374.3 USD
-18.42 (-4.69%)
388.21 USD
+13.91 (+3.72%)
We assign a fundamental rating of 6 out of 10 to ANSS. ANSS was compared to 278 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 has a correct valuation and a medium growth rate. With these ratings, ANSS could be worth investigating further 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.
ANSS had positive earnings in each of the past 5 years.
In the past 5 years ANSS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.43%, ANSS belongs to the top of the industry, outperforming 80.50% of the companies in the same industry.
With a decent Return On Equity value of 9.59%, ANSS is doing good in the industry, outperforming 77.66% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.88%, ANSS belongs to the top of the industry, outperforming 84.40% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ANSS is below the industry average of 10.78%.
The last Return On Invested Capital (8.88%) for ANSS is above the 3 year average (8.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.43% | ||
| ROE | 9.59% | ||
| ROIC | 8.88% |
ROA(3y)7.27%
ROA(5y)7.26%
ROE(3y)9.84%
ROE(5y)10.05%
ROIC(3y)8.45%
ROIC(5y)8.16%
1.3 Margins
ANSS has a better Profit Margin (22.95%) than 91.13% of its industry peers.
In the last couple of years the Profit Margin of ANSS has declined.
Looking at the Operating Margin, with a value of 30.07%, ANSS belongs to the top of the industry, outperforming 94.33% of the companies in the same industry.
ANSS's Operating Margin has declined in the last couple of years.
ANSS has a Gross Margin of 89.02%. This is amongst the best in the industry. ANSS outperforms 96.45% of its industry peers.
In the last couple of years the Gross Margin of ANSS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.07% | ||
| PM (TTM) | 22.95% | ||
| GM | 89.02% |
OM growth 3Y4.01%
OM growth 5Y-2.27%
PM growth 3Y-1.74%
PM growth 5Y-5.34%
GM growth 3Y0.97%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ANSS is destroying value.
Compared to 1 year ago, ANSS has more shares outstanding
The number of shares outstanding for ANSS has been increased compared to 5 years ago.
ANSS has a better debt/assets ratio than last year.
2.2 Solvency
ANSS has an Altman-Z score of 12.95. This indicates that ANSS is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 12.95, ANSS belongs to the top of the industry, outperforming 88.65% of the companies in the same industry.
The Debt to FCF ratio of ANSS is 0.87, which is an excellent value as it means it would take ANSS, only 0.87 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ANSS (0.87) is better than 74.11% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that ANSS is not too dependend on debt financing.
ANSS's Debt to Equity ratio of 0.12 is in line compared to the rest of the industry. ANSS outperforms 50.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.87 | ||
| Altman-Z | 12.95 |
ROIC/WACC0.8
WACC11.06%
2.3 Liquidity
ANSS has a Current Ratio of 3.66. This indicates that ANSS is financially healthy and has no problem in meeting its short term obligations.
ANSS has a better Current ratio (3.66) than 80.85% of its industry peers.
ANSS has a Quick Ratio of 3.66. This indicates that ANSS is financially healthy and has no problem in meeting its short term obligations.
ANSS has a Quick ratio of 3.66. This is amongst the best in the industry. ANSS outperforms 80.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.66 | ||
| Quick Ratio | 3.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.81% over the past year.
The Earnings Per Share has been growing by 10.71% on average over the past years. This is quite good.
Looking at the last year, ANSS shows a quite strong growth in Revenue. The Revenue has grown by 15.98% in the last year.
Measured over the past years, ANSS shows a quite strong growth in Revenue. The Revenue has been growing by 10.92% on average per year.
EPS 1Y (TTM)33.81%
EPS 3Y13.97%
EPS 5Y10.71%
EPS Q2Q%17.99%
Revenue 1Y (TTM)15.98%
Revenue growth 3Y10.1%
Revenue growth 5Y10.92%
Sales Q2Q%8.21%
3.2 Future
ANSS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.12% yearly.
Based on estimates for the next years, ANSS will show a quite strong growth in Revenue. The Revenue will grow by 8.36% on average per year.
EPS Next Y9.89%
EPS Next 2Y9.77%
EPS Next 3Y8.04%
EPS Next 5Y8.12%
Revenue Next Year10.99%
Revenue Next 2Y10.52%
Revenue Next 3Y9.24%
Revenue Next 5Y8.36%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ANSS is valuated quite expensively with a Price/Earnings ratio of 33.54.
ANSS's Price/Earnings ratio is a bit cheaper when compared to the industry. ANSS is cheaper than 69.15% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.39, ANSS is valued a bit more expensive.
A Price/Forward Earnings ratio of 28.47 indicates a quite expensive valuation of ANSS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ANSS indicates a somewhat cheap valuation: ANSS is cheaper than 67.02% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, ANSS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.54 | ||
| Fwd PE | 28.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANSS is valued a bit cheaper than the industry average as 73.40% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ANSS is valued a bit cheaper than the industry average as 68.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.96 | ||
| EV/EBITDA | 34.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ANSS may justify a higher PE ratio.
PEG (NY)3.39
PEG (5Y)3.13
EPS Next 2Y9.77%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
ANSS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
374.3
-18.42 (-4.69%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners94.93%
Inst Owner Change-95.71%
Ins Owners0.47%
Ins Owner Change-61.06%
Market Cap32.91B
Revenue(TTM)2.58B
Net Income(TTM)592.78M
Analysts55.29
Price Target363.63 (-2.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.08%
Min EPS beat(2)-4.51%
Max EPS beat(2)10.68%
EPS beat(4)3
Avg EPS beat(4)20.2%
Min EPS beat(4)-4.51%
Max EPS beat(4)46.75%
EPS beat(8)6
Avg EPS beat(8)8.91%
EPS beat(12)10
Avg EPS beat(12)8.9%
EPS beat(16)14
Avg EPS beat(16)9.84%
Revenue beat(2)1
Avg Revenue beat(2)-2.41%
Min Revenue beat(2)-4.97%
Max Revenue beat(2)0.16%
Revenue beat(4)3
Avg Revenue beat(4)3.83%
Min Revenue beat(4)-4.97%
Max Revenue beat(4)14.08%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.2%
Revenue beat(16)9
Avg Revenue beat(16)0.38%
PT rev (1m)2.25%
PT rev (3m)0.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.7%
EPS NY rev (1m)0%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.54 | ||
| Fwd PE | 28.47 | ||
| P/S | 12.74 | ||
| P/FCF | 37.96 | ||
| P/OCF | 36.09 | ||
| P/B | 5.33 | ||
| P/tB | 19.53 | ||
| EV/EBITDA | 34.47 |
EPS(TTM)11.16
EY2.98%
EPS(NY)13.14
Fwd EY3.51%
FCF(TTM)9.86
FCFY2.63%
OCF(TTM)10.37
OCFY2.77%
SpS29.38
BVpS70.29
TBVpS19.17
PEG (NY)3.39
PEG (5Y)3.13
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.43% | ||
| ROE | 9.59% | ||
| ROCE | 10.79% | ||
| ROIC | 8.88% | ||
| ROICexc | 11.9% | ||
| ROICexgc | 72.74% | ||
| OM | 30.07% | ||
| PM (TTM) | 22.95% | ||
| GM | 89.02% | ||
| FCFM | 33.56% |
ROA(3y)7.27%
ROA(5y)7.26%
ROE(3y)9.84%
ROE(5y)10.05%
ROIC(3y)8.45%
ROIC(5y)8.16%
ROICexc(3y)9.98%
ROICexc(5y)9.62%
ROICexgc(3y)57.69%
ROICexgc(5y)61.05%
ROCE(3y)10.26%
ROCE(5y)9.91%
ROICexgc growth 3Y-1.79%
ROICexgc growth 5Y-12.59%
ROICexc growth 3Y9.28%
ROICexc growth 5Y-2.7%
OM growth 3Y4.01%
OM growth 5Y-2.27%
PM growth 3Y-1.74%
PM growth 5Y-5.34%
GM growth 3Y0.97%
GM growth 5Y-0.01%
F-Score8
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.87 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 31.12% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | 17.23 | ||
| Cash Conversion | 98.96% | ||
| Profit Quality | 146.24% | ||
| Current Ratio | 3.66 | ||
| Quick Ratio | 3.66 | ||
| Altman-Z | 12.95 |
F-Score8
WACC11.06%
ROIC/WACC0.8
Cap/Depr(3y)23.75%
Cap/Depr(5y)26.85%
Cap/Sales(3y)1.34%
Cap/Sales(5y)1.47%
Profit Quality(3y)128.22%
Profit Quality(5y)123.69%
High Growth Momentum
Growth
EPS 1Y (TTM)33.81%
EPS 3Y13.97%
EPS 5Y10.71%
EPS Q2Q%17.99%
EPS Next Y9.89%
EPS Next 2Y9.77%
EPS Next 3Y8.04%
EPS Next 5Y8.12%
Revenue 1Y (TTM)15.98%
Revenue growth 3Y10.1%
Revenue growth 5Y10.92%
Sales Q2Q%8.21%
Revenue Next Year10.99%
Revenue Next 2Y10.52%
Revenue Next 3Y9.24%
Revenue Next 5Y8.36%
EBIT growth 1Y37.91%
EBIT growth 3Y14.51%
EBIT growth 5Y8.4%
EBIT Next Year18.29%
EBIT Next 3Y11.66%
EBIT Next 5YN/A
FCF growth 1Y32.42%
FCF growth 3Y12.61%
FCF growth 5Y10.56%
OCF growth 1Y33.93%
OCF growth 3Y13.14%
OCF growth 5Y9.74%
ANSYS INC / ANSS FAQ
What is the fundamental rating for ANSS stock?
ChartMill assigns a fundamental rating of 6 / 10 to ANSS.
What is the valuation status of ANSYS INC (ANSS) stock?
ChartMill assigns a valuation rating of 4 / 10 to ANSYS INC (ANSS). This can be considered as Fairly Valued.
Can you provide the profitability details for ANSYS INC?
ANSYS INC (ANSS) has a profitability rating of 7 / 10.
What are the PE and PB ratios of ANSYS INC (ANSS) stock?
The Price/Earnings (PE) ratio for ANSYS INC (ANSS) is 33.54 and the Price/Book (PB) ratio is 5.33.