AppLovin (MEX:APP) EV-to-EBITDA: 29.43 (As of Jul. 15, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:APP AppLovin Corp MEX:APP
73 GF Score
Price MXN7,839.00
GF Value MXN8,739.04
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is AppLovin EV-to-EBITDA?

AppLovin MEX:APP +1.22% 73 EV-to-EBITDA is 29.43 as of Jul. 15, 2026, which is 9% below its 10-year median of 32.34. GuruFocus rates MEX:APP with a GF Score™ of 73/100 and a GF Value™ of MXN8,739.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 745 Media - Diversified companies, AppLovin ranks worse than 87.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, AppLovin's enterprise value is MXN2,655,641 Mil. AppLovin's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN90,237 Mil. Therefore, AppLovin's EV-to-EBITDA for today is 29.43.

The historical rank and industry rank for AppLovin's EV-to-EBITDA or its related term are showing as below:

MEX:APP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.13   Med: 32.34   Max: 134.5
Current: 30.66

During the past 7 years, the highest EV-to-EBITDA of AppLovin was 134.50. The lowest was 10.13. And the median was 32.34.

MEX:APP's EV-to-EBITDA is ranked worse than
87.52% of 745 companies
in the Media - Diversified industry
Industry Median: 7.27 vs MEX:APP: 30.66

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-15), AppLovin's stock price is MXN7839.00. AppLovin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN212.542. Therefore, AppLovin's PE Ratio (TTM) for today is 36.88.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


AppLovin  (MEX:APP) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

AppLovin's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7839.00/212.542
=36.88

AppLovin's share price for today is MXN7839.00.
AppLovin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN212.542.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


AppLovin EV-to-EBITDA Related Terms


AppLovin EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for AppLovin's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AppLovin EV-to-EBITDA Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 64.02 11.94 12.83 47.51 52.59

AppLovin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.83 36.55 64.95 52.59 27.23

MEX:APP vs OMC, TTD, LFTO: EV-to-EBITDA Comparison

For the Advertising Agencies subindustry, AppLovin's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AppLovin EV-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AppLovin's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AppLovin's EV-to-EBITDA falls into.


MEX:APP
73GF Score
AppLovin Corp MEX:APP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppLovin EV-to-EBITDA Calculation

AppLovin's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2655641.133/90237.049
=29.43

AppLovin's current Enterprise Value is MXN2,655,641 Mil.
AppLovin's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN90,237 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 29.43 mean?
AppLovin (MEX:APP) has a EV-to-EBITDA of 29.43 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on AppLovin. This is near median its historical median of 32.34. Over the past decade, AppLovin's EV-to-EBITDA has ranged from 10.13 to 134.50. According to the industry distribution chart, AppLovin ranks #652 out of 745 companies in the Media - Diversified industry, placing it in the top 87.5%.
Is AppLovin's EV-to-EBITDA too high?
AppLovin's current EV-to-EBITDA of 29.43 is near median its 10-year median of 32.34. Over the past 10 years, this metric has ranged from a low of 10.13 to a high of 134.50. The Media - Diversified industry median EV-to-EBITDA is 7.27. AppLovin's value of 29.43 is 304.8% above this industry median. Based on the distribution chart, AppLovin ranks #652 out of 745 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, AppLovin has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AppLovin's EV-to-EBITDA compare to OMC and TTD?
According to the Media - Diversified industry distribution chart, AppLovin ranks #652 out of 745 companies for EV-to-EBITDA. This places AppLovin in the lower half of its industry. The industry median EV-to-EBITDA is 7.27. AppLovin's value of 29.43 is 304.8% above this benchmark. Historically, AppLovin's own EV-to-EBITDA has ranged from 10.13 to 134.50 over the past decade. While the company's 10-year median is 32.34 vs. the industry median of 7.27, AppLovin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Media - Diversified company?
The median EV-to-EBITDA among Media - Diversified companies is 7.27, based on 745 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppLovin's current EV-to-EBITDA of 29.43 is 304.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on AppLovin. For the Media - Diversified industry, the median EV-to-EBITDA is 7.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppLovin's current EV-to-EBITDA is 29.43, which is near median its own 10-year median of 32.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppLovin stock overvalued right now?
Based on GuruFocus' analysis, AppLovin (MEX:APP) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,739.04, compared to a current price of MXN7,839.00 — trading 10.3% below its estimated fair value. The current EV-to-EBITDA is 29.43, which is near median its 10-year median of 32.34 and 304.8% above the Media - Diversified industry median of 7.27. AppLovin's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For AppLovin (MEX:APP), the current EV-to-EBITDA is 29.43 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AppLovin (MEX:APP) Overvalued in 2026?

Based on GuruFocus' analysis, AppLovin stock appears to be undervalued. The current stock price of MXN7,839.00 is trading 10.3% below its estimated GF Value™ of MXN8,739.04. GuruFocus considers AppLovin to be Modestly Undervalued.

Key valuation signals for MEX:APP:

  • EV-to-EBITDA: 29.43 (near median its 10-year median of 32.34)
  • GF Value™: MXN8,739.04 vs. price of MXN7,839.00 (10.3% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 304.8% above the Media - Diversified median (#652 of 745)

No single metric tells the full story. See the MEX:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppLovin Business Description

Address 1100 Page Mill Road, Palo Alto, CA, USA, 94304
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
73GF Score

Get the complete analysis for MEX:APP

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN7,839.00
Price
MXN8,739.04
GF Value