237.29 USD
+0.87 (+0.37%)
237.29 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to APPF. APPF was compared to 278 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. With these ratings, APPF could be worth investigating further 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.
Of the past 5 years APPF 4 years were profitable.
APPF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APPF has a better Return On Assets (31.81%) than 98.20% of its industry peers.
The Return On Equity of APPF (40.84%) is better than 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
Looking at the Profit Margin, with a value of 22.48%, APPF belongs to the top of the industry, outperforming 86.69% of the companies in the same industry.
In the last couple of years the Profit Margin of APPF has grown nicely.
Looking at the Operating Margin, with a value of 14.60%, APPF belongs to the top of the industry, outperforming 80.94% of the companies in the same industry.
APPF's Operating Margin has improved in the last couple of years.
APPF has a Gross Margin (63.48%) which is comparable to the rest of the 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so APPF is still 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
An Altman-Z score of 39.32 indicates that APPF is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 39.32, APPF belongs to the best of the industry, outperforming 97.12% of the companies in the same industry.
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 | 39.32 |
ROIC/WACC1.76
WACC11%
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 75.54% of its industry peers.
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.
Looking at the Quick ratio, with a value of 3.01, APPF is in the better half of the industry, outperforming 75.90% of the companies in the same industry.
| 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.
APPF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 59.90% yearly.
Looking at the last year, APPF shows a quite strong growth in Revenue. The Revenue has grown by 18.88% in the last year.
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
APPF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.57% yearly.
Based on estimates for the next years, APPF will show a quite strong growth in Revenue. The Revenue will grow by 18.87% on average per year.
EPS Next Y19.36%
EPS Next 2Y21.76%
EPS Next 3Y23.57%
EPS Next 5YN/A
Revenue Next Year20.15%
Revenue Next 2Y19.33%
Revenue Next 3Y18.87%
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
A Price/Earnings ratio of 49.23 indicates a quite expensive valuation of APPF.
Compared to the rest of the industry, the Price/Earnings ratio of APPF is on the same level as its industry peers.
APPF's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.57.
A Price/Forward Earnings ratio of 36.46 indicates a quite expensive valuation of APPF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APPF is on the same level as its industry peers.
APPF's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.23 | ||
| Fwd PE | 36.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APPF is valued a bit cheaper than the industry average as 61.15% 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 61.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.94 | ||
| EV/EBITDA | 53.29 |
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 23.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.54
PEG (5Y)0.82
EPS Next 2Y21.76%
EPS Next 3Y23.57%
5. Dividend
5.1 Amount
No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
237.29
+0.87 (+0.37%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners88.36%
Inst Owner Change0.75%
Ins Owners2.48%
Ins Owner Change-0.29%
Market Cap8.52B
Revenue(TTM)906.29M
Net Income(TTM)203.74M
Analysts83.08
Price Target319.56 (34.67%)
Short Float %6.3%
Short Ratio5.14
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)-3.98%
PT rev (3m)2.49%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-5.55%
EPS NY rev (1m)-1.09%
EPS NY rev (3m)-4.33%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.23 | ||
| Fwd PE | 36.46 | ||
| P/S | 9.4 | ||
| P/FCF | 40.94 | ||
| P/OCF | 39.89 | ||
| P/B | 17.09 | ||
| P/tB | 24.39 | ||
| EV/EBITDA | 53.29 |
EPS(TTM)4.82
EY2.03%
EPS(NY)6.51
Fwd EY2.74%
FCF(TTM)5.8
FCFY2.44%
OCF(TTM)5.95
OCFY2.51%
SpS25.23
BVpS13.89
TBVpS9.73
PEG (NY)2.54
PEG (5Y)0.82
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 | 39.32 |
F-Score6
WACC11%
ROIC/WACC1.76
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 Y19.36%
EPS Next 2Y21.76%
EPS Next 3Y23.57%
EPS Next 5YN/A
Revenue 1Y (TTM)18.88%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%21.2%
Revenue Next Year20.15%
Revenue Next 2Y19.33%
Revenue Next 3Y18.87%
Revenue Next 5YN/A
EBIT growth 1Y-8.9%
EBIT growth 3YN/A
EBIT growth 5Y77.49%
EBIT Next Year20.91%
EBIT Next 3Y24.95%
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.
Can you provide the valuation status for APPFOLIO INC - A?
ChartMill assigns a valuation rating of 3 / 10 to APPFOLIO INC - A (APPF). This can be considered as Overvalued.
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 19.36% in the next year.