APPEN LIMITED (APX)
Share Price Analysis and Chart

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APX - APPEN LIMITED

FNArena Sector : IT & Support
Year End: December
GICS Industry Group : Software & Services
Debt/EBITDA: 0.79
Index: ASX300 | ALL-ORDS | ALL-TECH

Appen is a software developer providing and improving data for the development of machine learning and artificial intelligence products. It became a listed entity in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.20

03 Oct
2023

-0.100

OPEN

$1.29

-7.69%

HIGH

$1.30

1,232,335

LOW

$1.20

TARGET
$1.503 25.2% upside
Franking for last dividend paid out: 50%
OTHER COMPANIES IN THE SAME SECTOR
DTL . FLN . HSN . IRI . OCL . STG . TNE . TNT . WCG .
FNARENA'S MARKET CONSENSUS FORECASTS
APX: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx - 271.7 - 43.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 31/08 - ex-div 4.5c (franking 50%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-271.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx559.9 M
Book Value Per Share xxxxxxxxxxxxxxx171.8
Net Operating Cash Flow xxxxxxxxxxxxxxx26.3 M
Net Profit Margin xxxxxxxxxxxxxxx-61.59 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-91.09 %
Return on Invested Capital xxxxxxxxxxxxxxx-88.27 %
Return on Assets xxxxxxxxxxxxxxx-64.94 %
Return on Equity xxxxxxxxxxxxxxx-91.09 %
Return on Total Capital xxxxxxxxxxxxxxx-10.32 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx14.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx10 M
Total Debt xxxxxxxxxxxxxxx15 M
Goodwill - Gross xxxxxxxxxxxxxxx357 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx35 M
Price To Book Value xxxxxxxxxxxxxxx1.41

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx40.3 M
Capex % of Sales xxxxxxxxxxxxxxx7.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx550 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx51 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

29/08/2023

3

Hold

$1.70

41.67%

Appen's first half revenue was below Bell Potter's forecasts and the underlying EBITDA loss was greater than expected. No specific 2023 guidance was provided although the company is intent on exiting 2023 with a return to profitability.

The broker downgrades estimates for 2023 and 2024 by -10% and -6%, respectively. Hold retained. Target is reduced to $1.70 from $2.20.

FORECAST
Bell Potter forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -58.10 cents.
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -21.60 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

APX STOCK CHART

FNArena News on APX

1
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
2
The Short Report – 07 Sep 2023

Sep 07 2023 - Weekly Reports
3
Rudi’s View: Outlook Negative, With Plenty Of Silver Linings

Sep 06 2023 - Rudi's View
4
Australian Broker Call *Extra* Edition – Aug 31, 2023

Aug 31 2023 - Daily Market Reports
5
FNArena Corporate Results Monitor – 30-08-2023

Aug 30 2023 - Australia

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Feb 24 2023 - Small Caps
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Aug 23 2022 - Small Caps
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May 25 2021 - Australia