APPFOLIO INC - A (APPF) Fundamental Analysis & Valuation

NASDAQ:APPF • US03783C1009

Current stock price

164.935 USD
-1.87 (-1.12%)
Last:

This APPF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. APPF Profitability Analysis

1.1 Basic Checks

  • APPF had positive earnings in the past year.
  • In the past year APPF had a positive cash flow from operations.
  • APPF had positive earnings in 4 of the past 5 years.
  • In the past 5 years APPF always reported a positive cash flow from operatings.
APPF Yearly Net Income VS EBIT VS OCF VS FCFAPPF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • APPF's Return On Assets of 20.45% is amongst the best of the industry. APPF outperforms 96.75% of its industry peers.
  • APPF has a better Return On Equity (25.97%) than 90.97% of its industry peers.
  • With an excellent Return On Invested Capital value of 22.98%, APPF belongs to the best of the industry, outperforming 95.31% of the companies in the same industry.
  • APPF had an Average Return On Invested Capital over the past 3 years of 15.13%. This is above the industry average of 10.78%.
  • The last Return On Invested Capital (22.98%) for APPF is above the 3 year average (15.13%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 20.45%
ROE 25.97%
ROIC 22.98%
ROA(3y)17.89%
ROA(5y)7.21%
ROE(3y)22.06%
ROE(5y)8.17%
ROIC(3y)15.13%
ROIC(5y)N/A
APPF Yearly ROA, ROE, ROICAPPF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1.3 Margins

  • APPF has a better Profit Margin (14.82%) than 81.23% of its industry peers.
  • In the last couple of years the Profit Margin of APPF has declined.
  • APPF has a Operating Margin of 16.08%. This is amongst the best in the industry. APPF outperforms 83.39% of its industry peers.
  • APPF's Operating Margin has improved in the last couple of years.
  • APPF has a Gross Margin (63.68%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of APPF has remained more or less at the same level.
Industry RankSector Rank
OM 16.08%
PM (TTM) 14.82%
GM 63.68%
OM growth 3YN/A
OM growth 5Y38.46%
PM growth 3YN/A
PM growth 5Y-21.92%
GM growth 3Y2.37%
GM growth 5Y0.67%
APPF Yearly Profit, Operating, Gross MarginsAPPF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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9

2. APPF Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), APPF is creating value.
  • Compared to 1 year ago, APPF has less shares outstanding
  • The number of shares outstanding for APPF has been increased compared to 5 years ago.
  • APPF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
APPF Yearly Shares OutstandingAPPF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
APPF Yearly Total Debt VS Total AssetsAPPF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 28.02 indicates that APPF is not in any danger for bankruptcy at the moment.
  • APPF's Altman-Z score of 28.02 is amongst the best of the industry. APPF outperforms 96.75% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 28.02
ROIC/WACC2.13
WACC10.8%
APPF Yearly LT Debt VS Equity VS FCFAPPF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M 500M

2.3 Liquidity

  • APPF has a Current Ratio of 3.31. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Current ratio value of 3.31, APPF is doing good in the industry, outperforming 75.09% of the companies in the same industry.
  • APPF has a Quick Ratio of 3.31. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
  • APPF's Quick ratio of 3.31 is fine compared to the rest of the industry. APPF outperforms 75.09% of its industry peers.
Industry RankSector Rank
Current Ratio 3.31
Quick Ratio 3.31
APPF Yearly Current Assets VS Current LiabilitesAPPF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. APPF Growth Analysis

3.1 Past

  • APPF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.50%, which is quite impressive.
  • APPF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.52% yearly.
  • Looking at the last year, APPF shows a quite strong growth in Revenue. The Revenue has grown by 19.72% in the last year.
  • Measured over the past years, APPF shows a very strong growth in Revenue. The Revenue has been growing by 25.12% on average per year.
EPS 1Y (TTM)20.5%
EPS 3YN/A
EPS 5Y3.52%
EPS Q2Q%51.09%
Revenue 1Y (TTM)19.72%
Revenue growth 3Y26.3%
Revenue growth 5Y25.12%
Sales Q2Q%21.86%

3.2 Future

  • The Earnings Per Share is expected to grow by 21.75% on average over the next years. This is a very strong growth
  • APPF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.86% yearly.
EPS Next Y26.45%
EPS Next 2Y23.86%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue Next Year17.55%
Revenue Next 2Y17.03%
Revenue Next 3Y16.86%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
APPF Yearly Revenue VS EstimatesAPPF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
APPF Yearly EPS VS EstimatesAPPF Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 4 6 8

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4

4. APPF Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 31.18, the valuation of APPF can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of APPF is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 25.73, APPF is valued a bit more expensive.
  • Based on the Price/Forward Earnings ratio of 24.66, the valuation of APPF can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of APPF is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 23.72. APPF is around the same levels.
Industry RankSector Rank
PE 31.18
Fwd PE 24.66
APPF Price Earnings VS Forward Price EarningsAPPF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • APPF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APPF is cheaper than 64.62% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of APPF indicates a somewhat cheap valuation: APPF is cheaper than 64.98% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 25.2
EV/EBITDA 31.94
APPF Per share dataAPPF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • APPF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • APPF has an outstanding profitability rating, which may justify a higher PE ratio.
  • APPF's earnings are expected to grow with 21.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.18
PEG (5Y)8.86
EPS Next 2Y23.86%
EPS Next 3Y21.75%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. APPF Dividend Analysis

5.1 Amount

  • No dividends for APPF!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

APPF Fundamentals: All Metrics, Ratios and Statistics

APPFOLIO INC - A

NASDAQ:APPF (3/20/2026, 9:58:01 AM)

164.935

-1.87 (-1.12%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners86.92%
Inst Owner Change3.52%
Ins Owners2.42%
Ins Owner Change2.2%
Market Cap5.94B
Revenue(TTM)950.82M
Net Income(TTM)140.92M
Analysts82.86
Price Target271.88 (64.84%)
Short Float %8.32%
Short Ratio4.63
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-1.42%
Min EPS beat(2)-11.52%
Max EPS beat(2)8.67%
EPS beat(4)2
Avg EPS beat(4)-0.13%
Min EPS beat(4)-11.52%
Max EPS beat(4)8.67%
EPS beat(8)5
Avg EPS beat(8)6.1%
EPS beat(12)9
Avg EPS beat(12)23.49%
EPS beat(16)12
Avg EPS beat(16)-111.22%
Revenue beat(2)0
Avg Revenue beat(2)-0.84%
Min Revenue beat(2)-1.31%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-1.25%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)-0.15%
Revenue beat(8)3
Avg Revenue beat(8)0.06%
Revenue beat(12)7
Avg Revenue beat(12)0.79%
Revenue beat(16)10
Avg Revenue beat(16)1%
PT rev (1m)-2.21%
PT rev (3m)-14.92%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)3.43%
EPS NY rev (1m)0.5%
EPS NY rev (3m)2.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.78%
Valuation
Industry RankSector Rank
PE 31.18
Fwd PE 24.66
P/S 6.24
P/FCF 25.2
P/OCF 24.52
P/B 10.94
P/tB 14.99
EV/EBITDA 31.94
EPS(TTM)5.29
EY3.21%
EPS(NY)6.69
Fwd EY4.06%
FCF(TTM)6.54
FCFY3.97%
OCF(TTM)6.73
OCFY4.08%
SpS26.42
BVpS15.08
TBVpS11
PEG (NY)1.18
PEG (5Y)8.86
Graham Number42.36
Profitability
Industry RankSector Rank
ROA 20.45%
ROE 25.97%
ROCE 26.27%
ROIC 22.98%
ROICexc 40.42%
ROICexgc 72.56%
OM 16.08%
PM (TTM) 14.82%
GM 63.68%
FCFM 24.77%
ROA(3y)17.89%
ROA(5y)7.21%
ROE(3y)22.06%
ROE(5y)8.17%
ROIC(3y)15.13%
ROIC(5y)N/A
ROICexc(3y)28.55%
ROICexc(5y)N/A
ROICexgc(3y)59.25%
ROICexgc(5y)N/A
ROCE(3y)17.3%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y39.85%
ROICexc growth 3YN/A
ROICexc growth 5Y51.83%
OM growth 3YN/A
OM growth 5Y38.46%
PM growth 3YN/A
PM growth 5Y-21.92%
GM growth 3Y2.37%
GM growth 5Y0.67%
F-Score6
Asset Turnover1.38
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 29.12%
Cap/Sales 0.69%
Interest Coverage 250
Cash Conversion 137.9%
Profit Quality 167.12%
Current Ratio 3.31
Quick Ratio 3.31
Altman-Z 28.02
F-Score6
WACC10.8%
ROIC/WACC2.13
Cap/Depr(3y)40.61%
Cap/Depr(5y)60.69%
Cap/Sales(3y)1.28%
Cap/Sales(5y)3.49%
Profit Quality(3y)657.89%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.5%
EPS 3YN/A
EPS 5Y3.52%
EPS Q2Q%51.09%
EPS Next Y26.45%
EPS Next 2Y23.86%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue 1Y (TTM)19.72%
Revenue growth 3Y26.3%
Revenue growth 5Y25.12%
Sales Q2Q%21.86%
Revenue Next Year17.55%
Revenue Next 2Y17.03%
Revenue Next 3Y16.86%
Revenue Next 5YN/A
EBIT growth 1Y12.73%
EBIT growth 3YN/A
EBIT growth 5Y73.24%
EBIT Next Year36.16%
EBIT Next 3Y19.21%
EBIT Next 5YN/A
FCF growth 1Y30.14%
FCF growth 3Y284.59%
FCF growth 5Y135.96%
OCF growth 1Y28.67%
OCF growth 3Y112.11%
OCF growth 5Y38.04%

APPFOLIO INC - A / APPF Fundamental Analysis FAQ

What is the fundamental rating for APPF stock?

ChartMill assigns a fundamental rating of 7 / 10 to APPF.


What is the valuation status of APPFOLIO INC - A (APPF) stock?

ChartMill assigns a valuation rating of 4 / 10 to APPFOLIO INC - A (APPF). This can be considered as Fairly Valued.


What is the profitability of APPF stock?

APPFOLIO INC - A (APPF) has a profitability rating of 8 / 10.


What is the financial health of APPFOLIO INC - A (APPF) stock?

The financial health rating of APPFOLIO INC - A (APPF) is 9 / 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 26.45% in the next year.