Head-To-Head Survey: Applied Digital (APLD) & Its Peers

Applied Digital (NASDAQ:APLD) is one of 142 publicly-traded companies in the “Data processing & preparation” industry, but how does it contrast to its competitors? We will compare Applied Digital to similar businesses based on the strength of its risk, dividends, earnings, institutional ownership, valuation, analyst recommendations and profitability.

Valuation & Earnings

This table compares Applied Digital and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Applied Digital	$55.39 million	-$44.65 million	-10.73
Applied Digital Competitors	$946.35 million	-$151.83 million	1.79

Applied Digital’s competitors have higher revenue, but lower earnings than Applied Digital. Applied Digital is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent recommendations for Applied Digital and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Applied Digital	0	0	0	0	N/A
Applied Digital Competitors	599	3393	5272	89	2.52

As a group, “Data processing & preparation” companies have a potential upside of 19.78%. Given Applied Digital’s competitors higher probable upside, analysts clearly believe Applied Digital has less favorable growth aspects than its competitors.

Profitability

This table compares Applied Digital and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Applied Digital	-80.60%	-61.59%	-22.75%
Applied Digital Competitors	-63.48%	-1,843.26%	-79.46%

Insider & Institutional Ownership

53.8% of Applied Digital shares are owned by institutional investors. Comparatively, 43.5% of shares of all “Data processing & preparation” companies are owned by institutional investors. 28.9% of Applied Digital shares are owned by company insiders. Comparatively, 19.0% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Applied Digital has a beta of 4.17, meaning that its stock price is 317% more volatile than the S&P 500. Comparatively, Applied Digital’s competitors have a beta of 1.33, meaning that their average stock price is 33% more volatile than the S&P 500.

Summary

Applied Digital beats its competitors on 6 of the 10 factors compared.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.