Blacklinefety (TSX:BLN) GF Value Rank : 3 (As of Dec. 14, 2024)

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What is Blacklinefety GF Value Rank?

Blacklinefety has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Blacklinefety's GF Value Rank

For the Software - Application subindustry, Blacklinefety's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Blacklinefety's GF Value Rank Distribution in the Software Industry

For the Software industry and Technology sector, Blacklinefety's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Blacklinefety's GF Value Rank falls into.

Blacklinefety GF Value Rank Related Terms

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Blacklinefety Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackline Safety Corp (TSX:BLN) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BLKLF:USA

Address

803-24 Avenue S.E., Unit 100, Calgary, AB, CAN, T2G 1P5

Website

https://www.blacklinesafety.com

Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include, Product segment and Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.

Executives

Kevin Joseph Meyers	Senior Officer
John Robert Finbow	Director
Brendon John Mckay Cook	Senior Officer
Cody Slater	Director
Dak Capital Inc.	10% Security Holder
Robert Herdman	Director
Michael Franklin Hayduk	Director
Sean Stinson	Senior Officer
Shane Martin Grennan	Senior Officer

Blacklinefety Headlines

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