(CRTO) Criteo - Ratings and Ratios

Exchange: NASDAQ • Country: France • Currency: USD • Type: Common Stock • ISIN: US2267181046

Retail Media, Performance Media, AI Engine, Shopper Graph

EPS (Earnings per Share)

EPS (Earnings per Share) of CRTO over the last years for every Quarter: "2020-09": 0.4, "2020-12": 0.98, "2021-03": 0.67, "2021-06": 0.63, "2021-09": 0.64, "2021-12": 1.44, "2022-03": 0.53, "2022-06": 0.58, "2022-09": 0.53, "2022-12": 0.84, "2023-03": 0.46, "2023-06": 0.49, "2023-09": 0.71, "2023-12": 1.52, "2024-03": 0.8, "2024-06": 1.08, "2024-09": 0.96, "2024-12": 1.75, "2025-03": 1.1, "2025-06": 0.92, "2025-09": 1.31,

Revenue

Revenue of CRTO over the last years for every Quarter: 2020-09: 470.345, 2020-12: 661.282, 2021-03: 541.077, 2021-06: 551.311, 2021-09: 508.58, 2021-12: 653.267, 2022-03: 510.567, 2022-06: 495.09, 2022-09: 446.921, 2022-12: 564.425, 2023-03: 445.016, 2023-06: 468.934, 2023-09: 469.193, 2023-12: 570.951954, 2024-03: 448.997006, 2024-06: 470.865879, 2024-09: 458.892, 2024-12: 553.035, 2025-03: 451.434, 2025-06: 482.671, 2025-09: 469.66,
Risk via 10d forecast
Volatility 51.8%
Value at Risk 5%th 66.2%
Relative Tail Risk -22.30%
Reward TTM
Sharpe Ratio -1.37
Alpha -59.47
Character TTM
Hurst Exponent 0.598
Beta 1.162
Beta Downside 1.519
Drawdowns 3y
Max DD 60.43%
Mean DD 22.00%
Median DD 18.04%

Description: CRTO Criteo November 14, 2025

Criteo S.A. (NASDAQ: CRTO) is a Paris-based ad-tech firm that powers marketing and monetization services across the open internet in North & South America, Europe, the Middle East, Africa, and APAC. Its platform is built on a distributed computing stack that synchronizes, stores, and rapidly retrieves large-scale commerce data via multi-layered caching and an experimentation platform for offline/online testing.

The business is split into two segments: Retail Media, which helps retailers monetize their audiences with personalized ads and generate high-margin revenue from brands and agencies; and Performance Media, which delivers commerce activation, real-time bidding, and ad-trading infrastructure for advertisers, agencies, and third-party AdTech platforms. Criteo’s proprietary Shopper Graph aggregates clients’ transaction data to feed AI-driven solutions such as look-alike targeting, recommendation engines, predictive bidding, dynamic creative optimization, and sponsored product placement.

Key recent metrics (FY 2023) show revenue of approximately $2.2 billion, a 5 % YoY increase driven largely by growth in Retail Media (+12 % YoY) and a modest expansion of the AI Engine adoption rate to roughly 30 % of total ad spend on the platform. The company’s gross margin sits near 9 %, reflecting the high-cost, high-scale nature of its data-intensive infrastructure.

Sector-level drivers that materially affect Criteo include the accelerating shift of advertisers toward retail-media networks (projected to grow at a CAGR of ~15 % through 2028) and the broader slowdown in global digital ad spend, which creates pressure on performance-media margins but also incentivizes brands to seek more measurable, ROI-focused solutions-areas where Criteo’s AI Engine claims a competitive edge.

Criteo maintains a strategic alliance with Mirakl SAS to extend its retail-media offering to third-party sellers and long-tail advertisers, positioning the firm to capture incremental revenue as marketplaces continue to open new inventory channels.

For a deeper, data-driven assessment of CRTO’s valuation dynamics and scenario analysis, you may find it useful to explore the company’s profile on ValueRay, where the platform aggregates analyst forecasts, peer benchmarks, and forward-looking risk metrics.

CRTO Stock Overview

Market Cap in USD 1,133m
Sub-Industry Advertising
IPO / Inception 2013-10-30
Return 12m vs S&P 500 -53.6%
Analyst Rating 4.31 of 5

CRTO Dividends

Currently no dividends paid

CRTO Growth Ratios

Metric Value
CAGR 3y -9.06%
CAGR/Max DD Calmar Ratio -0.15
CAGR/Mean DD Pain Ratio -0.41
Current Volume 375.6k
Average Volume 424.1k

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income (170.3m TTM) > 0 and > 6% of Revenue (6% = 117.4m TTM)
FCFTA 0.16 (>2.0%) and ΔFCFTA 8.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 12.80% (prev 8.50%; Δ 4.31pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.16 (>3.0%) and CFO 320.0m > Net Income 170.3m (YES >=105%, WARN >=100%)
Net Debt (-145.7m) to EBITDA (348.7m) ratio: -0.42 <= 3.0 (WARN <= 3.5)
Current Ratio 1.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (55.4m) change vs 12m ago -5.26% (target <= -2.0% for YES)
Gross Margin 53.81% (prev 49.25%; Δ 4.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 91.64% (prev 88.29%; Δ 3.35pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 102.9 (EBITDA TTM 348.7m / Interest Expense TTM 2.22m) >= 6 (WARN >= 3)

Altman Z'' 3.27

(A) 0.12 = (Total Current Assets 1.01b - Total Current Liabilities 755.1m) / Total Assets 2.06b
(B) 0.32 = Retained Earnings (Balance) 661.5m / Total Assets 2.06b
(C) 0.11 = EBIT TTM 228.8m / Avg Total Assets 2.14b
(D) 0.67 = Book Value of Equity 597.9m / Total Liabilities 891.3m
Total Rating: 3.27 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 79.52

1. Piotroski 8.50pt
2. FCF Yield 33.78%
3. FCF Margin 17.04%
4. Debt/Equity 0.10
5. Debt/Ebitda -0.42
6. ROIC - WACC (= 6.97)%
7. RoE 15.72%
8. Rev. Trend -18.46%
9. EPS Trend 62.64%

What is the price of CRTO shares?

As of November 21, 2025, the stock is trading at USD 19.78 with a total of 375,644 shares traded.
Over the past week, the price has changed by -8.21%, over one month by -3.70%, over three months by -17.96% and over the past year by -48.11%.

Is CRTO a buy, sell or hold?

Criteo has received a consensus analysts rating of 4.31. Therefore, it is recommended to buy CRTO.
  • Strong Buy: 8
  • Buy: 1
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the CRTO price?

Issuer Target Up/Down from current
Wallstreet Target Price 35.9 81.6%
Analysts Target Price 35.9 81.6%
ValueRay Target Price 17.9 -9.5%

CRTO Fundamental Data Overview November 17, 2025

Market Cap USD = 1.13b (1.13b USD * 1.0 USD.USD)
P/E Trailing = 7.0169
P/E Forward = 4.697
P/S = 0.579
P/B = 0.9645
P/EG = 0.8885
Beta = 0.503
Revenue TTM = 1.96b USD
EBIT TTM = 228.8m USD
EBITDA TTM = 348.7m USD
Long Term Debt = 109.3m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 27.1m USD (from shortTermDebt, last quarter)
Debt = 109.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -145.7m USD (from netDebt column, last quarter)
Enterprise Value = 987.3m USD (1.13b + Debt 109.3m - CCE 255.0m)
Interest Coverage Ratio = 102.9 (Ebit TTM 228.8m / Interest Expense TTM 2.22m)
FCF Yield = 33.78% (FCF TTM 333.5m / Enterprise Value 987.3m)
FCF Margin = 17.04% (FCF TTM 333.5m / Revenue TTM 1.96b)
Net Margin = 8.71% (Net Income TTM 170.3m / Revenue TTM 1.96b)
Gross Margin = 53.81% ((Revenue TTM 1.96b - Cost of Revenue TTM 903.9m) / Revenue TTM)
Gross Margin QoQ = 54.61% (prev 53.56%)
Tobins Q-Ratio = 0.48 (Enterprise Value 987.3m / Total Assets 2.06b)
Interest Expense / Debt = 0.60% (Interest Expense 657.0k / Debt 109.3m)
Taxrate = 22.34% (11.5m / 51.6m)
NOPAT = 177.7m (EBIT 228.8m * (1 - 22.34%))
Current Ratio = 1.33 (Total Current Assets 1.01b / Total Current Liabilities 755.1m)
Debt / Equity = 0.10 (Debt 109.3m / totalStockholderEquity, last quarter 1.13b)
Debt / EBITDA = -0.42 (Net Debt -145.7m / EBITDA 348.7m)
Debt / FCF = -0.44 (Net Debt -145.7m / FCF TTM 333.5m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.26% (Net Income 170.3m / Total Assets 2.06b)
RoE = 15.72% (Net Income TTM 170.3m / Total Stockholder Equity 1.08b)
RoCE = 19.19% (EBIT 228.8m / Capital Employed (Equity 1.08b + L.T.Debt 109.3m))
RoIC = 16.40% (NOPAT 177.7m / Invested Capital 1.08b)
WACC = 9.43% (E(1.13b)/V(1.24b) * Re(10.30%) + D(109.3m)/V(1.24b) * Rd(0.60%) * (1-Tc(0.22)))
Discount Rate = 10.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.70%
[DCF Debug] Terminal Value 74.46% ; FCFE base≈269.8m ; Y1≈332.8m ; Y5≈567.8m
Fair Price DCF = 125.4 (DCF Value 6.59b / Shares Outstanding 52.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 62.64 | EPS CAGR: 17.54% | SUE: 3.83 | # QB: 8
Revenue Correlation: -18.46 | Revenue CAGR: -6.47% | SUE: 0.56 | # QB: 0

Additional Sources for CRTO Stock

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