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Appen LimitedASX:APX Stock Report

Market Cap AU$225.2m
Share Price
AU$0.85
My Fair Value
AU$1.48
42.6% undervalued intrinsic discount
1Y-35.6%
7D-5.0%
Portfolio Value
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Appen Limited

ASX:APX Stock Report

Market Cap: AU$225.2m

Appen (APX) Stock Overview

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. More details

APX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 77.2% below our estimate of its fair value

Earnings are forecast to grow 74.47% per year

Trading at good value compared to peers and industry

Risk Analysis

Shareholders have been diluted in the past year


APX Community Fair Values

Create Narrative

See what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Appen

LLM And Generative AI Projects Will Secure A Bright Future

Key Takeaways Strong growth in generative AI projects and strategic positioning in key markets imply significant revenue expansion and diversified income sources. Operational efficiencies and cost reductions improve profitability and net margins, aligning with strategic expansion efforts in China and the U.S. Dependency on large contracts and short-term projects alongside low-margin growth in China and variable AI market dynamics pose risks to stable revenue and margins.
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AU$1.48
FV
42.6% undervalued intrinsic discount
8.18%
Revenue growth p.a.
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7 days ago author updated this narrative
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Appen

Rising AI Adoption And Ethical Demand Will Expand Global Markets

Key Takeaways Rapid AI adoption, proprietary platforms, and strong regulatory positioning are driving enhanced revenue predictability, premium pricing, and scalable margin expansion for Appen. Appen's leadership in human-in-the-loop data and global crowd expertise creates sustained, outsized growth opportunities amid surging generative AI demand and specialized data needs.
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AU$2.00
FV
57.5% undervalued intrinsic discount
15.29%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
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Appen Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Appen
Historical stock prices
Current Share PriceAU$0.85
52 Week HighAU$3.11
52 Week LowAU$0.77
Beta0.91
1 Month Change-25.76%
3 Month Change-25.76%
1 Year Change-35.61%
3 Year Change-79.37%
5 Year Change-97.80%
Change since IPO61.90%

Recent News & Updates

Appen Limited (ASX:APX) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough

Aug 20
Appen Limited (ASX:APX) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough

Companies Like Appen (ASX:APX) Can Afford To Invest In Growth

Jun 11
Companies Like Appen (ASX:APX) Can Afford To Invest In Growth

Recent updates

Appen Limited (ASX:APX) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough

Aug 20
Appen Limited (ASX:APX) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough

Companies Like Appen (ASX:APX) Can Afford To Invest In Growth

Jun 11
Companies Like Appen (ASX:APX) Can Afford To Invest In Growth

Appen Limited (ASX:APX) Shares Fly 34% But Investors Aren't Buying For Growth

May 14
Appen Limited (ASX:APX) Shares Fly 34% But Investors Aren't Buying For Growth
User avatar

LLM And Generative AI Projects Will Secure A Bright Future

Strong growth in generative AI projects and strategic positioning in key markets imply significant revenue expansion and diversified income sources.

Appen Limited (ASX:APX) Looks Inexpensive After Falling 61% But Perhaps Not Attractive Enough

Mar 21
Appen Limited (ASX:APX) Looks Inexpensive After Falling 61% But Perhaps Not Attractive Enough

Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Jan 04
Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Appen Limited (ASX:APX) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected

Oct 15
Appen Limited (ASX:APX) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected

Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Aug 31
Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Appen (ASX:APX) Will Have To Spend Its Cash Wisely

Jul 30
Appen (ASX:APX) Will Have To Spend Its Cash Wisely

Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking

Jun 04
Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking

We're A Little Worried About Appen's (ASX:APX) Cash Burn Rate

Apr 04
We're A Little Worried About Appen's (ASX:APX) Cash Burn Rate

There's No Escaping Appen Limited's (ASX:APX) Muted Revenues Despite A 66% Share Price Rise

Feb 29
There's No Escaping Appen Limited's (ASX:APX) Muted Revenues Despite A 66% Share Price Rise

The Market Doesn't Like What It Sees From Appen Limited's (ASX:APX) Revenues Yet As Shares Tumble 27%

Jan 15
The Market Doesn't Like What It Sees From Appen Limited's (ASX:APX) Revenues Yet As Shares Tumble 27%

When Should You Buy Appen Limited (ASX:APX)?

Aug 24
When Should You Buy Appen Limited (ASX:APX)?

Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term

May 15
Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term

Why Appen Limited (ASX:APX) Could Be Worth Watching

May 10
Why Appen Limited (ASX:APX) Could Be Worth Watching

Are Investors Undervaluing Appen Limited (ASX:APX) By 21%?

Apr 13
Are Investors Undervaluing Appen Limited (ASX:APX) By 21%?

Should You Investigate Appen Limited (ASX:APX) At AU$2.61?

Dec 09
Should You Investigate Appen Limited (ASX:APX) At AU$2.61?

AU$4.47: That's What Analysts Think Appen Limited (ASX:APX) Is Worth After Its Latest Results

Aug 26
AU$4.47: That's What Analysts Think Appen Limited (ASX:APX) Is Worth After Its Latest Results

Shareholder Returns

APXAU ITAU Market
7D-5.0%-2.2%0.9%
1Y-35.6%-13.1%10.9%

Return vs Industry: APX underperformed the Australian IT industry which returned -13.1% over the past year.

Return vs Market: APX underperformed the Australian Market which returned 10.9% over the past year.

Price Volatility

Is APX's price volatile compared to industry and market?
APX volatility
APX Average Weekly Movement9.2%
IT Industry Average Movement9.2%
Market Average Movement8.8%
10% most volatile stocks in AU Market19.0%
10% least volatile stocks in AU Market3.0%

Stable Share Price: APX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: APX's weekly volatility has decreased from 14% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,151Ryan Kollnwww.appen.com

Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company offers various platforms, including CrowdGen Crowd Platform, AI Data Annotation Platform, AI Data Solutions; and China Platform & Services.

Appen Limited Fundamentals Summary

How do Appen's earnings and revenue compare to its market cap?
APX fundamental statistics
Market capAU$225.17m
Earnings (TTM)-AU$31.16m
Revenue (TTM)AU$366.36m
0.6x
P/S Ratio
-7.2x
P/E Ratio

Is APX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APX income statement (TTM)
RevenueUS$235.22m
Cost of RevenueUS$197.36m
Gross ProfitUS$37.86m
Other ExpensesUS$57.87m
Earnings-US$20.01m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 28, 2025

Earnings per share (EPS)-0.076
Gross Margin16.10%
Net Profit Margin-8.51%
Debt/Equity Ratio0%

How did APX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/21 15:59
End of Day Share Price 2025/08/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Appen Limited is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Josh KannourakisBarrenjoey Markets Pty Limited
Ware KuoBofA Global Research
Conor O’PreyCanaccord Genuity