# Criteo S.A. (CRTO) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Communication Services / Media. Price $15.17, market value $743 million.

## Valuation
- **P/E (trailing): 7.7×** (5-yr avg 52.4×, 3-yr avg 19.1×). Criteo S.A. trades at 7.7× trailing earnings, well below its own five-year average of 52.4×: cheap by its own standards. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 3.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.10**. A PEG of 0.10 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.4×**. Each dollar of revenue is priced at 0.4×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -1.9%** (5-yr avg 11.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 12.9%**. The inverse of the P/E: 12.9% of the price is earned each year.

## Profitability
- **Gross margin: 52.6%**. Criteo S.A. keeps 52.6% of revenue after the direct cost of what it sells.
- **Operating margin: 5.8%**. 5.8% of revenue is left after running the business.
- **Net margin: 7.4%**. 7.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.6%**. 12.6% on shareholders' equity is solid.
- **Return on invested capital: 10.2%**. Return on all capital, debt included, is 10.2%.
- **Return on assets: 3.6%**. Each dollar of assets produces 3.6% of profit.

## Growth
- **Revenue growth (1 yr): 0.6%** (3-yr -1.2%/yr, 5-yr -1.3%/yr). Revenue grew 0.6% over the last year, against -1.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 38.9%** (3-yr 166.2%/yr, 5-yr 17.9%/yr). Earnings per share rose 38.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 2.8%/yr**. Free cash flow has compounded at 2.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Current ratio: 1.27** (quick 1.27). Current assets cover the next year's liabilities 1.27 times.
- **Altman Z-score: 2.48**. A Z-score of 2.48 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Criteo S.A. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Criteo S.A.; the consensus is buy, with an average price target of $20.05 (+32% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -34.6%** (YTD -27.4%, 3-mo -29.9%). The shares are down 34.6% over twelve months including dividends.
- **From 52-week high: -40.0%** (8.7% above the low). Trading 40% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 0.44** (volatility 56%). Beta of 0.44 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CRTO · Page: https://foliofundamentals.com/stocks/crto

Not investment advice.
