How does APP *'s PE Ratio compare to its peers?

APP * is expensive based on its Price-To-Earnings Ratio (99.5x) compared to the peer average (59.7x).

How does APP *'s PE Ratio compare vs other companies in the Global Software Industry?

APP * is expensive based on its Price-To-Earnings Ratio (99.5x) compared to the Global Software industry average (31.7x).

What is APP *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate APP *'s Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of APP * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

APP * (MX$6840) is trading above our estimate of [[fair value]] (MX$5974.36)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

APP * Stock Overview

Engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. More details

APP * fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	5/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 32.64% per year

Earnings grew by 1005.6% over the past year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

AppLovin Corporation Competitors

Cadence Design Systems

NasdaqGS:CDNS

US$82.7b

Synopsys

NasdaqGS:SNPS

US$76.1b

Intuit

NasdaqGS:INTU

US$180.2b

Workday

NasdaqGS:WDAY

US$72.6b

Price History & Performance

Summary of share price highs, lows and changes for AppLovin
Historical stock prices
Current Share Price	US$6,840.00
52 Week High	US$8,603.43
52 Week Low	US$1,732.00
Beta	2.28
1 Month Change	4.48%
3 Month Change	176.36%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	294.92%

Recent updates

Shareholder Returns

	APP *	MX Software	MX Market
7D	-4.6%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how APP * performed against the MX Software industry.

Return vs Market: Insufficient data to determine how APP * performed against the MX Market.

Price Volatility

Is APP *'s price volatile compared to industry and market?
APP * volatility
APP * Average Weekly Movement	n/a
Software Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: APP *'s share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine APP *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2011	1,731	Adam Foroughi	www.applovin.com

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company’s software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher’s advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.

AppLovin Corporation Fundamentals Summary

How do AppLovin's earnings and revenue compare to its market cap?
APP * fundamental statistics
Market cap	Mex$2.30t
Earnings (TTM)	Mex$23.08b
Revenue (TTM)	Mex$86.11b

99.5x

P/E Ratio

26.7x

P/S Ratio

Is APP * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APP * income statement (TTM)
Revenue	US$4.29b
Cost of Revenue	US$1.12b
Gross Profit	US$3.17b
Other Expenses	US$2.02b
Earnings	US$1.15b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.43
Gross Margin	73.89%
Net Profit Margin	26.80%
Debt/Equity Ratio	374.1%

How did APP * perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 11:31
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AppLovin Corporation is covered by 38 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Mak	Arete Research Services LLP
Ishan Majumdar	Baptista Research
Omar Dessouky	BofA Global Research

AppLovin BMV:APP * Stock Report