Ansys Z Score

ANSS
 Stock
  

USD 279.99  3.73  1.31%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please continue to Ansys Piotroski F Score and Ansys Valuation analysis.
  
Ansys Return on Invested Capital is relatively stable at the moment as compared to the past year. Ansys reported last year Return on Invested Capital of 0.37. As of 08/17/2022, Invested Capital is likely to grow to about 1.7 B, while Capital Expenditure is likely to drop (24.8 M). Ansys Direct Expenses is relatively stable at the moment as compared to the past year. Ansys reported last year Direct Expenses of 257.98 Million. As of 08/17/2022, Interest Expense is likely to grow to about 13.4 M, while Cost of Revenue is likely to drop slightly above 231 M.

Ansys Z Score Analysis

Ansys' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2012 2021 2022 (projected)
Long Term Debt to Equity0.120.170.14
Interest Coverage83.9149.751.01
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Ansys Z Score

    
  17.6  
Most of Ansys' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ansys Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Ansys Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Ansys is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Ansys' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ansys' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ansys' interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Ansys Inc has a Z Score of 17.6. This is 30.86% higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The z score for all United States stocks is 101.83% lower than that of the firm.

Ansys Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ansys' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ansys could also be used in its relative valuation, which is a method of valuing Ansys by comparing valuation metrics of similar companies.
Ansys is currently under evaluation in z score category among related companies.

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

Ansys Fundamentals

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 Piotroski F Score and Ansys Valuation 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.