Doubleverify Holdings, Inc.
DV
Services-Computer Programming, Data Processing, Etc.
Mkt Cap
$3.263BPE
49.11Debt
-Cash
$302.1MEV
-FCF
$110.8MP/E Ratio
49.11Debt
-Cash
$302.1MEV
-FCF
$110.8MCharts data: {"Earnings":[{"time":"2019-12-30","value":23307000},{"time":"2020-12-30","value":20453000},{"time":"2021-12-30","value":29308000},{"time":"2022-12-30","value":43268000},{"time":"2023-12-30","value":71466000}],"Sales":[{"time":"2019-12-30","value":182663000},{"time":"2020-12-30","value":243917000},{"time":"2021-12-30","value":332741000},{"time":"2022-12-30","value":452418000},{"time":"2023-12-30","value":572543000}],"Net Margins":[{"time":"2019-12-30","value":0.12759562691951845},{"time":"2020-12-30","value":0.08385229401804713},{"time":"2021-12-30","value":0.08808051908240944},{"time":"2022-12-30","value":0.09563722044657816},{"time":"2023-12-30","value":0.12482206576623939}],"Assets":[{"time":"2020-12-30","value":511334000},{"time":"2021-12-30","value":892194000},{"time":"2022-12-30","value":1037028000},{"time":"2023-12-30","value":1243031000}],"Stockholders Equity":[{"time":"2019-12-30","value":318018000},{"time":"2020-12-30","value":416695000},{"time":"2021-12-30","value":799066000},{"time":"2022-12-30","value":876859000},{"time":"2023-12-30","value":1073939000}],"ROE":[{"time":"2019-12-30","value":0.07328830443559799},{"time":"2020-12-30","value":0.04908386229736378},{"time":"2021-12-30","value":0.03667782135643364},{"time":"2022-12-30","value":0.04934430735158104},{"time":"2023-12-30","value":0.06654567903763621}],"ROA":[{"time":"2020-12-30","value":0.04349407627890967},{"time":"2021-12-30","value":0.03025463071932786},{"time":"2022-12-30","value":0.05812089933926567},{"time":"2023-12-30","value":0.0779892054180467}]}
DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and analytics in the United States and internationally. The company provides solutions to advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments. It also offers solutions include DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention solution that provides exposure and engagement predictive analytics to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. In addition, it offers DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. Further, the company software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. DoubleVerify Holdings, Inc. was founded in 2008 and is headquartered in New York, New York.
DCF
Discounted Cash Flow Valuation of Doubleverify Holdings, Inc.
Value
Growth
%
%
Discount
%
%
Multiple
| g\r | +10% | +11% | +12% | +13% | +14% |
|---|---|---|---|---|---|
| 0% | 10 | 9 | 8 | 8 | 7 |
| +1% | 11 | 10 | 9 | 8 | 8 |
| +2% | 13 | 11 | 10 | 9 | 8 |
| +3% | 14 | 13 | 11 | 10 | 9 |
| +4% | 17 | 14 | 12 | 11 | 10 |
| Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | TV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCF | $110.8M | $144M | $183.2M | $228M | $277.4M | $329.8M | $383M | $434M | $479.8M | $517.2M | $543M | $5.43B |
| DCF | $125.2M | $138.5M | $149.9M | $158.6M | $164M | $165.6M | $163.2M | $156.9M | $147M | $134.2M | $1.342B | |
| Value | $2.845B | |||||||||||
In the chart Earnings are multiplied by this value.
Earnings Growth 74%
Earnings Stability -16%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|
| Net Margin | 13% | 8.4% | 8.8% | 9.6% | 12% | 11% |
| ROA | - | 4.3% | 3% | 5.8% | 7.8% | 7% |
| ROE | 7.3% | 4.9% | 3.7% | 4.9% | 6.7% | 6.1% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +12.48%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +7.8%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +6.65%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | 1.92 | - | - | - | - | ||||
| Debt Equity | - | 0.05 | - | - | - | - | ||||
| MIN | ||||||||||
| Graham Stability | - | - | - | 100% | 100% | 100% | ||||
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at 1.00.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2020 | 12-2022 | Trend |
|---|---|---|---|
| Revenue | 33% | 27% | -2.1% |
| Net Income | 52% | 65% | 24% |
| Stockholders Equity | 37% | 22% | -11% |
| FCF | 110% | 87% | -15% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is -.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -2.14%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +23.66%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -10.77%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -14.98%.