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Held by 256 of 5,944 reporting institutions (93th percentile) — extremely crowded.
Data as of Q1 2026
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Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $57.49 today, the market must believe free cash flow compounds -2.5%/yr for a decade (off $261M normalized FCF).
The market's -2.5% is more conservative than its 9-yr track record.
2-stage DCF · 0.04B shares · net debt $293M
mean 4.6% · volatility σ 28% · implied rate exceeded in 6/9 yrs
Central path = implied -2.5%/yr growth; shaded band = ±1σ (28%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $174M buybacks = $174M returned on $288M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 2%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $574M covers the $55M due within a year 10.5× over. Scheduled principal only (excludes interest & revolver draws). As of 2021-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~4.3% on $867M of debt.
Cash of $574M fully covers short-term debt of $149M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-18
No material risks flagged.
Where each multiple sits in its own 14-yr range · 28th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 17.3× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 16.7 | 17.8 | 15.4 | 13.3 | 13.3 | 13.6 | 14.3 | 14.2 |
| Gross Profit | 83.3 | 82.2 | 84.6 | 86.7 | — | — | — | — |
| R&D | 4.0 | 4.3 | 4.9 | 5.6 | 5.3 | 5.0 | 4.8 | 4.3 |
| SG&A | 31.1 | 38.3 | 36.1 | 32.2 | 13.1 | 14.3 | 14.5 | 14.5 |
| Operating Income | 20.2 | 8.4 | 11.9 | 11.8 | 14.3 | 9.7 | 8.1 | 12.6 |
| Income Tax | 3.7 | 1.3 | 3.3 | -1.0 | 4.2 | 1.8 | 3.0 | 1.8 |
| Net Income | 10.7 | 20.8 | 13.0 | 35.1 | 4.6 | 3.0 | 4.5 | 3.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ZD: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-18
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.45B 100.0% | $1.40B 100.0% | $1.36B 100.0% | $1.39B 100.0% | $1.42B 100.0% | $1.16B 100.0% | $1.05B 100.0% | $1.21B 100.0% | $1.12B 100.0% | $874.3M 100.0% |
| Cost of Revenue | $206.6M 14.2% | $200.3M 14.3% | $185.7M 13.6% | $184.5M 13.3% | $188.1M 13.3% | $178.4M 15.4% | $187.3M 17.8% | $201.1M 16.7% | $172.3M 15.4% | $147.1M 16.8% |
| Gross Profit | — | — | — | — | $1.23B 86.7% | $980.4M 84.6% | $863.1M 82.2% | $1.01B 83.3% | $945.5M 84.6% | $727.2M 83.2% |
| Research & Development | $62.0M 4.3% | $67.4M 4.8% | $68.9M 5.0% | $74.1M 5.3% | $78.9M 5.6% | $57.1M 4.9% | $44.7M 4.3% | $48.4M 4.0% | $46.0M 4.1% | $38.0M 4.4% |
| Selling, General & Admin | $210.0M 14.5% | $203.5M 14.5% | $195.7M 14.3% | $181.9M 13.1% | $456.8M 32.2% | $418.6M 36.1% | $402.6M 38.3% | $375.3M 31.1% | $323.5M 28.9% | $239.7M 27.4% |
| Total Operating Expenses | — | — | — | — | $1.06B 74.9% | $842.1M 72.7% | $774.9M 73.8% | $761.9M 63.1% | $699.8M 62.6% | $484.6M 55.4% |
| Operating Income | $183.1M 12.6% | $113.6M 8.1% | $132.6M 9.7% | $198.9M 14.3% | $167.3M 11.8% | $138.3M 11.9% | $88.2M 8.4% | $244.3M 20.2% | $245.7M 22.0% | $242.6M 27.7% |
| Interest Expense | $37.6M 2.6% | $35.3M 2.5% | $41.6M 3.0% | $37.1M 2.7% | $79.6M 5.6% | $58.1M 5.0% | $26.1M 2.5% | $63.5M 5.3% | $59.2M 5.3% | $42.7M 4.9% |
| Other Income (Expense), net | -$5.9M -0.4% | $5.0M 0.4% | -$9.5M -0.7% | $8.4M 0.6% | $1.3M 0.1% | $65K 0.0% | -$2.3M -0.2% | -$4.6M -0.4% | $22.0M 2.0% | $10.2M 1.2% |
| Pretax Income | $80.7M 5.6% | $93.2M 6.6% | $75.0M 5.5% | $131.2M 9.4% | $351.4M 24.8% | $78.3M 6.8% | $54.8M 5.2% | $177.6M 14.7% | $200.0M 17.9% | $211.4M 24.2% |
| Income Tax Expense | $25.4M 1.8% | $41.4M 3.0% | $24.1M 1.8% | $58.0M 4.2% | -$14.2M -1.0% | $38.4M 3.3% | $13.8M 1.3% | $44.8M 3.7% | $60.5M 5.4% | $59.0M 6.7% |
| Net Income | $47.4M 3.3% | $63.0M 4.5% | $41.5M 3.0% | $63.8M 4.6% | $496.7M 35.1% | $150.7M 13.0% | $218.8M 20.8% | $128.7M 10.7% | $139.4M 12.5% | $152.4M 17.4% |
| Per Share | ||||||||||
| EPS (Basic) | $1.16 | $1.42 | $0.89 | $1.36 | $10.81 | $3.24 | $4.52 | $2.64 | $2.89 | $3.15 |
| EPS (Diluted) | $1.15 | $1.42 | $0.89 | $1.36 | $10.37 | $3.18 | $4.39 | $2.59 | $2.83 | $3.13 |
| Weighted Avg Shares (Basic) | 41.0M | 44.5M | 46.4M | 47.0M | 45.9M | 46.3M | 47.6M | 48.0M | 47.6M | 47.7M |
| Weighted Avg Shares (Diluted) | 41.1M | 44.5M | 46.5M | 47.0M | 47.9M | 47.1M | 49.0M | 48.9M | 48.7M | 48.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Ranked against 192 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | $4.16T | 31.9× | 27.8× | 10.3× | 15.1% | 59.7% | 32.8% | 31.8% | 28.5% | 0.3× | 4,874 |
| META | $1.68T | 28.3× | 16.7× | 8.3× | 22.2% | 82.0% | 30.1% | 27.8% | 21.9% | 0.6× | 4,839 |
| AMX | $1.37T | — | — | — | — | — | — | — | — | — | 318 |
| CHT | $356.1B | — | — | — | — | — | — | — | — | — | 206 |
| NFLX | $303.1B | 28.4× | 22.6× | 6.7× | 15.9% | 48.5% | 24.3% | 41.3% | 26.7% | 1.1× | 3,458 |
| CCZ | $239.2B | 12.0× | 6.4× | 1.9× | -0.0% | — | 16.2% | 20.6% | 19.4% | 0.2× | 1 |
| VZ | $203.2B | 11.8× | 4.1× | 1.5× | 2.5% | — | 12.4% | 16.2% | 16.2% | 0.0× | 3,122 |
| DIS | $195.1B | 15.0× | 10.1× | 2.1× | 3.4% | — | 13.1% | 11.3% | 8.2% | 1.8× | 2,883 |
| TMUS | $186.2B | 17.3× | 8.4× | 2.1× | 8.5% | — | 12.4% | 18.6% | 7.6% | 2.7× | 1,648 |
| T | $182.1B | 8.4× | 6.8× | 1.4× | 2.7% | — | 17.5% | 17.4% | 8.1% | 3.2× | 2,848 |
| VEON | $126.9B | — | — | — | — | — | — | — | — | — | 97 |
| DASH | $82.4B | 90.6× | 53.1× | 6.0× | 27.9% | — | 6.8% | 9.3% | 9.3% | — | 973 |
| WBD | $68.9B | 95.9× | 15.1× | 1.9× | -5.1% | — | 1.9% | 2.0% | 1.1% | 5.1× | 1,259 |
| EA | $52.6B | 59.7× | 36.1× | 7.0× | 0.9% | 79.0% | 11.8% | 13.1% | 13.1% | — | 998 |
| LYV | $39.3B | — | 24.9× | 1.6× | 8.8% | — | 2.0% | 183% | 5.9% | 5.0× | 779 |
| TTWO | $38.1B | — | 414.2× | 5.7× | 18.2% | 57.2% | -4.5% | -8.5% | -4.9% | 26.7× | 1,011 |
| TWLO | $37.2B | 1161.1× | 106.1× | 7.3× | 13.7% | 48.9% | 0.7% | 0.4% | 0.4% | 2.8× | 776 |
| RDDT | $28.1B | 57.6× | 59.3× | 12.8× | 69.4% | 91.2% | 24.1% | 18.1% | 18.1% | — | 765 |
| FOX | $26.6B | 11.8× | — | 1.6× | 16.6% | — | 14.1% | 19.2% | 12.4% | — | 505 |
| OMC | $24.0B | — | 56.5× | 1.4× | 10.1% | 8.5% | -0.3% | -0.5% | -0.3% | 15.8× | 1,083 |
| ROKU | $22.7B | 260.4× | 528.5× | 4.8× | 15.2% | 43.8% | 1.9% | 3.3% | 3.3% | — | 665 |
| FWONA | $21.5B | — | 39.4× | 4.8× | 22.7% | — | 12.4% | 7.2% | 4.3% | 7.9× | 283 |
| NWS | $18.6B | 15.8× | — | 2.2× | 2.4% | — | 14.0% | 13.4% | 11.0% | — | 304 |
| CHTR | $17.3B | 3.5× | 5.3× | 0.3× | -0.6% | — | 9.1% | 31.1% | 4.5% | 4.5× | 760 |
| TKO | $15.3B | 83.7× | 13.8× | 3.2× | -3.1% | — | 4.1% | 5.2% | 2.6% | 2.9× | 616 |
| ZD | $2.2B | 50.0× | 6.1× | 1.5× | 3.5% | 85.8% | 3.3% | 2.7% | 1.8% | 2.1× | 256 |
Peers = companies sharing ZD's sector (Communication Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.