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Added to YB: 2024-07-17

Pitch date: 2024-07-16

TTD [neutral]

The Trade Desk, Inc.

-77.48%

current return

Author Info

Multibagger Nuggets focuses on deep research and long-term investing (10yrs+). Sign up for the newsletter.

Company Info

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices.

Market Cap

$10.1B

Pitch Price

$98.64

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.81

P/E

23.64

EV/Sales

3.20

Sector

Media

Category

growth

Show full summary:
The Trade Desk: Scoring the Quality and Valuation

TTD: Leading ad-tech platform w/ 28% rev growth, 27% FCF margin. Strong in CTV, open internet. CEO Jeff Green owns 9.6%. No debt, $1.4B cash. Huge TAM in $1T ad market. Expensive at 28.4x GP, 62.5x fwd PE. Hold rating due to high quality (85/100 PMQS) but steep valuation (3/10).

Read full article (12 min)