TTD - NASDAQ

The Trade Desk, Inc.

The Trade Desk, Inc.

TTDยทNASDAQ

$20.56

-0.15%
Communication ServicesAdvertising Agencies

Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$9.67B
EPS0.9200
P/E Ratio22.35
Earnings Date08/06/2026
The Trade Desk, Inc.

The Trade Desk, Inc. Fair Value Envelope

TTD ยท NASDAQ

Our analysis suggests that TTD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $20.56, this represents a potential HIDDEN relative to our calculated worth for The Trade Desk, Inc..

HIDDEN
Intrinsic Value
Current Price: $20.56

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$98.9B
+ Cash & Equivalents$658.2M
Firm Value$99.6B
- Debt$436.3M
Equity Value$99.2B
/ Shares Outstanding491,805,597B
DCF Value$202
UNDERVALUED BY 881%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.2B
$1.6B
$2.0B
$2.5B
$3.1B
$3.9B
$5.0B
$6.2B
$7.8B
$9.9B
Maintenance CapEx
-$49.6M
-$62.4M
-$78.5M
-$98.8M
-$124.3M
-$156.4M
-$196.7M
-$247.5M
-$311.5M
-$391.9M
Owner Earnings
$1.2B
$1.5B
$1.9B
$2.4B
$3.0B
$3.8B
$4.8B
$6.0B
$7.5B
$9.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.1B
$1.3B
$1.5B
$1.8B
$2.0B
$2.4B
$2.8B
$3.2B
$3.8B
$4.4B
Terminal Value represents 75.5% of Enterprise Value

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5

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