APPFOLIO INC - A (APPF) Stock Fundamental Analysis
USA - NASDAQ:APPF - US03783C1009 - Common Stock
228.08 USD
-10.2 (-4.28%)
228.08 USD
0 (0%)
Taking everything into account, APPF scores 7 out of 10 in our fundamental rating. APPF was compared to 281 industry peers in the Software industry. APPF has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. APPF is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! 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
APPF's Return On Assets of 31.81% is amongst the best of 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's Return On Invested Capital of 19.35% is amongst the best of the industry. APPF outperforms 93.59% 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.
In the last couple of years the Profit Margin of APPF has grown nicely.
APPF has a Operating Margin of 14.60%. This is amongst the best in the industry. APPF outperforms 80.78% of its industry peers.
In the last couple of years the Operating Margin of APPF has grown nicely.
APPF has a Gross Margin (63.48%) which is in line with its industry peers.
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
APPF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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 37.98. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
APPF has a Altman-Z score of 37.98. This is amongst the best in the industry. APPF outperforms 96.80% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 37.98 |
ROIC/WACC1.75
WACC11.06%
2.3 Liquidity
A Current Ratio of 3.01 indicates that APPF has no problem at all paying its short term obligations.
APPF's Current ratio of 3.01 is fine compared to the rest of the industry. APPF outperforms 76.87% of its industry peers.
A Quick Ratio of 3.01 indicates that APPF has no problem at all paying its short term obligations.
With a decent Quick ratio value of 3.01, APPF is doing good in the industry, outperforming 77.58% 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.
APPF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.88%.
Measured over the past years, APPF shows a very strong growth in Revenue. The Revenue has been growing by 25.41% on average per year.
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 23.70% 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 18.72% 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
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 47.32, APPF can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as APPF.
The average S&P500 Price/Earnings ratio is at 25.51. APPF is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 37.15 indicates a quite expensive valuation of APPF.
APPF's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.98. APPF is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.32 | ||
| Fwd PE | 37.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APPF is valued a bit cheaper than the industry average as 62.28% of the companies are valued more expensively.
62.63% 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 | 39.28 | ||
| EV/EBITDA | 51.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
APPF has a very decent profitability rating, which may justify a higher PE ratio.
APPF's earnings are expected to grow with 23.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.29
PEG (5Y)0.79
EPS Next 2Y18.26%
EPS Next 3Y23.7%
5. Dividend
5.1 Amount
No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
228.08
-10.2 (-4.28%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners90.33%
Inst Owner Change0.9%
Ins Owners2.32%
Ins Owner Change3.23%
Market Cap8.18B
Revenue(TTM)906.29M
Net Income(TTM)203.74M
Analysts83.08
Price Target332.82 (45.92%)
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)-3.07%
PT rev (3m)10.45%
EPS NQ rev (1m)-5.5%
EPS NQ rev (3m)-5.5%
EPS NY rev (1m)-3.27%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)0.94%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.32 | ||
| Fwd PE | 37.15 | ||
| P/S | 9.02 | ||
| P/FCF | 39.28 | ||
| P/OCF | 38.27 | ||
| P/B | 16.39 | ||
| P/tB | 23.4 | ||
| EV/EBITDA | 51.23 |
EPS(TTM)4.82
EY2.11%
EPS(NY)6.14
Fwd EY2.69%
FCF(TTM)5.81
FCFY2.55%
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 | 37.98 |
F-Score6
WACC11.06%
ROIC/WACC1.75
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.