APPS vs DV vs SMWB Stock Comparison

Digital Turbine, DoubleVerify Holdings and Similarweb Prices as of Oct 26, 2026 Peers: Industry group
APPS Digital Turbine, Inc.
$9.62 -13.4% 1M +44.4% 1Y
Market cap
$1.18B
P/E
–
Revenue (TTM)
—
Div. yield
–
Digital Advertising Technology
2 wins
SMWB Similarweb Ltd.
$8.93 +17.0% 1M +1.4% 1Y
Market cap
$763.35M
P/E
–
Revenue (TTM)
$295.61M
Div. yield
–
Analytics and BI Technology
2 wins

Head to Head

8 decided of 12

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

QuestionAPPSDVSMWBLeader
Larger companyMarket capitalisation $1.18B $2.09B $763.35M DV
Cheaper on earningsLower P/E, profitable companies only — 35.4x -35.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 30.8x 40.6x APPS
Faster revenue growthRevenue growth, trailing twelve months — +7.6% +10.2% SMWB
More profitableNet margin, trailing twelve months — 7.7% -7.4% DV
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +44.4% +11.6% +1.4% APPS
Better 5-year returnAnnualised price return, 5 years -35.1%/yr -18.3%/yr -13.9%/yr SMWB
Less volatileAnnualised volatility, 1 year 93.6% 44.2% 81.3% DV
Higher overall scoreMean of the five percentile scores vs peers — 68/100 37/100 DV

Percentile Scorecard

APPSDVSMWB

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

AxisAPPSDVSMWB
Valuation – 59 #69 of 167 34 #68 of 102
Growth – 49 #79 of 153 64 #36 of 98
Profitability – 75 #39 of 153 43 #55 of 95
Financial Health 21 #141 of 179 90 #18 of 179 23 #84 of 109
Shareholder Returns – 68 #31 of 94 22 #50 of 64
Overall – 68 37
  • APPS ranked among 185 companies in Internet Platforms
  • DV ranked among 185 companies in Internet Platforms
  • SMWB ranked among 115 companies in Business Applications

Price Performance

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

Returns

PeriodAPPSDVSMWBSPY
1 month -13.4%+1.1%+17.0% -0.8%
3 months +12.0%+23.7%+30.7% +3.5%
6 months +169.5%+24.1%+232.0% +7.0%
Year to date +92.4%+18.4%+19.2% +12.2%
1 year +44.4%+11.6%+1.4% +13.0%
3 years +102.5%-49.2%+75.4% +86.3%
3 years, per year +26.5%-20.2%+20.6% +23.1%
5 years -88.5%-63.6%-52.8% +68.6%
5 years, per year -35.1%-18.3%-13.9% +11.0%
10 years +1,182.7%—— +258.0%
10 years, per year +29.1%—— +13.6%

Risk

MeasureAPPSDVSMWBSPY
Volatility, 1Y 93.6%44.2%81.3% 12.7%
Downside volatility, 1Y 76.2%47.3%89.3% 12.7%
Beta vs S&P 500, 1Y 2.060.551.79 1.00
Return / volatility, 1Y 0.470.260.02 1.02
Max drawdown, 5Y -98.7%-79.7%-88.4% -25.4%
From 52-week high -33.1%-0.1%-3.7% -1.8%
52-week high $14.39$13.56$9.27 $779.14
52-week low $2.82$8.61$2.33 $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.

MultipleAPPSDVSMWB
P/E now vs peer median —median 17.5x 35.4xmedian 17.5x -34.8xmedian 28.8x
P/S now vs peer median —median 1.4x 2.7xmedian 1.4x 2.6xmedian 2.8x
EV/EBITDA now vs peer median —median 14.5x 11.8xmedian 14.5x -305.6xmedian 17.7x
P/FCF now vs peer median —median 12.1x 13.1xmedian 12.1x 50.3xmedian 15.8x
P/B now vs peer median 5.7xmedian 1.7x 1.9xmedian 1.7x 34.1xmedian 3.2x
PEG now vs peer median —median 0.41 5.55median 0.41 -1.15median 0.85

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 monthsAPPSDVSMWB
Revenue – $768.82M $295.61M
Gross profit – $633.77M $235.99M
Operating income – $97.55M -$11.06M
Net income – $58.86M -$21.78M
Free cash flow – $160.55M $15.44M
R&D – $178.30M $73.83M
EPS (diluted) – $0.37 $-0.26
Cash & equivalents $37.96M $210.17M $73.90M
Total debt $360.96M – –
Shares (diluted) 120.47M 157.89M 84.82M
Enterprise value $1.03B $1.24B $486.31M

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
MetricAPPSDVSMWB
P/E – 35.4x -34.8x
P/FCF – 13.1x 50.3x
P/Operating cash flow – 10.3x 54.8x
P/S – 2.7x 2.6x
P/B 5.7x 1.9x 34.1x
P/Tangible book -67.2x 2.1x 34.1x
EV/EBITDA – 11.8x -305.6x
EV/EBIT – 19.4x -63.5x
EV/Revenue – 2.5x 2.4x
EV/FCF – 11.8x 45.5x
EV/Operating cash flow – 9.2x 49.6x
PEG (3Y EPS CAGR) – 5.55 -1.15

Growth

14 metrics
MetricAPPSDVSMWB
Revenue growth (1Y) – 7.6% 10.2%
Revenue CAGR (3Y) – 15.3% 12.5%
Gross profit growth (1Y) – 8.1% 12.1%
Gross profit CAGR (3Y) – 15.6% 14.6%
Operating income growth (1Y) – 15.1% 50.2%
Operating income CAGR (3Y) – 10.2% 42.5%
Net income growth (1Y) – 11.6% 25.1%
Net income CAGR (3Y) – 3.3% 27.5%
EPS growth (1Y) – 17.9% 28.7%
EPS CAGR (3Y) – 6.4% 30.2%
Operating cash flow growth (1Y) – 14.0% -30.9%
Operating cash flow CAGR (3Y) – 26.7% 33.8%
Free cash flow growth (1Y) – 7.1% -29.0%
Free cash flow CAGR (3Y) – 34.2% 33.7%

Profitability

14 metrics
MetricAPPSDVSMWB
Gross margin – 82.4% 79.8%
EBITDA margin – 20.7% -0.8%
Operating margin – 12.7% -3.7%
Pretax margin – 12.2% -5.9%
Net margin – 7.7% -7.4%
FCF margin – 20.9% 5.2%
Operating cash flow margin – 26.6% 4.8%
Return on equity – 5.4% -108.3%
Return on assets – 4.6% -8.8%
Return on invested capital – – –
Return on capital employed – 8.2% -19.5%
Asset turnover – 0.6x 1.1x
Cash conversion (OCF / net income) – 3.5x -0.7x
Stock comp / revenue – 13.4% 6.2%

Financial Health

11 metrics
MetricAPPSDVSMWB
Debt / assets 42.9% – –
Debt / equity 1.8x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 76.2% 16.5% 91.9%
Equity / assets 23.8% 83.5% 8.1%
Interest coverage – 55.5x –
Current ratio 1.2x 4.5x 0.8x
Quick ratio 1.5x 4.7x 0.6x
Cash ratio 0.1x 2.0x 0.3x
Altman Z-score – 7.35 0.47

Shareholder Returns

7 metrics
MetricAPPSDVSMWB
Dividend yield – – –
Net buyback yield – 7.0% -0.3%
Shareholder yield – 7.0% -0.3%
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.

ConsensusAPPSDVSMWB
Forward P/E 13.0xFY2026 30.8xFY2026 40.6xFY2026
EPS, next fiscal year $0.74FY2026 $0.44FY2026 $0.22FY2026
EPS growth, next FY +32.1%FY2026 +46.7%FY2026 +266.7%FY2026
EPS growth, the year after +32.4% +36.4% +36.4%
Revenue, next fiscal year $690.88MFY2026 $841.13MFY2026 $332.14MFY2026
Revenue growth, next FY +22.2%FY2026 +12.4%FY2026 +17.5%FY2026
Revenue growth, the year after +3.6% +0.8% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPSDVSMWB
Held by institutions 64.5% 100.0% 45.9%
Institutions holding 211 315 68
Change in shares held, QoQ +7.1% +1.2% -7.8%
Institutions buying 128 167 36
Institutions selling 62 114 18
Buyers to sellers 2.06 1.46 2.00

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.

APPSDVSMWB
APPS 1.00 0.19 0.24
DV 0.19 1.00 0.28
SMWB 0.24 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APPS, DV and SMWB?

DoubleVerify Holdings (DV) is the largest by market capitalisation: Digital Turbine (APPS) $1.18B, DoubleVerify Holdings (DV) $2.09B, Similarweb (SMWB) $763.35M.

Which company is growing faster?

Similarweb (SMWB) grew revenue fastest over the trailing twelve months: DoubleVerify Holdings (DV) +7.6%, Similarweb (SMWB) +10.2%.

Which company is more profitable?

DoubleVerify Holdings (DV) has the highest net margin (DoubleVerify Holdings (DV) 7.7%, Similarweb (SMWB) -7.4%).

Which stock has performed better?

Over the past year Digital Turbine (APPS) returned the most: Digital Turbine (APPS) +44.4%, DoubleVerify Holdings (DV) +11.6%, Similarweb (SMWB) +1.4%. Over five years, Similarweb (SMWB) compounded fastest (Digital Turbine (APPS) -35.1%/yr, DoubleVerify Holdings (DV) -18.3%/yr, Similarweb (SMWB) -13.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, DoubleVerify Holdings (DV) has been the steadiest (Digital Turbine (APPS) 93.6%, DoubleVerify Holdings (DV) 44.2%, Similarweb (SMWB) 81.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPS, DV and SMWB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, DoubleVerify Holdings (DV) leads on 4. 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.