APPF Stock Overview
AppFolio, Inc., together with its subsidiaries, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$120.49|
|52 Week High||US$186.59|
|52 Week Low||US$110.22|
|1 Month Change||-8.51%|
|3 Month Change||-1.30%|
|1 Year Change||-23.85%|
|3 Year Change||99.82%|
|5 Year Change||450.18%|
|Change since IPO||755.75%|
Recent News & Updates
If You Like EPS Growth Then Check Out AppFolio (NASDAQ:APPF) Before It's Too Late
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
AppFolio: Priced To Perfection, But Anything But
About one-year ago I started my coverage of AppFolio on Seeking Alpha by suggesting the stock was "ripe for a correction". Despite the fact that the stock has dropped close to 30% since then, financial reports issued since that time have done nothing to change my outlook. That's because the current forward P/E of 280x is terribly out-of-sync with the company's financial reports and prospects. Bottom line: APPF is still priced for perfection but is anything but perfect. The stock could easily drop 50% in my opinion.
Should You Investigate AppFolio, Inc. (NASDAQ:APPF) At US$124?
While AppFolio, Inc. ( NASDAQ:APPF ) might not be the most widely known stock at the moment, it saw significant share...
|APPF||US Software||US Market|
Return vs Industry: APPF underperformed the US Software industry which returned 36.8% over the past year.
Return vs Market: APPF underperformed the US Market which returned 23.3% over the past year.
|APPF Average Weekly Movement||4.4%|
|Software Industry Average Movement||7.5%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: APPF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: APPF's weekly volatility (4%) has been stable over the past year.
About the Company
AppFolio, Inc., together with its subsidiaries, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The company offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems; and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provide tools and services designed to streamline their real estate investment management businesses. It also provides Value+ services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as artificial intelligence leasing assistant, tenant screening, electronic payment, utility management, maintenance contact center, tenant debt collection, and mailing services.
AppFolio Fundamentals Summary
|APPF fundamental statistics|
Is APPF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APPF income statement (TTM)|
|Cost of Revenue||US$134.75m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.053|
|Net Profit Margin||0.55%|
How did APPF perform over the long term?See historical performance and comparison
Is AppFolio undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APPF ($120.49) is trading above our estimate of fair value ($33.84)
Significantly Below Fair Value: APPF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APPF is poor value based on its PE Ratio (2263.1x) compared to the US Software industry average (44.1x).
PE vs Market: APPF is poor value based on its PE Ratio (2263.1x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: APPF is poor value based on its PEG Ratio (20.6x)
Price to Book Ratio
PB vs Industry: APPF is overvalued based on its PB Ratio (14.3x) compared to the US Software industry average (6.4x).
How is AppFolio forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APPF's forecast earnings growth (110.1% per year) is above the savings rate (2%).
Earnings vs Market: APPF's earnings (110.1% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APPF's revenue (17.8% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: APPF's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if APPF's Return on Equity is forecast to be high in 3 years time
How has AppFolio performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APPF has a large one-off loss of $3.9M impacting its September 30 2021 financial results.
Growing Profit Margin: APPF's current net profit margins (0.5%) are lower than last year (53.6%).
Past Earnings Growth Analysis
Earnings Trend: APPF has become profitable over the past 5 years, growing earnings by 60.2% per year.
Accelerating Growth: APPF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APPF had negative earnings growth (-98.9%) over the past year, making it difficult to compare to the Software industry average (20.5%).
Return on Equity
High ROE: APPF's Return on Equity (0.6%) is considered low.
How is AppFolio's financial position?
Financial Position Analysis
Short Term Liabilities: APPF's short term assets ($197.4M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: APPF's short term assets ($197.4M) exceed its long term liabilities ($66.5M).
Debt to Equity History and Analysis
Debt Level: APPF is debt free.
Reducing Debt: APPF had no debt 5 years ago.
Debt Coverage: APPF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APPF has no debt, therefore coverage of interest payments is not a concern.
What is AppFolio current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APPF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APPF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if APPF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APPF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APPF's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Randall (48 yo)
Mr. Jason Robert Randall has been the Chief Executive Officer, President and Director of AppFolio, Inc. since August 8, 2017. Mr. Randall served as Senior Vice President and AppFolio Property Manager of Ap...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD742.23K) is below average for companies of similar size in the US market ($USD5.21M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
Experienced Management: APPF's management team is considered experienced (3 years average tenure).
Experienced Board: APPF'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: APPF insiders have bought and sold the same number of shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AppFolio, Inc.'s employee growth, exchange listings and data sources
- Name: AppFolio, Inc.
- Ticker: APPF
- Exchange: NasdaqGM
- Founded: 2006
- Industry: Application Software
- Sector: Software
- Market Cap: US$4.177b
- Shares outstanding: 34.67m
- Website: https://www.appfolioinc.com
Number of Employees
- AppFolio, Inc.
- 50 Castilian Drive
- Santa Barbara
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 00:07|
|End of Day Share Price||2021/11/30 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.