Morningstar Rating

Stock Research and Analysis

by Andrew Lange

Bulls Say

Ansys is poised to benefit as companies create increasingly complex products that are subject to a wider range of physical constraints.
Advanced customers that require hundreds of simulations for complex products are driving the adoption of Ansys' high-performance computing solutions. HPC now counts for about 10% of group revenue.
Investors and management have near-term visibility as recurring revenue is around 70% of group revenue. Read more 

Bears Say

Over time, well-capitalized competitors may challenge Ansys' breadth and depth in engineering simulation software, which may erode the company's competitive advantage.
The company generates around 65% of its revenue offshore. A strong appreciation in the U.S. dollar could negatively affect group revenue.
Ansys pursues acquisitions in order to improve its product road map. However, the company could be unduly burdened by poor integration. Read more 

Management

James Cashman III joined Ansys in 1997 and was named CEO in 2000. He has extensive experience in the software and CAD industries, which we believe is an appropriate background. Peter Smith is the chairman and served as CEO before Cashman. Smith also   Read more 

Profile

Founded in 1970, Ansys is an engineering simulation software company that enables its customers to test products by simulating multiple concepts before the manufacturing   Read more 

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