Applied Digital Corporation (APLD)
NASDAQ: APLD · IEX Real-Time Price · USD
4.250
+0.010 (0.24%)
At close: May 23, 2024, 4:00 PM
4.300
+0.050 (1.18%)
After-hours: May 23, 2024, 7:58 PM EDT

Applied Digital Statistics

Total Valuation

APLD has a market cap or net worth of $569.78 million. The enterprise value is $830.11 million.

Market Cap 569.78M
Enterprise Value 830.11M

Important Dates

The next estimated earnings date is Monday, July 22, 2024, before market open.

Earnings Date Jul 22, 2024
Ex-Dividend Date n/a

Share Statistics

APLD has 134.07 million shares outstanding. The number of shares has increased by 29.01% in one year.

Shares Outstanding 134.07M
Shares Change (YoY) +29.01%
Shares Change (QoQ) +10.73%
Owned by Insiders (%) 25.74%
Owned by Institutions (%) 51.67%
Float 83.35M

Valuation Ratios

PE Ratio n/a
Forward PE 27.03
PS Ratio 3.96
Forward PS 1.98
PB Ratio 4.81
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.77
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.30, with a Debt / Equity ratio of 2.48.

Current Ratio 0.30
Quick Ratio 0.10
Debt / Equity 2.48
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -8.45

Financial Efficiency

Return on equity (ROE) is -79.10% and return on invested capital (ROIC) is -12.98%.

Return on Equity (ROE) -79.10%
Return on Assets (ROA) -21.00%
Return on Capital (ROIC) -12.98%
Revenue Per Employee $1.19M
Profits Per Employee -$754,521
Employee Count 121
Asset Turnover 0.33
Inventory Turnover n/a

Taxes

Income Tax -243,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -46.47% in the last 52 weeks. The beta is 4.16, so APLD's price volatility has been higher than the market average.

Beta (1Y) 4.16
52-Week Price Change -46.47%
50-Day Moving Average 3.48
200-Day Moving Average 4.96
Relative Strength Index (RSI) 64.34
Average Volume (30 Days) 3,560,687

Short Selling Information

The latest short interest is 17.81 million, so 13.28% of the outstanding shares have been sold short.

Short Interest 17.81M
Short Previous Month 22.96M
Short % of Shares Out 13.28%
Short % of Float 21.36%
Short Ratio (days to cover) 4.10

Income Statement

In the last 12 months, APLD had revenue of $143.91 million and -$91.30 million in losses. Loss per share was -$0.82.

Revenue 143.91M
Gross Profit 27.28M
Operating Income -53.56M
Pretax Income -91.54M
Net Income -91.30M
EBITDA -66.32M
EBIT -81.85M
Loss Per Share -$0.82
Full Income Statement

Balance Sheet

The company has $33.98 million in cash and $294.31 million in debt, giving a net cash position of -$260.33 million or -$1.94 per share.

Cash & Cash Equivalents 33.98M
Total Debt 294.31M
Net Cash -260.33M
Net Cash Per Share -$1.94
Equity / Book Value 118.49M
Book Value Per Share 0.88
Working Capital -243.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $52.49 million and capital expenditures -$122.06 million, giving a free cash flow of -$69.57 million.

Operating Cash Flow 52.49M
Capital Expenditures -122.06M
Free Cash Flow -69.57M
FCF Per Share -$0.57
Full Cash Flow Statement

Margins

Gross margin is 18.96%, with operating and profit margins of -37.22% and -63.44%.

Gross Margin 18.96%
Operating Margin -37.22%
Pretax Margin -63.61%
Profit Margin -63.44%
EBITDA Margin -46.08%
EBIT Margin -56.88%
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 -29.01%
Shareholder Yield -29.01%
Earnings Yield -16.02%
FCF Yield -12.21%

Analyst Forecast

The average price target for APLD is $10.14, which is 138.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target $10.14
Price Target Difference 138.59%
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 1:6.

Last Split Date Apr 13, 2022
Split Type Reverse
Split Ratio 1:6

Scores

APLD has an Altman Z-Score of -0.4 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.4
Piotroski F-Score 5