COMPARE · Reviewed July 2, 2026
APP vs TMUS
Verdict: Side-by-side breakdown using the Bull Rankings model. APP scored 72.9, TMUS scored 72.8 — APP ahead by 0.10000000000000853.
APP
AppLovin Corporation
72.9
$527.06
Score gap
0.10000000000000853
APP leads
TMUS
T-Mobile US, Inc.
72.8
$177.52
The companies
APPAppLovin Corporation
Why now
Advertising Agencies · market cap $177.1b. Down 29% from 52-week high of $745.61 — deep drawdown territory. Revenue growing +70% — in hypergrowth territory. 30 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $654.47 (implying +24% upside).
Moat
Net margin 64% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. FCF converts 112% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $177.1b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Beta 2.46 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Trailing P/E 46x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. P/S 28.7x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard.
TMUST-Mobile US, Inc.
Why now
Telecom Services · market cap $192.1b. Down 32% from 52-week high of $261.56 — deep drawdown territory. PEG 0.66 — paying under fair value for the growth rate. 26 sell-side analysts rate this a Buy with a mean 1-yr target of $259.08 (implying +46% upside).
Moat
ROE 19% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 173% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $192.1b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 2.19 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Down 32% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
Base grades (each contributes ~14.3% of base composite)
| APP | Component | TMUS |
|---|---|---|
| B80 | FCF | A-90 |
| A95 | Rev | B80 |
| C65 | D/E | C65 |
| C65 | P/E or P/S | B80 |
| B80 | PEG | A-90 |
| Supplemental signals · feed the score, not on the row card | ||
| C+70 | FCF Yield | A-90 |
| C65 | ROE | B+85 |
| 76.7 | Base composite | 83.3 |
Adjustments (signed deltas applied on top of base)
APP
hypergrowth premium (rev +70%)+2
analyst consensus bullish (91% buy/strong-buy)+2
forward P/E cheaper (46 → 24)+1
DCF cross-check (avg upside -64%)-2
ROE truncated (buyback-depleted equity)-1
Total+2
TMUS
GARP sweet spot (PEG <1, positive FCF)+1
analyst consensus bullish (86% buy/strong-buy)+2
covered yield (2.4% at 40% payout)+1
forward P/E cheaper (19 → 13)+1
DCF cross-check (avg upside 137%)+2
Total+7
DCF cross-check (per-share value vs. live price)
| APP upside | Horizon | TMUS upside |
|---|---|---|
| -74% | 1Y | +68% |
| -66% | 5Y | +120% |
| -52% | 10Y | +224% |
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.