Advertising stocks: intrinsic value, ROIC & growth

18 U.S. advertising companies with at least three years of SEC filings, ranked by size. 3 of the 6 with a current price trade below their Graham intrinsic value. The median company earned a 6.8% average return on invested capital and grew revenue 1.5% a year.

Updated October 18, 2026

18companies
3below Graham value
6.8%median 10-yr ROIC
1.5%median revenue CAGR

Highest-ROIC advertising stocks

Ticker Company 10-yr ROIC Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
CCO Clear Channel Outdoor Holdings, Inc. 5.2% $2.42 — — $1.2B 5.2% -1.6%

All advertising stocks

Ticker Company Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
IBTA Ibotta, Inc. $47.84 $3.99 1099% above $1.4B 132.5% 17.6%
CCO Clear Channel Outdoor Holdings, Inc. $2.42 — — $1.2B 5.2% -1.6%
MNTN MNTN, Inc. $10.16 — — $517.2M 6.8% 28.6%
ANGI Angi Inc. $6.20 $31.22 80% below $288.0M -0.7% 8.4%
NCMI National CineMedia, Inc. $2.06 — — $194.0M 4.4% -6.5%
PSQH PSQ Holdings, Inc. $3.30 — — $150.3M 482.2% 237.2%
FLNT Fluent, Inc. $2.72 $0.28 871% above $70.6M -24.8% 1.2%
TZOO TRAVELZOO $5.03 $1.94 159% above $57.7M -145.4% -2.4%
THRY Thryv Holdings, Inc. $1.21 — — $53.8M 8.2% -8.9%
TGLO THEGLOBE COM INC $0.11 — — $48.6M 33.4% —
IZEA IZEA Worldwide, Inc. $2.28 — — $41.7M -126.6% 1.5%
SNPW Sun Pacific Holding Corp. $0.03 — — $25.3M 48.2% -2.1%
MOBQ Mobiquity Technologies, Inc. $0.47 — — $10.0M -997.1% -28.4%
ADMQ ADM ENDEAVORS, INC. $0.04 $0.07 43% below $7.7M 76.1% 45.8%
INUV Inuvo, Inc. $0.43 — — $6.3M -44.9% 2.1%
ONAR Onar Holding Corp $0.00 — — $490.5K 1295.8% 5.8%
DRCT Direct Digital Holdings, Inc. $0.32 $1.09 71% below $98.6K -53.5% -2.3%
BLIS NAPC Defense, Inc. $0.01 — — $26.8K 10.6% 41.1%

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