value. Our valuation model uses many indicators to compare Blackline value to that of its competitors to determine the firm's financial worth.
Blackline is rated below average in return on asset category among its peers. It is rated below average in price to sales category among its peers fabricating about  656.71  of Price To Sales per Return On Asset. At this time, Blackline's Price To Sales Ratio is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackline by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Blackline Price To Sales vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Blackline

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0095
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Blackline

P/S

 = 

MV Per Share

Revenue Per Share

 = 
6.24 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Blackline Price To Sales Comparison

Blackline is currently under evaluation in price to sales category among its peers.

Blackline Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Blackline, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackline will eventually generate negative long term returns. The profitability progress is the general direction of Blackline's change in net profit over the period of time. It can combine multiple indicators of Blackline, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income205 K215.2 K
Operating Income14.3 M15.1 M
Net Income52.8 M55.5 M
Income Tax Expense1.4 M1.5 M
Net Income From Continuing Ops45.3 M47.6 M
Income Before Tax60.5 M63.5 M
Total Other Income Expense Net46.2 M48.5 M
Net Loss-26.5 M-27.8 M
Interest Income45.3 M47.5 M
Net Interest Income39.4 M41.3 M
Non Operating Income Net Other7.9 M8.3 M
Change To Netincome51.4 M29.9 M
Net Income Per Share 0.87  0.91 
Income Quality 2.40  2.52 
Net Income Per E B T 0.87  0.70 

Blackline Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Blackline. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Blackline position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Blackline's important profitability drivers and their relationship over time.

Use Blackline in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackline will appreciate offsetting losses from the drop in the long position's value.

Blackline Pair Trading

Blackline Pair Trading Analysis

The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackline to buy it.
The correlation of Blackline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Blackline position

In addition to having Blackline in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.
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To fully project Blackline's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blackline at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Blackline's income statement, its balance sheet, and the statement of cash flows.
Potential Blackline investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Blackline investors may work on each financial statement separately, they are all related. The changes in Blackline's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blackline's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.