APPFOLIO INC - A (APPF) Stock Fundamental Analysis
NASDAQ:APPF - Nasdaq - US03783C1009 - Common Stock - Currency: USD
Taking everything into account, APPF scores 6 out of 10 in our fundamental rating. APPF was compared to 284 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 growing strongly while it is still valued neutral. This is a good combination! This makes APPF very considerable 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.
In the past 5 years APPF always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 32.56%, APPF belongs to the best of the industry, outperforming 98.92% of the companies in the same industry.
With an excellent Return On Equity value of 39.30%, APPF belongs to the best of the industry, outperforming 94.22% of the companies in the same industry.
The Return On Invested Capital of APPF (19.02%) is better than 92.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 32.56% | ||
| ROE | 39.3% | ||
| ROIC | 19.02% |
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
The Profit Margin of APPF (25.69%) is better than 90.97% of its industry peers.
APPF's Profit Margin has improved in the last couple of years.
APPF has a Operating Margin of 17.08%. This is amongst the best in the industry. APPF outperforms 84.84% of its industry peers.
In the last couple of years the Operating Margin of APPF has grown nicely.
The Gross Margin of APPF (64.48%) is comparable to the rest of the industry.
APPF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.08% | ||
| PM (TTM) | 25.69% | ||
| GM | 64.48% |
OM growth 3YN/A
OM growth 5Y41.53%
PM growth 3Y352%
PM growth 5Y12.63%
GM growth 3Y2.47%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
APPF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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 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 | N/A |
ROIC/WACC1.74
WACC10.94%
2.3 Liquidity
APPF has a Current Ratio of 5.30. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.30, APPF belongs to the top of the industry, outperforming 88.81% of the companies in the same industry.
APPF has a Quick Ratio of 5.30. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
APPF has a better Quick ratio (5.30) than 88.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.3 | ||
| Quick Ratio | 5.3 |
3. Growth
3.1 Past
APPF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 158.24%, which is quite impressive.
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.
Looking at the last year, APPF shows a very strong growth in Revenue. The Revenue has grown by 28.01%.
APPF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.41% yearly.
EPS 1Y (TTM)158.24%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%4.55%
Revenue 1Y (TTM)28.01%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%18.53%
3.2 Future
The Earnings Per Share is expected to grow by 25.82% 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 8.43% yearly.
EPS Next Y27.39%
EPS Next 2Y25.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year18.61%
Revenue Next 2Y17.97%
Revenue Next 3Y8.43%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 52.79 indicates a quite expensive valuation of APPF.
APPF's Price/Earnings ratio is a bit cheaper when compared to the industry. APPF is cheaper than 61.37% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.47, APPF is valued quite expensively.
APPF is valuated quite expensively with a Price/Forward Earnings ratio of 41.44.
APPF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. APPF is cheaper than 62.45% of the companies in the same industry.
APPF is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.79 | ||
| Fwd PE | 41.44 |
4.2 Price Multiples
APPF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APPF is cheaper than 68.23% 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 67.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.52 | ||
| EV/EBITDA | 51.52 |
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.
APPF's earnings are expected to grow with 25.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.93
PEG (5Y)0.88
EPS Next 2Y25.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
APPFOLIO INC - A
NASDAQ:APPF (2/4/2025, 8:26:56 PM)
After market: 233.5 +1.77 (+0.76%)231.73
-6.77 (-2.84%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners86.06%
Inst Owner Change-1.38%
Ins Owners2.5%
Ins Owner Change-2.43%
Market Cap8.42B
Analysts78.57
Price Target262.98 (13.49%)
Short Float %1.76%
Short Ratio1.75
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)9.11%
Min EPS beat(2)-4.25%
Max EPS beat(2)22.46%
EPS beat(4)3
Avg EPS beat(4)12.33%
Min EPS beat(4)-4.25%
Max EPS beat(4)22.46%
EPS beat(8)7
Avg EPS beat(8)35.3%
EPS beat(12)10
Avg EPS beat(12)-148.25%
EPS beat(16)10
Avg EPS beat(16)-128.78%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-0.16%
Max Revenue beat(2)1.3%
Revenue beat(4)3
Avg Revenue beat(4)1.38%
Min Revenue beat(4)-0.16%
Max Revenue beat(4)2.84%
Revenue beat(8)7
Avg Revenue beat(8)1.81%
Revenue beat(12)10
Avg Revenue beat(12)1.75%
Revenue beat(16)12
Avg Revenue beat(16)1.12%
PT rev (1m)0.38%
PT rev (3m)-7.12%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)-0.74%
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.79 | ||
| Fwd PE | 41.44 | ||
| P/S | 10.6 | ||
| P/FCF | 46.52 | ||
| P/OCF | 44.74 | ||
| P/B | 16.21 | ||
| P/tB | 23.49 | ||
| EV/EBITDA | 51.52 |
EPS(TTM)4.39
EY1.89%
EPS(NY)5.59
Fwd EY2.41%
FCF(TTM)4.98
FCFY2.15%
OCF(TTM)5.18
OCFY2.23%
SpS21.86
BVpS14.29
TBVpS9.86
PEG (NY)1.93
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 32.56% | ||
| ROE | 39.3% | ||
| ROCE | 24.08% | ||
| ROIC | 19.02% | ||
| ROICexc | 37.58% | ||
| ROICexgc | 86.24% | ||
| OM | 17.08% | ||
| PM (TTM) | 25.69% | ||
| GM | 64.48% | ||
| FCFM | 22.79% |
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
ROICexcg growth 3YN/A
ROICexcg growth 5Y55.49%
ROICexc growth 3YN/A
ROICexc growth 5Y60.78%
OM growth 3YN/A
OM growth 5Y41.53%
PM growth 3Y352%
PM growth 5Y12.63%
GM growth 3Y2.47%
GM growth 5Y1.35%
F-Score6
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 40.39% | ||
| Cap/Sales | 0.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 122.63% | ||
| Profit Quality | 88.68% | ||
| Current Ratio | 5.3 | ||
| Quick Ratio | 5.3 | ||
| Altman-Z | N/A |
F-Score6
WACC10.94%
ROIC/WACC1.74
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)158.24%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%4.55%
EPS Next Y27.39%
EPS Next 2Y25.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)28.01%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%18.53%
Revenue Next Year18.61%
Revenue Next 2Y17.97%
Revenue Next 3Y8.43%
Revenue Next 5YN/A
EBIT growth 1Y2489.12%
EBIT growth 3YN/A
EBIT growth 5Y77.49%
EBIT Next Year30.3%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y289.89%
FCF growth 3Y307.73%
FCF growth 5Y79.14%
OCF growth 1Y212.13%
OCF growth 3Y74.53%
OCF growth 5Y37.07%