CRITEO SA-SPON ADR (CRTO) Stock Fundamental Analysis
NASDAQ:CRTO - Nasdaq - US2267181046 - ADR - Currency: USD
We assign a fundamental rating of 7 out of 10 to CRTO. CRTO was compared to 97 industry peers in the Media industry. CRTO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CRTO may be a bit undervalued, certainly considering the very reasonable score on growth This makes CRTO very considerable for value investing!
1. Profitability
1.1 Basic Checks
CRTO had positive earnings in the past year.
In the past year CRTO had a positive cash flow from operations.
Each year in the past 5 years CRTO has been profitable.
In the past 5 years CRTO always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 6.69%, CRTO belongs to the best of the industry, outperforming 87.63% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.36%, CRTO is in the better half of the industry, outperforming 78.35% of the companies in the same industry.
CRTO has a Return On Invested Capital of 11.37%. This is amongst the best in the industry. CRTO outperforms 91.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CRTO is in line with the industry average of 7.58%.
The last Return On Invested Capital (11.37%) for CRTO is above the 3 year average (5.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.69% | ||
| ROE | 13.36% | ||
| ROIC | 11.37% |
ROA(3y)2.5%
ROA(5y)3.63%
ROE(3y)5.48%
ROE(5y)6.88%
ROIC(3y)5.66%
ROIC(5y)6.99%
1.3 Margins
CRTO has a better Profit Margin (7.35%) than 79.38% of its industry peers.
In the last couple of years the Profit Margin of CRTO has grown nicely.
CRTO has a better Operating Margin (9.90%) than 63.92% of its industry peers.
CRTO's Operating Margin has improved in the last couple of years.
The Gross Margin of CRTO (51.83%) is better than 60.82% of its industry peers.
In the last couple of years the Gross Margin of CRTO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.9% | ||
| PM (TTM) | 7.35% | ||
| GM | 51.83% |
OM growth 3Y0.28%
OM growth 5Y3.86%
PM growth 3Y-1.1%
PM growth 5Y7.55%
GM growth 3Y13.6%
GM growth 5Y6.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRTO is still creating some value.
CRTO has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CRTO has been reduced compared to 5 years ago.
Compared to 1 year ago, CRTO has a worse debt to assets ratio.
2.2 Solvency
CRTO has an Altman-Z score of 2.41. This is not the best score and indicates that CRTO is in the grey zone with still only limited risk for bankruptcy at the moment.
CRTO's Altman-Z score of 2.41 is fine compared to the rest of the industry. CRTO outperforms 74.23% of its industry peers.
CRTO has a debt to FCF ratio of 0.03. This is a very positive value and a sign of high solvency as it would only need 0.03 years to pay back of all of its debts.
CRTO's Debt to FCF ratio of 0.03 is amongst the best of the industry. CRTO outperforms 94.85% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that CRTO is not too dependend on debt financing.
The Debt to Equity ratio of CRTO (0.00) is better than 87.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.43
WACC7.96%
2.3 Liquidity
CRTO has a Current Ratio of 1.22. This is a normal value and indicates that CRTO is financially healthy and should not expect problems in meeting its short term obligations.
CRTO has a Current ratio of 1.22. This is comparable to the rest of the industry: CRTO outperforms 40.21% of its industry peers.
A Quick Ratio of 1.22 indicates that CRTO should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.22, CRTO perfoms like the industry average, outperforming 45.36% of the companies in the same industry.
The current and quick ratio evaluation for CRTO is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
CRTO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.92%, which is quite impressive.
Measured over the past years, CRTO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.28% on average per year.
The Revenue has decreased by -1.01% in the past year.
Measured over the past years, CRTO shows a decrease in Revenue. The Revenue has been decreasing by -3.09% on average per year.
EPS 1Y (TTM)38.92%
EPS 3Y10.74%
EPS 5Y11.28%
EPS Q2Q%37.5%
Revenue 1Y (TTM)-1.01%
Revenue growth 3Y-4.99%
Revenue growth 5Y-3.09%
Sales Q2Q%4.13%
3.2 Future
The Earnings Per Share is expected to grow by 3.73% on average over the next years.
Based on estimates for the next years, CRTO will show a small growth in Revenue. The Revenue will grow by 4.35% on average per year.
EPS Next Y-1.79%
EPS Next 2Y-0.39%
EPS Next 3Y3.73%
EPS Next 5YN/A
Revenue Next Year3.16%
Revenue Next 2Y2.56%
Revenue Next 3Y4.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.71, the valuation of CRTO can be described as very cheap.
90.72% of the companies in the same industry are more expensive than CRTO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CRTO to the average of the S&P500 Index (27.50), we can say CRTO is valued rather cheaply.
The Price/Forward Earnings ratio is 5.06, which indicates a rather cheap valuation of CRTO.
CRTO's Price/Forward Earnings ratio is rather cheap when compared to the industry. CRTO is cheaper than 89.69% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.44. CRTO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.71 | ||
| Fwd PE | 5.06 |
4.2 Price Multiples
95.88% of the companies in the same industry are more expensive than CRTO, based on the Enterprise Value to EBITDA ratio.
CRTO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CRTO is cheaper than 86.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.5 | ||
| EV/EBITDA | 3.25 |
4.3 Compensation for Growth
CRTO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.42
EPS Next 2Y-0.39%
EPS Next 3Y3.73%
5. Dividend
5.1 Amount
CRTO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.04
-0.44 (-1.87%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners102.01%
Inst Owner Change-0.12%
Ins Owners2.19%
Ins Owner Change2.15%
Market Cap1.24B
Analysts80
Price Target42.93 (86.33%)
Short Float %2.64%
Short Ratio2.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.53%
Min EPS beat(2)27.2%
Max EPS beat(2)39.85%
EPS beat(4)4
Avg EPS beat(4)29.61%
Min EPS beat(4)13.45%
Max EPS beat(4)39.85%
EPS beat(8)8
Avg EPS beat(8)26.11%
EPS beat(12)11
Avg EPS beat(12)27.18%
EPS beat(16)15
Avg EPS beat(16)29.57%
Revenue beat(2)1
Avg Revenue beat(2)-0.03%
Min Revenue beat(2)-0.08%
Max Revenue beat(2)0.02%
Revenue beat(4)1
Avg Revenue beat(4)-0.75%
Min Revenue beat(4)-2.28%
Max Revenue beat(4)0.02%
Revenue beat(8)5
Avg Revenue beat(8)0.51%
Revenue beat(12)9
Avg Revenue beat(12)26.75%
Revenue beat(16)13
Avg Revenue beat(16)55.39%
PT rev (1m)0%
PT rev (3m)-26.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-27.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.71 | ||
| Fwd PE | 5.06 | ||
| P/S | 0.64 | ||
| P/FCF | 5.5 | ||
| P/OCF | 4.03 | ||
| P/B | 1.16 | ||
| P/tB | 3.22 | ||
| EV/EBITDA | 3.25 |
EPS(TTM)4.89
EY21.22%
EPS(NY)4.55
Fwd EY19.76%
FCF(TTM)4.19
FCFY18.17%
OCF(TTM)5.71
OCFY24.8%
SpS36.07
BVpS19.85
TBVpS7.15
PEG (NY)N/A
PEG (5Y)0.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.69% | ||
| ROE | 13.36% | ||
| ROCE | 15.43% | ||
| ROIC | 11.37% | ||
| ROICexc | 15.21% | ||
| ROICexgc | 57.23% | ||
| OM | 9.9% | ||
| PM (TTM) | 7.35% | ||
| GM | 51.83% | ||
| FCFM | 11.61% |
ROA(3y)2.5%
ROA(5y)3.63%
ROE(3y)5.48%
ROE(5y)6.88%
ROIC(3y)5.66%
ROIC(5y)6.99%
ROICexc(3y)7.72%
ROICexc(5y)10.78%
ROICexgc(3y)32.11%
ROICexgc(5y)32.74%
ROCE(3y)7.68%
ROCE(5y)9.49%
ROICexcg growth 3Y7.88%
ROICexcg growth 5Y9.99%
ROICexc growth 3Y-10.63%
ROICexc growth 5Y-2.72%
OM growth 3Y0.28%
OM growth 5Y3.86%
PM growth 3Y-1.1%
PM growth 5Y7.55%
GM growth 3Y13.6%
GM growth 5Y6.76%
F-Score8
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.03 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 95.13% | ||
| Cap/Sales | 4.23% | ||
| Interest Coverage | 149.97 | ||
| Cash Conversion | 110.4% | ||
| Profit Quality | 157.87% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.41 |
F-Score8
WACC7.96%
ROIC/WACC1.43
Cap/Depr(3y)101.15%
Cap/Depr(5y)85.42%
Cap/Sales(3y)4.7%
Cap/Sales(5y)3.96%
Profit Quality(3y)756.67%
Profit Quality(5y)511.62%
High Growth Momentum
Growth
EPS 1Y (TTM)38.92%
EPS 3Y10.74%
EPS 5Y11.28%
EPS Q2Q%37.5%
EPS Next Y-1.79%
EPS Next 2Y-0.39%
EPS Next 3Y3.73%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.01%
Revenue growth 3Y-4.99%
Revenue growth 5Y-3.09%
Sales Q2Q%4.13%
Revenue Next Year3.16%
Revenue Next 2Y2.56%
Revenue Next 3Y4.35%
Revenue Next 5YN/A
EBIT growth 1Y48.61%
EBIT growth 3Y-4.73%
EBIT growth 5Y0.65%
EBIT Next Year218.76%
EBIT Next 3Y52.27%
EBIT Next 5Y31.47%
FCF growth 1Y100.51%
FCF growth 3Y2.77%
FCF growth 5Y7.59%
OCF growth 1Y37.38%
OCF growth 3Y5.33%
OCF growth 5Y2.99%