PUBMATIC INC-CLASS A (PUBM) Stock Fundamental Analysis
NASDAQ:PUBM - Nasdaq - US74467Q1031 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to PUBM. PUBM was compared to 98 industry peers in the Media industry. Both the profitability and the financial health of PUBM get a neutral evaluation. Nothing too spectacular is happening here. PUBM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PUBM had positive earnings in the past year.
PUBM had a positive operating cash flow in the past year.
Each year in the past 5 years PUBM has been profitable.
PUBM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PUBM has a Return On Assets of 0.82%. This is in the better half of the industry: PUBM outperforms 61.22% of its industry peers.
The Return On Equity of PUBM (1.99%) is better than 63.27% of its industry peers.
| 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.
PUBM's Operating Margin has declined in the last couple of years.
The Gross Margin of PUBM (64.91%) is better than 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
The debt/assets ratio for PUBM has been reduced compared to a year ago.
2.2 Solvency
PUBM has an Altman-Z score of 1.85. 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.
With a decent Altman-Z score value of 1.85, PUBM is doing good in the industry, outperforming 65.31% of the companies in the same industry.
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 | 1.85 |
ROIC/WACCN/A
WACC9.12%
2.3 Liquidity
PUBM has a Current 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.
PUBM's Current ratio of 1.44 is in line compared to the rest of the industry. PUBM outperforms 56.12% of its industry peers.
A Quick Ratio of 1.44 indicates that PUBM should not have too much problems paying 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
The earnings per share for PUBM have decreased strongly by -61.90% in the last year.
The Earnings Per Share has been growing by 87.27% on average over the past years. This is a very strong growth
Looking at the last year, PUBM shows a small growth in Revenue. The Revenue has grown by 3.62% in the last year.
The Revenue has been growing by 20.66% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 12.38% on average over the next years. This is quite good.
Based on estimates for the next years, PUBM will show a quite strong growth in Revenue. The Revenue will grow by 9.89% on average per year.
EPS Next Y-189.19%
EPS Next 2Y-66.33%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 145.25, the valuation of PUBM can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PUBM is on the same level as its industry peers.
PUBM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
With a Price/Forward Earnings ratio of 445.70, PUBM can be considered very expensive at the moment.
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 22.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 145.25 | ||
| Fwd PE | 445.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PUBM indicates a somewhat cheap valuation: PUBM is cheaper than 63.27% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PUBM is valued a bit cheaper than the industry average as 62.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.74 | ||
| EV/EBITDA | 8.7 |
4.3 Compensation for Growth
PUBM's earnings are expected to grow with 12.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.66
EPS Next 2Y-66.33%
EPS Next 3Y12.38%
5. Dividend
5.1 Amount
PUBM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.62
-0.49 (-4.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners65.89%
Inst Owner Change1.01%
Ins Owners0.56%
Ins Owner Change7.23%
Market Cap563.92M
Analysts76.47
Price Target15.81 (36.06%)
Short Float %4.09%
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)-3.12%
PT rev (3m)-11.15%
EPS NQ rev (1m)-20.05%
EPS NQ rev (3m)-123.11%
EPS NY rev (1m)-350.62%
EPS NY rev (3m)-335.77%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)-6.86%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-7.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 145.25 | ||
| Fwd PE | 445.7 | ||
| P/S | 1.96 | ||
| P/FCF | 21.74 | ||
| P/OCF | 8.71 | ||
| P/B | 2.05 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 8.7 |
EPS(TTM)0.08
EY0.69%
EPS(NY)0.03
Fwd EY0.22%
FCF(TTM)0.53
FCFY4.6%
OCF(TTM)1.33
OCFY11.48%
SpS5.94
BVpS5.68
TBVpS4.99
PEG (NY)N/A
PEG (5Y)1.66
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 | 1.85 |
F-Score6
WACC9.12%
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-66.33%
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%