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