profit from every A$100 of sales.
A$0A$100
Aspen Group
A$4.99-1.19% today
-3.1% in 1 year
1-year low A$4.251-year high A$6.33
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
You pay A$23.61 for every A$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Aspen Group sold, what it kept, and what it did with the cash.
Sales went from A$35.1 million in 2021 to A$91.1 million in 2024, with A$48.4 million of profit last year.
SalesProfit
Aspen Group handed back 52% of the cash it generated last year.
A$15M
Free cash flow 2024A$29M
Bought back its own shares–
Paid as dividendsA$15M
Cash vs. debtA$5M vs. A$200M
Aspen Group vs. similar companies
Aspen Group grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Aspen Group | 23.6× · Fair price | ||
 Mitsui Fudosan | 17.0× · Fair price | ||
 Henderson Land Development | 25.4× · Fair price | ||
 Swiss Prime Site | 28.1× · Fair price | ||
 Central Pattana Public | 15.7× · Fair price |
AI analysis
An AI analyst reads Aspen Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 35 | 46 | 66 | 91 | |
| 24 | 29 | 43 | 56 | |
| 9 | 11 | 21 | 27 | |
| 27 | 76 | 61 | 73 | |
| 25 | 75 | 54 | 48 | |
| 0.22 | 0.55 | 0.31 | 0.26 | |
| 67.2% | 62.2% | 66.2% | 61.8% | |
| 24.3% | 23.5% | 31.3% | 29.6% | |
| 72.4% | 163.8% | 82.8% | 53.2% |
Balance sheet
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 246 | 452 | 553 | 669 |
| Cash | 8 | 11 | 9 | 5 |
| Total debt | 83 | 154 | 172 | 200 |
| Total liabilities | 94 | 175 | 192 | 235 |
| 156 | 281 | 365 | 437 | |
| 116 | 138 | 176 | 185 | |
| 7.5% | 12.0% | 7.8% | 7.9% | |
| 16.2% | 26.8% | 14.9% | 11.1% |
Cash flow
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| – | – | – | – | |
| 1 | 2 | 2 | 2 | |
| 13 | 16 | 17 | 29 | |
| Dividends paid | 7 | 8 | 12 | 15 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 23.6×
- –
- 3.82
- 2.5×
- 12.6×
- 39.3×
- 18.3×
- 2.5%
- 4.2%
- 1.3%
Profitability
- 61.8%
- 29.6%
- 53.2%
- –
- 7.9%
- 8.8%
- –
- –
- –
- –
Growth
- +37.5%
- +6.2%
- –
- –
- +16.8%
Financial health
- 2.7×
- 0.46
- –
- 9.9×
- 0.74
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 19%of 746
Bottom 40%of 752
Bottom 31%of 667
Top 7%of 763
Bottom 29%of 762
1.3%of the share price, paid each year
On $1,000 invested$13a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
31.6% of its profit
Room to growStretchedMore than it earns: 52.5%
News
Aspen GAAP EPS of -$0.14, revenue of $10.3MSeeking Alpha · Aug 18, 2026The newest story we have is from Aug 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Aspen Group
Is Aspen Group a good stock to buy?
A strong, very profitable business at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aspen Group AI analysis
What does Aspen Group do?
Aspen Group is a stapled entity comprising Aspen Group Limited (the Company) and its controlled entities, and Aspen Property Trust and its controlled entities. It is in Real Estate - Diversified, based in Sydney, NSW, Australia.
Does Aspen Group pay a dividend?
Yes. At today's price the dividend is 1.3% a year, about 32% of its yearly profit. In 2024 it paid out A$15.3 million in dividends.
Is Aspen Group stock halal?
Yes. Aspen Group passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
How has Aspen Group stock done over the past year?
Down 3.1% over the past twelve months, to A$4.99. It traded between A$4.25 and A$6.33 and is 21.2% below its high.
Who are Aspen Group's competitors?
The largest listed companies in the same industry are Mitsui Fudosan, Henderson Land Development, Swiss Prime Site and Central Pattana Public. The peers table on this page compares their profit, growth and price with Aspen Group's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.