Digital Turbine, Inc. (APPS)
Total Valuation
APPS has a market cap or net worth of $903.69 million. The enterprise value is $1.24 billion.
| Market Cap | 903.69M |
| Enterprise Value | 1.24B |
Important Dates
The last earnings date was Wednesday, May 24, 2023, after market close.
| Earnings Date | May 24, 2023 |
| Ex-Dividend Date | n/a |
Share Statistics
APPS has 99.20 million shares outstanding. The number of shares has decreased by -0.80% in one year.
| Shares Outstanding | 99.20M |
| Shares Change (YoY) | -0.80% |
| Shares Change (QoQ) | -6.88% |
| Owned by Insiders (%) | 3.61% |
| Owned by Institutions (%) | 73.11% |
| Float | 89.89M |
Valuation Ratios
The trailing PE ratio is 56.94 and the forward PE ratio is 11.39. APPS's PEG ratio is 1.14.
| PE Ratio | 56.94 |
| Forward PE | 11.39 |
| PS Ratio | 1.36 |
| Forward PS | 2.11 |
| PB Ratio | 1.50 |
| P/FCF Ratio | 10.10 |
| PEG Ratio | 1.14 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.81, with an EV/FCF ratio of 13.84.
| EV / Earnings | 74.29 |
| EV / Sales | 1.86 |
| EV / EBITDA | 9.81 |
| EV / EBIT | 27.42 |
| EV / FCF | 13.84 |
Financial Position
The company has a current ratio of 1.20, with a Debt / Equity ratio of 0.68.
| Current Ratio | 1.20 |
| Quick Ratio | 1.15 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 3.25 |
| Debt / FCF | 4.59 |
Financial Efficiency
Return on equity (ROE) is 2.80% and return on invested capital (ROIC) is 9.80%.
| Return on Equity (ROE) | 2.80% |
| Return on Assets (ROA) | 1.20% |
| Return on Capital (ROIC) | 9.80% |
| Revenue Per Employee | $789,005 |
| Profits Per Employee | $19,755 |
| Employee Count | 844 |
| Asset Turnover | 0.49 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, APPS has paid $5.15 million in taxes.
| Income Tax | 5.15M |
| Effective Tax Rate | 23.58% |
Stock Price Statistics
The stock price has decreased by -63.62% in the last 52 weeks. The beta is 2.46, so APPS's price volatility has been higher than the market average.
| Beta (1Y) | 2.46 |
| 52-Week Price Change | -63.62% |
| 50-Day Moving Average | 12.03 |
| 200-Day Moving Average | 14.78 |
| Average Volume (30 Days) | 2,115,685 |
Short Selling Information
The latest short interest is 6.34 million, so 6.39% of the outstanding shares have been sold short.
| Short Interest | 6.34M |
| Short Previous Month | 6.55M |
| Short % of Shares Out | 6.39% |
| Short % of Float | 7.05% |
| Short Ratio (days to cover) | 4.93 |
Income Statement
In the last 12 months, APPS had revenue of $665.92 million and earned $16.67 million in profits. Earnings per share was $0.16.
| Revenue | 665.92M |
| Gross Profit | 320.23M |
| Operating Income | 46.17M |
| Pretax Income | 21.82M |
| Net Income | 16.67M |
| EBITDA | 126.24M |
| EBIT | 45.17M |
| Earnings Per Share (EPS) | $0.16 |
Balance Sheet
The company has $75.56 million in cash and $410.52 million in debt, giving a net cash position of -$334.96 million or -$3.38 per share.
| Cash & Cash Equivalents | 75.56M |
| Total Debt | 410.52M |
| Net Cash | -334.96M |
| Net Cash Per Share | -$3.38 |
| Equity / Book Value | 603.14M |
| Book Value Per Share | 6.08 |
| Working Capital | 45.15M |
Cash Flow
In the last 12 months, operating cash flow was $113.38 million and capital expenditures -$23.86 million, giving a free cash flow of $89.52 million.
| Operating Cash Flow | 113.38M |
| Capital Expenditures | -23.86M |
| Free Cash Flow | 89.52M |
| FCF Per Share | $0.91 |
Margins
Gross margin is 48.09%, with operating and profit margins of 6.93% and 2.50%.
| Gross Margin | 48.09% |
| Operating Margin | 6.93% |
| Pretax Margin | 3.28% |
| Profit Margin | 2.50% |
| EBITDA Margin | 18.96% |
| EBIT Margin | 6.78% |
| FCF Margin | 13.44% |
Dividends & Yields
APPS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 1.85% |
| FCF Yield | 9.91% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.80% |
| Shareholder Yield | 0.80% |
Analyst Forecast
The average price target for APPS is $12.80, which is 40.51% higher than the current price. The consensus rating is "Buy".
| Price Target | $12.80 |
| Price Target Difference | 40.51% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | 3.95% |
| EPS Growth Forecast (5Y) | 36.23% |
Stock Splits
The last stock split was on April 15, 2013. It was a reverse split with a ratio of 1:5.
| Last Split Date | Apr 15, 2013 |
| Split Type | Reverse |
| Split Ratio | 1:5 |