APPF

Appfolio Inc - Ordinary Shares - Class A

TMT


Presented:03/13/2024
Price:$225.82
Cap:$8.08B
Current Price:$201.97
Cap:$7.33B

Presented

Date03/13/2024
Price$225.82
Market Cap$8.08B
Ent Value$6.17B
P/E Ratio7577.85x
Book Value$8.29
Div Yield0%
Shares O/S35.76M
Ave Daily Vol257,692
Short Int3.63%

Current

Price$201.97
Market Cap$7.33B
AppFolio, Inc., provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The firm offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provides tools and services designed to streamline their real estate investment management businesses. It also provides Value+ services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as artificial intelligence leasing assistant, tenant screening, electronic payment, utility management, maintenance contact center, tenant debt collection, and mailing services. The company was founded by Brian Donahoo, Klaus Schauser and Jonathan Walker in 2006 and is headquartered in Santa Barbara, CA.
Publicly traded companies mentioned herein: Appfolio Inc (APPF)

Highlights

The presenter is long shares of Appfolio Inc (APPF), a provider of property management software, believing that the Street is underestimating the company's new unit additions and growth in value-added services. As the company starts to benefit from moving up market and servicing larger customers, it will unlock significant value. The presenter sees the potential for up to 29% upside on '25 EBITDA at $320-$330 million compared to the consensus estimate of $256 million.

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Idea Discussion

Commentor 1 - 2 weeks ago

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