SHUTTERSTOCK INC (SSTK)

US8256901005 - Common Stock

29.39  -2.08 (-6.61%)

Fundamental Rating

5

Overall SSTK gets a fundamental rating of 5 out of 10. We evaluated SSTK against 71 industry peers in the Interactive Media & Services industry. While SSTK has a great profitability rating, there are quite some concerns on its financial health. SSTK is valued quite cheap, while showing a decent growth score. This is a good combination!



7

1. Profitability

1.1 Basic Checks

SSTK had positive earnings in the past year.
SSTK had a positive operating cash flow in the past year.
In the past 5 years SSTK has always been profitable.
SSTK had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of 2.70%, SSTK is in the better half of the industry, outperforming 71.21% of the companies in the same industry.
SSTK's Return On Equity of 6.95% is fine compared to the rest of the industry. SSTK outperforms 75.76% of its industry peers.
SSTK has a Return On Invested Capital of 5.96%. This is in the better half of the industry: SSTK outperforms 75.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SSTK is above the industry average of 11.31%.
The 3 year average ROIC (15.20%) for SSTK is well above the current ROIC(5.96%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 2.7%
ROE 6.95%
ROIC 5.96%
ROA(3y)10.02%
ROA(5y)8.62%
ROE(3y)19.18%
ROE(5y)16.14%
ROIC(3y)15.2%
ROIC(5y)13.17%

1.3 Margins

SSTK has a better Profit Margin (4.03%) than 72.73% of its industry peers.
In the last couple of years the Profit Margin of SSTK has grown nicely.
Looking at the Operating Margin, with a value of 6.39%, SSTK is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
SSTK's Operating Margin has improved in the last couple of years.
SSTK's Gross Margin of 57.91% is in line compared to the rest of the industry. SSTK outperforms 43.94% of its industry peers.
In the last couple of years the Gross Margin of SSTK has remained more or less at the same level.
Industry RankSector Rank
OM 6.39%
PM (TTM) 4.03%
GM 57.91%
OM growth 3Y-15.13%
OM growth 5Y8.45%
PM growth 3Y5.39%
PM growth 5Y7.52%
GM growth 3Y-0.76%
GM growth 5Y0.91%

2

2. Health

2.1 Basic Checks

SSTK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, SSTK has less shares outstanding
Compared to 5 years ago, SSTK has more shares outstanding
SSTK has a better debt/assets ratio than last year.

2.2 Solvency

SSTK has an Altman-Z score of 1.62. This is a bad value and indicates that SSTK is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.62, SSTK is in line with its industry, outperforming 54.55% of the companies in the same industry.
SSTK has a debt to FCF ratio of 26.87. This is a negative value and a sign of low solvency as SSTK would need 26.87 years to pay back of all of its debts.
SSTK has a Debt to FCF ratio of 26.87. This is comparable to the rest of the industry: SSTK outperforms 48.48% of its industry peers.
SSTK has a Debt/Equity ratio of 0.53. This is a neutral value indicating SSTK is somewhat dependend on debt financing.
SSTK's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. SSTK is outperformed by 69.70% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 26.87
Altman-Z 1.62
ROIC/WACC0.66
WACC9.05%

2.3 Liquidity

SSTK has a Current Ratio of 0.42. This is a bad value and indicates that SSTK is not financially healthy enough and could expect problems in meeting its short term obligations.
SSTK's Current ratio of 0.42 is on the low side compared to the rest of the industry. SSTK is outperformed by 92.42% of its industry peers.
A Quick Ratio of 0.42 indicates that SSTK may have some problems paying its short term obligations.
SSTK's Quick ratio of 0.42 is on the low side compared to the rest of the industry. SSTK is outperformed by 92.42% of its industry peers.
Industry RankSector Rank
Current Ratio 0.42
Quick Ratio 0.42

4

3. Growth

3.1 Past

The earnings per share for SSTK have decreased strongly by -10.92% in the last year.
SSTK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.55% yearly.
Looking at the last year, SSTK shows a small growth in Revenue. The Revenue has grown by 3.11% in the last year.
Measured over the past years, SSTK shows a small growth in Revenue. The Revenue has been growing by 7.01% on average per year.
EPS 1Y (TTM)-10.92%
EPS 3Y18.47%
EPS 5Y22.55%
EPS Q2Q%3.97%
Revenue 1Y (TTM)3.11%
Revenue growth 3Y9.47%
Revenue growth 5Y7.01%
Sales Q2Q%7.43%

3.2 Future

Based on estimates for the next years, SSTK will show a small growth in Earnings Per Share. The EPS will grow by 5.72% on average per year.
SSTK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.48% yearly.
EPS Next Y0.43%
EPS Next 2Y4.46%
EPS Next 3Y5%
EPS Next 5Y5.72%
Revenue Next Year6.21%
Revenue Next 2Y9.3%
Revenue Next 3Y7.34%
Revenue Next 5Y6.48%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.

7

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 7.06, the valuation of SSTK can be described as very cheap.
SSTK's Price/Earnings ratio is rather cheap when compared to the industry. SSTK is cheaper than 89.39% of the companies in the same industry.
When comparing the Price/Earnings ratio of SSTK to the average of the S&P500 Index (27.48), we can say SSTK is valued rather cheaply.
A Price/Forward Earnings ratio of 6.21 indicates a rather cheap valuation of SSTK.
Based on the Price/Forward Earnings ratio, SSTK is valued cheaply inside the industry as 93.94% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.73. SSTK is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.06
Fwd PE 6.21

4.2 Price Multiples

SSTK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SSTK is cheaper than 87.88% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SSTK.
Industry RankSector Rank
P/FCF 98.61
EV/EBITDA 7.66

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SSTK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)16.31
PEG (5Y)0.31
EPS Next 2Y4.46%
EPS Next 3Y5%

5

5. Dividend

5.1 Amount

SSTK has a Yearly Dividend Yield of 4.11%, which is a nice return.
Compared to an average industry Dividend Yield of 2.99, SSTK pays a better dividend. On top of this SSTK pays more dividend than 96.97% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, SSTK pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.11%

5.2 History

The dividend of SSTK decreases each year by -18.46%.
SSTK has been paying a dividend for over 5 years, so it has already some track record.
SSTK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-18.46%
Div Incr Years4
Div Non Decr Years4

5.3 Sustainability

SSTK pays out 114.44% of its income as dividend. This is not a sustainable payout ratio.
DP114.44%
EPS Next 2Y4.46%
EPS Next 3Y5%

SHUTTERSTOCK INC

NYSE:SSTK (1/6/2025, 11:24:51 AM)

29.39

-2.08 (-6.61%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)10-29 2024-10-29/bmo
Earnings (Next)02-19 2025-02-19/amc
Inst Owners93.31%
Inst Owner Change0%
Ins Owners31.77%
Ins Owner Change0%
Market Cap1.02B
Analysts74.55
Price Target49.22 (67.47%)
Short Float %14.01%
Short Ratio7.19
Dividend
Industry RankSector Rank
Dividend Yield 4.11%
Dividend Growth(5Y)-18.46%
DP114.44%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.02%
Min EPS beat(2)-1.96%
Max EPS beat(2)13.99%
EPS beat(4)3
Avg EPS beat(4)7.1%
Min EPS beat(4)-1.96%
Max EPS beat(4)13.99%
EPS beat(8)7
Avg EPS beat(8)13.78%
EPS beat(12)10
Avg EPS beat(12)14.75%
EPS beat(16)14
Avg EPS beat(16)20.55%
Revenue beat(2)2
Avg Revenue beat(2)1.54%
Min Revenue beat(2)1.06%
Max Revenue beat(2)2.02%
Revenue beat(4)3
Avg Revenue beat(4)-0.27%
Min Revenue beat(4)-4.93%
Max Revenue beat(4)2.02%
Revenue beat(8)5
Avg Revenue beat(8)0.53%
Revenue beat(12)5
Avg Revenue beat(12)-0.71%
Revenue beat(16)9
Avg Revenue beat(16)0.1%
PT rev (1m)0%
PT rev (3m)-9.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.22%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-1.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.68%
Valuation
Industry RankSector Rank
PE 7.06
Fwd PE 6.21
P/S 1.14
P/FCF 98.61
P/OCF 17.47
P/B 1.96
P/tB N/A
EV/EBITDA 7.66
EPS(TTM)4.16
EY14.15%
EPS(NY)4.74
Fwd EY16.11%
FCF(TTM)0.3
FCFY1.01%
OCF(TTM)1.68
OCFY5.72%
SpS25.88
BVpS15
TBVpS-9.47
PEG (NY)16.31
PEG (5Y)0.31
Profitability
Industry RankSector Rank
ROA 2.7%
ROE 6.95%
ROCE 8.42%
ROIC 5.96%
ROICexc 7.06%
ROICexgc N/A
OM 6.39%
PM (TTM) 4.03%
GM 57.91%
FCFM 1.15%
ROA(3y)10.02%
ROA(5y)8.62%
ROE(3y)19.18%
ROE(5y)16.14%
ROIC(3y)15.2%
ROIC(5y)13.17%
ROICexc(3y)26.72%
ROICexc(5y)53.94%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)18.39%
ROCE(5y)15.69%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-59%
ROICexc growth 5Y-20.53%
OM growth 3Y-15.13%
OM growth 5Y8.45%
PM growth 3Y5.39%
PM growth 5Y7.52%
GM growth 3Y-0.76%
GM growth 5Y0.91%
F-Score4
Asset Turnover0.67
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 26.87
Debt/EBITDA 1.93
Cap/Depr 56.98%
Cap/Sales 5.35%
Interest Coverage 16.58
Cash Conversion 41.19%
Profit Quality 28.58%
Current Ratio 0.42
Quick Ratio 0.42
Altman-Z 1.62
F-Score4
WACC9.05%
ROIC/WACC0.66
Cap/Depr(3y)82.24%
Cap/Depr(5y)72.17%
Cap/Sales(3y)6.16%
Cap/Sales(5y)5.27%
Profit Quality(3y)134.76%
Profit Quality(5y)195.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.92%
EPS 3Y18.47%
EPS 5Y22.55%
EPS Q2Q%3.97%
EPS Next Y0.43%
EPS Next 2Y4.46%
EPS Next 3Y5%
EPS Next 5Y5.72%
Revenue 1Y (TTM)3.11%
Revenue growth 3Y9.47%
Revenue growth 5Y7.01%
Sales Q2Q%7.43%
Revenue Next Year6.21%
Revenue Next 2Y9.3%
Revenue Next 3Y7.34%
Revenue Next 5Y6.48%
EBIT growth 1Y-37.71%
EBIT growth 3Y-7.1%
EBIT growth 5Y16.05%
EBIT Next Year213.35%
EBIT Next 3Y56.54%
EBIT Next 5Y34.81%
FCF growth 1Y-90.55%
FCF growth 3Y-11.74%
FCF growth 5Y7.34%
OCF growth 1Y-61.38%
OCF growth 3Y-5.22%
OCF growth 5Y6.58%