Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: APPN stock price vs FCPT: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at FCPT's multiple
Needs FCPT P/E.
Implied fair value · at APPN's multiple
Needs APPN P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: APPN FY 2025 (ended Dec 31, 2025) · FCPT FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 92% equity / 8% debt · EV / Revenue 3.86x · EV / EBITDA 69.89x
Capital structure 69% equity / 31% debt · EV / Revenue 13.36x · EV / EBITDA 17.41x
FCPT carries the larger enterprise value at $3.93B against $2.81B; APPN trades on the lower EV / Revenue multiple (3.86x vs 13.36x); FCPT on the lower EV / EBITDA (17.41x vs 69.89x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
APPIAN CORPORATION · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Four Corners Property Trust, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
-5.12x
0.74x
Net debt / EBITDA
Leverage against operating earnings
1.33x
5.28x
Cash and equivalents
Liquid reserves on the balance sheet
$187.23M
$12.14M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
MICROSOFT CORP
APPN vs MSFT
ORACLE CORP
APPN vs ORCL
Salesforce, Inc.
APPN vs CRM
UiPath, Inc.
APPN vs PATH
monday.com Ltd.
APPN vs MNDY
REALTY INCOME CORP
APPN vs O
AGREE REALTY CORP
APPN vs ADC
GETTY REALTY CORP /MD/
APPN vs GTY
ESSENTIAL PROPERTIES REALTY TRUST, INC.
APPN vs EPRT
STAG Industrial, Inc.
APPN vs STAG
$240.83M
$1.20B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.
