Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties. More Details
Solid track record with high growth potential.
Share Price & News
How has Digital Turbine's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APPS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: APPS's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: APPS exceeded the US Software industry which returned 38.6% over the past year.
Return vs Market: APPS exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Digital Turbine's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDigital Turbine, Inc. (NasdaqCM:APPS) Retains Strong Financials Despite the Pullback
1 month ago | Simply Wall StNew Forecasts: Here's What Analysts Think The Future Holds For Digital Turbine, Inc. (NASDAQ:APPS)
2 months ago | Simply Wall StDigital Turbine (NASDAQ:APPS) Could Easily Take On More Debt
Is Digital Turbine 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: APPS ($62.95) is trading below our estimate of fair value ($137.64)
Significantly Below Fair Value: APPS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APPS is poor value based on its PE Ratio (101.5x) compared to the US Software industry average (50.5x).
PE vs Market: APPS is poor value based on its PE Ratio (101.5x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: APPS is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: APPS is overvalued based on its PB Ratio (39x) compared to the US Software industry average (6.7x).
How is Digital Turbine forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APPS's forecast earnings growth (33.5% per year) is above the savings rate (2%).
Earnings vs Market: APPS's earnings (33.5% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APPS's revenue (31.5% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: APPS's revenue (31.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if APPS's Return on Equity is forecast to be high in 3 years time
How has Digital Turbine performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APPS has a large one-off loss of $16.2M impacting its March 31 2021 financial results.
Growing Profit Margin: APPS's current net profit margins (17.5%) are higher than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: APPS has become profitable over the past 5 years, growing earnings by 68.2% per year.
Accelerating Growth: APPS's earnings growth over the past year (284.3%) exceeds its 5-year average (68.2% per year).
Earnings vs Industry: APPS earnings growth over the past year (284.3%) exceeded the Software industry 34.7%.
Return on Equity
High ROE: APPS's Return on Equity (37.8%) is considered high.
How is Digital Turbine's financial position?
Financial Position Analysis
Short Term Liabilities: APPS's short term assets ($97.4M) do not cover its short term liabilities ($111.1M).
Long Term Liabilities: APPS's short term assets ($97.4M) exceed its long term liabilities ($4.1M).
Debt to Equity History and Analysis
Debt Level: APPS's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: APPS's debt to equity ratio has reduced from 12.7% to 10% over the past 5 years.
Debt Coverage: APPS's debt is well covered by operating cash flow (431.4%).
Interest Coverage: APPS's interest payments on its debt are well covered by EBIT (59x coverage).
What is Digital Turbine current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APPS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if APPS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APPS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APPS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Stone (53 yo)
Mr. William Gordon Stone, III, also known as Bill, has been the Chief Executive Officer of Digital Turbine, Inc. (known as Mandalay Digital Group) since October 2014. Mr. Stone served as Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD2.30M) is below average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Experienced Management: APPS's management team is considered experienced (3.3 years average tenure).
Experienced Board: APPS's board of directors are considered experienced (8.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Digital Turbine, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Digital Turbine, Inc.
- Ticker: APPS
- Exchange: NasdaqCM
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Market Cap: US$6.049b
- Shares outstanding: 96.09m
- Website: https://www.digitalturbine.com
Number of Employees
- Digital Turbine, Inc.
- 110 San Antonio Street
- Suite 160
- United States
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufact...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:33|
|End of Day Share Price||2021/07/30 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.