Appian Corporation (APPN) vs AvePoint, Inc. (AVPT)

Appian Corporation and AvePoint, Inc. are both Software Infrastructure companies. Appian Corporation is the larger, with a market value of $3.9B against $3.5B — 1.1× the size. Appian Corporation has negative trailing earnings, so its P/E is not meaningful; AvePoint, Inc. trades at 45.6×. AvePoint, Inc. grew revenue faster over the last twelve months: 23.7% against 22.0%. AvePoint, Inc. has the higher net margin (15.7% vs −0.72%) and the lower return on invested capital (7.01% vs 90.5%). Across the 19 metrics below, AvePoint, Inc. leads on 15 and Appian Corporation on 4.

Valuation

Metric APPN AVPT Software Infrastructure median
P/E n/m 45.56 24.43
P/S 4.49 7.08 2.81
P/B n/m 7.91 2.88
Price to free cash flow 97.79 36.49 17.94
EV/EBITDA 135.00 58.30 14.51
EV/Sales 4.62 6.23 2.91
Earnings yield (0.15%) 2.20% 0.00%
Free cash flow yield 1.02% 2.74% 0.49%

Profitability

Metric APPN AVPT Software Infrastructure median
Gross margin 0.00% 72.91% 57.45%
Operating margin 2.17% 10.04% 0.00%
Net margin (0.72%) 15.67% 0.00%
Free cash flow margin 4.59% 19.40% 0.00%
Return on equity 8.34% 16.92% 0.00%
Return on assets (1.01%) 10.15% 0.00%
Return on invested capital 90.47% 7.01% 0.00%

Growth

Metric APPN AVPT Software Infrastructure median
Revenue growth (TTM) 22.03% 23.74% 14.28%
EPS growth (last fiscal year) 101.59% 193.75% 18.26%
Revenue growth, 5-year CAGR 19.00% 22.59% 16.15%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APPN AVPT Software Infrastructure median
Debt to equity (2.04) 0.00 0.02
Current ratio 0.92 1.94 1.53
Net debt to EBITDA 4.91 (12.26) 0.05

Dividend

Metric APPN AVPT Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric APPN AVPT Software Infrastructure median
Market cap 3.87b 3.47b 661.51m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack