APPS vs NEXN vs IBTA Stock Comparison

Digital Turbine, Nexxen International and Ibotta Prices as of Oct 28, 2026 Peers: Industry group
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APPS Digital Turbine, Inc.
$9.91 -11.7% 1M +54.1% 1Y
Market cap
$1.21B
P/E
–
Revenue (TTM)
—
Div. yield
–
Digital Advertising Technology
2 wins
IBTA Ibotta, Inc.
$48.41 +21.3% 1M +38.0% 1Y
Market cap
$1.14B
P/E
–
Revenue (TTM)
$343.17M
Div. yield
–
Digital Advertising Technology

Head to Head

8 decided of 12

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

QuestionAPPSNEXNIBTALeader
Larger companyMarket capitalisation $1.21B $526.63M $1.14B APPS
Cheaper on earningsLower P/E, profitable companies only — 0.1x -103.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.4x 8.6x — NEXN
Faster revenue growthRevenue growth, trailing twelve months — +3.0% -6.6% NEXN
More profitableNet margin, trailing twelve months — 950.3% -3.2% NEXN
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 +54.1% +1.8% +38.0% APPS
Better 5-year returnAnnualised price return, 5 years -35.1%/yr -14.7%/yr — NEXN
Less volatileAnnualised volatility, 1 year 93.5% 44.9% 76.7% NEXN
Higher overall scoreMean of the five percentile scores vs peers — 73/100 48/100 NEXN

Percentile Scorecard

APPSNEXNIBTA

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

AxisAPPSNEXNIBTA
Valuation – 92 #15 of 166 40 #100 of 166
Growth – 36 #98 of 152 4 #146 of 152
Profitability – 82 #29 of 152 50 #77 of 152
Financial Health 23 #139 of 179 58 #75 of 179 58 #76 of 179
Shareholder Returns – 100 #1 of 94 86 #14 of 94
Overall – 73 48
  • APPS ranked among 185 companies in Internet Platforms
  • NEXN ranked among 185 companies in Internet Platforms
  • IBTA ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodAPPSNEXNIBTASPY
1 month -11.7%-2.6%+21.3% +0.9%
3 months +22.0%-19.0%+82.3% +5.9%
6 months +194.1%+15.9%+35.9% +8.5%
Year to date +98.2%+30.7%+113.0% +13.3%
1 year +54.1%+1.8%+38.0% +12.4%
3 years +108.6%+165.5%— +88.1%
3 years, per year +27.8%+38.5%— +23.5%
5 years -88.5%-54.9%— +68.2%
5 years, per year -35.1%-14.7%— +11.0%
10 years +1,276.4%—— +263.4%
10 years, per year +30.0%—— +13.8%

Risk

MeasureAPPSNEXNIBTASPY
Volatility, 1Y 93.5%44.9%76.7% 12.7%
Downside volatility, 1Y 76.0%51.7%68.6% 12.7%
Beta vs S&P 500, 1Y 2.080.741.21 1.00
Return / volatility, 1Y 0.580.040.50 0.98
Max drawdown, 5Y -98.7%-84.5%-82.5% -25.4%
From 52-week high -31.1%-21.9%-1.2% -0.9%
52-week high $14.39$10.95$49.01 $779.14
52-week low $2.82$5.70$19.25 $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.

MultipleAPPSNEXNIBTA
P/E now vs peer median —median 16.8x 0.1xmedian 16.8x -102.3xmedian 16.8x
P/S now vs peer median —median 1.4x 1.3xmedian 1.4x 3.3xmedian 1.4x
EV/EBITDA now vs peer median —median 13.9x 3.5xmedian 13.9x -535.2xmedian 13.9x
P/FCF now vs peer median —median 11.4x 4.2xmedian 11.4x 15.1xmedian 11.4x
P/B now vs peer median 5.9xmedian 1.8x 1.0xmedian 1.8x 4.7xmedian 1.8x
PEG now vs peer median —median 0.36 0.00median 0.36 —median 0.36

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 monthsAPPSNEXNIBTA
Revenue – $382.86M $343.17M
Gross profit – $315.91M $268.50M
Operating income – $19.59M -$11.99M
Net income – $13.07M -$11.02M
Free cash flow – $115.13M $74.46M
R&D – $60.09M $57.84M
EPS (diluted) – $59.59 $-0.47
Cash & equivalents $37.96M $132.04M $148.17M
Total debt $360.96M – –
Shares (diluted) 120.47M 61.06M 23.28M
Enterprise value $1.06B -$130.01M $417.61M

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
MetricAPPSNEXNIBTA
P/E – 0.1x -102.3x
P/FCF – 4.2x 15.1x
P/Operating cash flow – 4.2x 12.1x
P/S – 1.3x 3.3x
P/B 5.9x 1.0x 4.7x
P/Tangible book -69.3x 2.9x 4.7x
EV/EBITDA – 3.5x -535.2x
EV/EBIT – 15.5x -81.7x
EV/Revenue – 0.8x 2.9x
EV/FCF – 2.6x 13.1x
EV/Operating cash flow – 2.7x 10.5x
PEG (3Y EPS CAGR) – 0.00 –

Growth

14 metrics
MetricAPPSNEXNIBTA
Revenue growth (1Y) – 3.0% -6.6%
Revenue CAGR (3Y) – 4.6% –
Gross profit growth (1Y) – -0.5% -12.0%
Gross profit CAGR (3Y) – 5.1% –
Operating income growth (1Y) – -63.2% -137.3%
Operating income CAGR (3Y) – -4.1% –
Net income growth (1Y) – -73.7% -111.4%
Net income CAGR (3Y) – 38.8% –
EPS growth (1Y) – -51.9% -114.9%
EPS CAGR (3Y) – 38.6% –
Operating cash flow growth (1Y) – -11.7% -13.1%
Operating cash flow CAGR (3Y) – 41.0% –
Free cash flow growth (1Y) – -6.2% -26.4%
Free cash flow CAGR (3Y) – 48.1% –

Profitability

14 metrics
MetricAPPSNEXNIBTA
Gross margin – 82.5% 78.2%
EBITDA margin – 22.5% -0.5%
Operating margin – 5.1% -3.5%
Pretax margin – 2.2% -1.3%
Net margin – 950.3% -3.2%
FCF margin – 30.1% 21.7%
Operating cash flow margin – 29.7% 27.2%
Return on equity – 2.8% -4.5%
Return on assets – 1.7% -2.3%
Return on invested capital – – –
Return on capital employed – 4.1% -4.5%
Asset turnover – 0.5x 0.7x
Cash conversion (OCF / net income) – 8.7x -8.5x
Stock comp / revenue – 4.9% 14.1%

Financial Health

11 metrics
MetricAPPSNEXNIBTA
Debt / assets 42.9% – –
Debt / equity 1.8x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 76.2% 39.5% 50.2%
Equity / assets 23.8% 60.5% 49.8%
Interest coverage – 8.5x –
Current ratio 1.2x 1.3x 1.7x
Quick ratio 1.5x 1.4x 1.6x
Cash ratio 0.1x 0.6x 0.7x
Altman Z-score – 1.95 3.35

Shareholder Returns

7 metrics
MetricAPPSNEXNIBTA
Dividend yield – – –
Net buyback yield – 34.7% 13.9%
Shareholder yield – 34.7% 13.9%
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.

ConsensusAPPSNEXNIBTA
Forward P/E 13.4xFY2026 8.6xFY2026 –
EPS, next fiscal year $0.74FY2026 $1.00FY2026 $-0.64FY2026
EPS growth, next FY +32.1%FY2026 +2.0%FY2026 -633.3%FY2026
EPS growth, the year after +32.4% +27.0% –
Revenue, next fiscal year $690.88MFY2026 $373.87MFY2026 $334.20MFY2026
Revenue growth, next FY +22.2%FY2026 +5.9%FY2026 -2.4%FY2026
Revenue growth, the year after +3.6% +8.1% +22.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPSNEXNIBTA
Held by institutions 64.5% 62.6% 69.4%
Institutions holding 211 126 149
Change in shares held, QoQ +7.1% +7.7% -1.6%
Institutions buying 128 79 68
Institutions selling 62 30 48
Buyers to sellers 2.06 2.63 1.42

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.

APPSNEXNIBTA
APPS 1.00 0.24 0.18
NEXN 0.24 1.00 0.35
IBTA 0.18 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APPS, NEXN and IBTA?

Digital Turbine (APPS) is the largest by market capitalisation: Digital Turbine (APPS) $1.21B, Nexxen International (NEXN) $526.63M, Ibotta (IBTA) $1.14B.

Which company is growing faster?

Nexxen International (NEXN) grew revenue fastest over the trailing twelve months: Nexxen International (NEXN) +3.0%, Ibotta (IBTA) -6.6%.

Which company is more profitable?

Nexxen International (NEXN) has the highest net margin (Nexxen International (NEXN) 950.3%, Ibotta (IBTA) -3.2%).

Which stock has performed better?

Over the past year Digital Turbine (APPS) returned the most: Digital Turbine (APPS) +54.1%, Nexxen International (NEXN) +1.8%, Ibotta (IBTA) +38.0%. Over five years, Nexxen International (NEXN) compounded fastest (Digital Turbine (APPS) -35.1%/yr, Nexxen International (NEXN) -14.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Nexxen International (NEXN) has been the steadiest (Digital Turbine (APPS) 93.5%, Nexxen International (NEXN) 44.9%, Ibotta (IBTA) 76.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPS, NEXN and IBTA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nexxen International (NEXN) 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.