Financials DoubleVerify Holdings, Inc.

Equities

DV

US25862V1052

Software

Market Closed - Nyse 04:00:02 2024-05-31 pm EDT 5-day change 1st Jan Change
18.2 USD -1.46% Intraday chart for DoubleVerify Holdings, Inc. -2.99% -50.52%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 5,278 3,621 6,252 3,127 - -
Enterprise Value (EV) 1 5,056 3,355 5,948 2,736 2,589 2,365
P/E ratio 185 x 87.8 x 89.7 x 58.6 x 41.5 x 30.5 x
Yield - - - - - -
Capitalization / Revenue 15.8 x 8 x 10.9 x 4.68 x 3.92 x 3.26 x
EV / Revenue 15.2 x 7.42 x 10.4 x 4.1 x 3.25 x 2.47 x
EV / EBITDA 46.1 x 23.7 x 31.8 x 13.4 x 10.4 x 7.54 x
EV / FCF 68.9 x 61.1 x 57.9 x 23.2 x 17.1 x 12.6 x
FCF Yield 1.45% 1.64% 1.73% 4.32% 5.86% 7.96%
Price to Book 6.18 x 4.14 x 5.86 x 2.56 x 2.23 x 1.89 x
Nbr of stocks (in thousands) 158,588 164,875 169,986 171,796 - -
Reference price 2 33.28 21.96 36.78 18.20 18.20 18.20
Announcement Date 2/25/22 3/1/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 243.9 333 452.4 572.5 667.9 796.6 959.5
EBITDA 1 - 109.7 141.6 187.1 204.6 249.9 313.6
EBIT 1 - 79.46 107.3 146.2 159.7 204.5 297.7
Operating Margin - 23.86% 23.71% 25.53% 23.91% 25.67% 31.03%
Earnings before Tax (EBT) 1 - 25.82 59.37 95.88 72.86 100.4 148.7
Net income 1 - 29.31 43.27 71.47 53.71 74.05 109.2
Net margin - 8.8% 9.56% 12.48% 8.04% 9.3% 11.38%
EPS 2 0.1500 0.1800 0.2500 0.4100 0.3105 0.4387 0.5972
Free Cash Flow 1 - 73.35 54.88 102.7 118.1 151.8 188.3
FCF margin - 22.03% 12.13% 17.94% 17.68% 19.06% 19.63%
FCF Conversion (EBITDA) - 66.84% 38.76% 54.92% 57.7% 60.75% 60.05%
FCF Conversion (Net income) - 250.28% 126.84% 143.75% 219.82% 205.03% 172.41%
Dividend per Share 2 - - - - - - -
Announcement Date 3/17/21 2/25/22 3/1/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 106 96.72 109.8 112.3 133.6 122.6 133.7 144 172.2 140.8 153.8 168.1 205.2 168.8 183.7
EBITDA 1 40.41 24.74 33.96 33.99 48.89 35.92 40.04 45.67 65.43 38.13 43.01 50.21 73.4 44.04 51.53
EBIT 1 32.12 15.7 25.64 25.9 40.01 26.94 30.37 34.97 53.91 27.2 31.88 39 61.41 30.79 39.25
Operating Margin 30.3% 16.24% 23.35% 23.08% 29.94% 21.97% 22.71% 24.29% 31.3% 19.32% 20.73% 23.2% 29.92% 18.24% 21.37%
Earnings before Tax (EBT) 1 16.46 2.581 12.8 13.94 30.05 17.68 16.87 19.58 41.74 8.935 9.246 16.67 38.24 7.722 13.06
Net income 1 28.31 4.579 10.29 10.33 18.07 12.18 12.84 13.35 33.1 7.156 6.842 12.71 28.04 5.675 8.932
Net margin 26.71% 4.73% 9.37% 9.2% 13.52% 9.93% 9.6% 9.27% 19.22% 5.08% 4.45% 7.56% 13.66% 3.36% 4.86%
EPS 2 0.1700 0.0300 0.0600 0.0600 0.1000 0.0700 0.0700 0.0800 0.1900 0.0400 0.0429 0.0737 0.1601 0.0448 0.0677
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/25/22 5/10/22 8/3/22 11/8/22 3/1/23 5/10/23 7/31/23 11/9/23 2/28/24 5/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 222 265 304 391 537 761
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 73.4 54.9 103 118 152 188
ROE (net income / shareholders' equity) - 9.9% 9.25% 11.1% 8.94% 8.37% 6.93%
ROA (Net income/ Total Assets) - 8.58% 8.04% 9.49% 10.8% 11.3% -
Assets 1 - 341.7 538.4 753.2 497.2 658.1 -
Book Value Per Share 2 - 5.390 5.300 6.280 7.120 8.150 9.640
Cash Flow per Share 2 - - - 0.6900 0.7900 0.9200 0.8000
Capex 1 - 9.4 40 17 25.4 28 30.2
Capex / Sales - 2.82% 8.84% 2.97% 3.8% 3.51% 3.15%
Announcement Date 3/17/21 2/25/22 3/1/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
18.2 USD
Average target price
30.06 USD
Spread / Average Target
+65.14%
Consensus
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  4. Financials DoubleVerify Holdings, Inc.