APPF - Appfolio Inc Stock Price, Fair Value and News

212.37USD-4.35 (-2.01%)Market Closed

Market Summary

USD212.37-4.35

Market Closed

-2.01%

APPF Alerts

2 major insider sales recently.

APPF Stock Price

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APPF RSI Chart

APPF Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

2.9K

Price/Sales (Trailing)

12.45

EV/EBITDA

184.74

Price/Free Cashflow

150.69

APPF Price/Sales (Trailing)

APPF Profitability

EBT Margin

1.29%

Return on Equity

0.91%

Return on Assets

0.66%

Free Cashflow Yield

0.66%

APPF Fundamentals

APPF Revenue

Revenue (TTM)

620.4M

Rev. Growth (Yr)

38.51%

Rev. Growth (Qtr)

3.86%

APPF Earnings

Earnings (TTM)

2.7M

Earnings Growth (Yr)

253.64%

Earnings Growth (Qtr)

14.46%

Breaking Down APPF Revenue

Last 7 days

-3.9%

Last 30 days

-2.1%

Last 90 days

22.9%

Trailing 12 Months

66.7%

How does APPF drawdown profile look like?

APPF Financial Health

Current Ratio

3.9

Debt/Equity

0.16

Debt/Cashflow

1.27

APPF Investor Care

Shares Dilution (1Y)

1.77%

Diluted EPS (TTM)

0.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	502.7M	532.3M	572.7M	620.4M
2022	385.7M	414.2M	443.4M	471.9M
2021	316.5M	324.5M	336.2M	359.4M
2020	271.4M	288.8M	305.0M	310.1M
2019	204.8M	221.2M	239.0M	256.0M
2018	154.0M	165.4M	177.6M	190.1M
2017	114.5M	124.2M	133.9M	143.8M
2016	82.3M	90.1M	98.0M	105.6M
2015	53.7M	60.5M	67.8M	75.0M
2014	0	33.6M	40.6M	47.7M
2013	0	0	0	26.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Appfolio Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	schauser klaus	gifted	-	-	-100,000	-
Mar 25, 2024	duca maurice j	acquired	-	-	57,100	-
Mar 12, 2024	bliss timothy k	sold	-9,026,430	223	-40,316	-
Mar 11, 2024	bliss timothy k	sold	-2,272,370	227	-10,000	-
Mar 08, 2024	kerr janet	gifted	-	-	-1,196	-
Mar 08, 2024	bliss timothy k	sold	-3,343,950	227	-14,684	-
Mar 07, 2024	von blottnitz andreas	acquired	-	-	4,500	-
Mar 07, 2024	von blottnitz andreas	sold	-1,019,540	226	-4,500	-
Mar 04, 2024	bliss timothy k	gifted	-	-	-9,000	-
Mar 01, 2024	nottebohm olivia	sold	-239,091	241	-989	-

Which funds bought or sold APPF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Iron Horse Wealth Management, LLC	unchanged	-	2,646	8,883	-%
Apr 17, 2024	First Bank & Trust	new	-	297,322	297,322	0.06%
Apr 17, 2024	LVZ, Inc.	new	-	444,625	444,625	0.06%
Apr 16, 2024	MCF Advisors LLC	reduced	-20.00	966	7,896	-%
Apr 15, 2024	Legato Capital Management LLC	added	16.78	640,317	1,605,780	0.19%
Apr 15, 2024	DGS Capital Management, LLC	new	-	1,294,150	1,294,150	0.37%
Apr 15, 2024	WEST PACES ADVISORS INC.	reduced	-76.00	-2,851	1,480	-%
Apr 15, 2024	NorthCrest Asset Manangement, LLC	reduced	-0.96	297,728	1,022,740	0.04%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	82,905	82,905	-%
Apr 12, 2024	Evanson Asset Management, LLC	unchanged	-	441,000	1,480,440	0.11%

Are Funds Buying or Selling APPF?

Are funds buying APPF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own APPF

No. of Funds

APPF Alerts

2 major insider sales recently.

Unveiling Appfolio Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	11.9%	2,584,788	SC 13G/A
Feb 14, 2024	schauser klaus	15.1%	3,774,585	SC 13G/A
Feb 14, 2024	brown capital management llc	7.33%	1,585,560	SC 13G/A
Feb 13, 2024	ashe capital management, lp	6.6%	1,448,033	SC 13G/A
Feb 13, 2024	vanguard group inc	9.60%	2,078,661	SC 13G/A
Feb 08, 2024	echo street capital management llc	0%	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.7%	1,672,258	SC 13G/A
Dec 15, 2023	bliss timothy k	4.95%	1,127,699	SC 13D/A
Oct 25, 2023	brown capital management llc	8.65%	1,810,598	SC 13G/A
Jun 07, 2023	bliss timothy k	6.4%	1,421,531	SC 13D/A

Recent SEC filings of Appfolio Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 29, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 08, 2024	144	Notice of Insider Sale Intent
Mar 07, 2024	144	Notice of Insider Sale Intent
Mar 05, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to Appfolio Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	268.0B	34.9B	-8.06%	39.18%	64.79	7.69	11.18%	1888.46%
UBER	149.4B	37.3B	-4.97%	126.73%	79.16	4.01	16.95%	120.64%
ADSK	46.0B	5.3B	-15.78%	8.85%	50.14	8.6	9.15%	48.14%
ANSS	28.4B	2.3B	-2.82%	1.38%	56.66	12.49	9.90%	-4.45%
ZM	17.8B	4.5B	-10.77%	-12.15%	27.88	3.93	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-2.15%	66.67%	2.9K	12.45	31.48%	103.97%
LYFT	6.7B	4.4B	-3.62%	67.80%	-19.59	1.51	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.2B	881.7M	-11.74%	32.17%	39.94	3.64	4.64%	44.42%
AI	2.5B	296.4M	-29.09%	-9.49%	-9.13	8.37	11.14%	-3.59%
AGYS	2.3B	228.1M	5.25%	-2.33%	25.81	9.88	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	189.8M	572.4M	-33.69%	-85.09%	-0.96	0.33	-19.38%	-489.49%
ASUR	180.2M	119.1M	-15.04%	-58.05%	-19.56	1.51	24.27%	36.31%
AEYE	145.7M	31.3M	38.43%	88.82%	-24.82	4.65	4.69%	43.72%

Appfolio Inc News

Latest updates

Appfolio Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.9%	172	165	147	136	124	125	117	105	96.00	96.00	89.00	79.00	72.00	84.00	81.00	72.00	67.00	68.00	64.00	57.00	50.00
Costs and Expenses	-13.2%	144	166	148	163	144	133	147	120	103	96.00	88.00	85.00	75.00	81.00	75.00	70.00	67.00	64.00	61.00	57.00	48.00
S&GA Expenses	-27.6%	22.00	30.00	27.00	29.00	30.00	26.00	27.00	25.00	20.00	19.00	18.00	16.00	15.00	15.00	14.00	15.00	14.00	13.00	13.00	11.00	10.00
R&D Expenses	-16.2%	35.00	42.00	37.00	38.00	31.00	29.00	27.00	24.00	20.00	17.00	16.00	14.00	12.00	13.00	12.00	11.00	11.00	11.00	9.00	8.00	7.00
EBITDA Margin	512.1%	0.07*	-0.02*	-0.02*	-0.08*	-0.07*	-0.02*	-0.01*	0.06*	0.09*	0.07*	0.66*	0.68*	0.72*	0.73*	0.12*	0.11*	0.10*	0.11*	0.12*	0.15*	0.19*
Interest Expenses	34.5%	2.00	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.85	-0.56	-0.49	-0.33	-0.40	-0.43	-0.50	0.00
Income Taxes	102.6%	1.00	-25.00	20.00	10.00	1.00	1.00	0.00	-0.28	7.00	-0.16	-0.32	-5.53	-1.06	53.00	-13.48	0.00	-4.58	-1.25	-21.34	-4.30	0.00
Earnings Before Taxes	2001.2%	31.00	1.00	1.00	-25.15	-19.19	-3.22	-29.73	-14.57	5.00	-0.30	2.00	-5.05	-1.55	190	6.00	2.00	-0.16	4.00	2.00	-0.56	3.00
EBT Margin	117.5%	0.01*	-0.07*	-0.09*	-0.15*	-0.14*	-0.10*	-0.09*	-0.02*	0.00*	-0.02*	0.57*	0.60*	0.63*	0.65*	0.04*	0.03*	0.02*	0.03*	0.04*	0.08*	0.11*
Net Income	14.5%	30.00	26.00	-18.90	-35.11	-19.70	-4.16	-29.97	-14.29	-1.33	-0.14	2.00	0.00	-0.51	138	19.00	2.00	4.00	5.00	23.00	4.00	3.00
Net Income Margin	105.3%	0.00*	-0.08*	-0.15*	-0.18*	-0.14*	-0.11*	-0.11*	-0.04*	0.00*	0.01*	0.43*	0.50*	0.51*	0.54*	0.11*	0.13*	0.14*	0.14*	0.16*	0.09*	0.11*
Free Cashflow	-14.9%	28.00	33.00	-10.61	1.00	5.00	15.00	2.00	-4.07	6.00	13.00	13.00	-5.37	1.00	16.00	18.00	-4.91	12.00	10.00	10.00	-0.73	11.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	8.0%	409	379	351	371	381	385	375	400	408	407	399	379	389	386	320	293	260	234	226	201	176
Current Assets	13.5%	272	240	209	212	201	177	156	170	159	197	190	181	199	202	103	93.00	62.00	65.00	64.00	58.00	108
Cash Equivalents	-17.4%	50.00	60.00	25.00	104	71.00	67.00	43.00	50.00	58.00	84.00	49.00	45.00	141	144	53.00	57.00	16.00	20.00	20.00	17.00	75.00
Net PPE	4.5%	28.00	27.00	27.00	26.00	26.00	28.00	28.00	31.00	30.00	28.00	27.00	27.00	26.00	27.00	26.00	23.00	15.00	10.00	8.00	7.00	7.00
Goodwill	0%	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	58.00	58.00	58.00	58.00	59.00	57.00	43.00
Liabilities	-3.8%	112	116	125	130	116	113	110	111	111	116	112	93.00	104	102	176	169	128	108	108	106	84.00
Current Liabilities	-5.9%	70.00	74.00	75.00	80.00	61.00	58.00	55.00	54.00	53.00	49.00	49.00	43.00	50.00	56.00	47.00	39.00	47.00	42.00	42.00	38.00	28.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47.00	48.00	48.00	48.00	49.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00	1.00	1.00	1.00	1.00	1.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47.00	48.00	48.00	48.00	49.00
Shareholder's Equity	13.2%	297	263	226	241	266	272	265	289	297	292	287	286	286	285	145	125	132	125	118	95.00	92.00
Retained Earnings	54.3%	86.00	56.00	29.00	48.00	83.00	103	107	137	151	153	153	151	150	151	13.00	-6.05	-8.03	-12.46	-17.44	-40.59	-44.32
Additional Paid-In Capital	1.8%	237	233	223	219	210	197	186	179	172	165	160	161	161	159	157	157	162	159	157	157	158
Shares Outstanding	0.2%	36.00	36.00	36.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	35.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00
Float	-	-	-	4,352	-	-	-	2,136	-	-	-	2,963	-	-	-	2,870	-	-	-	1,786	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-15.2%	31,183	36,757	-9,230	1,573	6,081	16,003	5,525	-2,244	8,932	15,798	15,098	-4,437	3,083	17,840	24,293	3,083	15,474	11,600	11,518	295	11,667
Share Based Compensation	-11.0%	13,583	15,257	10,772	14,637	13,916	10,830	9,961	7,955	6,253	4,063	3,214	3,174	3,500	3,096	2,753	959	2,634	2,192	1,687	1,552	1,918
Cashflow From Investing	-871.2%	-33,231	4,309	-62,948	36,288	-1,383	8,611	-8,414	-5,280	-36,693	20,294	-6,870	-87,190	-6,031	171,254	-24,441	5,729	-19,146	-9,951	-5,085	-55,692	20,140
Cashflow From Financing	-43.8%	-8,380	-5,827	-7,049	-4,705	-1,161	-8.00	-4,021	-973	1,164	-258	-4,362	-3,892	-817	-98,381	-3,316	32,156	-633	-1,042	-3,700	-1,897	28,527
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,194	-	-	-	-	21,600

APPF Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Revenue

$ 620,445

$ 471,883

$ 359,370

Costs and operating expenses:

Cost of revenue (exclusive of depreciation and amortization)

^[1]

238,076

191,826

143,944

Sales and marketing

^[1]

107,602

107,398

73,200

Research and product development

^[1]

151,364

111,118

65,980

General and administrative

^[1]

93,452

100,792

57,279

Depreciation and amortization

28,988

33,119

30,845

Total costs and operating expenses

619,482

544,253

371,248

Income (loss) from operations

963

(72,370)

(11,878)

Other income (loss), net

4,469

13,111

Interest income, net

7,031

1,184

501

Income (loss) before provision for income taxes

7,997

(66,717)

1,734

Provision for income taxes

5,295

1,402

706

Net income (loss)

$ 2,702

$ (68,119)

$ 1,028

Net income (loss) per common share:

Basic (in dollars per share)

$ 0.08

$ (1.95)

$ 0.03

Diluted (in dollars per share)

$ 0.07

$ (1.95)

$ 0.03

Weighted average common shares outstanding:

Basic (in shares)

35,629

35,010

34,578

Diluted (in shares)

36,417

35,010

35,701

[1]

(1) Includes stock-based compensation expense as follows:


	Year Ended December 31,
	2023		2022		2021
Stock-based compensation expense included in costs and operating expenses:
Cost of revenue (exclusive of depreciation and amortization)	$	3,703	$	2,640	$	2,024
Sales and marketing	5,983		8,681		2,329
Research and product development	20,974		16,030		5,457
General and administrative	21,704		13,584		5,531
Total stock-based compensation expense	$	52,364	$	40,935	$	15,341

APPF Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 49,509	$ 70,769
Investment securities—current	162,196	89,297
Accounts receivable, net	20,709	16,503
Prepaid expenses and other current assets	39,943	24,899
Total current assets	272,357	201,468
Investment securities—noncurrent	0	25,161
Property and equipment, net	28,362	26,110
Operating lease right-of-use assets	19,285	23,485
Capitalized software development costs, net	21,562	35,315
Goodwill	56,060	56,060
Intangible assets, net	2,357	4,833
Other long-term assets	8,906	8,785
Total assets	408,889	381,217
Current liabilities
Accounts payable	1,141	2,473
Accrued employee expenses	35,567	34,376
Accrued expenses	21,723	15,601
Other current liabilities	11,335	8,893
Total current liabilities	69,766	61,343
Operating lease liabilities	41,114	50,237
Other liabilities	697	4,091
Total liabilities	111,577	115,671
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.0001 par value, 25,000 shares authorized and no shares issued and outstanding as of December 31, 2023 and December 31, 2022	0	0
Additional paid-in capital	236,985	209,704
Accumulated other comprehensive loss	99	(1,684)
Treasury stock, at cost, 419 shares of Class A common stock as of December 31, 2023 and December 31, 2022	(25,756)	(25,756)
Retained earnings	85,980	83,278
Total stockholders’ equity	297,312	265,546
Total liabilities and stockholders’ equity	408,889	381,217
Class A common stock
Stockholders’ equity:
Common stock	2	2
Class B common stock
Stockholders’ equity:
Common stock	$ 2	$ 2

About Appfolio Inc

AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry. The company offers AppFolio Property Manager, a platform to leverage process automation, easy to use interface, and the optimization of common workflows for property management companies, as well as completes and records critical transactions in the system and give its customers access to the data they need to run their business; AppFolio Property Manager Plus, which offers customizable workflows that allow customers to digitize their existing processes, performance insights, intelligent revenue management, and integrations through selected partners and dedicated strategic account managers; and AppFolio Investment Management, a solution that is designed to enable real estate investment management organizations to manage investor relationships through enhancing transparency and streamlining certain business processes. It also provides value added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

CEO	Mr. Shane Trigg
WEBSITE	appfolioinc.com
INDUSTRY	Software - Apps
EMPLOYEES	1785

Appfolio Inc Frequently Asked Questions

What is the ticker symbol for Appfolio Inc? What does APPF stand for in stocks?

APPF is the stock ticker symbol of Appfolio Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Appfolio Inc (APPF)?

As of Wed Apr 17 2024, market cap of Appfolio Inc is 7.72 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of APPF stock?

You can check APPF's fair value in chart for subscribers.

What is the fair value of APPF stock?

You can check APPF's fair value in chart for subscribers. The fair value of Appfolio Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Appfolio Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for APPF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Appfolio Inc a good stock to buy?

The fair value guage provides a quick view whether APPF is over valued or under valued. Whether Appfolio Inc is cheap or expensive depends on the assumptions which impact Appfolio Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for APPF.

What is Appfolio Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, APPF's PE ratio (Price to Earnings) is 2.86 Thousand and Price to Sales (PS) ratio is 12.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. APPF PE ratio will change depending on the future growth rate expectations of investors.