Tag Archives: ZD

Ziff Davis (ZD), mcap=$3.4bn, price $72.66 vs $82.00

Operator and serial acquirer of web-properties trading under 9x EBITDA and runway for further consolidation and growth in the mid-term. Parent of the recent $CCSI spin-off – investors still anchor valuation to the spun-out legacy fax assets. Current assets include Pcmag.com, Mashable, and BabyCenter). Earns revenues from advertising and subscriptions. Over the last 5 years grew revenues and EBITDA at a 20% CAGR. Platform to grow via a proven M&A strategy – 500 opportunities evaluated during 2021 alone. Management aims to double the size of the business every 5 to 6 years.