AppLovin (XSWX:APP) EV-to-FCF: 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
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What is AppLovin EV-to-FCF?

AppLovin XSWX:APP 94 EV-to-FCF 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 610 Media - Diversified companies, AppLovin ranks worse than 81.97% on this metric.

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

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

XSWX:APP' s EV-to-FCF Range Over the Past 10 Years
Min: 10.75   Med: 40.76   Max: 141.86
Current: 40.13

During the past 7 years, the highest EV-to-FCF of AppLovin was 141.86. The lowest was 10.75. And the median was 40.76.

XSWX:APP's EV-to-FCF is ranked worse than
81.97% of 610 companies
in the Media - Diversified industry
Industry Median: 11.55 vs XSWX:APP: 40.13

EV-to-FCF 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-FCF Explanation

EV-to-FCF 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


AppLovin EV-to-FCF Related Terms


AppLovin EV-to-FCF Historical Data

* Premium members only.

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

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial 103.11 14.89 16.26 54.49 58.09

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-FCF 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 58.09 30.38

XSWX:APP vs : EV-to-FCF Comparison

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

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

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


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

AppLovin EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=143897.303/4430.775
=32.48

AppLovin's current Enterprise Value is CHF143,897 Mil.
AppLovin's Free Cash Flow 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-FCF →
What does a EV-to-FCF of 32.48 mean?
AppLovin (XSWX:APP) has a EV-to-FCF of 32.48 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AppLovin and its competitors. This is 20% below median its historical median of 40.76. Over the past decade, AppLovin's EV-to-FCF has ranged from 10.75 to 141.86. According to the industry distribution chart, AppLovin ranks #500 out of 610 companies in the Media - Diversified industry, placing it in the top 82%.
Is AppLovin's EV-to-FCF too high?
AppLovin's current EV-to-FCF 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 10.75 to a high of 141.86. The Media - Diversified industry median EV-to-FCF is 11.55. AppLovin's value of 32.48 is 181.2% above this industry median. Based on the distribution chart, AppLovin ranks #500 out of 610 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-FCF compare to ?
According to the Media - Diversified industry distribution chart, AppLovin ranks #500 out of 610 companies for EV-to-FCF. This places AppLovin in the lower half of its industry. The industry median EV-to-FCF is 11.55. AppLovin's value of 32.48 is 181.2% above this benchmark. Historically, AppLovin's own EV-to-FCF has ranged from 10.75 to 141.86 over the past decade. While the company's 10-year median is 40.76 vs. the industry median of 11.55, 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-FCF for a Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.55, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppLovin's current EV-to-FCF of 32.48 is 181.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AppLovin and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppLovin's current EV-to-FCF 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-FCF 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-FCF is 32.48, which is 20% below median its 10-year median of 40.76 and 181.2% above the Media - Diversified industry median of 11.55. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For AppLovin (XSWX:APP), the current EV-to-FCF 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-FCF: 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: 181.2% above the Media - Diversified median (#500 of 610)

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

CHF443.20
Price
CHF428.69
GF Value