COMP <GO>
BLKB vs VERX // EV/EBITDA & P/E VALUATION
Blackbaud Inc. (NASDAQ) VS. Vertex Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: BLKB 4
— VERX 6
■ METRIC PARITY
LAST: $52.71 (+0.38%) • MKT CAP: $2.37B
valuation
17.3x
LAST: $14.86 (+0.34%) • MKT CAP: $2.41B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BLKB VS. VERX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BLKB | VERX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 58.80% | 64.30% | -5.50 | VERX | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 13.30% | 0.70% | +12.60 | BLKB | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 17.3x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 10.87% | 6.87% | +4.00 | BLKB | /fcf-yield <GO> |
| Operating Margin | 16.90% | 0.30% | +16.60 | BLKB | /operating-margins <GO> |
| Net Profit Margin | 10.20% | 1.00% | +9.20 | BLKB | /net-margins <GO> |
| Revenue Growth (YoY) | -2.30% | 12.20% | -14.50 | VERX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.23 | 1.96 | -0.73 | VERX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | VERX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.2 | 70.2 | -5.06 | VERX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 19.2x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.37B | $2.41B | -$39.7M | VERX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BLKB REV | VERX REV | BLKB GROSS % | VERX GROSS % | BLKB FCF | VERX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.13B | $748.4M | 58.8% | 64.3% | $257.8M | $165.5M |
| FY 2024 | $1.15B | $666.8M | 54.7% | 63.9% | $288.5M | $164.8M |
| FY 2023 | $1.11B | $572.4M | — | — | $199.6M | $74.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BLKB // BETA —
VERX // BETA —