AppLovin Corporation (APP) vs DoubleVerify Holdings, Inc. (DV)

AppLovin Corporation and DoubleVerify Holdings, Inc. are both Advertising Agencies companies. AppLovin Corporation is the larger, with a market value of $90.9B against $2.1B — 42.9× the size. AppLovin Corporation trades at the lower P/E: 25.9× against 33.9×. AppLovin Corporation grew revenue faster over the last twelve months: 71.3% against 7.16%. AppLovin Corporation has the higher net margin (65.9% vs 8.22%) and the higher return on invested capital (101.6% vs 7.30%). Across the 22 metrics below, AppLovin Corporation leads on 12 and DoubleVerify Holdings, Inc. on 10.

Valuation

Metric APP DV Advertising Agencies median
P/E 25.86 33.90 21.54
P/S 16.91 2.68 0.71
P/B 39.01 1.86 1.05
Price to free cash flow 26.74 12.59 9.66
EV/EBITDA 21.35 11.00 11.94
EV/Sales 16.98 2.38 1.00
Earnings yield 3.87% 2.95% (2.99%)
Free cash flow yield 3.74% 7.94% 0.00%

Profitability

Metric APP DV Advertising Agencies median
Gross margin 88.78% 82.17% 42.75%
Operating margin 77.78% 13.33% 0.00%
Net margin 65.89% 8.22% (3.09%)
Free cash flow margin 64.44% 21.27% 0.00%
Return on equity 210.09% 5.85% 0.00%
Return on assets 67.18% 4.88% 0.00%
Return on invested capital 101.59% 7.30% 0.00%

Growth

Metric APP DV Advertising Agencies median
Revenue growth (TTM) 71.27% 7.16% 2.99%
EPS growth (last fiscal year) 115.23% (6.25%) 44.63%
Revenue growth, 5-year CAGR 30.45% 25.13% 5.40%
Net income growth, 5-year CAGR 0.00% 19.88% 0.00%

Health

Metric APP DV Advertising Agencies median
Debt to equity 1.07 0.01 0.04
Current ratio 3.80 4.69 1.72
Net debt to EBITDA 0.23 (1.86) 0.02

Dividend

Metric APP DV Advertising Agencies median
Dividend yield — — 3.72%
Payout ratio — — —

Size

Metric APP DV Advertising Agencies median
Market cap 90.90b 2.12b 58.26m

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