Ansys Piotroski F Score

ANSS
 Stock
  

USD 279.99  3.73  1.31%   

This module uses fundamental data of Ansys to approximate its Piotroski F score. Ansys F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ansys Inc. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Ansys financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to Ansys Altman Z Score, Ansys Correlation, Ansys Valuation, as well as analyze Ansys Alpha and Beta and Ansys Hype Analysis.
  
As of 08/17/2022, Total Debt is likely to drop to about 746.6 M. In addition to that, Debt Current is likely to drop to about 84.5 M. Ansys Total Assets Per Share are relatively stable at the moment as compared to the past year. Ansys reported last year Total Assets Per Share of 72.63. As of 08/17/2022, Net Current Assets as percentage of Total Assets is likely to grow to 18.41, while PPandE Turnover is likely to drop 18.35.
At this time, it appears that Ansys' Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
8.0
Piotroski F Score - Strong
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Ansys Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Ansys is to make sure Ansys is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ansys' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Ansys' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares83.1 M87.1 M
Sufficiently Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted84.4 M88.1 M
Sufficiently Down
Decreasing
Slightly volatile
Net Cash Flow from Operations530 M549.5 M
Sufficiently Down
Increasing
Slightly volatile
Total Assets5.4 B6.3 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities1.5 B1.8 B
Significantly Down
Increasing
Slightly volatile
Current Assets1.6 B1.6 B
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities735 M778.5 M
Notably Down
Increasing
Slightly volatile
Total Debt746.6 M858 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets0.09260.076
Fairly Up
Increasing
Slightly volatile
Gross Margin0.950.865
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.370.318
Fairly Up
Increasing
Slightly volatile

Ansys Inc F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Ansys' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Ansys in a much-optimized way.

About Ansys Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

44.74

Ansys Book Value per Share is relatively stable at the moment as compared to the past year. Ansys reported last year Book Value per Share of 51.48

Ansys Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ansys from analyzing Ansys' financial statements. These drivers represent accounts that assess Ansys' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ansys' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee89.4 K123.35 K110.07 K90.15 K89.14 K86.86 K
Revenue Per Employee377.67 K380.48 K369.73 K349.31 K373.87 K345.13 K
Average Assets2.84 B3.08 B3.83 B5 B6 B5.08 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA463.46 M546.4 M605.02 M611.16 M656.82 M625.6 M
Earnings Before Interest Taxes and Depreciation Amortization USD463.46 M546.4 M605.02 M611.16 M656.82 M625.6 M
Earnings before Tax395.69 M487.08 M522.58 M493.93 M515.35 M501.8 M
Average Equity2.23 B2.53 B2.97 B3.6 B4.3 B3.73 B
Enterprise Value11.6 B11.21 B21.03 B30.93 B34.77 B37.52 B
Free Cash Flow408.51 M463.23 M455 M511.94 M526.46 M503.49 M
Invested Capital(84.61 M)180.33 M971.96 M1.48 B1.56 B1.69 B
Invested Capital Average(94.03 M)131.21 M532.47 M1.1 B1.44 B1.55 B
Market Capitalization12.52 B11.94 B21.67 B31.24 B35 B37.76 B
Tangible Asset Value1.41 B1.48 B1.95 B2.21 B2.15 B1.97 B
Working Capital661.71 M786.41 M860.34 M990.41 M860.08 M840.21 M

Ansys ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ansys' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ansys' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About Ansys Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ansys Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ansys using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ansys Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company was founded in 1970 and is headquartered in Canonsburg, Pennsylvania. Ansys operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5200 people.

Ansys Investors Sentiment

The influence of Ansys' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ansys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Ansys' public news can be used to forecast risks associated with investment in Ansys. The trend in average sentiment can be used to explain how an investor holding Ansys can time the market purely based on public headlines and social activities around Ansys Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Ansys' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ansys' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ansys' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ansys.

Ansys Implied Volatility

    
  26.51  
Ansys' implied volatility exposes the market's sentiment of Ansys Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ansys' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ansys stock will not fluctuate a lot when Ansys' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ansys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ansys' short interest history, or implied volatility extrapolated from Ansys options trading.

Pair Trading with Ansys

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ansys position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ansys will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ansys

0.96ADSKAutodesk Earnings Call  This WeekPairCorr
0.94AMSWAAmer Software Earnings Call  This WeekPairCorr

Moving against Ansys

0.51AVYAAvaya Holdings Corp Fiscal Year End 28th of November 2022 PairCorr
The ability to find closely correlated positions to Ansys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ansys when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ansys - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ansys Inc to buy it.
The correlation of Ansys is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ansys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ansys Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ansys can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Ansys Altman Z Score, Ansys Correlation, Ansys Valuation, as well as analyze Ansys Alpha and Beta and Ansys Hype Analysis. Note that the Ansys Inc information on this page should be used as a complementary analysis to other Ansys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Ansys Inc price analysis, check to measure Ansys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ansys is operating at the current time. Most of Ansys' value examination focuses on studying past and present price action to predict the probability of Ansys' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ansys' price. Additionally, you may evaluate how the addition of Ansys to your portfolios can decrease your overall portfolio volatility.
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Is Ansys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ansys. If investors know Ansys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ansys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.066
Market Capitalization
24.7 B
Quarterly Revenue Growth YOY
0.061
Return On Assets
0.0585
Return On Equity
0.11
The market value of Ansys Inc is measured differently than its book value, which is the value of Ansys that is recorded on the company's balance sheet. Investors also form their own opinion of Ansys' value that differs from its market value or its book value, called intrinsic value, which is Ansys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ansys' market value can be influenced by many factors that don't directly affect Ansys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ansys' value and its price as these two are different measures arrived at by different means. Investors typically determine Ansys value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ansys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.