Aspen Technology Stock Z Score

AZPN Stock  USD 213.47  5.56  2.67%   
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 28th of March 2024, Net Working Capital is likely to grow to about 580.4 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 28th of March 2024, Cost Of Revenue is likely to grow to about 451.1 M, while Interest Expense is likely to drop about 3 M.

Aspen 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..
 2021 2023 2024 (projected)
Interest Expense3.5M3.1M3.0M
Depreciation And Amortization158.0M565.1M593.4M

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.
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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

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 Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aspen Technology's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aspen Technology could also be used in its relative valuation, which is a method of valuing Aspen Technology by comparing valuation metrics of similar companies.
Aspen Technology is currently under evaluation in z score category among related companies.

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
Clearbridge Advisors, Llc2023-12-31
497.9 K
Sumitomo Mitsui Trust Holdings Inc2023-12-31
415.7 K
Independent Franchise Partners Llp2023-12-31
413.1 K
Lazard Asset Management Llc2023-12-31
369.7 K
Dimensional Fund Advisors, Inc.2023-12-31
313.1 K
Valley Forge Capital Management, Lp2023-12-31
295.5 K
Credit Suisse First Boston (csfb)2023-12-31
294.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
272.9 K
Two Creeks Capital Management, Lp2023-12-31
265.8 K
Blackrock Inc2023-12-31
5.3 M
Kayne Anderson Rudnick Investment Management Llc2023-12-31
3.8 M

Aspen Fundamentals

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.
Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. Aspen Technology, Inc. was incorporated in 2021 and is headquartered in Bedford, Massachusetts. Aspen Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 3700 people.

Aspen Technology Investors Sentiment

The influence of Aspen Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aspen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Aspen Technology's public news can be used to forecast risks associated with an investment in Aspen. The trend in average sentiment can be used to explain how an investor holding Aspen can time the market purely based on public headlines and social activities around Aspen Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aspen Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aspen Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aspen Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aspen Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aspen Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aspen Technology's short interest history, or implied volatility extrapolated from Aspen Technology options trading.

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 against Aspen Stock

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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 CorrelationCorrelation 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:
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Aspen Stock analysis

When running Aspen Technology's price analysis, check to measure Aspen Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aspen Technology is operating at the current time. Most of Aspen Technology's value examination focuses on studying past and present price action to predict the probability of Aspen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Technology's price. Additionally, you may evaluate how the addition of Aspen Technology to your portfolios can decrease your overall portfolio volatility.
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Is Aspen Technology's industry 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
(0.63)
Earnings Share
(1.35)
Revenue Per Share
16.424
Quarterly Revenue Growth
0.059
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.