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Aspen Group Limited (AU:APZ)
:APZ

Aspen Group Limited (APZ) AI Stock Analysis

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AU

Aspen Group Limited

(Frankfurt:APZ)

Rating:77Outperform
Price Target:
AU$4.00
▲(1.52%Upside)
Aspen Group Limited shows strong financial performance and attractive valuation, making it a solid investment in the real estate sector. The technical analysis indicates bullish momentum, although short-term caution is advised due to potential overbought conditions.

Aspen Group Limited (APZ) vs. iShares MSCI Australia ETF (EWA)

Aspen Group Limited Business Overview & Revenue Model

Company DescriptionAspen Group Limited (APZ) is an Australian-based company primarily engaged in the property industry. The company focuses on owning, managing, and developing various real estate assets, including residential, commercial, and industrial properties. Aspen Group Limited aims to provide high-quality and sustainable property solutions to its clients, leveraging its expertise in property management and development to enhance asset value.
How the Company Makes MoneyAspen Group Limited generates its revenue primarily through property rental income, property sales, and property management services. The company earns rental income from leasing its owned residential, commercial, and industrial properties to tenants. Additionally, Aspen Group Limited generates revenue through the sale of developed properties, both residential and commercial, which contributes to its income stream. Property management services, which involve managing properties on behalf of owners and providing maintenance and operational support, also form a significant part of the company's revenue model. Strategic partnerships with developers, investors, and local councils, along with a focus on sustainable and high-quality property solutions, further enhance its revenue generation capabilities.

Aspen Group Limited Financial Statement Overview

Summary
Aspen Group Limited exhibits strong financial performance with impressive revenue growth and profitability. The company has a stable balance sheet with moderate leverage and robust cash flow generation. Continued focus on managing debt and sustaining cash flow will be crucial for future success.
Income Statement
82
Very Positive
Aspen Group Limited has demonstrated impressive revenue growth of 37.79% from 2023 to 2024, signaling strong market positioning. The company's gross profit margin stands at a solid 54.81%, and the net profit margin is exceptionally high at 53.16%, indicating excellent profitability and cost management. The EBIT margin of 33.07% and EBITDA margin of 31.22% further highlight operational efficiency. However, there was a slight decline in net income compared to the previous year, which is a point to monitor.
Balance Sheet
75
Positive
The balance sheet reflects a well-capitalized company with a debt-to-equity ratio of 0.46, suggesting moderate leverage. The return on equity is 11.07%, reflecting a reasonable return for shareholders. The equity ratio is a healthy 65.38%, indicating strong financial stability and low risk of insolvency. Despite the positive metrics, the company should continue monitoring its debt levels to maintain this stability.
Cash Flow
78
Positive
Aspen Group's cash flow is robust, with a significant operating cash flow to net income ratio of 0.64, demonstrating strong cash generation relative to earnings. The free cash flow to net income ratio is also solid at 0.60. There is a substantial free cash flow growth rate of 146.87% from 2023 to 2024, highlighting strong cash management and operational efficiency. The company should maintain this trajectory to support future investments and debt servicing.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue99.15M91.12M66.14M46.02M35.07M30.37M
Gross Profit54.61M56.29M37.20M28.63M23.55M22.54M
EBITDA32.02M73.02M22.20M12.44M26.56M11.14M
Net Income57.33M48.44M54.40M75.38M25.39M11.87M
Balance Sheet
Total Assets681.30M668.95M575.84M468.49M249.93M191.18M
Cash, Cash Equivalents and Short-Term Investments44.08M4.52M8.92M10.89M9.53M9.27M
Total Debt177.20M199.90M171.69M154.42M76.76M45.76M
Total Liabilities223.90M235.29M214.67M191.47M97.38M57.15M
Stockholders Equity461.23M437.49M365.00M280.86M156.39M137.87M
Cash Flow
Free Cash Flow26.40M29.12M11.79M12.50M10.20M5.76M
Operating Cash Flow27.55M30.95M14.06M14.12M11.27M9.89M
Investing Cash Flow15.26M-38.43M-50.40M-85.40M-35.69M-40.15M
Financing Cash Flow-38.95M3.08M34.53M73.73M24.54M31.96M

Aspen Group Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.94
Price Trends
50DMA
3.50
Positive
100DMA
3.13
Positive
200DMA
2.72
Positive
Market Momentum
MACD
0.09
Positive
RSI
62.76
Neutral
STOCH
30.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:APZ, the sentiment is Positive. The current price of 3.94 is above the 20-day moving average (MA) of 3.81, above the 50-day MA of 3.50, and above the 200-day MA of 2.72, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 62.76 is Neutral, neither overbought nor oversold. The STOCH value of 30.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:APZ.

Aspen Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUAPZ
77
Outperform
AU$871.58M12.9613.65%2.60%31.29%5.02%
AUHMC
70
Neutral
AU$1.61B6.8915.75%3.08%107.77%257.12%
AUDXC
63
Neutral
AU$407.76M20.504.00%7.08%-0.80%
61
Neutral
AU$2.84B8.034.17%5.14%17.25%41.52%
AUCOF
55
Neutral
AU$701.87M-8.21%8.60%-9.52%47.94%
AUCMW
54
Neutral
AU$955.89M-12.54%8.22%-52.49%47.09%
AUABG
54
Neutral
AU$1.03B-6.24%7.36%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:APZ
Aspen Group Limited
3.94
2.17
122.60%
AU:COF
Centuria Office REIT
1.16
0.04
3.57%
AU:DXC
Dexus Convenience Retail REIT
2.95
0.40
15.69%
AU:CMW
Cromwell Property Group
0.37
-0.01
-2.63%
AU:HMC
Home Consortium Ltd
3.75
-3.63
-49.19%
AU:ABG
Abacus Property Group
1.14
0.06
5.56%

Aspen Group Limited Corporate Events

Cooper Investors Reduces Stake in Aspen Group Limited
Jul 2, 2025

Aspen Group Limited has announced a change in the substantial holding of its shares by Cooper Investors Pty Limited. The voting power of Cooper Investors has decreased from 16.0024% to 14.1760% due to a series of share purchases. This change in shareholding could impact the company’s decision-making process and influence its strategic direction.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Announces Final Distribution for FY25
Jun 19, 2025

Aspen Group Limited has announced a final distribution of 5.00 cents per security for the fiscal year 2025, resulting in a total distribution of 10.00 cents per security, marking an 18% increase from the previous year. The distribution plan remains suspended, and the full-year results are expected to be released on 21 August 2025, which may impact stakeholders’ expectations and the company’s market positioning.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Announces New Dividend Distribution
Jun 19, 2025

Aspen Group Limited has announced a new dividend distribution for its fully paid ordinary units stapled securities, with a distribution amount of AUD 0.05 per unit. The ex-date is set for June 27, 2025, with a record date of June 30, 2025, and payment scheduled for August 29, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may enhance its attractiveness to stakeholders looking for consistent income from their investments.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group to Release Securities from Voluntary Escrow
Jun 19, 2025

Aspen Group Limited has announced the release of 73,324 fully paid ordinary stapled securities from voluntary escrow on June 30, 2025. This release, in accordance with ASX Listing Rule 3.10A, could impact the company’s market liquidity and provide investors with increased flexibility in trading these securities.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Director Increases Stake Through Securities Purchase Plan
Jun 18, 2025

Aspen Group Limited has announced a change in the director’s interest notice, specifically involving John Freedman, a director of the company. On June 17, 2025, Freedman acquired 2,800 stapled securities at a price of $2.90 each, increasing his total holdings to 43,183 stapled securities. This acquisition was made through a Securities Purchase Plan announced on May 15, 2025. The transaction did not occur during a closed period, indicating compliance with trading regulations.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Director’s Interest Update
Jun 17, 2025

Aspen Group Limited has announced a change in the director’s interest, specifically regarding Edwina Gilbert. The change involves the acquisition of 10,344 stapled securities at a value of $2.90 per security, increasing the total holdings to 197,344 stapled securities. This acquisition was made through a Securities Purchase Plan announced on ASX, reflecting the company’s ongoing strategic financial maneuvers.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Director Increases Stake through Securities Purchase Plan
Jun 17, 2025

Aspen Group Limited announced a change in the director’s interest, specifically for John Carter, who acquired additional stapled securities through a Securities Purchase Plan. This acquisition reflects a strategic move to increase holdings and potentially strengthen the director’s influence within the company, indicating a positive outlook on the company’s future performance.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Announces Director’s Securities Acquisition
Jun 17, 2025

Aspen Group Limited has announced a change in the director’s interest in securities, specifically involving Guy Farrands. On June 17, 2025, Farrands, through Kanook Pty Ltd atf Kanook Super Fund, acquired 10,344 Stapled Securities at $2.90 each, increasing his total holdings to 221,390 Stapled Securities. This acquisition was part of a Securities Purchase Plan announced on May 15, 2025, and it reflects the company’s ongoing efforts to engage its directors in equity participation, potentially aligning their interests with those of shareholders.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Expands Market Presence with New Securities Quotation
Jun 16, 2025

Aspen Group Limited has announced the quotation of 1,379,310 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) under the code APZ, effective June 17, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s market presence and provide additional capital for its operations, potentially benefiting stakeholders by improving liquidity and investment opportunities.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Completes $4 Million Security Purchase Plan Amid Strong Demand
Jun 11, 2025

Aspen Group Limited successfully completed its Security Purchase Plan (SPP), raising the maximum amount of $4 million with the issuance of approximately 1.38 million new securities. The plan received strong demand, leading to a scale-back in allocations to ensure equitable distribution among security holders. The new securities will be issued on June 17, 2025, and will commence trading the following day, ranking equally with existing securities and eligible for the upcoming distribution.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Perpetual Limited Increases Stake in Aspen Group Limited
May 28, 2025

Perpetual Limited and its related bodies corporate have increased their voting power in Aspen Group Limited from 9.213% to 11.198%, as reported in a recent notice of change of interests of a substantial holder. This increase in voting power signifies a strengthened influence of Perpetual Limited in Aspen Group Limited, potentially impacting the company’s strategic decisions and market positioning.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group’s Strategic Approach to Sustainable Returns
May 27, 2025

Aspen Group Limited has announced its strategic approach to maximizing sustainable returns for its security holders by owning 100% of its properties and projects. The company emphasizes intensive management and offers a variety of lease terms and services, aiming to optimize profitability and reduce risk through disciplined acquisitions and capital recycling.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Launches Security Purchase Plan for Eligible Investors
May 27, 2025

Aspen Group Limited has announced the opening of a Security Purchase Plan (SPP) allowing eligible securityholders in Australia and New Zealand to acquire up to $30,000 worth of new stapled securities at $2.90 each, matching the price of a recent institutional placement. The SPP aims to raise up to $4 million, with applications subject to scaling back if oversubscribed, and the new securities will be entitled to distributions for the half year ending June 30, 2025.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Enhances Capital Through Institutional Placement
May 26, 2025

Aspen Group Limited has issued 24.2 million fully paid ordinary stapled securities at A$2.90 each to institutional and professional investors as part of an institutional placement. This move, conducted alongside a non-underwritten securities purchase plan, aims to strengthen the company’s capital base without the need for a prospectus, reflecting its compliance with relevant disclosure obligations.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group to Quote 24.2 Million Securities on ASX
May 22, 2025

Aspen Group Limited has announced the quotation of 24,200,000 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX), set to be issued on May 26, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market liquidity and providing additional capital for its operations, which could strengthen its position in the real estate sector.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Sells Stake in Eureka Group Holdings
May 22, 2025

Aspen Group Limited has announced that it has ceased to be a substantial holder in Eureka Group Holdings Limited as of May 20, 2025. The company sold 55,120,160 ordinary shares in Eureka, representing 13% of the voting securities, for a total consideration of $27,560,080. This divestment marks a significant change in Aspen’s investment strategy and could impact its financial positioning and stakeholder interests.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group’s Substantial Holder MA Financial Group Reduces Stake
May 21, 2025

Aspen Group Limited has announced a change in the interests of a substantial holder, MA Financial Group Limited, which now holds a reduced voting power of 7.23% down from 8.35%. This change reflects a decrease in the number of ordinary fully paid securities held by MA Financial Group, impacting the company’s shareholder structure and potentially its strategic decisions.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Cooper Investors Reduces Stake in Aspen Group Limited
May 20, 2025

Aspen Group Limited has announced a change in the substantial holding of its shares by Cooper Investors Pty Limited. The voting power of Cooper Investors has decreased from 17.0706% to 16.0024% due to the purchase of shares over a period between April 8, 2025, and May 16, 2025. This change in shareholding may impact the company’s market dynamics and influence its strategic decisions.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Sells Eureka Shares to Reduce Debt
May 19, 2025

Aspen Group Limited has announced the sale of its remaining 55 million shares in Eureka Group Holdings for a total of $27.5 million. The proceeds from this sale, along with recent equity raising, will be used to reduce the company’s net debt to approximately $92 million and decrease its gearing to about 14%. The company’s guidance for its underlying earnings per share for the fiscal year 2025 remains unchanged, indicating stability in its financial outlook despite the asset sale.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Completes $70 Million Equity Raising to Fuel Growth
May 16, 2025

Aspen Group has successfully completed an institutional placement, raising $70.18 million through the issuance of 24.2 million new securities at $2.90 each. The funds will be used to reduce debt and strengthen the company’s ability to pursue growth opportunities, reducing gearing to approximately 17%. Additionally, Aspen is offering a Security Purchase Plan (SPP) to eligible securityholders in Australia and New Zealand, allowing them to purchase up to $30,000 worth of new securities at the same price. This move is expected to enhance Aspen’s financial flexibility and support its strategic growth initiatives.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Announces Proposed Securities Issue to Strengthen Capital
May 15, 2025

Aspen Group Limited has announced a proposed issue of securities, which includes an offer under a securities purchase plan and a placement. The company plans to issue a total of 25,579,310 fully paid ordinary units stapled securities, with 1,379,310 units offered under the purchase plan and 24,200,000 units through a placement. The issuance aims to enhance the company’s capital structure and potentially improve its market positioning.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Launches Equity Raising to Boost Market Position
May 15, 2025

Aspen Group Limited has announced an equity raising initiative aimed at enhancing its operational capabilities and financial stability. The company’s proprietary approach focuses on maximizing sustainable returns through disciplined acquisitions and intensive property management. This initiative is expected to optimize Aspen’s portfolio, increase profitability, and reduce risk, thereby strengthening its market position and providing competitive rental accommodation options.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Announces Equity Raising Amid Strong Housing Demand
May 15, 2025

Aspen Group Limited has announced an equity raising to strengthen its balance sheet and support growth initiatives. The company is experiencing strong demand for its long stay accommodations due to a shortage of affordable housing in Australia, while short stay offerings show mixed results. Aspen’s development sales are robust, and the company is on track to meet its sales targets. The equity raising, consisting of an Institutional Placement and a Securityholder Purchase Plan, aims to provide financial flexibility for future growth and acquisitions, with an expected improvement in growth prospects and risk reduction over the medium term.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Initiates Trading Halt for Equity Raising
May 15, 2025

Aspen Group Limited has requested a trading halt on its securities pending an announcement related to an equity raising initiative. This move involves an institutional placement and a security purchase plan, with the halt expected to last until the announcement is made or normal trading resumes on 16 May 2025. The trading halt is a strategic step to facilitate the equity raising process, which could impact the company’s financial structure and market positioning.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$3.05 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

Aspen Group Expands Portfolio with Australind Acquisition
May 8, 2025

Aspen Group Limited has successfully completed the acquisition of a new accommodation complex in Australind, Western Australia, for $32.25 million. This acquisition, which includes 97 transportable dwellings and extensive community facilities, is part of Aspen’s strategy to expand its portfolio in residential and lifestyle property markets, potentially enhancing its market position and offering new development opportunities.

Aspen Group’s Strategic Approach to Sustainable Returns
May 1, 2025

Aspen Group Limited announced its strategic approach to maximizing profitability through intensive property management and offering a variety of lease terms and services. By focusing on disciplined acquisitions and providing flexible rental options, the company aims to optimize its portfolio, enhance profits and equity value, and reduce risk, thereby strengthening its position in the competitive rental accommodation market.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 06, 2025