Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
6.76
-0.60 (-8.15%)
At close: Oct 31, 2024, 4:00 PM
6.88
+0.12 (1.78%)
After-hours: Oct 31, 2024, 7:48 PM EDT

Applied Digital Statistics

Total Valuation

APLD has a market cap or net worth of $1.46 billion. The enterprise value is $2.01 billion.

Market Cap 1.46B
Enterprise Value 2.01B

Important Dates

The last earnings date was Wednesday, October 9, 2024, after market close.

Earnings Date Oct 9, 2024
Ex-Dividend Date n/a

Share Statistics

APLD has 215.36 million shares outstanding. The number of shares has increased by 31.67% in one year.

Shares Outstanding 215.36M
Shares Change (YoY) +31.67%
Shares Change (QoQ) +19.53%
Owned by Insiders (%) 10.99%
Owned by Institutions (%) 44.08%
Float 174.10M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 4.89
Forward PS 5.19
PB Ratio 4.79
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 10.57
EV / EBITDA 133.25
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.22, with a Debt / Equity ratio of 1.43.

Current Ratio 0.22
Quick Ratio 0.16
Debt / Equity 1.43
Debt / EBITDA 10.55
Debt / FCF n/a
Interest Coverage -2.83

Financial Efficiency

Return on equity (ROE) is -66.86% and return on invested capital (ROIC) is -11.89%.

Return on Equity (ROE) -66.86%
Return on Assets (ROA) -8.83%
Return on Capital (ROIC) -11.89%
Revenue Per Employee $1.27M
Profits Per Employee -$947,387
Employee Count 150
Asset Turnover 0.30
Inventory Turnover n/a

Taxes

In the past 12 months, APLD has paid $96,000 in taxes.

Income Tax 96,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +47.60% in the last 52 weeks. The beta is 4.42, so APLD's price volatility has been higher than the market average.

Beta (5Y) 4.42
52-Week Price Change +47.60%
50-Day Moving Average 6.67
200-Day Moving Average 4.96
Relative Strength Index (RSI) 42.45
Average Volume (20 Days) 13,384,743

Short Selling Information

The latest short interest is 27.41 million, so 12.73% of the outstanding shares have been sold short.

Short Interest 27.41M
Short Previous Month 26.36M
Short % of Shares Out 12.73%
Short % of Float 15.74%
Short Ratio (days to cover) 2.09

Income Statement

In the last 12 months, APLD had revenue of $189.96 million and -$142.11 million in losses. Loss per share was -$1.13.

Revenue 189.96M
Gross Profit 5.78M
Operating Income -90.86M
Pretax Income -91.54M
Net Income -142.11M
EBITDA 15.07M
EBIT -90.86M
Loss Per Share -$1.13
Full Income Statement

Balance Sheet

The company has $58.22 million in cash and $425.77 million in debt, giving a net cash position of -$367.55 million or -$1.71 per share.

Cash & Cash Equivalents 58.22M
Total Debt 425.77M
Net Cash -367.55M
Net Cash Per Share -$1.71
Equity (Book Value) 297.13M
Book Value Per Share 1.54
Working Capital -302.56M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$66.61 million and capital expenditures -$164.02 million, giving a free cash flow of -$230.63 million.

Operating Cash Flow -66.61M
Capital Expenditures -164.02M
Free Cash Flow -230.63M
FCF Per Share -$1.07
Full Cash Flow Statement

Margins

Gross margin is 3.04%, with operating and profit margins of -47.83% and -74.81%.

Gross Margin 3.04%
Operating Margin -47.83%
Pretax Margin -74.76%
Profit Margin -74.81%
EBITDA Margin 7.93%
EBIT Margin -47.83%
FCF Margin -48.34%

Dividends & Yields

APLD does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -31.67%
Shareholder Yield -31.67%
Earnings Yield -8.97%
FCF Yield -14.55%

Analyst Forecast

The average price target for APLD is $11.29, which is 67.01% higher than the current price. The consensus rating is "Strong Buy".

Price Target $11.29
Price Target Difference 67.01%
Analyst Consensus Strong Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 13, 2022. It was a reverse split with a ratio of 0.1666667:1.

Last Split Date Apr 13, 2022
Split Type Reverse
Split Ratio 0.1666667:1

Scores

APLD has an Altman Z-Score of -0.33 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.33
Piotroski F-Score 1