Financials Lincoln Educational Services Corporation

Equities

LINC

US5335351004

Professional & Business Education

Market Closed - Nasdaq 04:00:00 2024-06-07 pm EDT 5-day change 1st Jan Change
10.27 USD -1.91% Intraday chart for Lincoln Educational Services Corporation -12.37% +2.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 68.13 172.1 201.7 183.2 314.8 322.9 -
Enterprise Value (EV) 1 68.13 172.1 201.7 183.2 314.8 322.9 322.9
P/E ratio 33.8 x 4.36 x 7.18 x 16.1 x 11.8 x 33.7 x 16.4 x
Yield - - - - - - -
Capitalization / Revenue 0.25 x 0.59 x 0.6 x 0.53 x 0.83 x 0.76 x 0.7 x
EV / Revenue 0.25 x 0.59 x 0.6 x 0.53 x 0.83 x 0.76 x 0.7 x
EV / EBITDA 5.1 x 7.76 x 5.73 x 6.5 x 11.9 x 8.15 x 6.86 x
EV / FCF - 9.61 x 10.1 x -22.6 x -20.8 x -7.62 x 25.2 x
FCF Yield - 10.4% 9.87% -4.42% -4.81% -13.1% 3.96%
Price to Book - 1.89 x 1.56 x 1.03 x 1.89 x 1.79 x 1.58 x
Nbr of stocks (in thousands) 25,232 26,476 27,001 31,637 31,359 31,444 -
Reference price 2 2.700 6.500 7.470 5.790 10.04 10.27 10.27
Announcement Date 2/26/20 3/3/21 2/28/22 2/27/23 2/26/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 273.3 293.1 335.3 348.3 378.1 423.6 458.8
EBITDA 1 13.35 22.18 35.18 28.17 26.5 39.63 47.05
EBIT 1 5.238 14.78 27.48 16.28 33.36 13.15 29.3
Operating Margin 1.92% 5.04% 8.2% 4.67% 8.82% 3.11% 6.39%
Earnings before Tax (EBT) 1 2.283 13.51 47.25 16.44 35.64 13.36 29.06
Net income 1 2.015 47.19 33.5 11.52 26 9.686 20.66
Net margin 0.74% 16.1% 9.99% 3.31% 6.88% 2.29% 4.5%
EPS 2 0.0800 1.490 1.040 0.3600 0.8500 0.3050 0.6267
Free Cash Flow 1 - 17.9 19.92 -8.104 -15.14 -42.4 12.8
FCF margin - 6.11% 5.94% -2.33% -4% -10.01% 2.79%
FCF Conversion (EBITDA) - 80.72% 56.62% - - - 27.21%
FCF Conversion (Net income) - 37.94% 59.45% - - - 61.95%
Dividend per Share - - - - - - -
Announcement Date 2/26/20 3/3/21 2/28/22 2/27/23 2/26/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 87.82 82.55 82.14 91.81 91.78 87.28 88.65 99.62 102.5 103.4 100.6 109.6 110.1 107.4 108.8
EBITDA 1 14.34 2.441 2.416 7.358 15.66 2.196 2.444 6.14 15.73 6.545 6.078 12.19 14.83 8.382 9.409
EBIT 1 12.27 -0.326 0.396 4.88 11.33 -1.116 -3.198 1.996 8.962 -0.458 -0.6117 5.5 8.59 4.432 5.409
Operating Margin 13.97% -0.39% 0.48% 5.32% 12.34% -1.28% -3.61% 2% 8.74% -0.44% -0.61% 5.02% 7.8% 4.13% 4.97%
Earnings before Tax (EBT) 1 32.9 -0.369 0.361 4.844 11.6 -0.674 24.03 2.853 9.425 -0.327 -0.3638 5.507 8.56 4.548 5.574
Net income 1 23.66 -0.032 -0.045 3.24 8.362 -0.109 17.25 2.064 6.792 -0.214 -0.226 3.983 6.135 3.373 4.056
Net margin 26.94% -0.04% -0.05% 3.53% 9.11% -0.12% 19.46% 2.07% 6.62% -0.21% -0.22% 3.64% 5.57% 3.14% 3.73%
EPS 2 0.7300 - - 0.1000 0.2700 - 0.5700 0.0700 0.2200 -0.0100 -0.005000 0.1275 0.1900 0.1100 0.1300
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/28/22 5/9/22 8/8/22 11/7/22 2/27/23 5/8/23 8/7/23 11/6/23 2/26/24 5/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 17.9 19.9 -8.1 -15.1 -42.4 12.8 -
ROE (net income / shareholders' equity) - - - 10.7% - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 3.440 4.790 5.600 5.320 5.730 6.480 -
Cash Flow per Share - - - - - - - -
Capex 1 - 5.58 7.53 8.99 40.7 66 25 10
Capex / Sales - 1.9% 2.25% 2.58% 10.76% 15.58% 5.45% -
Announcement Date 2/26/20 3/3/21 2/28/22 2/27/23 2/26/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
10.27 USD
Average target price
14.75 USD
Spread / Average Target
+43.62%
Consensus
  1. Stock Market
  2. Equities
  3. LINC Stock
  4. Financials Lincoln Educational Services Corporation