Criteo S.A. (CRTO) vs DoubleVerify Holdings, Inc. (DV)

Criteo S.A. and DoubleVerify Holdings, Inc. are both Advertising Agencies companies. DoubleVerify Holdings, Inc. is the larger, with a market value of $2.1B against $858.7M — 2.5× the size. Criteo S.A. trades at the lower P/E: 10.9× against 33.9×. DoubleVerify Holdings, Inc. grew revenue faster over the last twelve months: 7.16% against −7.49%. DoubleVerify Holdings, Inc. has the higher net margin (8.22% vs 3.99%) and the higher return on invested capital (7.30% vs 6.28%). Across the 22 metrics below, Criteo S.A. leads on 11 and DoubleVerify Holdings, Inc. on 11.

Valuation

Metric CRTO DV Advertising Agencies median
P/E 10.90 33.88 21.69
P/S 0.41 2.68 0.73
P/B 0.64 1.86 1.02
Price to free cash flow 5.59 12.58 8.36
EV/EBITDA 1.78 10.99 11.66
EV/Sales 0.27 2.38 0.96
Earnings yield 9.17% 2.95% (2.98%)
Free cash flow yield 17.90% 7.95% 0.00%

Profitability

Metric CRTO DV Advertising Agencies median
Gross margin 52.48% 82.17% 44.67%
Operating margin 6.57% 13.33% 0.00%
Net margin 3.99% 8.22% (2.95%)
Free cash flow margin 7.28% 21.27% 0.00%
Return on equity 6.14% 5.85% 0.00%
Return on assets 3.53% 4.88% 0.00%
Return on invested capital 6.28% 7.30% 0.00%

Growth

Metric CRTO DV Advertising Agencies median
Revenue growth (TTM) (7.49%) 7.16% 2.99%
EPS growth (last fiscal year) 38.95% (6.25%) 44.63%
Revenue growth, 5-year CAGR (1.26%) 25.13% 5.40%
Net income growth, 5-year CAGR 15.07% 19.88% 0.00%

Health

Metric CRTO DV Advertising Agencies median
Debt to equity 0.00 0.01 0.04
Current ratio 1.29 4.69 1.72
Net debt to EBITDA (1.07) (1.86) 0.02

Dividend

Metric CRTO DV Advertising Agencies median
Dividend yield — — 3.66%
Payout ratio — — —

Size

Metric CRTO DV Advertising Agencies median
Market cap 858.67m 2.12b 60.75m

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