Blackbaud, Inc. (BLKB) vs nCino Inc. (NCNO)

Blackbaud, Inc. and nCino Inc. are both Software Application companies. Blackbaud, Inc. and nCino Inc. are of similar size ($2.5B and $2.5B). Blackbaud, Inc. trades at the lower P/E: 17.0× against 74.8×. nCino Inc. grew revenue faster over the last twelve months: 8.57% against 2.21%. Blackbaud, Inc. has the higher net margin (12.9% vs 5.40%) and the higher return on invested capital (20.8% vs 2.63%). Across the 22 metrics below, Blackbaud, Inc. leads on 16 and nCino Inc. on 6.

Valuation

Metric BLKB NCNO Software Application median
P/E 16.98 74.84 25.90
P/S 2.13 3.91 3.04
P/B 20.71 2.62 2.60
Price to free cash flow 8.86 18.41 17.17
EV/EBITDA 9.57 24.85 15.48
EV/Sales 2.63 4.30 2.89
Earnings yield 5.89% 1.34% 0.00%
Free cash flow yield 11.29% 5.43% 1.98%

Profitability

Metric BLKB NCNO Software Application median
Gross margin 59.92% 62.24% 66.89%
Operating margin 20.05% 7.92% 0.00%
Net margin 12.87% 5.40% 0.00%
Free cash flow margin 24.09% 21.24% 5.77%
Return on equity 131.11% 3.38% 0.00%
Return on assets 7.09% 2.11% 0.00%
Return on invested capital 20.75% 2.63% 0.00%

Growth

Metric BLKB NCNO Software Application median
Revenue growth (TTM) 2.21% 8.57% 12.27%
EPS growth (last fiscal year) 141.73% 115.15% 32.11%
Revenue growth, 5-year CAGR 4.32% 23.83% 14.34%
Net income growth, 5-year CAGR 71.64% 0.00% 0.00%

Health

Metric BLKB NCNO Software Application median
Debt to equity 8.74 0.35 0.02
Current ratio 0.68 0.85 1.53
Net debt to EBITDA 1.26 2.88 0.09

Dividend

Metric BLKB NCNO Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric BLKB NCNO Software Application median
Market cap 2.51b 2.45b 487.58m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack