APPFOLIO INC - A (APPF) Stock Fundamental Analysis
NASDAQ:APPF - Nasdaq - US03783C1009 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to APPF. APPF was compared to 282 industry peers in the Software industry. APPF gets an excellent profitability rating and is at the same time showing great financial health properties. APPF is valued quite expensively, but it does show have an excellent growth rating. These ratings would make APPF suitable 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.
Each year in the past 5 years APPF had a positive operating cash flow.
1.2 Ratios
The Return On Assets of APPF (34.84%) is better than 99.29% of its industry peers.
APPF's Return On Equity of 42.58% is amongst the best of the industry. APPF outperforms 94.68% of its industry peers.
The Return On Invested Capital of APPF (21.12%) is better than 94.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 34.84% | ||
| ROE | 42.58% | ||
| ROIC | 21.12% |
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 (23.87%) than 91.84% of its industry peers.
In the last couple of years the Profit Margin of APPF has grown nicely.
APPF has a better Operating Margin (16.41%) than 84.04% of its industry peers.
In the last couple of years the Operating Margin of APPF has grown nicely.
APPF has a Gross Margin (63.99%) which 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 | 16.41% | ||
| PM (TTM) | 23.87% | ||
| GM | 63.99% |
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 well above the Cost of Capital (WACC), so APPF is creating value.
Compared to 1 year ago, APPF has more shares outstanding
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 58.60 indicates that APPF is not in any danger for bankruptcy at the moment.
APPF's Altman-Z score of 58.60 is amongst the best of the industry. APPF outperforms 97.87% of its industry peers.
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 | 58.6 |
ROIC/WACC1.92
WACC11.02%
2.3 Liquidity
A Current Ratio of 4.64 indicates that APPF has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.64, APPF belongs to the best of the industry, outperforming 86.88% of the companies in the same industry.
A Quick Ratio of 4.64 indicates that APPF has no problem at all paying its short term obligations.
APPF has a better Quick ratio (4.64) than 86.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.64 | ||
| Quick Ratio | 4.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 63.90% 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.
The Revenue has grown by 22.73% in the past year. This is a very strong growth!
The Revenue has been growing by 25.41% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)63.9%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%14.15%
Revenue 1Y (TTM)22.73%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%16.15%
3.2 Future
Based on estimates for the next years, APPF will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.13% on average per year.
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 Y19.39%
EPS Next 2Y18.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.71%
Revenue Next 2Y16.96%
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
The Price/Earnings ratio is 58.07, which means the current valuation is very expensive for 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 (27.69), we can say APPF is valued expensively.
With a Price/Forward Earnings ratio of 43.03, APPF can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APPF is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of APPF to the average of the S&P500 Index (37.36), we can say APPF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.07 | ||
| Fwd PE | 43.03 |
4.2 Price Multiples
62.41% of the companies in the same industry are more expensive than APPF, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, APPF is valued a bit cheaper than 60.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.31 | ||
| EV/EBITDA | 58.56 |
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.
A more expensive valuation may be justified as APPF's earnings are expected to grow with 18.13% in the coming years.
PEG (NY)2.99
PEG (5Y)0.97
EPS Next 2Y18.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for APPF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:APPF (7/24/2025, 9:47:54 AM)
263.618
+2.1 (+0.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners87.91%
Inst Owner Change-0.37%
Ins Owners3.32%
Ins Owner Change4.44%
Market Cap9.50B
Analysts75.38
Price Target223.05 (-15.39%)
Short Float %6.09%
Short Ratio5.1
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)0
Avg EPS beat(2)-3.68%
Min EPS beat(2)-4.25%
Max EPS beat(2)-3.12%
EPS beat(4)2
Avg EPS beat(4)7.45%
Min EPS beat(4)-4.25%
Max EPS beat(4)22.46%
EPS beat(8)6
Avg EPS beat(8)24.86%
EPS beat(12)10
Avg EPS beat(12)55.91%
EPS beat(16)10
Avg EPS beat(16)-123.6%
Revenue beat(2)0
Avg Revenue beat(2)-1.67%
Min Revenue beat(2)-3.17%
Max Revenue beat(2)-0.16%
Revenue beat(4)2
Avg Revenue beat(4)-0.12%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)1.54%
Revenue beat(8)6
Avg Revenue beat(8)1.16%
Revenue beat(12)9
Avg Revenue beat(12)1.36%
Revenue beat(16)12
Avg Revenue beat(16)1.08%
PT rev (1m)-6.36%
PT rev (3m)-18.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.07 | ||
| Fwd PE | 43.03 | ||
| P/S | 11.52 | ||
| P/FCF | 53.31 | ||
| P/OCF | 51.71 | ||
| P/B | 20.55 | ||
| P/tB | 31.08 | ||
| EV/EBITDA | 58.56 |
EPS(TTM)4.54
EY1.72%
EPS(NY)6.13
Fwd EY2.32%
FCF(TTM)4.94
FCFY1.88%
OCF(TTM)5.1
OCFY1.93%
SpS22.88
BVpS12.83
TBVpS8.48
PEG (NY)2.99
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 34.84% | ||
| ROE | 42.58% | ||
| ROCE | 26.74% | ||
| ROIC | 21.12% | ||
| ROICexc | 36.2% | ||
| ROICexgc | 77.05% | ||
| OM | 16.41% | ||
| PM (TTM) | 23.87% | ||
| GM | 63.99% | ||
| FCFM | 21.61% |
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 3Y351.99%
PM growth 5Y12.62%
GM growth 3Y2.47%
GM growth 5Y1.35%
F-Score6
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 28.46% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 118.74% | ||
| Profit Quality | 90.54% | ||
| Current Ratio | 4.64 | ||
| Quick Ratio | 4.64 | ||
| Altman-Z | 58.6 |
F-Score6
WACC11.02%
ROIC/WACC1.92
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)63.9%
EPS 3Y426.96%
EPS 5Y59.9%
EPS Q2Q%14.15%
EPS Next Y19.39%
EPS Next 2Y18.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)22.73%
Revenue growth 3Y30.25%
Revenue growth 5Y25.41%
Sales Q2Q%16.15%
Revenue Next Year17.71%
Revenue Next 2Y16.96%
Revenue Next 3Y8.43%
Revenue Next 5YN/A
EBIT growth 1Y105.59%
EBIT growth 3YN/A
EBIT growth 5Y77.49%
EBIT Next Year25.33%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1476.66%
FCF growth 3Y307.73%
FCF growth 5Y79.14%
OCF growth 1Y529.44%
OCF growth 3Y74.53%
OCF growth 5Y37.07%