
Fundamental analysis: Appian Corporation (APPN)
Awarener score: 5.6
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Lacking), the business stability (Superb) and growth (Very good), and the company's inclination to return cash to the stockholders (Modest).
Note: All scores range from 1 (worst) to 10 (best). Conclusions are updated daily with closing stock prices and new reported quarterly financial statements.
Revenue score: 9.0
- Business has been growing at a very good pace. It's been encouraging in relation to peer companies.
- Appian Corporation business trend is extremely stable, which is best. It looks well ranked against rivals.
Margins score: 4.0
- APPN profit margins -on goods and services sold- are usually excellent. They stand slightly better than rival companies.
- Business profit on sales tends to be very poor. It's almost average when measured against competitors.
- Profits on sales made -available to repay debt and purchase properties- are usually very poor. They remain lacking compared to peers.
- Earnings -before income taxes and interests on loans taken- tend to be very poor in relation to total revenues. They're still slightly worse than similar companies.
- Profits -before income taxes- are usually very poor considering total sales, and remain almost average when measured against rivals.
- Total net profit tends to be very poor when confronted to sales. Company stands almost average when measured against comparable firms.
Growth score: 1.9
- Appian Corporation profit -on goods and services sold- has been growing at a good pace. It's been in good shape compared to competitors.
- In recent years, the firm hasn't always been able to profit from operations, which has been bottom tier against comparable firms.
- In past years, the company couldn't always turn a profit -available to repay debt and purchase properties-, which compares last-in-rank when measured against peer enterprises.
- In the previous years, the firm couldn't always make a profit -before income taxes and interests on loans taken-. It turns to be a disappointment compared to similar stocks.
- In past years, at least once the company lost money -before income taxes-. It was bottom tier against rivals.
- In the previous years, the firm had at least a total net loss, and last-in-rank when measured against peer companies.
- The company lost money at least once in the past years. It's been a disappointment compared to industry peers.
Miscellaneous score: 4.0
- APPN had still to pay income taxes, even though in recent past years mostly lost money. It's been bottom tier against peers.
- Research and development expenses consume some portion of revenues. It's almost average when measured against competitors.
- The company grows modestly in relation to research and development efforts. It stands rather normal in relation to rival companies.
Profitability score: 2.5
- Appian Corporation usually gets meagre returns on the resources it controls. It proves weak when measured against peer firms.
- The company normally gets very poor proceeds -on the resources directly invested in the business-. They remain in a very weak position compared to similar companies.
- Profitability -in relation to owned resources- is usually insufficient. It ranks weak when measured against competitors.
- In the past, got meagre returns -on the tangible resources it controls-. This metric is usually related to the industry in which operates and combines profitability versus reinvestment needs. It's below average when measured against comparable enterprises.
Usage of Funds score: 3.6
- APPN on average doesn't generate genuine funds, so to buy or replace property, plants and equipment must either burn existing cash or increase debt. It stands below average when measured against rival firms.
- The company is usually largely investing in new property, plant, and equipment, to expand its operating capabilities, which is top tier when measured against industry peers.
- In the past twelve months the stock paid no dividends. It came bottom tier against competitors.
- The company pays no dividend, so measuring its growth is meaningless. The company has behaved in an conservative way compared to similar firms.
- As no dividends are paid, it is useless trying to estimate their sustainability in time. Sustainability looks not applicable in regard to comparable companies.
- The company usually enlarges quite a bit the pool of investors, resulting in more mouths feeding on the pie of profits. It remains rather normal in relation to peer enterprises.
- Repurchase effectiveness metric is very complex. Run again in analytical mode if you're interested in a technical explanation. It stands in a very weak position compared to rivals.
- We do not have sufficient data to comment on buybacks and their sustainability. It still looks dubious against competitors.
Balance Sheet score: 4.5
- Appian Corporation intangible assets (like brands and goodwill) represent a modest portion of resources controlled, according to accounting books. There could be some difficulties in liquidating them if the company ever gets in financial distress. It happens to be encouraging in relation to peer companies.
- The company has more short-term resources than short-term obligations. Liquidity concerns shouldn't be an issue. It turns to be rather normal in relation to similar firms.
- A significant part of resources controlled were provided for with financial debt. Creditors have almost as many claims on the company as shareholders. It remains somewhat worse than rival firms.
- Resources controlled can be quickly made into cash, which is very good for liquidity and risk. It looks more than average in relation to rivals.
- For every dollar of short-term obligations, the company has enough dollars in cash and short-term receivables. It's rather normal in relation to peer firms.
- For every dollar of short-term obligations, the company has almost another of cash and equivalents, which is somewhat worse than similar enterprises.
- Usually, sales are on somewhat more than three months credit. It still ranks substantially worse when measured against peers.
- Normally has no inventories. It comes up as impressive in relation to competitors.
- On average, it takes higher than five months from the purchase to charging customers. It happens to be mediocre against peers.
- On average pays suppliers before a month from the purchase. It ranks weak when measured against industry peers.
- The company pays its suppliers four months or more before charging its customers, so there's significant money invested in working capital. It's in a very weak position compared to similar companies.
- To what extent normalized EBITDA covers interest expenses is not known. It stands impossible to compare against rival firms.
- Business has usually been operated at a loss. Unless prospects improve, the company is no position to decrease loans taken levels but by additional shareholders' funding. Profitability must improve. It ranks last-in-rank when measured against comparable enterprises.
- Revenues are quite good in relation to property, plant, and equipment required to operate. This metric is likely dependent on the industry the company operates in. The more property, plant, and equipment used, the more the company must reinvest to fight obsolescence, which usually means less available funds for the shareholders in the long run. It looks lacking compared to similar firms.
- Resource exploitation is quite good when yearly sales are considered. This metric is normally tied to the industry where the firm belongs. It's still better than most peer companies.
Valuation score: 3.1
- Appian Corporation reported losses, so valuating it in relation to earnings is meaningless. It happens to be last-in-rank when measured against competitors.
- Price-to-Tangible-Book-Value is a fairly complex metric. Run again in analytical mode if you're interested in a technical explanation. It remains in a weak position compared to peers.
- In the past twelve months, the company neither generated nor consumed funds. Whatever funds it could get, it reinvested in the business, which stands somewhat worse than similar companies.
- In the past years the company hardly generated enough genuine funds to cover up for its business needs. Business prospects should improve enough to be in a better position to reward investors. It's still below average when measured against industry firms.
- In the past twelve months, the company has slightly enlarged the pool of investors by issuing new shares. The pie of earnings will now be split among a little more stockholders. It came up rather normal in relation to peer ventures.
- The company has neither net debt nor net cash. It may borrow extra money if it wishes so, or start cumulating cash for future uses. It looks slightly worse than similar enterprises.
- Considering the past twelve months, traditional Price-to-Earnings relation has been negative, as the company lost money. It ranks last-in-rank when measured against peer companies.
- Comparing the current stock price with the past twelve-months revenues gives a very large relationship. The stock price might rely more on expectations and resources controlled than on anything else. It looks in a weak position compared to rival firms.
- The relation between the stock price and accounting book value is extremely high, which may be good or bad depending on context. Run again in analytic mode if you want to dig deeper. The company remains worse than most peer firms.
- In the past twelve months, the operating business lost significant money. It happens to be below average when measured against industry peers.
- In an alternate metric of bang for the buck, the company has usually shown a somewhat low earnings power ability when measured against the current stock price and financial position. It's still close to average when compared to peer companies.
Total score: 4.1

Company at a glance: Appian Corporation (APPN)
Sector, industry: Technology, Software—Infrastructure
Market Cap: 2.93 billions
Revenues TTM: 0.47 billions
Appian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.
Awarener score: 5.6
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Lacking), the business stability (Superb) and growth (Very good), and the company's inclination to return cash to the stockholders (Modest).