ANSYS
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The last earnings update was 22 days ago. More info.
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ANSS Share Price and Events
7 Day Returns
1 Year Returns
ANSS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| ANSYS (ANSS) | -1.8% | 1.4% | 26.4% | 12.3% | 103% | 132.7% |
| US Software | 1.4% | 5.2% | 22.7% | 26.7% | 110.9% | 140.1% |
| US Market | 0.4% | 1.6% | 16.4% | 3.5% | 39.4% | 44% |
1 Year Return vs Industry and Market
- ANSS underperformed the Software industry which returned 26.7% over the past year.
- ANSS outperformed the Market in United States of America which returned 3.5% over the past year.
ANSS Value
Is ANSYS undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
ANSYS
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for ANSYS.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 15 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.3% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Software Unlevered Beta | Simply Wall St/ S&P Global | 1.14 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 21%) (0%)) |
1.094 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.09 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.094 * 5.96%) |
9.25% |
Discounted Cash Flow Calculation for NasdaqGS:ANSS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for ANSYS is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.25%) |
|
|---|---|---|---|
| 2019 | 472.21 | Analyst x8 | 432.22 |
| 2020 | 508.94 | Analyst x8 | 426.38 |
| 2021 | 634.03 | Analyst x3 | 486.20 |
| 2022 | 717.50 | Analyst x1 | 503.60 |
| 2023 | 803.20 | Analyst x1 | 516.01 |
| 2024 | 873.19 | Est @ 8.71% | 513.46 |
| 2025 | 933.61 | Est @ 6.92% | 502.49 |
| 2026 | 986.47 | Est @ 5.66% | 485.97 |
| 2027 | 1,033.65 | Est @ 4.78% | 466.09 |
| 2028 | 1,076.72 | Est @ 4.17% | 444.39 |
| Present value of next 10 years cash flows | $4,776.80 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $1,076.72 × (1 + 2.73%) ÷ (9.25% – 2.73%) |
$16,956.83 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $16,956.83 ÷ (1 + 9.25%)10 |
$6,998.54 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $4,776.80 + $6,998.54 |
$11,775.34 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $11,775.34 / 83.77 |
$140.56 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $140.56 |
| Current discount | Discount to share price of
$177.18
= -1 x ($177.18 - $140.56) / $140.56 |
-26% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of ANSYS is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for ANSYS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
ANSYS's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $4.99 |
| NasdaqGS:ANSS Share Price ** | NasdaqGS (2019-03-22) in USD | $177.18 |
| United States of America Software Industry PE Ratio | Median Figure of 84 Publicly-Listed Software Companies | 52.88x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.52x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of ANSYS.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:ANSS Share Price ÷ EPS (both in USD) = 177.18 ÷ 4.99 |
35.48x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- ANSYS is good value based on earnings compared to the US Software industry average.
- ANSYS is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
ANSYS's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 35.48x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts |
5.8%per year |
| United States of America Software Industry PEG Ratio | Median Figure of 66 Publicly-Listed Software Companies | 3.6x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 35.48x ÷ 5.8% |
6.12x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- ANSYS is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
ANSYS's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $31.68 |
| NasdaqGS:ANSS Share Price * | NasdaqGS (2019-03-22) in USD | $177.18 |
| United States of America Software Industry PB Ratio | Median Figure of 220 Publicly-Listed Software Companies | 5.79x |
| United States of America Market PB Ratio | Median Figure of 5,157 Publicly-Listed Companies | 1.88x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:ANSS Share Price ÷ Book Value per Share (both in USD) = 177.18 ÷ 31.68 |
5.59x |
* Primary Listing of ANSYS.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- ANSYS is good value based on assets compared to the US Software industry average.
Value checks
We assess ANSYS's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) ANSYS has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
ANSS Future Performance
How is ANSYS expected to perform in the next 1 to 3 years based on estimates from 15 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- ANSYS's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- ANSYS's earnings growth is positive but not above the United States of America market average.
- ANSYS's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:ANSS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts | 5.8% |
| NasdaqGS:ANSS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts | 9.2% |
| United States of America Software Industry Earnings Growth Rate | Market Cap Weighted Average | 16.1% |
| United States of America Software Industry Revenue Growth Rate | Market Cap Weighted Average | 10.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 2,114 | 1 | ||
| 2022-12-31 | 1,939 | 1 | ||
| 2021-12-31 | 1,742 | 660 | 502 | 6 |
| 2020-12-31 | 1,593 | 574 | 452 | 15 |
| 2019-12-31 | 1,444 | 506 | 397 | 15 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1,294 | 486 | 419 |
| 2018-09-30 | 1,181 | 457 | 319 |
| 2018-06-30 | 1,167 | 436 | 303 |
| 2018-03-31 | 1,125 | 437 | 280 |
| 2017-12-31 | 1,095 | 430 | 259 |
| 2017-09-30 | 1,064 | 426 | 277 |
| 2017-06-30 | 1,034 | 422 | 273 |
| 2017-03-31 | 1,016 | 381 | 272 |
| 2016-12-31 | 988 | 366 | 266 |
| 2016-09-30 | 969 | 376 | 264 |
| 2016-06-30 | 961 | 369 | 260 |
| 2016-03-31 | 951 | 364 | 253 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
All data from ANSYS Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 5.89 | 6.34 | 5.65 | 3.00 |
| 2020-12-31 | 5.29 | 5.95 | 4.98 | 11.00 |
| 2019-12-31 | 4.63 | 4.96 | 4.46 | 11.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 4.99 |
| 2018-09-30 | 3.79 |
| 2018-06-30 | 3.59 |
| 2018-03-31 | 3.31 |
| 2017-12-31 | 3.05 |
| 2017-09-30 | 3.24 |
| 2017-06-30 | 3.17 |
| 2017-03-31 | 3.15 |
| 2016-12-31 | 3.05 |
| 2016-09-30 | 3.00 |
| 2016-06-30 | 2.94 |
| 2016-03-31 | 2.84 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess ANSYS's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
ANSYS has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
ANSS Past Performance
How has ANSYS performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- ANSYS's year on year earnings growth rate has been positive over the past 5 years.
- ANSYS's 1-year earnings growth exceeds its 5-year average (61.8% vs 6%)
- ANSYS's earnings growth has exceeded the US Software industry average in the past year (61.8% vs 26.2%).
Earnings and Revenue History
All data from ANSYS Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 1,293.64 | 419.38 | 410.08 | 233.80 |
| 2018-09-30 | 1,180.54 | 318.80 | 389.70 | 230.93 |
| 2018-06-30 | 1,166.71 | 303.09 | 372.04 | 221.95 |
| 2018-03-31 | 1,124.72 | 280.23 | 354.93 | 212.10 |
| 2017-12-31 | 1,095.25 | 259.25 | 337.54 | 195.95 |
| 2017-09-30 | 1,063.54 | 276.65 | 313.13 | 192.28 |
| 2017-06-30 | 1,033.82 | 272.58 | 294.66 | 187.66 |
| 2017-03-31 | 1,015.96 | 272.47 | 283.26 | 186.60 |
| 2016-12-31 | 988.47 | 265.64 | 269.12 | 183.09 |
| 2016-09-30 | 969.48 | 263.67 | 255.33 | 178.93 |
| 2016-06-30 | 961.46 | 260.15 | 255.16 | 178.29 |
| 2016-03-31 | 950.88 | 252.86 | 254.12 | 173.49 |
| 2015-12-31 | 942.75 | 252.52 | 253.60 | 168.83 |
| 2015-09-30 | 945.48 | 254.13 | 253.11 | 169.61 |
| 2015-06-30 | 941.64 | 253.58 | 250.02 | 165.86 |
| 2015-03-31 | 938.53 | 254.28 | 248.48 | 165.31 |
| 2014-12-31 | 936.02 | 254.69 | 245.28 | 165.42 |
| 2014-09-30 | 917.67 | 260.99 | 234.99 | 161.13 |
| 2014-06-30 | 896.32 | 257.94 | 228.26 | 158.98 |
| 2014-03-31 | 878.80 | 250.85 | 221.74 | 155.55 |
| 2013-12-31 | 861.26 | 245.33 | 218.31 | 151.44 |
| 2013-09-30 | 845.99 | 225.46 | 218.07 | 147.77 |
| 2013-06-30 | 830.24 | 214.65 | 215.72 | 142.39 |
| 2013-03-31 | 810.41 | 208.97 | 208.84 | 137.13 |
| 2012-12-31 | 798.02 | 203.48 | 204.28 | 132.63 |
| 2012-09-30 | 775.48 | 194.88 | 199.00 | 128.17 |
| 2012-06-30 | 751.51 | 188.80 | 193.08 | 123.57 |
| 2012-03-31 | 718.75 | 183.97 | 183.03 | 115.33 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- ANSYS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- ANSYS used its assets more efficiently than the US Software industry average last year based on Return on Assets.
- ANSYS has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess ANSYS's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
ANSYS has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
ANSS Health
How is ANSYS's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up ANSYS's finances.
The net worth of a company is the difference between its assets and liabilities.
- ANSYS is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- ANSYS's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- ANSYS has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from ANSYS Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,649.55 | 0.00 | 777.36 |
| 2018-09-30 | 2,548.55 | 0.00 | 729.39 |
| 2018-06-30 | 2,507.48 | 0.00 | 696.16 |
| 2018-03-31 | 2,407.36 | 0.00 | 889.77 |
| 2017-12-31 | 2,245.83 | 0.00 | 881.79 |
| 2017-09-30 | 2,287.25 | 0.00 | 926.64 |
| 2017-06-30 | 2,189.42 | 0.00 | 863.48 |
| 2017-03-31 | 2,211.45 | 0.00 | 866.56 |
| 2016-12-31 | 2,208.41 | 0.00 | 822.86 |
| 2016-09-30 | 2,229.77 | 0.00 | 838.27 |
| 2016-06-30 | 2,235.86 | 0.00 | 843.77 |
| 2016-03-31 | 2,233.90 | 0.00 | 863.88 |
| 2015-12-31 | 2,194.43 | 0.00 | 784.61 |
| 2015-09-30 | 2,211.60 | 0.00 | 776.92 |
| 2015-06-30 | 2,241.31 | 0.00 | 841.17 |
| 2015-03-31 | 2,151.27 | 0.00 | 761.18 |
| 2014-12-31 | 2,217.50 | 0.00 | 788.78 |
| 2014-09-30 | 2,255.72 | 0.00 | 817.47 |
| 2014-06-30 | 2,219.77 | 0.03 | 783.56 |
| 2014-03-31 | 2,208.71 | 0.10 | 858.24 |
| 2013-12-31 | 2,136.25 | 0.00 | 742.99 |
| 2013-09-30 | 2,088.30 | 0.00 | 707.77 |
| 2013-06-30 | 1,997.84 | 26.57 | 659.86 |
| 2013-03-31 | 2,005.89 | 26.57 | 651.48 |
| 2012-12-31 | 1,940.29 | 53.15 | 577.16 |
| 2012-09-30 | 1,896.49 | 79.72 | 555.34 |
| 2012-06-30 | 1,820.85 | 106.30 | 551.95 |
| 2012-03-31 | 1,820.89 | 116.93 | 558.45 |
- ANSYS has no debt.
- ANSYS had no debt 5 years ago.
- ANSYS has no debt, it does not need to be covered by operating cash flow.
- ANSYS has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess ANSYS's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) ANSYS has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
ANSS Dividends
What is ANSYS's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
ANSYS
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate ANSYS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate ANSYS's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
| United States of America Software Industry Average Dividend Yield | Market Cap Weighted Average of 24 Stocks | 1.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2006 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.00 | 2.00 |
| 2020-12-31 | 0.00 | 2.00 |
| 2019-12-31 | 0.00 | 2.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as ANSYS has not reported any payouts.
- Unable to verify if ANSYS's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess ANSYS's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can ANSYS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) ANSYS has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
ANSS Management
CEO
| COMPENSATION | $10,299,060 |
| AGE | 56 |
| TENURE AS CEO | 2.2 years |
CEO Bio
Dr. Ajei S. Gopal, Ph.D., has been the Chief Executive Officer of Ansys, Inc. since January 1, 2017. Dr. Gopal has been the President of ANSYS, Inc. since August 29, 2016. He served in leadership roles at Symantec, Hewlett-Packard, CA Technologies, IBM and ANSYS. He served as Chief Operating Officer of Ansys, Inc. since August 29, 2016 until December 2016. He served as an Interim President and Chief Operating Officer of Symantec Corporation since April 2016 until August 1, 2016. Dr. Gopal founded a startup in the early 2000s and served as an Operating Partner, Value Creation at Silver Lake Partners. He rejoined Silver Lake in 2016 as an Operating Partner. Prior to this, he served as an Operating Executive, Value Creation at Silver Lake. He works broadly across the firm's portfolio companies to drive operational improvements. Most recently, he served as Senior Vice President and General Manager in the IT Management Business Unit of HP Software, responsible for the product and technology portfolio as well as the overall success of the business. He joined HP software in 2011. Dr. Gopal served as a Member of Business Strategy and Development Focus Team of Veracode, Inc. since April 2007. Dr. Gopal served as an Executive Vice President of Products & Technology Group at CA, Inc. (formerly, CA Technologies, Inc.) since February 2009. He served as an Executive Vice President of Technology & Development at CA, Inc. until May 20, 2011. Dr. Gopal served as Executive Vice President for Enterprise IT Management (EITM) Group of CA, Inc. since January 2008. He served as Chief Technology Officer and Executive Vice President of Symantec Corporation. Dr. Gopal served as Senior Vice President and General Manager of Enterprise Systems Management (ESM) business unit of CA from August 1, 2006 to May 2007. Dr. Gopal joined CA in 2006 from Symantec Corp. He served as Senior Vice President and General Manager of Hewlett-Packard. He served as Senior Vice President of Technology & Corporate Development of Symantec Corp. since August 30, 2004. Dr. Gopal joined Symantec in 2004 as Senior Vice President of Global Technology & Corporate Development. He served as Senior Vice President of Solutions, Alliances & Operations of Symantec Corp., and was responsible for Symantec's technical and product operations in India, China and Japan. In 2000, Dr. Gopal co-founded ReefEdge Networks LLC in 2000 and served as its President and Chief Operating Officer since March 2004. He served as Chief Technology Officer for Pervasive Computing Division at IBM, where his responsibilities included product and technology strategy; product architecture and development; and technology partnerships. He spent 9 years at IBM. While at IBM, he also held a variety of positions in the Research Division from 1991 to 1997 where he conducted and managed research in the areas of systems management, distributed and clustered systems and operating systems. He served as Chief Technology Officer and Senior Vice President of Veritas Software Corp. From 1984 to 1987, Dr. Gopal served as a Member of the technical staff in the Applied Research Division at Bell Communications Research (now Telcordia), where he conducted research in architectures to support multimedia telephony application. Dr. Gopal is a 30 plus year software and technology industry veteran. He has been an Independent Director of Citrix Systems, Inc. since September 20, 2017. He has been a Director of Ansys, Inc. since February 2011. He serves as a Director of CA, Inc. He served as a Director of ReefEdge Networks LLC since 2000. He served as a Member of Advisory Board of Veracode, Inc. Dr. Gopal has nearly twenty years of industry experience. He is the author of 23 issued U.S. patents and numerous publications. Dr. Gopal holds a Ph.D. degree in Computer Science from Cornell University. He holds a Master of Science degree from Cornell and a Master of Science degree from the University of Arizona and holds B.Tech. in Mechanical Engineering from the Indian Institute of Technology in Bombay.
CEO Compensation
- Ajei's compensation has been consistent with company performance over the past year.
- Ajei's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the ANSYS management team in years:
- The average tenure for the ANSYS management team is less than 2 years, this suggests a new team.
Management Team
Ajei Gopal
President
$10M
56
2.2 yrs
Maria Shields
CFO, Senior VP of Finance and Administration & Principal Accounting Officer
$4M
53
20.5 yrs
Rick Mahoney
Senior Vice President of Worldwide Sales & Customer Excellence
$3M
55
2.3 yrs
Shane Emswiler
VP and GM of Mechanical
$2M
42
1.9 yrs
Mark Hindsbo
VP - Design & Platform Business Unit and GM - Design & Platform Business Unit
$2M
46
1.9 yrs
Fernando Esquivel
Executive Officer
$2M
0.3 yrs
Prith Banerjee
Chief Technology Officer
58
0.4 yrs
Annette Arribas
Global Investor Relations & Insurance Officer
53
Janet Lee
VP, General Counsel & Secretary
54
1.8 yrs
Matt Zack
Vice President of Business Development & Corporate Marketing
48
1.9 yrs
Board of Directors Tenure
Average tenure and age of the ANSYS board of directors in years:
- The tenure for the ANSYS board of directors is about average.
Board of Directors
Jim Cashman
Non-Executive Chairman
$2M
64
2.2 yrs
Ajei Gopal
President
$10M
56
8.1 yrs
Bill McDermott
Independent Director
$365K
56
11.7 yrs
Barbara Scherer
Independent Director
$350K
62
3.8 yrs
Guy Dubois
Director
$350K
63
3.5 yrs
Ron Hovsepian
Lead Independent Director
$390K
57
4.4 yrs
Mike Thurk
Independent Director
$350K
65
11.8 yrs
Alec Gallimore
Director
$126K
54
1.3 yrs
Nicole Anasenes
Independent Director
45
0.7 yrs
Glenda Dorchak
Independent Director
64
0.7 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Mar 19 | Sell | Ajei Gopal | Individual | 13. Mar 19 | 13. Mar 19 | -17,255 | $182.26 | $-3,132,770 | ||
| 06. Sep 18 | Sell | Shane Emswiler | Individual | 04. Sep 18 | 04. Sep 18 | -3,511 | $187.19 | $-657,224 | ||
| 24. Aug 18 | Sell | Alec Gallimore | Individual | 22. Aug 18 | 22. Aug 18 | -276 | $173.76 | $-47,958 | ||
Management checks
We assess ANSYS's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) ANSYS has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
ANSS News
Simply Wall St News
A Spotlight On ANSYS, Inc.'s (NASDAQ:ANSS) Fundamentals
(NASDAQ:ANSS) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of ANSS, it.
Simply Wall St - – Full articleIs ANSYS's Share Price Gain Of 119% Well Earned?
By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Over half a decade, ANSYS managed to grow its earnings per share at 14% a year. … This EPS growth is slower than the share price growth of 17% per year, over the same period.
Simply Wall St - – Full articleANSYS, Inc. (NASDAQ:ANSS): What Are The Future Prospects?
Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … the consensus outlook from analysts appear fairly confident,
Simply Wall St - – Full articleIs Now An Opportune Moment To Examine ANSYS, Inc. (NASDAQ:ANSS)?
The company's stock. … received a lot of attention from a substantial price increase on the NASDAQGS over the last few months … As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.
Simply Wall St - – Full articleAll You Need To Know About ANSYS, Inc.'s (NASDAQ:ANSS) Financial Health
Investors looking for stocks with high market liquidity and zero debt on the balance sheet should consider ANSYS, Inc. … With a market valuation of US$13b, ANSS is a safe haven in times of market uncertainty due to its strong balance sheet. … Using the most recent data for ANSS, I will determine its financial status based on its solvency and liquidity, and assess whether the stock is a safe investment.
Simply Wall St - – Full articleIs ANSYS, Inc.’s (NASDAQ:ANSS) Cash Outlook Optimistic?
(NASDAQ:ANSS) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … I’ve analysed below, the health and outlook of ANSYS’s cash flow, which will help you understand the stock from a cash standpoint. … ANSYS generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating
Simply Wall St - – Full articleRead This Before You Buy ANSYS, Inc. (NASDAQ:ANSS) Because Of Its P/E Ratio
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … ANSYS has a price to earnings ratio of 39.54, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWhat Should Investors Know About ANSYS Inc's (NASDAQ:ANSS) Return On Capital?
Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand ANSYS’s capital returns we will look at a useful metric called return on capital employed.
Simply Wall St - – Full articleDoes ANSYS Inc (NASDAQ:ANSS) Create Value For Shareholders?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows ANSYS has a return on equity of 13% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleIs There Now An Opportunity In ANSYS Inc (NASDAQ:ANSS)?
saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $189.51 and falling to the lows of $143.51. … This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price? … A question to answer is whether ANSYS's current trading price of $155.28 reflective of the actual value of the?
Simply Wall St - – Full articleANSS Company Info
Description
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company’s engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization. It also provides fluids product suite that enables modeling of fluid flow and other related physical phenomena; and electromagnetics product suite, which provides field simulation software for designing electronic. In addition, the company offers power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; system simulation capability for the design of automated products; and high-performance computing product suite, which delivers cross-physics parallel processing capabilities for simulation software. Further, it provides Discovery product family for use in the simulation of product design; academic product suite with a portfolio of academic products based on associate, research, and teaching; ANSYS Fluent that enhance workflow process; and ANSYS medini analyze, a suite for functional safety analysis. The company serves engineers, designers, researchers, and students in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries and academia. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.
Details
| Name: | ANSYS, Inc. |
| ANSS | |
| Exchange: | NasdaqGS |
| Founded: | 1970 |
| $14,842,692,485 | |
| 83,771,828 | |
| Website: | http://www.ansys.com |
| Address: |
ANSYS, Inc. 2600 ANSYS Drive, Canonsburg, Pennsylvania, 15317, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | ANSS | Common Stock | Nasdaq Global Select | US | USD | 20. Jun 1996 | |
| DB | AKX | Common Stock | Deutsche Boerse AG | DE | EUR | 20. Jun 1996 | |
| LSE | 0HG3 | Common Stock | London Stock Exchange | GB | USD | 20. Jun 1996 | |
| BMV | ANSS * | Common Stock | Bolsa Mexicana de Valores | MX | MXN | 20. Jun 1996 |
Number of employees
Current staff
Industry
| Application Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/22 23:32 |
| End of day share price update: | 2019/03/22 00:00 |
| Last estimates confirmation: | 2019/03/08 |
| Last earnings filing: | 2019/02/28 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
