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 19.41% 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
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -14.08%, its profits have risen by 120.2% ; the PEG ratio of the company is 1
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -14.08% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Appian Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Appian Corp.
-14.08%
-0.17
54.36%
S&P 500
14.9%
0.77
19.29%
Quality key factors
Factor
Value
Sales Growth (5y)
19.00%
EBIT Growth (5y)
19.41%
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)
2.69
Tax Ratio
3.88%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
97.27%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
117
Industry P/E
Price to Book Value
-40.72
EV to EBIT
122.23
EV to EBITDA
66.66
EV to Capital Employed
100.07
EV to Sales
2.72
PEG Ratio
0.97
Dividend Yield
NA
ROCE (Latest)
81.87%
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
18What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 62.88 MM
PRE-TAX PROFIT(Q)
At USD 3.97 MM has Grown at 133.65%
NET PROFIT(Q)
At USD 2.45 MM has Grown at 120.14%
NET SALES(Q)
Highest at USD 202.87 MM
-2What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 7.61% (YoY
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.99 times
Here's what is working for Appian Corp.
Operating Cash Flow
Highest at USD 62.88 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 3.97 MM has Grown at 133.65%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Profit
At USD 2.45 MM has Grown at 120.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Net Sales
Highest at USD 202.87 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Here's what is not working for Appian Corp.
Debtors Turnover Ratio
Lowest at 2.99 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 7.61% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






