INNOVID CORP (CTV)
US4576791085 - Common Stock
Taking everything into account, CTV scores 4 out of 10 in our fundamental rating. CTV was compared to 96 industry peers in the Media industry. CTV has a great financial health rating, but its profitability evaluates not so good. While showing a medium growth rate, CTV is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CTV has reported negative net income.
CTV had a positive operating cash flow in the past year.
CTV had negative earnings in each of the past 5 years.
In the past 5 years CTV reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of CTV (-12.77%) is worse than 76.84% of its industry peers.
CTV has a worse Return On Equity (-16.28%) than 65.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.77% | ||
| ROE | -16.28% | ||
| ROIC | N/A |
ROA(3y)-20.97%
ROA(5y)-19.25%
ROE(3y)-26.69%
ROE(5y)-25.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 75.84%, CTV belongs to the top of the industry, outperforming 88.42% of the companies in the same industry.
CTV's Gross Margin has declined in the last couple of years.
CTV does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75.84% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.56%
GM growth 5YN/A
2. Health
2.1 Basic Checks
CTV does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CTV has more shares outstanding
CTV has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.22 indicates that CTV is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.22, CTV belongs to the best of the industry, outperforming 83.16% of the companies in the same industry.
The Debt to FCF ratio of CTV is 9.41, which is on the high side as it means it would take CTV, 9.41 years of fcf income to pay off all of its debts.
CTV has a better Debt to FCF ratio (9.41) than 65.26% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that CTV is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.10, CTV is doing good in the industry, outperforming 71.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 9.41 | ||
| Altman-Z | 3.22 |
ROIC/WACCN/A
WACC9.02%
2.3 Liquidity
CTV has a Current Ratio of 3.99. This indicates that CTV is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CTV (3.99) is better than 88.42% of its industry peers.
CTV has a Quick Ratio of 3.99. This indicates that CTV is financially healthy and has no problem in meeting its short term obligations.
CTV has a Quick ratio of 3.99. This is amongst the best in the industry. CTV outperforms 88.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.99 | ||
| Quick Ratio | 3.99 |
3. Growth
3.1 Past
CTV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -30.00%.
Looking at the last year, CTV shows a quite strong growth in Revenue. The Revenue has grown by 10.04% in the last year.
Measured over the past years, CTV shows a very strong growth in Revenue. The Revenue has been growing by 26.68% on average per year.
EPS 1Y (TTM)-30%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q83.33%
Revenue 1Y (TTM)10.04%
Revenue growth 3Y26.68%
Revenue growth 5YN/A
Revenue growth Q2Q14.59%
3.2 Future
Based on estimates for the next years, CTV will show a very strong growth in Earnings Per Share. The EPS will grow by 35.11% on average per year.
CTV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.04% yearly.
EPS Next Y105.18%
EPS Next 2Y50.3%
EPS Next 3Y35.11%
EPS Next 5YN/A
Revenue Next Year15.09%
Revenue Next 2Y14.27%
Revenue Next 3Y13.04%
Revenue Next 5YN/A
3.3 Evolution
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
CTV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 229.70 indicates a quite expensive valuation of CTV.
Based on the Price/Forward Earnings ratio, CTV is valued a bit more expensive than the industry average as 64.21% of the companies are valued more cheaply.
CTV is valuated expensively when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 229.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CTV is valued a bit more expensive than the industry average as 63.16% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 154.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CTV's earnings are expected to grow with 35.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.3%
EPS Next 3Y35.11%
5. Dividend
5.1 Amount
No dividends for CTV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
INNOVID CORP
NYSE:CTV (5/3/2024, 7:04:00 PM)
After market: 2.32 0 (0%)2.32
+0.06 (+2.65%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap329.02M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
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Surprises & Revisions
EPS beat(2)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 229.7 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.77% | ||
| ROE | -16.28% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75.84% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
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ROCE(5y)
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ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
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PM growth 5Y
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GM growth 5Y
F-Score
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.99 | ||
| Quick Ratio | 3.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-30%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y105.18%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.04%
Revenue growth 3Y26.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
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EBIT growth 3Y
EBIT growth 5Y
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