APPS vs CRTO vs MGNI Stock Comparison

Digital Turbine, Criteo and Magnite Prices as of Nov 5, 2026 Peers: Industry group
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APPS Digital Turbine, Inc.
$9.67 -7.8% 1M +32.6% 1Y
Market cap
$1.17B
P/E
–
Revenue (TTM)
$600.31M
Div. yield
–
Digital Advertising Technology
2 wins
CRTO Criteo S.A.
$15.38 +3.9% 1M -31.0% 1Y
Market cap
$754.62M
P/E
10.4x
Revenue (TTM)
$1.81B
Div. yield
–
Digital Advertising Technology
4 wins
MGNI Magnite, Inc.
$27.52 +10.8% 1M +60.9% 1Y
Market cap
$3.95B
P/E
21.8x
Revenue (TTM)
$766.75M
Div. yield
–
Digital Advertising Technology
5 wins

Head to Head

11 decided of 12

Magnite leads on 5 of the 12 questions below (Magnite 5, Criteo 4, Digital Turbine 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPPSCRTOMGNILeader
Larger companyMarket capitalisation $1.17B $754.62M $3.95B MGNI
Cheaper on earningsLower P/E, profitable companies only -33.4x 10.4x 21.8x CRTO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.4x 4.5x 24.8x CRTO
Faster revenue growthRevenue growth, trailing twelve months +19.2% -7.5% +9.1% APPS
More profitableNet margin, trailing twelve months -5.8% 4.0% 23.6% MGNI
Better return on capitalReturn on invested capital 11.2% 6.0% 10.9% APPS
Less leveragedLower net debt / EBITDA 2.2x — -0.2x MGNI
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +32.6% -31.0% +60.9% MGNI
Better 5-year returnAnnualised price return, 5 years -32.8%/yr -17.7%/yr +4.0%/yr MGNI
Less volatileAnnualised volatility, 1 year 93.2% 57.7% 60.3% CRTO
Higher overall scoreMean of the five percentile scores vs peers 36/100 70/100 59/100 CRTO

Percentile Scorecard

APPSCRTOMGNI

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

AxisAPPSCRTOMGNI
Valuation 43 #95 of 166 96 #7 of 166 46 #90 of 166
Growth 54 #71 of 154 35 #101 of 154 78 #34 of 154
Profitability 52 #74 of 154 65 #55 of 154 78 #35 of 154
Financial Health 17 #148 of 179 68 #58 of 179 48 #94 of 179
Shareholder Returns 12 #86 of 97 88 #13 of 97 46 #53 of 97
Overall 36 70 59
  • APPS ranked among 185 companies in Internet Platforms
  • CRTO ranked among 185 companies in Internet Platforms
  • MGNI ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodAPPSCRTOMGNISPY
1 month -7.8%+3.9%+10.8% -5.9%
3 months -32.2%-12.5%+13.2% -4.6%
6 months +142.4%-6.5%+96.6% +0.2%
Year to date +93.4%-25.4%+69.6% +7.5%
1 year +32.6%-31.0%+60.9% +8.2%
3 years +93.0%-34.6%+281.7% +68.3%
3 years, per year +24.5%-13.2%+56.3% +19.0%
5 years -86.3%-62.2%+21.4% +56.5%
5 years, per year -32.8%-17.7%+4.0% +9.4%
10 years +1,387.7%-63.2%+332.0% +251.5%
10 years, per year +31.0%-9.5%+15.8% +13.4%

Risk

MeasureAPPSCRTOMGNISPY
Volatility, 1Y 93.2%57.7%60.3% 13.6%
Downside volatility, 1Y 79.9%66.1%58.5% 14.2%
Beta vs S&P 500, 1Y 1.880.410.43 1.00
Return / volatility, 1Y 0.35-0.541.01 0.60
Max drawdown, 5Y -98.3%-71.5%-76.0% -25.4%
From 52-week high -32.8%-33.9%0.0% -5.9%
52-week high $14.39$23.28$27.52 $779.14
52-week low $2.82$14.17$11.20 $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.

MultipleAPPSCRTOMGNI
P/E now vs peer median -33.4xmedian 18.0x 10.4xmedian 18.0x 21.8xmedian 18.0x
P/S now vs peer median 1.9xmedian 1.3x 0.4xmedian 1.3x 5.2xmedian 1.3x
EV/EBITDA now vs peer median 10.5xmedian 15.5x —median 15.5x 19.5xmedian 15.5x
P/FCF now vs peer median 55.2xmedian 11.4x 5.7xmedian 11.4x 16.4xmedian 11.4x
P/B now vs peer median 6.1xmedian 1.7x 0.6xmedian 1.7x 4.1xmedian 1.7x
PEG now vs peer median 0.51median 0.38 0.08median 0.38 0.55median 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 monthsAPPSCRTOMGNI
Revenue $600.31M $1.81B $766.75M
Gross profit $343.76M $950.02M $510.77M
Operating income $61.76M $118.88M $141.45M
Net income -$34.96M $72.83M $180.84M
Free cash flow $21.19M $131.78M $240.36M
R&D $40.92M $274.10M $91.31M
EPS (diluted) $-0.29 $1.45 $1.20
Cash & equivalents $43.21M $274.84M $392.86M
Total debt $352.86M $8.55M $349.95M
Shares (diluted) 120.67M 49.80M 150.81M
Enterprise value $1.01B -$503.59M $2.49B

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
MetricAPPSCRTOMGNI
P/E -33.4x 10.4x 21.8x
P/FCF 55.2x 5.7x 16.4x
P/Operating cash flow 23.0x 2.6x 13.3x
P/S 1.9x 0.4x 5.2x
P/B 6.1x 0.6x 4.1x
P/Tangible book -65.4x 0.7x 4.1x
EV/EBITDA 10.5x – 19.5x
EV/EBIT 23.9x 3.9x 27.6x
EV/Revenue 2.5x 0.3x 5.1x
EV/FCF 69.8x 3.5x 16.3x
EV/Operating cash flow 29.1x 1.6x 13.1x
PEG (3Y EPS CAGR) 0.51 0.08 0.55

Growth

14 metrics
MetricAPPSCRTOMGNI
Revenue growth (1Y) 19.2% -7.5% 9.1%
Revenue CAGR (3Y) -1.3% -2.4% 8.0%
Gross profit growth (1Y) 29.3% -9.8% 16.7%
Gross profit CAGR (3Y) 1.1% 4.5% 48.1%
Operating income growth (1Y) 244.8% -47.1% 64.8%
Operating income CAGR (3Y) 53.7% 46.8% 38.3%
Net income growth (1Y) 56.9% -58.4% 211.9%
Net income CAGR (3Y) -75.9% 92.5% 40.9%
EPS growth (1Y) 61.9% -53.6% 216.8%
EPS CAGR (3Y) -65.1% 125.2% 39.7%
Operating cash flow growth (1Y) 131.0% -10.6% 33.6%
Operating cash flow CAGR (3Y) -13.3% 15.0% 11.6%
Free cash flow growth (1Y) 396.8% -40.9% 38.5%
Free cash flow CAGR (3Y) -26.5% 11.3% 9.3%

Profitability

14 metrics
MetricAPPSCRTOMGNI
Gross margin 57.3% 52.5% 66.6%
EBITDA margin 23.5% – 26.2%
Operating margin 10.3% 6.6% 18.4%
Pretax margin -4.0% 6.8% 16.0%
Net margin -5.8% 4.0% 23.6%
FCF margin 3.5% 7.3% 31.3%
Operating cash flow margin 8.5% 15.8% 38.8%
Return on equity -17.9% 6.2% 19.1%
Return on assets -4.1% 3.6% 5.9%
Return on invested capital 11.2% 6.0% 10.9%
Return on capital employed 10.9% 8.9% 10.9%
Asset turnover 0.7x 0.9x 0.2x
Cash conversion (OCF / net income) -1.5x 3.9x 1.6x
Stock comp / revenue 2.1% 2.5% 9.6%

Financial Health

11 metrics
MetricAPPSCRTOMGNI
Debt / assets 41.8% 0.4% 11.2%
Debt / equity 1.9x 0.0x 0.4x
Net debt / EBITDA 2.2x – -0.2x
Debt / FCF 16.6x 0.1x 1.5x
Liabilities / assets 77.4% 41.9% 69.3%
Equity / assets 22.6% 58.1% 30.7%
Interest coverage – – 7.2x
Current ratio 1.2x 1.3x 1.0x
Quick ratio 1.5x 1.1x 1.0x
Cash ratio 0.2x 0.4x 0.2x
Altman Z-score 0.90 2.09 1.30

Shareholder Returns

7 metrics
MetricAPPSCRTOMGNI
Dividend yield – – –
Net buyback yield -4.9% 13.5% 1.7%
Shareholder yield -4.9% 13.5% 1.7%
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.

ConsensusAPPSCRTOMGNI
Forward P/E 13.4xFY2026 4.5xFY2026 24.8xFY2026
EPS, next fiscal year $0.72FY2026 $3.39FY2026 $1.11FY2026
EPS growth, next FY +28.6%FY2026 -26.6%FY2026 +27.6%FY2026
EPS growth, the year after +33.3% +14.5% +20.7%
Revenue, next fiscal year $690.98MFY2026 $986.69MFY2026 $744.22MFY2026
Revenue growth, next FY +22.2%FY2026 -15.7%FY2026 +11.1%FY2026
Revenue growth, the year after +3.7% +3.7% +10.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPSCRTOMGNI
Held by institutions 64.5% 83.4% 98.6%
Institutions holding 211 128 311
Change in shares held, QoQ +7.1% +2.2% +8.0%
Institutions buying 128 64 170
Institutions selling 62 39 91
Buyers to sellers 2.06 1.64 1.87

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.

APPSCRTOMGNI
APPS 1.00 -0.05 0.32
CRTO -0.05 1.00 0.30
MGNI 0.32 0.30 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, APPS, CRTO and MGNI?

Magnite (MGNI) is the largest by market capitalisation: Digital Turbine (APPS) $1.17B, Criteo (CRTO) $754.62M, Magnite (MGNI) $3.95B.

Which stock is cheaper, APPS, CRTO and MGNI?

Criteo (CRTO) trades on the lowest price-to-earnings ratio (Digital Turbine (APPS) -33.4x, Criteo (CRTO) 10.4x, Magnite (MGNI) 21.8x). On next year's consensus earnings, Criteo (CRTO) is cheapest (Digital Turbine (APPS) 13.4x, Criteo (CRTO) 4.5x, Magnite (MGNI) 24.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Digital Turbine (APPS) grew revenue fastest over the trailing twelve months: Digital Turbine (APPS) +19.2%, Criteo (CRTO) -7.5%, Magnite (MGNI) +9.1%.

Which company is more profitable?

Magnite (MGNI) has the highest net margin (Digital Turbine (APPS) -5.8%, Criteo (CRTO) 4.0%, Magnite (MGNI) 23.6%). On return on invested capital, Digital Turbine (APPS) leads (Digital Turbine (APPS) 11.2%, Criteo (CRTO) 6.0%, Magnite (MGNI) 10.9%).

Which stock has performed better?

Over the past year Magnite (MGNI) returned the most: Digital Turbine (APPS) +32.6%, Criteo (CRTO) -31.0%, Magnite (MGNI) +60.9%. Over five years, Magnite (MGNI) compounded fastest (Digital Turbine (APPS) -32.8%/yr, Criteo (CRTO) -17.7%/yr, Magnite (MGNI) +4.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Criteo (CRTO) has been the steadiest (Digital Turbine (APPS) 93.2%, Criteo (CRTO) 57.7%, Magnite (MGNI) 60.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPS, CRTO and MGNI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Magnite (MGNI) leads on 5. 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.