Digital TurbineAPPS -4.52%52 Return-on-Tangible-Asset is -7.26% as of Mar. 2026. GuruFocus rates APPS with a GF Score™ of 52/100 and a GF Value™ of $4.33 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,878 Software companies, Digital Turbine ranks worse than 72.17% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Digital Turbine's annualizedNet Income for the quarter that ended in Mar. 2026 was $-29.4 Mil. Digital Turbine's average total tangible assets for the quarter that ended in Mar. 2026 was $404.3 Mil. Therefore, Digital Turbine's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -7.26%.
The historical rank and industry rank for Digital Turbine's Return-on-Tangible-Asset or its related term are showing as below:
APPS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -127.86 Med: -12.32 Max: 55.51
Current: -10.2
During the past 13 years, Digital Turbine's highest Return-on-Tangible-Asset was 55.51%. The lowest was -127.86%. And the median was -12.32%.
APPS's Return-on-Tangible-Asset is ranked worse than 72.17% of 2878
companies
in the Software industry
Industry Median: 2.04
vs APPS: -10.20
Digital Turbine (NAS:APPS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Digital Turbine Return-on-Tangible-Asset Related Terms
Digital Turbine Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Digital Turbine's Return-on-Tangible-Asset 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.
APPS vs BLKB, WLTH, VIA: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Digital Turbine's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Digital Turbine Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Digital Turbine's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -7.26% mean?
Digital Turbine (APPS) has a Return-on-Tangible-Asset of -7.26% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Digital Turbine and its competitors. According to the industry distribution chart, Digital Turbine ranks #2077 out of 2878 companies in the Software industry, placing it in the top 72.2%.
Is Digital Turbine's Return-on-Tangible-Asset too high?
Digital Turbine's current Return-on-Tangible-Asset is -7.26%. Based on the distribution chart, Digital Turbine ranks #2077 out of 2878 companies in the Software industry, which is below the industry midpoint. Overall, Digital Turbine has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Turbine's Return-on-Tangible-Asset compare to BLKB and WLTH?
According to the Software industry distribution chart, Digital Turbine ranks #2077 out of 2878 companies for Return-on-Tangible-Asset. This places Digital Turbine in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,878 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Digital Turbine and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Turbine's current Return-on-Tangible-Asset is -7.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Turbine stock overvalued right now?
Based on GuruFocus' analysis, Digital Turbine (APPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.33, compared to a current price of $12.72 — trading 193.7% above its estimated fair value. The current Return-on-Tangible-Asset is -7.26%. Digital Turbine's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Digital Turbine (APPS), the current Return-on-Tangible-Asset is -7.26% as of Mar. 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 Digital Turbine (APPS) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Turbine stock appears to be overvalued.
The current stock price of $12.72 is trading 193.7% above its estimated GF Value™ of $4.33.
GuruFocus considers Digital Turbine to be Significantly Overvalued.
Key valuation signals for APPS:
Return-on-Tangible-Asset: -7.26%
GF Value™: $4.33 vs. price of $12.72 (193.7% above fair value)
No single metric tells the full story. See the APPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers. The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, its products and solutions provide monetization opportunities for OEMs, carriers, and application (app or apps) publishers and developers.
52GF Score
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