228.62 USD
+7.31 (+3.3%)
228.62 USD
0 (0%)
Overall APPF gets a fundamental rating of 7 out of 10. We evaluated APPF against 281 industry peers in the Software industry. Both the health and profitability get an excellent rating, making APPF a very profitable company, without any liquidiy or solvency issues. APPF is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make APPF a good candidate 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.
APPF had positive earnings in 4 of the past 5 years.
APPF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APPF has a Return On Assets of 31.81%. This is amongst the best in the industry. APPF outperforms 98.22% of its industry peers.
The Return On Equity of APPF (40.84%) is better than 95.02% of its industry peers.
APPF has a better Return On Invested Capital (19.35%) than 93.95% 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
APPF has a better Profit Margin (22.48%) than 87.19% of its industry peers.
APPF's Profit Margin has improved in the last couple of years.
APPF has a Operating Margin of 14.60%. This is amongst the best in the industry. APPF outperforms 80.78% of its industry peers.
APPF's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 63.48%, APPF is in line with its industry, outperforming 40.93% of the companies in the same industry.
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.
APPF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for APPF has been increased compared to 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
APPF has an Altman-Z score of 38.06. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
APPF has a better Altman-Z score (38.06) than 96.80% of its industry peers.
APPF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 38.06 |
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.
APPF's Current ratio of 3.01 is fine compared to the rest of the industry. APPF outperforms 76.51% of its industry peers.
A Quick Ratio of 3.01 indicates that APPF has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.01, APPF is in the better half of the industry, outperforming 77.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.01 | ||
| Quick Ratio | 3.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.80% over the past year.
APPF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 59.90% yearly.
The Revenue has grown by 18.88% in the past year. This is quite good.
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
APPF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.70% yearly.
Based on estimates for the next years, APPF will show a quite strong growth in Revenue. The Revenue will grow by 18.72% on average per year.
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
The Price/Earnings ratio is 47.43, which means the current valuation is very expensive for APPF.
APPF's Price/Earnings ratio is in line with the industry average.
APPF is valuated expensively when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 37.24 indicates a quite expensive valuation of APPF.
The rest of the industry has a similar Price/Forward Earnings ratio as APPF.
APPF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.43 | ||
| Fwd PE | 37.24 |
4.2 Price Multiples
APPF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APPF is cheaper than 61.92% of the companies in the same industry.
63.35% of the companies in the same industry are more expensive than APPF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.37 | ||
| EV/EBITDA | 51.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of APPF may justify a higher PE ratio.
A more expensive valuation may be justified as APPF's earnings are expected to grow with 23.70% in the coming years.
PEG (NY)2.29
PEG (5Y)0.79
EPS Next 2Y18.26%
EPS Next 3Y23.7%
5. Dividend
5.1 Amount
APPF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
228.62
+7.31 (+3.3%)
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 Cap8.20B
Revenue(TTM)906.29M
Net Income(TTM)203.74M
Analysts83.08
Price Target319.56 (39.78%)
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 | 47.43 | ||
| Fwd PE | 37.24 | ||
| P/S | 9.04 | ||
| P/FCF | 39.37 | ||
| P/OCF | 38.36 | ||
| P/B | 16.43 | ||
| P/tB | 23.46 | ||
| EV/EBITDA | 51.35 |
EPS(TTM)4.82
EY2.11%
EPS(NY)6.14
Fwd EY2.69%
FCF(TTM)5.81
FCFY2.54%
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 | 38.06 |
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.