QualityDipStocks / Miscellaneous · Multi-Sector Companies
Digital Turbine APPS
Outside our quality screen, so we don’t track its dips. It’s 41% below its 52-week high.
Outside our quality screen, trading well above our fair value estimate, 24% under its Market Value.
Worth knowing
- Down 45% from its 52-week high while revenue grew 19%
From the data on this page, as of the last close. How we pick these
- Fair value est.
- $2.78−67%
- Market Value
- $11.20price −24%
- Off 52-wk high
- −41%
- Risk vs market
- Highbeta 2.21
52-week range 49% of the way from its 52-week low to its high
Price $8.46Fair value est. $2.78Market Value $11.20
5 bullish · 5 bearish See why
Repriced or dip?
Dip: business intact
The price is 41% below its 52-week high (Aug 10), but the business held up: net cash (cash minus debt) 0.0% of market cap since the high, shares outstanding unchanged, operating margin 0.0 pts.
Some numbers held up (net cash (cash minus debt) 0.0% of market cap since the high, shares outstanding unchanged, operating margin 0.0 pts), others slipped. The price is 41% below its 52-week high.
The price is 41% below its 52-week high, and the business changed too.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 8 numbers, high vs now
- Revenue, last 12 months$600M → $600M (0.0%)about the same
- Free cash flow, 12 months$21M → $21M (0.0%)held up
- Operating margin10.3% → 10.3% (0.0 pts)held up
- Shares outstanding0.0% (unchanged)held up
- Net cash (cash minus debt)0.0% of market cap since the highheld up
- Stock vs its sector (Miscellaneous)stock −41%, sector median −5% since Aug 10changed
- Price fall vs business numbersprice −41%, revenue/EPS/FCF median 0% (shown, not scored)
- Valuation multipleP/FCF 81.9× at the high → 48.2× now (shown, not scored)
No new report since the high (Aug 10, 2026): the business numbers are the same as then, so this read is capped at 65. Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
At the high ($14.39, Aug 10) the price assumed about 34%/yr free-cash-flow growth; today about 23%. The last 3 years delivered −5%/yr (revenue).
Dashed line: what the last 3 years delivered, −5%/yr (revenue)
| High | Low | Now | |
|---|---|---|---|
| Price | $14.39Aug 10 | $2.82Apr 10 | $8.46 |
| Implied growth | +34% | n/a | +23% |
| P/FCF | 81.9× | — | 48.2× |
| EV/Sales | 3.4× | 1.2× | 2.2× |
What this means: the higher the implied growth, the more the price already counts on. If today's number sits well below what the business has delivered, the market expects less than its track record.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.0% ±2 points. Bear = 10.5% and 1.0%; bull = 8.5% and 5.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is above even the bull case.
What the price implies To be worth today’s price, APPS’s free cash flow would need to grow about 23% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much APPS moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 7.8× the S&P 500’s.
- Beta vs S&P 500
- 2.21
- Volatility
- 100% vs 13% SPY
- Correlation SPY
- 0.28
- Correlation QQQ
- 0.29
How it ranks
Where APPS stands vs every one of the 2,467 stocks we cover that has the number. Longer bar = better.
Not in the top quarter on any of these 6 measures
- Discount to fair value estimate67% · price above our base caseLowest 5%of 1,507
- Free cash flow yield2.1% · free cash flow vs market capLowest 31%of 1,690
- Dividends + buybacks yield0% · cash paid out or used to retire shares, vs market capLowest 1%of 2,227
- Revenue growth, last 12 months+19% · vs the 12 months beforeTop 27%of 2,184
- Operating margin10% · of sales kept as operating profitLowest 48%of 1,549
- Return on invested capital9.7% · profit per dollar of capitalTop 49%of 1,001
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $2.78 · MV $11.20 · FCF value $6.35
Assumes 3.0% growth for 5 years (revenue grew -5.3% a year FY23–FY26; floored at 3%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $0.18 a share (trailing 12 months to Jun 30, 2026), from the 10-Q filed Aug 5, 2026. Net debt $310M, not deducted.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ProfitabilityOperating margin widened to 6.0% in FY2026 from −68.8% in FY2024 (SEC filings).
GrowthSales grew 19% to $600M over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityGross margin widened to 56.9% in FY2026 from 51.8% in FY2024 (SEC filings).
ProfitabilityReturn on invested capital of 9.7%, above the 7.3% median for the 8 Miscellaneous companies we cover.
ValuationTrades 24.5% below its Market Value of $11.20, the average price paid since the Aug 5 filing.
Top bearish points 5 of 5
ValuationOur DCF fair value estimate is $2.78, 67% below the price.
Balance sheetOperating income covers interest only 1.0× over the last 12 months.
ProfitabilityLost $35M over the last 12 months (net income, SEC filings).
Cash returnsShare count up 13.2% in a year: existing holders are being diluted.
RiskSwings hard: beta 2.21 vs the S&P 500 and 100% yearly volatility (SPY 13%).
All fundamentals
FCF yield 2.1% · ROE -20% · Sales +19%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- 48.2×
- FCF yield
- 2.1%
- EV / EBITDA
- 10.5×
- Price / sales
- 1.70×
- Price / book
- 5.36×
- Market cap
- $1.0Bprice × diluted shares
- Enterprise value
- $1.3B
Growth
- Revenue, 12 months
- $600M
- Sales growth, 12 months
- +19.2%vs the 12 months before
- Sales growth, 3 yrs
- −5.3%/yrfrom FY2023
- Diluted EPS, 12 months
- −$0.29
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$35M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 57.3%
- Operating margin
- 10.3%
- Net margin
- −5.8%
- FCF margin
- 3.5%
- Return on equity
- −20%
- Return on invested capital
- 10%
Balance sheet
- Cash & short-term inv.
- $43M
- Total debt
- $353M
- Net cash
- −$310M
- Debt / equity
- 1.85×
- Interest coverage
- 1.0×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $21M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +13.2%diluted shares vs a year ago
- Stock-based comp
- $13M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Digital Turbine’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.0B · Sales +27%
- Free cash flow, 12 months$0.0B
- Free-cash-flow yield2.1%
- Free-cash-flow margin5%
- Gross margin49%
- Operating margin14%
- Return on invested capital13%
- Return on equity−20%
- Sales growth (latest quarter vs year-ago quarter)+27%
- Net debt / EBITDA2.5×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $8.46
- Fair value est.base case$2.78−67.1%
- 52-wk lowlowest close, 1 year$2.82−66.7%
- PriceMon Nov 2 close$8.46you are here
- Market Valueavg paid since Aug 5$11.20+32.4%
- 52-wk highhighest close, 1 year$14.39+70.1%
Momentum & 52-week range
RSI 37 · 5 days −12.1%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 9
- DateMon Nov 9, after the close
- Consensus EPS$0.14
- Year-ago EPS$0.10
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
APPS is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Digital Turbine in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 5:14 PM ET.
Compare with peers
Closest in size in Miscellaneous
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.