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Appian Corporation (together with its subsidiaries, Appian, the Company, we, or our ) provides process automation technology. For over 25 years, our highly reliable and scalable platform has been leveraged by large enterprises and governments.
$27.77
+$4.37 (+18.68%)
Price from 4 days ago
Operating margin is thin at 0.08%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 17.8% YoY with margins expanding 9.9pp.
At 1388x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
1388.5x earnings, 32.1x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$763M
▲ +17.8% YoY
Net Income (TTM)
$885K
▲ +101.3% YoY
Op. Margin
0.60%
▲ +9.9pp YoY
ROIC
1.20%
▲ +15.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$64M
▲ +1833.6% YoY
Op. Cash Flow (TTM)
$67M
▲ +814.1% YoY
Net Debt
$89M
Cash & Equiv.
$206M
5Y CAGR: +19.0%
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