Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Basket: Online Marketing
Median physical 7.6%
Median FAT 9.99x
Median capex/D&A 0.22x
Median ROIC 14.4%
| Symbol | Name | Sector | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF yield | ROIC | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| PUBM.US | Pubmatic Inc | Technology | 13.3%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$90.81MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$680.20MtotalAssetsInventory was not reported and is treated as zero.Result 13.3% | 3.12xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$282.93MtotalRevenueNet PP&E$90.81MpropertyPlantAndEquipmentNetResult 3.12x | 0.33xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$14.35McapitalExpendituresD&A$43.77MdepreciationAndAmortizationResult 0.33x | $4.90Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$680.20MtotalAssetsGoodwill$29.58MgoodWillIntangibles$2.70MintangibleAssetsLiabilities$417.61MtotalLiabTangible book$230.31MShares47,008,000commonStockSharesOutstandingResult $4.90 | —Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$27.82MebitdaCapex$14.35McapitalExpendituresInterest—Not reportedShort-term debt$6.95MshortTermDebtEBITDA − capex$13.47MPrincipal due is short-term debt.Result — | 8.8%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow$66.71MfreeCashFlowMarket cap$755.68MMarketCapitalizationResult 8.8% | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$17.26MoperatingIncomeTax expense-$1.49MincomeTaxExpensePretax income-$15.95MincomeBeforeTaxTax rate—Equity$262.59MtotalStockholderEquityDebt$43.86MshortLongTermDebtTotalCash$145.52McashInvested capital$160.93MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | Asset-light |
| DV.US | DoubleVerify Holdings Inc | Communication Services | 12.6%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$170.19MpropertyPlantEquipmentInventory$0.00Not reported, treated as 0Total assets$1.35BtotalAssetsInventory was not reported and is treated as zero.Result 12.6% | 4.40xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$748.29MtotalRevenueNet PP&E$170.19MpropertyPlantEquipmentResult 4.40x | 0.68xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$38.53McapitalExpendituresD&A$56.58MdepreciationAndAmortizationResult 0.68x | $3.08Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.35BtotalAssetsGoodwill$516.00MgoodWillIntangibles$101.62MintangibleAssetsLiabilities$222.75MtotalLiabTangible book$513.71MShares166,683,000commonStockSharesOutstandingResult $3.08 | 5.77xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$141.02MebitdaCapex$38.53McapitalExpendituresInterest$1.73MinterestExpenseShort-term debt$16.04MshortTermDebtEBITDA − capex$102.49MPrincipal due is short-term debt.Result 5.77x | 8.2%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow$172.65MfreeCashFlowMarket cap$2.12BMarketCapitalizationResult 8.2% | 5.0%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$79.20MoperatingIncomeTax expense$32.06MincomeTaxExpensePretax income$82.71MincomeBeforeTaxTax rate38.8%Equity$1.13BtotalStockholderEquityDebt$99.55MshortLongTermDebtTotalCash$259.04McashAndEquivalentsInvested capital$971.85MResult 5.0% | Asset-light |
| PTC.US | PTC Inc | Technology | 2.7%Physical asset ratio · 2025-09-30(Net PP&E + inventory) / total assetsNet PP&E$175.82MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$6.62BtotalAssetsInventory was not reported and is treated as zero.Result 2.7% | 15.58xFixed asset turnover · 2025-09-30Revenue / net PP&ERevenue$2.74BtotalRevenueNet PP&E$175.82MpropertyPlantAndEquipmentNetResult 15.58x | 0.08xCapex / D&A · 2025-09-30Capital expenditures / depreciation and amortizationCapex$11.01McapitalExpendituresD&A$135.42MdepreciationAndAmortizationResult 0.08x | -$4.07Tangible book / share · 2025-09-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$6.62BtotalAssetsGoodwill$3.49BgoodWillIntangibles$824.66MintangibleAssetsLiabilities$2.79BtotalLiabTangible book-$491.75MShares120,777,000commonStockSharesOutstandingResult -$4.07 | 10.99xFixed-charge coverage · 2025-09-30(EBITDA − capex) / (interest + short-term debt)EBITDA$1.13BebitdaCapex$11.01McapitalExpendituresInterest$77.02MinterestExpenseShort-term debt$25.00MshortLongTermDebtEBITDA − capex$1.12BPrincipal due is the current portion of debt.Result 10.99x | 4.1%Free cash flow yield · 2025-09-30Latest free cash flow / current market capFree cash flow$856.69MfreeCashFlowMarket cap$21.05BMarketCapitalizationResult 4.1% | 15.6%ROIC · 2025-09-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$982.39MoperatingIncomeTax expense$186.18MincomeTaxExpensePretax income$920.18MincomeBeforeTaxTax rate20.2%Equity$3.83BtotalStockholderEquityDebt$1.37BshortLongTermDebtTotalCash$184.42McashInvested capital$5.01BResult 15.6% | Asset-light |
| RAMP.US | Liveramp Holdings Inc | Technology | 1.8%Physical asset ratio · 2026-03-31(Net PP&E + inventory) / total assetsNet PP&E$23.40MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$1.29BtotalAssetsInventory was not reported and is treated as zero.Result 1.8% | 34.75xFixed asset turnover · 2026-03-31Revenue / net PP&ERevenue$812.94MtotalRevenueNet PP&E$23.40MpropertyPlantAndEquipmentNetResult 34.75x | 0.10xCapex / D&A · 2026-03-31Capital expenditures / depreciation and amortizationCapex$1.38McapitalExpendituresD&A$13.40MdepreciationAndAmortizationResult 0.10x | $7.27Tangible book / share · 2026-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.29BtotalAssetsGoodwill$502.07MgoodWillIntangibles$9.17MintangibleAssetsLiabilities$322.20MtotalLiabTangible book$460.75MShares63,382,000commonStockSharesOutstandingResult $7.27 | 11.35xFixed-charge coverage · 2026-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA$111.46MebitdaCapex$1.38McapitalExpendituresInterest$32.00KinterestExpenseShort-term debt$9.67MshortTermDebtEBITDA − capex$110.09MPrincipal due is short-term debt.Result 11.35x | 7.2%Free cash flow yield · 2026-03-31Latest free cash flow / current market capFree cash flow$167.56MfreeCashFlowMarket cap$2.32BMarketCapitalizationResult 7.2% | 14.4%ROIC · 2026-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$88.46MoperatingIncomeTax expense-$46.71MincomeTaxExpensePretax income$98.06MincomeBeforeTaxTax rate0.0%Equity$971.98MtotalStockholderEquityDebt$29.57MshortLongTermDebtTotalCash$387.05McashAndShortTermInvestmentsInvested capital$614.50MResult 14.4% | Asset-light |