4.69 USD
-0.09 (-1.88%)
4.67 USD
-0.02 (-0.43%)
We assign a fundamental rating of 4 out of 10 to APPS. APPS was compared to 280 industry peers in the Software industry. Both the profitability and financial health of APPS have multiple concerns. APPS is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
APPS had positive earnings in the past year.
APPS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: APPS reported negative net income in multiple years.
Each year in the past 5 years APPS had a positive operating cash flow.
1.2 Ratios
APPS has a Return On Assets of -9.46%. This is in the lower half of the industry: APPS underperforms 62.50% of its industry peers.
APPS's Return On Equity of -52.29% is on the low side compared to the rest of the industry. APPS is outperformed by 69.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.46% | ||
| ROE | -52.29% | ||
| 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
The Gross Margin of APPS (45.77%) is worse than 71.79% of its industry peers.
In the last couple of years the Gross Margin of APPS has grown nicely.
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 | 45.77% |
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.
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.
The debt/assets ratio for APPS is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.19, we must say that APPS is in the distress zone and has some risk of bankruptcy.
APPS has a Altman-Z score of -0.19. This is in the lower half of the industry: APPS underperforms 73.93% of its industry peers.
The Debt to FCF ratio of APPS is 25.18, which is on the high side as it means it would take APPS, 25.18 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 25.18, APPS is in line with its industry, outperforming 48.57% of the companies in the same industry.
APPS has a Debt/Equity ratio of 2.66. This is a high value indicating a heavy dependency on external financing.
APPS has a Debt to Equity ratio of 2.66. This is amonst the worse of the industry: APPS underperforms 83.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.66 | ||
| Debt/FCF | 25.18 | ||
| Altman-Z | -0.19 |
ROIC/WACCN/A
WACC11.69%
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.
APPS has a worse Current ratio (1.10) than 70.00% of its industry peers.
A Quick Ratio of 1.10 indicates that APPS should not have too much problems paying its short term obligations.
APPS's Quick ratio of 1.10 is on the low side compared to the rest of the industry. APPS is outperformed by 68.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
APPS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.26%, which is quite good.
Measured over the past years, APPS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.84% on average per year.
APPS shows a small growth in Revenue. In the last year, the Revenue has grown by 6.82%.
Measured over the past years, APPS shows a very strong growth in Revenue. The Revenue has been growing by 28.74% on average per year.
EPS 1Y (TTM)10.26%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%200%
Revenue 1Y (TTM)6.82%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%18.23%
3.2 Future
The Earnings Per Share is expected to grow by 27.18% 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 10.04% on average per year.
EPS Next Y-15.49%
EPS Next 2Y27.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.24%
Revenue Next 2Y10.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 10.91, which indicates a very decent valuation of APPS.
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.
The average S&P500 Price/Earnings ratio is at 26.15. APPS is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.28 indicates a reasonable valuation of APPS.
Based on the Price/Forward Earnings ratio, APPS is valued cheaper than 89.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. APPS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.91 | ||
| Fwd PE | 8.28 |
4.2 Price Multiples
82.50% of the companies in the same industry are more expensive than APPS, based on the Enterprise Value to EBITDA ratio.
67.86% of the companies in the same industry are more expensive than APPS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.21 | ||
| EV/EBITDA | 14.67 |
4.3 Compensation for Growth
A more expensive valuation may be justified as APPS's earnings are expected to grow with 27.18% in the coming years.
PEG (NY)N/A
PEG (5Y)0.92
EPS Next 2Y27.18%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APPS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.69
-0.09 (-1.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners67.97%
Inst Owner Change-0.85%
Ins Owners5.52%
Ins Owner Change2.14%
Market Cap507.13M
Revenue(TTM)525.09M
Net Income(TTM)-77.46M
Analysts80
Price Target8.93 (90.41%)
Short Float %7.49%
Short Ratio2
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)77.7%
Min EPS beat(2)-38.73%
Max EPS beat(2)194.12%
EPS beat(4)3
Avg EPS beat(4)339.15%
Min EPS beat(4)-38.73%
Max EPS beat(4)1056.12%
EPS beat(8)5
Avg EPS beat(8)185%
EPS beat(12)6
Avg EPS beat(12)121.78%
EPS beat(16)9
Avg EPS beat(16)92.51%
Revenue beat(2)2
Avg Revenue beat(2)6.55%
Min Revenue beat(2)5.26%
Max Revenue beat(2)7.84%
Revenue beat(4)4
Avg Revenue beat(4)4.99%
Min Revenue beat(4)0.15%
Max Revenue beat(4)7.84%
Revenue beat(8)4
Avg Revenue beat(8)0.16%
Revenue beat(12)5
Avg Revenue beat(12)-1.45%
Revenue beat(16)6
Avg Revenue beat(16)-6.6%
PT rev (1m)29.63%
PT rev (3m)29.63%
EPS NQ rev (1m)-8%
EPS NQ rev (3m)-8%
EPS NY rev (1m)-4.92%
EPS NY rev (3m)-4.92%
Revenue NQ rev (1m)1.76%
Revenue NQ rev (3m)1.76%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.91 | ||
| Fwd PE | 8.28 | ||
| P/S | 0.97 | ||
| P/FCF | 32.21 | ||
| P/OCF | 11.22 | ||
| P/B | 3.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.67 |
EPS(TTM)0.43
EY9.17%
EPS(NY)0.57
Fwd EY12.07%
FCF(TTM)0.15
FCFY3.1%
OCF(TTM)0.42
OCFY8.91%
SpS4.86
BVpS1.37
TBVpS-2.88
PEG (NY)N/A
PEG (5Y)0.92
Graham Number3.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.46% | ||
| ROE | -52.29% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 45.77% | ||
| FCFM | 3% |
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 Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.66 | ||
| Debt/FCF | 25.18 | ||
| Debt/EBITDA | 6.68 | ||
| Cap/Depr | 36.39% | ||
| Cap/Sales | 5.61% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 76.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | -0.19 |
F-Score7
WACC11.69%
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)10.26%
EPS 3Y-40.48%
EPS 5Y11.84%
EPS Q2Q%200%
EPS Next Y-15.49%
EPS Next 2Y27.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.82%
Revenue growth 3Y-13.11%
Revenue growth 5Y28.74%
Sales Q2Q%18.23%
Revenue Next Year9.24%
Revenue Next 2Y10.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y61.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year89.7%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-70.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-41.98%
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 for APPS stock?
ChartMill assigns a valuation rating of 7 / 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 2 / 10.
Can you provide the PE and PB ratios for APPS stock?
The Price/Earnings (PE) ratio for DIGITAL TURBINE INC (APPS) is 10.91 and the Price/Book (PB) ratio is 3.42.
What is the expected EPS growth for DIGITAL TURBINE INC (APPS) stock?
The Earnings per Share (EPS) of DIGITAL TURBINE INC (APPS) is expected to decline by -15.49% in the next year.