(APPF) Appfolio - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03783C1009

Property, Investment, AI, Payment, Screening

APPF EPS (Earnings per Share)

EPS (Earnings per Share) of APPF over the last years for every Quarter: "2020-09": 3.86, "2020-12": -0.01, "2021-03": 0.01, "2021-06": 0.06, "2021-09": -0.0041, "2021-12": -0.04, "2022-03": -0.12, "2022-06": 0.03, "2022-09": 0.11, "2022-12": -0.05, "2023-03": -0.01, "2023-06": 0.23, "2023-09": 0.6, "2023-12": 0.88, "2024-03": 1.06, "2024-06": 1.12, "2024-09": 1.29, "2024-12": 0.92, "2025-03": 1.21, "2025-06": 1.39, "2025-09": 0,

APPF Revenue

Revenue of APPF over the last years for every Quarter: 2020-09: 84.086, 2020-12: 72.432, 2021-03: 78.921, 2021-06: 89.04, 2021-09: 95.809, 2021-12: 95.6, 2022-03: 105.296, 2022-06: 117.45, 2022-09: 125.079, 2022-12: 124.058, 2023-03: 136.1, 2023-06: 147.075, 2023-09: 165.44, 2023-12: 171.83, 2024-03: 187.43, 2024-06: 197.375, 2024-09: 205.733, 2024-12: 203.664, 2025-03: 217.702, 2025-06: 235.575, 2025-09: null,

Description: APPF Appfolio July 25, 2025

AppFolio, Inc. operates as a cloud-based platform provider for the US real estate industry, offering a suite of tools to manage leasing, maintenance, accounting, and other critical tasks. The companys platform incorporates generative AI to automate workflows and enhance customer support.

The companys product offerings include AppFolio Property Manager Core, Plus, and Max, which provide a range of functionalities, from basic property management to advanced data analysis, customer relationship management, and customization capabilities. Additionally, AppFolio Investment Manager offers investment management, asset management, and relationship management solutions.

To further enhance its offerings, AppFolio provides value-added services, such as electronic payment, tenant screening, and risk mitigation services, designed to streamline business-critical processes and workflows for property management businesses. With a strong presence in the US real estate industry, AppFolio has demonstrated significant growth and profitability, as reflected in its Return on Equity (RoE) of 44.58%.

From a performance perspective, APPFs stock has shown a strong upward trend, with a Market Capitalization of $9.041 billion. Key Performance Indicators (KPIs) such as Revenue Growth Rate, Customer Acquisition Cost, and Customer Retention Rate are crucial in evaluating the companys success. Assuming a steady revenue growth rate, the companys high P/E ratio of 46.73 may be justified by its strong growth prospects and dominant position in the cloud-based property management software market.

To further analyze APPFs investment potential, it is essential to examine its financial statements, focusing on metrics such as Revenue Per User (RPU), Gross Margin, and Operating Cash Flow. A comprehensive analysis of these KPIs will help determine whether APPFs stock is overvalued or undervalued, providing a more informed investment decision.

APPF Stock Overview

Market Cap in USD 8,557m
Sub-Industry Application Software
IPO / Inception 2015-06-26

APPF Stock Ratings

Growth Rating 70.3%
Fundamental 87.8%
Dividend Rating -
Return 12m vs S&P 500 0.82%
Analyst Rating 3.88 of 5

APPF Dividends

Currently no dividends paid

APPF Growth Ratios

Growth Correlation 3m -64.5%
Growth Correlation 12m 29.4%
Growth Correlation 5y 73.3%
CAGR 5y 30.91%
CAGR/Max DD 3y (Calmar Ratio) 1.01
CAGR/Mean DD 3y (Pain Ratio) 3.08
Sharpe Ratio 12m 0.10
Alpha 1.34
Beta 0.832
Volatility 38.39%
Current Volume 899.6k
Average Volume 20d 310.3k
Stop Loss 246.3 (-3.2%)
Signal 1.41

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (203.1m TTM) > 0 and > 6% of Revenue (6% = 51.8m TTM)
FCFTA 0.32 (>2.0%) and ΔFCFTA 0.73pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 15.02% (prev 39.53%; Δ -24.51pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.33 (>3.0%) and CFO 185.4m <= Net Income 203.1m (YES >=105%, WARN >=100%)
Net Debt (-33.8m) to EBITDA (166.9m) ratio: -0.20 <= 3.0 (WARN <= 3.5)
Current Ratio 2.92 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (36.2m) change vs 12m ago -1.46% (target <= -2.0% for YES)
Gross Margin 63.31% (prev 62.86%; Δ 0.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 164.8% (prev 150.6%; Δ 14.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -16.99 (EBITDA TTM 166.9m / Interest Expense TTM -8.48m) >= 6 (WARN >= 3)

Altman Z'' 8.76

(A) 0.23 = (Total Current Assets 197.1m - Total Current Liabilities 67.6m) / Total Assets 567.4m
(B) 0.63 = Retained Earnings (Balance) 357.4m / Total Assets 567.4m
(C) 0.28 = EBIT TTM 144.0m / Avg Total Assets 523.4m
(D) 3.20 = Book Value of Equity 357.3m / Total Liabilities 111.8m
Total Rating: 8.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 87.81

1. Piotroski 6.50pt = 1.50
2. FCF Yield 2.16% = 1.08
3. FCF Margin 21.19% = 5.30
4. Debt/Equity 0.09 = 2.50
5. Debt/Ebitda -0.20 = 2.50
6. ROIC - WACC (= 17.65)% = 12.50
7. RoE 43.92% = 2.50
8. Rev. Trend 98.42% = 7.38
9. EPS Trend 51.15% = 2.56

What is the price of APPF shares?

As of November 01, 2025, the stock is trading at USD 254.43 with a total of 899,592 shares traded.
Over the past week, the price has changed by +4.84%, over one month by -7.70%, over three months by -4.84% and over the past year by +22.40%.

Is Appfolio a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Appfolio (NASDAQ:APPF) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 87.81 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of APPF is around 260.75 USD . This means that APPF is currently overvalued and has a potential downside of 2.48%.

Is APPF a buy, sell or hold?

Appfolio has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy APPF.
  • Strong Buy: 3
  • Buy: 2
  • Hold: 2
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the APPF price?

Issuer Target Up/Down from current
Wallstreet Target Price 330.2 29.8%
Analysts Target Price 330.2 29.8%
ValueRay Target Price 292.2 14.8%

APPF Fundamental Data Overview October 31, 2025

Market Cap USD = 8.56b (8.56b USD * 1.0 USD.USD)
P/E Trailing = 43.0812
P/S = 9.9192
P/B = 19.8958
P/EG = 5.3
Beta = 0.832
Revenue TTM = 862.7m USD
EBIT TTM = 144.0m USD
EBITDA TTM = 166.9m USD
Long Term Debt = 39.6m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 4.47m USD (from shortTermDebt, last quarter)
Debt = 39.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -33.8m USD (from netDebt column, last quarter)
Enterprise Value = 8.47b USD (8.56b + Debt 39.6m - CCE 127.6m)
Interest Coverage Ratio = -16.99 (Ebit TTM 144.0m / Interest Expense TTM -8.48m)
FCF Yield = 2.16% (FCF TTM 182.8m / Enterprise Value 8.47b)
FCF Margin = 21.19% (FCF TTM 182.8m / Revenue TTM 862.7m)
Net Margin = 23.54% (Net Income TTM 203.1m / Revenue TTM 862.7m)
Gross Margin = 63.31% ((Revenue TTM 862.7m - Cost of Revenue TTM 316.5m) / Revenue TTM)
Gross Margin QoQ = 64.42% (prev 63.48%)
Tobins Q-Ratio = 14.93 (Enterprise Value 8.47b / Total Assets 567.4m)
Interest Expense / Debt = 3.73% (Interest Expense 1.48m / Debt 39.6m)
Taxrate = 14.27% (5.99m / 42.0m)
NOPAT = 123.5m (EBIT 144.0m * (1 - 14.27%))
Current Ratio = 2.92 (Total Current Assets 197.1m / Total Current Liabilities 67.6m)
Debt / Equity = 0.09 (Debt 39.6m / totalStockholderEquity, last quarter 455.6m)
Debt / EBITDA = -0.20 (Net Debt -33.8m / EBITDA 166.9m)
Debt / FCF = -0.19 (Net Debt -33.8m / FCF TTM 182.8m)
Total Stockholder Equity = 462.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 35.80% (Net Income 203.1m / Total Assets 567.4m)
RoE = 43.92% (Net Income TTM 203.1m / Total Stockholder Equity 462.5m)
RoCE = 28.68% (EBIT 144.0m / Capital Employed (Equity 462.5m + L.T.Debt 39.6m))
RoIC = 26.70% (NOPAT 123.5m / Invested Capital 462.5m)
WACC = 9.05% (E(8.56b)/V(8.60b) * Re(9.08%) + D(39.6m)/V(8.60b) * Rd(3.73%) * (1-Tc(0.14)))
Discount Rate = 9.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.54%
[DCF Debug] Terminal Value 78.15% ; FCFE base≈170.0m ; Y1≈209.8m ; Y5≈357.9m
Fair Price DCF = 219.7 (DCF Value 5.02b / Shares Outstanding 22.9m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 51.15 | EPS CAGR: 17.43% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.42 | Revenue CAGR: 25.89% | SUE: 1.08 | # QB: 1

Additional Sources for APPF Stock

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