Aspen Group
Market Cap
US$238.7m
Last Updated
2020/10/28 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Aspen Group, Inc., an education technology company, provides online higher education services in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with high growth potential.
Similar Companies
Share Price & News
How has Aspen Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASPU has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.8%
ASPU
-6.0%
US Consumer Services
-1.1%
US Market
1 Year Return
65.5%
ASPU
32.8%
US Consumer Services
15.0%
US Market
Return vs Industry: ASPU exceeded the US Consumer Services industry which returned 36.2% over the past year.
Return vs Market: ASPU exceeded the US Market which returned 15.6% over the past year.
Shareholder returns
| ASPU | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.8% | -6.0% | -1.1% |
| 30 Day | -5.8% | -4.0% | 2.9% |
| 90 Day | 19.7% | -3.4% | 5.7% |
| 1 Year | 65.5%65.5% | 33.2%32.8% | 17.6%15.0% |
| 3 Year | 30.7%30.7% | 61.6%55.8% | 38.9%29.7% |
| 5 Year | 451.6%451.6% | 243.8%219.8% | 78.4%58.4% |
Price Volatility Vs. Market
How volatile is Aspen Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Quick Analysis On Aspen Group's (NASDAQ:ASPU) CEO Compensation1 month ago | Simply Wall St
Health Check: How Prudently Does Aspen Group (NASDAQ:ASPU) Use Debt?1 month ago | Simply Wall St
Do Institutions Own Aspen Group, Inc. (NASDAQ:ASPU) Shares?Valuation
Is Aspen Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASPU ($10.59) is trading below our estimate of fair value ($37.48)
Significantly Below Fair Value: ASPU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASPU is unprofitable, so we can't compare its PE Ratio to the US Consumer Services industry average.
PE vs Market: ASPU is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASPU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASPU is overvalued based on its PB Ratio (5.4x) compared to the US Consumer Services industry average (2.7x).
Next Steps
Future Growth
How is Aspen Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
87.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASPU is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: ASPU is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ASPU's is expected to become profitable in the next 3 years.
Revenue vs Market: ASPU's revenue (25.5% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: ASPU's revenue (25.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASPU's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Aspen Group performed over the past 5 years?
-26.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASPU is currently unprofitable.
Growing Profit Margin: ASPU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ASPU is unprofitable, and losses have increased over the past 5 years at a rate of 26.2% per year.
Accelerating Growth: Unable to compare ASPU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASPU is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (3%).
Return on Equity
High ROE: ASPU has a negative Return on Equity (-10.36%), as it is currently unprofitable.
Next Steps
Financial Health
How is Aspen Group's financial position?
Financial Position Analysis
Short Term Liabilities: ASPU's short term assets ($34.7M) exceed its short term liabilities ($11.4M).
Long Term Liabilities: ASPU's short term assets ($34.7M) exceed its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: ASPU's debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: ASPU's debt to equity ratio has reduced from 97.7% to 19.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASPU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASPU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Aspen Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASPU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASPU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASPU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASPU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASPU's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Mike Mathews (58 yo)
8.58yrs
Tenure
US$945,024
Compensation
Mr. Michael D. Mathews, also known as Mike, has been the Chief Executive Officer at Aspen Group, Inc. since March 2012. Mr. Mathews has been the Chief Executive Officer of Aspen University Inc., the subsid ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD945.02K) is about average for companies of similar size in the US market ($USD1.27M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 8.58yrs | US$945.02k | 3.72% $ 8.9m | |
| CFO & Director | 1.83yrs | US$1.31m | 0.092% $ 220.4k | |
| Chief Operating Officer | 6.58yrs | US$688.50k | 0.37% $ 873.9k | |
| Chief Academic Officer | 3.33yrs | US$688.50k | 0.17% $ 401.2k | |
| Chief Accounting Officer | 0.83yr | no data | 0.017% $ 40.2k | |
| Chief Nursing Officer | 1yr | no data | 0.022% $ 53.1k |
2.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: ASPU's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 8.58yrs | US$945.02k | 3.72% $ 8.9m | |
| CFO & Director | 1.83yrs | US$1.31m | 0.092% $ 220.4k | |
| Independent Director | 8.58yrs | US$35.00k | 0.84% $ 2.0m | |
| Independent Director | 6.33yrs | US$49.33k | 0.39% $ 940.3k | |
| Independent Director | 8.58yrs | US$30.40k | 0.15% $ 369.6k | |
| Independent Director | 0.25yr | no data | no data | |
| Independent Director | 3.92yrs | US$24.70k | 0.12% $ 276.1k | |
| Independent Director | 0.25yr | no data | no data |
3.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ASPU's board of directors are considered experienced (3.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASPU insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.9%.
Top Shareholders
Company Information
Aspen Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aspen Group, Inc.
- Ticker: ASPU
- Exchange: NasdaqGM
- Founded: 1987
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$238.688m
- Shares outstanding: 22.50m
- Website: https://www.aspu.com
Number of Employees
Location
- Aspen Group, Inc.
- 276 Fifth Avenue
- Suite 505
- New York
- New York
- 10001
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASPU | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Mar 2012 |
Biography
Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor’s, master’s, and doctora ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/28 00:03 |
| End of Day Share Price | 2020/10/27 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2020/04/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.