Want to see AU:APZ full AI Analyst Report?
Aspen Group Limited (APZ) AI Stock Analysis
Aspen Group Limited
(ASX:APZ)
The score is led by strong historical financial performance (revenue growth and high reported profitability), tempered by quality-of-earnings risks from persistently weaker cash conversion and higher leverage due to the 2026 debt increase. Technical signals are neutral and valuation appears reasonable with a modest dividend yield, providing balanced but not compelling support.
Aspen Group Limited (APZ) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 1.09B
- Dividend Yield
- 2.32%
- Average Volume (3M)
- 738.22K
- Price to Earnings (P/E)
- 14.8
- Beta (1Y)
- 0.86
- Revenue Growth
- 30.59%
- EPS Growth
- 13.40%
- Country
- Australia
- Employees
- 17
- Sector
- General
- Sector Strength
- 55
- Industry
- Real Estate - Diversified
Aspen Group Limited Business Overview & Revenue Model
Company Description
Aspen Group is a key operator in the accommodation market, supplying high-standard housing options at appealing prices. Their offerings span residential properties, retirement villages, and park communities. The company focuses its efforts on serving...
How the Company Makes Money
Aspen Group Limited makes money primarily through property-based income and value creation from its real estate portfolio. Key revenue streams typically include: (1) Rental and site-fee income: recurring payments from residents/tenants in its residen...
Aspen Group Limited Financial Statement Overview
Summary
Strong revenue compounding and robust reported profitability support the score, alongside a growing equity base and acceptable leverage. Offsetting factors are weaker cash conversion (operating cash flow below net income in all years) and a notable jump in debt in 2026, which increases sensitivity to financing conditions and property values.
Income Statement
82Very PositiveBalance Sheet
74PositiveCash Flow
67Positive| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 141.21M | 141.21M | 108.13M | 91.12M | 65.67M | 46.68M |
| Gross Profit | 71.81M | 71.81M | 59.63M | 56.29M | 37.20M | 24.31M |
| EBITDA | 104.72M | 104.72M | 38.03M | 73.02M | 22.20M | 12.44M |
| Net Income | 72.57M | 72.57M | 57.05M | 48.44M | 54.40M | 75.38M |
Balance Sheet | ||||||
| Total Assets | 924.73M | 924.73M | 733.46M | 668.95M | 575.84M | 468.49M |
| Cash, Cash Equivalents and Short-Term Investments | 5.26M | 5.26M | 9.99M | 4.52M | 8.92M | 10.89M |
| Total Debt | 222.97M | 222.97M | 131.01M | 199.90M | 171.69M | 154.42M |
| Total Liabilities | 323.27M | 323.27M | 187.81M | 235.29M | 214.67M | 191.47M |
| Stockholders Equity | 605.29M | 605.29M | 549.49M | 437.49M | 365.00M | 280.86M |
Cash Flow | ||||||
| Free Cash Flow | 43.14M | 43.14M | 22.90M | 29.12M | 11.79M | 12.50M |
| Operating Cash Flow | 45.68M | 45.68M | 22.90M | 30.95M | 14.06M | 14.12M |
| Investing Cash Flow | -83.93M | -83.93M | 8.09M | -38.43M | -50.40M | -85.40M |
| Financing Cash Flow | 33.51M | 33.51M | -25.52M | 3.08M | 34.53M | 73.73M |
Aspen Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:APZ, the sentiment is Neutral. The current price of 4.70 is above the 20-day moving average (MA) of 4.64, below the 50-day MA of 4.70, and below the 200-day MA of 4.97, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.68 is Neutral, neither overbought nor oversold. The STOCH value of 80.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:APZ.
Aspen Group Limited Peers Comparison
Overall Rating
AU:INA78Outperform
AU:CWP75Outperform
AU:PPC71Outperform- AU:APZ69Neutral
AU:LIC58Neutral
AU:GLF56Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:INA | 78Outperform | AUD 2.16B | 11.54 | 10.91% | 1.73% | 8.14% | 45.13% |
| AU:CWP | 75Outperform | AUD 524.85M | 7.87 | 12.22% | 6.35% | 7.87% | 33.77% |
| AU:PPC | 71Outperform | AUD 668.17M | 6.45 | 16.17% | 9.13% | 1.05% | 77.00% |
| AU:APZ | 69Neutral | AUD 1.09B | 14.84 | 12.29% | 2.32% | 30.59% | 13.40% |
| AU:LIC | 58Neutral | AUD 516.64M | 10.90 | 7.06% | ― | 38.59% | ― |
| AU:GLF | 56Neutral | AUD 1.49B | 26.77 | 8.71% | 0.28% | 8.48% | -32.41% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:APZ | Aspen Group Limited | 4.75 | -0.39 | -7.66% | |
| AU:PPC | Peet Limited | 1.42 | -0.36 | -20.45% | |
| AU:INA | Ingenia Communities Group | 5.31 | -0.12 | -2.26% | |
| AU:CWP | Cedar Woods Properties Limited | 6.14 | -2.14 | -25.87% | |
| AU:LIC | Lifestyle Communities Ltd | 4.25 | -0.97 | -18.58% | |
| AU:GLF | Gemlife Communities Group | 3.92 | -1.12 | -22.18% |
Aspen Group Limited Corporate Events
Aspen Group Showcases Superior Returns and Integrated Strategy at Citi Conference
Aspen Group Limited operates as an owner, operator, developer and capital manager of accommodation properties, focusing on cost-effective, quality housing tailored to its core customer base. The company manages its assets intensively, offers varied l...
Aspen Group Sets Date and Digital Access for 2026 AGM
Aspen Group Limited and Aspen Property Trust, together known as Aspen Group, have scheduled their 2026 Annual General Meeting for 10 November 2026 at 10:30am AEDT in Sydney, inviting securityholders to attend in person. The company is distributing th...
Aspen Group files updated ASX governance statement and Appendix 4G
Aspen Group Limited has lodged its latest corporate governance statement for the financial year ended 30 June 2026, confirming that the document is available on its investor relations website and current as of 8 October 2026. The company has also fil...
Cooper Investors Exits Substantial Holding in Aspen Group
Cooper Investors Pty Limited has ceased to be a substantial shareholder in Aspen Group Limited, according to a notice filed under Australian Corporations Act disclosure rules. The change reflects a reduction in its voting interest in the company to b...
Aspen Group Tightens Director Disclosure Controls After Late Filing
Evolution Trustees Limited, as responsible entity of Aspen Property Trust within the Aspen Group stapled structure, has outlined its governance and compliance framework for director interest disclosures. The group operates under securities trading an...
Aspen Group Sets Date and Director Nomination Deadline for 2026 AGM
Aspen Group Limited has scheduled its 2026 Annual General Meeting of shareholders for 10 November 2026, in line with ASX listing requirements. The company will release formal meeting materials to investors ahead of the event, outlining resolutions an...
Aspen Group Bolsters Governance With New Alternate Director Appointment
Aspen Group has announced that Evolution Trustees Limited, the responsible entity for Aspen Property Trust, has appointed Kathryn Julia Neilson as an alternate director for Ben Michael Norman, effective 1 September 2026. Neilson, who serves as Chief...
Aspen Group director Edwina Gilbert lifts indirect stake in stapled securities
Aspen Group Limited has disclosed a change in director Edwina Gilbert’s indirect interest in the company’s stapled securities, reflecting an increase in holdings via Jenwin Pty Ltd as trustee for the Philip and Edwina Testamentary Trust....
Aspen Director Increases Stapled Securities Holding via Performance Rights Conversion
Aspen Group has reported a change in the interests of director David Dixon following the conversion of performance rights into stapled securities. On 31 August 2026, Dixon received 425,101 stapled securities at nil cash consideration, reflecting the...
Aspen Group Director Increases Stapled Securities Through Performance Rights Conversion
Aspen Group Limited has disclosed a change in the equity interests of director John Carter following the conversion of performance rights into stapled securities. The transaction involved the issue of 425,101 stapled securities at nil cash considerat...
Aspen Group Issues Performance-Based Stapled Securities to Staff and Executives
Aspen Group Limited and the Aspen Property Trust, which trade as stapled securities on the ASX, function within the property investment and management space under a listed trust-company structure. As regulated disclosing entities, they are required t...
Aspen Group Seeks ASX Quotation for New Stapled Securities
Aspen Group, listed on the ASX under ticker APZ, is an Australian stapled security issuer operating in the listed investment and funds sector. Its fully paid ordinary stapled securities structure is typical of property and investment vehicles designe...
Aspen Group Performance Rights Lapse Reduces Issued Capital
Aspen Group has reported the cessation of 5,714 performance rights, identified under the ASX security code APZAI. The rights lapsed because the conditional requirements attached to these securities were not met or became incapable of being satisfied,...
Aspen Group Director Doubles Stake in On‑Market Share Purchase
Aspen Group has disclosed a change in the holdings of director John Freedman, who increased his direct interest in the company through an on-market purchase. The transaction, executed via Elgin Avenue Pty Ltd on 19 August 2026 at $5.44 per stapled se...
Aspen Group Lifts FY27 Outlook on New Development Approvals
Aspen Group has released its FY26 financial results and outlined an upgraded guidance for FY27, signaling increased confidence in its near-term performance. The company also announced new development approvals, which are expected to support future gr...
Aspen Group Strengthens Leadership with New CIO and CFO Appointments
Aspen Group has created two new executive roles, appointing Patrick Maddern as Chief Investment Officer and Hamish Perks as Chief Financial Officer, effective 1 September 2026. Maddern, previously Head of Asset Management & Development, will over...
Aspen Property Trust Publishes Comprehensive 2026 Annual Financial Report
Aspen Property Trust has released its annual financial report for the year ended 30 June 2026, providing a detailed view of its consolidated profit or loss, financial position, cash flows and changes in equity. The report outlines key elements of its...
Aspen Group Posts 27% Profit Lift and Raises Underlying Earnings
Aspen Group Limited reported strong results for the year ended 30 June 2026, with revenue from ordinary activities rising 32% to $141.2 million and profit after tax increasing 27% to $72.6 million. Underlying operating earnings climbed 46% to $49.6 m...
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: Aug 19, 2026