Viant Technology Inc. (DSP) Financial Ratios
8 years of historical data (2018–2025) · Technology · Software - Application
EV/EBITDA
↓
3.19
↓-89% vs avg
5yr avg: 29.25
30Y Low3.5·High55.0
P/FCF
↓
13.62
↓-32% vs avg
5yr avg: 19.99
30Y Low11.8·High27.7
P/B Ratio
↑
2.31
-3% vs avg
5yr avg: 2.37
30Y Low0.9·High4.7
ROE
↑
8.6%
↓+3362% vs avg
5yr avg: -0.3%
30Y Low-5%·High53%
Debt/EBITDA
↓
0.13
↓-82% vs avg
5yr avg: 0.72
30Y Low0.1·High1.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DSP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Viant Technology Inc. trades at 82.5x earnings, 74% below its 5-year average of 316.8x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 28.3x, the stock trades at a premium of 191%. On a free-cash-flow basis, the stock trades at 13.6x P/FCF, 32% below the 5-year average of 20.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $704M | $748M | $1.3B | $433M | $248M | $590M | — | — | — |
| Enterprise Value | $535M | $579M | $1.1B | $242M | $70M | $369M | — | — | — |
| P/E Ratio → | 82.54 | 92.62 | 541.03 | — | — | — | — | — | — |
| P/S Ratio | 2.05 | 2.17 | 4.41 | 1.94 | 1.26 | 2.63 | — | — | — |
| P/B Ratio | 2.31 | 2.59 | 4.66 | 1.58 | 0.93 | 2.09 | — | — | — |
| P/FCF | 13.62 | 14.48 | 25.91 | 11.84 | — | 27.72 | — | — | — |
| P/OCF | 13.38 | 14.22 | 24.66 | 11.46 | — | 20.59 | — | — | — |
P/E links to full P/E history page with 30-year chart
DSP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Viant Technology Inc.'s enterprise value stands at 3.2x EBITDA, 89% below its 5-year average of 29.2x. The Technology sector median is 16.6x, placing the stock at a 81% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.68 | 3.79 | 1.08 | 0.36 | 1.65 | — | — | — |
| EV / EBITDA | 3.19 | 3.45 | 55.04 | — | — | — | — | — | — |
| EV / EBIT | 3.59 | 3.89 | 315.54 | — | — | — | — | — | — |
| EV / FCF | — | 11.20 | 22.27 | 6.61 | — | 17.34 | — | — | — |
DSP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Viant Technology Inc. earns an operating margin of 43.3%. Operating margins have expanded from -8.2% to 43.3% over the past 3 years, signaling improving operational efficiency. ROE of 8.6% is modest. ROIC of 104.1% represents excellent returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 84.0% | 84.0% | 45.7% | 46.0% | 40.8% | 42.2% | 44.9% | 43.0% | 31.4% |
| Operating Margin | 43.3% | 43.3% | 1.2% | -8.2% | -25.0% | -19.1% | 13.2% | 7.8% | -19.1% |
| Net Profit Margin | 7.0% | 7.0% | 0.8% | -1.5% | -6.0% | -3.5% | 6.8% | 6.0% | -23.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.6% | 8.6% | 0.9% | -1.3% | -4.3% | -5.1% | 52.6% | 43.7% | — |
| ROA | 5.3% | 5.3% | 0.6% | -0.9% | -3.1% | -3.0% | 9.4% | 10.3% | -29.5% |
| ROIC | 104.1% | 104.1% | 2.9% | -16.0% | -49.4% | -67.1% | 47.0% | 123.9% | — |
| ROCE | 48.6% | 48.6% | 1.2% | -6.2% | -16.5% | -23.8% | 43.7% | 29.6% | -50.7% |
DSP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Viant Technology Inc. carries a Debt/EBITDA ratio of 0.1x, which is very conservative (96% below the sector average of 2.9x). The company holds a net cash position — cash of $191M exceeds total debt of $22M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.09 | 0.09 | 0.11 | 0.06 | 1.17 | 0.77 | — |
| Debt / EBITDA | 0.13 | 0.13 | 1.30 | — | — | — | 0.74 | 0.76 | — |
| Net Debt / Equity | — | -0.59 | -0.65 | -0.70 | -0.67 | -0.78 | 0.69 | 0.56 | — |
| Net Debt / EBITDA | -1.01 | -1.01 | -8.98 | — | — | — | 0.44 | 0.55 | — |
| Debt / FCF | — | -3.28 | -3.63 | -5.23 | — | -10.38 | 0.75 | 1.01 | — |
| Interest Coverage | — | — | 8.70 | -45.74 | -33.26 | -49.53 | 20.88 | 3.24 | -4.85 |
Net cash position: cash ($191M) exceeds total debt ($22M)
DSP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Viant Technology Inc.'s current ratio of 2.40x 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 3.13x to 2.40x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.40 | 2.40 | 2.49 | 3.13 | 3.61 | 4.24 | 1.30 | 1.22 | 1.15 |
| Quick Ratio | 2.40 | 2.40 | 2.49 | 3.13 | 3.61 | 4.24 | 1.30 | 1.22 | 1.15 |
| Cash Ratio | 1.22 | 1.22 | 1.41 | 1.99 | 2.37 | 2.87 | 0.12 | 0.08 | 0.06 |
| Asset Turnover | — | 0.73 | 0.66 | 0.55 | 0.52 | 0.58 | 1.24 | 1.54 | 1.25 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 187.84 | 185.44 | 192.33 | 188.19 | 180.34 | 198.27 | 150.71 | 163.36 |
DSP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Viant Technology Inc. returns 5.4% 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.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | 44.4% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 1.1% | 0.2% | — | — | — | — | — | — |
| FCF Yield | 7.3% | 6.9% | 3.9% | 8.4% | — | 3.6% | — | — | — |
| Buyback Yield | 5.4% | 5.1% | 2.5% | 1.0% | 0.8% | 0.0% | — | — | — |
| Total Shareholder Yield | 5.4% | 5.1% | 2.5% | 1.0% | 0.8% | 0.0% | — | — | — |
| Shares Outstanding | — | $62M | $67M | $63M | $62M | $61M | $59M | $59M | $59M |
Peer Comparison
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 | $704M | 82.5 | 3.2 | 13.6 | 84.0% | 43.3% | 8.6% | 104.1% | 0.1 |
 TTD | $8B | 19.8 | 11.7 | 10.6 | 78.6% | 20.3% | 16.3% | 21.3% | 0.6 |
 DV | $2B | 33.9 | 10.3 | 9.0 | 82.2% | 10.6% | 4.6% | 6.4% | 0.7 |
 IAS | $2B | 45.0 | 13.7 | 22.4 | 78.5% | 11.4% | 3.9% | 4.6% | 0.5 |
 MGNI | $2B | 18.4 | 14.7 | 15.1 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 |
 PUBM | $528M | -36.5 | 16.1 | 7.9 | 63.6% | -6.1% | -5.4% | -6.8% | 1.7 |
 CRTO | $833M | 6.3 | 1.9 | 4.0 | 54.0% | 10.4% | 12.8% | 16.1% | 0.5 |
 APPS | $1B | -28.0 | — | 99.8 | 48.6% | 6.0% | -21.8% | 4.8% | — |
 KXIN | $5M | -0.1 | — | — | — | — | -102.3% | -36.0% | — |
 GOOGL | $4.2T | 32.3 | 28.3 | 57.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 META | $1.4T | 24.0 | 14.5 | 31.0 | 82.0% | 41.4% | 30.2% | 27.6% | 0.8 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 8 years · Updated daily
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DSP — Frequently Asked Questions
Quick answers to the most common questions about buying DSP stock.
What is Viant Technology Inc.'s P/E ratio?
Viant Technology Inc.'s current P/E ratio is 82.5x. The historical average is 92.6x.
What is Viant Technology Inc.'s EV/EBITDA?
Viant Technology Inc.'s current EV/EBITDA is 3.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 29.2x.
What is Viant Technology Inc.'s ROE?
Viant Technology Inc.'s return on equity (ROE) is 8.6%. The historical average is 13.6%.
Is DSP stock overvalued?
Based on historical data, Viant Technology Inc. is trading at a P/E of 82.5x. Compare with industry peers and growth rates for a complete picture.
What are Viant Technology Inc.'s profit margins?
Viant Technology Inc. has 84.0% gross margin and 43.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Viant Technology Inc. have?
Viant Technology Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.