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BLKB (Blackbaud) Cyclically Adjusted Price-to-FCF : 19.33 (As of Jun. 02, 2025)


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What is Blackbaud Cyclically Adjusted Price-to-FCF?

As of today (2025-06-02), Blackbaud's current share price is $62.23. Blackbaud's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $3.22. Blackbaud's Cyclically Adjusted Price-to-FCF for today is 19.33.

The historical rank and industry rank for Blackbaud's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BLKB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.14   Med: 31.62   Max: 60.08
Current: 19.3

During the past years, Blackbaud's highest Cyclically Adjusted Price-to-FCF was 60.08. The lowest was 15.14. And the median was 31.62.

BLKB's Cyclically Adjusted Price-to-FCF is ranked better than
63.9% of 698 companies
in the Software industry
Industry Median: 29.895 vs BLKB: 19.30

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Blackbaud's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $-0.248. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackbaud Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Blackbaud's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackbaud Cyclically Adjusted Price-to-FCF Chart

Blackbaud Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.74 30.97 20.74 29.45 23.09

Blackbaud Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.10 24.80 26.86 23.09 19.25

Competitive Comparison of Blackbaud's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Blackbaud's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackbaud's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Blackbaud's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Blackbaud's Cyclically Adjusted Price-to-FCF falls into.


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Blackbaud Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Blackbaud's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=62.23/3.22
=19.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackbaud's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Blackbaud's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.248/134.9266*134.9266
=-0.248

Current CPI (Mar. 2025) = 134.9266.

Blackbaud Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.754 100.684 1.010
201509 0.655 100.392 0.880
201512 0.663 99.792 0.896
201603 -0.146 100.470 -0.196
201606 0.654 101.688 0.868
201609 0.878 101.861 1.163
201612 0.926 101.863 1.227
201703 0.073 102.862 0.096
201706 0.667 103.349 0.871
201709 1.235 104.136 1.600
201712 0.902 104.011 1.170
201803 -0.023 105.290 -0.029
201806 0.865 106.317 1.098
201809 1.201 106.507 1.521
201812 1.058 105.998 1.347
201903 -0.473 107.251 -0.595
201906 0.789 108.070 0.985
201909 1.290 108.329 1.607
201912 0.949 108.420 1.181
202003 -0.791 108.902 -0.980
202006 0.996 108.767 1.236
202009 0.847 109.815 1.041
202012 0.506 109.897 0.621
202103 0.366 111.754 0.442
202106 1.168 114.631 1.375
202109 1.199 115.734 1.398
202112 0.617 117.630 0.708
202203 0.148 121.301 0.165
202206 0.765 125.017 0.826
202209 1.731 125.227 1.865
202212 -0.072 125.222 -0.078
202303 0.124 127.348 0.131
202306 0.690 128.729 0.723
202309 2.045 129.860 2.125
202312 -0.324 129.419 -0.338
202403 0.960 131.776 0.983
202406 0.632 132.554 0.643
202409 1.711 133.029 1.735
202412 1.152 133.157 1.167
202503 -0.248 134.927 -0.248

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Blackbaud  (NAS:BLKB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Blackbaud Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Blackbaud's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackbaud Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackbaud Inc (NAS:BLKB) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
Executives
Jon W Olson officer: General Counsel C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Kevin Mcdearis officer: Chief Products Officer C/O BLACKBAUD, INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Michael P Gianoni director, officer: President and CEO 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Anthony W Boor officer: CFO and Senior VP C/O BRIGHTPOINT INC, 7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Rupal S Hollenbeck director C/O BLACKBAUD, INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Sarah E Nash director 200 MILIK STREET, CARTERET NJ 07008
Kevin P. Gregoire officer: Pres. Enterprise Market Group 255 FISERV DRIVE, BROOKFIELD WI 53045
David J Benjamin officer: EVP, Chief Commercial Officer C/O BLACKBAUD INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
George H Ellis director 2911 TURTLE CREEK BOULEVARD, SUITE 1100, DALLAS TX 75219
Kevin W Mooney officer: Sr VP&Chief Commercial Officer
Yogesh K Gupta director C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Clearlake Capital Group, L.p. 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
Jose Enrique Feliciano 10 percent owner C/O CLEARLAKE CAPITAL GROUP, LLC, 650 MADISON AVE., 23RD FLOOR, NEW YORK NY 10022
Joyce Nelson director C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492