TBLATaboola.com Ltd.
Is the business good?
A genuinely good business: earnings fully cash-backed (2.1×) and margins widening.
Operating profit is fully backed by cash. Conversion is worsening vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
A balanced mix of margins, efficiency, and leverage. ROE 8% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is TBLA?
Taboola.com Ltd. earns 11% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 2.4 points above what the capital costs: growth creates value
- Operating margin
- 6.5%
Operating margin · Internet Content & Information median 4.9% · 12 months to Q2 2026
- Cash conversion
- 2.05×
Cash conversion · 5.76× a year ago · operating cash flow covers the operating profit after tax
- R&D as % of revenue
- 7.8%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | 2.2% |
| FY2021 | −0.96% |
| FY2022 | −0.98% |
| FY2023 | −4.4% |
| FY2024 | 1.5% |
| FY2025 | 2.3% |
Details›
- Gross margin12 months to Q2 2026
- 30%
- Operating margin12 months to Q2 2026
- 6.5%
- Net margin12 months to Q2 2026
- 6.0%
- Free cash flow margin
- 10%
- R&D as % of revenue
- 7.8%
- Revenue, trailing twelve months
- $1.96B
- Free cash flow, trailing twelve months
- $201M
- Net income, trailing twelve months
- $119M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 11%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Internet Content & Information
Ranks #15 of 31 by RyuScore