Market Cap
US$20.0b
Last Updated
2020/04/01 06:35 UTC
Data Sources
Company Financials +
Executive Summary
ANSYS, Inc. develops and markets engineering simulation software and services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with limited growth.
Similar Companies
Share Price & News
How has ANSYS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ANSS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.2%
ANSS
2.6%
US Software
5.3%
US Market
1 Year Return
22.9%
ANSS
9.5%
US Software
-10.7%
US Market
Return vs Industry: ANSS exceeded the US Software industry which returned 11% over the past year.
Return vs Market: ANSS exceeded the US Market which returned -10.4% over the past year.
Shareholder returns
| ANSS | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.2% | 2.6% | 5.3% |
| 30 Day | -10.5% | -7.9% | -13.6% |
| 90 Day | -10.7% | -3.2% | -19.8% |
| 1 Year | 22.9%22.9% | 10.6%9.5% | -8.9%-10.7% |
| 3 Year | 120.3%120.3% | 106.4%97.6% | 15.5%8.0% |
| 5 Year | 161.4%161.4% | 173.9%154.7% | 35.2%20.4% |
Price Volatility Vs. Market
How volatile is ANSYS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are ANSYS, Inc.’s (NASDAQ:ANSS) High Returns Really That Great?1 month ago | Simply Wall St
Earnings Beat: ANSYS, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models1 month ago | Simply Wall St
Read This Before Buying ANSYS, Inc. (NASDAQ:ANSS) SharesValuation
Is ANSYS undervalued compared to its fair value and its price relative to the market?
43.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ANSS ($235.13) is trading above our estimate of fair value ($201.22)
Significantly Below Fair Value: ANSS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ANSS is poor value based on its PE Ratio (43.9x) compared to the Software industry average (40x).
PE vs Market: ANSS is poor value based on its PE Ratio (43.9x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: ANSS is poor value based on its PEG Ratio (7.4x)
Price to Book Ratio
PB vs Industry: ANSS is overvalued based on its PB Ratio (5.8x) compared to the US Software industry average (4.3x).
Next Steps
Future Growth
How is ANSYS forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
6.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANSS's forecast earnings growth (6% per year) is above the savings rate (1.7%).
Earnings vs Market: ANSS's earnings (6% per year) are forecast to grow slower than the US market (12.2% per year).
High Growth Earnings: ANSS's earnings are forecast to grow, but not significantly.
Revenue vs Market: ANSS's revenue (9.1% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: ANSS's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANSS's Return on Equity is forecast to be low in 3 years time (14.2%).
Next Steps
Past Performance
How has ANSYS performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANSS has high quality earnings.
Growing Profit Margin: ANSS's current net profit margins (29.8%) are lower than last year (32.4%).
Past Earnings Growth Analysis
Earnings Trend: ANSS's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: ANSS's earnings growth over the past year (7.6%) is below its 5-year average (13.2% per year).
Earnings vs Industry: ANSS earnings growth over the past year (7.6%) underperformed the Software industry 18.7%.
Return on Equity
High ROE: ANSS's Return on Equity (13.1%) is considered low.
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Financial Health
How is ANSYS's financial position?
Financial Position Analysis
Short Term Liabilities: ANSS's short term assets ($1.6B) exceed its short term liabilities ($695.1M).
Long Term Liabilities: ANSS's short term assets ($1.6B) exceed its long term liabilities ($690.4M).
Debt to Equity History and Analysis
Debt Level: ANSS's debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ANSS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ANSS's debt is well covered by operating cash flow (100.3%).
Interest Coverage: ANSS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: ANSS has a low level of unsold assets or inventory.
Debt Coverage by Assets: ANSS's debt is covered by short term assets (assets are 3.1x debt).
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Dividend
What is ANSYS's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ANSS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ANSS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ANSS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ANSS'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 ANSS'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?
1.5yrs
Average management tenure
CEO
Ajei Gopal (57yo)
3.25s
Tenure
US$10,164,184
Compensation
Dr. Ajei S. Gopal, Ph.D., has been the Chief Executive Officer of Ansys, Inc. since January 1, 2017. Dr. Gopal has been the President of ANSYS, Inc. since August 29, 2016. He served in leadership roles at ...
CEO Compensation Analysis
Compensation vs Market: Ajei's total compensation ($USD10.16M) is about average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Ajei's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.25yrs | US$10.16m | 0.077% $15.4m | |
| CFO and Senior VP of Finance & Administration | 21.58yrs | US$3.71m | 0.11% $22.6m | |
| VP, General Counsel & Secretary | 2.83yrs | US$1.83m | 0.0043% $868.8k | |
| Senior Vice President of Worldwide Sales & Customer Excellence | 3.33yrs | US$3.89m | 0.0094% $1.9m | |
| Senior VP & GM of Physics Business Units | 1.25yrs | US$2.22m | 0.0068% $1.4m | |
| Chief Technology Officer | 1.5yrs | no data | 0.0073% $1.5m | |
| Global Investor Relations & Insurance Officer | no data | no data | no data | |
| Vice President of Corporate Development & Global Partnerships | 1.25yrs | no data | 0.011% $2.3m | |
| Vice President of Marketing | 0.75yr | no data | no data | |
| Vice President of Human Resources | 0.67yr | no data | no data |
1.5yrs
Average Tenure
54.5yo
Average Age
Experienced Management: ANSS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.25yrs | US$10.16m | 0.077% $15.4m | |
| Independent Director | 7.25yrs | US$359.60k | 0.00093% $185.7k | |
| Independent Director | 4.58yrs | US$356.51k | 0.0073% $1.5m | |
| Independent Director | 1.75yrs | US$249.25k | 0.0015% $305.6k | |
| Chairman of the Board & Lead Independent Director | 1yr | US$393.43k | 0.011% $2.1m | |
| Director | 0.083yr | no data | no data | |
| Independent Director | 1.75yrs | US$249.25k | 0.0015% $305.6k | |
| Independent Director | 2.33yrs | US$350.34k | 0.0020% $393.5k | |
| Director | 0.083yr | no data | no data |
1.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: ANSS's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ANSYS, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ANSYS, Inc.
- Ticker: ANSS
- Exchange: NasdaqGS
- Founded: 1970
- Industry: Application Software
- Sector: Software
- Market Cap: US$19.973b
- Shares outstanding: 85.91m
- Website: https://www.ansys.com
Number of Employees
Location
- ANSYS, Inc.
- 2600 ANSYS Drive
- Canonsburg
- Pennsylvania
- 15317
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ANSS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jun 1996 |
| AKX | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 1996 |
| 0HG3 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jun 1996 |
| AKX | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Jun 1996 |
| ANSS * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jun 1996 |
| A1NS34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which its engineering simulation technologies are built; multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; high-performance computing product suite, which delivers cross-physics parallel processing capabilities for simulation software; 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 that offers 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; and system simulation capability for the design of automated products. Further, it provides Discovery product family for use in the simulation of product design; Ansys Granta products to give access to material intelligence; and academic product suite with a portfolio of academic products based on associate, research, and teaching. 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/01 06:35 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.