Financials TechTarget, Inc.

Equities

TTGT

US87874R1005

IT Services & Consulting

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
27.5 USD +1.85% Intraday chart for TechTarget, Inc. +1.21% -21.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 730.9 1,661 2,757 1,292 989.5 785.1 - -
Enterprise Value (EV) 1 730.9 1,661 2,856 1,428 1,074 957.7 889.1 809.1
P/E ratio 43.5 x 96.9 x 3,189 x 33.9 x 218 x 90.1 x 61.5 x 58.1 x
Yield - - - - - - - -
Capitalization / Revenue 5.46 x 11.2 x 10.5 x 4.34 x 4.3 x 3.38 x 3.07 x 2.79 x
EV / Revenue 5.46 x 11.2 x 10.8 x 4.8 x 4.67 x 4.12 x 3.48 x 2.88 x
EV / EBITDA 17.4 x 32.7 x 27.1 x 11.7 x 15.2 x 13.1 x 10.6 x 8.01 x
EV / FCF 22.1 x 36.3 x 41.4 x 18.6 x 18.6 x 20.7 x 14.1 x -
FCF Yield 4.53% 2.76% 2.42% 5.37% 5.39% 4.82% 7.09% -
Price to Book - - 12.7 x 5.99 x 4.44 x 3.09 x 2.4 x 1.64 x
Nbr of stocks (in thousands) 28,004 28,099 28,820 29,324 28,384 28,549 - -
Reference price 2 26.10 59.11 95.66 44.06 34.86 27.50 27.50 27.50
Announcement Date 2/12/20 2/10/21 2/10/22 2/9/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 134 148.4 263.4 297.5 230 232.6 255.6 281.2
EBITDA 1 41.96 50.87 105.4 122.4 70.64 72.84 84.01 101.1
EBIT 1 22.74 22.82 34.35 56.69 -2.269 4.858 14.1 -
Operating Margin 16.97% 15.38% 13.04% 19.06% -0.99% 2.09% 5.52% -
Earnings before Tax (EBT) 1 22.05 22.5 11.08 57.55 14.42 16.61 25.35 31.88
Net income 1 16.88 17.07 0.949 41.61 4.461 9.619 14.95 15.49
Net margin 12.6% 11.5% 0.36% 13.99% 1.94% 4.14% 5.85% 5.51%
EPS 2 0.6000 0.6100 0.0300 1.300 0.1600 0.3051 0.4468 0.4736
Free Cash Flow 1 33.11 45.79 69.07 76.67 57.85 46.2 63 -
FCF margin 24.72% 30.86% 26.22% 25.77% 25.16% 19.86% 24.65% -
FCF Conversion (EBITDA) 78.93% 90.02% 65.54% 62.66% 81.9% 63.42% 75% -
FCF Conversion (Net income) 196.23% 268.3% 7,277.98% 184.27% 1,296.88% 480.27% 421.53% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/12/20 2/10/21 2/10/22 2/9/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 69.75 77 68.16 78.88 77.41 73.04 57.11 58.43 57.13 57.29 51.04 57.19 59.89 64.58 56.37
EBITDA 1 28.21 32.59 26.56 33.85 32.42 29.54 17.6 18.55 17.37 17.12 12.55 17.28 19.44 23.19 15.58
EBIT 1 7.132 12.07 10.68 19.12 18.38 8.516 0.315 0.65 0.469 -3.703 -4.022 0.4508 2.07 6.36 -1.6
Operating Margin 10.22% 15.67% 15.67% 24.23% 23.74% 11.66% 0.55% 1.11% 0.82% -6.46% -7.88% 0.79% 3.46% 9.85% -2.84%
Earnings before Tax (EBT) 1 6.933 -9.827 10.12 18.13 18.27 11.03 3.072 3.565 8.293 -0.511 -0.8542 3.537 4.944 8.988 1.503
Net income 1 9.984 -15.96 7.164 12.42 14.84 7.189 1.645 2.675 1.742 -1.601 -0.9334 1.678 3.002 5.856 -0.0236
Net margin 14.31% -20.73% 10.51% 15.74% 19.17% 9.84% 2.88% 4.58% 3.05% -2.79% -1.83% 2.93% 5.01% 9.07% -0.04%
EPS 2 0.3200 -0.5500 0.2300 0.3800 0.4600 0.2300 0.0600 0.1000 0.0600 -0.0600 -0.0300 0.0541 0.0951 0.1808 -0.0175
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/10/22 5/10/22 8/4/22 11/9/22 2/9/23 5/9/23 8/8/23 11/8/23 2/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 99.6 136 84.2 173 104 24
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - 0.945 x 1.109 x 1.192 x 2.37 x 1.238 x 0.2379 x
Free Cash Flow 1 33.1 45.8 69.1 76.7 57.9 46.2 63 -
ROE (net income / shareholders' equity) - - 33.8% 18.9% 24.8% 26.7% 27.3% -
ROA (Net income/ Total Assets) - - 11.5% 5.36% 7.44% 7.7% 9% -
Assets 1 - - 8.234 776.9 59.94 124.9 166.1 -
Book Value Per Share 2 - - 7.520 7.350 7.850 8.900 11.40 16.70
Cash Flow per Share 2 - - 2.770 2.660 2.540 2.390 2.660 3.240
Capex 1 6.34 6.66 12.6 14 14.6 14.3 14.9 14.1
Capex / Sales 4.73% 4.49% 4.79% 4.72% 6.36% 6.13% 5.83% 5.01%
Announcement Date 2/12/20 2/10/21 2/10/22 2/9/23 2/7/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
27.5 USD
Average target price
42.5 USD
Spread / Average Target
+54.55%
Consensus
  1. Stock Market
  2. Equities
  3. TTGT Stock
  4. Financials TechTarget, Inc.