Bridgeline Digital, Inc. (BLIN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-299.4%

-$1.38

vs $0.69 price

Levered DCF

-$0.52

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-7.37

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-5.28×	-6.05×	-0.91×	6.24×	-3.64×	20.28×	-0.24×	-0.57×
P/B	1.55×	1.2×	0.76×	0.66×	1.39×	1.52×	0.6×	0.94×
P/S	0.96×	0.78×	0.54×	0.8×	1.84×	0.61×	0.23×	0.31×
EV / EBITDA	-8.34×	-13.57×	-0.95×	-97.24×	13.5×	4.67×	-0.24×	-1.11×
Gross margin	66.6%	67.9%	68.4%	69.6%	65.8%	58.7%	46.1%	50.3%
Operating margin	-15.8%	-13.1%	-62.4%	-11.3%	-8.9%	-15.1%	-111.2%	-51.5%
Net margin	-16.4%	-12.8%	-59.4%	12.8%	-50.4%	3.0%	-95.2%	-53.2%
Current ratio	0.7×	0.62×	0.77×	0.89×	1.25×	0.53×	0.44×	0.75×
Debt / equity	0.05×	0.07×	0.1×	0.08×	0.15×	0.09×	0×	0.81×
Interest coverage	-19.26×	-33.1×	-52.46×	0×	-1.34×	-234.86×	-20.73×	-17.74×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	13.8%	4.7%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-3.3%	-2.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-26.3%	-19.6%	-82.3%	10.5%	-38.1%	7.5%	-249.6%	-163.2%
Return on invested capital	-22.6%	-17.5%	-73.8%	-8.0%	-3.6%	-22.0%	-151.2%	-84.7%
Return on assets	-16.4%	-12.6%	-53.5%	7.8%	-19.1%	3.1%	-84.9%	-65.6%
Free cash flow yield	-7.6%	-6.6%	2.9%	-2.5%	-4.5%	-7.5%	-184.8%	-28.1%
Earnings yield	-17.0%	-16.4%	-109.0%	16.0%	-27.4%	4.9%	-413.6%	-174.3%
Enterprise value	$13.7M	$11.3M	$7.4M	$12.2M	$18.1M	$6.1M	$2M	$7.1M
Net debt / EBITDA	0.71×	0.84×	0.17×	10×	-4.68×	-0.37×	0.04×	-0.46×
Cash conversion cycle (days)	-83	-52	-68	-44	-41	-62	-59	-39