WallStSmart

Applovin Corp (APP)vsDoubleVerify Holdings Inc (DV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Applovin Corp generates 632% more annual revenue ($5.48B vs $748.29M). APP leads profitability with a 60.8% profit margin vs 6.8%. DV appears more attractively valued with a PEG of 0.65. APP earns a higher WallStSmart Score of 77/100 (B+).

APP

Strong Buy

77

out of 100

Grade: B+

Growth: 10.0Profit: 10.0Value: 8.7Quality: 9.0
Piotroski: 5/9Altman Z: 3.74

DV

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 5.5Value: 10.0Quality: 8.5
Piotroski: 2/9Altman Z: 4.89
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

APPUndervalued (+10.3%)

Margin of Safety

+10.3%

Fair Value

$469.87

Current Price

$442.39

$27.48 discount

UndervaluedFair: $469.87Overvalued
DVUndervalued (+31.6%)

Margin of Safety

+31.6%

Fair Value

$14.04

Current Price

$10.05

$3.99 discount

UndervaluedFair: $14.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

APP6 strengths · Avg: 10.0/10
Return on EquityProfitability
213.0%10/10

Every $100 of equity generates 213 in profit

Profit MarginProfitability
60.8%10/10

Keeps 61 of every $100 in revenue as profit

Operating MarginProfitability
76.9%10/10

Strong operational efficiency at 76.9%

Revenue GrowthGrowth
65.9%10/10

Revenue surging 65.9% year-over-year

EPS GrowthGrowth
84.7%10/10

Earnings expanding 84.7% YoY

Altman Z-ScoreHealth
3.7410/10

Safe zone — low bankruptcy risk

DV5 strengths · Avg: 9.2/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.1010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.8910/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.658/10

Growing faster than its price suggests

EPS GrowthGrowth
31.1%8/10

Earnings expanding 31.1% YoY

Areas to Watch

APP3 concerns · Avg: 2.3/10
Debt/EquityHealth
1.663/10

Elevated debt levels

P/E RatioValuation
44.1x2/10

Premium valuation, high expectations priced in

Price/BookValuation
70.1x2/10

Trading at 70.1x book value

DV4 concerns · Avg: 3.3/10
P/E RatioValuation
33.5x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.63B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.6%3/10

ROE of 4.6% — below average capital efficiency

Profit MarginProfitability
6.8%3/10

6.8% 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 60.8% and operating margin at 76.9%. Revenue growth of 65.9% demonstrates continued momentum.

Bull Case : DV

The strongest argument for DV centers on Price/Book, Debt/Equity, Altman Z-Score. PEG of 0.65 suggests the stock is reasonably priced for its growth.

Bear Case : APP

The primary concerns for APP are Debt/Equity, P/E Ratio, Price/Book. A P/E of 44.1x leaves little room for execution misses. Debt-to-equity of 1.66 is elevated, increasing financial risk.

Bear Case : DV

The primary concerns for DV are P/E Ratio, Market Cap, 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 2.50 — expect wider price swings.

APP is growing revenue faster at 65.9% — sustainability is the question.

APP generates stronger free cash flow (1.3B), providing more financial flexibility.

Bottom Line

APP scores higher overall (77/100 vs 64/100), backed by strong 60.8% margins and 65.9% revenue growth. DV offers better value entry with a 31.6% 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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