Aspen Group Limited (AU:APZ)
ASX:APZ
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Aspen Group Limited
(Sydney:APZ)
Select Model
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Rating:71Outperform
Price Target:
AU$5.50
▼(-2.31% Downside)
Action:ReiteratedDate:10/25/25
Aspen Group Limited's stock score is driven by strong financial performance, particularly in revenue growth and profitability, despite some cash flow challenges. The technical analysis indicates bullish momentum, though caution is advised due to overbought signals. Valuation is fair, with a reasonable P/E ratio and moderate dividend yield.
Positive Factors
Revenue and Profitability
A 9.05% revenue increase alongside very high gross (55.15%) and net (52.76%) margins indicates durable operating strength and pricing power. These margins provide sustained internal cash generation and reinvestment capacity, supporting development and operational resilience over the medium term.
Negative Factors
Weak Cash Flow Growth
Negative free cash flow growth (-13.27%) and an OCF-to-net-income ratio of 0.40 indicate weakening cash generation versus reported earnings. Persistent FCF decline could necessitate external financing, constrain development projects, or limit shareholder returns, posing a structural funding risk over 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profitability
A 9.05% revenue increase alongside very high gross (55.15%) and net (52.76%) margins indicates durable operating strength and pricing power. These margins provide sustained internal cash generation and reinvestment capacity, supporting development and operational resilience over the medium term.
Read all positive factors
Aspen Group Limited (APZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.10B
Dividend Yield1.83%
Average Volume (3M)943.93K
Price to Earnings (P/E)9.2
Beta (1Y)0.67
Revenue Growth17.91%
EPS Growth6.19%
CountryAU
Employees17
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)0.11
Shares Outstanding227,665,440
10 Day Avg. Volume355,277
30 Day Avg. Volume943,930
Financial Highlights & Ratios
PEG Ratio1.86
Price to Book (P/B)1.48
Price to Sales (P/S)7.53
P/FCF Ratio35.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$5.96Price Target Upside5.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.21
Revenue Forecast (FY)AU$141.20M
Aspen Group Limited Business Overview & Revenue Model
Company Description
Aspen is a leading provider of quality accommodation on competitive terms in residential, retirement and park communities. Our core target customer base is the 40% of Australian households that can pay no more than $400 per week in rent or $400,00...
How the Company Makes Money
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Aspen Group Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 127.96M | 108.13M | 91.12M | 65.67M | 46.68M | 35.52M |
| Gross Profit | 66.69M | 59.63M | 56.29M | 37.20M | 24.31M | 23.55M |
| EBITDA | 72.88M | 38.03M | 73.02M | 22.20M | 12.44M | 26.56M |
| Net Income | 61.82M | 57.05M | 48.44M | 54.40M | 75.38M | 25.39M |
Balance Sheet | ||||||
| Total Assets | 859.07M | 733.46M | 668.95M | 575.84M | 468.49M | 249.93M |
| Cash, Cash Equivalents and Short-Term Investments | 8.08M | 9.99M | 4.52M | 8.92M | 10.89M | 9.53M |
| Total Debt | 210.85M | 131.01M | 199.90M | 171.69M | 154.42M | 83.18M |
| Total Liabilities | 287.58M | 187.81M | 235.29M | 214.67M | 191.47M | 97.38M |
| Stockholders Equity | 575.33M | 549.49M | 437.49M | 365.00M | 280.86M | 156.39M |
Cash Flow | ||||||
| Free Cash Flow | 35.94M | 22.90M | 29.12M | 11.79M | 12.50M | 10.20M |
| Operating Cash Flow | 36.40M | 22.90M | 30.95M | 14.06M | 14.12M | 11.27M |
| Investing Cash Flow | -86.77M | 8.09M | -38.43M | -50.40M | -85.40M | -35.69M |
| Financing Cash Flow | 53.10M | -25.52M | 3.08M | 34.53M | 73.73M | 24.54M |
Aspen Group Limited Technical Analysis
Negative
5.63
Price Trends
5.26
Negative
5.35
Negative
4.87
Negative
Market Momentum
-0.13
Negative
44.45
Neutral
59.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:APZ, the sentiment is Negative. The current price of 5.63 is above the 20-day moving average (MA) of 4.83, above the 50-day MA of 5.26, and above the 200-day MA of 4.87, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 44.45 is Neutral, neither overbought nor oversold. The STOCH value of 59.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:APZ.
Aspen Group Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$1.10B | 9.15 | 10.99% | 1.83% | 17.91% | 6.19% | |
67 Neutral | AU$365.71M | 2.70 | 11.81% | 7.46% | -3.97% | 1057.09% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | AU$944.72M | 24.03 | -0.16% | 3.17% | 206.14% | 101.96% | |
57 Neutral | AU$907.06M | 5.68 | 5.12% | 7.11% | 4.69% | ― | |
54 Neutral | AU$1.03B | 3.08 | 7.18% | 6.12% | -5.64% | 89.16% | |
53 Neutral | AU$567.47M | 2.79 | 6.22% | 8.63% | -4.50% | 88.28% |
* Real Estate Sector Average
AU:APZ
Aspen Group Limited
4.83
1.90
64.68%
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0.40
0.06
17.99%
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-4.03%
Aspen Group Limited Corporate Events
Aspen Group lifts earnings and development momentum as affordable housing demand stays strong
Apr 9, 2026
Aspen Group reported strong nine-month results to 31 March 2026, with net rental income up 20%, development profit up 153% and pre-tax earnings up 67%, leaving the company on track to meet its FY26 and FY27 earnings targets. Management highlighted...
Magellan Exits Substantial Holder Position in Aspen Group
Mar 17, 2026
Magellan Financial Group has notified Aspen Group Limited that it has ceased to be a substantial holder in the company as of 13 March 2026. The change reflects movements in Magellan’s relevant interest and voting power in Aspen’s secur...
Aspen Group Relocates Registered Office Within Surry Hills
Mar 13, 2026
Aspen Group has announced a change to its registered office and principal place of business, relocating within Surry Hills from Suite 21, 285A Crown Street to 111 Flinders Street, effective 16 March 2026. The move, approved by the board, represent...
Aspen Group Director David Dixon Sells 2 Million Stapled Securities
Mar 11, 2026
Aspen Group has disclosed a change in the interests of director David Dixon, who has sold 2,000,000 stapled securities in an on‑market trade at $5.70 per security. Following the sale, Dixon retains over 6.2 million stapled securities across ...
Aspen Group Director John Carter Cuts Stake in On-Market Trade
Mar 11, 2026
Aspen Group has disclosed a change in the holdings of director John Carter, who maintains both direct and indirect interests in the company’s stapled securities through several associated entities and his spouse. The updated notice details h...
Aspen Group Joint CEOs Trim Stakes in First Share Sale Since Joining
Mar 10, 2026
Aspen Group’s joint chief executives, David Dixon and John Carter, have sold a combined 3.5 million Aspen Group securities via a block trade, representing 18% of their aggregate holdings and marking their first sale since building stakes fro...
Aspen Group Schedules HY26 Results Webinar for February
Jan 19, 2026
Aspen Group will host a webinar to present its HY26 financial results at 11:30am (AEDT) on Thursday, 19 February 2026. The session will include a brief presentation followed by a QA, and investors are invited to register online in advance, undersc...
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.