DOUBLEVERIFY HOLDINGS INC (DV)
US25862V1052 - Common Stock
Overall DV gets a fundamental rating of 7 out of 10. We evaluated DV against 280 industry peers in the Software industry. DV has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DV is growing strongly while it is still valued neutral. This is a good combination! These ratings could make DV a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year DV was profitable.
DV had a positive operating cash flow in the past year.
Each year in the past 5 years DV has been profitable.
In the past 5 years DV always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.02%, DV is in the better half of the industry, outperforming 76.34% of the companies in the same industry.
DV has a Return On Equity of 5.83%. This is in the better half of the industry: DV outperforms 73.84% of its industry peers.
DV has a Return On Invested Capital of 4.90%. This is in the better half of the industry: DV outperforms 73.84% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DV is significantly below the industry average of 12.22%.
The last Return On Invested Capital (4.90%) for DV is above the 3 year average (4.10%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 5.83% | ||
| ROIC | 4.9% |
ROA(3y)4.4%
ROA(5y)4.44%
ROE(3y)5.09%
ROE(5y)5.5%
ROIC(3y)4.1%
ROIC(5y)4.56%
1.3 Margins
DV has a better Profit Margin (10.33%) than 77.42% of its industry peers.
In the last couple of years the Profit Margin of DV has grown nicely.
DV has a better Operating Margin (12.74%) than 81.36% of its industry peers.
DV's Operating Margin has improved in the last couple of years.
DV's Gross Margin of 82.42% is amongst the best of the industry. DV outperforms 87.81% of its industry peers.
DV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.74% | ||
| PM (TTM) | 10.33% | ||
| GM | 82.42% |
OM growth 3Y13.46%
OM growth 5Y25.08%
PM growth 3Y14.09%
PM growth 5Y32.4%
GM growth 3Y-1.58%
GM growth 5Y-0.22%
2. Health
2.1 Basic Checks
DV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, DV has more shares outstanding
The number of shares outstanding for DV has been increased compared to 5 years ago.
DV has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 12.42 indicates that DV is not in any danger for bankruptcy at the moment.
The Altman-Z score of DV (12.42) is better than 85.30% of its industry peers.
The Debt to FCF ratio of DV is 0.03, which is an excellent value as it means it would take DV, only 0.03 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DV (0.03) is better than 81.36% of its industry peers.
DV has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
DV has a better Debt to Equity ratio (0.00) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Altman-Z | 12.42 |
ROIC/WACC0.41
WACC11.92%
2.3 Liquidity
A Current Ratio of 6.57 indicates that DV has no problem at all paying its short term obligations.
DV has a better Current ratio (6.57) than 92.11% of its industry peers.
DV has a Quick Ratio of 6.57. This indicates that DV is financially healthy and has no problem in meeting its short term obligations.
DV has a better Quick ratio (6.57) than 92.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.57 | ||
| Quick Ratio | 6.57 |
3. Growth
3.1 Past
DV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.62%, which is quite good.
DV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 83.14% yearly.
Looking at the last year, DV shows a quite strong growth in Revenue. The Revenue has grown by 19.58% in the last year.
Measured over the past years, DV shows a very strong growth in Revenue. The Revenue has been growing by 40.57% on average per year.
EPS 1Y (TTM)15.62%
EPS 3Y46.89%
EPS 5Y83.14%
EPS Q2Q%25%
Revenue 1Y (TTM)19.58%
Revenue growth 3Y32.9%
Revenue growth 5Y40.57%
Sales Q2Q%17.77%
3.2 Future
Based on estimates for the next years, DV will show a very strong growth in Earnings Per Share. The EPS will grow by 34.16% on average per year.
DV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.60% yearly.
EPS Next Y-6.72%
EPS Next 2Y12.62%
EPS Next 3Y12.63%
EPS Next 5Y34.16%
Revenue Next Year15.91%
Revenue Next 2Y14.45%
Revenue Next 3Y14.38%
Revenue Next 5Y14.6%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 53.65, DV can be considered very expensive at the moment.
DV's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of DV to the average of the S&P500 Index (27.55), we can say DV is valued expensively.
Based on the Price/Forward Earnings ratio of 38.17, the valuation of DV can be described as expensive.
DV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DV is cheaper than 63.44% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.00, DV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.65 | ||
| Fwd PE | 38.17 |
4.2 Price Multiples
DV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DV is cheaper than 79.21% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, DV is valued cheaper than 84.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.41 | ||
| EV/EBITDA | 23.24 |
4.3 Compensation for Growth
The excellent profitability rating of DV may justify a higher PE ratio.
A more expensive valuation may be justified as DV's earnings are expected to grow with 12.63% in the coming years.
PEG (NY)N/A
PEG (5Y)0.65
EPS Next 2Y12.62%
EPS Next 3Y12.63%
5. Dividend
5.1 Amount
No dividends for DV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DOUBLEVERIFY HOLDINGS INC
NYSE:DV (12/26/2024, 5:05:00 PM)
After market: 19.85 0 (0%)19.85
+0.09 (+0.46%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners88.12%
Inst Owner Change0.31%
Ins Owners0.58%
Ins Owner Change0.07%
Market Cap3.36B
Analysts76.55
Price Target22.87 (15.21%)
Short Float %4.65%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.88%
Min EPS beat(2)-9.85%
Max EPS beat(2)39.61%
EPS beat(4)3
Avg EPS beat(4)30.76%
Min EPS beat(4)-9.85%
Max EPS beat(4)57.87%
EPS beat(8)6
Avg EPS beat(8)30.14%
EPS beat(12)10
Avg EPS beat(12)29.81%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.05%
Min Revenue beat(2)-2.5%
Max Revenue beat(2)-1.59%
Revenue beat(4)0
Avg Revenue beat(4)-1.97%
Min Revenue beat(4)-2.67%
Max Revenue beat(4)-1.12%
Revenue beat(8)2
Avg Revenue beat(8)-1.46%
Revenue beat(12)4
Avg Revenue beat(12)-0.25%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-14.35%
PT rev (3m)-22.21%
EPS NQ rev (1m)0.78%
EPS NQ rev (3m)17.16%
EPS NY rev (1m)8.52%
EPS NY rev (3m)19.25%
Revenue NQ rev (1m)-0.63%
Revenue NQ rev (3m)-4.03%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.65 | ||
| Fwd PE | 38.17 | ||
| P/S | 5.26 | ||
| P/FCF | 22.41 | ||
| P/OCF | 19.26 | ||
| P/B | 2.97 | ||
| P/tB | 5.86 | ||
| EV/EBITDA | 23.24 |
EPS(TTM)0.37
EY1.86%
EPS(NY)0.52
Fwd EY2.62%
FCF(TTM)0.89
FCFY4.46%
OCF(TTM)1.03
OCFY5.19%
SpS3.77
BVpS6.68
TBVpS3.39
PEG (NY)N/A
PEG (5Y)0.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 5.83% | ||
| ROCE | 6.64% | ||
| ROIC | 4.9% | ||
| ROICexc | 6.96% | ||
| ROICexgc | 19.7% | ||
| OM | 12.74% | ||
| PM (TTM) | 10.33% | ||
| GM | 82.42% | ||
| FCFM | 23.47% |
ROA(3y)4.4%
ROA(5y)4.44%
ROE(3y)5.09%
ROE(5y)5.5%
ROIC(3y)4.1%
ROIC(5y)4.56%
ROICexc(3y)5.62%
ROICexc(5y)5.56%
ROICexgc(3y)20.26%
ROICexgc(5y)26.24%
ROCE(3y)5.56%
ROCE(5y)6.19%
ROICexcg growth 3Y6.14%
ROICexcg growth 5Y18.29%
ROICexc growth 3Y21.48%
ROICexc growth 5Y47.85%
OM growth 3Y13.46%
OM growth 5Y25.08%
PM growth 3Y14.09%
PM growth 5Y32.4%
GM growth 3Y-1.58%
GM growth 5Y-0.22%
F-Score9
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 54.51% | ||
| Cap/Sales | 3.84% | ||
| Interest Coverage | 113.88 | ||
| Cash Conversion | 138.09% | ||
| Profit Quality | 227.25% | ||
| Current Ratio | 6.57 | ||
| Quick Ratio | 6.57 | ||
| Altman-Z | 12.42 |
F-Score9
WACC11.92%
ROIC/WACC0.41
Cap/Depr(3y)63.03%
Cap/Depr(5y)51.19%
Cap/Sales(3y)4.88%
Cap/Sales(5y)4.38%
Profit Quality(3y)173.61%
Profit Quality(5y)135.52%
High Growth Momentum
Growth
EPS 1Y (TTM)15.62%
EPS 3Y46.89%
EPS 5Y83.14%
EPS Q2Q%25%
EPS Next Y-6.72%
EPS Next 2Y12.62%
EPS Next 3Y12.63%
EPS Next 5Y34.16%
Revenue 1Y (TTM)19.58%
Revenue growth 3Y32.9%
Revenue growth 5Y40.57%
Sales Q2Q%17.77%
Revenue Next Year15.91%
Revenue Next 2Y14.45%
Revenue Next 3Y14.38%
Revenue Next 5Y14.6%
EBIT growth 1Y6.15%
EBIT growth 3Y50.8%
EBIT growth 5Y75.84%
EBIT Next Year175.93%
EBIT Next 3Y53.64%
EBIT Next 5Y37.61%
FCF growth 1Y193.46%
FCF growth 3Y107.67%
FCF growth 5Y58.04%
OCF growth 1Y110.85%
OCF growth 3Y78.03%
OCF growth 5Y58.26%