Financials IDP Education Limited

Equities

IEL

AU000000IEL5

Professional & Business Education

Delayed Australian S.E. 05:48:05 02/05/2024 am IST 5-day change 1st Jan Change
15.89 AUD 0.00% Intraday chart for IDP Education Limited -1.61% -20.72%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,476 4,529 6,830 6,630 6,150 4,422 - -
Enterprise Value (EV) 1 4,480 4,282 6,580 6,590 6,192 4,520 4,486 4,439
P/E ratio 67.7 x 59.4 x 173 x 64.7 x 41.5 x 26.2 x 23.5 x 19.5 x
Yield 1.1% 1.07% 0.33% 1.13% 1.86% 2.77% 3.09% 3.66%
Capitalization / Revenue 7.48 x 7.71 x 12.9 x 8.36 x 6.26 x 4.04 x 3.75 x 3.35 x
EV / Revenue 7.49 x 7.29 x 12.4 x 8.31 x 6.31 x 4.13 x 3.81 x 3.36 x
EV / EBITDA 38.9 x 28.8 x 60.1 x 32.7 x 22.3 x 14.4 x 13.1 x 11.2 x
EV / FCF 81.4 x 76.2 x 68 x 59.4 x 47.1 x 33.5 x 23.2 x 19.1 x
FCF Yield 1.23% 1.31% 1.47% 1.68% 2.12% 2.98% 4.31% 5.24%
Price to Book 29.1 x 11 x 17.6 x 14.6 x 11.9 x 7.97 x 7.33 x 6.72 x
Nbr of stocks (in thousands) 2,53,454 2,92,399 2,78,312 2,78,336 2,78,267 2,78,310 - -
Reference price 2 17.66 15.49 24.54 23.82 22.10 15.89 15.89 15.89
Announcement Date 21/08/19 19/08/20 24/08/21 24/08/22 22/08/23 - - -
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 1,095 1,178 1,321
EBITDA 1 115 148.6 109.4 201.4 278.3 313.9 343.4 395.7
EBIT 1 97.12 107.8 71.8 163.2 227.8 258.1 281.9 329.9
Operating Margin 16.24% 18.35% 13.58% 20.57% 23.2% 23.56% 23.93% 24.97%
Earnings before Tax (EBT) 1 95.37 102.6 58.86 152.1 207.3 236.2 260.5 313.2
Net income 1 66.63 67.87 39.68 102.6 148.5 169.2 188.3 225.9
Net margin 11.14% 11.56% 7.51% 12.93% 15.13% 15.45% 15.98% 17.1%
EPS 2 0.2609 0.2609 0.1422 0.3679 0.5328 0.6075 0.6775 0.8157
Free Cash Flow 1 55.03 56.2 96.76 111 131.3 134.9 193.2 232.4
FCF margin 9.2% 9.57% 18.3% 13.99% 13.38% 12.31% 16.4% 17.59%
FCF Conversion (EBITDA) 47.84% 37.82% 88.46% 55.1% 47.2% 42.97% 56.26% 58.74%
FCF Conversion (Net income) 82.6% 82.8% 243.83% 108.17% 88.43% 79.69% 102.6% 102.89%
Dividend per Share 2 0.1950 0.1650 0.0800 0.2700 0.4100 0.4406 0.4910 0.5818
Announcement Date 21/08/19 19/08/20 24/08/21 24/08/22 22/08/23 - - -
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 1 379 208.1 269.1 259.7 396.8 396.6 501.8 480.1 579.1 522.2 588.8 537.7
EBITDA 1 106.2 - - 41.43 99.38 - - 131.2 186.9 138 175 145
EBIT 1 86.9 - - 24.5 80.7 82.5 123.2 104.6 158.8 105.6 159.9 111.5
Operating Margin 22.93% - - 9.43% 20.34% 20.8% 24.55% 21.79% 27.42% 20.22% 27.15% 20.73%
Earnings before Tax (EBT) 1 84.1 - - - - - - - 135.8 102 135 104
Net income 1 57.7 - - - - - - - 97.17 70.05 97 75
Net margin 15.22% - - - - - - - 16.78% 13.41% 16.47% 13.95%
EPS 2 - - - - 0.1826 0.1853 0.2939 0.2389 0.3483 0.2437 0.3480 0.2745
Dividend per Share - - - - - - 0.2100 0.2000 - - - -
Announcement Date 11/02/20 19/08/20 23/02/21 24/08/21 08/02/22 24/08/22 22/02/23 22/08/23 13/02/24 - - -
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 97.7 63.3 16.3
Net Cash position 1 - 247 250 40.2 - - - -
Leverage (Debt/EBITDA) 0.0384 x - - - 0.1523 x 0.3113 x 0.1843 x 0.0413 x
Free Cash Flow 1 55 56.2 96.8 111 131 135 193 232
ROE (net income / shareholders' equity) 53.8% 25.9% 10.3% 24.3% 30.5% 31.7% 32.9% 36.1%
ROA (Net income/ Total Assets) 20.9% 12.7% 5.72% 12.3% 13.5% 15.3% 16.9% 19.1%
Assets 1 319.2 535.7 693.9 835.1 1,104 1,104 1,112 1,181
Book Value Per Share 2 0.6100 1.410 1.400 1.640 1.860 1.990 2.170 2.360
Cash Flow per Share 2 0.3700 0.4500 0.3000 0.5000 0.6100 0.7100 0.8700 1.010
Capex 1 19.7 22.4 20.1 29.6 38.9 51 50.5 51.8
Capex / Sales 3.29% 3.82% 3.81% 3.74% 3.97% 4.65% 4.29% 3.92%
Announcement Date 21/08/19 19/08/20 24/08/21 24/08/22 22/08/23 - - -
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
15.89 AUD
Average target price
22.85 AUD
Spread / Average Target
+43.80%
Consensus
  1. Stock Market
  2. Equities
  3. IEL Stock
  4. Financials IDP Education Limited