BLZE Relative Valuation
BLZE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BLZE is overvalued; if below, it's undervalued.
Historical Valuation
Backblaze Inc (BLZE) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -23.86. The fair price of Backblaze Inc (BLZE) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：4.76
Fair
117.68
PE
1Y
3Y
5Y
Trailing
Forward
8.85
EV/EBITDA
Backblaze Inc. (BLZE) has a current EV/EBITDA of 8.85. The 5-year average EV/EBITDA is 4.91. The thresholds are as follows: Strongly Undervalued below -155.05, Undervalued between -155.05 and -75.07, Fairly Valued between 84.90 and -75.07, Overvalued between 84.90 and 164.88, and Strongly Overvalued above 164.88. The current Forward EV/EBITDA of 8.85 falls within the Historic Trend Line -Fairly Valued range.
42.89
EV/EBIT
Backblaze Inc. (BLZE) has a current EV/EBIT of 42.89. The 5-year average EV/EBIT is -5.46. The thresholds are as follows: Strongly Undervalued below -110.93, Undervalued between -110.93 and -58.19, Fairly Valued between 47.28 and -58.19, Overvalued between 47.28 and 100.01, and Strongly Overvalued above 100.01. The current Forward EV/EBIT of 42.89 falls within the Historic Trend Line -Fairly Valued range.
1.74
PS
Backblaze Inc. (BLZE) has a current PS of 1.74. The 5-year average PS is 2.45. The thresholds are as follows: Strongly Undervalued below -0.45, Undervalued between -0.45 and 1.00, Fairly Valued between 3.89 and 1.00, Overvalued between 3.89 and 5.34, and Strongly Overvalued above 5.34. The current Forward PS of 1.74 falls within the Historic Trend Line -Fairly Valued range.
8.73
P/OCF
Backblaze Inc. (BLZE) has a current P/OCF of 8.73. The 5-year average P/OCF is 35.99. The thresholds are as follows: Strongly Undervalued below -315.16, Undervalued between -315.16 and -139.59, Fairly Valued between 211.56 and -139.59, Overvalued between 211.56 and 387.14, and Strongly Overvalued above 387.14. The current Forward P/OCF of 8.73 falls within the Historic Trend Line -Fairly Valued range.
105.09
P/FCF
Backblaze Inc. (BLZE) has a current P/FCF of 105.09. The 5-year average P/FCF is -10.07. The thresholds are as follows: Strongly Undervalued below -143.78, Undervalued between -143.78 and -76.92, Fairly Valued between 56.78 and -76.92, Overvalued between 56.78 and 123.64, and Strongly Overvalued above 123.64. The current Forward P/FCF of 105.09 falls within the Overvalued range.
Backblaze Inc (BLZE) has a current Price-to-Book (P/B) ratio of 3.29. Compared to its 3-year average P/B ratio of 5.01 , the current P/B ratio is approximately -34.32% higher. Relative to its 5-year average P/B ratio of 3.39, the current P/B ratio is about -2.75% higher. Backblaze Inc (BLZE) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -4.36%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -4.38% , the current FCF yield is about -100.00% lower.
3.38
P/B
Median3y
5.01
Median5y
3.39
4.11
FCF Yield
Median3y
-4.36
Median5y
-4.38
Competitors Valuation Multiple
The average P/S ratio for BLZE's competitors is 0.00, providing a benchmark for relative valuation. Backblaze Inc Corp (BLZE) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 14.03%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of BLZE decreased by 19.27% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -5.37 to -7.55.
The secondary factor is the Revenue Growth, contributed 14.03%to the performance.
Overall, the performance of BLZE in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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