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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Alphabet | United States of America | Search Engines, AdTech Software, Streaming, Cloud Infrastructure, AI Conglomerates, Productivity Software | $314 | $3.73T | 9.3x | 21.1x |
| Meta | United States of America | Social Networks, AdTech Software, AI Conglomerates, VR & AR | $659 | $1.67T | 8.4x | 13.7x |
| AppLovin | United States of America | AdTech Software | $699 | $238B | 41.7x | 53.8x |
| Baidu | Hong Kong | Search Engines, AdTech Software, Streaming, Cloud Infrastructure, AI Conglomerates, Productivity Software | HKD 119 | $38.2B | 2.1x | 11.8x |
| theTradeDesk | United States of America | AdTech Software | $38 | $17.5B | 6.1x | 14.9x |
| Amdocs | United States of America | Communication & Collaboration Software, Video & Streaming Software, AdTech Software | $82 | $9.3B | 2.0x | 8.1x |
| Zeta Global | United States of America | AdTech Software, Sales & Marketing Automation Software | $20 | $4.8B | 3.8x | 17.6x |
| CyberAgent | Japan | Advertising & Marketing, AdTech Software | JPY 1349 | $3.4B | 0.6x | 6.7x |
| Mobvista | Hong Kong | AdTech Software | HKD 15 | $2.8B | 1.4x | N/A |
| Affle 3i | India | AdTech Software | INR 1758 | $2.6B | 8.9x | 40.1x |
| Magnite | United States of America | AdTech Software | $16 | $2.5B | 3.7x | 10.9x |
| Easy Click Worldwide | China | AdTech Software | CNY 35 | $2.0B | 4.1x | 53.5x |
| DoubleVerify | United States of America | AdTech Software, BI & Analytics Software | $12 | $1.8B | 2.3x | 7.2x |
| Five9 | United States of America | Communication & Collaboration Software, AdTech Software | $20 | $1.7B | 1.5x | 6.4x |
| LiveRamp | United States of America | AdTech Software | $30 | $1.5B | 1.9x | 8.9x |
| SEMrush | United States of America | Sales & Marketing Automation Software, AdTech Software, BI & Analytics Software | $12 | $1.5B | 3.4x | 21.0x |
| Vobile | Hong Kong | Content Management Software, AdTech Software | HKD 4 | $1.4B | 3.6x | 21.2x |
| Taboola | United States of America | AdTech Software, Online Content & News | $5 | $1.4B | 0.7x | 6.4x |
| Yext | United States of America | Content Management Software, AdTech Software | $8 | $1.0B | 2.3x | 10.2x |
| Digital Turbine | United States of America | AdTech Software | $5 | $944M | 1.8x | 10.2x |
| Criteo | United States of America | AdTech Software | $20 | $852M | 0.7x | 2.1x |
| MNTN | United States of America | AdTech Software | $12 | $848M | N/A | N/A |
| MediaAlpha | United States of America | Lead Generation, AdTech Software, B2B Marketplaces | $13 | $844M | 0.8x | 7.5x |
| Verve Group | Sweden | AdTech Software | SEK 19 | $835M | 1.3x | 5.4x |
| Sprout Social | United States of America | Communication & Collaboration Software, Sales & Marketing Automation Software, AdTech Software | $11 | $635M | 1.4x | 11.9x |
| Teads Holding | United States of America | AdTech Software | $1 | $588M | 0.5x | 6.9x |
| Septeni Holdings | Japan | AdTech Software | JPY 485 | $526M | 2.6x | 17.2x |
| Thryv | United States of America | AdTech Software | $6 | $522M | 0.7x | 3.5x |
| TechTarget | United States of America | B2B Marketplaces, AdTech Software | $5 | $463M | 1.0x | 5.5x |
| Ibotta | United States of America | Loyalty & Coupons, Lead Generation, Consumer Marketplaces, Horizontal Marketplaces, AdTech Software | $22 | $399M | 1.2x | 6.6x |
| Azerion Group | Netherlands | Gaming - Mobile, Gaming - Console & PC, AdTech Software | €1 | $379M | 0.6x | 7.1x |
| PubMatic | United States of America | AdTech Software | $9 | $324M | 1.2x | 6.0x |
| AnyMind Group | Japan | Sales & Marketing Automation Software, AdTech Software, BI & Analytics Software | JPY 617 | $243M | 0.7x | 9.8x |
| Cardlytics | United States of America | Loyalty & Coupons, AdTech Software | $1 | $240M | 1.0x | 50.5x |
| Team Internet | United Kingdom of Great Britain and Northern Ireland | AdTech Software | £0 | $238M | 0.5x | 5.7x |
| Nexxen | United States of America | AdTech Software | $7 | $230M | 0.6x | 2.0x |
| Eva Live | United States of America | AdTech Software, Communication & Collaboration Software | $6 | $189M | N/A | N/A |
| Easou | Hong Kong | Online Content & News, AdTech Software | HKD 3 | $154M | N/A | N/A |
| Echo Marketing | South Korea | AdTech Software | KRW 10670 | $143M | 0.5x | 3.4x |
| i-mobile Co. | Japan | AdTech Software | JPY 504 | $140M | 1.0x | N/A |
| Geniee | Japan | AdTech Software | JPY 1064 | $135M | 1.9x | N/A |
| Fan Communications | Japan | AdTech Software | JPY 511 | $123M | 2.8x | N/A |
| MicroAd | Japan | AdTech Software | JPY 672 | $119M | 1.2x | N/A |
| Perion | Israel | AdTech Software | ILS 31 | $107M | 0.2x | 2.4x |
| Brightcom Group | India | AdTech Software | INR 10 | $104M | N/A | N/A |
| Fluent | United States of America | AdTech Software | $3 | $95.0M | 0.5x | -13.2x |
| Brave Bison Group | United Kingdom of Great Britain and Northern Ireland | AdTech Software | £1 | $89.7M | 2.1x | 10.9x |
| Agile Content | Spain | Content Management Software, AdTech Software | €2 | $88.2M | 0.9x | 8.0x |
| Cloud Technologies S.A. | Poland | AdTech Software | PLN 66 | $81.4M | N/A | N/A |
| Adveritas | Australia | AdTech Software | AUD 0 | $77.4M | 10.8x | -24.7x |
| Vertoz | India | AdTech Software | INR 74 | $72.0M | N/A | N/A |
| Zoomd | Canada | AdTech Software | CAD 1 | $67.5M | N/A | N/A |
| comScore | United States of America | AdTech Software | $7 | $63.9M | 0.2x | 1.5x |
| Viant | United States of America | AdTech Software | $12 | $60.3M | 0.3x | 1.1x |
| Unerry | Japan | AdTech Software | JPY 2609 | $51.8M | 1.9x | N/A |
| EQ Inc. | Canada | Advertising & Marketing, AdTech Software | CAD 1 | $50.2M | N/A | N/A |
| Investor.bg | Bulgaria | Online Content & News, AdTech Software | BGN 22 | $49.9M | N/A | N/A |
| ad pepper media | Germany | AdTech Software | €3 | $49.8M | 0.7x | 9.1x |
| ISPD Network | France | Advertising & Marketing, AdTech Software | €2 | $47.8M | 0.3x | 10.1x |
| Yoc | Germany | AdTech Software | €10 | $43.0M | 0.9x | 9.0x |
| Adtraction Group | Sweden | Advertising & Marketing, AdTech Software | SEK 29 | $40.7M | 0.3x | 7.0x |
| TradeDoubler | Sweden | Advertising & Marketing, AdTech Software | SEK 6 | $39.6M | 0.2x | 3.3x |
| Triboo | Italy | Advertising & Marketing, AdTech Software | €0 | $36.6M | N/A | N/A |
| Artist Co | South Korea | AdTech Software | KRW 3970 | $31.3M | N/A | N/A |
| Mobiquity Technologies | United States of America | Advertising & Marketing, AdTech Software | $1 | $27.1M | N/A | N/A |
| All About | Japan | AdTech Software, Online Content & News | JPY 397 | $26.1M | 0.3x | N/A |
| IZEA Worldwide | United States of America | AdTech Software | $4 | $24.7M | 0.8x | 22.2x |
| AdUX | France | Advertising & Marketing, AdTech Software | €2 | $19.5M | 0.7x | 3.8x |
| ValueCommerce Co | Japan | AdTech Software | JPY 668 | $19.4M | 0.1x | 0.7x |
| Direct Digital Holdings | United States of America | AdTech Software | $0 | $18.7M | 0.5x | -1.8x |
| ViewBix | United States of America | AdTech Software | $1 | $13.9M | N/A | N/A |
| Raketech Group Holding | Sweden | Advertising & Marketing, AdTech Software | SEK 2 | $11.6M | 0.3x | 1.2x |
| KT Nasmedia | South Korea | AdTech Software | KRW 12980 | $11.4M | 0.1x | 0.7x |
| Adways | Japan | AdTech Software | JPY 269 | $10.7M | 0.1x | N/A |
| Silver Bullet Data | United Kingdom of Great Britain and Northern Ireland | Advertising & Marketing, AdTech Software | £0 | $10.5M | 0.7x | -15.5x |
| visumo | Japan | AdTech Software | JPY 919 | $7.5M | 1.4x | N/A |
| Digitree Group | Poland | Advertising & Marketing, AdTech Software | PLN 10 | $6.6M | N/A | N/A |
| Thinc Collective | Sweden | Advertising & Marketing, AdTech Software | SEK 2 | $6.6M | N/A | N/A |
| Tourn International | Sweden | AdTech Software, Sales & Marketing Automation Software, B2B Marketplaces | SEK 4 | $4.0M | N/A | N/A |
| Woodpecker.co | Poland | Sales & Marketing Automation Software, AdTech Software | PLN 3 | $3.7M | N/A | N/A |
| Vado Corp. | United States of America | AdTech Software | $0 | $2.0M | N/A | N/A |
| Foothills | Poland | Advertising & Marketing, AdTech Software | PLN 1 | $1.7M | N/A | N/A |
| Adverty | Sweden | Advertising & Marketing, AdTech Software | SEK 0 | $1.6M | N/A | N/A |
| Sociallite US | Sweden | Advertising & Marketing, AdTech Software | SEK 1 | $1.5M | N/A | N/A |
| BrightBid Group | Sweden | AdTech Software | SEK 0 | $1.3M | 0.2x | -0.4x |
| Cheetah Mobile | Germany | AdTech Software, Consumer Apps | €5 | -$62.7M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 30, 2025. Financial data powered by Morningstar and FactSet.
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