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ASPN

Aspen AerogelsNYSE:ASPN Stock Report

Market Cap

US$1.7b

7D

-11.0%

1Y

256.5%

Updated

04 Dec, 2021

Data

Company Financials +
ASPN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ASPN Stock Overview

Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America.

Aspen Aerogels Competitors

Compagnie de Saint-Gobain

ENXTPA:SGO

€30.1b

Owens Corning

NYSE:OC

US$9.1b

ROCKWOOL International

CPSE:ROCK B

kr.54.9b

Cabot

NYSE:CBT

US$3.2b

Price History & Performance

Summary of all time highs, changes and price drops for Aspen Aerogels
Historical stock prices
Current Share PriceUS$51.45
52 Week HighUS$65.99
52 Week LowUS$14.17
Beta1.52
1 Month Change-0.87%
3 Month Change16.38%
1 Year Change256.55%
3 Year Change1,698.95%
5 Year Change1,104.92%
Change since IPO378.61%

Recent News & Updates

Oct 24
Is Aspen Aerogels, Inc. (NYSE:ASPN) Worth US$44.4 Based On Its Intrinsic Value?

Is Aspen Aerogels, Inc. (NYSE:ASPN) Worth US$44.4 Based On Its Intrinsic Value?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Aspen Aerogels, Inc...

Sep 28
Is Aspen Aerogels (NYSE:ASPN) Using Too Much Debt?

Is Aspen Aerogels (NYSE:ASPN) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ASPNUS Energy ServicesUS Market
7D-11.0%-0.7%-2.7%
1Y256.5%13.2%16.6%

Return vs Industry: ASPN exceeded the US Energy Services industry which returned 21.9% over the past year.

Return vs Market: ASPN exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is ASPN's price volatile compared to industry and market?
ASPN volatility
ASPN Average Weekly Movement8.1%
Energy Services Industry Average Movement7.7%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: ASPN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ASPN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001290Don Younghttps://www.aerogel.com

Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy grid industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft Grey and Spaceloft A2 for use in the building materials market; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems.

Aspen Aerogels Fundamentals Summary

How do Aspen Aerogels's earnings and revenue compare to its market cap?
ASPN fundamental statistics
Market CapUS$1.70b
Earnings (TTM)-US$26.93m
Revenue (TTM)US$113.17m

15.0x

P/S Ratio

-63.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASPN income statement (TTM)
RevenueUS$113.17m
Cost of RevenueUS$97.74m
Gross ProfitUS$15.43m
ExpensesUS$42.36m
Earnings-US$26.93m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.81
Gross Margin13.63%
Net Profit Margin-23.80%
Debt/Equity Ratio0%

How did ASPN perform over the long term?

See historical performance and comparison

Valuation

Is Aspen Aerogels undervalued compared to its fair value and its price relative to the market?

11.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ASPN ($51.45) is trading above our estimate of fair value ($38.34)

Significantly Below Fair Value: ASPN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ASPN is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: ASPN 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 ASPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASPN is overvalued based on its PB Ratio (11.9x) compared to the US Energy Services industry average (1x).


Future Growth

How is Aspen Aerogels forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

61.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASPN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: ASPN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ASPN's is expected to become profitable in the next 3 years.

Revenue vs Market: ASPN's revenue (32.7% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: ASPN's revenue (32.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ASPN's Return on Equity is forecast to be low in 3 years time (5.9%).


Past Performance

How has Aspen Aerogels performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASPN is currently unprofitable.

Growing Profit Margin: ASPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASPN is unprofitable, and losses have increased over the past 5 years at a rate of 6.9% per year.

Accelerating Growth: Unable to compare ASPN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASPN is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-3.2%).


Return on Equity

High ROE: ASPN has a negative Return on Equity (-18.9%), as it is currently unprofitable.


Financial Health

How is Aspen Aerogels's financial position?


Financial Position Analysis

Short Term Liabilities: ASPN's short term assets ($127.1M) exceed its short term liabilities ($28.3M).

Long Term Liabilities: ASPN's short term assets ($127.1M) exceed its long term liabilities ($16.9M).


Debt to Equity History and Analysis

Debt Level: ASPN is debt free.

Reducing Debt: ASPN had no debt 5 years ago.


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: ASPN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ASPN has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.1% each year.


Dividend

What is Aspen Aerogels's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASPN'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 ASPN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASPN'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 ASPN'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?

6.3yrs

Average management tenure


CEO

Don Young (64 yo)

20.08yrs

Tenure

US$2,298,852

Compensation

Mr. Donald R. Young, also known as Don, has been the President, Chief Executive Officer and Director of Aspen Aerogels, Inc. since November 2001. Mr. Young possesses specific attributes that qualify him to...


CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD2.30M) is below average for companies of similar size in the US market ($USD3.72M).

Compensation vs Earnings: Don's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ASPN's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: ASPN's board of directors are seasoned and experienced ( 11.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 23.1%.


Top Shareholders

Company Information

Aspen Aerogels, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Aspen Aerogels, Inc.
  • Ticker: ASPN
  • Exchange: NYSE
  • Founded: 2001
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$1.702b
  • Shares outstanding: 33.08m
  • Website: https://www.aerogel.com

Number of Employees


Location

  • Aspen Aerogels, Inc.
  • Building B
  • 30 Forbes Road
  • Northborough
  • Massachusetts
  • 1532
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:02
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.