APPFOLIO INC - A (APPF) Fundamental Analysis & Valuation
NASDAQ:APPF • US03783C1009
189.71 USD
-1.46 (-0.76%)
At close: Mar 9, 2026
189.71 USD
0 (0%)
After Hours: 3/9/2026, 8:00:01 PM
This APPF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall APPF gets a fundamental rating of 7 out of 10. We evaluated APPF against 277 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! With these ratings, APPF could be worth investigating further for growth and quality investing!.
1. APPF Profitability Analysis
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
- Looking at the Return On Assets, with a value of 20.45%, APPF belongs to the top of the industry, outperforming 96.39% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 25.97%, APPF belongs to the top of the industry, outperforming 90.61% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 22.98%, APPF belongs to the best of the industry, outperforming 95.31% of the companies in the same industry.
- APPF had an Average Return On Invested Capital over the past 3 years of 15.13%. This is above the industry average of 10.88%.
- 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 Rank | Sector 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
1.3 Margins
- APPF has a better Profit Margin (14.82%) than 81.23% 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 83.39% of its industry peers.
- In the last couple of years the Operating Margin of APPF has grown nicely.
- APPF has a Gross Margin (63.68%) which is in line with its industry peers.
- 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 | 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%
2. APPF Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APPF is creating value.
- APPF has less shares outstanding than it did 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.
2.2 Solvency
- An Altman-Z score of 31.62 indicates that APPF is not in any danger for bankruptcy at the moment.
- APPF has a better Altman-Z score (31.62) than 97.11% 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 | 31.62 |
ROIC/WACC2.11
WACC10.91%
2.3 Liquidity
- A Current Ratio of 3.31 indicates that APPF has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 3.31, APPF is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
- A Quick Ratio of 3.31 indicates that APPF has no problem at all paying its short term obligations.
- APPF has a Quick ratio of 3.31. This is in the better half of the industry: APPF outperforms 74.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 3.31 |
3. APPF Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 20.50% over the past year.
- The Earnings Per Share has been growing slightly by 3.52% on average over the past years.
- Looking at the last year, APPF shows a quite strong growth in Revenue. The Revenue has grown by 19.72% in the last year.
- 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
- The Revenue is expected to grow by 16.86% on average over the next years. This is quite good.
EPS Next Y26.45%
EPS Next 2Y23.86%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue Next Year17.55%
Revenue Next 2Y17.03%
Revenue Next 3Y16.86%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. APPF Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 35.86 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.
- When comparing the Price/Earnings ratio of APPF to the average of the S&P500 Index (26.46), we can say APPF is valued slightly more expensively.
- With a Price/Forward Earnings ratio of 28.36, APPF can be considered very expensive at the moment.
- APPF's Price/Forward Earnings is on the same level as the industry average.
- APPF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.86 | ||
| Fwd PE | 28.36 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APPF indicates a somewhat cheap valuation: APPF is cheaper than 64.98% of the companies listed in the same industry.
- 64.26% 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 | 28.99 | ||
| EV/EBITDA | 36.94 |
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.
- APPF's earnings are expected to grow with 21.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.36
PEG (5Y)10.19
EPS Next 2Y23.86%
EPS Next 3Y21.75%
5. APPF Dividend Analysis
5.1 Amount
- No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
APPF Fundamentals: All Metrics, Ratios and Statistics
189.71
-1.46 (-0.76%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-29 2026-01-29/amc
Earnings (Next)04-22 2026-04-22
Inst Owners86.92%
Inst Owner Change3.52%
Ins Owners2.42%
Ins Owner Change1.94%
Market Cap6.83B
Revenue(TTM)950.82M
Net Income(TTM)140.92M
Analysts82.86
Price Target271.88 (43.31%)
Short Float %8.29%
Short Ratio5.05
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)-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)-2.21%
PT rev (3m)-14.92%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)3.43%
EPS NY rev (1m)0.5%
EPS NY rev (3m)2.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.86 | ||
| Fwd PE | 28.36 | ||
| P/S | 7.18 | ||
| P/FCF | 28.99 | ||
| P/OCF | 28.2 | ||
| P/B | 12.58 | ||
| P/tB | 17.24 | ||
| EV/EBITDA | 36.94 |
EPS(TTM)5.29
EY2.79%
EPS(NY)6.69
Fwd EY3.53%
FCF(TTM)6.54
FCFY3.45%
OCF(TTM)6.73
OCFY3.55%
SpS26.42
BVpS15.08
TBVpS11
PEG (NY)1.36
PEG (5Y)10.19
Graham Number42.36
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 31.62 |
F-Score6
WACC10.91%
ROIC/WACC2.11
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 Y26.45%
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 Year17.55%
Revenue Next 2Y17.03%
Revenue Next 3Y16.86%
Revenue Next 5YN/A
EBIT growth 1Y12.73%
EBIT growth 3YN/A
EBIT growth 5Y73.24%
EBIT Next Year36.16%
EBIT Next 3Y19.21%
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 26.45% in the next year.