Criteo S.A.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
18.3210.72
Price/Sales ratio
1.241.11
Earnings per Share (EPS)
$1.26$2.16

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
57.0145.0931.6218.5917.0312.2817.4117.55174.6726.70208.6317.03
Price/Sales ratio
2.622.051.440.730.650.490.601.040.770.720.920.65
Price/Book Value ratio
5.735.614.331.921.601.101.112.021.491.311.781.60
Price/Cash Flow ratio
22.3519.7916.956.905.795.006.7310.686.106.347.295.79
Price/Free Cash Flow ratio
37.4943.2638.0713.7510.507.9510.5714.229.1310.7910.9110.50
Price/Earnings Growth ratio
0.021.820.892.41-3.402.04-1.110.20-1.870.05-2.43-3.40
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
35.90%35.65%35.84%35.68%36.26%36.65%33.19%34.68%39.42%44.27%39.42%36.26%
Operating Profit Margin
5.37%5.82%6.72%6.00%6.39%6.24%5.25%6.73%1.20%3.96%1.20%6.24%
Pretax Profit Margin
6.52%5.48%6.69%5.58%6.17%5.99%5.15%6.82%2.08%3.83%2.08%5.99%
Net Profit Margin
4.61%4.54%4.57%3.97%3.85%4.01%3.45%5.96%0.44%2.73%0.44%4.01%
Effective Tax Rate
27.26%13.27%27.50%24.66%32.49%29.15%30.12%10.51%74.14%26.87%74.14%32.49%
Return on Assets
6.07%7.02%6.79%5.95%5.55%5.06%3.86%6.77%0.38%2.19%0.38%5.06%
Return On Equity
10.05%12.44%13.70%10.34%9.39%9.00%6.41%11.55%0.85%4.93%0.82%9.00%
Return on Capital Employed
11.45%15.62%17.50%15.14%14.83%11.96%8.68%11.58%1.91%6.17%1.91%11.96%
Liquidity Ratios
Current Ratio
2.181.851.421.591.541.63N/AN/AN/AN/A1.161.63
Quick Ratio
2.181.841.421.591.541.631.771.871.141.141.101.63
Cash ratio
1.340.990.520.660.600.680.810.760.320.280.320.68
Days of Sales Outstanding
87.3880.0092.5476.9375.1991.7898.81109.03128.29167.43147.9575.19
Days of Inventory outstanding
N/A1.310.770.80N/AN/AN/AN/A7.46N/AN/AN/A
Operating Cycle
87.3881.3293.3277.7375.1991.7898.81109.03135.76167.4336.4891.78
Days of Payables Outstanding
103.43117.11115.67103.04105.9099.4496.75106.66221.93281.71221.93105.90
Cash Conversion Cycle
-16.05-35.79-22.35-25.30-30.70-7.652.062.37-86.17-114.28-73.98-7.65
Debt Ratios
Debt Ratio
N/A0.010.060.000.000.000.00N/AN/A0.000.530.00
Debt Equity Ratio
N/A0.020.130.000.010.000.00N/AN/A0.001.200.01
Long-term Debt to Capitalization
N/A0.000.110.00N/AN/AN/AN/AN/AN/A0.06N/A
Total Debt to Capitalization
N/A0.020.120.000.010.000.00N/AN/A0.000.090.01
Interest Coverage Ratio
91.18116.89106.7056.0581.9080.41N/AN/AN/AN/A15.9780.41
Cash Flow to Debt Ratio
N/A13.371.8588.2919.7761.2864.15N/AN/A66.162.3561.28
Company Equity Multiplier
1.651.772.011.731.691.771.651.702.242.252.241.69
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.100.080.100.110.090.080.090.120.110.120.11
Free Cash Flow / Operating Cash Flow Ratio
0.590.450.440.500.550.620.630.750.660.580.660.55
Cash Flow Coverage Ratio
N/A13.371.8588.2919.7761.2864.15N/AN/A66.162.3561.28
Short Term Coverage Ratio
N/A20.7027.78249.9519.7761.2864.15N/AN/A66.168.2561.28
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A