Blackboxstocks Inc. (NASDAQ: BLBX)

Sector: Technology Industry: Software - Application CIK: 0001567900
Market Cap 40.58 Mn
P/B 8.48
P/E -10.77
P/S 16.99
ROIC (Qtr) -53.01
Div Yield % 0.00
Rev 1y % (Qtr) 7.59
Total Debt (Qtr) 1.86 Mn
Debt/Equity (Qtr) 0.39

About

Price action

Investment thesis

Bull case

  • Strong tangible asset base of 8.82M provides 4.75x coverage of total debt 1.86M, indicating robust asset backing and low credit risk.
  • Tangible assets of 8.82M provide exceptional 17.11x coverage of deferred revenue 515550, showing strong service capability backing.
  • Operating cash flow of (2.67M) fully covers other non-current liabilities (515550) by 5.19x, showing strong long-term stability.
  • Long-term investments of 8.42M provide solid 48.39x coverage of long-term debt 174093, indicating strategic financial planning.
  • Operating cash flow of (2.67M) provides strong 115.66x coverage of operating expenses (23121), showing operational efficiency.

Bear case

  • Investment activities of 0 provide weak support for R&D spending of 422560, which is 0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Operating cash flow of (2.67M) provides insufficient coverage of deferred revenue obligations of 515550, which is -5.19x, raising concerns about future service delivery capabilities.
  • The company's operating cash flow of (2.67M) shows concerning coverage of stock compensation expenses of 347582, with a -7.69 ratio indicating potential earnings quality issues.
  • High receivables of 13675 relative to inventory of 3464 (3.95 ratio) suggests aggressive credit terms or collection difficulties, potentially masking revenue quality issues.
  • Operating earnings of (3.67M) show weak coverage of depreciation charges of 6819, with a -537.53 ratio indicating high capital intensity and potential reinvestment needs.

Peer comparison

Companies in the Software - Application
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SAP Sap Se 234.56 Bn 28.15 5.46 10.73 Bn
2 CRM Salesforce, Inc. 204.28 Bn 32.96 5.39 11.14 Bn
3 SHOP Shopify Inc. 169.36 Bn 95.09 15.83 1.12 Bn
4 UBER Uber Technologies, Inc 167.13 Bn 10.04 3.37 12.19 Bn
5 INTU Intuit Inc. 140.92 Bn 175.06 33.55 6.78 Bn
6 ADBE Adobe Inc. 124.98 Bn 17.53 5.26 6.65 Bn
7 NOW ServiceNow, Inc. 121.03 Bn 69.24 9.11 2.40 Bn
8 ADP Automatic Data Processing Inc 100.13 Bn 23.64 4.72 4.37 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 4.86 2.50
EV to Cash from Ops. EV/CFO -16.03 12.27
EV to Debt EV to Debt 23.07 50.31
EV to EBIT EV/EBIT -11.69 10.96
EV to EBITDA EV/EBITDA -12.91 16.84
EV to Free Cash Flow [EV/FCF] EV/FCF -16.03 14.08
EV to Market Cap EV to Market Cap 1.06 -118.20
EV to Revenue EV/Rev 17.95 4.45
Price to Book Value [P/B] P/B 8.48 4.27
Price to Earnings [P/E] P/E -10.77 -133.65
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -3.97
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 4.25
Dividend per Basic Share Div per Share (Qtr) 0.00 0.15
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 2.54
Interest Coverage Int. cover (Qtr) -35.81 -51.80
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -210.77
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 52.96 9,906.83
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 1.62
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -14.90 -265.85
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 3.74 55.76
EBIT Growth (1y) % EBIT 1y % (Qtr) -14.90 -227.83
EBT Growth (1y) % EBT 1y % (Qtr) -18.10 -88.00
EPS Growth (1y) % EPS 1y % (Qtr) -7.22 121.91
FCF Growth (1y) % FCF 1y % (Qtr) -312.64 -40.82
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) -27.21 92.11
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.27 0.58
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 0.02 3.77
Current Ratio Curr Ratio (Qtr) 0.04 8.19
Debt to Equity Ratio Debt/Equity (Qtr) 0.39 0.16
Interest Cover Ratio Int Coverage (Qtr) -35.81 -51.80
Times Interest Earned Times Interest Earned (Qtr) -35.81 -51.80
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -153.20 -105.77
EBIT Margin % EBIT Margin % (Qtr) -153.50 -131.65
EBT Margin % EBT Margin % (Qtr) -157.79 -122.72
Gross Margin % Gross Margin % (Qtr) 39.40 58.14
Net Profit Margin % Net Margin % (Qtr) -157.80 -127.70