IDP EDUCATION LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.12 AUD | -0.53% |
|
+4.27% | -24.46% |
| Jun. 06 | Transcript : IDP Education Limited - Special Call | |
| May. 14 | UBS Downgrades IDP Education to Neutral from Buy, Price Target is AU$17.65 | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,476 | 4,529 | 6,830 | 6,630 | 6,150 | 4,177 | - | - |
| Enterprise Value (EV) 1 | 4,480 | 4,282 | 6,580 | 6,590 | 6,192 | 4,285 | 4,280 | 4,227 |
| P/E ratio | 67.7 x | 59.4 x | 173 x | 64.7 x | 41.5 x | 28.9 x | 29.5 x | 23.6 x |
| Yield | 1.1% | 1.07% | 0.33% | 1.13% | 1.86% | 2.67% | 2.54% | 3.03% |
| Capitalization / Revenue | 7.48 x | 7.71 x | 12.9 x | 8.36 x | 6.26 x | 4.02 x | 4.14 x | 3.71 x |
| EV / Revenue | 7.49 x | 7.29 x | 12.4 x | 8.31 x | 6.31 x | 4.12 x | 4.24 x | 3.76 x |
| EV / EBITDA | 38.9 x | 28.8 x | 60.1 x | 32.7 x | 22.3 x | 15.2 x | 15.6 x | 13.2 x |
| EV / FCF | 81.4 x | 76.2 x | 68 x | 59.4 x | 47.1 x | 37.5 x | 28.3 x | 22.4 x |
| FCF Yield | 1.23% | 1.31% | 1.47% | 1.68% | 2.12% | 2.66% | 3.53% | 4.47% |
| Price to Book | 29.1 x | 11 x | 17.6 x | 14.6 x | 11.9 x | 7.9 x | 7.49 x | 6.97 x |
| Nbr of stocks (in thousands) | 253,454 | 292,399 | 278,312 | 278,336 | 278,267 | 278,310 | - | - |
| Reference price 2 | 17.66 | 15.49 | 24.54 | 23.82 | 22.10 | 15.20 | 15.20 | 15.20 |
| Announcement Date | 8/21/19 | 8/19/20 | 8/24/21 | 8/24/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 598.1 | 587.1 | 528.7 | 793.3 | 981.9 | 1,040 | 1,010 | 1,125 |
| EBITDA 1 | 115 | 148.6 | 109.4 | 201.4 | 278.3 | 281.5 | 274.7 | 319.6 |
| EBIT 1 | 97.12 | 107.8 | 71.8 | 163.2 | 227.8 | 224.2 | 213.9 | 257.2 |
| Operating Margin | 16.24% | 18.35% | 13.58% | 20.57% | 23.2% | 21.55% | 21.18% | 22.86% |
| Earnings before Tax (EBT) 1 | 95.37 | 102.6 | 58.86 | 152.1 | 207.3 | 200.5 | 190.1 | 244.1 |
| Net income 1 | 66.63 | 67.87 | 39.68 | 102.6 | 148.5 | 147 | 141.6 | 178.5 |
| Net margin | 11.14% | 11.56% | 7.51% | 12.93% | 15.13% | 14.13% | 14.02% | 15.86% |
| EPS 2 | 0.2609 | 0.2609 | 0.1422 | 0.3679 | 0.5328 | 0.5254 | 0.5158 | 0.6437 |
| Free Cash Flow 1 | 55.03 | 56.2 | 96.76 | 111 | 131.3 | 114.2 | 151.2 | 189 |
| FCF margin | 9.2% | 9.57% | 18.3% | 13.99% | 13.38% | 10.97% | 14.97% | 16.79% |
| FCF Conversion (EBITDA) | 47.84% | 37.82% | 88.46% | 55.1% | 47.2% | 40.54% | 55.04% | 59.12% |
| FCF Conversion (Net income) | 82.6% | 82.8% | 243.83% | 108.17% | 88.43% | 77.65% | 106.77% | 105.89% |
| Dividend per Share 2 | 0.1950 | 0.1650 | 0.0800 | 0.2700 | 0.4100 | 0.4055 | 0.3862 | 0.4605 |
| Announcement Date | 8/21/19 | 8/19/20 | 8/24/21 | 8/24/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 379 | 208.1 | 269.1 | 259.7 | 396.8 | 396.6 | 501.8 | 480.1 | 579.1 | 454.8 | 522.3 | 438 |
| EBITDA 1 | 106.2 | - | - | 41.43 | 99.38 | - | - | 131.2 | 186.9 | 95 | 141 | 70 |
| EBIT 1 | 86.9 | - | - | 24.5 | 80.7 | 82.5 | 123.2 | 104.6 | 158.8 | 73.34 | 131.4 | 90.42 |
| Operating Margin | 22.93% | - | - | 9.43% | 20.34% | 20.8% | 24.55% | 21.79% | 27.42% | 16.12% | 25.16% | 20.65% |
| Earnings before Tax (EBT) 1 | 84.1 | - | - | - | - | - | - | - | 135.8 | 56 | 101 | 28 |
| Net income 1 | 57.7 | - | - | - | - | - | - | - | 97.17 | 41 | 72 | 20 |
| Net margin | 15.22% | - | - | - | - | - | - | - | 16.78% | 9.01% | 13.79% | 4.57% |
| EPS 2 | - | - | - | - | 0.1826 | 0.1853 | 0.2939 | 0.2389 | 0.3483 | 0.1420 | 0.2645 | 0.1300 |
| Dividend per Share | - | - | - | - | - | - | 0.2100 | 0.2000 | 0.2500 | - | - | - |
| Announcement Date | 2/11/20 | 8/19/20 | 2/23/21 | 8/24/21 | 2/8/22 | 8/24/22 | 2/22/23 | 8/22/23 | 2/13/24 | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 4.42 | - | - | - | 42.4 | 107 | 102 | 49.7 |
| Net Cash position 1 | - | 247 | 250 | 40.2 | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.0384 x | - | - | - | 0.1523 x | 0.3808 x | 0.3722 x | 0.1556 x |
| Free Cash Flow 1 | 55 | 56.2 | 96.8 | 111 | 131 | 114 | 151 | 189 |
| ROE (net income / shareholders' equity) | 53.8% | 25.9% | 10.3% | 24.3% | 30.5% | 27.9% | 25.1% | 28.4% |
| ROA (Net income/ Total Assets) | 20.9% | 12.7% | 5.72% | 12.3% | 13.5% | 12.3% | 12.3% | 14.8% |
| Assets 1 | 319.2 | 535.7 | 693.9 | 835.1 | 1,104 | 1,195 | 1,156 | 1,207 |
| Book Value Per Share 2 | 0.6100 | 1.410 | 1.400 | 1.640 | 1.860 | 1.920 | 2.030 | 2.180 |
| Cash Flow per Share 2 | 0.3700 | 0.4500 | 0.3000 | 0.5000 | 0.6100 | 0.6300 | 0.7000 | 0.8200 |
| Capex 1 | 19.7 | 22.4 | 20.1 | 29.6 | 38.9 | 54.7 | 53.7 | 50 |
| Capex / Sales | 3.29% | 3.82% | 3.81% | 3.74% | 3.97% | 5.26% | 5.32% | 4.44% |
| Announcement Date | 8/21/19 | 8/19/20 | 8/24/21 | 8/24/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
15.2
AUD
Average target price
18.44
AUD
Spread / Average Target
+21.34%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -24.46% | 2.76B | |
| +29.95% | 1.78B | |
| -52.70% | 1.6B | |
| -26.58% | 1.45B | |
| -.--% | 813M | |
| +14.94% | 776M | |
| +21.35% | 753M | |
| +2.93% | 719M | |
| -19.22% | 672M | |
| -23.51% | 622M |
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- Financials IDP Education Limited
