ANSYS INC (ANSS)
US03662Q1058 - Common Stock
Taking everything into account, ANSS scores 6 out of 10 in our fundamental rating. ANSS was compared to 280 industry peers in the Software industry. ANSS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ANSS is not valued too expensively and it also shows a decent growth rate. This makes ANSS very considerable for quality investing!
1. Profitability
1.1 Basic Checks
ANSS had positive earnings in the past year.
ANSS had a positive operating cash flow in the past year.
In the past 5 years ANSS has always been profitable.
ANSS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ANSS's Return On Assets of 7.75% is amongst the best of the industry. ANSS outperforms 82.08% of its industry peers.
ANSS's Return On Equity of 10.53% is fine compared to the rest of the industry. ANSS outperforms 79.93% of its industry peers.
ANSS has a better Return On Invested Capital (10.08%) than 86.38% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ANSS is below the industry average of 12.22%.
The last Return On Invested Capital (10.08%) for ANSS is above the 3 year average (8.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.75% | ||
| ROE | 10.53% | ||
| ROIC | 10.08% |
ROA(3y)7.28%
ROA(5y)7.7%
ROE(3y)10.06%
ROE(5y)10.77%
ROIC(3y)8.54%
ROIC(5y)8.98%
1.3 Margins
ANSS has a better Profit Margin (23.01%) than 91.04% of its industry peers.
ANSS's Profit Margin has declined in the last couple of years.
ANSS's Operating Margin of 29.94% is amongst the best of the industry. ANSS outperforms 94.98% of its industry peers.
In the last couple of years the Operating Margin of ANSS has declined.
With an excellent Gross Margin value of 88.77%, ANSS belongs to the best of the industry, outperforming 93.91% of the companies in the same industry.
ANSS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.94% | ||
| PM (TTM) | 23.01% | ||
| GM | 88.77% |
OM growth 3Y-1.75%
OM growth 5Y-5.34%
PM growth 3Y-5.12%
PM growth 5Y-7.42%
GM growth 3Y0.55%
GM growth 5Y0.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ANSS is destroying value.
ANSS has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ANSS has been increased compared to 5 years ago.
The debt/assets ratio for ANSS has been reduced compared to a year ago.
2.2 Solvency
ANSS has an Altman-Z score of 11.06. This indicates that ANSS is financially healthy and has little risk of bankruptcy at the moment.
ANSS has a better Altman-Z score (11.06) than 82.08% of its industry peers.
ANSS has a debt to FCF ratio of 1.03. This is a very positive value and a sign of high solvency as it would only need 1.03 years to pay back of all of its debts.
The Debt to FCF ratio of ANSS (1.03) is better than 73.12% of its industry peers.
ANSS has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.14, ANSS is in line with its industry, outperforming 46.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.03 | ||
| Altman-Z | 11.06 |
ROIC/WACC0.86
WACC11.78%
2.3 Liquidity
A Current Ratio of 2.30 indicates that ANSS has no problem at all paying its short term obligations.
ANSS has a better Current ratio (2.30) than 64.52% of its industry peers.
ANSS has a Quick Ratio of 2.30. This indicates that ANSS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.30, ANSS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.3 | ||
| Quick Ratio | 2.3 |
3. Growth
3.1 Past
ANSS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.94%, which is quite impressive.
The Earnings Per Share has been growing slightly by 8.00% on average over the past years.
Looking at the last year, ANSS shows a quite strong growth in Revenue. The Revenue has grown by 14.31% in the last year.
ANSS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.90% yearly.
EPS 1Y (TTM)30.94%
EPS 3Y9.51%
EPS 5Y8%
EPS Q2Q%82.98%
Revenue 1Y (TTM)14.31%
Revenue growth 3Y10.52%
Revenue growth 5Y11.9%
Sales Q2Q%31.19%
3.2 Future
Based on estimates for the next years, ANSS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.65% on average per year.
Based on estimates for the next years, ANSS will show a quite strong growth in Revenue. The Revenue will grow by 8.83% on average per year.
EPS Next Y20.24%
EPS Next 2Y13.97%
EPS Next 3Y14.29%
EPS Next 5Y11.65%
Revenue Next Year11.5%
Revenue Next 2Y10.51%
Revenue Next 3Y10.52%
Revenue Next 5Y8.83%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 32.51 indicates a quite expensive valuation of ANSS.
ANSS's Price/Earnings ratio is a bit cheaper when compared to the industry. ANSS is cheaper than 71.33% of the companies in the same industry.
When comparing the Price/Earnings ratio of ANSS to the average of the S&P500 Index (27.20), we can say ANSS is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 29.60, the valuation of ANSS can be described as expensive.
ANSS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ANSS is cheaper than 68.10% of the companies in the same industry.
ANSS's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.51 | ||
| Fwd PE | 29.6 |
4.2 Price Multiples
ANSS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ANSS is cheaper than 73.84% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ANSS is valued a bit cheaper than 69.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.57 | ||
| EV/EBITDA | 33.52 |
4.3 Compensation for Growth
ANSS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ANSS has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ANSS's earnings are expected to grow with 14.29% in the coming years.
PEG (NY)1.61
PEG (5Y)4.06
EPS Next 2Y13.97%
EPS Next 3Y14.29%
5. Dividend
5.1 Amount
No dividends for ANSS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ANSYS INC
NASDAQ:ANSS (12/20/2024, 8:00:00 PM)
After market: 338.38 0 (0%)338.38
+3.9 (+1.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners97.16%
Inst Owner Change-0.73%
Ins Owners0.38%
Ins Owner Change-0.34%
Market Cap29.59B
Analysts70
Price Target360.21 (6.45%)
Short Float %1.27%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.31%
Min EPS beat(2)27.88%
Max EPS beat(2)46.75%
EPS beat(4)3
Avg EPS beat(4)12.55%
Min EPS beat(4)-28.53%
Max EPS beat(4)46.75%
EPS beat(8)7
Avg EPS beat(8)10.74%
EPS beat(12)11
Avg EPS beat(12)9.94%
EPS beat(16)15
Avg EPS beat(16)12.24%
Revenue beat(2)2
Avg Revenue beat(2)10.06%
Min Revenue beat(2)6.04%
Max Revenue beat(2)14.08%
Revenue beat(4)2
Avg Revenue beat(4)0.6%
Min Revenue beat(4)-16.73%
Max Revenue beat(4)14.08%
Revenue beat(8)4
Avg Revenue beat(8)0.47%
Revenue beat(12)6
Avg Revenue beat(12)0.4%
Revenue beat(16)10
Avg Revenue beat(16)1.24%
PT rev (1m)2.77%
PT rev (3m)2.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.78%
EPS NY rev (1m)3.09%
EPS NY rev (3m)5.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.22%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.51 | ||
| Fwd PE | 29.6 | ||
| P/S | 11.99 | ||
| P/FCF | 40.57 | ||
| P/OCF | 38.41 | ||
| P/B | 5.49 | ||
| P/tB | 39.5 | ||
| EV/EBITDA | 33.52 |
EPS(TTM)10.41
EY3.08%
EPS(NY)11.43
Fwd EY3.38%
FCF(TTM)8.34
FCFY2.46%
OCF(TTM)8.81
OCFY2.6%
SpS28.22
BVpS61.64
TBVpS8.57
PEG (NY)1.61
PEG (5Y)4.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.75% | ||
| ROE | 10.53% | ||
| ROCE | 11.48% | ||
| ROIC | 10.08% | ||
| ROICexc | 11.64% | ||
| ROICexgc | 69.58% | ||
| OM | 29.94% | ||
| PM (TTM) | 23.01% | ||
| GM | 88.77% | ||
| FCFM | 29.56% |
ROA(3y)7.28%
ROA(5y)7.7%
ROE(3y)10.06%
ROE(5y)10.77%
ROIC(3y)8.54%
ROIC(5y)8.98%
ROICexc(3y)9.7%
ROICexc(5y)10.61%
ROICexgc(3y)62.62%
ROICexgc(5y)76.69%
ROCE(3y)9.73%
ROCE(5y)10.23%
ROICexcg growth 3Y-8.07%
ROICexcg growth 5Y-23.76%
ROICexc growth 3Y-0.42%
ROICexc growth 5Y-14.02%
OM growth 3Y-1.75%
OM growth 5Y-5.34%
PM growth 3Y-5.12%
PM growth 5Y-7.42%
GM growth 3Y0.55%
GM growth 5Y0.02%
F-Score8
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.03 | ||
| Debt/EBITDA | 0.86 | ||
| Cap/Depr | 29.17% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 15.18 | ||
| Cash Conversion | 87.59% | ||
| Profit Quality | 128.47% | ||
| Current Ratio | 2.3 | ||
| Quick Ratio | 2.3 | ||
| Altman-Z | 11.06 |
F-Score8
WACC11.78%
ROIC/WACC0.86
Cap/Depr(3y)20.64%
Cap/Depr(5y)35.53%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.71%
Profit Quality(3y)123.3%
Profit Quality(5y)117.74%
High Growth Momentum
Growth
EPS 1Y (TTM)30.94%
EPS 3Y9.51%
EPS 5Y8%
EPS Q2Q%82.98%
EPS Next Y20.24%
EPS Next 2Y13.97%
EPS Next 3Y14.29%
EPS Next 5Y11.65%
Revenue 1Y (TTM)14.31%
Revenue growth 3Y10.52%
Revenue growth 5Y11.9%
Sales Q2Q%31.19%
Revenue Next Year11.5%
Revenue Next 2Y10.51%
Revenue Next 3Y10.52%
Revenue Next 5Y8.83%
EBIT growth 1Y33.55%
EBIT growth 3Y8.59%
EBIT growth 5Y5.93%
EBIT Next Year31.59%
EBIT Next 3Y13.37%
EBIT Next 5YN/A
FCF growth 1Y35.43%
FCF growth 3Y10.56%
FCF growth 5Y8.35%
OCF growth 1Y37.91%
OCF growth 3Y9.43%
OCF growth 5Y8.14%