Latest Ratios: P/E Ratio -4.5x · EV/EBITDA N/A · ROE -25.7%. (2004–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14M | $15M | $12M | $9M | $14M | $24M | $7M | $2M | $4M | $12M | $7M |
| Enterprise Value | $13M | $14M | $11M | $7M | $12M | $18M | $6M | $2M | $7M | $14M | $9M |
| P/E Ratio → | -4.52 | — | — | — | 6.24 | — | 20.28 | — | — | — | — |
| P/S Ratio | 0.93 | 0.96 | 0.78 | 0.55 | 0.81 | 1.84 | 0.61 | 0.23 | 0.31 | 0.73 | 0.47 |
| P/B Ratio | 1.33 | 1.55 | 1.20 | 0.76 | 0.67 | 1.39 | 1.52 | 0.60 | 0.94 | 1.06 | 0.65 |
| P/FCF | — | — | — | 34.37 | — | — | — | — | — | — | — |
| P/OCF | — | — | — | 31.27 | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.89 | 0.73 | 0.46 | 0.73 | 1.37 | 0.56 | 0.20 | 0.52 | 0.84 | 0.56 |
| EV / EBITDA | — | — | — | — | — | 953.47 | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | 129.40 | 17.83 | — | — | — | — |
| EV / FCF | — | — | — | 29.26 | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.6% | 66.6% | 67.9% | 68.4% | 69.6% | 65.8% | 58.7% | 46.1% | 50.3% | 56.1% | 54.2% |
| Operating Margin | -15.8% | -15.8% | -13.1% | -62.4% | -11.3% | -8.9% | -15.1% | -111.2% | -51.5% | -8.5% | -22.3% |
| Net Profit Margin | -16.4% | -16.4% | -12.8% | -59.4% | 12.8% | -50.4% | 3.0% | -95.2% | -53.2% | -9.8% | -49.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -25.7% | -25.7% | -18.3% | -59.3% | 11.3% | -61.0% | 8.0% | -230.5% | -92.0% | -14.1% | -91.1% |
| ROA | -16.3% | -16.3% | -11.8% | -41.8% | 6.9% | -29.3% | 3.0% | -85.5% | -50.5% | -9.1% | -42.4% |
| ROIC | -20.6% | -20.6% | -15.5% | -50.8% | -9.4% | -11.7% | -33.4% | -152.7% | -51.4% | -8.0% | -20.1% |
| ROCE | -22.9% | -22.9% | -17.0% | -55.7% | -7.7% | -7.0% | -22.9% | -152.1% | -66.0% | -9.9% | -25.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.07 | 0.10 | 0.08 | 0.15 | 0.09 | — | 0.81 | 0.22 | 0.19 |
| Debt / EBITDA | — | — | — | — | — | 135.32 | — | — | — | — | — |
| Net Debt / Equity | — | -0.12 | -0.07 | -0.11 | -0.06 | -0.36 | -0.11 | -0.08 | 0.67 | 0.16 | 0.13 |
| Net Debt / EBITDA | — | — | — | — | — | -330.58 | — | — | — | — | — |
| Debt / FCF | — | — | — | -5.10 | — | — | — | — | — | — | — |
| Interest Coverage | -19.29 | -19.29 | -31.85 | -49.42 | — | 0.16 | 49.14 | -16.73 | -17.33 | -6.89 | -2.91 |
Net cash position: cash ($2M) exceeds total debt ($460000)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.70 | 0.70 | 0.62 | 0.77 | 0.89 | 1.25 | 0.53 | 0.44 | 0.75 | 1.14 | 0.97 |
| Quick Ratio | 0.70 | 0.70 | 0.62 | 0.77 | 0.89 | 1.23 | 0.45 | 0.35 | 0.75 | 1.14 | 0.97 |
| Cash Ratio | 0.33 | 0.33 | 0.29 | 0.50 | 0.60 | 1.06 | 0.24 | 0.08 | 0.17 | 0.21 | 0.18 |
| Asset Turnover | — | 1.00 | 0.98 | 0.90 | 0.61 | 0.38 | 1.02 | 0.89 | 1.23 | 0.93 | 0.90 |
| Inventory Turnover | — | — | — | — | — | 25.32 | 16.82 | 15.27 | — | — | — |
| Days Sales Outstanding | — | 36.59 | 30.61 | 23.07 | 25.65 | 37.71 | 22.25 | 35.91 | 46.30 | 67.79 | 58.53 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | 13.8% | 4.7% | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 16.0% | — | 4.9% | — | — | — | — |
| FCF Yield | — | — | — | 2.9% | — | — | — | — | — | — | — |
| Buyback Yield | 2.3% | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 2.3% | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 13.8% | 4.7% | 0.0% | 0.0% |
| Shares Outstanding | — | $11M | $10M | $10M | $10M | $6M | $4M | $1M | $84548 | $82942 | $37860 |
Liquidity and going concern
As reported in recent financial filings, Bridgeline Digital trades at a price-to-sales multiple of 0.95, a valuation level that suggests the market views the company as a distressed asset rather than a growth-oriented software firm, given the lack of profitability and stagnant top-line performance over recent periods.
The current P/S multiple implies that investors are assigning little to no premium for the company's SaaS-based recurring revenue model. This valuation appears to be a direct consequence of the persistent operating losses and the absence of a clear path to GAAP profitability, which forces the market to price the equity based on liquidation or acquisition potential rather than earnings power.
Based on the provided financial data, Bridgeline's ROIC has remained consistently negative, reaching -3.2% in 2026Q2, which indicates that the company is failing to generate adequate returns on its invested capital and is instead eroding shareholder value through its current operational structure and acquisition-led strategy.
The inability to achieve positive returns on capital suggests that the company's historical acquisitions have not yet yielded the expected synergies or cross-selling benefits. Investors should monitor whether management can improve capital efficiency, as the current trend of negative returns appears to be a structural issue rather than a temporary setback.
According to recent quarterly reports, Bridgeline's asset turnover ratio has remained stagnant at approximately 0.25, indicating that the company is struggling to generate sufficient revenue from its existing asset base, which is heavily weighted toward intangible assets acquired through previous M&A activity rather than productive operational capacity.
The low asset turnover highlights the difficulty the firm faces in scaling its operations without significant additional investment. The reliance on intangible assets, which do not contribute directly to cash generation, further complicates the company's ability to improve its efficiency metrics in the near term.
As reported in financial statements, Bridgeline's current ratio has consistently hovered below 1.0, with a 0.67 reading in 2026Q2, signaling that the company lacks sufficient liquid assets to cover its short-term obligations, thereby increasing the risk of a liquidity crisis in the event of unexpected operational disruptions.
This liquidity profile suggests that the company is operating with almost no margin for error, making it highly sensitive to fluctuations in customer payments or unexpected increases in operating costs. The reliance on deferred revenue as a liquidity proxy may provide temporary relief, but it does not address the underlying structural cash burn.
The most commonly misapplied metric for Bridgeline is the standard P/S multiple, which obscures the company's severe liquidity constraints and the high probability of dilutive financing, as it fails to account for the firm's inability to reach self-sustaining cash flow despite its recurring revenue model.
Analysts should instead focus on the cash-to-burn ratio and the runway remaining before the company requires additional capital. Using traditional SaaS valuation multiples for a firm with these liquidity characteristics may lead to an overestimation of the equity's value, as it ignores the potential for significant shareholder dilution.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying BLIN stock.
Bridgeline Digital, Inc.'s current P/E ratio is -4.5x. The historical average is 14.6x.
Bridgeline Digital, Inc.'s return on equity (ROE) is -25.7%. The historical average is -39.1%.
Based on historical data, Bridgeline Digital, Inc. is trading at a P/E of -4.5x. Compare with industry peers and growth rates for a complete picture.
Bridgeline Digital, Inc. has 66.6% gross margin and -15.8% operating margin.