APPFOLIO INC - A (APPF) Stock Fundamental Analysis

NASDAQ:APPF • US03783C1009

172.23 USD
-4.15 (-2.35%)
At close: Feb 20, 2026
172.23 USD
0 (0%)
After Hours: 2/20/2026, 8:17:09 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to APPF. APPF was compared to 276 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 growing strongly while it is still valued neutral. This is a good combination! These ratings would make APPF suitable for growth and quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year APPF was profitable.
  • APPF had a positive operating cash flow in the past year.
  • Of the past 5 years APPF 4 years were profitable.
  • APPF had a positive operating cash flow in each of the past 5 years.
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

  • The Return On Assets of APPF (20.45%) is better than 96.38% of its industry peers.
  • Looking at the Return On Equity, with a value of 25.97%, APPF belongs to the top of the industry, outperforming 90.94% of the companies in the same industry.
  • APPF has a better Return On Invested Capital (22.98%) than 95.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for APPF is above the industry average of 10.64%.
  • 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's Profit Margin of 14.82% is fine compared to the rest of the industry. APPF outperforms 77.90% of its industry peers.
  • APPF's Profit Margin has declined in the last couple of years.
  • APPF has a Operating Margin of 16.08%. This is amongst the best in the industry. APPF outperforms 81.88% 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 63.68%, APPF is in line with its industry, outperforming 40.94% of the companies in the same industry.
  • APPF's Gross Margin has been stable in the last couple of years.
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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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APPF is creating value.
  • The number of shares outstanding for APPF has been reduced compared to 1 year ago.
  • 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.
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

  • APPF has an Altman-Z score of 29.44. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of APPF (29.44) is better than 97.46% 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 29.44
ROIC/WACC2.09
WACC11.01%
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

  • A Current Ratio of 3.31 indicates that APPF has no problem at all paying its short term obligations.
  • With a decent Current ratio value of 3.31, APPF is doing good in the industry, outperforming 77.54% 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 77.54% 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. Growth

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.
  • The Earnings Per Share has been growing slightly by 3.52% on average over the past years.
  • The Revenue has grown by 19.72% 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 25.12% yearly.
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
  • Based on estimates for the next years, APPF will show a quite strong growth in Revenue. The Revenue will grow by 16.84% on average per year.
EPS Next Y25.81%
EPS Next 2Y23.86%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue Next Year17.45%
Revenue Next 2Y17.03%
Revenue Next 3Y16.84%
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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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 32.56 indicates a quite expensive valuation of APPF.
  • The rest of the industry has a similar Price/Earnings ratio as APPF.
  • APPF is valuated rather expensively when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 25.88, 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 28.06, APPF is valued at the same level.
Industry RankSector Rank
PE 32.56
Fwd PE 25.88
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

  • Based on the Enterprise Value to EBITDA ratio, APPF is valued a bit cheaper than the industry average as 62.32% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of APPF indicates a somewhat cheap valuation: APPF is cheaper than 64.86% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 26.32
EV/EBITDA 33.9
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

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent 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 21.75% in the coming years.
PEG (NY)1.26
PEG (5Y)9.25
EPS Next 2Y23.86%
EPS Next 3Y21.75%

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

0

5. Dividend

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

APPFOLIO INC - A

NASDAQ:APPF (2/20/2026, 8:17:09 PM)

After market: 172.23 0 (0%)

172.23

-4.15 (-2.35%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners88.38%
Inst Owner Change2.68%
Ins Owners2.47%
Ins Owner Change1.72%
Market Cap6.20B
Revenue(TTM)950.82M
Net Income(TTM)140.92M
Analysts82.86
Price Target278.03 (61.43%)
Short Float %5.7%
Short Ratio3.96
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)-11.67%
PT rev (3m)-16.46%
EPS NQ rev (1m)2.95%
EPS NQ rev (3m)4.3%
EPS NY rev (1m)1.88%
EPS NY rev (3m)8.41%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)-0.96%
Revenue NY rev (3m)-0.7%
Valuation
Industry RankSector Rank
PE 32.56
Fwd PE 25.88
P/S 6.52
P/FCF 26.32
P/OCF 25.6
P/B 11.42
P/tB 15.65
EV/EBITDA 33.9
EPS(TTM)5.29
EY3.07%
EPS(NY)6.66
Fwd EY3.86%
FCF(TTM)6.54
FCFY3.8%
OCF(TTM)6.73
OCFY3.91%
SpS26.42
BVpS15.08
TBVpS11
PEG (NY)1.26
PEG (5Y)9.25
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 29.44
F-Score6
WACC11.01%
ROIC/WACC2.09
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 Y25.81%
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 Year17.45%
Revenue Next 2Y17.03%
Revenue Next 3Y16.84%
Revenue Next 5YN/A
EBIT growth 1Y12.73%
EBIT growth 3YN/A
EBIT growth 5Y73.24%
EBIT Next Year34.81%
EBIT Next 3YN/A
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 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 25.81% in the next year.