230.37 USD
-2.28 (-0.98%)
230.87 USD
+0.5 (+0.22%)
APPF gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 276 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 valued quite expensive, but it does show an excellent growth. These ratings would make APPF suitable for growth and quality investing!
1. Profitability
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.
Each year in the past 5 years APPF had a positive operating cash flow.
1.2 Ratios
APPF has a Return On Assets of 31.81%. This is amongst the best in the industry. APPF outperforms 98.55% of its industry peers.
APPF has a better Return On Equity (40.84%) than 94.57% of its industry peers.
APPF has a better Return On Invested Capital (19.35%) than 94.20% 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 85.51% of the companies in the same industry.
APPF's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 14.60%, APPF belongs to the top of the industry, outperforming 80.80% of the companies in the same industry.
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 41.30% 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.
The number of shares outstanding for APPF has been increased compared to 1 year ago.
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.
2.2 Solvency
APPF has an Altman-Z score of 38.39. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 38.39, APPF belongs to the top of the industry, outperforming 97.46% of the companies in the same industry.
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 | 38.39 |
ROIC/WACC1.77
WACC10.94%
2.3 Liquidity
A Current Ratio of 3.01 indicates that APPF has no problem at all paying its short term obligations.
APPF has a better Current ratio (3.01) than 75.72% 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 76.09% 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.
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.
The Revenue has grown by 18.88% in the past year. This is quite good.
APPF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.41% yearly.
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 23.21% on average per year.
Based on estimates for the next years, APPF will show a quite strong growth in Revenue. The Revenue will grow by 18.81% on average per year.
EPS Next Y19.8%
EPS Next 2Y21.99%
EPS Next 3Y23.21%
EPS Next 5YN/A
Revenue Next Year20.18%
Revenue Next 2Y19.38%
Revenue Next 3Y18.81%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 47.79, APPF can be considered very expensive at the moment.
APPF's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.60. APPF is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 35.26, the valuation of APPF can be described as expensive.
APPF's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, APPF is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.79 | ||
| Fwd PE | 35.26 |
4.2 Price Multiples
60.14% of the companies in the same industry are more expensive than APPF, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APPF indicates a somewhat cheap valuation: APPF is cheaper than 61.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.75 | ||
| EV/EBITDA | 51.87 |
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 23.21% in the coming years.
PEG (NY)2.41
PEG (5Y)0.8
EPS Next 2Y21.99%
EPS Next 3Y23.21%
5. Dividend
5.1 Amount
APPF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
230.37
-2.28 (-0.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners88.38%
Inst Owner Change0%
Ins Owners2.47%
Ins Owner Change-0.41%
Market Cap8.27B
Revenue(TTM)906.29M
Net Income(TTM)203.74M
Analysts83.08
Price Target314.75 (36.63%)
Short Float %6.04%
Short Ratio5.39
Dividend
| Industry Rank | Sector 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)-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)-1.5%
PT rev (3m)-8.33%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)-5.55%
EPS NY rev (1m)0.37%
EPS NY rev (3m)-3.97%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.79 | ||
| Fwd PE | 35.26 | ||
| P/S | 9.13 | ||
| P/FCF | 39.75 | ||
| P/OCF | 38.73 | ||
| P/B | 16.59 | ||
| P/tB | 23.68 | ||
| EV/EBITDA | 51.87 |
EPS(TTM)4.82
EY2.09%
EPS(NY)6.53
Fwd EY2.84%
FCF(TTM)5.8
FCFY2.52%
OCF(TTM)5.95
OCFY2.58%
SpS25.23
BVpS13.89
TBVpS9.73
PEG (NY)2.41
PEG (5Y)0.8
Graham Number38.81
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 | 38.39 |
F-Score6
WACC10.94%
ROIC/WACC1.77
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 Y19.8%
EPS Next 2Y21.99%
EPS Next 3Y23.21%
EPS Next 5YN/A
Revenue 1Y (TTM)18.88%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%21.2%
Revenue Next Year20.18%
Revenue Next 2Y19.38%
Revenue Next 3Y18.81%
Revenue Next 5YN/A
EBIT growth 1Y-8.9%
EBIT growth 3YN/A
EBIT growth 5Y77.49%
EBIT Next Year21.11%
EBIT Next 3Y23.99%
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 6 / 10 to APPF.
What is the valuation status of APPFOLIO INC - A (APPF) stock?
ChartMill assigns a valuation rating of 3 / 10 to APPFOLIO INC - A (APPF). This can be considered as Overvalued.
What is the profitability of APPF stock?
APPFOLIO INC - A (APPF) has a profitability rating of 7 / 10.
What is the financial health of APPFOLIO INC - A (APPF) stock?
The financial health rating of APPFOLIO INC - A (APPF) is 8 / 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 19.8% in the next year.