AppFolio, Inc. (APPF) vs CLEAR Secure, Inc. (YOU)

AppFolio, Inc. and CLEAR Secure, Inc. are both Software Application companies. AppFolio, Inc. and CLEAR Secure, Inc. are of similar size ($8.3B and $7.6B). CLEAR Secure, Inc. trades at the lower P/E: 28.9× against 48.8×. CLEAR Secure, Inc. grew revenue faster over the last twelve months: 22.9% against 20.0%. CLEAR Secure, Inc. has the higher net margin (16.2% vs 15.6%) and the lower return on invested capital (0.00% vs 46.5%). Across the 21 metrics below, CLEAR Secure, Inc. leads on 17 and AppFolio, Inc. on 4.

Valuation

Metric APPF YOU Software Application median
P/E 48.75 28.90 25.90
P/S 7.58 5.34 3.04
P/B 14.15 43.58 2.60
Price to free cash flow 31.45 12.42 17.17
EV/EBITDA 33.45 17.77 15.48
EV/Sales 7.39 4.75 2.89
Earnings yield 2.05% 3.46% 0.00%
Free cash flow yield 3.18% 8.05% 1.98%

Profitability

Metric APPF YOU Software Application median
Gross margin 63.79% 67.46% 66.89%
Operating margin 18.83% 26.47% 0.00%
Net margin 15.62% 16.23% 0.00%
Free cash flow margin 25.53% 43.03% 5.77%
Return on equity 31.42% 116.55% 0.00%
Return on assets 25.05% 14.47% 0.00%
Return on invested capital 46.49% 0.00% 0.00%

Growth

Metric APPF YOU Software Application median
Revenue growth (TTM) 19.96% 22.86% 12.27%
EPS growth (last fiscal year) (30.09%) (28.21%) 32.11%
Revenue growth, 5-year CAGR 25.12% 31.30% 14.34%
Net income growth, 5-year CAGR (2.31%) 0.00% 0.00%

Health

Metric APPF YOU Software Application median
Debt to equity 0.00 0.00 0.02
Current ratio 4.00 0.99 1.53
Net debt to EBITDA (1.33) (3.18) 0.09

Dividend

Metric APPF YOU Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric APPF YOU Software Application median
Market cap 8.27b 7.61b 487.58m

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