DIGITAL TURBINE INC (APPS) Fundamental Analysis & Valuation

NASDAQ:APPS • US25400W1027

3.67 USD
-0.1 (-2.65%)
At close: Mar 12, 2026
3.6739 USD
+0 (+0.11%)
After Hours: 3/12/2026, 8:23:21 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

4

Overall APPS gets a fundamental rating of 4 out of 10. We evaluated APPS against 277 industry peers in the Software industry. APPS may be in some trouble as it scores bad on both profitability and health. An interesting combination arises when we look at growth and value: APPS is growing strongly while it also seems undervalued.


Dividend Valuation Growth Profitability Health

3

1. APPS Profitability Analysis

1.1 Basic Checks

  • In the past year APPS was profitable.
  • APPS had a positive operating cash flow in the past year.
  • In multiple years APPS reported negative net income over the last 5 years.
  • In the past 5 years APPS always reported a positive cash flow from operatings.
APPS Yearly Net Income VS EBIT VS OCF VS FCFAPPS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M -400M

1.2 Ratios

  • APPS has a Return On Assets of -5.74%. This is comparable to the rest of the industry: APPS outperforms 44.77% of its industry peers.
  • APPS has a Return On Equity of -25.29%. This is in the lower half of the industry: APPS underperforms 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 RankSector 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
APPS Yearly ROA, ROE, ROICAPPS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150

1.3 Margins

  • With a decent Operating Margin value of 2.29%, APPS is doing good in the industry, outperforming 65.34% of the companies in the same industry.
  • With a Gross Margin value of 47.87%, APPS is not doing good in the industry: 71.48% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of APPS has grown nicely.
Industry RankSector 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%
APPS Yearly Profit, Operating, Gross MarginsAPPS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. APPS Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), APPS is destroying value.
  • Compared to 1 year ago, APPS has more shares outstanding
  • The number of shares outstanding for APPS has been increased compared to 5 years ago.
  • Compared to 1 year ago, APPS has a worse debt to assets ratio.
APPS Yearly Shares OutstandingAPPS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
APPS Yearly Total Debt VS Total AssetsAPPS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

2.2 Solvency

  • APPS has an Altman-Z score of -0.05. This is a bad value and indicates that APPS is not financially healthy and even has some risk of bankruptcy.
  • APPS's Altman-Z score of -0.05 is on the low side compared to the rest of the industry. APPS is outperformed by 72.20% of its industry peers.
  • The Debt to FCF ratio of APPS is 18.41, which is on the high side as it means it would take APPS, 18.41 years of fcf income to pay off all of its debts.
  • APPS's Debt to FCF ratio of 18.41 is in line compared to the rest of the industry. APPS outperforms 48.74% of its industry peers.
  • A Debt/Equity ratio of 1.80 is on the high side and indicates that APPS has dependencies on debt financing.
  • APPS's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. APPS is outperformed by 80.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.8
Debt/FCF 18.41
Altman-Z -0.05
ROIC/WACC0.15
WACC11.65%
APPS Yearly LT Debt VS Equity VS FCFAPPS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

  • APPS has a Current 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.
  • The Current ratio of APPS (1.10) is worse than 70.40% of its industry peers.
  • 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 Quick ratio of 1.10. This is in the lower half of the industry: APPS underperforms 70.04% of its industry peers.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 1.1
APPS Yearly Current Assets VS Current LiabilitesAPPS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

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

8

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.
  • The Earnings Per Share has been growing by 11.84% on average over the past years. This is quite good.
  • APPS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.05%.
  • 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

  • Based on estimates for the next years, APPS will show a very strong growth in Earnings Per Share. The EPS will grow by 34.96% on average per year.
  • 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.
APPS Yearly Revenue VS EstimatesAPPS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
APPS Yearly EPS VS EstimatesAPPS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 1 1.5

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Find the best growth stocksShow best growing peers

9

4. APPS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.65, the valuation of APPS can be described as very cheap.
  • Based on the Price/Earnings ratio, APPS is valued cheaper than 92.78% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.71. APPS is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 5.76, the valuation of APPS can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, APPS is valued cheaper than 92.42% of the companies in the same industry.
  • APPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.65
Fwd PE 5.76
APPS Price Earnings VS Forward Price EarningsAPPS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • APPS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. APPS is cheaper than 92.06% of the companies in the same industry.
  • 69.31% of the companies in the same industry are more expensive than APPS, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 22.82
EV/EBITDA 8.38
APPS Per share dataAPPS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4

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.
  • A more expensive valuation may be justified as APPS's earnings are expected to grow with 34.96% in the coming years.
PEG (NY)0.3
PEG (5Y)0.65
EPS Next 2Y34.96%
EPS Next 3YN/A

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

0

5. APPS Dividend Analysis

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

APPS Fundamentals: All Metrics, Ratios and Statistics

DIGITAL TURBINE INC

NASDAQ:APPS (3/12/2026, 8:23:21 PM)

After market: 3.6739 +0 (+0.11%)

3.67

-0.1 (-2.65%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-03
Earnings (Next)06-15
Inst Owners64.82%
Inst Owner Change9.19%
Ins Owners4.7%
Ins Owner Change-2.68%
Market Cap440.03M
Revenue(TTM)541.85M
Net Income(TTM)-49.22M
Analysts80
Price Target8.93 (143.32%)
Short Float %11.23%
Short Ratio4.06
Dividend
Industry RankSector 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 RankSector Rank
PE 7.65
Fwd PE 5.76
P/S 0.81
P/FCF 22.82
P/OCF 8.99
P/B 2.26
P/tB N/A
EV/EBITDA 8.38
EPS(TTM)0.48
EY13.08%
EPS(NY)0.64
Fwd EY17.37%
FCF(TTM)0.16
FCFY4.38%
OCF(TTM)0.41
OCFY11.12%
SpS4.52
BVpS1.62
TBVpS-2.14
PEG (NY)0.3
PEG (5Y)0.65
Graham Number4.19
Profitability
Industry RankSector 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 RankSector 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 7.65 and the Price/Book (PB) ratio is 2.26.