APPN (Appian) EV-to-EBIT: 80.65 (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

APPN Appian Corp APPN
66 GF Score
Price $26.97
GF Value $43.62
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Appian EV-to-EBIT?

Appian APPN +1.81% 66 EV-to-EBIT is 80.65 as of Aug. 01, 2026. GuruFocus rates APPN with a GF Score™ of 66/100 and a GF Value™ of $43.62 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,774 Software companies, Appian ranks worse than 89.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Appian's Enterprise Value is $2,068.8 Mil. Appian's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $25.7 Mil. Therefore, Appian's EV-to-EBIT for today is 80.65.

The historical rank and industry rank for Appian's EV-to-EBIT or its related term are showing as below:

APPN' s EV-to-EBIT Range Over the Past 10 Years
Min: -490.8   Med: -40.04   Max: 276.14
Current: 80.65

During the past 12 years, the highest EV-to-EBIT of Appian was 276.14. The lowest was -490.80. And the median was -40.04.

APPN's EV-to-EBIT is ranked worse than
89.85% of 1774 companies
in the Software industry
Industry Median: 14.075 vs APPN: 80.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Appian's Enterprise Value for the quarter that ended in Mar. 2026 was $1,861.6 Mil. Appian's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $25.7 Mil. Appian's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.38%.


Appian  (NAS:APPN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Appian's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=25.652/1861.62243
=1.38 %

Appian's Enterprise Value for the quarter that ended in Mar. 2026 was $1,861.6 Mil.
Appian's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Appian EV-to-EBIT Related Terms


Appian EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Appian's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Appian EV-to-EBIT Chart

Appian Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.13 -15.88 -31.88 -38.40 100.09

Appian Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -64.31 253.97 129.23 100.09 72.57

APPN vs FIVN, NN, MQ: EV-to-EBIT Comparison

For the Software - Infrastructure subindustry, Appian's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Appian EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Appian's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Appian's EV-to-EBIT falls into.


APPN
66GF Score
Appian Corp APPN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appian EV-to-EBIT Calculation

Appian's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2068.782/25.652
=80.65

Appian's current Enterprise Value is $2,068.8 Mil.
Appian's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 80.65 mean?
Appian (APPN) has a EV-to-EBIT of 80.65 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Appian and its competitors. According to the industry distribution chart, Appian ranks #1594 out of 1774 companies in the Software industry, placing it in the top 89.9%.
Is Appian's EV-to-EBIT too high?
Appian's current EV-to-EBIT is 80.65. The Software industry median EV-to-EBIT is 14.08. Appian's value of 80.65 is 473% above this industry median. Based on the distribution chart, Appian ranks #1594 out of 1774 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Appian has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Appian's EV-to-EBIT compare to FIVN and NN?
According to the Software industry distribution chart, Appian ranks #1594 out of 1774 companies for EV-to-EBIT. This places Appian in the lower half of its industry. The industry median EV-to-EBIT is 14.08. Appian's value of 80.65 is 473% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.08, based on 1,774 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Appian's current EV-to-EBIT of 80.65 is 473% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Appian and its competitors. For the Software industry, the median EV-to-EBIT is 14.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appian's current EV-to-EBIT is 80.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appian stock overvalued right now?
Based on GuruFocus' analysis, Appian (APPN) is currently considered Possible Value Trap. The stock's GF Value™ is $43.62, compared to a current price of $26.97 — trading 38.2% below its estimated fair value. The current EV-to-EBIT is 80.65 and 473% above the Software industry median of 14.08. Appian's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Appian (APPN), the current EV-to-EBIT is 80.65 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Appian (APPN) Overvalued in 2026?

Based on GuruFocus' analysis, Appian stock appears to be undervalued. The current stock price of $26.97 is trading 38.2% below its estimated GF Value™ of $43.62. GuruFocus considers Appian to be Possible Value Trap.

Key valuation signals for APPN:

  • EV-to-EBIT: 80.65
  • GF Value™: $43.62 vs. price of $26.97 (38.2% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 473% above the Software median (#1594 of 1774)

No single metric tells the full story. See the APPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appian Business Description

Other Exchanges 0HGM:UK910:Germany
Address 7950 Jones Branch Drive, McLean, VA, USA, 22102
Appian Corp is a low-code enterprise platform-as-a-service company focusing on business process management. The company's Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. The company also provides maintenance and support as well as consulting services and training related to its platform. The majority of its revenue is subscription-based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform. Geographically, the company derives maximum revenue from its Domestic operations, and also has its presence Internationally.
66GF Score

Get the complete analysis for APPN

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.97
Price
$43.62
GF Value