SHUTTERSTOCK INC (SSTK) Stock Fundamental Analysis
USA - NYSE:SSTK - US8256901005 - Common Stock
21.05 USD
+0.52 (+2.53%)
21 USD
-0.05 (-0.24%)
Taking everything into account, SSTK scores 5 out of 10 in our fundamental rating. SSTK was compared to 69 industry peers in the Interactive Media & Services industry. While SSTK has a great profitability rating, there are quite some concerns on its financial health. SSTK is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year SSTK was profitable.
In the past year SSTK had a positive cash flow from operations.
SSTK had positive earnings in each of the past 5 years.
In the past 5 years SSTK always reported a positive cash flow from operatings.
1.2 Ratios
SSTK has a Return On Assets of 4.67%. This is in the better half of the industry: SSTK outperforms 71.01% of its industry peers.
Looking at the Return On Equity, with a value of 10.97%, SSTK belongs to the top of the industry, outperforming 84.06% of the companies in the same industry.
The Return On Invested Capital of SSTK (6.27%) is better than 75.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SSTK is below the industry average of 12.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.67% | ||
| ROE | 10.97% | ||
| ROIC | 6.27% |
ROA(3y)7.34%
ROA(5y)8.53%
ROE(3y)14.95%
ROE(5y)16.3%
ROIC(3y)9.8%
ROIC(5y)11.62%
1.3 Margins
Looking at the Profit Margin, with a value of 6.36%, SSTK is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
SSTK's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 7.54%, SSTK is doing good in the industry, outperforming 68.12% of the companies in the same industry.
In the last couple of years the Operating Margin of SSTK has grown nicely.
SSTK has a Gross Margin (58.07%) which is comparable to the rest of the industry.
SSTK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| PM (TTM) | 6.36% | ||
| GM | 58.07% |
OM growth 3Y-19.3%
OM growth 5Y18.79%
PM growth 3Y-31.36%
PM growth 5Y4.45%
GM growth 3Y-3.49%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SSTK is creating some value.
The number of shares outstanding for SSTK has been reduced compared to 1 year ago.
SSTK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SSTK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.57, we must say that SSTK is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SSTK (1.57) is comparable to the rest of the industry.
SSTK has a debt to FCF ratio of 103.65. This is a negative value and a sign of low solvency as SSTK would need 103.65 years to pay back of all of its debts.
With a Debt to FCF ratio value of 103.65, SSTK perfoms like the industry average, outperforming 49.28% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that SSTK is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.47, SSTK is not doing good in the industry: 63.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 103.65 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.68
WACC9.27%
2.3 Liquidity
SSTK has a Current Ratio of 0.49. This is a bad value and indicates that SSTK is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.49, SSTK is doing worse than 88.41% of the companies in the same industry.
SSTK has a Quick Ratio of 0.49. This is a bad value and indicates that SSTK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.49, SSTK is not doing good in the industry: 88.41% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
SSTK shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.19%.
Measured over the past years, SSTK shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.29% on average per year.
SSTK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.21%.
Measured over the past years, SSTK shows a small growth in Revenue. The Revenue has been growing by 7.53% on average per year.
EPS 1Y (TTM)2.19%
EPS 3Y5.8%
EPS 5Y27.29%
EPS Q2Q%19%
Revenue 1Y (TTM)14.21%
Revenue growth 3Y6.54%
Revenue growth 5Y7.53%
Sales Q2Q%21.33%
3.2 Future
The Earnings Per Share is expected to grow by 8.75% on average over the next years. This is quite good.
SSTK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.87% yearly.
EPS Next Y21.61%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
EPS Next 5Y8.75%
Revenue Next Year8.9%
Revenue Next 2Y4.95%
Revenue Next 3Y8.05%
Revenue Next 5Y5.87%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 5.01, the valuation of SSTK can be described as very cheap.
SSTK's Price/Earnings ratio is rather cheap when compared to the industry. SSTK is cheaper than 91.30% of the companies in the same industry.
SSTK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.54.
With a Price/Forward Earnings ratio of 3.94, the valuation of SSTK can be described as very cheap.
Based on the Price/Forward Earnings ratio, SSTK is valued cheaper than 98.55% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.05, SSTK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.01 | ||
| Fwd PE | 3.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SSTK is valued cheaper than 94.20% of the companies in the same industry.
SSTK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 280.17 | ||
| EV/EBITDA | 4.51 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SSTK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.23
PEG (5Y)0.18
EPS Next 2Y14.04%
EPS Next 3Y8.38%
5. Dividend
5.1 Amount
SSTK has a Yearly Dividend Yield of 6.43%, which is a nice return.
Compared to an average industry Dividend Yield of 4.33, SSTK pays a better dividend. On top of this SSTK pays more dividend than 98.55% of the companies listed in the same industry.
SSTK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
5.2 History
SSTK has been paying a dividend for over 5 years, so it has already some track record.
SSTK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
SSTK pays out 68.69% of its income as dividend. This is not a sustainable payout ratio.
DP68.69%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
21.05
+0.52 (+2.53%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners69.76%
Inst Owner Change2.67%
Ins Owners31.73%
Ins Owner Change2.09%
Market Cap746.64M
Analysts76
Price Target29.19 (38.67%)
Short Float %5.27%
Short Ratio4.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
Yearly Dividend1.2
Dividend Growth(5Y)N/A
DP68.69%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.79%
Min EPS beat(2)-5.03%
Max EPS beat(2)1.45%
EPS beat(4)2
Avg EPS beat(4)-4.08%
Min EPS beat(4)-26.74%
Max EPS beat(4)13.99%
EPS beat(8)5
Avg EPS beat(8)6.32%
EPS beat(12)9
Avg EPS beat(12)7.45%
EPS beat(16)12
Avg EPS beat(16)10.34%
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-5.68%
Max Revenue beat(2)5.8%
Revenue beat(4)2
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-5.68%
Max Revenue beat(4)5.8%
Revenue beat(8)5
Avg Revenue beat(8)0.24%
Revenue beat(12)6
Avg Revenue beat(12)-0.47%
Revenue beat(16)7
Avg Revenue beat(16)-0.6%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.96%
EPS NY rev (1m)0%
EPS NY rev (3m)5.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.01 | ||
| Fwd PE | 3.94 | ||
| P/S | 0.74 | ||
| P/FCF | 280.17 | ||
| P/OCF | 15.41 | ||
| P/B | 1.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.51 |
EPS(TTM)4.2
EY19.95%
EPS(NY)5.34
Fwd EY25.39%
FCF(TTM)0.08
FCFY0.36%
OCF(TTM)1.37
OCFY6.49%
SpS28.49
BVpS16.53
TBVpS-6.4
PEG (NY)0.23
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.67% | ||
| ROE | 10.97% | ||
| ROCE | 10.27% | ||
| ROIC | 6.27% | ||
| ROICexc | 7.2% | ||
| ROICexgc | N/A | ||
| OM | 7.54% | ||
| PM (TTM) | 6.36% | ||
| GM | 58.07% | ||
| FCFM | 0.26% |
ROA(3y)7.34%
ROA(5y)8.53%
ROE(3y)14.95%
ROE(5y)16.3%
ROIC(3y)9.8%
ROIC(5y)11.62%
ROICexc(3y)11.98%
ROICexc(5y)43.54%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)14.78%
ROCE(5y)16.65%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-43.74%
ROICexc growth 5Y-17.59%
OM growth 3Y-19.3%
OM growth 5Y18.79%
PM growth 3Y-31.36%
PM growth 5Y4.45%
GM growth 3Y-3.49%
GM growth 5Y0.14%
F-Score3
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 103.65 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 50.77% | ||
| Cap/Sales | 4.53% | ||
| Interest Coverage | 4.99 | ||
| Cash Conversion | 29.12% | ||
| Profit Quality | 4.14% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 1.57 |
F-Score3
WACC9.27%
ROIC/WACC0.68
Cap/Depr(3y)59.35%
Cap/Depr(5y)72.49%
Cap/Sales(3y)5.26%
Cap/Sales(5y)5.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.19%
EPS 3Y5.8%
EPS 5Y27.29%
EPS Q2Q%19%
EPS Next Y21.61%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
EPS Next 5Y8.75%
Revenue 1Y (TTM)14.21%
Revenue growth 3Y6.54%
Revenue growth 5Y7.53%
Sales Q2Q%21.33%
Revenue Next Year8.9%
Revenue Next 2Y4.95%
Revenue Next 3Y8.05%
Revenue Next 5Y5.87%
EBIT growth 1Y34.36%
EBIT growth 3Y-14.02%
EBIT growth 5Y27.74%
EBIT Next Year245.03%
EBIT Next 3Y60.19%
EBIT Next 5Y36.28%
FCF growth 1Y-98.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-75.21%
OCF growth 3Y-46.77%
OCF growth 5Y-20.47%