DoubleVerify Holdings, Inc. (DV) vs Ziff Davis, Inc. (ZD)

DoubleVerify Holdings, Inc. and Ziff Davis, Inc. are both Advertising Agencies companies. DoubleVerify Holdings, Inc. and Ziff Davis, Inc. are of similar size ($2.1B and $1.9B). Ziff Davis, Inc. trades at the lower P/E: 3.2× against 37.3×. Ziff Davis, Inc. grew revenue faster over the last twelve months: 7.80% against 7.64%. Ziff Davis, Inc. has the higher net margin (44.8% vs 7.66%) and the lower return on invested capital (4.71% vs 6.77%). Across the 22 metrics below, Ziff Davis, Inc. leads on 14 and DoubleVerify Holdings, Inc. on 8.

Valuation

Metric DV ZD Advertising Agencies median
P/E 37.25 3.20 19.90
P/S 2.69 1.43 0.65
P/B 1.89 0.92 1.58
Price to free cash flow 12.86 6.49 8.32
EV/EBITDA 11.81 3.28 11.81
EV/Sales 2.45 0.92 1.11
Earnings yield 2.68% 31.27% (6.44%)
Free cash flow yield 7.78% 15.40% 0.00%

Profitability

Metric DV ZD Advertising Agencies median
Gross margin 82.43% 85.01% 44.25%
Operating margin 12.69% 7.86% 0.00%
Net margin 7.66% 44.75% (6.98%)
Free cash flow margin 20.88% 22.02% 0.00%
Return on equity 5.39% 31.54% 0.00%
Return on assets 4.52% 17.12% 0.00%
Return on invested capital 6.77% 4.71% 0.00%

Growth

Metric DV ZD Advertising Agencies median
Revenue growth (TTM) 7.64% 7.80% 6.06%
EPS growth (last fiscal year) (6.25%) (19.01%) —
Revenue growth, 5-year CAGR 25.13% 4.60% 4.30%
Net income growth, 5-year CAGR 19.88% (20.66%) 0.00%

Health

Metric DV ZD Advertising Agencies median
Debt to equity 0.02 0.39 0.04
Current ratio 4.50 2.16 1.45
Net debt to EBITDA (1.86) 0.59 0.01

Dividend

Metric DV ZD Advertising Agencies median
Dividend yield — — 5.24%
Payout ratio 0.00 0.00 0.00

Size

Metric DV ZD Advertising Agencies median
Market cap 2.07b 1.94b 43.42m

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