APLD vs EQIX vs BSAI Stock Comparison

Applied Digital, Equinix and Blusky Ai Prices as of Oct 27, 2026 Peers: Industry group
APLD Applied Digital Corp.
$19.51 -25.7% 1M -43.2% 1Y
Market cap
$5.80B
P/E
–
Revenue (TTM)
$853.85M
Div. yield
–
Data Centers Technology
2 wins
EQIX Equinix Inc
$999.38 -0.9% 1M +18.6% 1Y
Market cap
$98.61B
P/E
64.3x
Revenue (TTM)
$9.81B
Div. yield
2.02%
Data Centers Technology
6 wins
BSAI Blusky Ai Inc.
$9.00 +2.5% 1M +89.5% 1Y
Market cap
$225.71M
P/E
–
Revenue (TTM)
—
Div. yield
–
Data Centers Technology
1 win

Head to Head

9 decided of 12

Equinix leads on 6 of the 12 questions below (Equinix 6, Applied Digital 2, Blusky Ai 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPLDEQIXBSAILeader
Larger companyMarket capitalisation $5.80B $98.61B $225.71M EQIX
Cheaper on earningsLower P/E, profitable companies only -12.1x 64.3x -16.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 56.8x — –
Faster revenue growthRevenue growth, trailing twelve months +286.2% +9.6% — APLD
More profitableNet margin, trailing twelve months -54.9% 15.6% — EQIX
Better return on capitalReturn on invested capital -4.1% 5.6% — EQIX
Less leveragedLower net debt / EBITDA -18.4x 4.0x — APLD
Higher dividend yieldTrailing dividend yield — 2.02% — –
Better 1-year returnPrice return, last 12 months -43.2% +18.6% +89.5% BSAI
Better 5-year returnAnnualised price return, 5 years -7.5%/yr +3.4%/yr -5.6%/yr EQIX
Less volatileAnnualised volatility, 1 year 101.3% 26.0% 902.2% EQIX
Higher overall scoreMean of the five percentile scores vs peers 35/100 56/100 — EQIX

Percentile Scorecard

APLDEQIXBSAI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPLDEQIXBSAI
Valuation 30 #27 of 38 35 #25 of 38 –
Growth 51 #18 of 36 37 #23 of 36 3 #35 of 36
Profitability 30 #24 of 34 82 #7 of 34 –
Financial Health 43 #22 of 38 49 #20 of 38 16 #32 of 38
Shareholder Returns 20 #17 of 21 75 #6 of 21 –
Overall 35 56 –
  • APLD ranked among 39 companies in Cloud Computing
  • EQIX ranked among 39 companies in Cloud Computing
  • BSAI ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPLDEQIXBSAISPY
1 month -25.7%-0.9%+2.5% -0.2%
3 months -26.7%-3.4%+38.2% +3.9%
6 months -39.2%-7.2%+157.1% +8.2%
Year to date -20.4%+30.4%+66.7% +12.9%
1 year -43.2%+18.6%+89.5% +12.3%
3 years +305.6%+40.7%+1,400.0% +87.4%
3 years, per year +59.5%+12.1%+146.8% +23.3%
5 years -32.4%+17.9%-25.0% +67.9%
5 years, per year -7.5%+3.4%-5.6% +10.9%
10 years +22,171.7%+184.3%-98.0% +261.1%
10 years, per year +71.7%+11.0%-32.4% +13.7%

Risk

MeasureAPLDEQIXBSAISPY
Volatility, 1Y 101.3%26.0%902.2% 12.7%
Downside volatility, 1Y 95.0%23.1%1,043.7% 12.7%
Beta vs S&P 500, 1Y 4.430.568.47 1.00
Return / volatility, 1Y -0.430.720.10 0.97
Max drawdown, 5Y -97.0%-40.4%-99.9% -25.4%
From 52-week high -60.7%-10.4%-52.7% -1.2%
52-week high $49.65$1,115.94$19.01 $779.14
52-week low $17.83$726.09$0.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPLDEQIXBSAI
P/E now vs peer median -12.1xmedian 29.5x 64.3xmedian 29.5x -16.5xmedian 29.5x
P/S now vs peer median 6.8xmedian 4.5x 10.1xmedian 4.5x —median 4.5x
EV/EBITDA now vs peer median -49.6xmedian 23.9x 26.9xmedian 23.9x —median 23.9x
P/FCF now vs peer median -1.3xmedian 15.0x -38.2xmedian 15.0x —median 15.0x
P/B now vs peer median 3.6xmedian 4.3x 6.9xmedian 4.3x -139.3xmedian 4.3x
PEG now vs peer median 0.26median 0.38 2.98median 0.38 0.04median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPLDEQIXBSAI
Revenue $853.85M $9.81B –
Gross profit $273.30M $5.05B –
Operating income -$303.82M $2.14B -$3.00M
Net income -$351.47M $1.53B -$5.17M
Free cash flow -$4.46B -$2.58B –
EPS (diluted) $-1.61 $15.46 $-0.55
Cash & equivalents $2.95B $979.00M $507.55K
Total debt $6.38B $19.70B $3.10M
Shares (diluted) 291.56M 99.14M 25.03M
Enterprise value -$379.12M $87.16B $222.95M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPLDEQIXBSAI
P/E -12.1x 64.3x -16.5x
P/FCF -1.3x -38.2x –
P/Operating cash flow 24.6x 25.0x –
P/S 6.8x 10.1x –
P/B 3.6x 6.9x -139.3x
P/Tangible book 3.6x 7.5x -139.3x
EV/EBITDA -49.6x 26.9x –
EV/EBIT -30.4x 54.3x -75.1x
EV/Revenue 10.8x 11.8x –
EV/FCF -2.1x -44.9x –
EV/Operating cash flow 39.2x 29.4x –
PEG (3Y EPS CAGR) 0.26 2.98 0.04

Growth

14 metrics
MetricAPLDEQIXBSAI
Revenue growth (1Y) 286.2% 9.6% –
Revenue CAGR (3Y) 115.9% 7.2% –
Gross profit growth (1Y) 653.6% 12.7% –
Gross profit CAGR (3Y) 134.2% 8.2% –
Operating income growth (1Y) -254.9% 44.5% -54.1%
Operating income CAGR (3Y) -87.5% 17.1% -52.1%
Net income growth (1Y) -44.2% 54.2% -228.9%
Net income CAGR (3Y) -88.1% 23.8% -34.0%
EPS growth (1Y) -66.0% 52.5% -9.1%
EPS CAGR (3Y) -46.3% 21.6% -384.4%
Operating cash flow growth (1Y) 294.3% 12.9% –
Operating cash flow CAGR (3Y) 72.3% 9.4% –
Free cash flow growth (1Y) -346.5% -860.2% –
Free cash flow CAGR (3Y) -272.4% -142.7% –

Profitability

14 metrics
MetricAPLDEQIXBSAI
Gross margin 32.0% 51.5% –
EBITDA margin -21.8% 44.1% –
Operating margin -35.6% 21.8% –
Pretax margin -40.2% 17.4% –
Net margin -54.9% 15.6% –
FCF margin -521.8% -26.3% –
Operating cash flow margin 27.5% 40.2% –
Return on equity -21.1% 10.7% –
Return on assets -3.2% 3.7% -209.3%
Return on invested capital -4.1% 5.6% –
Return on capital employed -3.3% 5.8% –
Asset turnover 0.1x 0.2x –
Cash conversion (OCF / net income) -0.7x 2.6x –
Stock comp / revenue 31.8% 5.4% –

Financial Health

11 metrics
MetricAPLDEQIXBSAI
Debt / assets 54.5% 48.0% 8.1%
Debt / equity 4.0x 1.4x -0.1x
Net debt / EBITDA -18.4x 4.0x –
Debt / FCF -1.4x -7.6x –
Liabilities / assets 86.3% 65.0% 171.4%
Equity / assets 13.7% 35.0% -71.4%
Interest coverage -3.1x 3.8x -49.6x
Current ratio 2.6x 1.1x 0.1x
Quick ratio 1.9x 0.9x 0.1x
Cash ratio 1.9x 0.6x 0.1x
Altman Z-score 0.49 2.88 –

Shareholder Returns

7 metrics
MetricAPLDEQIXBSAI
Dividend yield – 2.0% –
Net buyback yield -15.9% -0.1% –
Shareholder yield -15.9% 1.9% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPLDEQIXBSAI
Forward P/E – 56.8xFY2026 –
EPS, next fiscal year $-1.69FY2026 $17.61FY2026 –
EPS growth, next FY – +28.0%FY2026 –
EPS growth, the year after – +10.8% –
Revenue, next fiscal year $1.00BFY2026 $10.81BFY2026 –
Revenue growth, next FY +64.0%FY2026 +17.3%FY2026 –
Revenue growth, the year after +87.8% -0.7% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPLDEQIXBSAI
Held by institutions 74.5% 97.5% –
Institutions holding 564 1,356 –
Change in shares held, QoQ +8.6% +3.3% –
Institutions buying 339 727 –
Institutions selling 164 420 –
Buyers to sellers 2.07 1.73 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APLDEQIXBSAI
APLD 1.00 0.34 0.20
EQIX 0.34 1.00 0.11
BSAI 0.20 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APLD, EQIX and BSAI?

Equinix (EQIX) is the largest by market capitalisation: Applied Digital (APLD) $5.80B, Equinix (EQIX) $98.61B, Blusky Ai (BSAI) $225.71M.

Which company is growing faster?

Applied Digital (APLD) grew revenue fastest over the trailing twelve months: Applied Digital (APLD) +286.2%, Equinix (EQIX) +9.6%.

Which company is more profitable?

Equinix (EQIX) has the highest net margin (Applied Digital (APLD) -54.9%, Equinix (EQIX) 15.6%). On return on invested capital, Equinix (EQIX) leads (Applied Digital (APLD) -4.1%, Equinix (EQIX) 5.6%).

Which stock has performed better?

Over the past year Blusky Ai (BSAI) returned the most: Applied Digital (APLD) -43.2%, Equinix (EQIX) +18.6%, Blusky Ai (BSAI) +89.5%. Over five years, Equinix (EQIX) compounded fastest (Applied Digital (APLD) -7.5%/yr, Equinix (EQIX) +3.4%/yr, Blusky Ai (BSAI) -5.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Equinix (EQIX) 2.02%. Applied Digital (APLD) and Blusky Ai (BSAI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Equinix (EQIX) has been the steadiest (Applied Digital (APLD) 101.3%, Equinix (EQIX) 26.0%, Blusky Ai (BSAI) 902.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APLD, EQIX and BSAI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Equinix (EQIX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.