AppLovin (XSWX:APP) EV-to-OCF: 32.48 (As of Jul. 03, 2026) — 20% Below Median


XSWX:APP AppLovin Corp XSWX:APP
94 GF Score
Price CHF443.20
GF Value CHF428.69
! 1 Warning Sign
View Full Analysis

What is AppLovin EV-to-OCF?

AppLovin XSWX:APP 94 EV-to-OCF is 32.48 as of Jul. 03, 2026, which is 20% below its 10-year median of 40.76. GuruFocus rates XSWX:APP with a GF Score™ of 94/100 and a GF Value™ of CHF428.69. The stock has 1 warning sign investors should review. Among 1,025 Media - Diversified companies, AppLovin ranks worse than 89.27% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, AppLovin's Enterprise Value is CHF143,897 Mil. AppLovin's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was CHF4,431 Mil. Therefore, AppLovin's EV-to-OCF for today is 32.48.

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

XSWX:APP' s EV-to-OCF Range Over the Past 10 Years
Min: 10.77   Med: 40.76   Max: 139.98
Current: 40.13

During the past 7 years, the highest EV-to-OCF of AppLovin was 139.98. The lowest was 10.77. And the median was 40.76.

XSWX:APP's EV-to-OCF is ranked worse than
89.27% of 1025 companies
in the Media - Diversified industry
Industry Median: 4.66 vs XSWX:APP: 40.13

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-03), AppLovin's stock price is CHF443.20. AppLovin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF11.640. Therefore, AppLovin's PE Ratio (TTM) for today is 38.08.


AppLovin  (XSWX:APP) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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)
=443.20/11.640
=38.08

AppLovin's share price for today is CHF443.20.
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 CHF11.640.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


AppLovin EV-to-OCF Related Terms


AppLovin EV-to-OCF Historical Data

* Premium members only.

The historical data trend for AppLovin's EV-to-OCF 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-OCF Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 102.71 14.87 15.28 53.82 57.67

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-OCF 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 36.57 42.34 72.98 57.67 30.38

XSWX:APP vs : EV-to-OCF Comparison

For the Advertising Agencies subindustry, AppLovin's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Media - Diversified Industry

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

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


XSWX:APP
94GF Score
AppLovin Corp XSWX:APP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppLovin EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=143897.303/4430.775
=32.48

AppLovin's current Enterprise Value is CHF143,897 Mil.
AppLovin's Cash Flow from Operations 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 CHF4,431 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-OCF →
What does a EV-to-OCF of 32.48 mean?
AppLovin (XSWX:APP) has a EV-to-OCF of 32.48 as of Jul. 03, 2026. This is 20% below median its historical median of 40.76. Over the past decade, AppLovin's EV-to-OCF has ranged from 10.77 to 139.98. According to the industry distribution chart, AppLovin ranks #915 out of 1025 companies in the Media - Diversified industry, placing it in the top 89.3%.
Is AppLovin's EV-to-OCF too high?
AppLovin's current EV-to-OCF of 32.48 is 20% below median its 10-year median of 40.76. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 139.98. The Media - Diversified industry median EV-to-OCF is 4.66. AppLovin's value of 32.48 is 597% above this industry median. Based on the distribution chart, AppLovin ranks #915 out of 1025 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, AppLovin has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does AppLovin's EV-to-OCF compare to ?
According to the Media - Diversified industry distribution chart, AppLovin ranks #915 out of 1025 companies for EV-to-OCF. This places AppLovin in the lower half of its industry. The industry median EV-to-OCF is 4.66. AppLovin's value of 32.48 is 597% above this benchmark. Historically, AppLovin's own EV-to-OCF has ranged from 10.77 to 139.98 over the past decade. While the company's 10-year median is 40.76 vs. the industry median of 4.66, 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-OCF for a Media - Diversified company?
The median EV-to-OCF among Media - Diversified companies is 4.66, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppLovin's current EV-to-OCF of 32.48 is 597% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median EV-to-OCF is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppLovin's current EV-to-OCF is 32.48, which is 20% below median its own 10-year median of 40.76. 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?
AppLovin (XSWX:APP) has a current EV-to-OCF of 32.48. The stock's GF Value™ is CHF428.69, compared to a current price of CHF443.20 — trading 3.4% above its estimated fair value. The current EV-to-OCF is 32.48, which is 20% below median its 10-year median of 40.76 and 597% above the Media - Diversified industry median of 4.66. AppLovin's overall GF Score™ is 94/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For AppLovin (XSWX:APP), the current EV-to-OCF is 32.48 as of Jul. 03, 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 (XSWX:APP) Overvalued in 2026?

Based on GuruFocus' analysis, AppLovin stock appears to be overvalued. The current stock price of CHF443.20 is trading 3.4% above its estimated GF Value™ of CHF428.69.

Key valuation signals for XSWX:APP:

  • EV-to-OCF: 32.48 (20% below median its 10-year median of 40.76)
  • GF Value™: CHF428.69 vs. price of CHF443.20 (3.4% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 597% above the Media - Diversified median (#915 of 1025)

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


AppLovin Business Description

Comparable Companies
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.
94GF Score

Get the complete analysis for XSWX:APP

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

CHF443.20
Price
CHF428.69
GF Value