Perdoceo Education Intrinsic Value Calculation – PERDOCEO EDUCATION Reports Q2 Earnings for Fiscal Year Ending August 3 2023
August 12, 2023
🌥️Earnings Overview
PERDOCEO EDUCATION ($NASDAQ:PRDO) reported its second quarter earnings results on June 30 2023 for the fiscal year ending August 3 2023. The total revenue for the quarter was USD 186.6 million, an 11.3% increase from the same quarter of the previous year. Net income was USD 54.7 million, a 112.1% rise from the corresponding period of the prior year.
Market Price
The stock opened at $13.8 and closed at $13.9, up by 0.6% from the prior closing price of $13.9. This achievement was attributed to the company’s ability to adjust quickly to changing market conditions and increase their revenue through innovative and creative solutions. This was driven by the company’s focus on expanding their customer base and providing engaging and quality learning experiences for their learners.
Additionally, the company also invested in new technologies that enabled them to generate more efficient operations and improve customer satisfaction. This was due to the company’s ability to effectively manage their expenses and control costs, which allowed them to remain competitive in the market. Overall, PERDOCEO EDUCATION proved to be a strong performer in Q2, providing positive returns for shareholders and delivering excellent customer experiences. The company remains focused on increasing its presence in the education sector and continuing to offer innovative solutions that will help them remain competitive in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Perdoceo Education. More…
| Total Revenues | Net Income | Net Margin |
| 726.73 | 127.18 | 21.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Perdoceo Education. More…
| Operations | Investing | Financing |
| 159.63 | -147.62 | -11.94 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Perdoceo Education. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.01k | 221.24 | 11.74 |
Key Ratios Snapshot
Some of the financial key ratios for Perdoceo Education are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.2% | 1.2% | 24.5% |
| FCF Margin | ROE | ROA |
| 20.7% | 14.3% | 11.0% |
Analysis – Perdoceo Education Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of PERDOCEO EDUCATION‘s wellbeing. Using our proprietary Valuation Line model, we calculated that the intrinsic value of PERDOCEO EDUCATION’s share is around $13.2. We’ve found that the stock is now being traded at $13.9, slightly overvalued by 5.1%. This indicates that the market is aware of their potential, and will continue to reward them with a fair price. More…
Peers
There is intense competition between Perdoceo Education Corp and its competitors Koolearn Technology Holding Ltd, Grand Canyon Education Inc, and Jiangsu Chuanzhiboke Education Technology Co Ltd. All of these companies are vying for a share of the online education market. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which company best meets their needs.
– Koolearn Technology Holding Ltd ($SEHK:01797)
Koolearn Technology Holding Ltd has a market cap of 41.73B as of 2022. The company’s return on equity is -3.35%. Koolearn Technology Holding Ltd is a provider of online education services in China. The company offers a range of online education services, including English language learning, exams preparation, and other educational services.
– Grand Canyon Education Inc ($NASDAQ:LOPE)
The company provides online post-secondary education. As of May 2022, the company had a market capitalization of $3.45 billion and a return on equity of 26.95%. The company’s stock is traded on the Nasdaq Global Select Market under the ticker symbol “LOPE”.
– Jiangsu Chuanzhiboke Education Technology Co Ltd ($SZSE:003032)
Jiangsu Chuanzhiboke Education Technology Co Ltd has a market cap of 7.2B as of 2022, a Return on Equity of 10.39%. The company is engaged in the provision of educational services. It offers services including online education, offline education, and training services. The company was founded in 2006 and is headquartered in Suzhou, China.
Summary
PERDOCEO EDUCATION has delivered an impressive second quarter result for the fiscal year ending August 3 2023, with total revenue of USD 186.6 million, representing an 11.3% year-on-year increase. Net income was reported to be USD 54.7 million, a 112.1% increase versus the same quarter of the previous year. These strong results suggest that investing in PERDOCEO EDUCATION is a potentially attractive option for investors.
Furthermore, the long-term outlook of the company looks positive, as demonstrated by increased revenue year-on-year. Investors should consider adding PERDOCEO EDUCATION to their portfolio to capitalize on potential upside opportunities.
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