Application Software industry stocks
227 companies in the Application Software industry. 125 have a published intrinsic value and 61 trade at least 20% below it.
The median company in Application Software with a published value trades 17% below our estimate of intrinsic value.
Values as of the 22 Sept 2026 close.
Most undervalued stocks in Application Software
- Sportradar Group AG (SRAD): undervalued, +75% margin of safety
- NICE Ltd ADR (NICE): undervalued, +75% margin of safety
- Vtex (VTEX): undervalued, +75% margin of safety
- Alarm.com Holdings Inc (ALRM): undervalued, +72% margin of safety
- Uber Technologies Inc (UBER): undervalued, +70% margin of safety
- Full Truck Alliance Co Ltd ADR (YMM): undervalued, +70% margin of safety
- Immersion Corp (IMMR): undervalued, +70% margin of safety
- EverCommerce Inc (EVCM): undervalued, +68% margin of safety
- Upbound Group Inc (UPBD): undervalued, +66% margin of safety
- Adobe Inc (ADBE): undervalued, +65% margin of safety
Liquid names only: at least $1M traded a day and $50M of market value.
Largest companies in Application Software
- Sap SE ADR (SAP): undervalued, +38% margin of safety
- Salesforce Inc (CRM): undervalued, +55% margin of safety
- Shopify Inc (SHOP): overvalued, -285% margin of safety
- Uber Technologies Inc (UBER): undervalued, +70% margin of safety
- ServiceNow Inc (NOW): slightly undervalued, +9% margin of safety
- Snowflake Inc (SNOW): overvalued, -453% margin of safety
- Automatic Data Processing Inc (ADP): undervalued, +44% margin of safety
- Adobe Inc (ADBE): undervalued, +65% margin of safety
- Datadog Inc (DDOG): overvalued, -253% margin of safety
- Cadence Design Systems Inc (CDNS): overvalued, -41% margin of safety
- Intuit Inc (INTU): undervalued, +62% margin of safety
- Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A (STRC): no published value
- Strategy Inc (MSTR): not valued
- Atlassian Corp (TEAM): overvalued, -1322% margin of safety
- Autodesk Inc (ADSK): undervalued, +39% margin of safety
- Workday Inc (WDAY): overvalued, -147% margin of safety
- Paychex Inc (PAYX): undervalued, +31% margin of safety
- Roper Technologies Inc (ROP): undervalued, +50% margin of safety
- Zoom Communications Inc (ZM): undervalued, +20% margin of safety
- Bending Spoons S.p.A (BSP): no published value
- Fair Isaac Corp (FICO): fairly valued, +3% margin of safety
- Unity Software Inc (U): overvalued, -166% margin of safety
- SS&C Technologies Holdings Inc (SSNC): undervalued, +63% margin of safety
- Dynatrace Inc (DT): undervalued, +27% margin of safety
- PTC Inc (PTC): undervalued, +49% margin of safety
- Tyler Technologies Inc (TYL): undervalued, +35% margin of safety
- Quantinuum Inc (QNT): no published value
- Grab Holdings Limited (GRAB): slightly undervalued, +10% margin of safety
- DocuSign Inc (DOCU): undervalued, +59% margin of safety
- Guidewire Software Inc (GWRE): slightly undervalued, +5% margin of safety
- Manhattan Associates Inc (MANH): slightly overvalued, -9% margin of safety
- Figma Inc (FIG): not valued
- JFrog Ltd (FROG): overvalued, -270% margin of safety
- HubSpot Inc (HUBS): overvalued, -164% margin of safety
- Chime Financial Inc (CHYM): not valued
- Paycom Software Inc (PAYC): undervalued, +54% margin of safety
- Bentley Systems Inc (BSY): undervalued, +33% margin of safety
- Elastic N.V (ESTC): undervalued, +23% margin of safety
- Interdigital Inc (IDCC): fairly valued, +5% margin of safety
- Full Truck Alliance Co Ltd ADR (YMM): undervalued, +70% margin of safety
- Paylocity Holding Corp (PCTY): undervalued, +62% margin of safety
- Procore Technologies Inc (PCOR): slightly undervalued, +19% margin of safety
- Appfolio Inc (APPF): undervalued, +34% margin of safety
- NICE Ltd ADR (NICE): undervalued, +75% margin of safety
- Duolingo Inc (DUOL): undervalued, +47% margin of safety
- Descartes Systems Group Inc (DSGX): undervalued, +21% margin of safety
- RingCentral Inc (RNG): overvalued, -171% margin of safety
- Commvault Systems Inc (CVLT): overvalued, -248% margin of safety
- ServiceTitan Inc (TTAN): not valued
- Pegasystems Inc (PEGA): undervalued, +63% margin of safety
- Lyft Inc (LYFT): no reliable verdict
- Open Text Corp (OTEX): no reliable verdict
- Navan Inc (NAVN): not valued
- NIQ Global Intelligence plc (NIQ): not valued
- Clear Secure Inc (YOU): undervalued, +57% margin of safety
- Octave Intelligence Plc (OCTV): no published value
- Klaviyo Inc (KVYO): undervalued, +52% margin of safety
- Dave Inc (DAVE): undervalued, +44% margin of safety
- Webull Corp (BULL): not valued
- Sportradar Group AG (SRAD): undervalued, +75% margin of safety
- Fastly Inc (FSLY): overvalued, -102% margin of safety
- BILL Holdings Inc (BILL): overvalued, -232% margin of safety
- CCC Intelligent Solutions Holdings Inc (CCC): undervalued, +55% margin of safety
- Workiva Inc (WK): overvalued, -323% margin of safety
- Monday.Com Ltd (MNDY): overvalued, -62% margin of safety
- Bitdeer Technologies Group (BTDR): overvalued, -241% margin of safety
- Q2 Holdings Inc (QTWO): undervalued, +53% margin of safety
- NCR Atleos Corp (NATL): not valued
- Life360 Inc (LIF): overvalued, -88% margin of safety
- Freshworks Inc (FRSH): slightly overvalued, -12% margin of safety
- Kingsoft Cloud Holdings Ltd ADR (KC): undervalued, +58% margin of safety
- SPS Commerce Inc (SPSC): undervalued, +58% margin of safety
- Braze Inc (BRZE): slightly undervalued, +13% margin of safety
- Adeia Inc (ADEA): overvalued, -101% margin of safety
- Agilysys Inc (AGYS): slightly undervalued, +6% margin of safety
- Grindr Inc (GRND): not valued
- Intapp Inc (INTA): undervalued, +26% margin of safety
- SoundHound AI Inc (SOUN): not valued
- Alarm.com Holdings Inc (ALRM): undervalued, +72% margin of safety
- ePlus Inc (PLUS): slightly undervalued, +17% margin of safety
- Via Transportation Inc (VIA): not valued
- Diebold Nixdorf Inc (DBD): undervalued, +27% margin of safety
- Securitize Corp (SECZ): not valued
- Ncino Inc (NCNO): overvalued, -103% margin of safety
- Asana Inc (ASAN): undervalued, +33% margin of safety
- PDF Solutions Inc (PDFS): overvalued, -963% margin of safety
- Karooooo Ltd (KARO): undervalued, +40% margin of safety
- Alkami Technology Inc (ALKT): undervalued, +30% margin of safety
- Vertex Inc (VERX): overvalued, -46% margin of safety
- Blackbaud Inc (BLKB): undervalued, +43% margin of safety
- WeRide Inc ADR (WRD): overvalued, -94% margin of safety
- Amplitude Inc (AMPL): overvalued, -28% margin of safety
- BlackLine Inc (BL): overvalued, -62% margin of safety
- Wealthfront Corp (WLTH): not valued
- Digital Turbine Inc (APPS): overvalued, -250% margin of safety
- EverCommerce Inc (EVCM): undervalued, +68% margin of safety
- Lightspeed Commerce Inc (LSPD): no reliable verdict
- Sprinklr Inc (CXM): overvalued, -37% margin of safety
- Donnelley Financial Solutions Inc (DFIN): undervalued, +22% margin of safety
- Red Violet Inc (RDVT): slightly overvalued, -9% margin of safety
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