Stock AnalizAffirm Holdings, Inc. AFRM
Finance: Consumer Services · IPO 2021 · data as of November 13, 2026
Affirm Holdings, Inc. (AFRM) is a financial company listed in the US with a market value of about $22.1B. In the twelve months to September 30, 2026 it had revenue of $4.6B and net income of $2.0B, a net margin of 43.9%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is future growth (4/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 11.3, a price to free cash flow of 27.0, 5-year revenue growth of 37% a year, a 5-year average ROIC of -17%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 70% above the current price.
Score: 2.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Checks not passed
- P/FCF below 20
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Debt below 3 years of free cash flow
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6B | $4.3B | $3.2B | $2.3B | $1.6B | $1.3B | $870M | $510M | $264M |
| Net income | $2.0B | $1.9B | $52M | -$518M | -$985M | -$707M | -$441M | -$113M | -$120M |
| Free cash flow | $817M | $993M | $602M | $291M | -$109M | -$248M | -$213M | -$92M | -$107M |
| EPS (diluted) | $5.77 | $5.53 | $0.15 | $-1.67 | $-3.34 | $-2.51 | $-2.94 | $-2.63 | $-2.84 |
| Net margin | 43.9% | 45.3% | 1.6% | -22.3% | -62.1% | -52.4% | -50.7% | -22.1% | -45.6% |
| ROIC | — | 2.1% | -0.7% | -10.6% | -46.2% | -31.5% | -14.4% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 34 analysts is $96.22, 48% above the current price; targets range from $66.00 to $115.00; the consensus rating is “Buy”; expected EPS is $3.95 for the fiscal year ending June 30, 2027.
Frequently asked questions
What is Affirm’s P/E ratio?
About 11.3, based on the last twelve months of diluted earnings per share (forward P/E about 14.6).
Is Affirm stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 70% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Affirm pay a dividend?
Not currently.
Is Affirm a good stock to buy?
We do not give buy or sell advice. Affirm scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.