Backblaze (FRA:L45) Margin of Safety % (DCF FCF Based): N/A (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:L45 Backblaze Inc FRA:L45
35 GF Score
Price €11.38
GF Value €4.86
! 4 Warning Signs
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What is Backblaze Margin of Safety % (DCF FCF Based)?

Margin of Safety % (DCF FCF Based) = (Intrinsic Value: DCF (FCF Based) - Current Price) / Intrinsic Value: DCF (FCF Based).

Note: Discounted FCF model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Backblaze's Predictability Rank is Not Rated. Thus, the DCF related results in the screener and portfolio will appear as zero and Margin of Safety % (DCF FCF Based) is not calculated.

FRA:L45 vs SABR, RPD, TCGLF: Margin of Safety % (DCF FCF Based) Comparison

For the Software - Infrastructure subindustry, Backblaze's Margin of Safety % (DCF FCF Based), along with its competitors' market caps and Margin of Safety % (DCF FCF Based) 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.

Backblaze Margin of Safety % (DCF FCF Based) vs Software Industry

For the Software industry and Technology sector, Backblaze's Margin of Safety % (DCF FCF Based) distribution charts can be found below:

* The bar in red indicates where Backblaze's Margin of Safety % (DCF FCF Based) falls into.


FRA:L45
35GF Score
Backblaze Inc FRA:L45
Margin of Safety % (DCF FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Backblaze (FRA:L45) Overvalued in 2026?

Based on GuruFocus' analysis, Backblaze stock appears to be overvalued. The current stock price of €11.38 is trading 134.2% above its estimated GF Value™ of €4.86.

Key valuation signals for FRA:L45:

  • Margin of Safety % (DCF FCF Based): N/A
  • GF Value™: €4.86 vs. price of €11.38 (134.2% above fair value)
  • GF Score™: 35/100 with 4 warning signs

No single metric tells the full story. See the FRA:L45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Backblaze Business Description

Other Exchanges BLZE:USA
Address 2261 Market Street, Suite 81006, San Francisco, CA, USA, 94114
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud platform, a purpose-built, web-scale software architecture operating on commodity hardware. Backblaze's offerings include B2 Cloud Storage, an Infrastructure-as-a-Service (IaaS) solution, and Computer Backup, a Software-as-a-Service (SaaS) solution. Its customer base includes individuals, developers, MSPs, small and medium-sized businesses, and large enterprises across industries, academic institutions, government agencies, and other enterprises. Geographically, the company generates maximum revenue from its business in the United States, followed by the United Kingdom, Canada, and other markets.
35GF Score

Get the complete analysis for FRA:L45

Margin of Safety % (DCF FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.38
Price
€4.86
GF Value