Digital Turbine, Inc. (APPS) vs PagerDuty (PD)

Digital Turbine, Inc. and PagerDuty are both Software Application companies. Digital Turbine, Inc. is the larger, with a market value of $1.3B against $1.2B — 1.1× the size. Digital Turbine, Inc. has negative trailing earnings, so its P/E is not meaningful; PagerDuty trades at 7.0×. Digital Turbine, Inc. grew revenue faster over the last twelve months: 19.2% against 2.30%. PagerDuty has the higher net margin (37.5% vs −5.82%) and the higher return on invested capital (12.6% vs 7.72%). Across the 20 metrics below, PagerDuty leads on 16 and Digital Turbine, Inc. on 4.

Valuation

Metric APPS PD Software Application median
P/E n/m 7.05 24.79
P/S 2.23 2.25 2.67
P/B 7.04 4.79 3.01
Price to free cash flow 51.78 9.47 16.59
EV/EBITDA 11.70 16.12 14.40
EV/Sales 2.75 2.22 2.62
Earnings yield (2.83%) 14.19% 0.00%
Free cash flow yield 1.93% 10.56% 1.91%

Profitability

Metric APPS PD Software Application median
Gross margin 49.08% 84.84% 67.03%
Operating margin 10.29% 6.47% 0.00%
Net margin (5.82%) 37.50% 0.00%
Free cash flow margin 4.31% 23.74% 4.32%
Return on equity (20.40%) 89.92% 0.00%
Return on assets (4.21%) 20.06% 0.00%
Return on invested capital 7.72% 12.60% 0.00%

Growth

Metric APPS PD Software Application median
Revenue growth (TTM) 19.24% 2.30% 12.40%
EPS growth (last fiscal year) 62.92% 416.95% —
Revenue growth, 5-year CAGR 12.51% 18.19% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APPS PD Software Application median
Debt to equity 1.85 1.71 0.02
Current ratio 1.20 2.02 1.55
Net debt to EBITDA 2.70 (1.69) 0.06

Dividend

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

Size

Metric APPS PD Software Application median
Market cap 1.33b 1.19b 396.11m

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