7 years of historical data (2018–2024) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Viant Technology Inc. trades at 84.4x earnings, 47% below its 5-year average of 158.3x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a premium of 235%. On a free-cash-flow basis, the stock trades at 9.4x P/FCF, 66% above the 5-year average of 5.7x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $463M | $389M | $105M | $57M | $133M | — | — | — |
| Enterprise Value | $284M | $210M | $-86130640 | $-120840300 | $-87976488 | — | — | — |
| P/E Ratio → | 84.42 | 158.25 | — | — | — | — | — | — |
| P/S Ratio | 1.60 | 1.34 | 0.47 | 0.29 | 0.59 | — | — | — |
| P/B Ratio | 0.76 | 1.42 | 0.38 | 0.21 | 0.47 | — | — | — |
| P/FCF | 9.41 | 7.89 | 2.87 | — | 6.25 | — | — | — |
| P/OCF | 8.95 | 7.51 | 2.78 | — | 4.64 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Viant Technology Inc.'s enterprise value stands at 14.3x EBITDA, 36% above its 5-year average of 10.5x. The Technology sector median is 15.7x, placing the stock at a 9% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.72 | -0.39 | -0.61 | -0.39 | — | — | — |
| EV / EBITDA | 14.27 | 10.51 | — | — | — | — | — | — |
| EV / EBIT | 81.79 | 60.27 | — | — | — | — | — | — |
| EV / FCF | — | 4.25 | -2.36 | — | -4.13 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Viant Technology Inc. earns an operating margin of 1.2%. Operating margins have expanded from -25.0% to 1.2% over the past 3 years, signaling improving operational efficiency. ROE of 0.9% is modest. ROIC of 2.9% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.7% | 45.7% | 46.0% | 40.8% | 42.2% | 44.9% | 43.0% | 31.4% |
| Operating Margin | 1.2% | 1.2% | -8.2% | -25.0% | -19.1% | 13.2% | 7.8% | -19.1% |
| Net Profit Margin | 0.8% | 0.8% | -1.5% | -6.0% | -3.5% | 6.8% | 3.0% | -23.6% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| ROE | 0.9% | 0.9% | -1.3% | -4.3% | -5.1% | 52.6% | 21.6% | — |
| ROA | 0.6% | 0.6% | -0.9% | -3.1% | -3.0% | 9.4% | 5.1% | -29.5% |
| ROIC | 2.9% | 2.9% | -16.0% | -49.4% | -67.1% | 47.0% | 123.9% | — |
| ROCE | 1.2% | 1.2% | -6.2% | -16.5% | -23.8% | 43.7% | 29.6% | -50.7% |
Solvency and debt-coverage ratios — lower is generally safer
Viant Technology Inc. carries a Debt/EBITDA ratio of 1.3x, which is manageable (56% below the sector average of 3.0x). The company holds a net cash position — cash of $205M exceeds total debt of $26M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 8.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.09 | 0.09 | 0.09 | 0.11 | 0.06 | 1.17 | 0.77 | — |
| Debt / EBITDA | 1.30 | 1.30 | — | — | — | 0.74 | 0.76 | — |
| Net Debt / Equity | — | -0.65 | -0.70 | -0.67 | -0.78 | 0.69 | 0.56 | — |
| Net Debt / EBITDA | -8.98 | -8.98 | — | — | — | 0.44 | 0.55 | — |
| Debt / FCF | — | -3.63 | -5.23 | — | -10.38 | 0.75 | 1.01 | — |
| Interest Coverage | 8.70 | 8.70 | -45.74 | — | -49.53 | 20.97 | 3.24 | -4.74 |
Net cash position: cash ($205M) exceeds total debt ($26M)
Short-term solvency ratios and asset-utilisation metrics
Viant Technology Inc.'s current ratio of 2.49x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.61x to 2.49x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.49 | 2.49 | 3.13 | 3.61 | 4.24 | 1.30 | 1.22 | 1.15 |
| Quick Ratio | 2.49 | 2.49 | 3.13 | 3.61 | 4.24 | 1.30 | 1.22 | 1.15 |
| Cash Ratio | 1.41 | 1.41 | 1.99 | 2.37 | 2.87 | 0.12 | 0.08 | 0.06 |
| Asset Turnover | — | 0.66 | 0.55 | 0.52 | 0.58 | 1.24 | 1.54 | 1.25 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 185.44 | 192.33 | 188.19 | 180.34 | 198.27 | 150.71 | 163.36 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Viant Technology Inc. returns 7.0% to shareholders annually primarily through share buybacks. The earnings yield of 1.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | 44.4% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 0.6% | — | — | — | — | — | — |
| FCF Yield | 10.6% | 12.7% | 34.9% | — | 16.0% | — | — | — |
| Buyback Yield | 7.0% | 8.3% | 4.0% | 3.6% | 0.0% | — | — | — |
| Total Shareholder Yield | 7.0% | 8.3% | 4.0% | 3.6% | 0.0% | — | — | — |
| Shares Outstanding | — | $20M | $15M | $14M | $14M | $59M | $59M | $59M |
Compare DSP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| DSPYou | $463M | 84.4 | 14.3 | 9.4 | 45.7% | 1.2% | 0.9% | 2.9% | 1.3 |
| APP | $134B | 44.6 | 31.0 | 33.7 | 87.9% | 75.8% | 206.8% | 87.8% | 0.8 |
| TTD | $12B | 26.2 | 21.0 | 14.5 | 78.6% | 20.3% | 16.3% | 21.3% | 0.8 |
| SRAD | $4B | 154.8 | 7.3 | 26.9 | 56.8% | 12.2% | 3.8% | 15.8% | 0.1 |
| GTM | $2B | 15.9 | 11.3 | 4.9 | 82.4% | 18.1% | 7.8% | 5.6% | 5.8 |
| DV | $2B | 35.1 | 11.4 | 9.9 | 82.2% | 10.6% | 4.6% | 6.4% | 0.7 |
| IBTA | $808M | 208.1 | 210.5 | 10.8 | 79.2% | -0.2% | 4.3% | -0.5% | 8.3 |
| APPS | $486M | -4.6 | 30.0 | — | 45.0% | -11.0% | -50.1% | -7.4% | 14.5 |
| ZETA | $401M | -121.1 | 1.0 | 2.2 | 60.6% | 0.4% | -4.3% | 0.8% | — |
| ONTF | $342M | -11.8 | — | 86.1 | 74.6% | -25.7% | -19.3% | -21.0% | — |
| SEMR | $248M | 213.7 | 11.5 | 5.8 | 82.6% | 2.2% | 3.4% | 3.0% | 0.7 |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonViant Technology Inc.'s current P/E ratio is 84.4x. The historical average is 158.3x.
Viant Technology Inc.'s current EV/EBITDA is 14.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.5x.
Viant Technology Inc.'s return on equity (ROE) is 0.9%. The historical average is 10.7%.
Based on historical data, Viant Technology Inc. is trading at a P/E of 84.4x. Compare with industry peers and growth rates for a complete picture.
Viant Technology Inc. has 45.7% gross margin and 1.2% operating margin.
Viant Technology Inc.'s Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.