209.775 USD
-8.22 (-3.77%)
Taking everything into account, APPF scores 6 out of 10 in our fundamental rating. APPF was compared to 278 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 valued quite expensively, but it does show have an excellent growth rating. 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
- With an excellent Return On Assets value of 31.81%, APPF belongs to the best of the industry, outperforming 98.56% of the companies in the same industry.
- APPF has a Return On Equity of 40.84%. This is amongst the best in the industry. APPF outperforms 94.60% of its industry peers.
- The Return On Invested Capital of APPF (19.35%) is better than 94.24% 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
- With an excellent Profit Margin value of 22.48%, APPF belongs to the best of the industry, outperforming 85.97% of the companies in the same industry.
- APPF's Profit Margin has improved in the last couple of years.
- The Operating Margin of APPF (14.60%) is better than 80.94% 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 41.01% of the companies in the same industry.
- APPF's Gross Margin has been stable in the last couple of years.
| 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.
- Compared to 5 years ago, APPF has more shares outstanding
- 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 36.51. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
- APPF has a better Altman-Z score (36.51) than 97.84% 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 | 36.51 |
ROIC/WACC1.74
WACC11.1%
2.3 Liquidity
- A Current Ratio of 3.01 indicates that APPF has no problem at all paying 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 75.18% 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 better Quick ratio (3.01) than 75.54% 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.
- The Earnings Per Share has been growing by 59.90% on average over the past years. This is a very strong growth
- Looking at the last year, APPF shows a quite strong growth in Revenue. The Revenue has grown by 18.88% in the last year.
- 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
- The Earnings Per Share is expected to grow by 23.21% on average over the next years. This is a very strong growth
- 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 43.52, APPF can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as APPF.
- When comparing the Price/Earnings ratio of APPF to the average of the S&P500 Index (28.60), we can say APPF is valued expensively.
- Based on the Price/Forward Earnings ratio of 32.11, the valuation of APPF can be described as expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as APPF.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, APPF is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.52 | ||
| Fwd PE | 32.11 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, APPF is valued a bit cheaper than the industry average as 60.07% of the companies are valued more expensively.
- APPF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APPF is cheaper than 63.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.2 | ||
| EV/EBITDA | 48.97 |
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.
- The decent profitability rating of APPF may justify a higher PE ratio.
- APPF's earnings are expected to grow with 23.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.2
PEG (5Y)0.73
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% |
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.