Digital Turbine Intrinsic Value Calculation – Should You Invest in Digital Turbine on Monday?
December 20, 2023
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Is investing in Digital Turbine ($NASDAQ:APPS) Inc stock a good idea for your portfolio on Monday? Digital Turbine Inc is an American company that provides mobile advertising and app monetization solutions. It offers a range of products and services that help advertisers acquire, engage, and measure user interactions. The company’s mobile marketing automation platform, Ignite, enables organizations to measure, manage, and optimize their mobile advertising campaigns. Digital Turbine also provides brand protection and loyalty solutions, such as Opt-In and Opt-Out solutions, as well as an application store optimization platform for Google Play and Apple App Store. Given its strong performance over the past year, it could be an attractive investment option for long-term investors.
However, it is important to research Digital Turbine before investing on Monday to ensure it is a good fit for your portfolio. Analyzing the company’s financials, recent developments, industry trends, and other factors can help you decide if it is a sound investment.
Share Price
Investment decisions should not be based on a single day’s performance, but rather on a thorough analysis of the company’s financials and outlook. On Tuesday, Digital Turbine Inc. (DIGITAL TURBINE) stock opened at $7.0 and closed at $7.1, up by 3.5% from last closing price of 6.8. This could indicate that the stock is on an upward trend, however it is important to look at the broader picture before making an investment decision. Analyzing the company’s financials is essential for evaluating potential investments in DIGITAL TURBINE. It is crucial to understand the company’s competitive landscape, including its rivals and the strategies they use to stay ahead of the competition.
Additionally, analyzing the company’s balance sheet and cash flow statements can provide insight into how well the company is performing financially, while also helping to determine its future prospects. Overall, whether or not to invest in DIGITAL TURBINE on Monday depends on a thorough analysis of the company’s financials and overall outlook. The 3.5% increase in stock price on Tuesday may provide some indication of a potential upswing, but it is important to carry out further research and analysis before making any investment decisions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Digital Turbine. More…
| Total Revenues | Net Income | Net Margin |
| 592.05 | -179.57 | -6.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Digital Turbine. More…
| Operations | Investing | Financing |
| 77.84 | -36.41 | -65.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Digital Turbine. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.09k | 643.33 | 4.43 |
Key Ratios Snapshot
Some of the financial key ratios for Digital Turbine are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 42.3% | 51.7% | -1.6% |
| FCF Margin | ROE | ROA |
| 8.9% | -1.1% | -0.5% |
Analysis – Digital Turbine Intrinsic Value Calculation
At GoodWhale, we offer a complete analysis of DIGITAL TURBINE‘s fundamentals. Through our proprietary Valuation Line, we determined the intrinsic value of DIGITAL TURBINE share to be around $29.2. Yet, it’s currently trading at $7.1, representing a huge potential for upside as the stock is undervalued by 75.7%. Therefore, investors may find the stock to be a great opportunity for long-term growth. More…
Peers
Digital Turbine Inc is in competition with The Trade Desk Inc, Apple Inc, and Newborn Town Inc. All of these companies are vying for a piece of the digital advertising pie. Digital Turbine Inc has a lot of experience in the industry, and it has been able to adapt to the ever-changing landscape. Its competitors are all large companies with a lot of resources, but they have not been able to keep up with Digital Turbine Inc’s innovation.
– The Trade Desk Inc ($NASDAQ:TTD)
The Trade Desk Inc is a technology company that provides a self-service omnichannel software platform for advertising buyers. The company has a market cap of 26.66B as of 2022 and a Return on Equity of 1.45%. The Trade Desk’s platform enables its clients to purchase and manage advertising inventory across various channels, including display, video, audio, native, and social, on a self-service basis. The company was founded in 2009 and is headquartered in Los Angeles, CA.
– Apple Inc ($NASDAQ:AAPL)
Apple Inc, is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker. Apple’s software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iWork productivity suite. Its online services include the iTunes Store, the iOS App Store, and Mac App Store, Apple Music, and iCloud.
Apple has a market cap of 2.29T as of 2022 and a Return on Equity of 162.51%.
– Newborn Town Inc ($SEHK:09911)
Newborn Town Inc is a publicly traded company with a market capitalization of 1.72 billion as of 2022. The company has a return on equity of -34.07%. Newborn Town Inc is a provider of online marketing and advertising services. The company offers a range of services, including search engine optimization, social media marketing, and email marketing. Newborn Town Inc is headquartered in New York, New York.
Summary
Digital Turbine Inc. (DIG) is a mobile technology and media company that operates an independent app store and monetization platform. It has gained attention in recent months due to its strong stock performance. Investors may be drawn to the company’s mobile technology platform, which enables advertisers to reach consumers through mobile devices and enhance user engagement.
Additionally, DIG is well-positioned to benefit from the increasing use of mobile applications, as well as the growth of connected devices such as TVs and gaming consoles. As a result, investors may want to consider adding DIG to their portfolio as it could prove to be a long-term growth play.
