Appian Corporation provides low-code automation platform in the United States and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$101.46|
|52 Week High||US$54.53|
|52 Week Low||US$260.00|
|1 Month Change||6.25%|
|3 Month Change||-22.75%|
|1 Year Change||75.60%|
|3 Year Change||184.76%|
|5 Year Change||n/a|
|Change since IPO||575.95%|
Recent News & Updates
Appian: Not Much Incentive To Stay Invested
Shares of Appian have continued a sharp ~30% year-to-date decline, and the company's recent Q2 earnings print hardly inspired any further confidence. Investors have soured on Appian due to decelerating growth rates and ballooning losses. Adjusted EBITDA has been sliding in spite of Appian's overall margin gains, driven by a more favorable revenue mix toward cloud subscriptions. Even after the recent declines, shares of Appian remain expensive at ~16x next year's revenue.
We're Interested To See How Appian (NASDAQ:APPN) Uses Its Cash Hoard To Grow
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Appian: Shifting To Subscriptions Are Signs Of Success
Appian reported Q2 2021 earnings on August 5th, 2020. On August 6, Appian stock fell nearly 8%, mainly from guidance that was not what Wall Street was looking for. While guidance for profitability was relatively weak, Appian is showing a shift to cloud revenue and subscription revenue, which is strengthening their business. Because of this shift, investors should continue to hold Appian.
|APPN||US Software||US Market|
Return vs Industry: APPN exceeded the US Software industry which returned 42.7% over the past year.
Return vs Market: APPN exceeded the US Market which returned 33.7% over the past year.
Stable Share Price: APPN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: APPN's weekly volatility has decreased from 13% to 8% over the past year.
About the Company
Appian Corporation provides low-code automation platform in the United States and internationally. The company’s platform automates the creation of forms, workflows, data structures, reports, and other software elements that are needed to be manually coded. The company also offers professional and customer support services.
Is Appian undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: APPN ($101.46) is trading above our estimate of fair value ($63.73)
Significantly Below Fair Value: APPN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APPN is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: APPN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APPN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APPN is overvalued based on its PB Ratio (26.1x) compared to the US Software industry average (7.7x).
How is Appian forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APPN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: APPN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: APPN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: APPN's revenue (18.4% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: APPN's revenue (18.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APPN is forecast to be unprofitable in 3 years.
How has Appian performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APPN is currently unprofitable.
Growing Profit Margin: APPN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: APPN is unprofitable, and losses have increased over the past 5 years at a rate of 13.4% per year.
Accelerating Growth: Unable to compare APPN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APPN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).
Return on Equity
High ROE: APPN has a negative Return on Equity (-17.15%), as it is currently unprofitable.
How is Appian's financial position?
Financial Position Analysis
Short Term Liabilities: APPN's short term assets ($373.1M) exceed its short term liabilities ($159.7M).
Long Term Liabilities: APPN's short term assets ($373.1M) exceed its long term liabilities ($57.9M).
Debt to Equity History and Analysis
Debt Level: APPN is debt free.
Reducing Debt: APPN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: APPN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if APPN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Appian current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APPN'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 APPN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APPN'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 APPN'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
Matt Calkins (48 yo)
Mr. Matthew W. Calkins, also known as Matt, has been the Chief Executive Officer and President of Appian Corporation since August 1999. Mr. Calkins co-founded Appian Corporation in August 1999 and has been...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD808.96K) is below average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Experienced Management: APPN's management team is seasoned and experienced (6 years average tenure).
Experienced Board: APPN's board of directors are seasoned and experienced ( 13.7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Appian Corporation's employee growth, exchange listings and data sources
- Name: Appian Corporation
- Ticker: APPN
- Exchange: NasdaqGM
- Founded: 1999
- Industry: Systems Software
- Sector: Software
- Market Cap: US$7.212b
- Shares outstanding: 71.08m
- Website: https://www.appian.com
Number of Employees
- Appian Corporation
- 7950 Jones Branch Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:53|
|End of Day Share Price||2021/09/16 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.