NasdaqCM:APPS

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Executive Summary

Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and other third parties worldwide. More Details


Snowflake Analysis

High growth potential with proven track record.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.8%

APPS

-2.1%

US Software

-0.4%

US Market


1 Year Return

368.2%

APPS

58.2%

US Software

18.3%

US Market

Return vs Industry: APPS exceeded the US Software industry which returned 58.2% over the past year.

Return vs Market: APPS exceeded the US Market which returned 18.3% over the past year.


Shareholder returns

APPSIndustryMarket
7 Day-11.8%-2.1%-0.4%
30 Day11.8%8.4%8.0%
90 Day177.7%13.6%9.4%
1 Year368.2%368.2%59.3%58.2%21.0%18.3%
3 Year2,042.4%2,042.4%139.2%131.2%42.1%32.7%
5 Year1,939.2%1,939.2%257.5%236.7%85.6%64.7%

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

Valuation

Is Digital Turbine undervalued compared to its fair value and its price relative to the market?

112.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: APPS ($33.85) is trading above our estimate of fair value ($19.95)

Significantly Below Fair Value: APPS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: APPS is poor value based on its PE Ratio (112.4x) compared to the US Software industry average (62.8x).

PE vs Market: APPS is poor value based on its PE Ratio (112.4x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: APPS is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: APPS is overvalued based on its PB Ratio (33.2x) compared to the US Software industry average (7.4x).


Next Steps

Future Growth

How is Digital Turbine forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

26.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APPS's forecast earnings growth (26.1% per year) is above the savings rate (2.2%).

Earnings vs Market: APPS's earnings (26.1% per year) are forecast to grow faster than the US market (22.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: APPS's revenue (22.8% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: APPS's revenue (22.8% 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


Next Steps

Past Performance

How has Digital Turbine performed over the past 5 years?

47.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APPS has high quality earnings.

Growing Profit Margin: APPS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: APPS has become profitable over the past 5 years, growing earnings by 47.2% per year.

Accelerating Growth: APPS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: APPS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (12.8%).


Return on Equity

High ROE: APPS's Return on Equity (29%) is considered high.


Next Steps

Financial Health

How is Digital Turbine's financial position?


Financial Position Analysis

Short Term Liabilities: APPS's short term assets ($65.4M) do not cover its short term liabilities ($79.1M).

Long Term Liabilities: APPS's short term assets ($65.4M) exceed its long term liabilities ($23.4M).


Debt to Equity History and Analysis

Debt Level: APPS's debt to equity ratio (22.1%) is considered satisfactory.

Reducing Debt: APPS's debt to equity ratio has increased from 12.3% to 22.1% over the past 5 years.

Debt Coverage: APPS's debt is well covered by operating cash flow (165.3%).

Interest Coverage: APPS's interest payments on its debt are well covered by EBIT (73.5x coverage).


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Bill Stone (52 yo)

6yrs

Tenure

US$1,446,097

Compensation

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 ($USD1.45M) is below average for companies of similar size in the US market ($USD5.61M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Stone
CEO & Director6yrsUS$1.45m1.08%
$ 32.2m
Barrett Garrison
Executive VP & CFO4.08yrsUS$859.43k0.26%
$ 7.8m
David Wesch
Chief Accounting Officer & Controller4.33yrsUS$244.39k0.00052%
$ 15.4k
Christine Collins
Chief Technology Officer2.58yrsUS$689.51k0%
$ 0
Kirstie Brown
Executive Vice President of Global Finance & Operations7.33yrsUS$458.76kno data
Nicholas Montes
Head of Americas & Executive VP of Global Business Developmentno datano datano data
Matt Tubergen
Executive Vice President of Digital Turbine Media3.42yrsno datano data
Brian Bartholomew
Senior Vice President of Capital Markets & Strategyno datano datano data

4.2yrs

Average Tenure

44yo

Average Age

Experienced Management: APPS's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Stone
CEO & Director6yrsUS$1.45m1.08%
$ 32.2m
Mohanbir Gyani
Independent Director4.75yrsUS$108.75k0.37%
$ 10.9m
Christopher Rogers
Independent Director8.42yrsUS$113.75k0.37%
$ 10.8m
Robert Deutschman
Independent Chairman of the Board5.83yrsUS$172.50k1.04%
$ 30.7m
John Bendheim
Member of Advisory Board8.42yrsno datano data
Roy Chestnutt
Independent Director2.33yrsUS$110.00k0.11%
$ 3.3m
Mark Shapiro
Member of Advisory Board9.33yrsno datano data
Michael Lambert
Member of Advisory Board9.17yrsno datano data
Tim Spengler
Member of Advisory Boardno datano datano data
John Schneider
Member of Advisory Board9.5yrsno datano data
Fred Goldring
Member of Advisory Board9.42yrsno datano data
Jeffrey Karish
Independent Director7.42yrsUS$107.50k0.38%
$ 11.3m

8.4yrs

Average Tenure

60yo

Average Age

Experienced Board: APPS's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: APPS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.


Top Shareholders

Company Information

Digital Turbine, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Digital Turbine, Inc.
  • Ticker: APPS
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$2.965b
  • Shares outstanding: 87.58m
  • Website: https://www.digitalturbine.com

Number of Employees


Location

  • Digital Turbine, Inc.
  • 110 San Antonio Street
  • Suite 160
  • Austin
  • Texas
  • 78701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APPSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2006
4MDDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2006

Biography

Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:18
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.