PUBMATIC INC-CLASS A (PUBM) Stock Fundamental Analysis
NASDAQ:PUBM - Nasdaq - US74467Q1031 - Common Stock - Currency: USD
Taking everything into account, PUBM scores 5 out of 10 in our fundamental rating. PUBM was compared to 98 industry peers in the Media industry. PUBM has only an average score on both its financial health and profitability. PUBM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PUBM was profitable.
PUBM had a positive operating cash flow in the past year.
In the past 5 years PUBM has always been profitable.
Each year in the past 5 years PUBM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.82%, PUBM is in the better half of the industry, outperforming 61.22% of the companies in the same industry.
Looking at the Return On Equity, with a value of 1.99%, PUBM is in the better half of the industry, outperforming 63.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.99% | ||
| ROIC | N/A |
ROA(3y)2.48%
ROA(5y)3.89%
ROE(3y)5.57%
ROE(5y)8.47%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 1.90%, PUBM is doing good in the industry, outperforming 62.24% of the companies in the same industry.
In the last couple of years the Profit Margin of PUBM has grown nicely.
In the last couple of years the Operating Margin of PUBM has declined.
PUBM has a Gross Margin of 64.91%. This is in the better half of the industry: PUBM outperforms 78.57% of its industry peers.
PUBM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 1.9% | ||
| GM | 64.91% |
OM growth 3Y-62.67%
OM growth 5Y-30.1%
PM growth 3Y-44.38%
PM growth 5Y64.99%
GM growth 3Y-4.21%
GM growth 5Y-1.07%
2. Health
2.1 Basic Checks
PUBM does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for PUBM has been reduced compared to 1 year ago.
Compared to 5 years ago, PUBM has more shares outstanding
Compared to 1 year ago, PUBM has an improved debt to assets ratio.
2.2 Solvency
PUBM has an Altman-Z score of 1.92. This is not the best score and indicates that PUBM is in the grey zone with still only limited risk for bankruptcy at the moment.
PUBM has a Altman-Z score of 1.92. This is in the better half of the industry: PUBM outperforms 66.33% of its industry peers.
There is no outstanding debt for PUBM. 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 | 1.92 |
ROIC/WACCN/A
WACC9.08%
2.3 Liquidity
A Current Ratio of 1.44 indicates that PUBM should not have too much problems paying its short term obligations.
PUBM has a Current ratio (1.44) which is in line with its industry peers.
PUBM has a Quick Ratio of 1.44. This is a normal value and indicates that PUBM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PUBM (1.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
PUBM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.90%.
Measured over the past years, PUBM shows a very strong growth in Earnings Per Share. The EPS has been growing by 87.27% on average per year.
The Revenue has been growing slightly by 3.62% in the past year.
Measured over the past years, PUBM shows a very strong growth in Revenue. The Revenue has been growing by 20.66% on average per year.
EPS 1Y (TTM)-61.9%
EPS 3Y-37.23%
EPS 5Y87.27%
EPS Q2Q%-300%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y8.68%
Revenue growth 5Y20.66%
Sales Q2Q%-4.31%
3.2 Future
PUBM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.38% yearly.
The Revenue is expected to grow by 9.89% on average over the next years. This is quite good.
EPS Next Y-189.19%
EPS Next 2Y-68.61%
EPS Next 3Y12.38%
EPS Next 5YN/A
Revenue Next Year-0.28%
Revenue Next 2Y4.91%
Revenue Next 3Y6.11%
Revenue Next 5Y9.89%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 159.88 indicates a quite expensive valuation of PUBM.
PUBM's Price/Earnings ratio is in line with the industry average.
PUBM is valuated expensively when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 564.32, the valuation of PUBM can be described as expensive.
PUBM's Price/Forward Earnings is on the same level as the industry average.
PUBM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 159.88 | ||
| Fwd PE | 564.32 |
4.2 Price Multiples
PUBM's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, PUBM is valued a bit cheaper than 60.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.93 | ||
| EV/EBITDA | 9.68 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PUBM's earnings are expected to grow with 12.38% in the coming years.
PEG (NY)N/A
PEG (5Y)1.83
EPS Next 2Y-68.61%
EPS Next 3Y12.38%
5. Dividend
5.1 Amount
No dividends for PUBM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.79
+0.3 (+2.4%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners65.72%
Inst Owner Change0.12%
Ins Owners0.67%
Ins Owner Change7.54%
Market Cap620.70M
Analysts76.47
Price Target15.81 (23.61%)
Short Float %4.01%
Short Ratio2.6
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)5.96%
Min EPS beat(2)2.99%
Max EPS beat(2)8.93%
EPS beat(4)4
Avg EPS beat(4)101.26%
Min EPS beat(4)2.99%
Max EPS beat(4)324.09%
EPS beat(8)7
Avg EPS beat(8)74.15%
EPS beat(12)10
Avg EPS beat(12)64.06%
EPS beat(16)14
Avg EPS beat(16)73.02%
Revenue beat(2)1
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-5%
Max Revenue beat(2)0.81%
Revenue beat(4)2
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-5.95%
Max Revenue beat(4)6.57%
Revenue beat(8)6
Avg Revenue beat(8)2.03%
Revenue beat(12)8
Avg Revenue beat(12)1.17%
Revenue beat(16)10
Avg Revenue beat(16)1.66%
PT rev (1m)0%
PT rev (3m)-5.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-350.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 159.88 | ||
| Fwd PE | 564.32 | ||
| P/S | 2.15 | ||
| P/FCF | 23.93 | ||
| P/OCF | 9.59 | ||
| P/B | 2.25 | ||
| P/tB | 2.56 | ||
| EV/EBITDA | 9.68 |
EPS(TTM)0.08
EY0.63%
EPS(NY)0.02
Fwd EY0.18%
FCF(TTM)0.53
FCFY4.18%
OCF(TTM)1.33
OCFY10.43%
SpS5.94
BVpS5.68
TBVpS4.99
PEG (NY)N/A
PEG (5Y)1.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.99% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 1.9% | ||
| GM | 64.91% | ||
| FCFM | 8.99% |
ROA(3y)2.48%
ROA(5y)3.89%
ROE(3y)5.57%
ROE(5y)8.47%
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)4.59%
ROCE(5y)10.45%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-62.67%
OM growth 5Y-30.1%
PM growth 3Y-44.38%
PM growth 5Y64.99%
GM growth 3Y-4.21%
GM growth 5Y-1.07%
F-Score6
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 84.72% | ||
| Cap/Sales | 13.46% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 149.32% | ||
| Profit Quality | 473.96% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 1.92 |
F-Score6
WACC9.08%
ROIC/WACCN/A
Cap/Depr(3y)96.96%
Cap/Depr(5y)132.2%
Cap/Sales(3y)14.3%
Cap/Sales(5y)16.27%
Profit Quality(3y)335.84%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.9%
EPS 3Y-37.23%
EPS 5Y87.27%
EPS Q2Q%-300%
EPS Next Y-189.19%
EPS Next 2Y-68.61%
EPS Next 3Y12.38%
EPS Next 5YN/A
Revenue 1Y (TTM)3.62%
Revenue growth 3Y8.68%
Revenue growth 5Y20.66%
Sales Q2Q%-4.31%
Revenue Next Year-0.28%
Revenue Next 2Y4.91%
Revenue Next 3Y6.11%
Revenue Next 5Y9.89%
EBIT growth 1Y-134.1%
EBIT growth 3Y-59.43%
EBIT growth 5Y-15.66%
EBIT Next Year2410.02%
EBIT Next 3Y231.73%
EBIT Next 5Y124.27%
FCF growth 1Y-9.7%
FCF growth 3Y-10.89%
FCF growth 5Y11.63%
OCF growth 1Y-19.71%
OCF growth 3Y-6.1%
OCF growth 5Y15.89%