DV DV

Name: DV Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored April 5, 2026

Price at analysis: $9.94

Crucible Score

69.5

Quality × Value Composite

KQI — Quality

64.4

B-

Fundamental Quality Index

KVI — Value

75.7

B+

Valuation Attractiveness Index

Crucible Verdict — DV

DV scores a solid B grade driven by strong value metrics (75.7 KVI) that offset weaker quality fundamentals (64.4 KQI), with notable moat durability but concerning diversification weaknesses and management execution issues. The stock trades at a 43% discount to fair value despite insider selling and a poor 44% earnings beat rate. The valuation gap suggests potential upside if management can execute more consistently.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

67.3

Growth Profile⚠

67.0

Moat Durability

80.1

Management Effectiveness⚠

51.5

Diversification & Resilience

33.2

Market Position

58.0

Weakest dimension: Diversification & Resilience (33.2)

◆ KVI Value Dimensions

DCF Margin of Safety

77.4

FCF Yield & Cash Returns

87.6

Relative Valuation

83.5

Growth-Adjusted Value

37.2

Historical Valuation

94.5

Macro Context

65.1

◆ DCF Valuation Scenarios

Bear Case

$8.42

Base Case

$14.18

Bull Case

$22.35

Price at Analysis

$9.94

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$8.42	6.0%	10.0%	10.2%
🟢 Base	$14.18	10.0%	13.0%	9.3%
🟢 Bull	$22.35	14.0%	16.0%	8.5%

Key Assumptions: Revenue grew at a 5-year CAGR of ~22% but decelerated to ~14% in the most recent year, so base case assumes moderation to 10% CAGR over the next 5 years tapering to mid-single digits thereafter. Operating margins have ranged from 8-15% historically with recent compression to ~10.6%; base case assumes gradual recovery to 13% terminal margin while bear assumes continued pressure at 10% and bull assumes expansion to 16%. WACC derived from CAPM with 5.5% ERP, adjusted modestly across scenarios to reflect risk differentials, with tax rate normalized at 28% given recent actuals excluding the anomalous negative rate year.

◆ Financial Snapshot

Profitability

Gross Margin82.2%

Operating Margin10.6%

Net Margin6.8%

ROIC4.0%

ROE4.8%

Balance Sheet

Balance SheetCR: 4.27

Cash ConversionFCF/EPS: 3.42x

Capital IntensityCapex/Rev: 5.1%

Altman Z-Score5.76 (Safe)

Piotroski F-Score7/9 (Good)

Growth

Revenue CAGR22.5% CAGR

Earnings CAGR14.7% CAGR

Growth ConsistencyCV: 0.56

Segment BreadthNo data

Quarterly TrendRev↘+8%, Margin↑, WC↓, Exp↓

Earnings CredibilityConsistent Misser

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership3.6%

Insider ActivitySelling

Capital AllocationROIC 4.0% vs WACC 1.4%

Earnings Beat Rate44% (8/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted April 5, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.