DIGITAL TURBINE INC (APPS)
US25400W1027 - Common Stock
APPS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 275 industry peers in the Software industry. APPS may be in some trouble as it scores bad on both profitability and health. APPS is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year APPS was profitable.
APPS had a positive operating cash flow in the past year.
APPS had positive earnings in 4 of the past 5 years.
In the past 5 years APPS always reported a positive cash flow from operatings.
1.2 Ratios
APPS has a Return On Assets of -17.86%. This is in the lower half of the industry: APPS underperforms 64.36% of its industry peers.
APPS's Return On Equity of -44.35% is on the low side compared to the rest of the industry. APPS is outperformed by 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.86% | ||
| ROE | -44.35% | ||
| ROIC | N/A |
ROA(3y)8.28%
ROA(5y)5.03%
ROE(3y)15.83%
ROE(5y)9.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of APPS has declined.
APPS's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 44.70%, APPS is not doing good in the industry: 70.55% of the companies in the same industry are doing better.
APPS's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for APPS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.7% |
OM growth 3Y-8.66%
OM growth 5YN/A
PM growth 3Y-36.98%
PM growth 5YN/A
GM growth 3Y7.49%
GM growth 5Y7.46%
2. Health
2.1 Basic Checks
APPS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, APPS has more shares outstanding
APPS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, APPS has an improved debt to assets ratio.
2.2 Solvency
APPS has an Altman-Z score of 0.18. This is a bad value and indicates that APPS is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.18, APPS is doing worse than 69.82% of the companies in the same industry.
APPS has a debt to FCF ratio of 11.12. This is a negative value and a sign of low solvency as APPS would need 11.12 years to pay back of all of its debts.
APPS's Debt to FCF ratio of 11.12 is in line compared to the rest of the industry. APPS outperforms 51.27% of its industry peers.
APPS has a Debt/Equity ratio of 0.84. This is a neutral value indicating APPS is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.84, APPS is doing worse than 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 11.12 | ||
| Altman-Z | 0.18 |
ROIC/WACCN/A
WACC7.12%
2.3 Liquidity
A Current Ratio of 1.07 indicates that APPS should not have too much problems paying its short term obligations.
APPS has a Current ratio of 1.07. This is in the lower half of the industry: APPS underperforms 75.27% of its industry peers.
APPS has a Quick Ratio of 1.07. 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 Quick ratio of 1.07. This is in the lower half of the industry: APPS underperforms 73.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
APPS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.14%.
Measured over the past years, APPS shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.15% on average per year.
APPS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.36%.
APPS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 54.85% yearly.
EPS 1Y (TTM)-57.14%
EPS 3Y79.15%
EPS 5YN/A
EPS growth Q2Q-48.28%
Revenue 1Y (TTM)-19.36%
Revenue growth 3Y68.7%
Revenue growth 5Y54.85%
Revenue growth Q2Q-12.12%
3.2 Future
APPS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.48% yearly.
The Revenue is expected to grow by 2.24% on average over the next years.
EPS Next Y-55.43%
EPS Next 2Y-37.08%
EPS Next 3Y-22.25%
EPS Next 5Y-5.48%
Revenue Next Year-17.24%
Revenue Next 2Y-8.76%
Revenue Next 3Y-2.77%
Revenue Next 5Y2.24%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
APPS is valuated cheaply with a Price/Earnings ratio of 3.18.
Based on the Price/Earnings ratio, APPS is valued cheaper than 97.82% of the companies in the same industry.
When comparing the Price/Earnings ratio of APPS to the average of the S&P500 Index (24.80), we can say APPS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.19, the valuation of APPS can be described as very cheap.
Based on the Price/Forward Earnings ratio, APPS is valued cheaply inside the industry as 98.55% of the companies are valued more expensively.
APPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.18 | ||
| Fwd PE | 4.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APPS indicates a rather cheap valuation: APPS is cheaper than 93.82% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, APPS is valued cheaper than 97.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.79 | ||
| EV/EBITDA | 9.29 |
4.3 Compensation for Growth
A cheap valuation may be justified as APPS's earnings are expected to decrease with -22.25% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-37.08%
EPS Next 3Y-22.25%
5. Dividend
5.1 Amount
No dividends for APPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DIGITAL TURBINE INC
NASDAQ:APPS (4/18/2024, 7:00:00 PM)
After market: 1.91 0 (0%)1.91
+0.05 (+2.69%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap194.86M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.18 | ||
| Fwd PE | 4.19 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.86% | ||
| ROE | -44.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.7% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.07 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-57.14%
EPS 3Y79.15%
EPS 5Y
EPS growth Q2Q
EPS Next Y-55.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.36%
Revenue growth 3Y68.7%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y