# BlackBerry Limited (BB.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Technology / Software. Price C$10.64, market value C$6.2 billion.

## Valuation
- **P/E (trailing): 76.0×** (5-yr avg 254.7×, 3-yr avg 51.4×). BlackBerry Limited trades at 76.0× trailing earnings, well below its own five-year average of 254.7×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 33.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.20**. A PEG of 0.20 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 7.8×**. Each dollar of revenue is priced at 7.8×.
- **Price / book: 6.0×**. The shares trade at 6.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 47.9×**. Enterprise value is 47.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.5%** (5-yr avg -1.9%). Free cash flow equals 1.5% of the market value, above its five-year average of -1.9%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 1.3%**. The inverse of the P/E: 1.3% of the price is earned each year.

## Profitability
- **Gross margin: 76.0%**. BlackBerry Limited keeps 76.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 12.6%**. 12.6% of revenue is left after running the business.
- **Net margin: 9.7%**. 9.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.3%**. 7.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 10.1%**. Return on all capital, debt included, is 10.1%.
- **Return on assets: 4.8%**. Each dollar of assets produces 4.8% of profit.

## Growth
- **Revenue growth (1 yr): 4.3%** (3-yr 2.0%/yr, 5-yr -9.0%/yr). Revenue grew 4.3% over the last year, against -9.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 169.2%**. Earnings per share rose 169.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.30**. Debt is 0.30 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. BlackBerry Limited holds more cash than debt.
- **Interest coverage: 20.4×**. Operating profit covers interest 20.4× over, a safe margin.
- **Current ratio: 2.12** (quick 2.12). Current assets cover the next year's liabilities 2.12 times.
- **Altman Z-score: 9.26**. A Z-score of 9.26 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. BlackBerry Limited does not currently pay a dividend, but it returned 1.3% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: hold** (3 analysts). 3 analysts cover BlackBerry Limited; the consensus is hold, with an average price target of C$11.22 (+5% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 102.7%** (YTD 105.4%, 3-mo -18.7%). The shares are up 102.7% over twelve months including dividends.
- **From 52-week high: -42.3%** (144.6% above the low). Trading 42% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 0.99** (volatility 61%). Beta of 0.99 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BB.TO · Page: https://foliofundamentals.com/stocks/bb.to

Not investment advice.