APPLOVIN CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 82.49 USD | -0.89% |
|
-4.56% | +107.00% |
| May. 14 | Ad Tech Services Q1 Demand Grows, But Industry Transparency Remains Key Issue, Macquarie Says | MT |
| May. 14 | AppLovin Insider Sold Shares Worth $12,177,316, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 35,274 | 3,914 | 13,382 | 27,140 | - | - |
| Enterprise Value (EV) 1 | 36,981 | 6,045 | 16,000 | 29,320 | 27,410 | 25,344 |
| P/E ratio | 1,047 x | -20.3 x | 40.7 x | 28.2 x | 22.2 x | 17.7 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 12.6 x | 1.39 x | 4.08 x | 6.2 x | 5.56 x | 5.02 x |
| EV / Revenue | 13.2 x | 2.15 x | 4.87 x | 6.7 x | 5.62 x | 4.69 x |
| EV / EBITDA | 50.9 x | 5.69 x | 10.6 x | 12.9 x | 10.4 x | 8.44 x |
| EV / FCF | 103 x | 15.6 x | 15.1 x | 17.3 x | 14.3 x | 11.4 x |
| FCF Yield | 0.97% | 6.4% | 6.61% | 5.77% | 7.01% | 8.78% |
| Price to Book | 16.5 x | 2.07 x | 10.8 x | 18.1 x | 8.71 x | 5.3 x |
| Nbr of stocks (in thousands) | 374,221 | 371,690 | 335,802 | 329,014 | - | - |
| Reference price 2 | 94.26 | 10.53 | 39.85 | 82.49 | 82.49 | 82.49 |
| Announcement Date | 2/16/22 | 2/8/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,451 | 2,793 | 2,817 | 3,283 | 4,375 | 4,881 | 5,404 |
| EBITDA 1 | - | 726.8 | 1,063 | 1,503 | 2,281 | 2,641 | 3,002 |
| EBIT 1 | - | 150 | -47.79 | 648.2 | 1,454 | 1,698 | 2,037 |
| Operating Margin | - | 5.37% | -1.7% | 19.74% | 33.24% | 34.79% | 37.7% |
| Earnings before Tax (EBT) 1 | - | 46.31 | -205.2 | 380.6 | 1,156 | 1,484 | 1,845 |
| Net income 1 | -125.2 | 31.7 | -192.7 | 354.9 | 1,018 | 1,300 | 1,645 |
| Net margin | -8.63% | 1.14% | -6.84% | 10.81% | 23.27% | 26.63% | 30.44% |
| EPS 2 | -0.5800 | 0.0900 | -0.5200 | 0.9800 | 2.925 | 3.723 | 4.663 |
| Free Cash Flow 1 | - | 360.5 | 386.9 | 1,057 | 1,690 | 1,921 | 2,224 |
| FCF margin | - | 12.91% | 13.73% | 32.2% | 38.64% | 39.36% | 41.16% |
| FCF Conversion (EBITDA) | - | 49.59% | 36.39% | 70.36% | 74.1% | 72.74% | 74.08% |
| FCF Conversion (Net income) | - | 1,136.99% | - | 297.87% | 166.04% | 147.79% | 135.21% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 3/2/21 | 2/16/22 | 2/8/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 793.5 | 625.4 | 776.2 | 713.1 | 702.3 | 715.4 | 750.2 | 864.3 | 953.3 | 1,058 | 1,078 | 1,102 | 1,138 | 1,185 | 1,211 |
| EBITDA 1 | 221.3 | 276.2 | 269.7 | 257.6 | 259.6 | 273.7 | 333.5 | 419.3 | 476.2 | 548.8 | 567.7 | 581.9 | 604.8 | 636.3 | 658.3 |
| EBIT 1 | 58.52 | -128 | 53.36 | 49.27 | -22.43 | 61.05 | 131.3 | 186.3 | 269.5 | 339.6 | 344.1 | 356.4 | 378.6 | 397.3 | 414 |
| Operating Margin | 7.38% | -20.46% | 6.87% | 6.91% | -3.19% | 8.53% | 17.51% | 21.56% | 28.27% | 32.09% | 31.92% | 32.33% | 33.27% | 33.54% | 34.2% |
| Earnings before Tax (EBT) 1 | 28.61 | -158 | 17.37 | 1.609 | -66.17 | -3.353 | 95.8 | 109.2 | 178.9 | 267.9 | 271.7 | 285.6 | 307.1 | 328.4 | 345.1 |
| Net income 1 | 31.05 | -115.3 | -21.75 | 23.65 | -79.51 | -4.518 | 80.04 | 107.8 | 171.5 | 234.8 | 243.1 | 257 | 279.7 | 300.7 | 321.3 |
| Net margin | 3.91% | -18.43% | -2.8% | 3.32% | -11.32% | -0.63% | 10.67% | 12.48% | 17.99% | 22.19% | 22.56% | 23.31% | 24.58% | 25.38% | 26.54% |
| EPS 2 | 0.0800 | -0.3100 | -0.0600 | 0.0600 | -0.2200 | -0.0100 | 0.2200 | 0.3000 | 0.4900 | 0.6700 | 0.7152 | 0.7545 | 0.8170 | 0.8860 | 0.9229 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/16/22 | 5/11/22 | 8/10/22 | 11/9/22 | 2/8/23 | 5/10/23 | 8/9/23 | 11/8/23 | 2/14/24 | 5/8/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 1,707 | 2,131 | 2,619 | 2,179 | 270 | - |
| Net Cash position 1 | - | - | - | - | - | - | 1,796 |
| Leverage (Debt/EBITDA) | - | 2.349 x | 2.005 x | 1.743 x | 0.9554 x | 0.1022 x | - |
| Free Cash Flow 1 | - | 360 | 387 | 1,057 | 1,690 | 1,921 | 2,224 |
| ROE (net income / shareholders' equity) | - | 3.2% | -9.54% | 22.5% | 94% | 49.7% | 43.2% |
| ROA (Net income/ Total Assets) | - | 0.76% | -3.21% | 6.33% | 14% | 13.1% | - |
| Assets 1 | - | 4,160 | 6,006 | 5,604 | 7,293 | 9,924 | - |
| Book Value Per Share 2 | - | 5.700 | 5.090 | 3.700 | 4.550 | 9.470 | 15.60 |
| Cash Flow per Share 2 | - | 1.060 | 1.040 | 2.930 | 5.230 | 6.360 | 7.430 |
| Capex 1 | - | 1.39 | 0.66 | 4.25 | 16.5 | 8.58 | 16.2 |
| Capex / Sales | - | 0.05% | 0.02% | 0.13% | 0.38% | 0.18% | 0.3% |
| Announcement Date | 3/2/21 | 2/16/22 | 2/8/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
82.49
USD
Average target price
93.24
USD
Spread / Average Target
+13.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +107.00% | 27.38B | |
| -18.97% | 216B | |
| -6.57% | 68.07B | |
| -0.60% | 57.68B | |
| -9.15% | 47.15B | |
| -1.08% | 40.34B | |
| -6.62% | 34.53B | |
| -9.69% | 28.59B | |
| +5.29% | 22.06B | |
| +10.24% | 14.43B |
- Stock Market
- Equities
- APP Stock
- Financials AppLovin Corporation
