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DoubleVerify Holdings (DoubleVerify Holdings) Net-Net Working Capital

: $1.73 (As of Dec. 2023)
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In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

DoubleVerify Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $1.73.

The industry rank for DoubleVerify Holdings's Net-Net Working Capital or its related term are showing as below:

DV's Price-to-Net-Net-Working-Capital is ranked worse than
74.51% of 1232 companies
in the Software industry
Industry Median: 7.15 vs DV: 17.15

DoubleVerify Holdings Net-Net Working Capital Historical Data

The historical data trend for DoubleVerify Holdings's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DoubleVerify Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Premium Member Only -0.55 0.06 1.36 1.41 1.73

DoubleVerify Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 1.53 1.67 1.40 1.73

Competitive Comparison

For the Software - Application subindustry, DoubleVerify Holdings's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DoubleVerify Holdings Price-to-Net-Net-Working-Capital Distribution

For the Software industry and Technology sector, DoubleVerify Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where DoubleVerify Holdings's Price-to-Net-Net-Working-Capital falls into.



DoubleVerify Holdings Net-Net Working Capital Calculation

DoubleVerify Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(310.131+0.75 * 206.941+0.5 * 0-169.092
-0-0)/171.146
=1.73

DoubleVerify Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(310.131+0.75 * 206.941+0.5 * 0-169.092
-0-0)/171.146
=1.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


DoubleVerify Holdings  (NYSE:DV) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


DoubleVerify Holdings Net-Net Working Capital Related Terms

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DoubleVerify Holdings (DoubleVerify Holdings) Business Description

Traded in Other Exchanges
N/A
Address
462 Broadway, New York, NY, USA, 10013
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
Executives
Julie Eddleman officer: Global Chief Comm. Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Nicola T Allais officer: Chief Financial Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Laura Desmond director 345 PARK AVENUE, SAN JOSE CA 95110
Mark Zagorski director, officer: Chief Executive Officer C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
Providence Vii U.s. Holdings L.p. 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Robert Davis Noell director, 10 percent owner C/O STREAM GLOBAL SERVICES, INC., 20 WILLIAM STREET, SUITE 310, WELLESLEY MA 02481
Andrew E Grimmig officer: Chief Legal Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Sundeep Jain director C/O DOUBLEVERIFY HOLDINGS, INC., 160 VARICK STREET, SUITE 03-120, NEW YORK NY 10013
Matthew F. Mclaughlin officer: Chief Operating Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
David James Blumberg 10 percent owner 432 BRYANT ST., SAN FRANCISCO CA 94107
Blumberg Capital Management Ii, L.l.c. 10 percent owner 432 BRYANT ST, SAN FRANCISCO CA 94107
Rosario C Perez director C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Karim A Tabet 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Andrew A Tisdale 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903