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Compare Stocks › BRK-B vs TTD

Berkshire Hathaway Inc. (BRK-B) vs The Trade Desk, Inc. (TTD)

BRK-B
Berkshire Hathaway Inc.
$481.48
VS
TTD
The Trade Desk, Inc.
$23.51

Rewards

BRK-B
  • ★Each dollar of retained earnings has created $1.66 of market value — management is creating shareholder value.
  • ★Net debt/EBITDA of -2.2x means the company holds more cash than debt — a net cash position.
TTD
  • ★Gross margin of 78.6% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Free cash flow has grown at a 19.7% CAGR over the past 4 years, demonstrating strong earnings power growth.
  • ★Management has timed buybacks well — 3 out of 3 years showed value-accretive repurchases.

Risks

BRK-B
  • ⚠Berkshire Hathaway Inc. scores only 16/100 on the Economic Moat Score, suggesting limited durable competitive advantages.
  • ⚠Trailing P/E of 15.5x is 75% above the historical average of 8.9x — the stock trades at a premium to its own history.
TTD
  • ⚠FCF yield of 7.0% suggests reasonable valuation assuming continued moderate growth.
  • ⚠PEG ratio of 3.48 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.

Key Valuation Metrics

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BRK-B
TTD
Valuation
$36.80B
Free Cash Flow
$782.96M
3.54%
FCF Yield
7.00%
15.50
Trailing P/E
26.12
22.11
Forward P/E
9.87
Quality & Moat
11.31%
ROIC
23.76%
9.30%
ROE
17.84%
26.15%
Gross Margin
78.63%
N/A
PEG Ratio
3.48
Balance Sheet Safety
0.19
Debt / Equity
0.18
N/A
Interest Coverage
N/A
-2.15
Net Debt / EBITDA
-1.26
N/A
Dividend Yield
N/A
BRK-B: 3Ties: 1TTD: 6
BRK-BTTD

Historical Fundamentals

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BRK-B

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

TTD

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

$1 Retained Earnings Test

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BRK-B
$1.66
created per $1 retained over 3 years
Value Creator
Σ Retained
$252.19B
Δ Market Cap
+$417.98B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
TTD
$-3.86
created per $1 retained over 3 years
Market Cap Declined
Σ Retained
$1.02B
Δ Market Cap
$-3.92B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Discounted Cash Flow (DCF) Analysis

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BRK-B
31.1% Margin of Safety
Price is 31.1% below estimated fair value
Current Price: $481.48
Fair Value: $699.14
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
TTD
29.7% Margin of Safety
Price is 29.7% below estimated fair value
Current Price: $23.51
Fair Value: $33.44
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued

Reverse DCF — Market-Implied Growth

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BRK-B

What growth rate is the market pricing in at $481?

+0.7%
Market-Implied Owner Earnings Growth
Standard FCF implies +8.8%

The market implies +0.7% Owner Earnings growth, above historical trends.

Standard FCF implies a demanding +8.8%, reflecting heavy growth investment.

TTD

What growth rate is the market pricing in at $24?

+9.8%
Market-Implied Owner Earnings Growth
Standard FCF implies +2.0%

The market implies +9.8% Owner Earnings growth, below historical trends — potential opportunity.

Standard FCF implies a more demanding +2.0%, reflecting heavy growth investment expected to generate future returns.

Economic Moat Score

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BRK-B
16/100
No Moat
70+ Wide · 40-69 Narrow · <40 None

No durable moat detected, though reinvestment efficiency shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
TTD
59/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None

Narrow moat with revenue predictability as the key competitive advantage. Improving margin stability would strengthen the moat.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.

Forensic Accounting

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BRK-B
-2.41
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
TTD
-3.05
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Ownership Breakdown

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BRK-B
Insiders 0.3%Institutions 66.2%Retail & Other 33.5%
No. of Institutional Holders5,852
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
TTD
Insiders 0.7%Institutions 85.2%Retail & Other 14.0%
No. of Institutional Holders1,339
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

Insider Buying Activity

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BRK-B
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
TTD
1
Buys (3M)
1
Buys (12M)
Total value (12M): $148.10M
GREEN JEFFREY TERRY
Chief Executive Officer
$148.10M
@ $24.68 · 2026-03-04
Open market purchases · includes direct & indirect ownership · excludes option exercises

Open market purchases · includes direct & indirect ownership · excludes option exercises.

Insider Selling Activity

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BRK-B
0
Sells (3M)
0
Sells (12M)
No open market insider sales found.
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
TTD
0
Sells (3M)
5
Sells (12M)
Total value (12M): $7.85M
CUNNINGHAM ANDREA LEE
Director
$67,625
@ $48.20 · 2025-09-10
GRANT JAY R
Officer
$4.68M
@ $91.18 · 2025-08-07
SCHENKEIN LAURA
Chief Financial Officer
$368,662
@ $76.66 · 2025-05-16
WELLS DAVID B
Director
$2.29M
@ $79.88 · 2025-05-13
SCHENKEIN LAURA
Chief Financial Officer
$446,180
@ $70.00 · 2025-05-09
JACOBSON SAMANTHA
Officer and Director
$509,551
@ $118.56 · 2025-01-28
GRANT JAY R
Officer
$2.21M
@ $119.35 · 2024-12-30
JACOBSON SAMANTHA
Officer and Director
$513,316
@ $119.46 · 2024-12-30
JACOBSON SAMANTHA
Officer and Director
$2.83M
@ $128.25 · 2024-11-29
SCHENKEIN LAURA
Chief Financial Officer
$369,364
@ $117.97 · 2024-11-18
SCHENKEIN LAURA
Chief Financial Officer
$3.53M
@ $127.55 · 2024-11-07
SCHENKEIN LAURA
Chief Financial Officer
$3.01M
@ $120.43 · 2024-10-22
RAJARAM GOKUL
Director
$159,741
@ $117.89 · 2024-10-21
SCHENKEIN LAURA
Chief Financial Officer
$2.89M
@ $115.43 · 2024-10-09
GRANT JAY R
Officer
$2.24M
@ $108.65 · 2024-09-30
RAJARAM GOKUL
Director
$147,695
@ $109.00 · 2024-09-24
RAJARAM GOKUL
Director
$141,855
@ $104.69 · 2024-08-22
SCHENKEIN LAURA
Chief Financial Officer
$310,903
@ $99.33 · 2024-08-16
JACOBSON SAMANTHA
Officer and Director
$484,764
@ $99.50 · 2024-08-16
CUNNINGHAM ANDREA LEE
Director
$160,712
@ $100.07 · 2024-08-15
FALBERG KATHRYN E.
Director
$14.73M
@ $98.17 · 2024-08-13
JACOBSON SAMANTHA
Officer and Director
$2.11M
@ $99.50 · 2024-08-12
RAJARAM GOKUL
Director
$133,291
@ $98.37 · 2024-07-22
SCHENKEIN LAURA
Chief Financial Officer
$2.51M
@ $100.43 · 2024-07-09
GRANT JAY R
Officer
$13.78M
@ $97.42 · 2024-06-28
RAJARAM GOKUL
Director
$236,477
@ $97.92 · 2024-06-21
SCHENKEIN LAURA
Chief Financial Officer
$4.17M
@ $95.38 · 2024-06-14
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

🎭 Mr. Market's Mood

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BRK-B
FearGreed
😐Neutral(48/100)

"Market is pricing this stock without strong emotion in either direction"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
TTD
FearGreed
😨Fear(27/100)

"Market is pessimistic — investigate whether fears are temporary or structural"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

⚖️ Buffett Signal

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BRK-B
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Neutral (48)
TTD
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Fear (27)
View BRK-B Full AnalysisView TTD Full Analysis
Berkshire Hathaway Inc. (BRK-B) vs The Trade Desk, Inc. (TTD) Stock Comparison | SafetyMargin.io