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DoubleVerify Holdings (DoubleVerify Holdings) Return-on-Tangible-Asset : 20.97% (As of Dec. 2023)


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What is DoubleVerify Holdings Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. DoubleVerify Holdings's annualized Net Income for the quarter that ended in Dec. 2023 was $132.4 Mil. DoubleVerify Holdings's average total tangible assets for the quarter that ended in Dec. 2023 was $631.4 Mil. Therefore, DoubleVerify Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 20.97%.

The historical rank and industry rank for DoubleVerify Holdings's Return-on-Tangible-Asset or its related term are showing as below:

DV' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.14   Med: 11.67   Max: 23.47
Current: 11.8

During the past 6 years, DoubleVerify Holdings's highest Return-on-Tangible-Asset was 23.47%. The lowest was 9.14%. And the median was 11.67%.

DV's Return-on-Tangible-Asset is ranked better than
80.74% of 2824 companies
in the Software industry
Industry Median: 1.22 vs DV: 11.80

DoubleVerify Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for DoubleVerify Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

DoubleVerify Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial 23.47 15.64 10.65 9.14 11.67

DoubleVerify Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial 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 13.35 8.47 8.51 8.81 20.97

Competitive Comparison of DoubleVerify Holdings's Return-on-Tangible-Asset

For the Software - Application subindustry, DoubleVerify Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, DoubleVerify Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where DoubleVerify Holdings's Return-on-Tangible-Asset falls into.



DoubleVerify Holdings Return-on-Tangible-Asset Calculation

DoubleVerify Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=71.466/( (558.588+666.14)/ 2 )
=71.466/612.364
=11.67 %

DoubleVerify Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=132.42/( (596.566+666.14)/ 2 )
=132.42/631.353
=20.97 %

* 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 the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data.


DoubleVerify Holdings  (NYSE:DV) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


DoubleVerify Holdings Return-on-Tangible-Asset 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