aspen is a software company which helps capital intensive businesses optimize performance (save money, more efficient operations) to simplify it.
done some research on it, massive profit margins at about 45%, roe 63%, current ratio .98, share buybacks have cumulatively been 1.3 billion which is impressive considering an 8.2 billion market cap.
the business model itself is great, 2200 blue chip companies in 5-7 year contracts, i doubt once businesses integrate the software into their platform they’ll switch to save a few bucks. also the only optimization software provider that has engineering, manu & supply, and asset performance management on one platform.
organic growth is good, at around 7% past 5 years with 10-12% FY2020 projections.
i don’t see many reasons not to, someone shoot me down.
Submitted December 04, 2019 at 06:48PM by whossayn https://ift.tt/2RmrYbI
