AppFolio, Inc. provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate and legal markets.
Solid track record with adequate balance sheet.
Share Price & News
How has AppFolio's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APPF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: APPF exceeded the US Software industry which returned 35.2% over the past year.
Return vs Market: APPF exceeded the US Market which returned 4.8% over the past year.
Price Volatility Vs. Market
How volatile is AppFolio's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And AppFolio (NASDAQ:APPF) Passed With Ease
2 months ago | Simply Wall StDoes AppFolio, Inc. (NASDAQ:APPF) Have A High Beta?
3 months ago | Simply Wall StHere's Why We Don't Think AppFolio's (NASDAQ:APPF) Statutory Earnings Reflect Its Underlying Earnings Potential
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 ($163.56) is trading above our estimate of fair value ($6.11)
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 (161.4x) compared to the Software industry average (53.6x).
PE vs Market: APPF is poor value based on its PE Ratio (161.4x) compared to the US market (16.5x).
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 (44.8x) compared to the US Software industry average (6.5x).
How is AppFolio forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APPF's forecast earnings growth (7.8% per year) is above the savings rate (2.2%).
Earnings vs Market: APPF's earnings (7.8% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: APPF's earnings are forecast to grow, but not significantly.
Revenue vs Market: APPF's revenue (20.6% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: APPF's revenue (20.6% per year) is forecast to grow faster 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 high level of non-cash earnings.
Growing Profit Margin: APPF's current net profit margins (12.7%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: APPF has become profitable over the past 5 years, growing earnings by 69.9% per year.
Accelerating Growth: APPF's earnings growth over the past year (76.7%) exceeds its 5-year average (69.9% per year).
Earnings vs Industry: APPF earnings growth over the past year (76.7%) exceeded the Software industry 7.9%.
Return on Equity
High ROE: APPF's Return on Equity (27.7%) is considered high.
How is AppFolio's financial position?
Financial Position Analysis
Short Term Liabilities: APPF's short term assets ($92.7M) exceed its short term liabilities ($38.6M).
Long Term Liabilities: APPF's short term assets ($92.7M) do not cover its long term liabilities ($129.9M).
Debt to Equity History and Analysis
Debt Level: APPF's debt to equity ratio (77.9%) is considered high.
Reducing Debt: APPF's debt to equity ratio has reduced from 98.8% to 77.9% over the past 5 years.
Debt Coverage: APPF's debt is well covered by operating cash flow (42.8%).
Interest Coverage: APPF's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is AppFolio current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APPF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APPF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if APPF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APPF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APPF's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Randall (47yo)
Mr. Jason Robert Randall has been the Chief Executive Officer, President and Director of AppFolio, Inc. since August 8, 2017. Mr. Randall served as Senior Vice President and AppFolio Property Manager of Ap ...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD662.85K) is below average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
|Founder & Director||13.5yrs||US$229.79k||13.62% $762.9m|
|Founder & CTO||14.5yrs||US$793.95k||4.26% $238.5m|
|Chief Financial Officer||5.42yrs||US$634.24k||0.079% $4.4m|
|General Counsel & Chief Compliance Officer||0.50yr||no data||no data|
|Chief Marketing Officer||3.25yrs||no data||no data|
|Chief People Officer||4.83yrs||no data||no data|
|Senior Vice President of MyCase||no data||no data||no data|
|Senior Vice President of Real Estate Investment Management||0.50yr||no data||no data|
Experienced Management: APPF's management team is considered experienced (4 years average tenure).
|Founder & Director||13.5yrs||US$229.79k||13.62% $762.9m|
|Independent Chairman of the Board||no data||US$142.50k||0.0029% $163.0k|
|Independent Director||5.08yrs||no data||0.90% $50.5m|
|Independent Director||0.58yr||US$252.92k||0.0064% $360.2k|
|Independent Director||5.08yrs||US$152.50k||0.052% $2.9m|
|Independent Director||12.5yrs||no data||3.83% $214.5m|
Experienced Board: APPF's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AppFolio, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AppFolio, Inc.
- Ticker: APPF
- Exchange: NasdaqGM
- Founded: 2006
- Industry: Application Software
- Sector: Software
- Market Cap: US$5.602b
- Shares outstanding: 34.25m
- Website: https://www.appfolioinc.com
Number of Employees
- AppFolio, Inc.
- 50 Castilian Drive
- Santa Barbara
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|APPF||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Jun 2015|
|4P0||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Jun 2015|
AppFolio, Inc. provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate and legal markets. The company offers AppFolio Property Manager, a cloud-based software solution for the real estate market that provides property managers of various sizes and tools and services designed to streamline their property management businesses; and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes tools and services designed to streamline their real estate investment management businesses. It also provides MyCase, a legal practice and case management solution that provides managing calendars, contacts and documents, time tracking, billing and collections, and communicating with clients and sharing sensitive and privileged materials. In addition, the company offers Value+ services, such as Website design, electronic payment, tenant screening, insurance, contact center, premium leads, tenant debt collections, and utility management services. AppFolio, Inc. was founded in 2006 and is headquartered in Santa Barbara, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 23:53|
|End of Day Share Price||2020/07/02 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.