Stocktoria
PubMatic, Inc. PUBM
PubMatic, Inc. (PUBM) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $282.9M at a -5.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.22 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.216 |
| Retained earnings / assets | 0.198 |
| EBIT / assets | -0.025 |
| Equity / liabilities | 0.629 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| PUBM | PubMatic, Inc. | 5/9 | 2.55 | — | -2.9% |
| SMWB | SIMILARWEB LTD. | 4/9 | -6.63 | — | +13.1% |
| HSTM | HEALTHSTREAM INC | 5/9 | 3.21 | 42.6 | +4.3% |
| NXDR | Nextdoor Holdings, Inc. | 4/9 | 6.62 | — | +4.2% |
| HCAT | Health Catalyst, Inc. | 5/9 | -8.96 | — | +1.5% |
| CDLX | Cardlytics, Inc. | 5/9 | -17.09 | — | -16.2% |
| YALA | Yalla Group Ltd | 4/9 | 17.01 | 5.5 | +0.7% |
About PubMatic, Inc.
PubMatic, Inc., a technology company, engages in the provision of a cloud infrastructure platform that enables real time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell side platform for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides OpenWrap, a header bidding solution; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology infrastructure to simplify alternative identifier marketplace. Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over the top video, connected television, and media. The company was incorporated in 2006 and is based in Redwood City, California.
FAQ
Is PUBM financially healthy?
PubMatic, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does PUBM pay a dividend?
No, PubMatic, Inc. does not currently pay a dividend.
How profitable is PUBM?
In FY2025, PubMatic, Inc. had a net margin of -5.1% and a return on equity of -5.5%.
Is PUBM overvalued or undervalued?
PubMatic, Inc. trades at about 74.7× trailing earnings — above its 10-year norm (10-year range 24.5×–94.9×, median 65.7×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for PUBM?
The average Wall-Street price target for PubMatic, Inc. is $12.89, about 25.0% below the recent price, from 9 analysts (consensus: buy).
Is PUBM a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on PubMatic, Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.