AppFolio, Inc.

AppFolio, Inc.

APPFยทNASDAQ

$166.27

+0.80%
TechnologySoftware - Application

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.

At a Glance

Live Snapshot
Market Cap$5.96B
EPS3.9100
P/E Ratio42.52
Earnings Date07/30/2026
AppFolio, Inc.

AppFolio, Inc. Fair Value Envelope

APPF ยท NASDAQ

Our analysis suggests that APPF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $166.27, this represents a potential HIDDEN relative to our calculated worth for AppFolio, Inc..

Intrinsic Value
Current Price: $166.27

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$30.1B
+ Cash & Equivalents$107.2M
Firm Value$30.3B
- Debt$71.4M
Equity Value$30.2B
/ Shares Outstanding35,920,493B
DCF Value$840
UNDERVALUED BY 405%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$310.8M
$399.0M
$512.1M
$657.4M
$843.9M
$1.1B
$1.4B
$1.8B
$2.3B
$2.9B
Maintenance CapEx
-$810.0K
-$1.0M
-$1.3M
-$1.7M
-$2.2M
-$2.8M
-$3.6M
-$4.7M
-$6.0M
-$7.7M
Owner Earnings
$310.0M
$397.9M
$510.8M
$655.7M
$841.7M
$1.1B
$1.4B
$1.8B
$2.3B
$2.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$287.0M
$341.1M
$405.5M
$482.0M
$572.9M
$680.9M
$809.3M
$962.0M
$1.1B
$1.4B
Terminal Value represents 76.6% of Enterprise Value