WallStSmart

Applovin Corp (APP)vsDoubleVerify Holdings Inc (DV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Applovin Corp generates 788% more annual revenue ($6.83B vs $768.82M). APP leads profitability with a 64.6% profit margin vs 7.7%. DV appears more attractively valued with a PEG of 0.54. APP earns a higher WallStSmart Score of 79/100 (B+).

APP

Strong Buy

79

out of 100

Grade: B+

Growth: 10.0Profit: 10.0Value: 5.3Quality: 8.0
Piotroski: 6/9Altman Z: 3.74

DV

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 5.0Value: 7.3Quality: 8.5
Piotroski: 3/9Altman Z: 4.47
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

APPSignificantly Overvalued (-20.7%)

Margin of Safety

-20.7%

Fair Value

$268.47

Current Price

$323.96

$55.49 premium

UndervaluedFair: $268.47Overvalued
DVUndervalued (+65.2%)

Margin of Safety

+65.2%

Fair Value

$27.65

Current Price

$13.41

$14.24 discount

UndervaluedFair: $27.65Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

APP6 strengths · Avg: 10.0/10
Return on EquityProfitability
139.4%10/10

Every $100 of equity generates 139 in profit

Profit MarginProfitability
64.6%10/10

Keeps 65 of every $100 in revenue as profit

Operating MarginProfitability
77.7%10/10

Strong operational efficiency at 77.7%

Revenue GrowthGrowth
52.8%10/10

Revenue surging 52.8% year-over-year

EPS GrowthGrowth
57.0%10/10

Earnings expanding 57.0% YoY

Altman Z-ScoreHealth
3.7410/10

Safe zone — low bankruptcy risk

DV5 strengths · Avg: 9.0/10
EPS GrowthGrowth
60.0%10/10

Earnings expanding 60.0% YoY

Altman Z-ScoreHealth
4.4710/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.109/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.548/10

Growing faster than its price suggests

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Areas to Watch

APP2 concerns · Avg: 2.5/10
Debt/EquityHealth
1.113/10

Elevated debt levels

Price/BookValuation
34.4x2/10

Trading at 34.4x book value

DV4 concerns · Avg: 3.5/10
P/E RatioValuation
38.1x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
2.5%4/10

2.5% revenue growth

Return on EquityProfitability
5.1%3/10

ROE of 5.1% — below average capital efficiency

Profit MarginProfitability
7.7%3/10

7.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : APP

The strongest argument for APP centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 64.6% and operating margin at 77.7%. Revenue growth of 52.8% demonstrates continued momentum.

Bull Case : DV

The strongest argument for DV centers on EPS Growth, Altman Z-Score, Debt/Equity. PEG of 0.54 suggests the stock is reasonably priced for its growth.

Bear Case : APP

The primary concerns for APP are Debt/Equity, Price/Book.

Bear Case : DV

The primary concerns for DV are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

APP profiles as a growth stock while DV is a value play — different risk/reward profiles.

APP carries more volatility with a beta of 2.49 — expect wider price swings.

APP is growing revenue faster at 52.8% — sustainability is the question.

APP generates stronger free cash flow (869M), providing more financial flexibility.

Bottom Line

APP scores higher overall (79/100 vs 63/100), backed by strong 64.6% margins and 52.8% revenue growth. DV offers better value entry with a 65.2% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Applovin Corp

COMMUNICATION SERVICES · ADVERTISING AGENCIES · USA

AppLovin Corporation is committed to creating a software-based platform for mobile application developers to improve the marketing and monetization of their applications globally. The company is headquartered in Palo Alto, California.

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DoubleVerify Holdings Inc

COMMUNICATION SERVICES · ADVERTISING AGENCIES · USA

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analysis. The company is headquartered in New York, New York with additional locations at Berlin, Germany; Chicago, Illinois; Merelbeke, Belgium; Helsinki, Finland; London, United Kingdom; Los Angeles and San Francisco, California; Miguel Hidalgo, Mexico; Paris, France; So Paulo, Brazil; Singapore, Singapore; Sydney, Australia; Tel Aviv, Israel; and Tokyo, Japan.

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