DIGITAL TURBINE INC (APPS) Fundamental Analysis & Valuation
NASDAQ:APPS • US25400W1027
3.56 USD
-0.11 (-3%)
At close: Mar 13, 2026
3.5856 USD
+0.03 (+0.72%)
After Hours: 3/13/2026, 8:10:02 PM
This APPS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 4 out of 10 to APPS. APPS was compared to 277 industry peers in the Software industry. APPS may be in some trouble as it scores bad on both profitability and health. APPS is growing strongly while it also seems undervalued. This is an interesting combination
1. APPS Profitability Analysis
1.1 Basic Checks
- APPS had positive earnings in the past year.
- In the past year APPS had a positive cash flow from operations.
- In multiple years APPS reported negative net income over the last 5 years.
- APPS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- APPS has a Return On Assets (-5.74%) which is comparable to the rest of the industry.
- The Return On Equity of APPS (-25.29%) is worse than 64.26% of its industry peers.
- APPS has a Return On Invested Capital of 1.72%. This is in the better half of the industry: APPS outperforms 65.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.74% | ||
| ROE | -25.29% | ||
| ROIC | 1.72% |
ROA(3y)-19.52%
ROA(5y)-7.01%
ROE(3y)-84.5%
ROE(5y)-41.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- APPS has a Operating Margin of 2.29%. This is in the better half of the industry: APPS outperforms 65.34% of its industry peers.
- APPS's Gross Margin of 47.87% is on the low side compared to the rest of the industry. APPS is outperformed by 71.48% of its industry peers.
- In the last couple of years the Gross Margin of APPS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.29% | ||
| PM (TTM) | N/A | ||
| GM | 47.87% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.04%
GM growth 5Y3.05%
2. APPS Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APPS is destroying value.
- Compared to 1 year ago, APPS has more shares outstanding
- APPS has more shares outstanding than it did 5 years ago.
- APPS has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of -0.05, we must say that APPS is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of -0.05, APPS is not doing good in the industry: 72.20% of the companies in the same industry are doing better.
- APPS has a debt to FCF ratio of 18.41. This is a negative value and a sign of low solvency as APPS would need 18.41 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 18.41, APPS perfoms like the industry average, outperforming 48.74% of the companies in the same industry.
- A Debt/Equity ratio of 1.80 is on the high side and indicates that APPS has dependencies on debt financing.
- APPS has a Debt to Equity ratio of 1.80. This is amonst the worse of the industry: APPS underperforms 80.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 18.41 | ||
| Altman-Z | -0.05 |
ROIC/WACC0.15
WACC11.65%
2.3 Liquidity
- A Current Ratio of 1.10 indicates that APPS should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.10, APPS is not doing good in the industry: 70.40% of the companies in the same industry are doing better.
- APPS has a Quick Ratio of 1.10. This is a normal value and indicates that APPS is financially healthy and should not expect problems in meeting its short term obligations.
- APPS has a worse Quick ratio (1.10) than 70.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. APPS Growth Analysis
3.1 Past
- APPS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.73%, which is quite impressive.
- APPS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.84% yearly.
- Looking at the last year, APPS shows a quite strong growth in Revenue. The Revenue has grown by 12.05% in the last year.
- APPS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.74% yearly.
EPS 1Y (TTM)29.73%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%38.46%
Revenue 1Y (TTM)12.05%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%12.45%
3.2 Future
- The Earnings Per Share is expected to grow by 34.96% on average over the next years. This is a very strong growth
- Based on estimates for the next years, APPS will show a quite strong growth in Revenue. The Revenue will grow by 12.62% on average per year.
EPS Next Y25.31%
EPS Next 2Y34.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year13.92%
Revenue Next 2Y12.62%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. APPS Valuation Analysis
4.1 Price/Earnings Ratio
- APPS is valuated cheaply with a Price/Earnings ratio of 7.42.
- APPS's Price/Earnings ratio is rather cheap when compared to the industry. APPS is cheaper than 92.78% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.70, APPS is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 5.58, the valuation of APPS can be described as very cheap.
- 92.42% of the companies in the same industry are more expensive than APPS, based on the Price/Forward Earnings ratio.
- APPS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 5.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, APPS is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of APPS indicates a somewhat cheap valuation: APPS is cheaper than 69.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.13 | ||
| EV/EBITDA | 8.38 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- APPS's earnings are expected to grow with 34.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)0.63
EPS Next 2Y34.96%
EPS Next 3YN/A
5. APPS Dividend Analysis
5.1 Amount
- No dividends for APPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
APPS Fundamentals: All Metrics, Ratios and Statistics
3.56
-0.11 (-3%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)06-15 2026-06-15/amc
Inst Owners64.82%
Inst Owner Change9.19%
Ins Owners4.7%
Ins Owner Change-2.68%
Market Cap426.84M
Revenue(TTM)541.85M
Net Income(TTM)-49.22M
Analysts80
Price Target8.93 (150.84%)
Short Float %11.23%
Short Ratio4.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)123.79%
Min EPS beat(2)53.45%
Max EPS beat(2)194.12%
EPS beat(4)3
Avg EPS beat(4)88.49%
Min EPS beat(4)-38.73%
Max EPS beat(4)194.12%
EPS beat(8)6
Avg EPS beat(8)193.5%
EPS beat(12)7
Avg EPS beat(12)128.17%
EPS beat(16)9
Avg EPS beat(16)95.11%
Revenue beat(2)2
Avg Revenue beat(2)4.85%
Min Revenue beat(2)1.86%
Max Revenue beat(2)7.84%
Revenue beat(4)4
Avg Revenue beat(4)3.78%
Min Revenue beat(4)0.15%
Max Revenue beat(4)7.84%
Revenue beat(8)5
Avg Revenue beat(8)0.94%
Revenue beat(12)6
Avg Revenue beat(12)-0.11%
Revenue beat(16)7
Avg Revenue beat(16)-4%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)21.43%
EPS NQ rev (3m)21.43%
EPS NY rev (1m)34.38%
EPS NY rev (3m)34.38%
Revenue NQ rev (1m)1.59%
Revenue NQ rev (3m)1.59%
Revenue NY rev (1m)1.41%
Revenue NY rev (3m)1.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 5.58 | ||
| P/S | 0.79 | ||
| P/FCF | 22.13 | ||
| P/OCF | 8.72 | ||
| P/B | 2.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.38 |
EPS(TTM)0.48
EY13.48%
EPS(NY)0.64
Fwd EY17.91%
FCF(TTM)0.16
FCFY4.52%
OCF(TTM)0.41
OCFY11.46%
SpS4.52
BVpS1.62
TBVpS-2.14
PEG (NY)0.29
PEG (5Y)0.63
Graham Number4.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.74% | ||
| ROE | -25.29% | ||
| ROCE | 2.18% | ||
| ROIC | 1.72% | ||
| ROICexc | 1.85% | ||
| ROICexgc | 12.43% | ||
| OM | 2.29% | ||
| PM (TTM) | N/A | ||
| GM | 47.87% | ||
| FCFM | 3.56% |
ROA(3y)-19.52%
ROA(5y)-7.01%
ROE(3y)-84.5%
ROE(5y)-41.75%
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 3Y-1.04%
GM growth 5Y3.05%
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 18.41 | ||
| Debt/EBITDA | 3.89 | ||
| Cap/Depr | 38.17% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | 0.28 | ||
| Cash Conversion | 54.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | -0.05 |
F-Score7
WACC11.65%
ROIC/WACC0.15
Cap/Depr(3y)30.52%
Cap/Depr(5y)52.33%
Cap/Sales(3y)4.55%
Cap/Sales(5y)3.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.73%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%38.46%
EPS Next Y25.31%
EPS Next 2Y34.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12.05%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%12.45%
Revenue Next Year13.92%
Revenue Next 2Y12.62%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y120.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year135.54%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-42.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.13%
OCF growth 3Y-48.04%
OCF growth 5Y-17.67%
DIGITAL TURBINE INC / APPS FAQ
What is the fundamental rating for APPS stock?
ChartMill assigns a fundamental rating of 4 / 10 to APPS.
What is the valuation status of DIGITAL TURBINE INC (APPS) stock?
ChartMill assigns a valuation rating of 9 / 10 to DIGITAL TURBINE INC (APPS). This can be considered as Undervalued.
What is the profitability of APPS stock?
DIGITAL TURBINE INC (APPS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for APPS stock?
The Price/Earnings (PE) ratio for DIGITAL TURBINE INC (APPS) is 7.42 and the Price/Book (PB) ratio is 2.19.