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76.02 (1y: +16%)
Market Cap 7 B P/E(ttm) 34.60
Enterprise Value 6.44 B P/B 3.70
ANSS- NAS (USA)
Ansys, Inc.
  • Currently 3.5/5
Business Predictability Rank: 3.5-Star
Back Testing Results:
Average gain of all 3.5-Star stocks: 9.3% per year.
% of Stocks that are in still loss if held for 10yrs: 9%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$76.02
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt 10.859
ANSS's Cash to Debt is ranked higher than
62% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 7.41 vs. ANSS: 10.859 )
ANSS' s 10-Year Cash to Debt Range
Min: 0.84   Max: No Debt
Current: 10.86
Equity to Asset 0.744
ANSS's Equity to Asset is ranked higher than
80% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 0.56 vs. ANSS: 0.744 )
ANSS' s 10-Year Equity to Asset Range
Min: 0.61   Max: 0.78
Current: 0.74
0.61
0.78
Interest Coverage No Debt
ANSS's Interest Coverage is ranked higher than
74% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 25.60 vs. ANSS: No Debt )
ANSS' s 10-Year Interest Coverage Range
Min: 12   Max: No Debt
Current: No Debt
F-Score: 7
Z-Score: 8.44
M-Score: -2.76
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 36.90
ANSS's Operating margin (%) is ranked higher than
99% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 4.30 vs. ANSS: 36.90 )
ANSS' s 10-Year Operating margin (%) Range
Min: 13.7   Max: 38.4
Current: 36.9
13.7
38.4
Net-margin (%) 25.5
ANSS's Net-margin (%) is ranked higher than
96% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 2.70 vs. ANSS: 25.5 )
ANSS' s 10-Year Net-margin (%) Range
Min: 5.4   Max: 27.8
Current: 25.5
5.4
27.8
ROE (%) 10.5
ANSS's ROE (%) is ranked higher than
78% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 4.70 vs. ANSS: 10.5 )
ANSS' s 10-Year ROE (%) Range
Min: 2.6   Max: 23.5
Current: 10.5
2.6
23.5
ROA (%) 7.8
ANSS's ROA (%) is ranked higher than
82% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 2.90 vs. ANSS: 7.8 )
ANSS' s 10-Year ROA (%) Range
Min: 1.6   Max: 17.6
Current: 7.8
1.6
17.6
Revenue Growth (%) 10.5
ANSS's Revenue Growth (%) is ranked higher than
88% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 0.00 vs. ANSS: 10.5 )
ANSS' s 10-Year Revenue Growth (%) Range
Min: 7   Max: 23.7
Current: 10.5
7
23.7
EBITDA Growth (%) 10.3
ANSS's EBITDA Growth (%) is ranked higher than
88% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 0.00 vs. ANSS: 10.3 )
ANSS' s 10-Year EBITDA Growth (%) Range
Min: 8.5   Max: 34.3
Current: 10.3
8.5
34.3
EPS Growth (%) 13.9
ANSS's EPS Growth (%) is ranked higher than
91% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 0.00 vs. ANSS: 13.9 )
ANSS' s 10-Year EPS Growth (%) Range
Min: -13.8   Max: 61.9
Current: 13.9
-13.8
61.9
ยป ANSS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ANSS Guru Trades in Q2 2012

Steven Cohen 24,753 sh (+185.6%)
Jeremy Grantham 60,600 sh (+6.69%)
Chuck Royce 858,600 sh (unchged)
Pioneer Investments 68,800 sh (unchged)
Jean-Marie Eveillard 6,000 sh (unchged)
Jim Simons Sold Out
Howard Marks Sold Out
Columbia Wanger 3,481,250 sh (-0.04%)
Frank Sands 182,655 sh (-0.11%)
Ron Baron 4,011,205 sh (-1.09%)
» More
Q3 2012

ANSS Guru Trades in Q3 2012

Meridian Funds 172,100 sh (New)
Paul Tudor Jones 3,200 sh (New)
Frank Sands 214,035 sh (+17.18%)
Columbia Wanger 3,603,250 sh (+3.5%)
Ron Baron 4,015,083 sh (+0.1%)
Jean-Marie Eveillard 6,000 sh (unchged)
Chuck Royce 808,400 sh (-5.85%)
Jeremy Grantham 48,900 sh (-19.31%)
Pioneer Investments 37,982 sh (-44.79%)
Steven Cohen 3,400 sh (-86.26%)
» More
Q4 2012

ANSS Guru Trades in Q4 2012

Jim Simons 80,729 sh (New)
Steven Cohen 31,038 sh (+812.88%)
Meridian Funds 337,800 sh (+96.28%)
Jean-Marie Eveillard 6,000 sh (unchged)
Jeremy Grantham 42,800 sh (unchged)
Paul Tudor Jones Sold Out
Ron Baron 3,939,228 sh (-1.89%)
Chuck Royce 791,800 sh (-2.05%)
Columbia Wanger 3,255,250 sh (-9.66%)
Frank Sands 187,535 sh (-12.38%)
Pioneer Investments 21,982 sh (-42.13%)
» More
Q1 2013

ANSS Guru Trades in Q1 2013

Frank Sands 206,535 sh (+10.13%)
Jeremy Grantham 45,700 sh (+6.78%)
Meridian Funds 337,800 sh (unchged)
Jean-Marie Eveillard 6,000 sh (unchged)
Pioneer Investments 21,982 sh (unchged)
Jim Simons Sold Out
Columbia Wanger 3,223,250 sh (-0.98%)
Ron Baron 3,850,724 sh (-2.25%)
Chuck Royce 736,800 sh (-6.95%)
Steven Cohen 9,417 sh (-69.66%)
» More
» Details

Insider Trades

Latest Guru Trades with ANSS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2012-12-31 Add 96.28%0.44%$65.71 - $72.34 $ 76.7712%337800
Meridian Funds 2012-09-30 New Buy0.45%$56.07 - $73.87 $ 76.7717%172100
Ray Dalio 2011-12-31 Sold Out 0.01%$46.52 - $61.98 $ 76.7738%0
Ray Dalio 2011-09-30 Reduce -91.88%0.06%$45.98 - $56.76 $ 76.7749%7324
Jean-Marie Eveillard 2010-06-30 New Buy$41.22 - $46.26 $ 76.7775%6000
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Guru Investment Theses on Ansys, Inc.

Baron Funds Comments on ANSYS Inc. - Dec 06, 2012

ANSYS, Inc. (ANSS) is the market leader in simulation-driven product development software. Shares rose 16.3% in the quarter, as the company's earnings report demonstrated accelerating growth in revenues and new bookings signed. The company also repurchased its shares for the first time in several years, an indication, we believe, of management's belief that its shares were notably undervalued.

From Baron Fundsโ€™ third quarter commentary.


Check out Ron Baron latest stock trades

Top Ranked Articles about Ansys, Inc.

Baron Funds Comments on ANSYS Inc.
December 6, 2012
ANSYS, Inc. (ANSS) is the market leader in simulation-driven product development software. Shares rose 16.3% in the quarter, as the company's earnings report demonstrated accelerating growth in revenues and new bookings signed. The company also repurchased its shares for the first time in several years, an indication, we believe, of management's belief that its shares were notably undervalued. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 34.60
ANSS's P/E(ttm) is ranked lower than
53% of the 1023 Companies
in the Global Software - Application industry.

( Industry Median: 20.80 vs. ANSS: 34.60 )
ANSS' s 10-Year P/E(ttm) Range
Min: 9.28   Max: 147.08
Current: 34.6
9.28
147.08
P/B 3.70
ANSS's P/B is ranked lower than
57% of the 1370 Companies
in the Global Software - Application industry.

( Industry Median: 2.02 vs. ANSS: 3.70 )
ANSS' s 10-Year P/B Range
Min: 1.46   Max: 8.03
Current: 3.7
1.46
8.03
P/S 8.90
ANSS's P/S is ranked lower than
72% of the 1452 Companies
in the Global Software - Application industry.

( Industry Median: 1.69 vs. ANSS: 8.90 )
ANSS' s 10-Year P/S Range
Min: 2.17   Max: 11.65
Current: 8.9
2.17
11.65
PFCF 25.10
ANSS's PFCF is ranked higher than
52% of the 1019 Companies
in the Global Software - Application industry.

( Industry Median: 17.43 vs. ANSS: 25.10 )
ANSS' s 10-Year PFCF Range
Min: 7.76   Max: 34.04
Current: 25.1
7.76
34.04
EV-to-EBIT 22.2
ANSS's EV-to-EBIT is ranked higher than
51% of the 1019 Companies
in the Global Software - Application industry.

( Industry Median: 14.50 vs. ANSS: 22.2 )
ANSS' s 10-Year EV-to-EBIT Range
Min: 4.6   Max: 62.7
Current: 22.2
4.6
62.7
PEG 2.7
ANSS's PEG is ranked higher than
54% of the 423 Companies
in the Global Software - Application industry.

( Industry Median: 1.64 vs. ANSS: 2.7 )
ANSS' s 10-Year PEG Range
Min: 0.44   Max: 8.35
Current: 2.7
0.44
8.35
Shiller P/E 45.3
ANSS's Shiller P/E is ranked lower than
100% of the Companies
in the Global Software - Application industry.

( Industry Median: vs. ANSS: 45.3 )
ANSS' s 10-Year Shiller P/E Range
Min: 25.22   Max: 84.08
Current: 45.3
25.22
84.08

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 30.6
ANSS's Price/Net Current Asset Value is ranked lower than
57% of the 930 Companies
in the Global Software - Application industry.

( Industry Median: 13.40 vs. ANSS: 30.6 )
ANSS' s 10-Year Price/Net Current Asset Value Range
Min: 14   Max: 69.7
Current: 30.6
14
69.7
Price/Tangible Book 21.1
ANSS's Price/Tangible Book is ranked lower than
74% of the 1116 Companies
in the Global Software - Application industry.

( Industry Median: 3.30 vs. ANSS: 21.1 )
ANSS' s 10-Year Price/Tangible Book Range
Min: 3.6   Max: 345.5
Current: 21.1
3.6
345.5
Price/DCF (Projected) 1.6
ANSS's Price/DCF (Projected) is ranked higher than
64% of the 551 Companies
in the Global Software - Application industry.

( Industry Median: 1.30 vs. ANSS: 1.6 )
ANSS' s 10-Year Price/DCF (Projected) Range
Min: 1.2   Max: 2.4
Current: 1.6
1.2
2.4
Price/Median PS Value 1.3
ANSS's Price/Median PS Value is ranked higher than
55% of the 1300 Companies
in the Global Software - Application industry.

( Industry Median: 1.00 vs. ANSS: 1.3 )
ANSS' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.3
Current: 1.3
0.3
1.3
Price/Peter Lynch Fair Value 2.7
ANSS's Price/Peter Lynch Fair Value is ranked higher than
52% of the 276 Companies
in the Global Software - Application industry.

( Industry Median: 1.50 vs. ANSS: 2.7 )
ANSS' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.9   Max: 6.5
Current: 2.7
0.9
6.5
Price/Graham Number 5.9
ANSS's Price/Graham Number is ranked lower than
72% of the 813 Companies
in the Global Software - Application industry.

( Industry Median: 1.80 vs. ANSS: 5.9 )
ANSS' s 10-Year Price/Graham Number Range
Min: 1.3   Max: 25
Current: 5.9
1.3
25
Earnings Yield (Greenblatt) 4.50
ANSS's Earnings Yield (Greenblatt) is ranked higher than
68% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 3.30 vs. ANSS: 4.50 )
ANSS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.6   Max: 21.7
Current: 4.5
1.6
21.7
Forward Rate of Return (Yacktman) 15.23
ANSS's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 1618 Companies
in the Global Software - Application industry.

( Industry Median: 0.00 vs. ANSS: 15.23 )
ANSS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 15.4   Max: 40.4
Current: 15.23
15.4
40.4

Business Description

ANSYS, Inc was incorporated in the State of Delaware. It develops and globally markets engineering simulation software and technologies used by engineers and designers across a spectrum of industries, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. It focus on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. It distributes its ANSYS suite of simulation technologies through a global network of resellers and distributors (collectively, channel partners) and direct sales offices in strategic, global locations. The Company's product portfolio consists of the following: ANSYS WorkbenchTM, Multiphysics, Structural Mechanics, Fluid Dynamics, Explicit Dynamics, Electromagnetics, System and Circuit Simulation, Simulation Process & Data Management, Academic, Computing and Geometry Interfaces. The Company makes significant investments in research and development and emphasizes accelerated new integrated product releases. The Company's product development strategy centers on ongoing development and innovation of new technologies to increase productivity and to provide engineering simulation solutions that customer can integrate into enterprise-wide product lifecycle management systems. The Company distributes and supports its products through a global network of independent channel partners, as well as through its own direct sales offices. The Company believes that the principal factors affecting sales of its software include ease of use, breadth and depth of functionality, flexibility, quality, ease of integration with other software systems, file compatibility across computer platforms, range of supported computer platforms, performance, price and total cost of ownership, customer service and support, company reputation and financial viability, and effectiveness of sales and marketing efforts. It has obtained federal trademark registration protection for ANSYS, ANSYS Workbench, AUTODYN, CFX, FLUENT, Maxwell, and other marks in the U.S. and in foreign countries. Additionally, the Company was awarded a patent by the U.S. Patent and Trademark Office for its Web-based reporting technology. The Company's sales to the United States government must comply with the regulations set forth in the Federal Acquisition Regulations.
Company Website
SEC Reports
Industry: Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE
Traded in other countries:AKX.Germany
ยป More Articles for ANSS

Headlines

Articles On GuruFocus.com
Buffett-Munger Model Portfolio Posts Fourth Solid Year, Hits Refresh for 2013 Dec 14 2012 
Baron Funds Comments on ANSYS Inc. Dec 06 2012 
comment on ANSS May 01 2012 
comment on ANSS Apr 29 2012 
comment on ANSS Apr 24 2012 
comment on ANSS Apr 24 2012 
Ron Baron - Why He Bought His Top-5 Conviction Picks Jan 31 2012 
ANSYS: A Thorough Reading of the 10-K Shows the Drop in Cash Flow Is Benign Jan 11 2012 
note on ANSS Jun 22 2011 
30x Earnings... Jun 14 2011 

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