APPIAN CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.5 USD | -1.59% |
|
-5.60% | -16.36% |
| May. 07 | Macquarie Cuts Price Target on Appian to $33 From $40, Keeps Neutral Rating | MT |
| May. 03 | Morgan Stanley Cuts Price Target on Appian to $35 From $47, Keeps Equalweight Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,566 | 11,354 | 4,642 | 2,362 | 2,758 | 2,276 | - | - |
| Enterprise Value (EV) 1 | 2,410 | 11,132 | 4,486 | 2,284 | 2,805 | 2,410 | 2,398 | 2,349 |
| P/E ratio | -49.6 x | -338 x | -52.2 x | -15.7 x | -24.8 x | -22.5 x | -33 x | 3.14 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 9.86 x | 37.3 x | 12.6 x | 5.05 x | 5.06 x | 3.69 x | 3.24 x | 2.83 x |
| EV / Revenue | 9.26 x | 36.5 x | 12.1 x | 4.88 x | 5.14 x | 3.91 x | 3.41 x | 2.92 x |
| EV / EBITDA | -82.3 x | -664 x | -118 x | -30.1 x | -62.6 x | -123 x | 130 x | 33.1 x |
| EV / FCF | -58.3 x | -1,255 x | -74.8 x | -19.8 x | -23.4 x | -110 x | 388 x | - |
| FCF Yield | -1.72% | -0.08% | -1.34% | -5.06% | -4.28% | -0.91% | 0.26% | - |
| Price to Book | 12.6 x | 38.6 x | 19.9 x | 16 x | 52.6 x | -44.2 x | -36.9 x | -70.9 x |
| Nbr of stocks (in thousands) | 67,153 | 70,049 | 71,183 | 72,548 | 73,228 | 72,242 | - | - |
| Reference price 2 | 38.21 | 162.1 | 65.21 | 32.56 | 37.66 | 31.50 | 31.50 | 31.50 |
| Announcement Date | 2/20/20 | 2/18/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 260.4 | 304.6 | 369.3 | 468 | 545.4 | 616.3 | 703 | 803.7 |
| EBITDA 1 | -29.28 | -16.77 | -37.92 | -76 | -44.84 | -19.56 | 18.39 | 71.08 |
| EBIT 1 | -34.02 | -22.62 | -43.66 | -83.29 | -54.31 | -30.49 | 4.032 | 59.17 |
| Operating Margin | -13.07% | -7.43% | -11.82% | -17.8% | -9.96% | -4.95% | 0.57% | 7.36% |
| Earnings before Tax (EBT) | -49.89 | -32.59 | -87.86 | -150.2 | - | - | - | - |
| Net income 1 | -50.71 | -33.48 | -88.64 | -150.9 | -111.4 | -103.5 | -67.67 | 722.4 |
| Net margin | -19.48% | -10.99% | -24.01% | -32.25% | -20.43% | -16.79% | -9.63% | 89.88% |
| EPS 2 | -0.7700 | -0.4800 | -1.250 | -2.080 | -1.520 | -1.400 | -0.9533 | 10.02 |
| Free Cash Flow 1 | -41.35 | -8.871 | -59.98 | -115.6 | -120.1 | -21.87 | 6.176 | - |
| FCF margin | -15.88% | -2.91% | -16.24% | -24.71% | -22.02% | -3.55% | 0.88% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 33.58% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/20/20 | 2/18/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 105 | 114.3 | 110.1 | 117.9 | 125.8 | 135.2 | 127.7 | 137.1 | 145.3 | 149.8 | 142.8 | 155.4 | 168.4 | 172 | 163.9 |
| EBITDA 1 | -9.99 | -3.358 | -24.97 | -22.87 | -24.8 | -15.82 | -24.71 | -5.342 | 1.032 | -1.322 | -14.59 | -5.326 | 1.577 | 5.137 | -7.521 |
| EBIT 1 | -11.66 | -5.131 | -26.77 | -24.63 | -26.76 | -18.16 | -27.07 | -7.682 | -1.395 | -3.683 | -17.18 | -8.447 | -1.065 | 2.396 | -11.19 |
| Operating Margin | -11.11% | -4.49% | -24.32% | -20.89% | -21.28% | -13.43% | -21.2% | -5.6% | -0.96% | -2.46% | -12.03% | -5.44% | -0.63% | 1.39% | -6.82% |
| Earnings before Tax (EBT) | -25.53 | -24.73 | -48.96 | -43.74 | -32.8 | -35.69 | -41.53 | -22.07 | - | -33.39 | - | - | - | - | - |
| Net income 1 | -25.84 | -23.15 | -49.35 | -44 | -34.42 | -36.83 | -42.36 | -22.25 | -10.01 | -32.92 | -33.6 | -24.6 | -18.58 | -15.59 | -27.46 |
| Net margin | -24.62% | -20.26% | -44.84% | -37.32% | -27.36% | -27.23% | -33.16% | -16.23% | -6.89% | -21.97% | -23.54% | -15.83% | -11.03% | -9.06% | -16.75% |
| EPS 2 | -0.3600 | -0.3200 | -0.6800 | -0.6100 | -0.4700 | -0.5100 | -0.5800 | -0.3000 | -0.1400 | -0.4500 | -0.4700 | -0.3300 | -0.2750 | -0.2350 | -0.3850 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/17/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/16/23 | 5/9/23 | 8/3/23 | 11/2/23 | 2/15/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 47.6 | 134 | 122 | 73.8 |
| Net Cash position 1 | 156 | 222 | 156 | 77.9 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -1.061 x | -6.848 x | 6.653 x | 1.038 x |
| Free Cash Flow 1 | -41.3 | -8.87 | -60 | -116 | -120 | -21.9 | 6.18 | - |
| ROE (net income / shareholders' equity) | -36.4% | -13.3% | -33.4% | -79.5% | -113% | - | 40.5% | 124% |
| ROA (Net income/ Total Assets) | - | -7.57% | - | - | -18.2% | -13.6% | -9.6% | 54% |
| Assets 1 | - | 442 | - | - | 610.9 | 760.9 | 704.9 | 1,338 |
| Book Value Per Share 2 | 3.040 | 4.200 | 3.270 | 2.040 | 0.7200 | -0.7100 | -0.8500 | -0.4400 |
| Cash Flow per Share 2 | -0.1400 | -0.1100 | -0.7600 | -1.470 | -1.510 | -0.6800 | -0.1100 | 0.2100 |
| Capex 1 | 32.4 | 1.25 | 6.06 | 9.1 | 9.64 | 9.82 | 11.7 | 12 |
| Capex / Sales | 12.45% | 0.41% | 1.64% | 1.94% | 1.77% | 1.59% | 1.67% | 1.49% |
| Announcement Date | 2/20/20 | 2/18/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
31.5
USD
Average target price
38.67
USD
Spread / Average Target
+22.75%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.36% | 2.28B | |
| +17.70% | 341B | |
| +30.03% | 228B | |
| +7.31% | 156B | |
| +13.30% | 57.57B | |
| +16.25% | 33.44B | |
| +2.47% | 30.32B | |
| +144.46% | 27.39B | |
| +30.91% | 21.92B | |
| +38.99% | 14.09B |
- Stock Market
- Equities
- APPN Stock
- Financials Appian Corporation
