Financials Ziff Davis, Inc.

Equities

ZD

US48123V1026

Internet Services

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
51.21 USD +0.25% Intraday chart for Ziff Davis, Inc. -0.76% -23.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,567 4,454 5,346 3,733 3,090 2,362 - -
Enterprise Value (EV) 1 4,567 5,790 5,512 4,021 3,353 2,366 2,162 1,833
P/E ratio 21.3 x 30.7 x 10.7 x 58.2 x 75.5 x 13.4 x 11.6 x 10.2 x
Yield 0.96% - - - - - - -
Capitalization / Revenue 3.33 x 2.99 x 3.86 x 2.68 x 2.27 x 1.65 x 1.56 x 1.47 x
EV / Revenue 3.33 x 3.89 x 3.99 x 2.89 x 2.46 x 1.65 x 1.43 x 1.14 x
EV / EBITDA 8.3 x 9.4 x 11.1 x 7.93 x 6.95 x 4.64 x 3.98 x 3.13 x
EV / FCF 13.4 x 14.9 x 13.7 x 17.5 x 15.9 x 9.5 x 7.9 x 6.19 x
FCF Yield 7.49% 6.69% 7.29% 5.73% 6.3% 10.5% 12.7% 16.1%
Price to Book - 3.58 x 2.68 x 2.18 x 1.65 x 1.13 x 1.03 x -
Nbr of stocks (in thousands) 48,730 45,592 48,221 47,192 45,985 46,129 - -
Reference price 2 93.71 97.69 110.9 79.10 67.19 51.21 51.21 51.21
Announcement Date 2/10/20 2/11/21 2/15/22 2/15/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,372 1,490 1,383 1,391 1,364 1,435 1,514 1,608
EBITDA 1 550.2 615.7 498.7 507.2 482.3 509.4 543 585.5
EBIT 1 500.6 555.3 434.8 431.8 390.9 429.5 449.9 476.8
Operating Margin 36.49% 37.28% 31.44% 31.04% 28.66% 29.93% 29.71% 29.65%
Earnings before Tax (EBT) 1 199.6 230.4 335.8 131.2 74.97 227.6 259.9 277.8
Net income 1 218.8 150.7 495.1 63.76 41.5 159 234.5 230
Net margin 15.95% 10.11% 35.79% 4.58% 3.04% 11.08% 15.48% 14.3%
EPS 2 4.390 3.180 10.33 1.360 0.8900 3.821 4.432 5.000
Free Cash Flow 1 342 387.5 401.8 230.3 211.2 249.1 273.6 296
FCF margin 24.92% 26.02% 29.05% 16.56% 15.49% 17.36% 18.07% 18.4%
FCF Conversion (EBITDA) 62.15% 62.95% 80.58% 45.4% 43.8% 48.9% 50.39% 50.56%
FCF Conversion (Net income) 156.28% 257.21% 81.16% 361.2% 508.96% 156.7% 116.69% 128.7%
Dividend per Share 2 0.9000 - - - - - - -
Announcement Date 2/10/20 2/11/21 2/15/22 2/15/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 444.3 408.6 315.1 337.4 341.9 396.7 307.1 326 341 389.9 313 341.9 358.6 421.2 325.6
EBITDA 1 175.1 161.6 100.8 118 120.1 168.3 94.33 106.7 113.7 167.6 96.45 112.4 121.2 179.4 102.4
EBIT 1 157.3 144.9 83.22 100.1 100.8 147.6 73.22 83.74 91.02 142.9 76.71 93.61 100.3 158.8 76.35
Operating Margin 35.41% 35.46% 26.41% 29.66% 29.49% 37.22% 23.84% 25.69% 26.69% 36.66% 24.51% 27.38% 27.98% 37.69% 23.45%
Earnings before Tax (EBT) 1 53.34 355.9 30.4 -30.28 39.48 91.56 0.939 23.71 -25.73 76.05 26.99 40.03 57.54 105.9 42.7
Net income 1 42.57 358.9 24.54 -46.44 18.18 67.47 -7.627 16.68 -30.97 63.42 33.5 49.45 61.45 100.4 42
Net margin 9.58% 87.83% 7.79% -13.76% 5.32% 17.01% -2.48% 5.12% -9.08% 16.27% 10.7% 14.46% 17.14% 23.83% 12.9%
EPS 2 0.8800 7.390 0.5100 -0.9900 0.3900 1.340 -0.1600 0.3600 -0.6700 1.290 0.4537 0.7586 0.9426 1.856 0.8300
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/15/22 5/10/22 8/9/22 11/8/22 2/15/23 5/9/23 8/3/23 11/8/23 2/21/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 1,336 167 288 264 3.64 - -
Net Cash position 1 - - - - - - 201 529
Leverage (Debt/EBITDA) - 2.17 x 0.334 x 0.5675 x 0.5467 x 0.007146 x - -
Free Cash Flow 1 342 388 402 230 211 249 274 296
ROE (net income / shareholders' equity) 18.6% 11.9% - 16.2% 15.2% 11.6% 11.4% 7.89%
ROA (Net income/ Total Assets) - 4.2% - 8.56% 8.21% 8.5% 8.73% -
Assets 1 - 3,586 - 744.8 505.8 1,870 2,686 -
Book Value Per Share 2 - 27.30 41.30 36.30 40.70 45.20 49.50 -
Cash Flow per Share - - - - - - - -
Capex 1 70.6 92.6 114 106 109 112 114 120
Capex / Sales 5.14% 6.21% 8.22% 7.63% 7.97% 7.8% 7.53% 7.46%
Announcement Date 2/10/20 2/11/21 2/15/22 2/15/23 2/21/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
51.21 USD
Average target price
80.28 USD
Spread / Average Target
+56.76%
Consensus
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  4. Financials Ziff Davis, Inc.