DIGITAL TURBINE INC (APPS) Stock Fundamental Analysis
USA - NASDAQ:APPS - US25400W1027 - Common Stock
4.62 USD
+0.06 (+1.32%)
4.7 USD
+0.08 (+1.73%)
Taking everything into account, APPS scores 3 out of 10 in our fundamental rating. APPS was compared to 280 industry peers in the Software industry. Both the profitability and financial health of APPS have multiple concerns. APPS has a correct valuation and a medium growth rate.
1. Profitability
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.
In the past 5 years APPS always reported a positive cash flow from operatings.
1.2 Ratios
APPS has a worse Return On Assets (-9.90%) than 62.14% of its industry peers.
APPS has a Return On Equity of -53.22%. This is in the lower half of the industry: APPS underperforms 70.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.9% | ||
| ROE | -53.22% | ||
| ROIC | N/A |
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 worse Gross Margin (45.34%) than 71.43% of its industry peers.
APPS's Gross Margin has improved in the last couple of years.
APPS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 45.34% |
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. Health
2.1 Basic Checks
APPS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for APPS has been increased compared to 1 year ago.
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.
2.2 Solvency
Based on the Altman-Z score of -0.27, we must say that APPS is in the distress zone and has some risk of bankruptcy.
APPS has a Altman-Z score of -0.27. This is in the lower half of the industry: APPS underperforms 72.14% of its industry peers.
APPS has a Debt/Equity ratio of 2.63. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.63, APPS is not doing good in the industry: 81.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.27 |
ROIC/WACCN/A
WACC11.87%
2.3 Liquidity
A Current Ratio of 1.09 indicates that APPS should not have too much problems paying its short term obligations.
The Current ratio of APPS (1.09) is worse than 67.86% of its industry peers.
A Quick Ratio of 1.09 indicates that APPS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.09, APPS is not doing good in the industry: 66.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The earnings per share for APPS have decreased strongly by -29.79% in the last year.
The Earnings Per Share has been growing by 11.84% on average over the past years. This is quite good.
The Revenue has decreased by -2.46% in the past 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)-29.79%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%-28.57%
Revenue 1Y (TTM)-2.46%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%10.96%
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 45.86% 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 10.13% on average per year.
EPS Next Y-11.11%
EPS Next 2Y45.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.03%
Revenue Next 2Y10.13%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
APPS is valuated correctly with a Price/Earnings ratio of 14.00.
APPS's Price/Earnings ratio is rather cheap when compared to the industry. APPS is cheaper than 85.71% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, APPS is valued a bit cheaper.
The Price/Forward Earnings ratio is 6.20, which indicates a rather cheap valuation of APPS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APPS indicates a rather cheap valuation: APPS is cheaper than 96.43% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, APPS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 6.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APPS is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.24 |
4.3 Compensation for Growth
A more expensive valuation may be justified as APPS's earnings are expected to grow with 45.86% in the coming years.
PEG (NY)N/A
PEG (5Y)1.18
EPS Next 2Y45.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APPS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.62
+0.06 (+1.32%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners62.89%
Inst Owner Change13.83%
Ins Owners5.31%
Ins Owner Change2.12%
Market Cap499.56M
Analysts80
Price Target6.89 (49.13%)
Short Float %11.14%
Short Ratio2.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)53.19%
Min EPS beat(2)-38.73%
Max EPS beat(2)145.1%
EPS beat(4)2
Avg EPS beat(4)287.51%
Min EPS beat(4)-38.73%
Max EPS beat(4)1056.12%
EPS beat(8)4
Avg EPS beat(8)159.25%
EPS beat(12)6
Avg EPS beat(12)105.79%
EPS beat(16)9
Avg EPS beat(16)81.09%
Revenue beat(2)2
Avg Revenue beat(2)2.71%
Min Revenue beat(2)0.15%
Max Revenue beat(2)5.26%
Revenue beat(4)3
Avg Revenue beat(4)1.16%
Min Revenue beat(4)-7.51%
Max Revenue beat(4)6.72%
Revenue beat(8)3
Avg Revenue beat(8)-1.31%
Revenue beat(12)4
Avg Revenue beat(12)-2.27%
Revenue beat(16)5
Avg Revenue beat(16)-9.57%
PT rev (1m)17.39%
PT rev (3m)145.46%
EPS NQ rev (1m)-28.57%
EPS NQ rev (3m)-47.37%
EPS NY rev (1m)-26.51%
EPS NY rev (3m)-21.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)2%
Revenue NY rev (3m)2.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 6.2 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 22.69 | ||
| P/B | 3.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.24 |
EPS(TTM)0.33
EY7.14%
EPS(NY)0.74
Fwd EY16.12%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)0.2
OCFY4.41%
SpS4.66
BVpS1.41
TBVpS-2.94
PEG (NY)N/A
PEG (5Y)1.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.9% | ||
| ROE | -53.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 45.34% | ||
| FCFM | N/A |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.63 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.36 | ||
| Cap/Depr | 34.14% | ||
| Cap/Sales | 5.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 51.47% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | -0.27 |
F-Score5
WACC11.87%
ROIC/WACCN/A
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)-29.79%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%-28.57%
EPS Next Y-11.11%
EPS Next 2Y45.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.46%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%10.96%
Revenue Next Year9.03%
Revenue Next 2Y10.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year81.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-113.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-71.81%
OCF growth 3Y-48.04%
OCF growth 5Y-17.67%