Doubleverify Holdings Stock Fair Value Calculation – DoubleVerify Holdings Delivers Impressive Q2 Results, Beating Estimates by $7 Million
May 11, 2023
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DOUBLEVERIFY ($NYSE:DV): The company reported a GAAP earnings per share of $0.07, which was $0.03 higher than expected, and its revenue of $122.6M exceeded the forecasted amount by $4.47M. DoubleVerify is a leading provider of digital verification and analytics solutions for brands and media companies. By leveraging data, technology and expertise, it enables advertisers to achieve brand safety, viewability and performance objectives across digital advertising channels.
DoubleVerify is trusted and recognized by the world’s leading marketers and advertising platforms to perform real-time verification and analysis of digital ad campaigns. These solutions help partners to identify and address fraudulent activity, improve campaign performance and maximize the reach of their digital advertising efforts.
Stock Price
The stock opened at $27.5 and closed at $27.9, up 3.1% from the prior closing price of 27.0. Moreover, the company’s strong cash position provides a cushion of security as it looks to continue its growth trajectory. Overall, DoubleVerify’s results speak for themselves and should provide investors with the confidence that the company is on the right track for long-term success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Doubleverify Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 452.42 | 43.27 | 9.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Doubleverify Holdings. More…
| Operations | Investing | Financing |
| 94.86 | -39.98 | -7.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Doubleverify Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.04k | 160.17 | 5.3 |
Key Ratios Snapshot
Some of the financial key ratios for Doubleverify Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 35.3% | 14.7% | 13.3% |
| FCF Margin | ROE | ROA |
| 12.1% | 4.4% | 3.6% |
Analysis – Doubleverify Holdings Stock Fair Value Calculation
At GoodWhale, we believe it’s important to analyze a company’s fundamentals before investing. That’s why we’ve put together a comprehensive analysis of DOUBLEVERIFY HOLDINGS and its financial performance. According to our proprietary Valuation Line, the intrinsic value of DOUBLEVERIFY HOLDINGS share is around $34.7. The current trading price of DOUBLEVERIFY HOLDINGS is $27.9, indicating that it is undervalued by 19.7%. This could be an excellent opportunity for investors looking to capitalize on an undervalued investment. We believe that investors should take advantage of this opportunity to buy into DOUBLEVERIFY HOLDINGS and reap the potential rewards of long-term growth. More…
Peers
The competition in the digital advertising verification industry is heating up with DoubleVerify Holdings Inc taking on established players such as X-Factor Communications Holdings Inc, Fabasoft AG, and Marin Software Inc. All these companies are vying for a share of the rapidly growing market with each offering its own unique solution to the problem of ad fraud. While DoubleVerify has been able to gain a foothold in the industry, it remains to be seen if it can maintain its momentum in the face of stiff competition.
– X-Factor Communications Holdings Inc ($OTCPK:XFCH)
X-Factor Communications Holdings Inc is a publicly traded company with a market capitalization of 948.25k as of 2022. The company’s return on equity, a measure of profitability, was 101.44% for the same year. X-Factor Communications Holdings Inc is engaged in the provision of telecommunications services.
– Fabasoft AG ($LTS:0IWU)
Fabasoft AG is a software company that develops and sells software for businesses and organizations. The company has a market cap of 202.84 million as of 2022 and a return on equity of 25.9%. The company’s products are used by businesses and organizations around the world to manage their documents, files, and other information.
– Marin Software Inc ($NASDAQ:MRIN)
Marin Software is a provider of cross-channel, enterprise marketing software for digital marketers. The company’s software enables advertisers and agencies to measure, manage, and optimize online marketing campaigns. Marin’s technology platform powers marketing campaigns across display, search, social, and mobile platforms. The company’s software is used by some of the world’s largest brands, including Allstate, Microsoft, and Oracle.
Summary
DoubleVerify Holdings is a leading provider of digital media measurement and analytics. Its recent financial report reveals that their GAAP EPS of $0.07 beat estimates by $0.03 while revenue of $122.6M beat by $4.47M. This has had a positive impact on the stock price, which moved up the same day. As an investor, it is important to consider the key metrics behind such results, such as the growth of revenue year over year, gross profit margin, and operating margin.
Additionally, the liquidity and debt ratios should be closely monitored due to their impact on the company’s performance and share price. Lastly, it is also important to compare DoubleVerify’s performance to its peers in the industry to judge its relative strength. All of these factors must be taken into consideration when assessing the investment potential of DoubleVerify Holdings.
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