APPS vs BH

Comparison between Digital Turbine Inc (APPS, Company) and Biglari Holdings Inc - Class B (BH, Company).

APPS is from the Technology sector, while BH is from the Consumer Cyclical sector.

5-Year PerformanceBH has outperformed APPS, delivering a return of +14.8% compared to -33.8%

APPS vs BH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	APPS(COMPANY)	BH(COMPANY)
Market Cap	$1.04B	$1.03B
Max Drawdown	98.72%	87.84%
Sharpe Ratio	0.53	0.59
5Y Beta	2.42	0.91
Industry	Software - Application	Restaurants
P/E Ratio	-25.29	N/A
Forward P/E	7.43	10.57
Debt to Equity	187.84%	46.22%
Free Cash Flow Yield	1.08%	7.89%

Market Cap

Winner

APPS

$1.04B

$1.03B

Max Drawdown

APPS

98.72%

Winner

87.84%

Sharpe Ratio

APPS

0.53

Winner

0.59

5Y Beta

APPS

2.42

Winner

0.91

Industry

APPS

Software - Application

Restaurants

P/E Ratio

APPS

-25.29

N/A

Forward P/E

Winner

APPS

7.43

10.57

Debt to Equity

APPS

187.84%

Winner

46.22%

Free Cash Flow Yield

APPS

1.08%

Winner

7.89%

APPS vs BH - Historical Returns

Returns include dividend reinvestment.

Period	APPS	BH
1 month	+112.59%	+21.57%
3 months	+164.11%	+10.92%
6 months	+57.40%	-2.29%
1 year	+27.74%	+21.31%
5 years(CAGR)	-33.77%	+14.78%
10 years(CAGR)	+22.95%	+2.08%
Max(CAGR)	+7.58%	+3.00%

Winner

APPS

+112.59%

+21.57%

Winner

APPS

+164.11%

+10.92%

Winner

APPS

+57.40%

-2.29%

Winner

APPS

+27.74%

+21.31%

5Y(CAGR)

APPS

-33.77%

Winner

+14.78%

10Y(CAGR)

Winner

APPS

+22.95%

+2.08%

Max(CAGR)

Winner

APPS

+7.58%

+3.00%

APPS vs BH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	APPS	BH
2026	+80.13%	-3.18%
2025	+184.09%	+32.99%
2024	-75.65%	+59.80%
2023	-54.36%	+19.21%
2022	-75.51%	-1.68%
2021	+16.57%	+30.19%
2020	+673.73%	-2.97%
2019	+277.25%	-2.10%
2018	+2.23%	-59.43%
2017	+155.71%	-13.48%
2016	-46.46%	+41.03%
2015	-62.54%	-19.15%
2014	+20.22%	-20.21%
2013	-33.59%	+37.54%
2012	+15.38%	+4.01%
2011	+132.14%	-11.27%
2010	-23.68%	+30.54%
2009	-71.43%	+162.66%
2008	-62.37%	-43.33%
2007	+119.51%	-37.96%
2006	+412.50%	+5.20%
2005	N/A	-13.25%
2004	N/A	+11.56%
2003	N/A	+75.86%
2002	N/A	-5.03%
2001	N/A	+62.11%
2000	N/A	-31.20%
1999	N/A	-17.71%

APPS vs BH Drawdown Comparison

The maximum drawdown for APPS was -98.72%, occurring on Nov 19, 2024. This drawdown has not yet recovered.

The maximum drawdown for BH was -87.84%, occurring on Mar 20, 2020. Recovery took 2966 trading sessions.

The current APPS drawdown is -90.91%. The current BH drawdown is -30.23%.

Rank	APPS	BH
#1	-98.72% Mar 1, 2021 - Nov 19, 2024	-87.84% Dec 26, 2013 - Oct 13, 2025
#2	-98.18% Mar 28, 2008 - Sep 18, 2020	-86.56% Aug 1, 2005 - Dec 20, 2010
#3	-60.42% Aug 15, 2006 - May 24, 2007	-48.04% Jan 21, 2026 - May 11, 2026
#4	-38.46% Sep 13, 2007 - Dec 19, 2007	-46.45% Nov 2, 1999 - Jan 14, 2002
#5	-32.20% Feb 15, 2008 - Mar 26, 2008	-43.19% Jun 28, 2002 - Jul 9, 2003
#6	-30.44% Oct 14, 2020 - Nov 5, 2020	-37.63% Feb 8, 2011 - Aug 22, 2013
#7	-25.00% Aug 8, 2006 - Aug 15, 2006	-27.01% Oct 24, 2025 - Jan 7, 2026
#8	-21.67% Jun 29, 2007 - Jul 23, 2007	-24.52% Jan 21, 2004 - Aug 1, 2005
#9	-21.35% Feb 9, 2021 - Mar 1, 2021	-13.18% Feb 25, 2002 - Jun 14, 2002
#10	-21.15% May 31, 2007 - Jun 7, 2007	-11.86% Jun 17, 2002 - Jun 28, 2002
#11	-19.69% Nov 6, 2020 - Nov 30, 2020	-10.28% Jul 9, 2003 - Sep 11, 2003
#12	-19.35% Jan 2, 2008 - Feb 12, 2008	-9.60% Sep 18, 2003 - Oct 14, 2003
#13	-18.18% Jun 7, 2007 - Jun 29, 2007	-9.38% Nov 3, 2003 - Dec 30, 2003
#14	-17.79% Dec 22, 2020 - Jan 14, 2021	-7.76% Dec 20, 2010 - Jan 14, 2011
#15	-15.81% Jul 23, 2007 - Aug 15, 2007	-7.76% Jan 23, 2002 - Feb 22, 2002

Correlation

Correlation between APPS and BH is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

-101