Grufity logoGrufity logo

AZPN

Market Closed

Aspen Technology Inc

AZPN Stock Price

RSI Chart

Valuation

Market Cap

12.1B

Price/Earnings

44.35

Price/Sales

17.39

Price/Cashflow

46.68

MarketCap/EBT

37.52

Price/Sales

Profitability

Operating Margin

91.67%

EBT Margin

46.36%

Return on Equity

35.08%

Return on Assets

19.68%

Fundamentals

Revenue

Revenue (TTM)

693.1M

Revenue Y/Y

15.38%

Revenue Q/Q

9.57%

Earnings

Earnings (TTM)

271.8M

Earnings Y/Y

20.21%

Earnings Q/Q

21.43%

Price Action

Last 7 days

3.1%

Last 30 days

-3.1%

Last 90 days

14.3%

Trailing 12 Months

59.1%

Financial Health

Current Ratio

4.07

Debt/Equity

0.33

Debt/Cashflow

1.02

Investor Care

Buy Backs (1Y)

2.07%

Diluted EPS (TTM)

4.01

Peers (Alternatives to Aspen Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Aspen Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q12021Q42021Q32021Q22021Q1
Revenue3.7%693668730709713
Cost Of Revenue-4.0%5860606061
Gross Profit4.5%635608671649652
Operating Expenses4.8%340325307291284
  S&GA Expenses2.9%127123119115111
Earnings Before Taxes3.9%321309392385401
Net Income4.9%272259326320319
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q12021Q42021Q32021Q22021Q1
Assets5.9%1,3811,3041,3201,4541,373
  Current Assets18.2%695588610768687
    Cash Equivalents34.9%285211248380317
  Net PPE-1.9%55566
  Goodwill0.8%158157157160158
  Current Liabilities-1.2%171173180142127
.    Short Term Borrowings8.3%2624222018
  Long Term Debt-3.0%253261267273279
Shareholder's Equity12.0%775692692801733
  Retained Earnings4.0%1,9551,8791,8181,7781,683
  Additional Paid-In Capital2.7%851829826820800
Accumulated Depreciation1.0%4342434344
Shares Outstanding-0.1%67676768-
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q12021Q42021Q32021Q22021Q1
Cashflow From Operations-6.4%258276272276273
  Share Based Compensation-4.1%3536373432
Cashflow From Investing19.8%-3.07-3.83-19.24-19.78-19.00
Cashflow From Financing-3.4%-286.14-276.61-322.60-165.13-129.49
  Buy Backs0%280280200462

Risks

What is the probability of a big loss on AZPN?

50%


Probability that Aspen Tech stock will be more than 20% underwater in next one year

36.1%


Probability that Aspen Tech stock will be more than 30% underwater in next one year.

18.1%


Probability that Aspen Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AZPN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Aspen Tech was unfortunately bought at previous high price.

Returns

Cumulative Returns on AZPN

24.9%


10-Year Cumulative Returns

28.4%


7-Year Cumulative Returns

29.2%


5-Year Cumulative Returns

27.1%


3-Year Cumulative Returns

What are the long-term rolling returns for AZPN?

FIve years rolling returns for Aspen Tech.

Which funds bought or sold AZPN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-15
SkyView Investment Advisors, LLC
SOLD OFF
-100
-581,000
-
-%
2022-11-14
Snider Financial Group
SOLD OFF
-100
-2,709,000
-
-%
2022-11-14
EARNEST PARTNERS LLC
NEW
-
5,000
5,000
-%
2022-11-14
C M BIDWELL & ASSOCIATES LTD
SOLD OFF
-100
-8,000
-
-%
2022-11-14
BAMCO INC /NY/
SOLD OFF
-100
-106,660,000
-
-%
2022-11-10
Harvest Fund Management Co., Ltd
ADDED
294.33
106,000
132,000
0.04%
2022-11-08
IFP Advisors, Inc
UNCHANGED
-
-
7,000
-%
2022-11-07
HUNTINGTON NATIONAL BANK
UNCHANGED
-
-
-
-%
2022-10-21
Garrison Asset Management, LLC
SOLD OFF
-100
-440,000
-
-%
2022-10-21
Ronald Blue Trust, Inc.
SOLD OFF
-100
-1,000
-
-%

1–10 of 50

Latest Funds Activity

Are funds buying AZPN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AZPN

Aspen Tech News

MarketBeat

Aspen Technology, Inc. (NASDAQ:AZPN) Short Interest Update.18 hours ago

Yahoo Finance

AZPN Fair Value

Aspen Tech fair value in different scenarios

The table shows the Fair Value estimates for Aspen Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

56.38

-

77.74

-

95.72

-

129.87

-

159.94

-

Current Inflation

51.38

-

69.48

-

84.12

-

113.10

-

138.22

-

Very High Inflation

45.26

-

59.63

-

70.59

-

93.70

-

113.32

-

Historical Aspen Tech Fair Value Estimates


Latest Insider Trading transactions for AZPN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-16
Whelan, Jr. Robert M.
GIVEN BACK TO IS
-
-
-13,691
-
2022-05-16
Golz Karen
GIVEN BACK TO IS
-
-
-1,752
-
2022-05-16
Keresty Georgia
GIVEN BACK TO IS
-
-
-3,465
-
2022-05-16
Chawla Manish
GIVEN BACK TO IS
-
-
-9,263
Chief Revenue Officer
2022-05-16
CASEY DONALD P
GIVEN BACK TO IS
-
-
-9,363
-
2022-05-16
WISE R HALSEY
GIVEN BACK TO IS
-
-
-7,861
-
2022-05-16
Hammond F G
GIVEN BACK TO IS
-
-
-28,959
Senior VP & General Counsel
2022-05-16
Breithaupt Chantelle Yvette
GIVEN BACK TO IS
-
-
-26,899
SVP, Chief Financial Officer
2022-05-16
Stagno Christopher
GIVEN BACK TO IS
-
-
-4,457
SVP, Chief Accounting Officer
2022-05-16
Karaboutis Adriana
GIVEN BACK TO IS
-
-
-2,648
-

1–10 of 50

Antonio J. Pietri
1900
Aspen Technology, Inc., together with its subsidiaries, provides asset optimization solutions in North America, Europe, the Asia Pacific, Latin America, and the Middle East. The company operates in two segments, Subscription and Software, and Services and Other. It offers asset optimization software that optimizes asset design, operations, and maintenance in various industrial environments. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance that are integrated applications, which allow end users to design process manufacturing environments, monitor operational performances, respond and adapt to operational changes, predict asset reliability and equipment failure, and manage planning and scheduling activities, as well as collaborate across these functions and activities. It also provides software maintenance and support, professional, and training services. The company's customers comprise companies that are engaged in the process and other capital-intensive industries, such as energy, chemicals, engineering, and construction, as well as pharmaceuticals, food and beverage, transportation, power, metals and mining, pulp and paper, and consumer packaged goods. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.

AZPN Income Statement

2022-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Total revenue$ 187,753$ 162,726$ 495,129$ 511,415
Cost of revenue:    
Total cost of revenue13,62216,05543,40145,836
Gross profit174,131146,671451,728465,579
Operating expenses:    
Selling and marketing33,97730,34594,08882,092
Research and development28,70425,87480,97570,576
General and administrative30,69421,55387,54260,389
Total operating expenses93,37577,772262,605213,057
Income from operations80,75668,899189,123252,522
Interest income8,2878,41025,64626,383
Interest (expense)(1,572)(1,495)(4,626)(5,639)
Other income (expense), net522(5)(2,107)(1,807)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest87,99375,809208,036271,459
Provision for income taxes12,87013,31431,65047,101
Net income$ 75,123$ 62,495$ 176,386$ 224,358
Net income per common share:    
Basic (in dollars per share)$ 1.13$ 0.92$ 2.64$ 3.31
Diluted (in dollars per share)$ 1.12$ 0.91$ 2.62$ 3.28
Weighted average shares outstanding:    
Basic (in shares)66,59467,92066,79167,809
Diluted (in shares)67,01468,60867,24168,439
License [Member]    
Revenue:    
Total revenue$ 130,032$ 110,104$ 327,247$ 352,133
Cost of revenue:    
Total cost of revenue4892,4855,2916,859
Maintenance [Member]    
Revenue:    
Total revenue50,01745,885146,615139,561
Cost of revenue:    
Total cost of revenue4,7605,17413,67414,066
Services and other    
Revenue:    
Total revenue7,7046,73721,26719,721
Cost of revenue:    
Total cost of revenue$ 8,373$ 8,396$ 24,436$ 24,911

AZPN Balance Sheet

2022-03-31
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Jun. 30, 2021
Current assets:  
Cash and cash equivalents$ 285,217$ 379,853
Accounts receivable, net49,18252,502
Current contract assets, net345,633308,607
Prepaid expenses and other current assets11,84812,716
Prepaid income taxes3,15414,639
Total current assets695,034768,317
Property, equipment and leasehold improvements, net4,6505,610
Computer software development costs, net1,0031,461
Goodwill157,855159,852
Intangible assets, net37,73744,327
Non-current contract assets, net416,604407,180
Contract costs30,27429,056
Operating lease right-of-use assets31,60932,539
Deferred tax assets2,1572,121
Other non-current assets4,0943,537
Total assets1,381,0171,454,000
Current liabilities:  
Accounts payable7,1764,367
Accrued expenses and other current liabilities46,16150,575
Current operating lease liabilities7,1196,751
Income taxes payable33,6493,444
Current borrowings26,00020,000
Current deferred revenue50,56956,393
Total current liabilities170,674141,530
Non-current deferred revenue12,11411,732
Deferred income tax liabilities139,921193,360
Non-current operating lease liabilities27,76129,699
Non-current borrowings, net253,412273,162
Other non-current liabilities2,2803,760
Commitments and contingencies (Note 16)
Series D redeemable convertible preferred stock  
Temporary Equity, Carrying Amount, Attributable to Parent00
Stockholders' equity:  
Common Stock, Value, Issued10,48510,455
Additional paid-in capital850,948819,642
Retained earnings1,954,5191,778,133
Accumulated other comprehensive income5,0919,026
Treasury Stock, Value(2,046,188)(1,816,499)
Total stockholders’ equity774,855800,757
Total liabilities and stockholders’ equity$ 1,381,017$ 1,454,000
Series D redeemable convertible preferred stock, par value (in dollars per share)$ 0.10$ 0.10
Series D redeemable convertible preferred stock, authorized3,6363,636
Series D redeemable convertible preferred stock, issued00
Series D redeemable convertible preferred stock, outstanding00
Common stock, par value (in dollars per share)$ 0.10$ 0.10
Common stock, authorized210,000,000210,000,000
Common stock, issued104,845,904104,543,414
Common stock, outstanding66,607,77967,912,160
Treasury stock, shares38,238,12536,631,254