Integral Ad Science Holding Corp.

Technology
Computer Software: Programming, Data Processing
www.integralads.com

Earnings Score
Moat Score
Safety Score

Market Cap $2.00B
PE 702
Debt $95.00M
Cash $73.38M
EV $2.02B
FCF $102.87M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$2.85M
EBIT	$43.11M
ROE	0%
ROA	4%
FCF	$102.87M
Equity	$947.58M
Growth Stability	1
PE	701.56
PEG	-47.02
PB	2.11
P/FCF	19.44
P/S	4.01
Price/Cash	0.04
Debt/Equity	0.1
Debt/FCF	0.92
Net Margins	3%
Gross Margins	78%
Op. Margins	9%
Earnings CAGR	-15%
Sales Growth YoY	14%
Sales Growth QoQ	13%
Sales CAGR	36%
FCF CAGR	27%
Equity CAGR	23%
Earnings Stability	-0.67
Earnings Growth YoY	0%

Earnings Growth QoQ	-713%
Earnings CAGR 5Y	-15%
Sales CAGR 5Y	36%
FCF CAGR 5Y	27%
Equity CAGR 5Y	23%
Earnings CAGR 3Y	20%
Sales CAGR 3Y	20%
FCF CAGR 3Y	34%
Equity CAGR 3Y	9%
Market Cap	$2.00B
Revenue	$498.16M
Assets	$1.14B
Total Debt	$95.00M
Cash	$73.38M
Shares Outstanding	159.95M
EV	2.02B
Earnings Score	6%
Moat Score	39%
Safety Score	97%
Final Score	47%
Working Capital	168.55M
Current Ratio	3.76
Shares Growth 3y	4%
Equity Growth QoQ	2%
Equity Growth YoY	8%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Integral Ad Science Holding Corp is a digital advertising verification company. Its cloud-based technology platform delivers independent measurement and verification of digital advertising across all devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video. Geographically, it derives a majority of revenue from the Americas region.

SEC Filings

Direct access to Integral Ad Science Holding Corp. (IAS) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Integral Ad Science Holding Corp. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Integral Ad Science Holding Corp. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -15%

Stability -67%

loading chart...

Integral Ad Science Holding Corp. Discounted Cash Flow

Fully customizable DCF calculator online for Integral Ad Science Holding Corp..

Years

Calculation mode

= $6.9B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$103M	$131M	$167M	$212M	$270M	$344M	$437M	$557M	$709M	$902M	$1.1B	$11B
DCF		$119M	$138M	$159M	$184M	$213M	$247M	$286M	$331M	$383M	$443M	$4.4B
Value	$6.9B

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 Margins	-24%	-13%	-16%	4%	2%	3%
ROA	-	-	-3%	2%	2%	4%
ROE	-	-	-7%	2%	1%	0%

Bad Net Margins (2.64%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

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 over FCF	-	-	3.94	3.19	1.2	0.92
Debt over Equity	-	0.63	0.32	0.28	0.17	0.1
Growth Stability	-	-	-	-	-	1

Good Debt/FCF ratio (0.92)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.1)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

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	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	13%	34%	26%	16%	36%
Earnings YoY growth	-	-37%	62%	-129%	-53%	-15%
Equity YoY growth	-	20%	39%	5%	13%	23%
FCF YoY growth	-	-1K%	88%	12%	84%	27%