Aspen Group (CHIA:APZ) - Stock Price, News & Analysis

APZ Stock Overview

Aspen is a leading provider of quality accommodation on competitive terms in residential, retirement and park communities. More details

APZ fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	1/6
Dividends	3/6

Rewards

Trading at 61.9% below our estimate of its fair value

Earnings are forecast to grow 17.77% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins (53.2%) are lower than last year (82.6%)

Shareholders have been diluted in the past year

+ 1 more risk

Aspen Group Competitors

Centuria Capital Group

ASX:CNI

AU$1.6b

WOTSO Property

ASX:WOT

AU$124.9m

Aims Property Securities Fund

ASX:APW

AU$75.9m

Stockland

ASX:SGP

AU$12.4b

Price History & Performance

Summary of all time highs, changes and price drops for Aspen Group
Historical stock prices
Current Share Price	AU$2.60
52 Week High	AU$2.60
52 Week Low	AU$1.65
Beta	0.49
11 Month Change	20.93%
3 Month Change	20.93%
1 Year Change	50.29%
33 Year Change	52.05%
5 Year Change	125.11%
Change since IPO	95.49%

Recent updates

Shareholder Returns

	APZ	AU REITs	AU Market
7D	8.8%	0.5%	0.9%
1Y	50.3%	22.1%	18.4%

Return vs Industry: APZ exceeded the Australian REITs industry which returned 22.1% over the past year.

Return vs Market: APZ exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is APZ's price volatile compared to industry and market?
APZ volatility
APZ Average Weekly Movement	4.0%
REITs Industry Average Movement	3.6%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: APZ has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: APZ's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	n/a	John Carter	www.aspengroup.com.au

Aspen is a leading provider of quality accommodation on competitive terms in residential, retirement and park communities. Our core target customer base is the 40% of Australian households that can pay no more than $400 per week in rent or $400,000 purchase price for their housing needs.

Aspen Group Fundamentals Summary

How do Aspen Group's earnings and revenue compare to its market cap?
APZ fundamental statistics
Market cap	AU$526.55m
Earnings (TTM)	AU$48.44m
Revenue (TTM)	AU$91.14m

10.9x

P/E Ratio

5.8x

P/S Ratio

Is APZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APZ income statement (TTM)
Revenue	AU$91.14m
Cost of Revenue	AU$41.15m
Gross Profit	AU$49.99m
Other Expenses	AU$1.55m
Earnings	AU$48.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	54.85%
Net Profit Margin	53.15%
Debt/Equity Ratio	45.9%

How did APZ perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

49%

Payout Ratio

APZ Stock Overview

Rewards

Risk Analysis

Aspen Group Competitors

ASX:CNI

AU$1.6b

ASX:WOT

AU$124.9m

ASX:APW

AU$75.9m

ASX:SGP

AU$12.4b

Price History & Performance

Recent News & Updates

Aspen Group Limited Announces Board Changes

Independent Non-Executive Director recently bought AU$398k worth of stock

Aspen Group, Annual General Meeting, Nov 15, 2024

Aspen Group Provides Distribution Guidance for the Fiscal Year 2025

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.31 in FY 2023)

First half dividend of AU$0.043 announced

Recent updates

Aspen Group Limited Announces Board Changes

Independent Non-Executive Director recently bought AU$398k worth of stock

Aspen Group, Annual General Meeting, Nov 15, 2024

Aspen Group Provides Distribution Guidance for the Fiscal Year 2025

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.31 in FY 2023)

First half dividend of AU$0.043 announced

Aspen Group to Report Fiscal Year 2024 Results on Aug 15, 2024

New minor risk - Shareholder dilution

Independent Non-Executive Chairman recently bought AU$77k worth of stock

Aspen Group (ASX:APZ) cancelled the acquisition of remaining 86.3% stake in Eureka Group Holdings Limited (ASX:EGH).

First half 2024 earnings released: EPS: AU$0.12 (vs AU$0.15 in 1H 2023)

Eureka Targeted as Takeovers Kick Off

Upcoming dividend of AU$0.043 per share at 4.9% yield

Aspen Group Declares Dividend for the Period of Six Months Ending December 31, 2023, Payable on February 29, 2024

Aspen Group, Annual General Meeting, Nov 22, 2023

Aspen Group, Annual General Meeting, Nov 22, 2023

Independent Non-Executive Chairman recently bought AU$65k worth of stock

Aspen Group Limited Appoints Edwina Gilbert as Director

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: AU$0.31 (vs AU$0.55 in FY 2022)

Independent Non-Executive Chairman recently bought AU$90k worth of stock

First half 2023 earnings released: EPS: AU$0.15 (vs AU$0.22 in 1H 2022)

Aspen Group (ASX:APZ) agreed to acquire Black Dolphin Resort Motel for AUD 5.2 million.

Upcoming dividend of AU$0.035 per share

Aspen Group Estimates Distribution for the First Half of Fiscal Year 2023, Payable on or About 24 February 2023

Less than half of directors are independent

Now 22% undervalued

Aspen Group has completed a Follow-on Equity Offering in the amount of AUD 36.34 million.

Aspen Group, Annual General Meeting, Nov 18, 2022

Full year 2022 earnings released: EPS: AU$0.55 (vs AU$0.22 in FY 2021)

Insufficient new directors

Aspen Group Announces Dividend Distribution for the Second Half of Fiscal Year 2022, Payable on 25 August 2022

Insufficient new directors

Aspen Group Announces Estimated Distribution for the Second Half of Fiscal Year 2022, Payable on or About 25 August 2022

Aspen Group to Report Fiscal Year 2022 Results on Aug 18, 2022

Insufficient new directors

Independent Non-Executive Chairman recently bought AU$57k worth of stock

Insufficient new directors

Insufficient new directors

Aspen Group (ASX:APZ) completed the acquisition of Meadowbrooke Lifestyle Estate in Boyanup.

Joint CEO & Executive Director recently bought AU$969k worth of stock

Aspen Group (ASX:APZ) completed the acquisition of Wodonga Gardens Retirement Estate.

Full year 2021 earnings released: EPS AU$0.22 (vs AU$0.12 in FY 2020)

Aspen Group has completed a Follow-on Equity Offering in the amount of AUD 23.21515 million.

Aspen Group (ASX:APZ) signed a definitive agreement to acquire Wodonga Gardens Retirement Estate for AUD 6 million.

Aspen Group (ASX:APZ) completed the acquisition of Lewis Fields Retirement Village.

Aspen Group (ASX:APZ) entered into conditional contract to acquire Lewis Fields Retirement Village for AUD 2.4 million.

Aspen Group (ASX:APZ) completed the acquisition of build-to-rent development at Burleigh Heads, Queensland.

Independent Non-Executive Chairman recently bought AU$401k worth of stock

Aspen Group to Report First Half, 2021 Results on Feb 25, 2021

New 90-day high: AU$1.21

Aspen Group Announces Change of Joint Company Secretary

New 90-day high: AU$1.14

Shareholder Returns

Price Volatility

About the Company

Aspen Group Fundamentals Summary

10.9x

5.8x