The Trade Desk, Inc.

BIT:1TTD Stock Report

Market Cap: €24.2b

Trade Desk Valuation

Is 1TTD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1TTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€94.20
Fair Value
47.5% undervalued intrinsic discount
35
Number of Analysts

Below Fair Value: 1TTD (€49.47) is trading below our estimate of fair value (€94.2)

Significantly Below Fair Value: 1TTD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1TTD?

Key metric: As 1TTD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1TTD. This is calculated by dividing 1TTD's market cap by their current earnings.
What is 1TTD's PE Ratio?
PE Ratio70.6x
EarningsUS$393.08m
Market CapUS$27.35b

Price to Earnings Ratio vs Peers

How does 1TTD's PE Ratio compare to its peers?

The above table shows the PE ratio for 1TTD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28x
FM Fiera Milano
19.4x18.3%€374.2m
BF BolognaFiere
71.5xn/a€243.3m
IEG Italian Exhibition Group
7.4x3.1%€238.3m
PUB Publicis Groupe
13.7x3.3%€22.8b
1TTD Trade Desk
70.6x21.5%€27.3b

Price-To-Earnings vs Peers: 1TTD is expensive based on its Price-To-Earnings Ratio (70.6x) compared to the peer average (28x).

Price to Earnings Ratio vs Industry

How does 1TTD's PE Ratio compare vs other companies in the European Media Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1TTD 70.6xIndustry Avg. 14.8xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1TTD is expensive based on its Price-To-Earnings Ratio (70.6x) compared to the European Media industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is 1TTD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1TTD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio70.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1TTD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1TTD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€49.47
€74.19
+50.0%
28.3%€128.18€34.48n/a35
May ’26€46.84
€75.91
+62.1%
30.5%€132.30€34.40n/a35
Apr ’26n/a
€99.96
0%
22.5%€139.04€45.42n/a31
Mar ’26n/a
€108.11
0%
21.0%€149.45€54.00n/a32
Feb ’26n/a
€129.95
0%
19.2%€153.60€54.72n/a33
Jan ’26n/a
€125.95
0%
21.0%€153.90€38.48n/a32
Dec ’25n/a
€121.88
0%
20.7%€142.92€38.11n/a32
Nov ’25n/a
€107.65
0%
21.7%€137.91€36.78n/a32
Oct ’25n/a
€98.05
0%
20.0%€121.96€36.14n/a30
Sep ’25n/a
€95.83
0%
20.4%€120.95€34.94n/a28
Aug ’25n/a
€93.95
0%
19.5%€111.20€36.14n/a29
Jul ’25n/a
€92.57
0%
19.4%€107.16€34.48n/a29
Jun ’25n/a
€90.73
0%
20.3%€105.81€32.20n/a27
May ’25n/a
€87.26
0%
20.9%€105.93€32.24€46.8427
Apr ’25n/a
€87.13
0%
20.6%€105.16€32.00n/a28
Mar ’25n/a
€87.43
0%
21.3%€106.12€27.68n/a28
Feb ’25n/a
€71.62
0%
20.8%€91.90€27.57n/a29
Jan ’25n/a
€68.72
0%
21.9%€90.58€27.17n/a28
Dec ’24n/a
€67.41
0%
24.4%€91.64€27.49n/a28
Nov ’24n/a
€81.18
0%
24.7%€98.47€26.26n/a28
Oct ’24n/a
€81.66
0%
25.2%€99.41€26.51n/a27
Sep ’24n/a
€79.01
0%
25.6%€96.78€25.81n/a26
Aug ’24n/a
€71.04
0%
26.9%€95.25€25.40n/a25
Jul ’24n/a
€66.41
0%
21.9%€81.93€25.49n/a22
Jun ’24n/a
€66.62
0%
21.9%€83.65€24.16n/a22
May ’24n/a
€61.52
0%
22.4%€82.34€23.79n/a21
AnalystConsensusTarget
Consensus Narrative from 35 Analysts
€73.53
Fair Value
32.7% undervalued intrinsic discount
35
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 12:33
End of Day Share Price 2025/05/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Trade Desk, Inc. is covered by 66 analysts. 41 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rocco StraussArete Research Services LLP
Richard KramerArete Research Services LLP
Vikram KesavabhotlaBaird