Appen Limited, together with its subsidiaries, provides data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, and government agencies in Australia, the United States, and internationally.
APX passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$10.86|
|52 Week High||AU$8.36|
|52 Week Low||AU$36.50|
|1 Month Change||14.56%|
|3 Month Change||-15.02%|
|1 Year Change||-68.97%|
|3 Year Change||4.93%|
|5 Year Change||260.80%|
|Change since IPO||1,968.57%|
Recent News & Updates
We Think You Can Look Beyond Appen's (ASX:APX) Lackluster Earnings
Soft earnings didn't appear to concern Appen Limited's ( ASX:APX ) shareholders over the last week. We think that the...
|APX||AU IT||AU Market|
Return vs Industry: APX underperformed the Australian IT industry which returned 8.6% over the past year.
Return vs Market: APX underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: APX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: APX's weekly volatility (9%) has been stable over the past year.
About the Company
|1996||850||Mark Ronald Brayan||https://www.appen.com|
Appen Limited, together with its subsidiaries, provides data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, and government agencies in Australia, the United States, and internationally. It operates through two segments, Relevance and Speech and Image. The Relevance segment offers annotated training data, which is used as an input to enhance the performance of search engines, social media, and e-commerce applications.
Appen Fundamentals Summary
|APX fundamental statistics|
Is APX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APX income statement (TTM)|
|Cost of Revenue||US$345.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.24|
|Net Profit Margin||6.65%|
How did APX perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Appen undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APX (A$10.86) is trading below our estimate of fair value (A$16.86)
Significantly Below Fair Value: APX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APX is good value based on its PE Ratio (33.8x) compared to the Australian IT industry average (43.3x).
PE vs Market: APX is poor value based on its PE Ratio (33.8x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: APX is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: APX is good value based on its PB Ratio (2.7x) compared to the AU IT industry average (3.2x).
How is Appen forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APX's forecast earnings growth (20.6% per year) is above the savings rate (1.9%).
Earnings vs Market: APX's earnings (20.6% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APX's revenue (9.5% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: APX's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APX's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Appen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APX has high quality earnings.
Growing Profit Margin: APX's current net profit margins (6.7%) are lower than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: APX's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: APX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APX had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the IT industry average (-11.2%).
Return on Equity
High ROE: APX's Return on Equity (8%) is considered low.
How is Appen's financial position?
Financial Position Analysis
Short Term Liabilities: APX's short term assets ($151.3M) exceed its short term liabilities ($52.9M).
Long Term Liabilities: APX's short term assets ($151.3M) exceed its long term liabilities ($23.0M).
Debt to Equity History and Analysis
Debt Level: APX is debt free.
Reducing Debt: APX has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: APX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APX has no debt, therefore coverage of interest payments is not a concern.
What is Appen current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APX's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: APX's dividend (0.88%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: APX is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: APX is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: APX is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Ronald Brayan (57 yo)
Mr. Mark Ronald Gerard Brayan, MBA, BSurv (Hons), has been the Chief Executive Officer and Managing Director of Appen Limited since July 13, 2015. Mr. Brayan served as the Chief Executive Officer and Mana...
CEO Compensation Analysis
Compensation vs Market: Mark Ronald's total compensation ($USD2.40M) is above average for companies of similar size in the Australian market ($USD973.44K).
Compensation vs Earnings: Mark Ronald's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: APX's management team is considered experienced (3.3 years average tenure).
Experienced Board: APX's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Appen Limited's employee growth, exchange listings and data sources
- Name: Appen Limited
- Ticker: APX
- Exchange: ASX
- Founded: 1996
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: AU$1.312b
- Shares outstanding: 123.07m
- Website: https://www.appen.com
Number of Employees
- Appen Limited
- 9 Help Street
- Level 6
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:02|
|End of Day Share Price||2021/10/22 00:00|
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 here.