(TTD) Trade Desk - Ratings and Ratios
Platform, Data, Measurement, Optimization
TTD EPS (Earnings per Share)
TTD Revenue
Description: TTD Trade Desk
The Trade Desk, Inc. (NASDAQ:TTD) is a U.S.-based technology firm that provides a self-service, cloud-native platform enabling agencies, advertisers, and their service providers to plan, execute, optimize, and measure data-driven digital advertising across a wide array of formats-including video, display, audio, digital-out-of-home, native, and social-and devices such as computers, mobiles, TVs, and streaming boxes. In addition to the core buying engine, the company offers data-enrichment and value-added services to enhance campaign performance. Founded in 2009 and headquartered in Ventura, California, TTD operates globally and is classified under the GICS sub-industry “Application Software.”
Recent quarterly filings show Q4 2023 revenue of approximately $1.04 billion, reflecting a year-over-year increase of roughly 12 % and a gross margin near 80 %, underscoring the high-margin nature of its software-as-a-service model. The platform’s share of the programmatic advertising market is estimated at 15 %, driven largely by rapid growth in connected-TV (CTV) spend, which now accounts for over 30 % of total ad dollars on The Trade Desk’s platform. A broader sector driver is the continued expansion of digital ad spend, projected to grow ~8 % annually, though macro-economic pressures such as higher interest rates could temper advertiser budgets in the near term.
For a deeper, data-rich perspective on how these dynamics translate into valuation metrics, consider exploring ValueRay’s analyst tools.
TTD Stock Overview
| Market Cap in USD | 26,447m |
| Sub-Industry | Application Software |
| IPO / Inception | 2016-09-21 |
TTD Stock Ratings
| Growth Rating | -35.3% |
| Fundamental | 72.7% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -62.5% |
| Analyst Rating | 4.15 of 5 |
TTD Dividends
Currently no dividends paidTTD Growth Ratios
| Growth Correlation 3m | -71.8% |
| Growth Correlation 12m | -74.8% |
| Growth Correlation 5y | 14.9% |
| CAGR 5y | -3.50% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.05 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.17 |
| Sharpe Ratio 12m | 0.16 |
| Alpha | -77.15 |
| Beta | 1.383 |
| Volatility | 54.14% |
| Current Volume | 8133.8k |
| Average Volume 20d | 15268.1k |
| Stop Loss | 47.7 (-6%) |
| Signal | -0.11 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (417.2m TTM) > 0 and > 6% of Revenue (6% = 160.7m TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA 3.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 78.56% (prev 92.16%; Δ -13.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.16 (>3.0%) and CFO 929.2m > Net Income 417.2m (YES >=105%, WARN >=100%) |
| Net Debt (-552.8m) to EBITDA (570.6m) ratio: -0.97 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.71 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (495.8m) change vs 12m ago -0.85% (target <= -2.0% for YES) |
| Gross Margin 79.41% (prev 81.23%; Δ -1.83pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 48.19% (prev 42.15%; Δ 6.05pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -5.74 (EBITDA TTM 570.6m / Interest Expense TTM -82.7m) >= 6 (WARN >= 3) |
Altman Z'' 2.75
| (A) 0.35 = (Total Current Assets 5.05b - Total Current Liabilities 2.95b) / Total Assets 5.96b |
| (B) -0.03 = Retained Earnings (Balance) -162.4m / Total Assets 5.96b |
| (C) 0.09 = EBIT TTM 475.0m / Avg Total Assets 5.56b |
| (D) -0.05 = Book Value of Equity -162.4m / Total Liabilities 3.26b |
| Total Rating: 2.75 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 72.67
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 2.97% = 1.49 |
| 3. FCF Margin 27.84% = 6.96 |
| 4. Debt/Equity 0.13 = 2.49 |
| 5. Debt/Ebitda -0.97 = 2.50 |
| 6. ROIC - WACC (= 0.64)% = 0.80 |
| 7. RoE 15.19% = 1.27 |
| 8. Rev. Trend 87.88% = 6.59 |
| 9. EPS Trend -8.49% = -0.42 |
What is the price of TTD shares?
Over the past week, the price has changed by -5.16%, over one month by +11.40%, over three months by -32.75% and over the past year by -57.00%.
Is Trade Desk a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TTD is around 40.50 USD . This means that TTD is currently overvalued and has a potential downside of -20.17%.
Is TTD a buy, sell or hold?
- Strong Buy: 23
- Buy: 5
- Hold: 11
- Sell: 0
- Strong Sell: 2
What are the forecasts/targets for the TTD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 69.5 | 37.1% |
| Analysts Target Price | 69.5 | 37.1% |
| ValueRay Target Price | 46.2 | -8.9% |
Last update: 2025-10-11 05:04
TTD Fundamental Data Overview
P/E Trailing = 65.1687
P/E Forward = 38.0228
P/S = 9.8716
P/B = 9.2281
P/EG = 1.5097
Beta = 1.383
Revenue TTM = 2.68b USD
EBIT TTM = 475.0m USD
EBITDA TTM = 570.6m USD
Long Term Debt = 343.5m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 72.4m USD (from shortTermDebt, last quarter)
Debt = 343.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -552.8m USD (from netDebt column, last quarter)
Enterprise Value = 25.10b USD (26.45b + Debt 343.5m - CCE 1.69b)
Interest Coverage Ratio = -5.74 (Ebit TTM 475.0m / Interest Expense TTM -82.7m)
FCF Yield = 2.97% (FCF TTM 745.8m / Enterprise Value 25.10b)
FCF Margin = 27.84% (FCF TTM 745.8m / Revenue TTM 2.68b)
Net Margin = 15.57% (Net Income TTM 417.2m / Revenue TTM 2.68b)
Gross Margin = 79.41% ((Revenue TTM 2.68b - Cost of Revenue TTM 551.7m) / Revenue TTM)
Gross Margin QoQ = 78.25% (prev 76.81%)
Tobins Q-Ratio = 4.21 (Enterprise Value 25.10b / Total Assets 5.96b)
Interest Expense / Debt = 10.65% (Interest Expense 36.6m / Debt 343.5m)
Taxrate = 32.34% (43.1m / 133.2m)
NOPAT = 321.4m (EBIT 475.0m * (1 - 32.34%))
Current Ratio = 1.71 (Total Current Assets 5.05b / Total Current Liabilities 2.95b)
Debt / Equity = 0.13 (Debt 343.5m / totalStockholderEquity, last quarter 2.70b)
Debt / EBITDA = -0.97 (Net Debt -552.8m / EBITDA 570.6m)
Debt / FCF = -0.74 (Net Debt -552.8m / FCF TTM 745.8m)
Total Stockholder Equity = 2.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.00% (Net Income 417.2m / Total Assets 5.96b)
RoE = 15.19% (Net Income TTM 417.2m / Total Stockholder Equity 2.75b)
RoCE = 15.37% (EBIT 475.0m / Capital Employed (Equity 2.75b + L.T.Debt 343.5m))
RoIC = 11.70% (NOPAT 321.4m / Invested Capital 2.75b)
WACC = 11.06% (E(26.45b)/V(26.79b) * Re(11.11%) + D(343.5m)/V(26.79b) * Rd(10.65%) * (1-Tc(0.32)))
Discount Rate = 11.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.39%
[DCF Debug] Terminal Value 71.64% ; FCFE base≈639.7m ; Y1≈768.9m ; Y5≈1.24b
Fair Price DCF = 29.02 (DCF Value 12.93b / Shares Outstanding 445.7m; 5y FCF grow 21.55% → 3.0% )
EPS Correlation: -8.49 | EPS CAGR: -59.12% | SUE: -4.0 | # QB: 0
Revenue Correlation: 87.88 | Revenue CAGR: 22.77% | SUE: 0.48 | # QB: 0
Additional Sources for TTD Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle