AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$73.57|
|52 Week High||US$49.41|
|52 Week Low||US$90.03|
|1 Month Change||17.58%|
|3 Month Change||-16.60%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||12.84%|
Recent News & Updates
Cloud Stocks: AppLovin Fails To Woo The Market
AppLovin’s software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their apps. AppLovin believes that its market opportunity is expected to grow from $189 billion in 2020 to $283 billion in 2024 at a CAGR of 10.6%. AppLovin has shown significant growth over the recent past. Its revenues have grown 76% annually over the period 2016 to 2020. For 2020, its revenues grew 46% to $1.45 billion.
|APP||US Software||US Market|
Return vs Industry: Insufficient data to determine how APP performed against the US Software industry.
Return vs Market: Insufficient data to determine how APP performed against the US Market.
Stable Share Price: APP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: Insufficient data to determine APP's volatility change over the past year.
About the Company
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps worldwide. The company’s software solutions include AppDiscovery, a solution to automate, optimize, and manage user acquisition investments for business clients; and MAX, an in-app bidding solution that optimizes purchases of app ad inventory. Its business clients include various advertisers, internet platforms, and others.
AppLovin Fundamentals Summary
|APP fundamental statistics|
Is APP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APP income statement (TTM)|
|Cost of Revenue||US$829.99m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.42|
|Net Profit Margin||-4.87%|
How did APP perform over the long term?See historical performance and comparison
Is AppLovin undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APP ($73.57) is trading below our estimate of fair value ($103.89)
Significantly Below Fair Value: APP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APP is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: APP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APP is overvalued based on its PB Ratio (13.7x) compared to the US Software industry average (7x).
How is AppLovin forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: APP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: APP's is expected to become profitable in the next 3 years.
Revenue vs Market: APP's revenue (20.5% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: APP's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APP's Return on Equity is forecast to be low in 3 years time (17.1%).
How has AppLovin performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: APP is currently unprofitable.
Growing Profit Margin: APP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if APP's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare APP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APP is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).
Return on Equity
High ROE: APP has a negative Return on Equity (-5.26%), as it is currently unprofitable.
How is AppLovin's financial position?
Financial Position Analysis
Short Term Liabilities: APP's short term assets ($1.7B) exceed its short term liabilities ($603.2M).
Long Term Liabilities: APP's short term assets ($1.7B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: APP's debt to equity ratio (88%) is considered high.
Reducing Debt: Insufficient data to determine if APP's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable APP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: APP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.3% per year.
What is AppLovin current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if APP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adam Foroughi (40 yo)
Mr. Adam Foroughi is a Co-Founder of AppLovin Corporation and has been its Chief Executive Officer and Director since December 2011 and has been its Chairperson since March 2021. Mr. Foroughi serves as Chi...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD409.46K) is below average for companies of similar size in the US market ($USD11.26M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
Experienced Management: APP's management team is considered experienced (2.5 years average tenure).
Experienced Board: APP's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APP insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: APP only recently listed within the past 12 months.
AppLovin Corporation's employee growth, exchange listings and data sources
- Name: AppLovin Corporation
- Ticker: APP
- Exchange: NasdaqGS
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Market Cap: US$27.394b
- Shares outstanding: 372.35m
- Website: https://www.applovin.com
Number of Employees
- AppLovin Corporation
- 1100 Page Mill Road
- Palo Alto
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:49|
|End of Day Share Price||2021/09/15 00:00|
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.