Why is Appian Corp. ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Operating profit has grown by an annual rate 13.44% of over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -35.18
2
With a growth in Net Sales of 16.52%, the company declared Very Positive results in Jun 25
- The company has declared positive results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at USD 48.66 MM
- ROCE(HY) Highest at 0%
- RAW MATERIAL COST(Y) Fallen by -0.72% (YoY)
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 9.99%, its profits have risen by 54.3%
4
High Institutional Holdings at 94.42%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 1.1% over the previous quarter.
How much should you hold?
- Overall Portfolio exposure to Appian Corp. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Appian Corp. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Appian Corp.
2.02%
0.93
55.65%
S&P 500
13.22%
0.61
20.17%
Quality key factors
Factor
Value
Sales Growth (5y)
18.32%
EBIT Growth (5y)
13.44%
EBIT to Interest (avg)
-35.18
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.93
Sales to Capital Employed (avg)
2.32
Tax Ratio
3.88%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
94.42%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-76.39
EV to EBIT
-84.31
EV to EBITDA
-154.74
EV to Capital Employed
84.62
EV to Sales
3.92
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-100.37%
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
21What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 48.66 MM
ROCE(HY)
Highest at 0%
RAW MATERIAL COST(Y)
Fallen by -0.72% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 4.35 times
NET SALES(Q)
Highest at USD 170.64 MM
PRE-TAX PROFIT(Q)
Highest at USD 4.04 MM
NET PROFIT(Q)
At USD -1 MM has Grown at 97.28%
EPS(Q)
Highest at USD -0
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Appian Corp.
Operating Cash Flow
Highest at USD 48.66 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Pre-Tax Profit
At USD 4.04 MM has Grown at 110.95%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Sales
Highest at USD 170.64 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Pre-Tax Profit
Highest at USD 4.04 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
At USD -1 MM has Grown at 97.28%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
EPS
Highest at USD -0
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Debtors Turnover Ratio
Highest at 4.35 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -0.72% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 3.47 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)






