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SHUTTERSTOCK INC (SSTK) Stock Fundamental Analysis

USA - NYSE:SSTK - US8256901005 - Common Stock

25.31 USD
-0.01 (-0.04%)
Last: 10/23/2025, 8:04:01 PM
25.48 USD
+0.17 (+0.67%)
After Hours: 10/23/2025, 8:04:01 PM
Fundamental Rating

5

Taking everything into account, SSTK scores 5 out of 10 in our fundamental rating. SSTK was compared to 70 industry peers in the Interactive Media & Services industry. While SSTK belongs to the best of the industry regarding profitability, there are concerns on its financial health. SSTK is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

SSTK had positive earnings in the past year.
In the past year SSTK had a positive cash flow from operations.
SSTK had positive earnings in each of the past 5 years.
SSTK had a positive operating cash flow in each of the past 5 years.
SSTK Yearly Net Income VS EBIT VS OCF VS FCFSSTK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

With a decent Return On Assets value of 4.67%, SSTK is doing good in the industry, outperforming 71.43% of the companies in the same industry.
With an excellent Return On Equity value of 10.97%, SSTK belongs to the best of the industry, outperforming 84.29% of the companies in the same industry.
SSTK's Return On Invested Capital of 6.27% is fine compared to the rest of the industry. SSTK outperforms 74.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SSTK is below the industry average of 13.27%.
Industry RankSector 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%
SSTK Yearly ROA, ROE, ROICSSTK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

Looking at the Profit Margin, with a value of 6.36%, SSTK is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
SSTK's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.54%, SSTK is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
SSTK's Operating Margin has improved in the last couple of years.
SSTK has a Gross Margin (58.07%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SSTK has remained more or less at the same level.
Industry RankSector 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%
SSTK Yearly Profit, Operating, Gross MarginsSSTK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SSTK is destroying value.
Compared to 1 year ago, SSTK has less shares outstanding
Compared to 5 years ago, SSTK has less shares outstanding
SSTK has a worse debt/assets ratio than last year.
SSTK Yearly Shares OutstandingSSTK Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
SSTK Yearly Total Debt VS Total AssetsSSTK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

SSTK has an Altman-Z score of 1.68. This is a bad value and indicates that SSTK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.68, SSTK perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
The Debt to FCF ratio of SSTK is 103.65, which is on the high side as it means it would take SSTK, 103.65 years of fcf income to pay off all of its debts.
SSTK has a Debt to FCF ratio of 103.65. This is comparable to the rest of the industry: SSTK outperforms 52.86% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that SSTK is not too dependend on debt financing.
SSTK has a worse Debt to Equity ratio (0.47) than 61.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 103.65
Altman-Z 1.68
ROIC/WACC0.63
WACC9.94%
SSTK Yearly LT Debt VS Equity VS FCFSSTK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

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.
SSTK's Current ratio of 0.49 is on the low side compared to the rest of the industry. SSTK is outperformed by 88.57% of its industry peers.
A Quick Ratio of 0.49 indicates that SSTK may have some problems paying its short term obligations.
SSTK has a worse Quick ratio (0.49) than 88.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.49
Quick Ratio 0.49
SSTK Yearly Current Assets VS Current LiabilitesSSTK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

4

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%.
SSTK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.29% yearly.
Looking at the last year, SSTK shows a quite strong growth in Revenue. The Revenue has grown by 14.21% in the last year.
SSTK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.53% yearly.
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

SSTK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.75% yearly.
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

The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
SSTK Yearly Revenue VS EstimatesSSTK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
SSTK Yearly EPS VS EstimatesSSTK Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

8

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 6.03, the valuation of SSTK can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of SSTK indicates a rather cheap valuation: SSTK is cheaper than 90.00% of the companies listed in the same industry.
SSTK is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 4.74, the valuation of SSTK can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SSTK indicates a rather cheap valuation: SSTK is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.33. SSTK is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 6.03
Fwd PE 4.74
SSTK Price Earnings VS Forward Price EarningsSSTK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SSTK indicates a rather cheap valuation: SSTK is cheaper than 91.43% of the companies listed in the same industry.
SSTK's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 337.15
EV/EBITDA 5.43
SSTK Per share dataSSTK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

SSTK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SSTK may justify a higher PE ratio.
PEG (NY)0.28
PEG (5Y)0.22
EPS Next 2Y14.04%
EPS Next 3Y8.38%

5

5. Dividend

5.1 Amount

SSTK has a Yearly Dividend Yield of 5.27%, which is a nice return.
Compared to an average industry Dividend Yield of 2.82, SSTK pays a better dividend. On top of this SSTK pays more dividend than 97.14% 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 2.35.
Industry RankSector Rank
Dividend Yield 5.27%

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
SSTK Yearly Dividends per shareSSTK Yearly Dividends per shareYearly Dividends per share 2018 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

68.69% of the earnings are spent on dividend by SSTK. This is not a sustainable payout ratio.
DP68.69%
EPS Next 2Y14.04%
EPS Next 3Y8.38%
SSTK Yearly Income VS Free CF VS DividendSSTK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M
SSTK Dividend Payout.SSTK Dividend Payout, showing the Payout Ratio.SSTK Dividend Payout.PayoutRetained Earnings

SHUTTERSTOCK INC

NYSE:SSTK (10/23/2025, 8:04:01 PM)

After market: 25.48 +0.17 (+0.67%)

25.31

-0.01 (-0.04%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)07-29 2025-07-29/bmo
Earnings (Next)10-27 2025-10-27
Inst Owners69.76%
Inst Owner Change-0.29%
Ins Owners31.73%
Ins Owner Change1.6%
Market Cap898.50M
Revenue(TTM)1.01B
Net Income(TTM)64.31M
Analysts77.78
Price Target29.19 (15.33%)
Short Float %6.33%
Short Ratio6.08
Dividend
Industry RankSector Rank
Dividend Yield 5.27%
Yearly Dividend1.2
Dividend Growth(5Y)N/A
DP68.69%
Div Incr Years4
Div Non Decr Years4
Ex-Date09-04 2025-09-04 (0.33)
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)2.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.97%
Valuation
Industry RankSector Rank
PE 6.03
Fwd PE 4.74
P/S 0.89
P/FCF 337.15
P/OCF 18.54
P/B 1.53
P/tB N/A
EV/EBITDA 5.43
EPS(TTM)4.2
EY16.59%
EPS(NY)5.34
Fwd EY21.12%
FCF(TTM)0.08
FCFY0.3%
OCF(TTM)1.37
OCFY5.39%
SpS28.46
BVpS16.51
TBVpS-6.4
PEG (NY)0.28
PEG (5Y)0.22
Graham Number39.5
Profitability
Industry RankSector 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%
ROICexgc growth 3YN/A
ROICexgc 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 RankSector 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 1.68
F-Score3
WACC9.94%
ROIC/WACC0.63
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%