215.405 USD
-3.46 (-1.58%)
We assign a fundamental rating of 6 out of 10 to APPF. APPF was compared to 278 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 shows excellent growth, but is valued quite expensive already. These ratings would make APPF suitable for growth and quality investing!
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.
- Each year in the past 5 years APPF had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of APPF (31.81%) is better than 98.56% of its industry peers.
- APPF has a better Return On Equity (40.84%) than 94.60% of its industry peers.
- APPF's Return On Invested Capital of 19.35% is amongst the best of the industry. APPF outperforms 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.
- APPF has a Operating Margin of 14.60%. This is amongst the best in the industry. APPF outperforms 80.94% of its industry peers.
- In the last couple of years the Operating Margin of APPF has grown nicely.
- The Gross Margin of APPF (63.48%) 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 | 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.
- The number of shares outstanding for APPF has been increased compared to 1 year ago.
- APPF has more shares outstanding than it did 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 an Altman-Z score of 36.64. This indicates that APPF is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 36.64, APPF belongs to the best of the industry, outperforming 97.84% 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 | 36.64 |
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.
- With a decent Current ratio value of 3.01, APPF is doing good in the industry, outperforming 75.18% of the companies in the same industry.
- A Quick Ratio of 3.01 indicates that APPF has no problem at all paying 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
- The Earnings Per Share has grown by an nice 10.80% over the past year.
- 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.
- The Revenue has been growing by 25.41% on average over the past years. This is a very strong growth!
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 23.21% yearly.
- The Revenue is expected to grow by 18.81% on average over the next years. This is quite good.
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
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
- Based on the Price/Earnings ratio of 44.69, the valuation of APPF can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as APPF.
- APPF's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.25.
- A Price/Forward Earnings ratio of 32.97 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 is valuated rather expensively when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.69 | ||
| Fwd PE | 32.97 |
4.2 Price Multiples
- APPF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APPF is cheaper than 60.43% of the companies in the same industry.
- 63.67% 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 | 37.17 | ||
| EV/EBITDA | 49.17 |
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 23.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.26
PEG (5Y)0.75
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.