VIANT TECHNOLOGY INC-A (DSP) Stock Fundamental Analysis
NASDAQ:DSP - US92557A1016 - Common Stock
10.28 USD
+0.94 (+10.06%)
10.28 USD
0 (0%)
Taking everything into account, DSP scores 5 out of 10 in our fundamental rating. DSP was compared to 283 industry peers in the Software industry. While DSP has a great health rating, its profitability is only average at the moment. DSP is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
DSP had positive earnings in the past year.
In the past year DSP had a positive cash flow from operations.
In multiple years DSP reported negative net income over the last 5 years.
DSP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
DSP has a Return On Assets of 0.54%. This is in the better half of the industry: DSP outperforms 63.96% of its industry peers.
The Return On Equity of DSP (5.81%) is better than 71.38% of its industry peers.
DSP's Return On Invested Capital of 1.23% is fine compared to the rest of the industry. DSP outperforms 65.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 5.81% | ||
| ROIC | 1.23% |
ROA(3y)-1.15%
ROA(5y)0.6%
ROE(3y)-6.93%
ROE(5y)1.47%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DSP has a better Profit Margin (0.69%) than 64.31% of its industry peers.
In the last couple of years the Profit Margin of DSP has declined.
DSP's Operating Margin of 1.41% is fine compared to the rest of the industry. DSP outperforms 63.25% of its industry peers.
DSP's Operating Margin has declined in the last couple of years.
DSP has a worse Gross Margin (45.39%) than 70.32% of its industry peers.
In the last couple of years the Gross Margin of DSP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.41% | ||
| PM (TTM) | 0.69% | ||
| GM | 45.39% |
OM growth 3YN/A
OM growth 5Y-31.13%
PM growth 3YN/A
PM growth 5Y-30.98%
GM growth 3Y2.69%
GM growth 5Y1.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DSP is destroying value.
Compared to 1 year ago, DSP has about the same amount of shares outstanding.
DSP has more shares outstanding than it did 5 years ago.
DSP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
DSP has an Altman-Z score of 2.27. This is not the best score and indicates that DSP is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of DSP (2.27) is comparable to the rest of the industry.
There is no outstanding debt for DSP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.11
WACC11.28%
2.3 Liquidity
A Current Ratio of 2.71 indicates that DSP has no problem at all paying its short term obligations.
DSP's Current ratio of 2.71 is fine compared to the rest of the industry. DSP outperforms 74.56% of its industry peers.
DSP has a Quick Ratio of 2.71. This indicates that DSP is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of DSP (2.71) is better than 75.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
DSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 380.00%, which is quite impressive.
Measured over the past years, DSP shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.11% on average per year.
Looking at the last year, DSP shows a very strong growth in Revenue. The Revenue has grown by 29.74%.
The Revenue has been growing by 11.89% on average over the past years. This is quite good.
EPS 1Y (TTM)380%
EPS 3YN/A
EPS 5Y-5.11%
EPS Q2Q%N/A
Revenue 1Y (TTM)29.74%
Revenue growth 3Y8.88%
Revenue growth 5Y11.89%
Sales Q2Q%18.2%
3.2 Future
Based on estimates for the next years, DSP will show a very strong growth in Earnings Per Share. The EPS will grow by 45.87% on average per year.
Based on estimates for the next years, DSP will show a quite strong growth in Revenue. The Revenue will grow by 10.39% on average per year.
EPS Next Y7.66%
EPS Next 2Y39.71%
EPS Next 3Y23.65%
EPS Next 5Y45.87%
Revenue Next Year17.6%
Revenue Next 2Y16.51%
Revenue Next 3Y16.66%
Revenue Next 5Y10.39%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
DSP is valuated quite expensively with a Price/Earnings ratio of 73.43.
The rest of the industry has a similar Price/Earnings ratio as DSP.
When comparing the Price/Earnings ratio of DSP to the average of the S&P500 Index (27.24), we can say DSP is valued expensively.
DSP is valuated quite expensively with a Price/Forward Earnings ratio of 40.51.
The rest of the industry has a similar Price/Forward Earnings ratio as DSP.
DSP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.43 | ||
| Fwd PE | 40.51 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DSP is valued a bit cheaper than 78.45% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, DSP is valued a bit cheaper than the industry average as 76.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.82 | ||
| EV/EBITDA | 22.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DSP does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as DSP's earnings are expected to grow with 23.65% in the coming years.
PEG (NY)9.59
PEG (5Y)N/A
EPS Next 2Y39.71%
EPS Next 3Y23.65%
5. Dividend
5.1 Amount
No dividends for DSP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.28
+0.94 (+10.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners70.06%
Inst Owner Change9.09%
Ins Owners8.74%
Ins Owner Change-7.4%
Market Cap647.13M
Analysts80
Price Target19.89 (93.48%)
Short Float %7.99%
Short Ratio4.71
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)1
Avg EPS beat(2)6.13%
Min EPS beat(2)-19.41%
Max EPS beat(2)31.67%
EPS beat(4)2
Avg EPS beat(4)-2.38%
Min EPS beat(4)-100%
Max EPS beat(4)78.22%
EPS beat(8)6
Avg EPS beat(8)43.45%
EPS beat(12)7
Avg EPS beat(12)25.53%
EPS beat(16)10
Avg EPS beat(16)76.72%
Revenue beat(2)2
Avg Revenue beat(2)4.99%
Min Revenue beat(2)3.78%
Max Revenue beat(2)6.19%
Revenue beat(4)4
Avg Revenue beat(4)7.99%
Min Revenue beat(4)0.19%
Max Revenue beat(4)21.8%
Revenue beat(8)7
Avg Revenue beat(8)5.15%
Revenue beat(12)8
Avg Revenue beat(12)3.95%
Revenue beat(16)11
Avg Revenue beat(16)3.75%
PT rev (1m)-10.34%
PT rev (3m)-10.86%
EPS NQ rev (1m)14.31%
EPS NQ rev (3m)228.6%
EPS NY rev (1m)24.56%
EPS NY rev (3m)14.12%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)-1.76%
Revenue NY rev (3m)-2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.43 | ||
| Fwd PE | 40.51 | ||
| P/S | 2.11 | ||
| P/FCF | 24.82 | ||
| P/OCF | 14.88 | ||
| P/B | 17.75 | ||
| P/tB | 46.8 | ||
| EV/EBITDA | 22.59 |
EPS(TTM)0.14
EY1.36%
EPS(NY)0.25
Fwd EY2.47%
FCF(TTM)0.41
FCFY4.03%
OCF(TTM)0.69
OCFY6.72%
SpS4.87
BVpS0.58
TBVpS0.22
PEG (NY)9.59
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 5.81% | ||
| ROCE | 1.55% | ||
| ROIC | 1.23% | ||
| ROICexc | 3.28% | ||
| ROICexgc | 4.19% | ||
| OM | 1.41% | ||
| PM (TTM) | 0.69% | ||
| GM | 45.39% | ||
| FCFM | 8.51% |
ROA(3y)-1.15%
ROA(5y)0.6%
ROE(3y)-6.93%
ROE(5y)1.47%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-52.49%
ROICexc growth 3YN/A
ROICexc growth 5Y-48.11%
OM growth 3YN/A
OM growth 5Y-31.13%
PM growth 3YN/A
PM growth 5Y-30.98%
GM growth 3Y2.69%
GM growth 5Y1.24%
F-Score7
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.6% | ||
| Cap/Sales | 5.68% | ||
| Interest Coverage | 15.23 | ||
| Cash Conversion | 207.53% | ||
| Profit Quality | 1230.39% | ||
| Current Ratio | 2.71 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 2.27 |
F-Score7
WACC11.28%
ROIC/WACC0.11
Cap/Depr(3y)88.84%
Cap/Depr(5y)67.39%
Cap/Sales(3y)5.55%
Cap/Sales(5y)4.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)380%
EPS 3YN/A
EPS 5Y-5.11%
EPS Q2Q%N/A
EPS Next Y7.66%
EPS Next 2Y39.71%
EPS Next 3Y23.65%
EPS Next 5Y45.87%
Revenue 1Y (TTM)29.74%
Revenue growth 3Y8.88%
Revenue growth 5Y11.89%
Sales Q2Q%18.2%
Revenue Next Year17.6%
Revenue Next 2Y16.51%
Revenue Next 3Y16.66%
Revenue Next 5Y10.39%
EBIT growth 1Y133.47%
EBIT growth 3YN/A
EBIT growth 5Y-22.94%
EBIT Next Year1291.27%
EBIT Next 3Y185.69%
EBIT Next 5Y89.01%
FCF growth 1Y204%
FCF growth 3Y16.9%
FCF growth 5Y21.96%
OCF growth 1Y377.45%
OCF growth 3Y21.77%
OCF growth 5Y31.77%