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CRTO

9/9 Score

Criteo S.A.

Analysis Date: February 16, 2026

Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include lookalike finder, recommendation, and predictive bidding algorithms; bidding engine that executes campaigns based on certain objectives set by its clients; dynamic creative optimization+, which assembles customized creative advertising content by optimizing each individual creative component in the advertisement; software systems and processes, which enable data synchronization, storage, and analysis of distributed computing infrastructure in various geographies; and experimentation platform, an offline/online testing platform to enhance the capabilities and effectiveness of prediction models. The company also provides Criteo Marketing Solutions that allow commerce companies to address various marketing goals by engaging their consumers with personalized ads across the web, mobile, and offline store environments; and Criteo Retail Media solutions, which allows retailers to generate advertising revenues from consumer brands, and/or to drive sales for themselves, by monetizing their data and audiences through personalized ads, either on their own digital property or on the open Internet. In addition, it offers real-time access to advertising inventory through its publisher partners; consulting services to companies in distance sales; and business intelligence and analytics services. It serves companies in digital retail, travel, and classifieds industries. Criteo S.A. was incorporated in 2005 and is headquartered in Paris, France.

Buffettology Criteria

All 9 of 9 criteria passed

  • High ROE

    Return on Equity > 12%

    Value: 12.9%

  • High ROIC

    Return on Invested Capital > 9%

    Value: 10.7%

  • Cash Machine

    FCF / Assets > 5%

  • Fair Valuation

    Earnings Yield > 3.5%

    Value: 15.4%

  • Share Buybacks

    Share Count is Dropping

    Value: -3.4%

  • Defensible Moat

    Gross Profit Margin > 40%

    Value: 54.0%

  • Simple Business

    Not in a speculative sector (e.g., Biotech)

    Value: Communication Services

  • Conservative Debt

    Debt to Equity < 1.5

    Value: 0.12x

  • Consistent Growth

    5-Year Growth is Positive

    Value: 139.7%

Analysis Summary

This business, CRTO, shows a truly compelling profile with all nine of our key criteria comfortably in the green. The strong returns on equity and invested capital, coupled with a lean debt structure, suggest a well-managed enterprise. Add to that a solid moat and the potential for consistent growth, and this looks like a business worth keeping a close, long-term eye on.

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