DIGITAL TURBINE INC (APPS) Stock Fundamental Analysis
NASDAQ:APPS - Nasdaq - US25400W1027 - Common Stock - Currency: USD
We assign a fundamental rating of 2 out of 10 to APPS. APPS was compared to 283 industry peers in the Software industry. APPS has a bad profitability rating. Also its financial health evaluation is rather negative. APPS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
APPS had positive earnings in the past year.
APPS had a negative operating cash flow in the past year.
Of the past 5 years APPS 4 years were profitable.
Each year in the past 5 years APPS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of APPS (-36.89%) is worse than 80.92% of its industry peers.
APPS's Return On Equity of -189.39% is on the low side compared to the rest of the industry. APPS is outperformed by 82.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -36.89% | ||
| ROE | -189.39% | ||
| ROIC | N/A |
ROA(3y)-14.93%
ROA(5y)-3.23%
ROE(3y)-62.26%
ROE(5y)-26.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
APPS has a Gross Margin of 44.50%. This is in the lower half of the industry: APPS underperforms 73.14% 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 | 44.5% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.44%
GM growth 5Y5.75%
2. Health
2.1 Basic Checks
APPS does not have a ROIC to compare to the WACC, probably because it is not profitable.
APPS has more shares outstanding than it did 1 year ago.
APPS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, APPS has a worse debt to assets ratio.
2.2 Solvency
APPS has an Altman-Z score of -0.48. This is a bad value and indicates that APPS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.48, APPS is not doing good in the industry: 72.08% of the companies in the same industry are doing better.
A Debt/Equity ratio of 2.50 is on the high side and indicates that APPS has dependencies on debt financing.
With a Debt to Equity ratio value of 2.50, APPS is not doing good in the industry: 82.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.48 |
ROIC/WACCN/A
WACC10.31%
2.3 Liquidity
APPS has a Current Ratio of 1.06. 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 Current ratio of 1.06. This is in the lower half of the industry: APPS underperforms 72.79% of its industry peers.
APPS has a Quick Ratio of 1.06. This is a normal value and indicates that APPS is financially healthy and should not expect problems in meeting its short term obligations.
APPS's Quick ratio of 1.06 is on the low side compared to the rest of the industry. APPS is outperformed by 72.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for APPS have decreased strongly by -38.33% in the last year.
The Earnings Per Share has been growing by 42.13% on average over the past years. This is a very strong growth
The Revenue for APPS has decreased by -15.52% in the past year. This is quite bad
The Revenue has been growing by 39.36% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-38.33%
EPS 3Y-7.8%
EPS 5Y42.13%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)-15.52%
Revenue growth 3Y20.19%
Revenue growth 5Y39.36%
Sales Q2Q%-5.61%
3.2 Future
Based on estimates for the next years, APPS will show a very negative growth in Earnings Per Share. The EPS will decrease by -48.21% on average per year.
APPS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.04% yearly.
EPS Next Y-49%
EPS Next 2Y-17.18%
EPS Next 3Y-48.21%
EPS Next 5YN/A
Revenue Next Year-11.27%
Revenue Next 2Y-2.8%
Revenue Next 3Y1.04%
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 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
Based on the Price/Earnings ratio of 7.95, the valuation of APPS can be described as very cheap.
Based on the Price/Earnings ratio, APPS is valued cheaper than 93.99% of the companies in the same industry.
APPS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 7.39 indicates a rather cheap valuation of APPS.
Based on the Price/Forward Earnings ratio, APPS is valued cheaply inside the industry as 95.76% of the companies are valued more expensively.
APPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.95 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
APPS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APPS is cheaper than 74.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 34.17 |
4.3 Compensation for Growth
APPS's earnings are expected to decrease with -48.21% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-17.18%
EPS Next 3Y-48.21%
5. Dividend
5.1 Amount
APPS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
2.94
-0.22 (-6.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners52.34%
Inst Owner Change-14.57%
Ins Owners5.1%
Ins Owner Change7.47%
Market Cap308.73M
Analysts47.5
Price Target2.55 (-13.27%)
Short Float %6.01%
Short Ratio0.79
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)521.83%
Min EPS beat(2)-12.46%
Max EPS beat(2)1056.12%
EPS beat(4)3
Avg EPS beat(4)298.51%
Min EPS beat(4)-12.46%
Max EPS beat(4)1056.12%
EPS beat(8)4
Avg EPS beat(8)148.01%
EPS beat(12)6
Avg EPS beat(12)97.32%
EPS beat(16)10
Avg EPS beat(16)76.46%
Revenue beat(2)1
Avg Revenue beat(2)-0.4%
Min Revenue beat(2)-7.51%
Max Revenue beat(2)6.72%
Revenue beat(4)1
Avg Revenue beat(4)-1.9%
Min Revenue beat(4)-7.51%
Max Revenue beat(4)6.72%
Revenue beat(8)2
Avg Revenue beat(8)-2.05%
Revenue beat(12)3
Avg Revenue beat(12)-6.59%
Revenue beat(16)4
Avg Revenue beat(16)-10.72%
PT rev (1m)7.14%
PT rev (3m)7.14%
EPS NQ rev (1m)0.83%
EPS NQ rev (3m)-49.79%
EPS NY rev (1m)102.8%
EPS NY rev (3m)19.34%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)-0.01%
Revenue NY rev (1m)2.3%
Revenue NY rev (3m)2.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.95 | ||
| Fwd PE | 7.39 | ||
| P/S | 0.64 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.89 | ||
| P/tB | N/A | ||
| EV/EBITDA | 34.17 |
EPS(TTM)0.37
EY12.59%
EPS(NY)0.4
Fwd EY13.53%
FCF(TTM)-0.37
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS4.61
BVpS1.56
TBVpS-3.12
PEG (NY)N/A
PEG (5Y)0.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -36.89% | ||
| ROE | -189.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.5% | ||
| FCFM | N/A |
ROA(3y)-14.93%
ROA(5y)-3.23%
ROE(3y)-62.26%
ROE(5y)-26.2%
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 3Y2.44%
GM growth 5Y5.75%
F-Score2
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 20.46 | ||
| Cap/Depr | 33.98% | ||
| Cap/Sales | 5.67% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | -0.48 |
F-Score2
WACC10.31%
ROIC/WACCN/A
Cap/Depr(3y)32.98%
Cap/Depr(5y)87.44%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.33%
EPS 3Y-7.8%
EPS 5Y42.13%
EPS Q2Q%-13.33%
EPS Next Y-49%
EPS Next 2Y-17.18%
EPS Next 3Y-48.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.52%
Revenue growth 3Y20.19%
Revenue growth 5Y39.36%
Sales Q2Q%-5.61%
Revenue Next Year-11.27%
Revenue Next 2Y-2.8%
Revenue Next 3Y1.04%
Revenue Next 5YN/A
EBIT growth 1Y-117.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-11.1%
EBIT Next 3Y7.43%
EBIT Next 5YN/A
FCF growth 1Y-134.5%
FCF growth 3Y-56.55%
FCF growth 5YN/A
OCF growth 1Y-108.21%
OCF growth 3Y-22.99%
OCF growth 5Y85.66%