SHUTTERSTOCK INC (SSTK) Stock Fundamental Analysis
USA - NYSE:SSTK - US8256901005 - Common Stock
21.71 USD
-0.14 (-0.64%)
21.711 USD
0 (0%)
Overall SSTK gets a fundamental rating of 5 out of 10. We evaluated SSTK against 69 industry peers in the Interactive Media & Services industry. While SSTK has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on SSTK.
1. Profitability
1.1 Basic Checks
SSTK had positive earnings in the past year.
In the past year SSTK had a positive cash flow from operations.
Each year in the past 5 years SSTK has been profitable.
SSTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SSTK has a better Return On Assets (4.67%) than 71.01% of its industry peers.
The Return On Equity of SSTK (10.97%) is better than 84.06% of its industry peers.
With a decent Return On Invested Capital value of 6.27%, SSTK is doing good in the industry, outperforming 75.36% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SSTK is below the industry average of 12.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.67% | ||
| ROE | 10.97% | ||
| ROIC | 6.27% |
ROA(3y)7.34%
ROA(5y)8.53%
ROE(3y)14.95%
ROE(5y)16.3%
ROIC(3y)9.8%
ROIC(5y)11.62%
1.3 Margins
SSTK's Profit Margin of 6.36% is fine compared to the rest of the industry. SSTK outperforms 69.57% of its industry peers.
In the last couple of years the Profit Margin of SSTK has grown nicely.
With a decent Operating Margin value of 7.54%, SSTK is doing good in the industry, outperforming 68.12% of the companies in the same industry.
SSTK's Operating Margin has improved in the last couple of years.
SSTK has a Gross Margin of 58.07%. This is comparable to the rest of the industry: SSTK outperforms 46.38% of its industry peers.
SSTK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| PM (TTM) | 6.36% | ||
| GM | 58.07% |
OM growth 3Y-19.3%
OM growth 5Y18.79%
PM growth 3Y-31.36%
PM growth 5Y4.45%
GM growth 3Y-3.49%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SSTK is still creating some value.
SSTK has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SSTK has less shares outstanding
The debt/assets ratio for SSTK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that SSTK is in the distress zone and has some risk of bankruptcy.
SSTK has a Altman-Z score (1.59) which is in line with its industry peers.
SSTK has a debt to FCF ratio of 103.65. This is a negative value and a sign of low solvency as SSTK would need 103.65 years to pay back of all of its debts.
The Debt to FCF ratio of SSTK (103.65) is comparable to the rest of the industry.
SSTK has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.47, SSTK is not doing good in the industry: 63.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 103.65 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.69
WACC9.11%
2.3 Liquidity
A Current Ratio of 0.49 indicates that SSTK may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.49, SSTK is doing worse than 88.41% of the companies in the same industry.
A Quick Ratio of 0.49 indicates that SSTK may have some problems paying its short term obligations.
With a Quick ratio value of 0.49, SSTK is not doing good in the industry: 88.41% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
SSTK shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.19%.
SSTK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.29% yearly.
The Revenue has grown by 14.21% in the past year. This is quite good.
Measured over the past years, SSTK shows a small growth in Revenue. The Revenue has been growing by 7.53% on average per year.
EPS 1Y (TTM)2.19%
EPS 3Y5.8%
EPS 5Y27.29%
EPS Q2Q%19%
Revenue 1Y (TTM)14.21%
Revenue growth 3Y6.54%
Revenue growth 5Y7.53%
Sales Q2Q%21.33%
3.2 Future
Based on estimates for the next years, SSTK will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.75% on average per year.
SSTK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.87% yearly.
EPS Next Y21.61%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
EPS Next 5Y8.75%
Revenue Next Year8.9%
Revenue Next 2Y4.95%
Revenue Next 3Y8.05%
Revenue Next 5Y5.87%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
SSTK is valuated cheaply with a Price/Earnings ratio of 5.17.
91.30% of the companies in the same industry are more expensive than SSTK, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.38, SSTK is valued rather cheaply.
The Price/Forward Earnings ratio is 4.06, which indicates a rather cheap valuation of SSTK.
SSTK's Price/Forward Earnings ratio is rather cheap when compared to the industry. SSTK is cheaper than 98.55% of the companies in the same industry.
SSTK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.17 | ||
| Fwd PE | 4.06 |
4.2 Price Multiples
95.65% of the companies in the same industry are more expensive than SSTK, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as SSTK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 288.95 | ||
| EV/EBITDA | 4.69 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SSTK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.24
PEG (5Y)0.19
EPS Next 2Y14.04%
EPS Next 3Y8.38%
5. Dividend
5.1 Amount
SSTK has a Yearly Dividend Yield of 6.04%, which is a nice return.
SSTK's Dividend Yield is rather good when compared to the industry average which is at 2.89. SSTK pays more dividend than 98.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, SSTK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.04% |
5.2 History
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)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
68.69% of the earnings are spent on dividend by SSTK. This is not a sustainable payout ratio.
DP68.69%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
21.71
-0.14 (-0.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners66.89%
Inst Owner Change2.67%
Ins Owners31.73%
Ins Owner Change2.09%
Market Cap770.05M
Analysts76
Price Target29.19 (34.45%)
Short Float %5.27%
Short Ratio4.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.04% |
Yearly Dividend1.2
Dividend Growth(5Y)N/A
DP68.69%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.79%
Min EPS beat(2)-5.03%
Max EPS beat(2)1.45%
EPS beat(4)2
Avg EPS beat(4)-4.08%
Min EPS beat(4)-26.74%
Max EPS beat(4)13.99%
EPS beat(8)5
Avg EPS beat(8)6.32%
EPS beat(12)9
Avg EPS beat(12)7.45%
EPS beat(16)12
Avg EPS beat(16)10.34%
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-5.68%
Max Revenue beat(2)5.8%
Revenue beat(4)2
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-5.68%
Max Revenue beat(4)5.8%
Revenue beat(8)5
Avg Revenue beat(8)0.24%
Revenue beat(12)6
Avg Revenue beat(12)-0.47%
Revenue beat(16)7
Avg Revenue beat(16)-0.6%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.96%
EPS NY rev (1m)5.72%
EPS NY rev (3m)8.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.1%
Revenue NY rev (1m)0.97%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.17 | ||
| Fwd PE | 4.06 | ||
| P/S | 0.76 | ||
| P/FCF | 288.95 | ||
| P/OCF | 15.89 | ||
| P/B | 1.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.69 |
EPS(TTM)4.2
EY19.35%
EPS(NY)5.34
Fwd EY24.62%
FCF(TTM)0.08
FCFY0.35%
OCF(TTM)1.37
OCFY6.29%
SpS28.49
BVpS16.53
TBVpS-6.4
PEG (NY)0.24
PEG (5Y)0.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.67% | ||
| ROE | 10.97% | ||
| ROCE | 10.27% | ||
| ROIC | 6.27% | ||
| ROICexc | 7.2% | ||
| ROICexgc | N/A | ||
| OM | 7.54% | ||
| PM (TTM) | 6.36% | ||
| GM | 58.07% | ||
| FCFM | 0.26% |
ROA(3y)7.34%
ROA(5y)8.53%
ROE(3y)14.95%
ROE(5y)16.3%
ROIC(3y)9.8%
ROIC(5y)11.62%
ROICexc(3y)11.98%
ROICexc(5y)43.54%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)14.78%
ROCE(5y)16.65%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-43.74%
ROICexc growth 5Y-17.59%
OM growth 3Y-19.3%
OM growth 5Y18.79%
PM growth 3Y-31.36%
PM growth 5Y4.45%
GM growth 3Y-3.49%
GM growth 5Y0.14%
F-Score3
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 103.65 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 50.77% | ||
| Cap/Sales | 4.53% | ||
| Interest Coverage | 4.99 | ||
| Cash Conversion | 29.12% | ||
| Profit Quality | 4.14% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 1.59 |
F-Score3
WACC9.11%
ROIC/WACC0.69
Cap/Depr(3y)59.35%
Cap/Depr(5y)72.49%
Cap/Sales(3y)5.26%
Cap/Sales(5y)5.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.19%
EPS 3Y5.8%
EPS 5Y27.29%
EPS Q2Q%19%
EPS Next Y21.61%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
EPS Next 5Y8.75%
Revenue 1Y (TTM)14.21%
Revenue growth 3Y6.54%
Revenue growth 5Y7.53%
Sales Q2Q%21.33%
Revenue Next Year8.9%
Revenue Next 2Y4.95%
Revenue Next 3Y8.05%
Revenue Next 5Y5.87%
EBIT growth 1Y34.36%
EBIT growth 3Y-14.02%
EBIT growth 5Y27.74%
EBIT Next Year245.03%
EBIT Next 3Y60.19%
EBIT Next 5Y36.28%
FCF growth 1Y-98.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-75.21%
OCF growth 3Y-46.77%
OCF growth 5Y-20.47%