APPFOLIO INC - A (APPF) Fundamental Analysis & Valuation

NASDAQ:APPF • US03783C1009

Current stock price

157.11 USD
+2.97 (+1.93%)
At close:
157.11 USD
0 (0%)
After Hours:

This APPF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

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.
  • APPF had positive earnings in 4 of the past 5 years.
  • APPF had a positive operating cash flow in each of the past 5 years.
APPF Yearly Net Income VS EBIT VS OCF VS FCFAPPF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • APPF's Return On Assets of 20.45% is amongst the best of the industry. APPF outperforms 96.73% of its industry peers.
  • The Return On Equity of APPF (25.97%) is better than 90.91% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 22.98%, APPF belongs to the top of the industry, outperforming 95.27% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for APPF is above the industry average of 10.93%.
  • The 3 year average ROIC (15.13%) for APPF is below the current ROIC(22.98%), indicating increased profibility in the last year.
Industry RankSector 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
APPF Yearly ROA, ROE, ROICAPPF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1.3 Margins

  • With an excellent Profit Margin value of 14.82%, APPF belongs to the best of the industry, outperforming 81.45% of the companies in the same industry.
  • In the last couple of years the Profit Margin of APPF has declined.
  • APPF has a better Operating Margin (16.08%) than 83.27% of its industry peers.
  • APPF's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 63.68%, APPF is in line with its industry, outperforming 41.45% of the companies in the same industry.
  • APPF's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
APPF Yearly Profit, Operating, Gross MarginsAPPF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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9

2. APPF Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), APPF is creating value.
  • APPF has less 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.
APPF Yearly Shares OutstandingAPPF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
APPF Yearly Total Debt VS Total AssetsAPPF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 26.59 indicates that APPF is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of APPF (26.59) is better than 97.09% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 26.59
ROIC/WACC2.08
WACC11.03%
APPF Yearly LT Debt VS Equity VS FCFAPPF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M 500M

2.3 Liquidity

  • APPF has a Current Ratio of 3.31. This indicates that APPF is financially healthy and has no problem in meeting its short term obligations.
  • APPF's Current ratio of 3.31 is fine compared to the rest of the industry. APPF outperforms 76.36% of its industry peers.
  • A Quick Ratio of 3.31 indicates that APPF has no problem at all paying its short term obligations.
  • APPF has a better Quick ratio (3.31) than 76.36% of its industry peers.
Industry RankSector Rank
Current Ratio 3.31
Quick Ratio 3.31
APPF Yearly Current Assets VS Current LiabilitesAPPF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. APPF Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 20.50% over the past year.
  • Measured over the past 5 years, APPF shows a small growth in Earnings Per Share. The EPS has been growing by 3.52% on average per year.
  • The Revenue has grown by 19.72% in the past year. This is quite good.
  • Measured over the past years, APPF shows a very strong growth in Revenue. The Revenue has been growing by 25.12% on average per year.
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

  • Based on estimates for the next years, APPF will show a very strong growth in Earnings Per Share. The EPS will grow by 21.75% on average per year.
  • 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.
  • 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.
APPF Yearly Revenue VS EstimatesAPPF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
APPF Yearly EPS VS EstimatesAPPF Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 4 6 8

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5

4. APPF Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 29.70, which means the current valuation is very expensive for APPF.
  • The rest of the industry has a similar Price/Earnings ratio as APPF.
  • When comparing the Price/Earnings ratio of APPF to the average of the S&P500 Index (25.60), we can say APPF is valued inline with the index average.
  • APPF is valuated rather expensively with a Price/Forward Earnings ratio of 23.49.
  • APPF's Price/Forward Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.84, APPF is valued at the same level.
Industry RankSector Rank
PE 29.7
Fwd PE 23.49
APPF Price Earnings VS Forward Price EarningsAPPF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, APPF is valued a bit cheaper than the industry average as 65.82% of the companies are valued more expensively.
  • APPF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APPF is cheaper than 66.55% of the companies in the same industry.
Industry RankSector Rank
P/FCF 24.01
EV/EBITDA 29.95
APPF Per share dataAPPF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • APPF's 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)1.12
PEG (5Y)8.44
EPS Next 2Y23.86%
EPS Next 3Y21.75%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. APPF Dividend Analysis

5.1 Amount

  • APPF does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

APPF Fundamentals: All Metrics, Ratios and Statistics

APPFOLIO INC - A

NASDAQ:APPF (4/2/2026, 8:08:13 PM)

After market: 157.11 0 (0%)

157.11

+2.97 (+1.93%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-29
Earnings (Next)04-23
Inst Owners86.92%
Inst Owner Change3.52%
Ins Owners2.42%
Ins Owner Change2.2%
Market Cap5.65B
Revenue(TTM)950.82M
Net Income(TTM)140.92M
Analysts82.86
Price Target271.88 (73.05%)
Short Float %8.99%
Short Ratio4.74
Dividend
Industry RankSector 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)0%
PT rev (3m)-13.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.66%
EPS NY rev (1m)0.5%
EPS NY rev (3m)2.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.87%
Valuation
Industry RankSector Rank
PE 29.7
Fwd PE 23.49
P/S 5.95
P/FCF 24.01
P/OCF 23.36
P/B 10.42
P/tB 14.28
EV/EBITDA 29.95
EPS(TTM)5.29
EY3.37%
EPS(NY)6.69
Fwd EY4.26%
FCF(TTM)6.54
FCFY4.17%
OCF(TTM)6.73
OCFY4.28%
SpS26.42
BVpS15.08
TBVpS11
PEG (NY)1.12
PEG (5Y)8.44
Graham Number42.36
Profitability
Industry RankSector 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 RankSector 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 26.59
F-Score6
WACC11.03%
ROIC/WACC2.08
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 Fundamental Analysis 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 5 / 10 to APPFOLIO INC - A (APPF). This can be considered as Fairly Valued.


Can you provide the profitability details for APPFOLIO INC - A?

APPFOLIO INC - A (APPF) has a profitability rating of 8 / 10.


What is the earnings growth outlook for APPFOLIO INC - A?

The Earnings per Share (EPS) of APPFOLIO INC - A (APPF) is expected to grow by 26.45% in the next year.