APP vs GOOG
Applovin Corporation Class A Common Stock vs Alphabet Inc. Class C Capital Stock. Scores ACCE, valorisation, rentabilité et croissance côte à côte.
$GOOG vs $APP: Alphabet Takes the Edge
$GOOG wins this matchup, and the valuation gap is the clearest reason. Alphabet trades at a trailing P/E of 27.9 and forward P/E of 26.2, versus AppLovin's 48.5 and 35.5 respectively. On EV/EBITDA, the spread is even wider: 20.45 for $GOOG against 38.13 for $APP. You're paying a steep premium for AppLovin's hypergrowth story.
That growth story is real — $APP posted 59.0% revenue growth year-over-year — but $GOOG is no slouch at 21.8% revenue growth and a striking 82.0% earnings growth. Alphabet also carries a near-pristine balance sheet with a D/E of just 0.11, while AppLovin sits at 1.65. $GOOG's ROE of 38.9% dwarfs $APP's 2.7%, and its ACCE composite score of 79 beats AppLovin's 67, with a perfect 100 quality score.
$APP's 64.3% net margin is genuinely impressive, and the analyst target of $648.10 implies meaningful upside from $560.44. But $GOOG at $366.73 against a $407.22 target offers a cleaner risk/reward with far less leverage and a more reasonable multiple. Alphabet is the better buy today.