228.16 USD
-1.72 (-0.75%)
228.16 USD
0 (0%)
Overall APPF gets a fundamental rating of 7 out of 10. We evaluated APPF against 280 industry peers in the Software industry. APPF gets an excellent profitability rating and is at the same time showing great financial health properties. APPF is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, APPF could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
APPF had positive earnings in the past year.
APPF had a positive operating cash flow in the past year.
Of the past 5 years APPF 4 years were profitable.
In the past 5 years APPF always reported a positive cash flow from operatings.
1.2 Ratios
APPF has a better Return On Assets (31.81%) than 98.21% of its industry peers.
Looking at the Return On Equity, with a value of 40.84%, APPF belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
APPF's Return On Invested Capital of 19.35% is amongst the best of the industry. APPF outperforms 93.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.81% | ||
| ROE | 40.84% | ||
| ROIC | 19.35% |
ROA(3y)5.12%
ROA(5y)11.25%
ROE(3y)4.85%
ROE(5y)14.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 22.48%, APPF belongs to the top of the industry, outperforming 87.14% of the companies in the same industry.
In the last couple of years the Profit Margin of APPF has grown nicely.
Looking at the Operating Margin, with a value of 14.60%, APPF belongs to the top of the industry, outperforming 80.71% of the companies in the same industry.
In the last couple of years the Operating Margin of APPF has grown nicely.
APPF has a Gross Margin of 63.48%. This is comparable to the rest of the industry: APPF outperforms 40.71% of its industry peers.
In the last couple of years the Gross Margin of APPF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.6% | ||
| PM (TTM) | 22.48% | ||
| GM | 63.48% |
OM growth 3YN/A
OM growth 5Y41.53%
PM growth 3Y351.99%
PM growth 5Y12.62%
GM growth 3Y2.47%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), APPF is creating some value.
Compared to 1 year ago, APPF has more shares outstanding
APPF has more shares outstanding than it did 5 years ago.
There is no outstanding debt for APPF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 37.99 indicates that APPF is not in any danger for bankruptcy at the moment.
APPF has a better Altman-Z score (37.99) than 96.79% of its industry peers.
There is no outstanding debt for APPF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 37.99 |
ROIC/WACC1.76
WACC10.98%
2.3 Liquidity
APPF has a Current Ratio of 3.01. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.01, APPF is in the better half of the industry, outperforming 76.43% of the companies in the same industry.
APPF has a Quick Ratio of 3.01. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
APPF has a Quick ratio of 3.01. This is in the better half of the industry: APPF outperforms 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.01 | ||
| Quick Ratio | 3.01 |
3. Growth
3.1 Past
APPF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.80%, which is quite good.
Measured over the past years, APPF shows a very strong growth in Earnings Per Share. The EPS has been growing by 59.90% on average per year.
APPF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.88%.
The Revenue has been growing by 25.41% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)10.8%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%1.55%
Revenue 1Y (TTM)18.88%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%21.2%
3.2 Future
Based on estimates for the next years, APPF will show a very strong growth in Earnings Per Share. The EPS will grow by 23.70% on average per year.
The Revenue is expected to grow by 18.72% on average over the next years. This is quite good.
EPS Next Y20.68%
EPS Next 2Y18.26%
EPS Next 3Y23.7%
EPS Next 5YN/A
Revenue Next Year20.06%
Revenue Next 2Y19.22%
Revenue Next 3Y18.72%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
APPF is valuated quite expensively with a Price/Earnings ratio of 47.34.
APPF's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of APPF to the average of the S&P500 Index (26.15), we can say APPF is valued expensively.
The Price/Forward Earnings ratio is 37.16, which means the current valuation is very expensive for APPF.
APPF's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.12. APPF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.34 | ||
| Fwd PE | 37.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APPF indicates a somewhat cheap valuation: APPF is cheaper than 62.14% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, APPF is valued a bit cheaper than the industry average as 63.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.29 | ||
| EV/EBITDA | 51.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates APPF does not grow enough to justify the current Price/Earnings ratio.
APPF has a very decent profitability rating, which may justify a higher PE ratio.
APPF's earnings are expected to grow with 23.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.29
PEG (5Y)0.79
EPS Next 2Y18.26%
EPS Next 3Y23.7%
5. Dividend
5.1 Amount
No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
228.16
-1.72 (-0.75%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners90.33%
Inst Owner Change0.74%
Ins Owners2.32%
Ins Owner Change0.6%
Market Cap8.18B
Revenue(TTM)906.29M
Net Income(TTM)203.74M
Analysts83.08
Price Target319.56 (40.06%)
Short Float %5.58%
Short Ratio4.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.05%
Min EPS beat(2)-11.52%
Max EPS beat(2)5.42%
EPS beat(4)1
Avg EPS beat(4)-3.37%
Min EPS beat(4)-11.52%
Max EPS beat(4)5.42%
EPS beat(8)5
Avg EPS beat(8)7.42%
EPS beat(12)9
Avg EPS beat(12)27.86%
EPS beat(16)11
Avg EPS beat(16)-115.31%
Revenue beat(2)0
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)-0.15%
Revenue beat(4)0
Avg Revenue beat(4)-0.96%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)-0.15%
Revenue beat(8)4
Avg Revenue beat(8)0.67%
Revenue beat(12)8
Avg Revenue beat(12)1.18%
Revenue beat(16)11
Avg Revenue beat(16)1.16%
PT rev (1m)-6.93%
PT rev (3m)3.85%
EPS NQ rev (1m)-5.5%
EPS NQ rev (3m)-5.5%
EPS NY rev (1m)-3.27%
EPS NY rev (3m)-3.27%
Revenue NQ rev (1m)0.94%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.34 | ||
| Fwd PE | 37.16 | ||
| P/S | 9.03 | ||
| P/FCF | 39.29 | ||
| P/OCF | 38.28 | ||
| P/B | 16.4 | ||
| P/tB | 23.41 | ||
| EV/EBITDA | 51.25 |
EPS(TTM)4.82
EY2.11%
EPS(NY)6.14
Fwd EY2.69%
FCF(TTM)5.81
FCFY2.55%
OCF(TTM)5.96
OCFY2.61%
SpS25.28
BVpS13.92
TBVpS9.75
PEG (NY)2.29
PEG (5Y)0.79
Graham Number38.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.81% | ||
| ROE | 40.84% | ||
| ROCE | 24.5% | ||
| ROIC | 19.35% | ||
| ROICexc | 30.75% | ||
| ROICexgc | 54.89% | ||
| OM | 14.6% | ||
| PM (TTM) | 22.48% | ||
| GM | 63.48% | ||
| FCFM | 22.97% |
ROA(3y)5.12%
ROA(5y)11.25%
ROE(3y)4.85%
ROE(5y)14.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y55.49%
ROICexc growth 3YN/A
ROICexc growth 5Y60.78%
OM growth 3YN/A
OM growth 5Y41.53%
PM growth 3Y351.99%
PM growth 5Y12.62%
GM growth 3Y2.47%
GM growth 5Y1.35%
F-Score6
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 26.25% | ||
| Cap/Sales | 0.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 139.4% | ||
| Profit Quality | 102.18% | ||
| Current Ratio | 3.01 | ||
| Quick Ratio | 3.01 | ||
| Altman-Z | 37.99 |
F-Score6
WACC10.98%
ROIC/WACC1.76
Cap/Depr(3y)53.87%
Cap/Depr(5y)88.52%
Cap/Sales(3y)2.55%
Cap/Sales(5y)6.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.8%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%1.55%
EPS Next Y20.68%
EPS Next 2Y18.26%
EPS Next 3Y23.7%
EPS Next 5YN/A
Revenue 1Y (TTM)18.88%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%21.2%
Revenue Next Year20.06%
Revenue Next 2Y19.22%
Revenue Next 3Y18.72%
Revenue Next 5YN/A
EBIT growth 1Y-8.9%
EBIT growth 3YN/A
EBIT growth 5Y77.49%
EBIT Next Year30.27%
EBIT Next 3Y25.71%
EBIT Next 5YN/A
FCF growth 1Y889.42%
FCF growth 3Y307.73%
FCF growth 5Y79.14%
OCF growth 1Y507.22%
OCF growth 3Y74.53%
OCF growth 5Y37.07%
APPFOLIO INC - A / APPF FAQ
What is the fundamental rating for APPF stock?
ChartMill assigns a fundamental rating of 7 / 10 to APPF.
Can you provide the valuation status for APPFOLIO INC - A?
ChartMill assigns a valuation rating of 4 / 10 to APPFOLIO INC - A (APPF). This can be considered as Fairly Valued.
How profitable is APPFOLIO INC - A (APPF) stock?
APPFOLIO INC - A (APPF) has a profitability rating of 7 / 10.
What is the expected EPS growth for APPFOLIO INC - A (APPF) stock?
The Earnings per Share (EPS) of APPFOLIO INC - A (APPF) is expected to grow by 20.68% in the next year.