BlackBerry Limited (BB) Valuation — DCF, Graham & Comparables

BlackBerry Limited (BB) — Price $8.42 (closing price, October 30, 2026) — Technology — Software - Infrastructure — NYSE

Latest reported results:

Valuation dashboard for BlackBerry Limited (BB) with P/E 66.19, P/B 6.24, EV/EBITDA 41.2 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

BlackBerry Limited stands as a global technology company, delivering intelligent security solutions, software, and comprehensive services to government bodies and businesses worldwide. Its operational structure is divided into three primary segments: Cybersecurity, Internet of Things (IoT), and Licensing & Other ventures. Within its Cybersecurity division, the company offers the sophisticated BlackBerry Cyber Suite.

What would it be worth at its usual multiples?

Versus its usual multiples: expensive · Current P/E 66.2× · Multiples range: $4.01 · $4.01.

At its sector median (31.5×) $4 (-52 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

BlackBerry Limited reported revenue of $549.1M in the most recent fiscal year, growing at a 5-year CAGR of -9.3%.

Trailing-twelve-month margins: gross margin 77.9%, operating margin 13.8%, net margin 13.1%.

At $8.42 (closing price, October 30, 2026), BB trades at a P/E of 66.19 and an ROE of 10.62%. Market capitalisation stands at $4.9B.

Balance sheet quality for BB: debt-to-equity ratio of 0.28, current ratio of 2.38 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio66.19
Price / Book6.24
EV / EBITDA41.2
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
BBBlackBerry Limited$4.9B66.196.2410.6%
SPSCSPS Commerce, Inc.$2.9B36.883.198.7%
EEFTEuronet Worldwide, Inc.$2.4B10.272.2222.2%
RUMRumble Inc.$2.3B1.13-29.3%
BRZEBraze, Inc.$5.2B8.48-18.8%
AVPTAvePoint, Inc.$3.6B54.508.2215.7%
YOUClear Secure, Inc.$4.7B31.0722.4582.4%
NATLNCR Atleos Corporation$3.4B17.907.2949.2%

Price

Price$8.42 (closing price, October 30, 2026)
Market Cap$4.9B
ExchangeNYSE
CountryCA

Profitability

Return on Equity10.62%
Return on Invested Capital7.19%
Return on Assets6.37%
Gross Margin77.87%
Operating Margin13.79%
Net Margin13.09%

Related companies: SPSC · EEFT · RUM · BRZE · AVPT · YOU · NATL · PAGS

Explore sector: Technology · Software - Infrastructure

More sections of BB: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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