DSP Stock Overview
Viant Technology Inc. operates as an advertising software company.
No risks detected for DSP from our risk checks.
Viant Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.18|
|52 Week High||US$14.13|
|52 Week Low||US$4.09|
|1 Month Change||-10.68%|
|3 Month Change||-24.00%|
|1 Year Change||-69.82%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-91.24%|
Recent News & Updates
|DSP||US Software||US Market|
Return vs Industry: DSP underperformed the US Software industry which returned -35.4% over the past year.
Return vs Market: DSP underperformed the US Market which returned -23% over the past year.
|DSP Average Weekly Movement||6.0%|
|Software Industry Average Movement||9.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: DSP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DSP's weekly volatility (6%) has been stable over the past year.
About the Company
Viant Technology Inc. operates as an advertising software company. It provides Adelphic, an enterprise software platform that enables marketers and their advertising agencies to plan, buy, and measure advertising across channels, including desktop, mobile, connected and linear TV, in-game, streaming audio, and digital billboards. The company also offers Holistic, an omnichannel demand side platform for marketers and their agencies to manage omnichannel campaigns and access metrics from each channel to inform decisions in other channels; Viant Household ID, a household profile, which provides household insights for optimized bid decisions and touchpoint collection across consumer pathways, as well as offers holistic targeting and measurement across channels; World Without Cookies software to manage reach and frequency at the household level; and Viant Identity Graph, which reduces or eliminates the need for cookies by enabling matching of people-based identifiers that anchor digital identifiers that allows marketers to reach targeted consumers in a privacy-conscious manner.
Viant Technology Fundamentals Summary
|DSP fundamental statistics|
Is DSP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DSP income statement (TTM)|
|Cost of Revenue||US$130.69m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.53|
|Net Profit Margin||-3.33%|
How did DSP perform over the long term?See historical performance and comparison
Is DSP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DSP?
Other financial metrics that can be useful for relative valuation.
|What is DSP's n/a Ratio?|
Price to Sales Ratio vs Peers
How does DSP's PS Ratio compare to its peers?
|DSP PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
UPLD Upland Software
MAPS WM Technology
LVOX LiveVox Holdings
DSP Viant Technology
Price-To-Sales vs Peers: DSP is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (3.1x).
Price to Earnings Ratio vs Industry
How does DSP's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: DSP is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Software industry average (4.3x)
Price to Sales Ratio vs Fair Ratio
What is DSP'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.
|Current PS Ratio||0.3x|
|Fair PS Ratio||2.1x|
Price-To-Sales vs Fair Ratio: DSP is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).
Share Price vs Fair Value
What is the Fair Price of DSP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DSP ($4.18) is trading above our estimate of fair value ($0)
Significantly Below Fair Value: DSP is trading above our estimate of fair value.
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.
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How is Viant Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DSP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: DSP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DSP is expected to become profitable in the next 3 years.
Revenue vs Market: DSP's revenue (17% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: DSP's revenue (17% 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 DSP's Return on Equity is forecast to be high in 3 years time
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How has Viant Technology performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSP is currently unprofitable.
Growing Profit Margin: DSP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DSP is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare DSP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DSP is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.3%).
Return on Equity
High ROE: DSP has a negative Return on Equity (-11.95%), as it is currently unprofitable.
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How is Viant Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: DSP's short term assets ($303.6M) exceed its short term liabilities ($70.7M).
Long Term Liabilities: DSP's short term assets ($303.6M) exceed its long term liabilities ($19.0M).
Debt to Equity History and Analysis
Debt Level: DSP is debt free.
Reducing Debt: DSP had no debt 5 years ago.
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: DSP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DSP has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 30.7% each year
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What is Viant Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
|Viant Technology Dividend Yield vs Market|
|Company (Viant Technology)||n/a|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Software)||1.1%|
|Analyst forecast in 3 Years (Viant Technology)||0.01%|
Notable Dividend: Unable to evaluate DSP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DSP'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 DSP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DSP'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 DSP has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Vanderhook (41 yo)
Mr. Tim Vanderhook has been Chief Executive Officer and Director at Viant Technology Holding Inc since October 9, 2020. Mr. Vanderhook co-founded the Viant Technology, Inc., and has been Chairman since Feb...
CEO Compensation Analysis
|Tim Vanderhook's Compensation vs Viant Technology Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$1m||US$700k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$1m||US$700k|
|Sep 30 2020||n/a||n/a|
|Dec 31 2019||US$1m||US$700k|
Compensation vs Market: Tim's total compensation ($USD1.40M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Experienced Management: DSP's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: DSP's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|15 Mar 22||SellUS$131,498||Lawrence Madden||Individual||21,628||US$6.08|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Viant Technology Inc.'s employee growth, exchange listings and data sources
- Name: Viant Technology Inc.
- Ticker: DSP
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$258.739m
- Market Cap: US$59.581m
- Shares outstanding: 61.34m
- Website: https://www.viantinc.com
Number of Employees
- Viant Technology Inc.
- 2722 Michelson Drive
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DSP||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Feb 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 00:00|
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.