Doubleverify Holdings Stock Piotroski F Score

DV Stock  USD 42.29  0.68  1.63%   
This module uses fundamental data of DoubleVerify Holdings to approximate its Piotroski F score. DoubleVerify Holdings F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of DoubleVerify Holdings. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about DoubleVerify Holdings financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out DoubleVerify Holdings Altman Z Score, DoubleVerify Holdings Correlation, DoubleVerify Holdings Valuation, as well as analyze DoubleVerify Holdings Alpha and Beta and DoubleVerify Holdings Hype Analysis.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.
  
At this time, DoubleVerify Holdings' Debt Current is fairly stable as compared to the past year. Debt to Equity Ratio is likely to climb to 0.19 in 2024, whereas Total Debt is likely to drop slightly above 60 M in 2024. At this time, DoubleVerify Holdings' Asset Turnover is fairly stable as compared to the past year. Debt to Equity Ratio is likely to climb to 0.19 in 2024, whereas Operating Margin is likely to drop (1.23) in 2024.
At this time, it appears that DoubleVerify Holdings' Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

DoubleVerify Holdings Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to DoubleVerify Holdings is to make sure DoubleVerify is not a subject of accounting manipulations and runs a healthy internal audit department. So, if DoubleVerify Holdings' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if DoubleVerify Holdings' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted191.2 M196.4 M
Fairly Down
Slightly volatile
Weighted Shares183.7 M188.5 M
Fairly Down
Slightly volatile
Return on Assets0.04990.0494
Fairly Up
Slightly volatile
Net Cash Flow from Operations117.7 M109.1 M
Significantly Up
Slightly volatile
Current Liabilities69.5 M79.2 M
Fairly Down
Slightly volatile
Total Liabilities168.8 M184.2 M
Significantly Down
Very volatile
Gross Margin0.750.75
Steady
Slightly volatile
Total Debt60 M75.4 M
Significantly Down
Slightly volatile
Asset Turnover0.420.41
Fairly Up
Slightly volatile
Current Assets419.9 M511.9 M
Significantly Down
Slightly volatile
Total AssetsB1.2 B
Fairly Down
Slightly volatile

DoubleVerify Holdings F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between DoubleVerify Holdings' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards DoubleVerify Holdings in a much-optimized way.

About DoubleVerify Holdings Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Operating Margin

(1.23)

At this time, DoubleVerify Holdings' Operating Margin is fairly stable as compared to the past year.

DoubleVerify Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of DoubleVerify Holdings from analyzing DoubleVerify Holdings' financial statements. These drivers represent accounts that assess DoubleVerify Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of DoubleVerify Holdings' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Earnings Before Interest Taxes and Depreciation Amortization EBITDA62.4M46.8M57.3M101.9M117.2M95.5M
Earnings Before Interest Taxes and Depreciation Amortization USD62.4M46.8M57.3M101.9M117.2M95.5M
Earnings before Tax35.4M17.3M25.8M59.4M68.3M73.7M
Free Cash Flow23.5M11.5M73.4M54.9M63.1M53.3M

About DoubleVerify Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DoubleVerify Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DoubleVerify Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DoubleVerify Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analytics in the United States and internationally. The company was founded in 2008 and is headquartered in New York, New York. Doubleverify Holdings operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 800 people.

DoubleVerify Holdings Investors Sentiment

The influence of DoubleVerify Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DoubleVerify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to DoubleVerify Holdings' public news can be used to forecast risks associated with an investment in DoubleVerify. The trend in average sentiment can be used to explain how an investor holding DoubleVerify can time the market purely based on public headlines and social activities around DoubleVerify Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
DoubleVerify Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DoubleVerify Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DoubleVerify Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on DoubleVerify Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DoubleVerify Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DoubleVerify Holdings' short interest history, or implied volatility extrapolated from DoubleVerify Holdings options trading.

Pair Trading with DoubleVerify Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DoubleVerify Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DoubleVerify Holdings will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to DoubleVerify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleVerify Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DoubleVerify Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DoubleVerify Holdings to buy it.
The correlation of DoubleVerify Holdings is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DoubleVerify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleVerify Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DoubleVerify Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DoubleVerify Holdings is a strong investment it is important to analyze DoubleVerify Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DoubleVerify Holdings' future performance. For an informed investment choice regarding DoubleVerify Stock, refer to the following important reports:
Check out DoubleVerify Holdings Altman Z Score, DoubleVerify Holdings Correlation, DoubleVerify Holdings Valuation, as well as analyze DoubleVerify Holdings Alpha and Beta and DoubleVerify Holdings Hype Analysis.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for DoubleVerify Stock analysis

When running DoubleVerify Holdings' price analysis, check to measure DoubleVerify Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DoubleVerify Holdings is operating at the current time. Most of DoubleVerify Holdings' value examination focuses on studying past and present price action to predict the probability of DoubleVerify Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleVerify Holdings' price. Additionally, you may evaluate how the addition of DoubleVerify Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DoubleVerify Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoubleVerify Holdings. If investors know DoubleVerify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoubleVerify Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.319
Earnings Share
0.33
Revenue Per Share
3.208
Quarterly Revenue Growth
0.283
Return On Assets
0.0433
The market value of DoubleVerify Holdings is measured differently than its book value, which is the value of DoubleVerify that is recorded on the company's balance sheet. Investors also form their own opinion of DoubleVerify Holdings' value that differs from its market value or its book value, called intrinsic value, which is DoubleVerify Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoubleVerify Holdings' market value can be influenced by many factors that don't directly affect DoubleVerify Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoubleVerify Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleVerify Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleVerify Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.