SuperworthAppfolio APPF
- Market cap
- $7.5B
- PE
- 48.1×
- 9y median 79.4×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 7.2×
- EV/EBIT
- 39.9×
- Revenue, 12 months
- $1B
- +21% on a year ago
- Net margin
- 15.1%
- Free cash flow yield
- 3.6%
Appfolio trades at 48.1× trailing earnings, near its ten-year median. Revenue was $1B over the last twelve months, up 21% on a year earlier with a 15% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $165.4M+32% | $171.8M+39% | $187.4M+38% | $197.4M+34% | $205.7M+24% | $203.7M+19% | $217.7M+16% | $235.6M+19% | $249.4M+21% | $248.2M+22% | $262.2M+20% | $281.1M+19% | |
| Cost of revenue | $62.7M+24% | $61.3M+22% | $64.6M+15% | $69.6M+20% | $71.6M+14% | $76.2M+24% | $79.5M+23% | $83.8M+20% | $91.5M+28% | $90.5M+19% | $95M+20% | $102.6M+22% |
| Gross profit | $102.7M+38% | $110.6M+50% | $122.8M+54% | $127.8M+43% | $134.1M+31% | $127.5M+15% | $138.2M+13% | $151.7M+19% | $157.9M+18% | $157.7M+24% | $167.2M+21% | $178.5M+18% |
| R&D | $41.6M+44% | $34.8M+12% | $37.9M+1% | $39.5M+6% | $40.7M−2% | $42.3M+21% | $43.8M+16% | $46.7M+18% | $54M+33% | $46M+9% | $49.6M+13% | $51M+9% |
| SG&A | $53.6M+19% | $40.5M−25% | $45.6M−25% | $47.6M+4% | $46.5M−13% | $56.9M+40% | $54.4M+19% | $58.7M+24% | $63.4M+36% | $63M+11% | $61.8M+14% | $69.6M+19% |
| −$67K−99% | $28.2M | $34.1M | $36M | $42.6M | $23M−19% | $33.8M−1% | $40.5M+12% | $35M−18% | $43.6M+90% | $50.7M+50% | $53M+31% | |
| Interest expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Pre-tax income | $1.5M | $30.9M | $37.1M | $39.5M+5203% | $46.6M+3065% | $27.2M−12% | $36.8M−1% | $42M+6% | $36.7M−21% | $45.6M+68% | $53.1M+44% | $54.4M+30% |
| −$25M | $661K+29% | −$1.6M | $9.8M−50% | $13.6M | −$75.6M | $5.4M | $6M−39% | $3.1M−77% | $5.7M | $10.7M+97% | $12.9M+115% | |
| Net income | $26.4M | $30.3M | $38.7M | $29.7M | $33M+25% | $102.7M+239% | $31.4M−19% | $36M+21% | $33.6M+2% | $39.9M−61% | $42.4M+35% | $41.5M+16% |
| $0.72 | $0.83 | $1.05 | $0.81 | $0.90+25% | $2.79+236% | $0.86−18% | $0.99+22% | $0.93+3% | $1.10−61% | $1.18+37% | $1.17+18% | |
| 36.5M+4% | 36.6M+4% | 36.7M+4% | 36.7M+3% | 36.8M+1% | 36.9M+1% | 36.6M−0% | 36.2M−2% | 36.3M−1% | 36.2M−2% | 35.8M−2% | 35.5M−2% |
Revenue: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them. 48 periods, Q2 FY14 to Q2 FY26: not printed by the filing, worked out from its own lines.
R&D: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
SG&A: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Operating income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Income tax: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
Net income: Q1 FY14 and Q1 FY15: 6 months less the 3 months printed beside them.
EPS, diluted: 14 periods, Q1 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY14: share-days: the 6-month average less the second quarter's. 6 periods, Q4 FY14 to Q4 FY22: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 5 periods, Q4 FY17 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY23: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Software - Infrastructure nearest Appfolio's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| APPFAppfolio | $7.5B | 48.1× | 79.4× | 7.2× | +21% | 15.1% | |
| QLYSQualys | $7.5B | 37.5× | 50.1× | 10.7× | +10% | 29.4% | |
| PATHUiPath | $7.4B | 21.1× | 25.2× | 4.3× | +15% | 21.0% | |
| CVLTCommvault Systems | $7B | 108× | 94.4× | 5.8× | +15% | 5.6% | |
| OTEXOpen Text | $6.8B | 10.8× | 37.6× | 1.3× | +2% | 12.3% | |
| DBXDropbox | $8.5B | 21.0× | 18.3× | 3.4× | −0% | 17.5% | |
| YOUClear Secure | $6.1B | 30.9× | 30.3× | 6.1× | +20% | 14.8% | |
| SAICScience Applications International | $6.1B | 17.0× | 19.7× | 0.8× | −1% | 5.1% | |
| BOXBox | $5.9B | 62.6× | 40.7× | 4.8× | +10% | 10.6% | |
| PCTYPaylocity | $9.4B | 35.8× | 102× | 5.3× | +11% | 15.2% | |
| ACIWACI Worldwide | $5.6B | 25.6× | 32.6× | 3.1× | +7% | 12.4% | |
| Peer median | $6.9B | 28.3× | 35.1× | 4.5× | +10% | 13.6% |
More on Appfolio
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Software - Infrastructure
- Sector
- Technology
Valuation data, not investment advice. Prices as of .