Aspen Technology Stock Z Score

AZPN Stock

USD 250.94 0.09 0.04%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Aspen Technology Piotroski F Score and Aspen Technology Valuation analysis.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

At this time, Aspen Technology's Net Invested Capital is very stable compared to the past year. As of the 25th of November 2024, Capital Expenditures is likely to grow to about 5.8 M, while Capital Surpluse is likely to drop about 742.2 M. At this time, Aspen Technology's EBITDA is very stable compared to the past year. As of the 25th of November 2024, Cost Of Revenue is likely to grow to about 401.7 M, while Interest Expense is likely to drop about 3 M.

Aspen Technology Company Z Score Analysis

Aspen Technology's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Aspen Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Aspen Technology is extremely important. It helps to project a fair market value of Aspen Stock properly, considering its historical fundamentals such as Z Score. Since Aspen Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aspen Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aspen Technology's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Debt Total
Total Assets		1.0	-0.33	-0.19	0.8	0.89	0.93	0.85	-0.31	1.0	-0.9	0.64	-0.58	0.97	-0.09	1.0	-0.43	0.69	-0.44	-0.81	1.0	0.73	-1.0	-0.82
Total Stockholder Equity	1.0		-0.34	-0.21	0.79	0.88	0.92	0.84	-0.32	1.0	-0.91	0.63	-0.56	0.97	-0.09	1.0	-0.43	0.67	-0.44	-0.81	1.0	0.72	-1.0	-0.83
Net Debt	-0.33	-0.34		0.71	-0.15	-0.04	-0.16	-0.19	0.71	-0.34	0.31	0.28	-0.35	-0.36	-0.42	-0.35	0.26	0.13	0.73	0.45	-0.32	0.07	0.36	0.29
Retained Earnings	-0.19	-0.21	0.71		-0.05	0.24	0.02	0.23	0.47	-0.24	0.31	0.57	-0.6	-0.18	-0.59	-0.24	0.66	0.42	0.61	0.03	-0.18	0.47	0.25	0.07
Accounts Payable	0.8	0.79	-0.15	-0.05		0.69	0.87	0.69	-0.12	0.83	-0.68	0.5	-0.62	0.7	-0.05	0.78	-0.37	0.61	-0.31	-0.6	0.8	0.68	-0.79	-0.37
Net Receivables	0.89	0.88	-0.04	0.24	0.69		0.89	0.94	-0.13	0.86	-0.73	0.91	-0.78	0.85	-0.42	0.87	-0.05	0.82	-0.08	-0.75	0.89	0.92	-0.86	-0.81
Total Liab	0.93	0.92	-0.16	0.02	0.87	0.89		0.9	-0.1	0.93	-0.74	0.68	-0.77	0.85	-0.06	0.92	-0.37	0.8	-0.31	-0.77	0.93	0.82	-0.92	-0.7
Total Current Assets	0.85	0.84	-0.19	0.23	0.69	0.94	0.9		-0.21	0.83	-0.63	0.82	-0.75	0.8	-0.32	0.82	0.01	0.8	-0.16	-0.82	0.85	0.94	-0.82	-0.75
Short Term Debt	-0.31	-0.32	0.71	0.47	-0.12	-0.13	-0.1	-0.21		-0.32	0.45	0.06	-0.35	-0.4	0.06	-0.32	-0.05	0.13	0.58	0.57	-0.3	-0.13	0.32	0.29
Intangible Assets	1.0	1.0	-0.34	-0.24	0.83	0.86	0.93	0.83	-0.32		-0.91	0.59	-0.56	0.96	-0.06	0.99	-0.46	0.65	-0.46	-0.79	1.0	0.71	-1.0	-0.78
Common Stock	-0.9	-0.91	0.31	0.31	-0.68	-0.73	-0.74	-0.63	0.45	-0.91		-0.53	0.33	-0.93	0.21	-0.91	0.42	-0.47	0.48	0.72	-0.9	-0.57	0.91	0.73
Long Term Debt	0.64	0.63	0.28	0.57	0.5	0.91	0.68	0.82	0.06	0.59	-0.53		-0.81	0.63	-0.69	0.61	0.27	0.77	0.25	-0.55	0.65	0.91	-0.6	-0.62
Treasury Stock	-0.58	-0.56	-0.35	-0.6	-0.62	-0.78	-0.77	-0.75	-0.35	-0.56	0.33	-0.81		-0.52	0.24	-0.55	0.04	-0.92	-0.11	0.5	-0.59	-0.83	0.54	0.49
Property Plant Equipment	0.97	0.97	-0.36	-0.18	0.7	0.85	0.85	0.8	-0.4	0.96	-0.93	0.63	-0.52		-0.13	0.97	-0.39	0.66	-0.53	-0.86	0.97	0.7	-0.97	-0.88
Current Deferred Revenue	-0.09	-0.09	-0.42	-0.59	-0.05	-0.42	-0.06	-0.32	0.06	-0.06	0.21	-0.69	0.24	-0.13		-0.07	-0.7	-0.16	-0.53	0.12	-0.1	-0.5	0.05	0.14
Good Will	1.0	1.0	-0.35	-0.24	0.78	0.87	0.92	0.82	-0.32	0.99	-0.91	0.61	-0.55	0.97	-0.07		-0.46	0.66	-0.46	-0.8	1.0	0.7	-1.0	-0.83
Net Tangible Assets	-0.43	-0.43	0.26	0.66	-0.37	-0.05	-0.37	0.01	-0.05	-0.46	0.42	0.27	0.04	-0.39	-0.7	-0.46		-0.12	0.57	0.12	-0.42	0.18	0.47	0.26
Capital Surpluse	0.69	0.67	0.13	0.42	0.61	0.82	0.8	0.8	0.13	0.65	-0.47	0.77	-0.92	0.66	-0.16	0.66	-0.12		-0.07	-0.64	0.69	0.86	-0.66	-0.6
Deferred Long Term Liab	-0.44	-0.44	0.73	0.61	-0.31	-0.08	-0.31	-0.16	0.58	-0.46	0.48	0.25	-0.11	-0.53	-0.53	-0.46	0.57	-0.07		0.59	-0.43	0.0	0.47	0.42
Short Long Term Debt	-0.81	-0.81	0.45	0.03	-0.6	-0.75	-0.77	-0.82	0.57	-0.79	0.72	-0.55	0.5	-0.86	0.12	-0.8	0.12	-0.64	0.59		-0.81	-0.76	0.79	0.78
Net Invested Capital	1.0	1.0	-0.32	-0.18	0.8	0.89	0.93	0.85	-0.3	1.0	-0.9	0.65	-0.59	0.97	-0.1	1.0	-0.42	0.69	-0.43	-0.81		0.74	-1.0	-0.83
Net Working Capital	0.73	0.72	0.07	0.47	0.68	0.92	0.82	0.94	-0.13	0.71	-0.57	0.91	-0.83	0.7	-0.5	0.7	0.18	0.86	0.0	-0.76	0.74		-0.69	-0.61
Capital Stock	-1.0	-1.0	0.36	0.25	-0.79	-0.86	-0.92	-0.82	0.32	-1.0	0.91	-0.6	0.54	-0.97	0.05	-1.0	0.47	-0.66	0.47	0.79	-1.0	-0.69		0.82
Long Term Debt Total	-0.82	-0.83	0.29	0.07	-0.37	-0.81	-0.7	-0.75	0.29	-0.78	0.73	-0.62	0.49	-0.88	0.14	-0.83	0.26	-0.6	0.42	0.78	-0.83	-0.61	0.82

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Aspen Technology

In accordance with the company's disclosures, Aspen Technology has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Aspen Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Aspen Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aspen Technology's managers, analysts, and investors.

Environmental

Governance

Social

Aspen Technology Institutional Holders

Institutional Holdings refers to the ownership stake in Aspen Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aspen Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aspen Technology's value.

		Shares
Independent Franchise Partners Llp	2024-09-30	555.6 K
Wells Fargo & Co	2024-06-30	552.5 K
Lazard Asset Management Llc	2024-06-30	527 K
Wellington Management Company Llp	2024-06-30	526.7 K
Bamco Inc	2024-09-30	468 K
Clearbridge Advisors, Llc	2024-09-30	456.1 K
Fiera Capital Corporation	2024-06-30	340.2 K
Valley Forge Capital Management, Lp	2024-09-30	295.5 K
Raymond James & Associates	2024-09-30	282 K
Kayne Anderson Rudnick Investment Management Llc	2024-06-30	4.1 M
Blackrock Inc	2024-06-30	3.9 M

Aspen Fundamentals

	Return On Equity	-0.0028
	Return On Asset	-0.0051
	Profit Margin	(0.03) %
	Operating Margin	(0.41) %
	Current Valuation	15.74 B
	Shares Outstanding	63.25 M
	Shares Owned By Insiders	57.60 %
	Shares Owned By Institutions	47.34 %
	Number Of Shares Shorted	1.35 M
	Price To Earning	62.82 X
	Price To Book	1.24 X
	Price To Sales	14.50 X
	Revenue	1.13 B
	Gross Profit	331.87 M
	EBITDA	403.47 M
	Net Income	(9.77 M)
	Cash And Equivalents	382.46 M
	Cash Per Share	5.93 X
	Total Debt	98 M
	Debt To Equity	0.03 %
	Current Ratio	3.48 X
	Book Value Per Share	201.64 X
	Cash Flow From Operations	339.89 M
	Short Ratio	10.43 X
	Earnings Per Share	(0.58) X
	Price To Earnings To Growth	4.48 X
	Target Price	243.15
	Number Of Employees	1.19 K
	Beta	0.76
	Market Capitalization	15.87 B
	Total Asset	14.07 B
	Retained Earnings	(51.16 M)
	Working Capital	538.66 M
	Current Asset	240.14 M
	Current Liabilities	164.02 M
	Annual Yield	0.01 %
	Net Asset	14.07 B

About Aspen Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aspen Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aspen Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aspen Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Aspen Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspen Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspen Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aspen Stock

0.69	DJCO	Daily Journal Corp	Pair Corr
0.68	AI	C3 Ai Inc Trending	Pair Corr
0.84	BL	Blackline	Pair Corr
0.66	DT	Dynatrace Holdings LLC Sell-off Trend	Pair Corr

Moving against Aspen Stock

0.72	VERB	VERB TECHNOLOGY PANY Trending	Pair Corr
0.53	EGAN	eGain	Pair Corr
0.48	VTEX	VTEX	Pair Corr
0.36	DMAN	Innovativ Media Group	Pair Corr
0.35	VCSA	Vacasa Inc	Pair Corr

The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspen Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspen Technology to buy it.

The correlation of Aspen Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Aspen Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:

How To Invest In Aspen

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Is Aspen Stock a good investment?

Details

What is Aspen Technology's Net Worth?

Details

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Check out Aspen Technology Piotroski F Score and Aspen Technology Valuation analysis.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aspen Technology. If investors know Aspen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aspen Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.682

Earnings Share

(0.58)

Revenue Per Share

17.245

Quarterly Revenue Growth

(0.13)

Return On Assets

(0.01)

The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Aspen Technology Stock Z Score

Aspen Technology Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Aspen Z Score Driver Correlations

Aspen Technology ESG Sustainability

Aspen Technology Institutional Holders

Aspen Fundamentals

About Aspen Technology Fundamental Analysis

Pair Trading with Aspen Technology

Moving together with Aspen Stock

Moving against Aspen Stock

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