(BILL) Bill Com Holdings - Overview
Sector: Technology | Industry: Software - Application | Exchange: NYSE (USA) | Market Cap: 3.471m USD | Total Return: -14.7% in 12m
Avg Turnover: 99.7M
EPS Trend: 55.9%
Qual. Beats: 8
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Altman Z'' 1.04 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Confidence
BILL Holdings, Inc. operates a cloud-based financial operations platform designed to automate back-office processes for small and midsize businesses. The company’s software-as-a-service (SaaS) model integrates accounts payable, accounts receivable, and spend management into a single interface, utilizing artificial intelligence to streamline cash flow management and supplier connections.
The business functions within the B2B payments sector, which is characterized by a transition from manual paper checks to digital automated clearing house (ACH) and virtual card transactions. BILL generates revenue primarily through subscription fees and transaction-based fees, including float revenue earned on funds held during the payment settlement process.
Investors can evaluate the company’s competitive positioning and valuation metrics in greater detail on ValueRay.
Founded in 2006 and headquartered in San Jose, California, the firm rebranded from Bill.com to BILL Holdings in early 2023. Its ecosystem serves a diverse client base including accounting firms, financial institutions, and various software providers.
- Total payment volume growth drives core transaction revenue and payment processing fees
- Federal Reserve interest rate changes impact float income on customer funds held
- SMB technology spending levels dictate subscription growth and platform adoption rates
- Strategic partnerships with major financial institutions accelerate customer acquisition and scaling
- Operating margin expansion depends on balancing R&D investment with cost management efficiency
| Net Income: 164k TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.34 > 1.0 |
| NWC/Revenue: 181.1% < 20% (prev 195.8%; Δ -14.73% < -1%) |
| CFO/TA 0.04 > 3% & CFO 388.7m > Net Income 164k |
| Net Debt (-236.5m) to EBITDA (136.8m): -1.73 < 3 |
| Current Ratio: 1.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (102.3m) vs 12m ago 0.09% < -2% |
| Gross Margin: 80.70% > 18% (prev 0.81%; Δ 7.99k% > 0.5%) |
| Asset Turnover: 16.24% > 50% (prev 14.77%; Δ 1.47% > 0%) |
| Interest Coverage Ratio: 1.23 > 6 (EBITDA TTM 136.8m / Interest Expense TTM 22.4m) |
| A: 0.29 (Total Current Assets 7.28b - Total Current Liabilities 4.39b) / Total Assets 10.1b |
| B: -0.18 (Retained Earnings -1.77b / Total Assets 10.1b) |
| C: 0.00 (EBIT TTM 27.6m / Avg Total Assets 9.86b) |
| D: -0.28 (Book Value of Equity -1.77b / Total Liabilities 6.28b) |
| Altman-Z'' = 1.04 = BB |
| DSRI: 1.03 (Receivables 851.5m/732.2m, Revenue 1.60b/1.42b) |
| GMI: 1.01 (GM 80.70% / 81.47%) |
| AQI: 0.93 (AQ_t 0.26 / AQ_t-1 0.28) |
| SGI: 1.12 (Revenue 1.60b / 1.42b) |
| TATA: -0.04 (NI 164k - CFO 388.7m) / TA 10.1b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 37.02 with a total of 2,922,426 shares traded.
Over the past week, the price has changed by +1.56%,
over one month by -0.62%,
over three months by -16.83% and
over the past year by -14.70%.
Bill Com Holdings has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy BILL.
- StrongBuy: 10
- Buy: 7
- Hold: 9
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 55.1 | 48.8% |
P/E Forward = 25.3807
P/S = 2.1689
P/B = 0.9088
P/EG = 0.3468
Revenue TTM = 1.60b USD
EBIT TTM = 27.6m USD
EBITDA TTM = 136.8m USD
Long Term Debt = 1.83b USD (from longTermDebt, last quarter)
Short Term Debt = 213.4m USD (from shortTermDebt, last fiscal year)
Debt = 1.94b USD (from shortLongTermDebtTotal, last quarter) + Leases 51.0m
Net Debt = -236.5m USD (calculated: Debt 1.94b - CCE 2.17b)
Enterprise Value = 3.23b USD (3.47b + Debt 1.94b - CCE 2.17b)
Interest Coverage Ratio = 1.23 (Ebit TTM 27.6m / Interest Expense TTM 22.4m)
EV/FCF = 8.44x (Enterprise Value 3.23b / FCF TTM 383.1m)
FCF Yield = 11.84% (FCF TTM 383.1m / Enterprise Value 3.23b)
FCF Margin = 23.94% (FCF TTM 383.1m / Revenue TTM 1.60b)
Net Margin = 0.01% (Net Income TTM 164k / Revenue TTM 1.60b)
Gross Margin = 80.70% ((Revenue TTM 1.60b - Cost of Revenue TTM 308.9m) / Revenue TTM)
Gross Margin QoQ = 81.62% (prev 79.84%)
Tobins Q-Ratio = 0.32 (Enterprise Value 3.23b / Total Assets 10.1b)
Interest Expense / Debt = 1.16% (Interest Expense 22.4m / Debt 1.94b)
Taxrate = 13.46% (1.99m / 14.8m)
NOPAT = 23.9m (EBIT 27.6m * (1 - 13.46%))
Current Ratio = 1.66 (Total Current Assets 7.28b / Total Current Liabilities 4.39b)
Debt / Equity = 0.51 (Debt 1.94b / totalStockholderEquity, last quarter 3.80b)
Debt / EBITDA = -1.73 (Net Debt -236.5m / EBITDA 136.8m)
Debt / FCF = -0.62 (Net Debt -236.5m / FCF TTM 383.1m)
Total Stockholder Equity = 3.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.00% (Net Income 164k / Total Assets 10.1b)
RoE = 0.00% (Net Income TTM 164k / Total Stockholder Equity 5.62b)
RoCE = 0.37% (EBIT 27.6m / Capital Employed (Equity 5.62b + L.T.Debt 1.83b))
RoIC = 0.55% (NOPAT 23.9m / Invested Capital 4.37b)
WACC = 8.14% (E(3.47b)/V(5.41b) * Re(12.13%) + D(1.94b)/V(5.41b) * Rd(1.16%) * (1-Tc(0.13)))
Discount Rate = 12.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.89 | Cagr: -1.53%
[DCF] Terminal Value 77.93% ; FCFF base≈363.3m ; Y1≈415.7m ; Y5≈608.6m
[DCF] Fair Price = 94.38 (EV 9.16b - Net Debt -236.5m = Equity 9.40b / Shares 99.6m; r=8.35% [WACC [floored]]; 5y FCF grow 14.76% → 2.50% )
EPS Correlation: 55.94 | EPS CAGR: 6.83% | SUE: 4.0 | # QB: 8
Revenue Correlation: 99.03 | Revenue CAGR: 15.21% | SUE: 0.43 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.74 | Chg30d=+16.79% | Revisions=+58% | Analysts=17
EPS current Year (2026-06-30): EPS=2.64 | Chg30d=+10.51% | Revisions=+82% | GrowthEPS=+19.5% | GrowthRev=+12.5%
EPS next Year (2027-06-30): EPS=3.31 | Chg30d=+22.18% | Revisions=+82% | GrowthEPS=+25.5% | GrowthRev=+12.8%
[Analyst] Revisions Ratio: +82%