AVPT

AvePoint

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Technology

industry

Software - Infrastructure

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/14/26

Business Summary

AvePoint operates as an infrastructure software provider serving enterprise environments, embedding its solutions into core data management and governance workflows. The company generates cash through software sales and ongoing usage within enterprise ecosystems, benefiting from recurring operational dependence once deployed. Its moat is rooted in integration depth and switching friction: infrastructure-layer software is rarely replaced casually due to operational risk. Over time, consistent operating margins and disciplined capital structure management convert revenue into retained earnings, reinforcing internal funding capacity without reliance on external capital markets.

VALUATION

P/E

59.9

Market Cap ($M USD)

$1,941

Forward P/E

18.5

PEG

-

PRICE TO SALES

4.9

PRICE TO BOOK

4.1

EV / EBITDA

37.5

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$0.17

Next Year EPS Growth Estimate

$0.49

Next Year Revenue Growth Estimate

19.80%

Return on Equity (ROE)

7.30%

Operating Margin

7.90%

Debt-to-Equity

0

Piotroski F-Score

6

Altman Z-Score

4.1

Return on Invested Capital (ROIC)

8.00%%

Current Ratio

2.3

Quick Ratio

Gainseekers Quantitative Analysis

Summary

AVPT trades at a bifurcated valuation profile: a trailing P/E of 59.9 versus a sharply lower Forward P/E of 18.5, implying the market expects a material earnings inflection. With a Market Cap of $1,941M and a Price/Sales ratio of 4.9, the stock is not statistically cheap, but it is no longer priced like hyper-growth software either. The Altman Z-Score of 4.1 signals strong balance sheet stability, materially reducing bankruptcy risk, while a Current Ratio of 2.3 reinforces liquidity strength. This is not a distressed asset; it is a stabilization story where forward earnings compression drives the investment case. The market appears to be discounting prior earnings volatility while pricing in moderate forward growth rather than speculative upside.

AI Exposure / Tech Reliance

Operating in Software - Infrastructure, AVPT sits in a segment directly exposed to enterprise digital transformation and AI-driven workflow modernization. Infrastructure software vendors are typically embedded within mission-critical systems, giving them resilience during platform shifts. If AI accelerates data governance, cloud migration, and compliance complexity, infrastructure-layer providers are structurally positioned to benefit rather than be displaced.

The Bull Case

A GARP investor can justify ownership based on improving quality metrics and financial resilience. Return on Equity of 19.80% combined with ROIC of 8.00% indicates the company is generating respectable returns relative to capital employed, while maintaining a manageable Debt/Equity ratio of 7.90%. Operating Margin of 7.30% shows profitability is established, not hypothetical, and the Piotroski F-Score of 6 signals acceptable fundamental strength with no major accounting deterioration. The dramatic compression from a 59.9 P/E to an 18.5 Forward P/E implies forward earnings acceleration, creating valuation asymmetry if execution holds. Add an Altman Z-Score of 4.1 and a Current Ratio of 2.3, and you have a financially stable software company transitioning from growth premium to earnings-based valuation support.

The Bear Case

The bear case centers on valuation ambiguity and weak growth visibility. The PEG Forward is not provided, removing a key growth-adjusted valuation anchor, while Sales Growth Next Year is listed as $0.49, offering limited clarity on expansion trajectory. A 59.9 trailing P/E is still elevated relative to a 7.30% Operating Margin, suggesting earnings quality or scale may not yet justify premium multiples. Institutional Ownership % listed as $17.58 is low for a Nasdaq infrastructure software company, which can signal limited institutional conviction. With no dividend, no yield, and no payout support, shareholders are entirely dependent on execution and multiple stability.

Market Sentiment & Smart Money

Short Interest %

7.00%

Analyst Consensus

1.73

Average Analyst Price Target

$17.58

Institutional Ownership %

70.80%

1-Year Beta

1.07

Insider Buying % (6 Mo)

23.20%%

Distance to 52-Week High

44.40%%

Distance to 52-Week Low

101.80%%