TSX:AT

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AcuityAds Holdings

Executive Summary

AcuityAds Holdings Inc., a technology company, provides digital media solutions. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has AcuityAds Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: AT's weekly volatility (12%) has been stable over the past year.


Market Performance


7 Day Return

22.8%

AT

8.1%

CA Interactive Media and Services

2.5%

CA Market


1 Year Return

502.4%

AT

106.9%

CA Interactive Media and Services

-0.5%

CA Market

Return vs Industry: AT exceeded the Canadian Interactive Media and Services industry which returned 106.9% over the past year.

Return vs Market: AT exceeded the Canadian Market which returned -0.5% over the past year.


Shareholder returns

ATIndustryMarket
7 Day22.8%8.1%2.5%
30 Day62.3%11.9%9.3%
90 Day206.1%38.5%5.6%
1 Year502.4%502.4%108.1%106.9%3.1%-0.5%
3 Year430.3%430.3%34.0%30.6%12.8%1.9%
5 Year727.5%727.5%8.3%2.3%47.5%24.9%

Long-Term Price Volatility Vs. Market

How volatile is AcuityAds Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AcuityAds Holdings undervalued compared to its fair value and its price relative to the market?

240.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AT (CA$7.53) is trading above our estimate of fair value (CA$2.83)

Significantly Below Fair Value: AT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AT is poor value based on its PE Ratio (240.1x) compared to the CA Interactive Media and Services industry average (9.9x).

PE vs Market: AT is poor value based on its PE Ratio (240.1x) compared to the Canadian market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: AT is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: AT is overvalued based on its PB Ratio (25.2x) compared to the CA Interactive Media and Services industry average (8.7x).


Next Steps

Future Growth

How is AcuityAds Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

80.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AT's forecast earnings growth (80% per year) is above the savings rate (1.7%).

Earnings vs Market: AT's earnings (80% per year) are forecast to grow faster than the Canadian market (27.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AT's revenue (16.9% per year) is forecast to grow faster than the Canadian market (6.1% per year).

High Growth Revenue: AT's revenue (16.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has AcuityAds Holdings performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AT has high quality earnings.

Growing Profit Margin: AT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AT has become profitable over the past 5 years, growing earnings by -11.4% per year.

Accelerating Growth: AT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (8.8%).


Return on Equity

High ROE: AT's Return on Equity (10.1%) is considered low.


Next Steps

Financial Health

How is AcuityAds Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AT's short term assets (CA$35.8M) exceed its short term liabilities (CA$29.4M).

Long Term Liabilities: AT's short term assets (CA$35.8M) exceed its long term liabilities (CA$9.5M).


Debt to Equity History and Analysis

Debt Level: AT's debt to equity ratio (81.7%) is considered high.

Reducing Debt: AT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: AT's debt is well covered by operating cash flow (176%).

Interest Coverage: AT's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Next Steps

Dividend

What is AcuityAds Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Tal Hayek (48 yo)

11.08yrs

Tenure

CA$180,000

Compensation

Mr. Tal Hayek co-founded AcuityAds Holdings Inc., (formerly, AcuityAds Inc.) in 2009 and has been its Chief Executive Officer since October 2009. In 2004, Mr. Hayek founded Incentaclick, an affiliate marke...


CEO Compensation Analysis

Compensation vs Market: Tal's total compensation ($USD138.43K) is below average for companies of similar size in the Canadian market ($USD649.66K).

Compensation vs Earnings: Tal's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Tal Hayek
Co-Founder11.08yrsCA$180.00k7.43%
CA$ 26.0m
Nathan Mekuz
Co-Founder & VP of Artificial Intelligenceno dataCA$180.00k6.67%
CA$ 23.4m
Rachel Kapcan
Co-Founder & VP of Client Operations11.83yrsCA$180.00k6.37%
CA$ 22.3m
Joe Ontman
Co-Founder11.08yrsCA$180.00k6.45%
CA$ 22.6m
Jonathan Pollack
Chief Financial Officer2.5yrsCA$180.00k1.29%
CA$ 4.5m
Oren Hisherik
Chief Technology Officer1yrno datano data
Seraj Bharwani
Chief Strategy Officer3.5yrsno datano data
Sophie Denault
Head of Sales for Eastern Canada1.42yrsno datano data
Nick Greto
Chief Revenue Officer & GM of US1yrno datano data

3.0yrs

Average Tenure

48yo

Average Age

Experienced Management: AT's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tal Hayek
Co-Founder11.08yrsCA$180.00k7.43%
CA$ 26.0m
Joe Ontman
Co-Founder11.08yrsCA$180.00k6.45%
CA$ 22.6m
Sheldon Pollack
Independent Chairman of the Board7.83yrsCA$33.86k2.32%
CA$ 8.1m
Igal Mayer
Independent Director6.33yrsCA$29.63k0.28%
CA$ 976.1k
Roger Dent
Independent Director6.33yrsCA$29.63k0.67%
CA$ 2.3m
Yishay Waxman
Independent Director6.33yrsCA$25.40k0.079%
CA$ 275.6k
Corey Ferengul
Independent Director1.5yrsCA$48.15k0.0034%
CA$ 11.8k

6.3yrs

Average Tenure

48yo

Average Age

Experienced Board: AT's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AT insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.


Top Shareholders

Company Information

AcuityAds Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AcuityAds Holdings Inc.
  • Ticker: AT
  • Exchange: TSX
  • Founded:
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$350.264m
  • Shares outstanding: 50.84m
  • Website: https://www.acuityads.com

Number of Employees


Location

  • AcuityAds Holdings Inc.
  • Bay Wellington Tower
  • Suite 320
  • Toronto
  • Ontario
  • M5J 2T3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATTSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2014
ACUI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2014
K3SDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2014

Biography

AcuityAds Holdings Inc., a technology company, provides digital media solutions. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across online ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 00:16
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.