(ZD) Ziff Davis - Overview
Sector: Communication Services | Industry: Advertising Agencies | Exchange: NASDAQ (USA) | Market Cap: 1.649m USD | Total Return: 40.3% in 12m
Avg Turnover: 23.1M
EPS Trend: -39.5%
Qual. Beats: 0
Rev. Trend: 76.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Rs Leader, Tailwind, Pullback 52w
Ziff Davis, Inc. (NASDAQ: ZD) is a vertically integrated digital media and internet services company. The firm operates a diverse portfolio of brands across technology, gaming, shopping, health, and cybersecurity sectors. Key properties include PCMag, IGN, RetailMeNot, Everyday Health, and Ookla. The company generates revenue through a combination of performance marketing, premium subscriptions, and digital advertising.
The business model relies on high-authority content to capture intent-driven traffic, which is then monetized through affiliate lead generation and display media. In the digital media sector, this strategy aims to lower customer acquisition costs by leveraging established brand equity across niche audience segments. The firm also maintains a recurring revenue stream through its cloud-based software tools, including email marketing and cybersecurity solutions.
Investors can further evaluate these revenue streams and valuation metrics on ValueRay. Since rebranding from j2 Global in 2021, the company has focused on consolidating its position as a specialist in professional and consumer information services.
- Digital advertising revenue fluctuations impact margins across core media and gaming brands
- Consumer spending volatility affects affiliate commissions for RetailMeNot and shopping platforms
- Subscription growth in cybersecurity and connectivity software stabilizes recurring revenue streams
- Strategic acquisitions and divestitures dictate long-term capital allocation and debt leverage
- Regulatory changes in data privacy increase compliance costs for targeted advertising segments
| Net Income: 45.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.96 > 1.0 |
| NWC/Revenue: 41.13% < 20% (prev 25.96%; Δ 15.17% < -1%) |
| CFO/TA 0.12 > 3% & CFO 416.4m > Net Income 45.4m |
| Net Debt (403.5m) to EBITDA (300.7m): 1.34 < 3 |
| Current Ratio: 1.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.6m) vs 12m ago -14.88% < -2% |
| Gross Margin: 73.81% > 18% (prev 0.86%; Δ 7.30k% > 0.5%) |
| Asset Turnover: 40.24% > 50% (prev 40.27%; Δ -0.03% > 0%) |
| Interest Coverage Ratio: 1.60 > 6 (EBITDA TTM 300.7m / Interest Expense TTM 52.0m) |
| A: 0.17 (Total Current Assets 1.44b - Total Current Liabilities 863.7m) / Total Assets 3.39b |
| B: 0.39 (Retained Earnings 1.33b / Total Assets 3.39b) |
| C: 0.02 (EBIT TTM 83.0m / Avg Total Assets 3.46b) |
| D: 0.76 (Book Value of Equity 1.27b / Total Liabilities 1.67b) |
| Altman-Z'' = 3.34 = A |
| DSRI: 0.78 (Receivables 397.5m/517.9m, Revenue 1.39b/1.42b) |
| GMI: 1.17 (GM 73.81% / 86.02%) |
| AQI: 0.83 (AQ_t 0.53 / AQ_t-1 0.64) |
| SGI: 0.98 (Revenue 1.39b / 1.42b) |
| TATA: -0.11 (NI 45.4m - CFO 416.4m) / TA 3.39b) |
| Beneish M = -3.28 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 45.07 with a total of 686,883 shares traded.
Over the past week, the price has changed by +8.03%,
over one month by -3.61%,
over three months by +66.43% and
over the past year by +40.27%.
Ziff Davis has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold ZD.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.6 | 7.8% |
P/E Trailing = 38.2564
P/E Forward = 8.0972
P/S = 1.1401
P/B = 0.9584
P/EG = 1.5248
Revenue TTM = 1.39b USD
EBIT TTM = 83.0m USD
EBITDA TTM = 300.7m USD
Long Term Debt = 718.3m USD (from longTermDebt, last quarter)
Short Term Debt = 148.8m USD (from shortTermDebt, last quarter)
Debt = 923.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 56.1m
Net Debt = 403.5m USD (calculated: Debt 923.2m - CCE 519.7m)
Enterprise Value = 2.05b USD (1.65b + Debt 923.2m - CCE 519.7m)
Interest Coverage Ratio = 1.60 (Ebit TTM 83.0m / Interest Expense TTM 52.0m)
EV/FCF = 7.08x (Enterprise Value 2.05b / FCF TTM 289.7m)
FCF Yield = 14.12% (FCF TTM 289.7m / Enterprise Value 2.05b)
FCF Margin = 20.84% (FCF TTM 289.7m / Revenue TTM 1.39b)
Net Margin = 3.26% (Net Income TTM 45.4m / Revenue TTM 1.39b)
Gross Margin = 73.81% ((Revenue TTM 1.39b - Cost of Revenue TTM 364.1m) / Revenue TTM)
Gross Margin QoQ = 66.67% (prev 71.69%)
Tobins Q-Ratio = 0.60 (Enterprise Value 2.05b / Total Assets 3.39b)
Interest Expense / Debt = 5.63% (Interest Expense 52.0m / Debt 923.2m)
Taxrate = 34.95% (25.4m / 72.8m)
NOPAT = 54.0m (EBIT 83.0m * (1 - 34.95%))
Current Ratio = 1.66 (Total Current Assets 1.44b / Total Current Liabilities 863.7m)
Debt / Equity = 0.54 (Debt 923.2m / totalStockholderEquity, last quarter 1.72b)
Debt / EBITDA = 1.34 (Net Debt 403.5m / EBITDA 300.7m)
Debt / FCF = 1.39 (Net Debt 403.5m / FCF TTM 289.7m)
Total Stockholder Equity = 1.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.31% (Net Income 45.4m / Total Assets 3.39b)
RoE = 2.55% (Net Income TTM 45.4m / Total Stockholder Equity 1.78b)
RoCE = 3.32% (EBIT 83.0m / Capital Employed (Equity 1.78b + L.T.Debt 718.3m))
RoIC = 2.25% (NOPAT 54.0m / Invested Capital 2.40b)
WACC = 7.60% (E(1.65b)/V(2.57b) * Re(9.81%) + D(923.2m)/V(2.57b) * Rd(5.63%) * (1-Tc(0.35)))
Discount Rate = 9.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.22 | Cagr: -12.66%
[DCF] Terminal Value 77.97% ; FCFF base≈266.3m ; Y1≈305.3m ; Y5≈449.3m
[DCF] Fair Price = 172.6 (EV 6.76b - Net Debt 403.5m = Equity 6.36b / Shares 36.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -39.45 | EPS CAGR: -1.86% | SUE: -0.29 | # QB: 0
Revenue Correlation: 76.00 | Revenue CAGR: 2.14% | SUE: 0.34 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.84 | Chg30d=-39.36% | Revisions=-43% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.36 | Chg30d=-25.30% | Revisions=-43% | Analysts=4
EPS current Year (2026-12-31): EPS=5.12 | Chg30d=-27.18% | Revisions=-50% | GrowthEPS=-22.7% | GrowthRev=-16.1%
EPS next Year (2027-12-31): EPS=5.42 | Chg30d=-27.87% | Revisions=-50% | GrowthEPS=+5.8% | GrowthRev=+1.8%
[Analyst] Revisions Ratio: -50%