Market Cap
US$749.7m
Last Updated
2020/10/19 23:42 UTC
Data Sources
Company Financials +
Executive Summary
Criteo S.A., a technology company, provides an advertising platform for the open Internet in France and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 2% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Criteo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRTO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.7%
CRTO
-4.0%
US Media
-2.4%
US Market
1 Year Return
-35.5%
CRTO
1.5%
US Media
18.2%
US Market
Return vs Industry: CRTO underperformed the US Media industry which returned 4.1% over the past year.
Return vs Market: CRTO underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| CRTO | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -4.0% | -2.4% |
| 30 Day | 0.08% | -2.9% | 4.2% |
| 90 Day | -3.6% | 3.7% | 6.3% |
| 1 Year | -35.5%-35.5% | 3.0%1.5% | 20.9%18.2% |
| 3 Year | -72.9%-72.9% | 20.9%15.9% | 41.2%31.8% |
| 5 Year | -69.4%-69.4% | 46.9%36.3% | 84.8%63.9% |
Price Volatility Vs. Market
How volatile is Criteo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
When Should You Buy Criteo S.A. (NASDAQ:CRTO)?2 weeks ago | Simply Wall St
Is Criteo (NASDAQ:CRTO) Using Too Much Debt?1 month ago | Simply Wall St
A Look At Criteo's (NASDAQ:CRTO) Share Price ReturnsValuation
Is Criteo undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRTO ($12.49) is trading below our estimate of fair value ($29.76)
Significantly Below Fair Value: CRTO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRTO is good value based on its PE Ratio (9.6x) compared to the US Media industry average (16.5x).
PE vs Market: CRTO is good value based on its PE Ratio (9.6x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: CRTO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CRTO is good value based on its PB Ratio (0.8x) compared to the US Media industry average (1.3x).
Next Steps
Future Growth
How is Criteo forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
-2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRTO's earnings are forecast to decline over the next 3 years (-2% per year).
Earnings vs Market: CRTO's earnings are forecast to decline over the next 3 years (-2% per year).
High Growth Earnings: CRTO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CRTO's revenue is expected to decline over the next 3 years (-6.4% per year).
High Growth Revenue: CRTO's revenue is forecast to decline over the next 3 years (-6.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRTO's Return on Equity is forecast to be low in 3 years time (10.2%).
Next Steps
Past Performance
How has Criteo performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRTO has high quality earnings.
Growing Profit Margin: CRTO's current net profit margins (3.9%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: CRTO's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: CRTO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRTO had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Media industry average (-15.7%).
Return on Equity
High ROE: CRTO's Return on Equity (8.2%) is considered low.
Next Steps
Financial Health
How is Criteo's financial position?
Financial Position Analysis
Short Term Liabilities: CRTO's short term assets ($999.4M) exceed its short term liabilities ($643.0M).
Long Term Liabilities: CRTO's short term assets ($999.4M) exceed its long term liabilities ($126.4M).
Debt to Equity History and Analysis
Debt Level: CRTO's debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: CRTO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CRTO's debt is well covered by operating cash flow (120.9%).
Interest Coverage: CRTO's interest payments on its debt are well covered by EBIT (200x coverage).
Balance Sheet
Next Steps
Dividend
What is Criteo current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRTO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRTO'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 CRTO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRTO'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 CRTO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Megan Clarken (53 yo)
0.92
Tenure
US$5,450,635
Compensation
Ms. Megan Clarken is CEO at Criteo S.A. since November 25, 2019 and serves as its Director since August 27, 2020. She served as Chief Commercial Officer for Nielsen Global Media at ACNielsen Corporation si ...
CEO Compensation Analysis
Compensation vs Market: Megan's total compensation ($USD5.45M) is above average for companies of similar size in the US market ($USD2.82M).
Compensation vs Earnings: Insufficient data to compare Megan's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.92yr | US$5.45m | no data | |
| Executive VP | 2.08yrs | US$719.03k | 0.034% $ 255.7k | |
| CFO & Principal Accounting Officer | 0.083yr | no data | no data | |
| Chief Technology Officer | 1.08yrs | no data | no data | |
| VP and Head of Investor & Analyst Relations | no data | no data | no data | |
| Executive Vice President of People | 1.75yrs | no data | no data | |
| Managing Director of Mobile Attribution | no data | no data | no data | |
| Executive VP & GM | 0.17yr | no data | no data | |
| Chief Transformation Officer | 0.75yr | no data | no data | |
| Deputy Managing Director for Advertiser Relations | no data | no data | no data | |
| Deputy Managing Director for Publisher Relations | 5.75yrs | no data | 0.017% $ 128.1k | |
| Managing Director of India | 4.42yrs | no data | no data |
1.1yrs
Average Tenure
50yo
Average Age
Experienced Management: CRTO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.92yr | US$5.45m | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Vice Chairman & Lead Independent Director | 0.25yr | US$322.36k | 0.012% $ 90.6k | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 3.67yrs | US$280.36k | 0.027% $ 199.0k | |
| Independent Director | 8yrs | US$294.36k | 0.090% $ 671.2k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 3.33yrs | US$284.36k | no data | |
| Independent Chairwoman of the Board of Director | 0.25yr | US$346.71k | 0.034% $ 257.3k | |
| Independent Director | 1.5yrs | US$209.68k | 0.010% $ 78.0k |
1.5yrs
Average Tenure
55yo
Average Age
Experienced Board: CRTO's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CRTO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Criteo S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Criteo S.A.
- Ticker: CRTO
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Advertising
- Sector: Media
- Market Cap: US$749.723m
- Shares outstanding: 60.03m
- Website: https://www.criteo.com
Number of Employees
Location
- Criteo S.A.
- 32, rue Blanche
- Paris
- Ile-de-France
- 75009
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CRTO | NasdaqGS (Nasdaq Global Select) | Yes | ADS EACH REPR 1 ORD SPONS EUR0.025 | US | USD | Oct 2013 |
| CI5A | DB (Deutsche Boerse AG) | Yes | ADS EACH REPR 1 ORD SPONS EUR0.025 | DE | EUR | Oct 2013 |
| 0I4T | LSE (London Stock Exchange) | Yes | ADS EACH REPR 1 ORD SPONS EUR0.025 | GB | USD | Oct 2013 |
| CRTO N | BMV (Bolsa Mexicana de Valores) | Yes | ADS EACH REPR 1 ORD SPONS EUR0.025 | MX | MXN | Oct 2013 |
Biography
Criteo S.A., a technology company, provides an advertising platform for the open Internet in France and internationally. The company’s Criteo Shopper Graph, which collects clients' proprietary commerce dat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 23:42 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.