CRITEO SA-SPON ADR (CRTO) Stock Fundamental Analysis
USA - NASDAQ:CRTO - US2267181046 - ADR
21.55 USD
+0.24 (+1.13%)
21.55 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to CRTO. CRTO was compared to 98 industry peers in the Media industry. Both the health and profitability get an excellent rating, making CRTO a very profitable company, without any liquidiy or solvency issues. CRTO is cheap, but on the other hand it scores bad on growth. With these ratings, CRTO could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year CRTO was profitable.
CRTO had a positive operating cash flow in the past year.
In the past 5 years CRTO has always been profitable.
In the past 5 years CRTO always reported a positive cash flow from operatings.
1.2 Ratios
CRTO has a better Return On Assets (6.46%) than 82.65% of its industry peers.
CRTO's Return On Equity of 12.54% is fine compared to the rest of the industry. CRTO outperforms 77.55% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.68%, CRTO belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
CRTO had an Average Return On Invested Capital over the past 3 years of 5.66%. This is below the industry average of 8.86%.
The last Return On Invested Capital (10.68%) for CRTO is above the 3 year average (5.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 12.54% | ||
| ROIC | 10.68% |
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
Looking at the Profit Margin, with a value of 7.02%, CRTO is in the better half of the industry, outperforming 73.47% of the companies in the same industry.
CRTO's Profit Margin has improved in the last couple of years.
The Operating Margin of CRTO (9.54%) is better than 60.20% of its industry peers.
In the last couple of years the Operating Margin of CRTO has grown nicely.
CRTO has a better Gross Margin (52.85%) than 61.22% of its industry peers.
CRTO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.54% | ||
| PM (TTM) | 7.02% | ||
| GM | 52.85% |
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
CRTO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CRTO has been reduced compared to 1 year ago.
The number of shares outstanding for CRTO has been reduced compared to 5 years ago.
The debt/assets ratio for CRTO is higher compared to a year ago.
2.2 Solvency
CRTO has an Altman-Z score of 2.39. 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 has a Altman-Z score of 2.39. This is in the better half of the industry: CRTO outperforms 72.45% of its industry peers.
CRTO has a debt to FCF ratio of 0.07. This is a very positive value and a sign of high solvency as it would only need 0.07 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.07, CRTO belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that CRTO is not too dependend on debt financing.
CRTO's Debt to Equity ratio of 0.00 is amongst the best of the industry. CRTO outperforms 87.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | 2.39 |
ROIC/WACC1.32
WACC8.12%
2.3 Liquidity
CRTO has a Current Ratio of 1.23. This is a normal value and indicates that CRTO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.23, CRTO is in line with its industry, outperforming 51.02% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that CRTO should not have too much problems paying its short term obligations.
CRTO has a Quick ratio (1.23) which is in line with its industry peers.
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 | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
CRTO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.09%, which is quite good.
CRTO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.28% yearly.
Looking at the last year, CRTO shows a decrease in Revenue. The Revenue has decreased by -0.55% in the last year.
The Revenue has been decreasing by -3.09% on average over the past years.
EPS 1Y (TTM)15.09%
EPS 3Y10.74%
EPS 5Y11.28%
EPS Q2Q%-14.81%
Revenue 1Y (TTM)-0.55%
Revenue growth 3Y-4.99%
Revenue growth 5Y-3.09%
Sales Q2Q%9.35%
3.2 Future
The Earnings Per Share is expected to grow by 4.68% on average over the next years.
CRTO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.21% yearly.
EPS Next Y0.23%
EPS Next 2Y1.59%
EPS Next 3Y4.68%
EPS Next 5YN/A
Revenue Next Year4.83%
Revenue Next 2Y3.33%
Revenue Next 3Y4.21%
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
With a Price/Earnings ratio of 4.56, the valuation of CRTO can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of CRTO indicates a rather cheap valuation: CRTO is cheaper than 92.86% of the companies listed in the same industry.
CRTO is valuated cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 4.55 indicates a rather cheap valuation of CRTO.
Based on the Price/Forward Earnings ratio, CRTO is valued cheaper than 91.84% of the companies in the same industry.
CRTO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 4.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRTO is valued cheaply inside the industry as 95.92% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CRTO is valued cheaper than 83.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.79 | ||
| EV/EBITDA | 3.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CRTO does not grow enough to justify the current Price/Earnings ratio.
CRTO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)19.53
PEG (5Y)0.4
EPS Next 2Y1.59%
EPS Next 3Y4.68%
5. Dividend
5.1 Amount
No dividends for CRTO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.55
+0.24 (+1.13%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners93.23%
Inst Owner Change-8.59%
Ins Owners2.21%
Ins Owner Change-0.53%
Market Cap1.13B
Analysts80
Price Target39.97 (85.48%)
Short Float %0.95%
Short Ratio1.12
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)33.83%
Min EPS beat(2)27.81%
Max EPS beat(2)39.85%
EPS beat(4)4
Avg EPS beat(4)27.08%
Min EPS beat(4)13.45%
Max EPS beat(4)39.85%
EPS beat(8)8
Avg EPS beat(8)28.62%
EPS beat(12)11
Avg EPS beat(12)26.87%
EPS beat(16)15
Avg EPS beat(16)29.4%
Revenue beat(2)2
Avg Revenue beat(2)1.94%
Min Revenue beat(2)0.02%
Max Revenue beat(2)3.86%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-2.28%
Max Revenue beat(4)3.86%
Revenue beat(8)5
Avg Revenue beat(8)0.75%
Revenue beat(12)9
Avg Revenue beat(12)16.96%
Revenue beat(16)13
Avg Revenue beat(16)45.69%
PT rev (1m)0%
PT rev (3m)-6.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.85%
EPS NY rev (1m)1.23%
EPS NY rev (3m)2.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.57%
Revenue NY rev (1m)0.34%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 4.55 | ||
| P/S | 0.58 | ||
| P/FCF | 5.79 | ||
| P/OCF | 3.91 | ||
| P/B | 1.04 | ||
| P/tB | 2.86 | ||
| EV/EBITDA | 3.08 |
EPS(TTM)4.73
EY21.95%
EPS(NY)4.74
Fwd EY21.98%
FCF(TTM)3.72
FCFY17.26%
OCF(TTM)5.51
OCFY25.55%
SpS37.19
BVpS20.81
TBVpS7.53
PEG (NY)19.53
PEG (5Y)0.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 12.54% | ||
| ROCE | 14.49% | ||
| ROIC | 10.68% | ||
| ROICexc | 12.94% | ||
| ROICexgc | 37.78% | ||
| OM | 9.54% | ||
| PM (TTM) | 7.02% | ||
| GM | 52.85% | ||
| FCFM | 10% |
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 Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.07 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 91.41% | ||
| Cap/Sales | 4.8% | ||
| Interest Coverage | 142.98 | ||
| Cash Conversion | 100.1% | ||
| Profit Quality | 142.58% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 2.39 |
F-Score8
WACC8.12%
ROIC/WACC1.32
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)15.09%
EPS 3Y10.74%
EPS 5Y11.28%
EPS Q2Q%-14.81%
EPS Next Y0.23%
EPS Next 2Y1.59%
EPS Next 3Y4.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.55%
Revenue growth 3Y-4.99%
Revenue growth 5Y-3.09%
Sales Q2Q%9.35%
Revenue Next Year4.83%
Revenue Next 2Y3.33%
Revenue Next 3Y4.21%
Revenue Next 5YN/A
EBIT growth 1Y23.58%
EBIT growth 3Y-4.73%
EBIT growth 5Y0.65%
EBIT Next Year228.62%
EBIT Next 3Y52.1%
EBIT Next 5Y29.59%
FCF growth 1Y144.23%
FCF growth 3Y2.77%
FCF growth 5Y7.59%
OCF growth 1Y36.93%
OCF growth 3Y5.33%
OCF growth 5Y2.99%