APPLIED DIGITAL CORP (APLD) Fundamental Analysis & Valuation

NASDAQ:APLD • US0381692070

27.7969 USD
+0.32 (+1.15%)
Last: Mar 13, 2026, 01:27 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This APLD fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall APLD gets a fundamental rating of 3 out of 10. We evaluated APLD against 87 industry peers in the IT Services industry. APLD has a bad profitability rating. Also its financial health evaluation is rather negative. APLD is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

1

1. APLD Profitability Analysis

1.1 Basic Checks

  • APLD had negative earnings in the past year.
  • APLD had a negative operating cash flow in the past year.
  • In the past 5 years APLD always reported negative net income.
  • In multiple years APLD reported negative operating cash flow during the last 5 years.
APLD Yearly Net Income VS EBIT VS OCF VS FCFAPLD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 2025 0 -200M -400M -600M

1.2 Ratios

  • APLD's Return On Assets of -2.44% is in line compared to the rest of the industry. APLD outperforms 43.68% of its industry peers.
  • With a Return On Equity value of -8.21%, APLD perfoms like the industry average, outperforming 44.83% of the companies in the same industry.
Industry RankSector Rank
ROA -2.44%
ROE -8.21%
ROIC N/A
ROA(3y)-16.33%
ROA(5y)-14.47%
ROE(3y)-77.16%
ROE(5y)-53.71%
ROIC(3y)N/A
ROIC(5y)N/A
APLD Yearly ROA, ROE, ROICAPLD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 2025 0 -20 -40 -60 -80 -100

1.3 Margins

  • The Gross Margin of APLD (40.84%) is better than 64.37% of its industry peers.
  • The Profit Margin and Operating Margin are not available for APLD so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 40.84%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
APLD Yearly Profit, Operating, Gross MarginsAPLD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 2025 0 -100 -200

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. APLD Health Analysis

2.1 Basic Checks

  • APLD does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • APLD has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, APLD has more shares outstanding
  • Compared to 1 year ago, APLD has a worse debt to assets ratio.
APLD Yearly Shares OutstandingAPLD Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
APLD Yearly Total Debt VS Total AssetsAPLD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.2 Solvency

  • Based on the Altman-Z score of 1.62, we must say that APLD is in the distress zone and has some risk of bankruptcy.
  • APLD has a Altman-Z score (1.62) which is comparable to the rest of the industry.
  • APLD has a Debt/Equity ratio of 1.67. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of APLD (1.67) is worse than 72.41% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.67
Debt/FCF N/A
Altman-Z 1.62
ROIC/WACCN/A
WACC9.19%
APLD Yearly LT Debt VS Equity VS FCFAPLD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 2025 0 500M -500M

2.3 Liquidity

  • A Current Ratio of 4.82 indicates that APLD has no problem at all paying its short term obligations.
  • APLD has a Current ratio of 4.82. This is amongst the best in the industry. APLD outperforms 89.66% of its industry peers.
  • A Quick Ratio of 4.82 indicates that APLD has no problem at all paying its short term obligations.
  • APLD's Quick ratio of 4.82 is amongst the best of the industry. APLD outperforms 89.66% of its industry peers.
Industry RankSector Rank
Current Ratio 4.82
Quick Ratio 4.82
APLD Yearly Current Assets VS Current LiabilitesAPLD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. APLD Growth Analysis

3.1 Past

  • APLD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.45%, which is quite impressive.
  • APLD shows a strong growth in Revenue. In the last year, the Revenue has grown by 88.79%.
  • Measured over the past years, APLD shows a very strong growth in Revenue. The Revenue has been growing by 156.45% on average per year.
EPS 1Y (TTM)65.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.3%
Revenue 1Y (TTM)88.79%
Revenue growth 3Y156.45%
Revenue growth 5YN/A
Sales Q2Q%98.2%

3.2 Future

  • APLD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.13% yearly.
  • The Revenue is expected to grow by 85.52% on average over the next years. This is a very strong growth
EPS Next Y58.88%
EPS Next 2Y18.39%
EPS Next 3Y23.13%
EPS Next 5YN/A
Revenue Next Year57.61%
Revenue Next 2Y58.93%
Revenue Next 3Y74.91%
Revenue Next 5Y85.52%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
APLD Yearly Revenue VS EstimatesAPLD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B
APLD Yearly EPS VS EstimatesAPLD Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 -0.2 -0.4 -0.6 -0.8 -1

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Find the best growth stocksShow best growing peers

1

4. APLD Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for APLD. In the last year negative earnings were reported.
  • Also next year APLD is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
APLD Price Earnings VS Forward Price EarningsAPLD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
APLD Per share dataAPLD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4

4.3 Compensation for Growth

  • APLD's earnings are expected to grow with 23.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y18.39%
EPS Next 3Y23.13%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. APLD Dividend Analysis

5.1 Amount

  • No dividends for APLD!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

APLD Fundamentals: All Metrics, Ratios and Statistics

APPLIED DIGITAL CORP

NASDAQ:APLD (3/13/2026, 1:27:09 PM)

27.7969

+0.32 (+1.15%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)01-07
Earnings (Next)04-13
Inst Owners66.17%
Inst Owner Change-4.69%
Ins Owners12.52%
Ins Owner Change23.6%
Market Cap7.77B
Revenue(TTM)243.73M
Net Income(TTM)-127.62M
Analysts83.16
Price Target49.95 (79.7%)
Short Float %34.28%
Short Ratio2.6
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP-3.99%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)21.01%
Min EPS beat(2)-6.21%
Max EPS beat(2)48.23%
EPS beat(4)1
Avg EPS beat(4)-8.02%
Min EPS beat(4)-59.52%
Max EPS beat(4)48.23%
EPS beat(8)2
Avg EPS beat(8)-83.9%
EPS beat(12)2
Avg EPS beat(12)-200.65%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)33.52%
Min Revenue beat(2)25.99%
Max Revenue beat(2)41.04%
Revenue beat(4)3
Avg Revenue beat(4)12.39%
Min Revenue beat(4)-18.2%
Max Revenue beat(4)41.04%
Revenue beat(8)5
Avg Revenue beat(8)6.57%
Revenue beat(12)6
Avg Revenue beat(12)-0.61%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)13.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.32%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.25%
Revenue NQ rev (1m)-1.36%
Revenue NQ rev (3m)6.16%
Revenue NY rev (1m)-0.49%
Revenue NY rev (3m)12.12%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 31.89
P/FCF N/A
P/OCF N/A
P/B 5
P/tB 5
EV/EBITDA N/A
EPS(TTM)-0.57
EYN/A
EPS(NY)-0.71
Fwd EYN/A
FCF(TTM)-4.8
FCFYN/A
OCF(TTM)-0.3
OCFYN/A
SpS0.87
BVpS5.56
TBVpS5.56
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.44%
ROE -8.21%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 40.84%
FCFM N/A
ROA(3y)-16.33%
ROA(5y)-14.47%
ROE(3y)-77.16%
ROE(5y)-53.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 1.67
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 2518.37%
Cap/Sales 515.84%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.82
Quick Ratio 4.82
Altman-Z 1.62
F-Score4
WACC9.19%
ROIC/WACCN/A
Cap/Depr(3y)881.97%
Cap/Depr(5y)2083.81%
Cap/Sales(3y)269.63%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.3%
EPS Next Y58.88%
EPS Next 2Y18.39%
EPS Next 3Y23.13%
EPS Next 5YN/A
Revenue 1Y (TTM)88.79%
Revenue growth 3Y156.45%
Revenue growth 5YN/A
Sales Q2Q%98.2%
Revenue Next Year57.61%
Revenue Next 2Y58.93%
Revenue Next 3Y74.91%
Revenue Next 5Y85.52%
EBIT growth 1Y-335.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year249.24%
EBIT Next 3Y171.09%
EBIT Next 5Y143.62%
FCF growth 1Y-1983.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-313.79%
OCF growth 3YN/A
OCF growth 5YN/A

APPLIED DIGITAL CORP / APLD FAQ

What is the ChartMill fundamental rating of APPLIED DIGITAL CORP (APLD) stock?

ChartMill assigns a fundamental rating of 3 / 10 to APLD.


Can you provide the valuation status for APPLIED DIGITAL CORP?

ChartMill assigns a valuation rating of 1 / 10 to APPLIED DIGITAL CORP (APLD). This can be considered as Overvalued.


How profitable is APPLIED DIGITAL CORP (APLD) stock?

APPLIED DIGITAL CORP (APLD) has a profitability rating of 1 / 10.


What is the expected EPS growth for APPLIED DIGITAL CORP (APLD) stock?

The Earnings per Share (EPS) of APPLIED DIGITAL CORP (APLD) is expected to grow by 58.88% in the next year.


Is the dividend of APPLIED DIGITAL CORP sustainable?

The dividend rating of APPLIED DIGITAL CORP (APLD) is 0 / 10 and the dividend payout ratio is -3.99%.