Emerald Holding's (NYSE:EEX) Returns On Capital Not Reflecting Well On The Business
Sep 29
U.S. Advertising Industry Analysis
UpdatedOct 02, 2023
DataAggregated Company Financials
Companies90
- 7D1.1%
- 3M-12.8%
- 1Y14.5%
- YTD17.7%
In the last week, the Advertising industry is up 1.7%, with Trade Desk up 4.3%. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the U.S. Advertising Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | US$80.2b | US$42.6b | US$417.4m | 19.5x | 192.2x | 1.9x |
| Thu, 31 Aug 2023 | US$84.9b | US$41.6b | US$386.0m | 19.7x | 220x | 2x |
| Sat, 29 Jul 2023 | US$89.5b | US$41.2b | -US$137,528,388.00 | 15.4x | -650.7x | 2.2x |
| Mon, 26 Jun 2023 | US$88.8b | US$41.2b | -US$192,265,369.00 | 15.4x | -461.8x | 2.2x |
| Wed, 24 May 2023 | US$83.0b | US$41.2b | -US$193,492,106.00 | 16.4x | -429.2x | 2x |
| Fri, 21 Apr 2023 | US$80.1b | US$42.6b | US$202.5m | 17.8x | 395.8x | 1.9x |
| Sun, 19 Mar 2023 | US$75.3b | US$42.6b | US$107.9m | 16.6x | 698.1x | 1.8x |
| Tue, 14 Feb 2023 | US$74.7b | US$40.7b | US$2.0b | 16.5x | 38.3x | 1.8x |
| Thu, 12 Jan 2023 | US$70.5b | US$40.4b | US$2.1b | 14x | 33.7x | 1.7x |
| Sat, 10 Dec 2022 | US$66.7b | US$40.3b | US$2.1b | 13.6x | 31.7x | 1.7x |
| Mon, 07 Nov 2022 | US$64.1b | US$39.6b | US$2.1b | 15.4x | 30.1x | 1.6x |
| Wed, 05 Oct 2022 | US$71.6b | US$39.5b | US$2.0b | 11.3x | 35x | 1.8x |
| Fri, 02 Sep 2022 | US$41.5b | US$38.0b | US$2.0b | 12.6x | 20.2x | 1.1x |
| Sun, 31 Jul 2022 | US$43.1b | US$37.9b | US$2.1b | 11.8x | 20.3x | 1.1x |
| Tue, 28 Jun 2022 | US$41.4b | US$37.8b | US$2.2b | 12.3x | 19.2x | 1.1x |
| Thu, 26 May 2022 | US$44.9b | US$37.8b | US$2.2b | 11.9x | 20.4x | 1.2x |
| Sat, 23 Apr 2022 | US$49.6b | US$36.8b | US$2.1b | 23.9x | 23.2x | 1.3x |
| Mon, 21 Mar 2022 | US$53.9b | US$36.6b | US$2.3b | 13.7x | 23.5x | 1.5x |
| Wed, 16 Feb 2022 | US$57.6b | US$35.9b | US$2.0b | 20.2x | 29.5x | 1.6x |
| Fri, 14 Jan 2022 | US$57.1b | US$36.0b | US$1.7b | 15.2x | 33.8x | 1.6x |
| Sun, 12 Dec 2021 | US$57.5b | US$35.9b | US$1.7b | 16.9x | 34.1x | 1.6x |
| Tue, 09 Nov 2021 | US$59.3b | US$34.8b | US$1.6b | 21.8x | 36.1x | 1.7x |
| Thu, 07 Oct 2021 | US$55.7b | US$32.4b | US$1.9b | 18.2x | 29.4x | 1.7x |
| Sat, 04 Sep 2021 | US$56.8b | US$32.5b | US$1.9b | 17.7x | 29.8x | 1.7x |
| Mon, 02 Aug 2021 | US$55.3b | US$32.5b | US$1.9b | 17.2x | 29x | 1.7x |
| Thu, 06 May 2021 | US$57.6b | US$30.4b | US$1.2b | 21.1x | 48.9x | 1.9x |
| Sun, 07 Feb 2021 | US$45.1b | US$30.3b | US$368.0m | 19.3x | 122.5x | 1.5x |
| Sat, 31 Oct 2020 | US$28.5b | US$29.6b | US$584.5m | 18.6x | 48.8x | 1x |
Price to Earnings Ratio
43.4x
Current Industry PE
- Investors are optimistic on the American Advertising industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 192x which is higher than its 3-year average PE of 90.2x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Advertising industry have declined 10% per year over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Advertising compare with similar industries?
| US Market | -1.09% | |
| Telecom | 1.17% | |
| Media | -0.17% | |
| Advertising | 1.14% | |
| Publishing | 0.79% | |
| Cable and Satellite | -0.56% | |
| Broadcasting | -0.61% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TTD Trade Desk | US$78.31 | 4.3% +US$1.6b | 28.1% | PE296.8x | |
| TTGT TechTarget | US$30.30 | 12.1% +US$91.3m | -51.8% | PE32x | |
| CRTO Criteo | US$29.10 | 4.3% +US$67.5m | 11.1% | PE222.7x | |
| EEX Emerald Holding | US$4.76 | 24.9% +US$59.7m | 40.8% | PE21.8x | |
| PERI Perion Network | US$31.15 | 3.4% +US$48.5m | 54.3% | PE13.4x |
