APPF Stock Analysis: Appfolio | NASDAQ
Software - Application | NASDAQ, USA | Market Cap: 7.561m USD | 12M Return: -9.1% | US03783C1009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 83.5M
EPS Trend: 86.6%
Qual. Beats: 1
Rev. Trend: 99.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
AppFolio, Inc. (NASDAQ: APPF) is a cloud-based software provider serving the U.S. real estate industry. The company offers a platform with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication tools designed for property managers, property investors, residents, and vendors. Its tiered product suite includes AppFolio Property Manager Core, Plus, and Max, which scale in functionality from basic accounting for small property managers to advanced features such as affordable and student housing support, analytics, CRM tools, and full read/write API access. AppFolio also generates revenue through value-added services like electronic payments, tenant screening, maintenance coordination, and risk mitigation.
Founded in 2006 and headquartered in Santa Barbara, California, AppFolio operates in the Application Software sub-industry, a segment driven by recurring subscription revenue and the broader shift of business operations to SaaS delivery models.
- Property manager customer additions accelerate units under management growth
- Affordable housing demand drives Property Manager Plus revenue expansion
- Competition from Yardi and Buildium pressures market share and pricing
| Net Income: 169.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.39 > 0.02 and ΔFCF/TA 6.38 > 1.0 |
| NWC/Revenue: 28.10% < 20% (prev 22.33%; Δ 5.77% < -1%) |
| CFO/TA 0.40 > 3% & CFO 283.7m > Net Income 169.9m |
| Net Debt (-253.1m) to EBITDA (230.9m): -1.10 < 3 |
| Current Ratio: 4.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.6m) vs 12m ago -1.88% < -2% |
| Gross Margin: 63.32% > 18% (prev 62.89%; Δ 0.43% > 0.5%) |
| Asset Turnover: 160.3% > 50% (prev 141.5%; Δ 18.84% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.43 (Total Current Assets 407.4m - Total Current Liabilities 101.9m) / Total Assets 715.7m |
| B: 0.78 (Retained Earnings 560.9m / Total Assets 715.7m) |
| C: 0.31 (EBIT TTM 209.0m / Avg Total Assets 678.1m) |
| D: 4.37 (Book Value of Equity 582.5m / Total Liabilities 133.2m) |
| Altman-Z'' = 12.02 = AAA |
| DSRI: 1.28 (Receivables 52.5m/34.3m, Revenue 1.09b/906.3m) |
| GMI: 0.99 (GM 62.89% / 63.32%) |
| AQI: 0.82 (AQ_t 0.38 / AQ_t-1 0.47) |
| SGI: 1.20 (Revenue 1.09b / 906.3m) |
| TATA: -0.16 (NI 169.9m - CFO 283.7m) / TA 715.7m) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of November 05, 2026, the stock is trading at USD 236.85 with a total of 597,335 shares traded. Over the past week, the price has changed by +15.54%, over one month by +15.96%, over three months by +18.70% and over the past year by -9.12%.
Current recommended Stop Loss: 221.60 (which is 6.4% or 1.5 ATR below the current price).
Appfolio has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy APPF.
- StrongBuy: 5
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 245.9 | 3.8% |
P/E Trailing = 44.8947
P/E Forward = 128.2051
P/S = 6.9544
P/B = 12.5952
P/EG = 7.4481
Revenue TTM = 1.09b USD
EBIT TTM = 209.0m USD
EBITDA TTM = 230.9m USD
Long Term Debt = unknown (none)
Short Term Debt = 4.87m USD (from shortTermDebt, last fiscal year)
Debt = 54.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 29.3m
Net Debt = -253.1m USD (calculated: Debt 54.2m - CCE 307.3m)
Enterprise Value = 7.31b USD (7.56b + Debt 54.2m - CCE 307.3m)
Interest Coverage Ratio = unknown (Ebit TTM 209.0m / Interest Expense TTM 0.0)
EV/FCF = 26.00x (Enterprise Value 7.31b / FCF TTM 281.1m)
FCF Yield = 3.85% (FCF TTM 281.1m / Enterprise Value 7.31b)
FCF Margin = 25.86% (FCF TTM 281.1m / Revenue TTM 1.09b)
Net Margin = 15.62% (Net Income TTM 169.9m / Revenue TTM 1.09b)
Gross Margin = 63.32% ((Revenue TTM 1.09b - Cost of Revenue TTM 398.8m) / Revenue TTM)
Gross Margin QoQ = 64.29% (prev 63.51%)
Tobins Q-Ratio = 10.21 (Enterprise Value 7.31b / Total Assets 715.7m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 54.2m)
Taxrate = 20.16% (42.9m / 212.7m)
NOPAT = 166.8m (EBIT 209.0m * (1 - 20.16%))
Current Ratio = 4.00 (Total Current Assets 407.4m / Total Current Liabilities 101.9m)
Debt / Equity = 0.09 (Debt 54.2m / totalStockholderEquity, last quarter 582.5m)
Debt / EBITDA = -1.10 (Net Debt -253.1m / EBITDA 230.9m)
Debt / FCF = -0.90 (Net Debt -253.1m / FCF TTM 281.1m)
Total Stockholder Equity = 530.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 25.05% (Net Income 169.9m / Total Assets 715.7m)
RoE = 32.03% (Net Income TTM 169.9m / Total Stockholder Equity 530.4m)
RoCE = 34.04% (EBIT 209.0m / Capital Employed (Total Assets 715.7m - Current Liab 101.9m))
RoIC = 29.57% (NOPAT 166.8m / Invested Capital 564.3m)
WACC = 6.17% (E(7.56b)/V(7.62b) * Re(6.21%) + D(54.2m)/V(7.62b) * Rd(0.0%) * (1-Tc(0.20)))
Discount Rate = 6.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.05 | Cagr: -1.42%
[DCF] Terminal Value 77.97% ; FCFF base≈253.0m ; Y1≈290.0m ; Y5≈426.8m
[DCF] Fair Price = 276.7 (EV 6.42b - Net Debt -253.1m = Equity 6.68b / Shares 24.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 86.58 | EPS CAGR: 41.15% | SUE: 3.80 | # QB: 1
Revenue Correlation: 99.61 | Revenue CAGR: 21.47% | SUE: 0.45 | # QB: 0
EPS current Quarter (2027-03-31): EPS=1.96 | Chg30d=-2.23% | Revisions=+12% | Analysts=5
EPS current Year (2026-12-31): EPS=6.85 | Chg30d=-0.75% | Revisions=+50% | GrowthEPS=+29.4% | GrowthRev=+18.4%
EPS next Year (2027-12-31): EPS=8.32 | Chg30d=-1.37% | Revisions=-25% | GrowthEPS=+21.5% | GrowthRev=+17.1%
[Analyst] Revisions Ratio: +31% (up=9, down=4)