Digital Turbine, Inc. (APPS) vs EverCommerce Inc. (EVCM)

Digital Turbine, Inc. and EverCommerce Inc. are both Software Application companies. EverCommerce Inc. is the larger, with a market value of $1.5B against $1.3B — 1.1× the size. Digital Turbine, Inc. has negative trailing earnings, so its P/E is not meaningful; EverCommerce Inc. trades at 44.7×. Digital Turbine, Inc. grew revenue faster over the last twelve months: 19.2% against 4.18%. EverCommerce Inc. has the higher net margin (5.69% vs −5.82%) and the lower return on invested capital (3.36% vs 7.72%). Across the 20 metrics below, EverCommerce Inc. leads on 12 and Digital Turbine, Inc. on 8.

Valuation

Metric APPS EVCM Software Application median
P/E n/m 44.72 24.79
P/S 2.23 2.38 2.67
P/B 7.04 1.99 3.01
Price to free cash flow 51.78 19.87 16.59
EV/EBITDA 11.70 14.52 14.40
EV/Sales 2.75 3.03 2.62
Earnings yield (2.83%) 2.24% 0.00%
Free cash flow yield 1.93% 5.03% 1.91%

Profitability

Metric APPS EVCM Software Application median
Gross margin 49.08% 77.82% 67.03%
Operating margin 10.29% 9.91% 0.00%
Net margin (5.82%) 5.69% 0.00%
Free cash flow margin 4.31% 11.99% 4.32%
Return on equity (20.40%) 4.67% 0.00%
Return on assets (4.21%) 2.45% 0.00%
Return on invested capital 7.72% 3.36% 0.00%

Growth

Metric APPS EVCM Software Application median
Revenue growth (TTM) 19.24% 4.18% 12.40%
EPS growth (last fiscal year) 62.92% 145.45% —
Revenue growth, 5-year CAGR 12.51% 11.78% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APPS EVCM Software Application median
Debt to equity 1.85 0.73 0.02
Current ratio 1.20 2.14 1.55
Net debt to EBITDA 2.70 3.05 0.06

Dividend

Metric APPS EVCM Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric APPS EVCM Software Application median
Market cap 1.33b 1.47b 396.11m

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