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IAS

Integral Ad Science Holding NasdaqGS:IAS Stock Report

Last Price

US$7.36

Market Cap

US$1.1b

7D

2.4%

1Y

-64.4%

Updated

03 Oct, 2022

Data

Company Financials +
IAS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

IAS Stock Overview

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil.

Integral Ad Science Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Integral Ad Science Holding
Historical stock prices
Current Share PriceUS$7.36
52 Week HighUS$29.68
52 Week LowUS$7.00
Beta0
1 Month Change-4.17%
3 Month Change-26.33%
1 Year Change-64.41%
3 Year Changen/a
5 Year Changen/a
Change since IPO-64.24%

Recent News & Updates

Sep 04
Returns Are Gaining Momentum At Integral Ad Science Holding (NASDAQ:IAS)

Returns Are Gaining Momentum At Integral Ad Science Holding (NASDAQ:IAS)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

IASUS MediaUS Market
7D2.4%1.4%1.0%
1Y-64.4%-44.3%-20.0%

Return vs Industry: IAS underperformed the US Media industry which returned -46.8% over the past year.

Return vs Market: IAS underperformed the US Market which returned -23.2% over the past year.

Price Volatility

Is IAS's price volatile compared to industry and market?
IAS volatility
IAS Average Weekly Movement7.8%
Media Industry Average Movement7.4%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: IAS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IAS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009760Lisa Utzschneiderhttps://integralads.com

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil. The company provides IAS Signal, a cloud-based technology platform that offers actionable insights; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video. Its digital media quality solutions offer ad fraud detection and prevention, viewability, brand safety and suitability, contextual targeting, inventory yield management, and reporting.

Integral Ad Science Holding Fundamentals Summary

How do Integral Ad Science Holding's earnings and revenue compare to its market cap?
IAS fundamental statistics
Market CapUS$1.15b
Earnings (TTM)-US$11.48m
Revenue (TTM)US$371.06m

3.1x

P/S Ratio

-99.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IAS income statement (TTM)
RevenueUS$371.06m
Cost of RevenueUS$64.92m
Gross ProfitUS$306.14m
Other ExpensesUS$317.62m
Earnings-US$11.48m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.074
Gross Margin82.50%
Net Profit Margin-3.10%
Debt/Equity Ratio29.7%

How did IAS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

IAS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.6x
Enterprise Value/EBITDA20.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does IAS's PS Ratio compare to its peers?

IAS PS Ratio vs Peers
The above table shows the PS ratio for IAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.9x
MGNI Magnite
1.6x13.4%US$898.7m
PUBM PubMatic
3.7x18.7%US$917.2m
PERI Perion Network
1.6x15.6%US$901.7m
THRY Thryv Holdings
0.7x-12.6%US$808.3m
IAS Integral Ad Science Holding
3.1x17.5%US$1.1b

Price-To-Sales vs Peers: IAS is expensive based on its Price-To-Sales Ratio (3.1x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does IAS's PE Ratio compare vs other companies in the US Media Industry?

Price-To-Sales vs Industry: IAS is expensive based on its Price-To-Sales Ratio (3.1x) compared to the US Media industry average (1x)


Price to Sales Ratio vs Fair Ratio

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

IAS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: IAS is expensive based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (3x).


Share Price vs Fair Value

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

Below Fair Value: IAS ($7.36) is trading below our estimate of fair value ($48.55)

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


Analyst Price Targets

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

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.


Discover undervalued companies

Future Growth

How is Integral Ad Science Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


64.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IAS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: IAS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IAS is expected to become profitable in the next 3 years.

Revenue vs Market: IAS's revenue (17.5% per year) is forecast to grow faster than the US market (7.7% per year).

High Growth Revenue: IAS's revenue (17.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IAS's Return on Equity is forecast to be low in 3 years time (5.4%).


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Past Performance

How has Integral Ad Science Holding performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


70.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: IAS is currently unprofitable.

Growing Profit Margin: IAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if IAS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare IAS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IAS is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (7.8%).


Return on Equity

High ROE: IAS has a negative Return on Equity (-1.46%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Integral Ad Science Holding's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: IAS's short term assets ($183.6M) exceed its short term liabilities ($49.2M).

Long Term Liabilities: IAS's short term assets ($183.6M) do not cover its long term liabilities ($308.3M).


Debt to Equity History and Analysis

Debt Level: IAS's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if IAS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable IAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: IAS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.5% per year.


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Dividend

What is Integral Ad Science Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Integral Ad Science Holding Dividend Yield vs Market
How does Integral Ad Science Holding dividend yield compare to the market?
SegmentDividend Yield
Company (Integral Ad Science Holding)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (Media)3.3%
Analyst forecast in 3 Years (Integral Ad Science Holding)n/a

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

High Dividend: Unable to evaluate IAS'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 IAS's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IAS has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.7yrs

Average management tenure


CEO

Lisa Utzschneider (53 yo)

3.75yrs

Tenure

US$35,782,332

Compensation

Ms. Lisa Utzschneider is the Chief Executive Officer and Director at Integral Ad Science Holding LLC since January 7, 2019. She has been a Director of The Advertising Council, Inc. since April 17, 2015. Ms...


CEO Compensation Analysis

Lisa Utzschneider's Compensation vs Integral Ad Science Holding Earnings
How has Lisa Utzschneider's remuneration changed compared to Integral Ad Science Holding's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-US$11m

Mar 31 2022n/an/a

-US$49m

Dec 31 2021US$36mUS$500k

-US$52m

Sep 30 2021n/an/a

-US$45m

Jun 30 2021n/an/a

-US$39m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$758kUS$492k

-US$32m

Compensation vs Market: Lisa's total compensation ($USD35.78M) is above average for companies of similar size in the US market ($USD4.14M).

Compensation vs Earnings: Lisa's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: IAS's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: IAS's board of directors are considered experienced (4.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: IAS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqGS:IAS Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
14 Sep 22SellUS$7,158Anil SukumaranIndividual885US$8.09
06 Sep 22SellUS$24,002Anil SukumaranIndividual3,089US$7.77

Ownership Breakdown

What is the ownership structure of IAS?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders152,4550.1%
General Public5,385,5103.5%
Institutions33,109,53921.3%
VC/PE Firms117,102,77275.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 94.64% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
60.6%
Vista Equity Partners Management, LLC
94,380,001$694.6m0%11.06%
14.59%
Accomplice Management LLC
22,722,771$167.2m0%46.5%
3.24%
Sapphire Ventures, LLC
5,043,017$37.1m-12%7.97%
1.72%
The Vanguard Group, Inc.
2,681,858$19.7m30.49%no data
1.56%
Indaba Capital Management, L.P.
2,427,802$17.9m25.97%3.29%
1.5%
Wellington Management Group LLP
2,329,564$17.1m-26.1%no data
1.48%
Schonfeld Strategic Advisors LLC
2,302,700$16.9m28.99%0.18%
1.46%
TimesSquare Capital Management, LLC
2,279,459$16.8m0.19%0.21%
1.24%
BlackRock, Inc.
1,927,199$14.2m20.18%no data
0.97%
Southpoint Capital Advisors LP
1,515,600$11.2m0%0.28%
0.92%
Lord, Abbett & Co. LLC
1,432,981$10.5m3.5%0.04%
0.87%
T. Rowe Price Group, Inc.
1,356,468$10.0m3.46%no data
0.82%
ClearBridge Investments, LLC
1,284,127$9.5m25.89%0.01%
0.66%
Frontier Capital Management Co LLC
1,029,524$7.6m-2.23%0.08%
0.43%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
667,382$4.9m88.26%no data
0.39%
Columbia Management Investment Advisers, LLC
607,150$4.5m0%no data
0.37%
Geode Capital Management, LLC
581,882$4.3m8.88%no data
0.33%
State Street Global Advisors, Inc.
507,141$3.7m40.57%no data
0.3%
Citadel Advisors LLC
465,800$3.4m88.27%0.01%
0.26%
D. E. Shaw & Co., L.P.
398,943$2.9m7.11%0.01%
0.24%
Ensign Peak Advisors Inc.
377,840$2.8m0%0.01%
0.2%
HarbourVest Partners, LLC
305,298$2.2m0%0.6%
0.18%
Northern Trust Global Investments
278,019$2.0m13.97%no data
0.17%
Goldman Sachs Group, Investment Banking and Securities Investments
268,569$2.0m203.64%no data
0.15%
Stony Point Capital LLC
228,222$1.7m-67.64%0.59%

Company Information

Integral Ad Science Holding Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Integral Ad Science Holding Corp.
  • Ticker: IAS
  • Exchange: NasdaqGS
  • Founded: 2009
  • Industry: Advertising
  • Sector: Media
  • Implied Market Cap: US$1.146b
  • Shares outstanding: 155.75m
  • Website: https://integralads.com

Number of Employees


Location

  • Integral Ad Science Holding Corp.
  • 95 Morton Street
  • 8th Floor
  • New York
  • New York
  • 10014
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IASNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.