MarketCap
Facebook
X
Telegram
Aspen Group Financial Ratios 2022-2009 | ASPU
Brief overview of Aspen Group's multiples and efficiency
This overview follows the five latest available observations from 2018 through 2022.
The latest available valuation ratios are EV/EBITDA 42.63x (median 42.63x), P/S 1.42x (median 8.39x), P/B 0.65x (median 2.01x). The combined multiple level is about 67.9% below the company's historical norm, suggesting more cautious expectations.
Returns on assets and capital are represented by ROE -5%, ROA -2.3%, ROCE -4.1%. The business is not generating positive returns on invested resources. Valuation should be read cautiously until earnings recover.
The cash conversion cycle lengthened from 111.4 days to 315.6 days, or 204.3 days. More cash is tied up in operations.
Overall picture
Aspen Group trades below its own history, but weak profitability may explain the discount. Low multiples alone do not prove undervaluation.
Annual Financial Ratios Aspen Group
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
-12.9 | -10.2 | -40.0 | -253.3 | -27.5 | -77.7 | -17.1 | -49.6 | -27.1 | -58.0 | - | - | - | - |
P/S |
1.4 | 1.5 | 10.3 | 13.4 | 8.4 | 6.0 | 4.5 | 40.5 | 36.5 | 66.3 | - | - | - | - |
EPS |
-0.1 | -0.1 | -0.2 | -0.0 | -0.1 | -0.1 | -0.2 | -0.0 | -0.1 | -0.0 | -0.2 | -0.1 | -0.0 | - |
EV (Enterprise Value) |
69.6 M | 48.5 M | 185 M | 170 M | 61 M | 86 M | 40.2 M | 213 M | 150 M | 83.5 M | 2.12 M | 1.8 M | 1.69 M | -147 K |
EBITDA per Share |
0.07 | -0.01 | -0.03 | 0.1 | -0.1 | -0.02 | -0.14 | -0.03 | -0.07 | -0.02 | -0.15 | -0.15 | - | - |
EV/EBITDA |
42.6 | -209.7 | -311.8 | 92.5 | -44.1 | -381.4 | -26.2 | -74.1 | -34.9 | -70.1 | -0.4 | -0.8 | 11.0 | - |
PEG |
0.08 | 0.62 | -0.57 | -2.99 | -0.16 | -1.0 | -0.18 | -0.1 | 1.17 | - | - | - | - | - |
P/B |
0.6 | 0.6 | 4.2 | 6.1 | 2.0 | 11.0 | 21.1 | 81.5 | -81.3 | 137.0 | - | - | - | - |
P/CF |
-2.4 | 29.6 | -30.4 | -15.8 | -12.1 | -57.7 | -7.4 | -7.5 | -39.6 | -88.6 | - | - | - | - |
ROE % |
-5.00 | -5.81 | -10.47 | -2.41 | -7.34 | -14.10 | -123.92 | -164.28 | 299.76 | -236.04 | -749.70 | 105.33 | -68.28 | - |
ROA % |
-2.34 | -3.53 | -6.60 | -1.48 | -5.95 | -10.36 | -49.85 | -72.12 | -149.29 | -41.24 | -171.87 | -53.21 | -17.43 | - |
ROCE % |
-4.09 | -5.41 | -6.70 | -0.90 | -7.11 | -9.87 | -67.92 | -76.61 | -7126.81 | -92.16 | -722.49 | 125.92 | -27.19 | - |
Current Ratio |
1.9 | 2.5 | 2.7 | 2.6 | 5.3 | 3.8 | 1.7 | 1.8 | 0.7 | 1.2 | 1.3 | 1.6 | 1.3 | - |
DSO |
386.9 | 299.2 | 268.7 | 263.6 | 253.3 | 84.7 | 69.9 | 59.7 | 46.5 | 89.8 | 30.9 | 99.5 | 64.2 | - |
DPO |
71.3 | 61.7 | 79.9 | 171.1 | 142.0 | 27.6 | 9.6 | 53.2 | 75.4 | 128.8 | 55.6 | 127.5 | - | - |
Operating Cycle |
386.9 | 299.2 | 268.7 | 263.6 | 253.3 | 84.7 | 69.9 | 59.7 | 46.5 | 89.8 | 30.9 | 99.5 | 64.2 | - |
Cash Conversion Cycle |
315.6 | 237.5 | 188.8 | 92.5 | 111.4 | 57.1 | 60.3 | 6.5 | -28.9 | -39.0 | -24.7 | -28.0 | 64.2 | - |
All numbers in USD currency
Quarterly Financial Ratios Aspen Group
| 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
-0.06 | -0.09 | -0.15 | -0.06 | -0.15 | -0.11 | -0.03 | -0.15 | -0.11 | -0.19 | -0.04 | -0.12 | -0.12 | -0.03 | -0.11 | -0.13 | -0.13 | -0.13 | -0.11 | -0.15 | -0.15 | -0.04 | -0.06 | - | -0.04 | -0.09 | -0.01 | -0.06 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.03 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | - | -0.05 | -0.14 | -0.11 | - | -0.07 | -0.02 | - |
EBITDA per Share |
- | -0.02 | -0.09 | - | -0.1 | -0.07 | -0.02 | -0.1 | -0.09 | -0.1 | 0.01 | -0.06 | -0.06 | 0.02 | -0.06 | -0.1 | -0.1 | -0.11 | -0.13 | -0.11 | -0.11 | -0.01 | -0.05 | 0.02 | 0.02 | -0.01 | -0.05 | -0.05 | 0.03 | - | - | -0.01 | -0.01 | - | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | - | -0.03 | -0.09 | -0.05 | - | -0.01 | -0.02 | -0.02 |
ROE % |
-24.39 | -28.56 | -28.46 | -20.69 | -24.86 | -21.95 | -24.26 | -24.63 | -21.61 | -21.49 | -15.66 | -21.86 | -25.03 | -28.19 | -34.18 | -34.95 | -39.51 | -44.06 | -41.98 | -42.76 | -29.09 | -15.41 | -0.97 | -30.47 | -122.95 | -215.43 | -279.94 | -277.23 | -322.77 | -371.64 | -375.55 | -236.63 | 7.19 | 254.34 | 460.49 | 927.90 | 964.33 | 1577.03 | 1237.71 | 668.07 | 442.46 | 469.19 | 342.65 | 536.25 | 536.68 | 989.27 | 901.24 | 324.03 | 226.98 | 81.41 | 15.22 |
ROA % |
-10.27 | -13.07 | -13.75 | -10.65 | -13.92 | -13.16 | -15.71 | -15.94 | -14.20 | -13.71 | -9.16 | -11.95 | -15.25 | -18.54 | -23.69 | -26.80 | -26.89 | -26.98 | -23.60 | -21.44 | -14.65 | -7.85 | -2.88 | -8.06 | -21.32 | -34.58 | -50.73 | -53.22 | -66.70 | -80.82 | -87.74 | -93.04 | -113.39 | -133.10 | -143.05 | -154.34 | -137.75 | -127.77 | -126.46 | -97.13 | -129.38 | -191.88 | -201.61 | -171.89 | -172.10 | -1505.67 | -1412.82 | -1373.77 | -1365.82 | -0.05 | -7.69 |
ROCE % |
-16.69 | -22.01 | -23.53 | -18.06 | -23.38 | -21.32 | -21.02 | -19.32 | -15.88 | -14.50 | -10.46 | -16.22 | -20.96 | -25.69 | -32.91 | -35.49 | -38.82 | -42.16 | -37.97 | -38.87 | -21.08 | -3.30 | 12.80 | -13.95 | -107.06 | -200.16 | -266.05 | -264.43 | -310.78 | -360.45 | -337.74 | -230.97 | -4.97 | 224.35 | 392.13 | 893.49 | 934.72 | 1515.36 | 1176.71 | 603.78 | 408.18 | 438.20 | 359.03 | 561.34 | 10114.76 | 22772.58 | 22624.27 | 22030.69 | 9553.43 | 12462.21 | 15.05 |
Current Ratio |
1.7 | 1.7 | 1.8 | 1.7 | 2.2 | 2.1 | 2.6 | 3.1 | 3.1 | 3.2 | 2.6 | 2.5 | 2.5 | 1.9 | 2.0 | 4.2 | 4.2 | 3.9 | 4.8 | 2.0 | 2.0 | 1.9 | 2.0 | 1.3 | 1.3 | 1.3 | 1.4 | 1.2 | 1.2 | 1.3 | 1.5 | 1.2 | 1.2 | 1.5 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | - | 0.8 | 0.9 | 1.2 | 1.3 | 1.2 | 0.7 | 0.9 | 1.6 | 0.1 | 1519.7 | 1.6 |
DSO |
131.6 | 125.8 | 114.0 | 123.5 | 98.6 | 92.7 | 77.5 | 76.3 | 92.8 | 87.8 | 86.6 | 102.8 | 98.0 | 89.1 | 88.4 | 99.7 | 103.8 | 102.2 | 105.4 | 137.5 | 119.9 | 107.8 | 103.3 | 110.8 | 98.0 | 82.2 | 79.7 | 86.7 | 76.1 | 67.7 | 58.2 | 63.0 | 55.7 | 50.8 | 51.9 | 60.1 | 58.1 | 57.2 | 24.2 | 33.9 | 55.4 | 42.3 | 29.0 | - | 66.3 | 37.2 | 46.3 | - | 68.2 | 39.5 | - |
DPO |
42.8 | 33.5 | 18.3 | 34.3 | 19.2 | 19.4 | 14.8 | 11.4 | 21.1 | 25.6 | 19.9 | 14.0 | 17.5 | 30.2 | 34.6 | 38.3 | 37.3 | 37.2 | 33.7 | 43.6 | 37.8 | 46.6 | 48.3 | 59.4 | 50.5 | 38.3 | 51.1 | 53.6 | 49.3 | 49.7 | 53.8 | 66.2 | 50.6 | 89.6 | 92.8 | 68.7 | 62.1 | 74.9 | 35.2 | 31.0 | 85.2 | 63.7 | 38.7 | - | 362.0 | 250.7 | 112.8 | - | - | - | - |
Operating Cycle |
- | - | - | 131.6 | 125.8 | 62.2 | - | 89.5 | 92.7 | 40.3 | 73.7 | 116.9 | 87.8 | 77.9 | 71.0 | 118.7 | 89.1 | 81.0 | 84.8 | 149.1 | 102.2 | 83.9 | 71.6 | 133.5 | 107.8 | 89.3 | 69.8 | 116.8 | 82.2 | 65.0 | 50.8 | 86.6 | 67.7 | 55.9 | 46.0 | 61.0 | 50.8 | 49.7 | 25.4 | 33.9 | 55.4 | 44.2 | 29.6 | - | 66.3 | 87.2 | 38.0 | - | 68.2 | 39.5 | - |
Cash Conversion Cycle |
- | - | - | 88.8 | 92.3 | 51.9 | - | 73.4 | 73.4 | 32.2 | 61.9 | 89.2 | 62.2 | 57.6 | 45.9 | 86.2 | 58.9 | 45.1 | 53.6 | 99.5 | 65.0 | 39.6 | 33.8 | 72.4 | 61.1 | 47.0 | 34.9 | 61.6 | 43.9 | 49.2 | 26.9 | 18.2 | 18.0 | 22.6 | 13.2 | 1.6 | -32.9 | -59.8 | -20.9 | 2.8 | -29.8 | -24.6 | -13.5 | - | -295.7 | -50.8 | 4.7 | - | 68.2 | 39.5 | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Aspen Group, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.
Brasil
China
USA
