Financials Adtalem Global Education Inc.

Equities

ATGE

US00737L1035

Miscellaneous Educational Service Providers

Real-time Estimate Cboe BZX 03:08:53 2024-05-15 pm EDT 5-day change 1st Jan Change
65.6 USD -0.19% Intraday chart for Adtalem Global Education Inc. +2.03% +11.64%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,549 1,614 1,761 1,624 1,498 2,471 - -
Enterprise Value (EV) 1 2,642 1,614 2,132 2,116 1,919 2,967 2,779 2,471
P/E ratio 28.2 x -19.6 x 23.9 x - - - - -
Yield - - - - - - - -
Capitalization / Revenue 2.06 x 1.53 x 1.58 x 1.17 x 1.03 x 1.57 x 1.49 x 1.4 x
EV / Revenue 2.13 x 1.53 x 1.92 x 1.53 x 1.32 x 1.89 x 1.67 x 1.4 x
EV / EBITDA 9.88 x 7.6 x 8.51 x 6.25 x 5.59 x 7.86 x 6.84 x 5.4 x
EV / FCF 18.9 x 15.3 x 12.2 x -103 x 11.6 x 15.6 x 14.8 x -
FCF Yield 5.3% 6.53% 8.19% -0.98% 8.65% 6.41% 6.74% -
Price to Book - 1.23 x 1.35 x - - - - -
Nbr of stocks (in thousands) 56,582 51,802 49,424 45,144 43,609 37,606 - -
Reference price 2 45.05 31.15 35.64 35.97 34.34 65.72 65.72 65.72
Announcement Date 8/22/19 8/18/20 8/19/21 8/11/22 8/10/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,240 1,052 1,112 1,387 1,451 1,573 1,660 1,768
EBITDA 1 267.5 212.4 250.6 338.5 343.4 377.3 406.5 458
EBIT 1 215.7 166.1 202.9 271.3 287.6 305.5 331.6 380.4
Operating Margin 17.4% 15.79% 18.24% 19.56% 19.82% 19.42% 19.98% 21.51%
Earnings before Tax (EBT) 1 170.2 - 126.8 -45.06 112 165.1 261.2 -
Net income 1 95.17 -85.33 76.91 317.7 93.36 133 204 -
Net margin 7.68% -8.11% 6.91% 22.9% 6.43% 8.45% 12.29% -
EPS 1.600 -1.590 1.490 - - - - -
Free Cash Flow 1 140.1 105.4 174.5 -20.63 165.9 190.3 187.3 -
FCF margin 11.3% 10.02% 15.69% -1.49% 11.43% 12.09% 11.28% -
FCF Conversion (EBITDA) 52.38% 49.64% 69.64% - 48.3% 50.44% 46.08% -
FCF Conversion (Net income) 147.22% - 226.88% - 177.7% 143.08% 91.81% -
Dividend per Share - - - - - - - -
Announcement Date 8/22/19 8/18/20 8/19/21 8/11/22 8/10/23 - - -
1USD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 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 2025 Q3 2025 Q4
Net sales 1 371.2 365.6 361.2 354.6 363.3 369.1 364.6 368.8 393.2 412.7 398.6 394.4 414 434 422.3
EBITDA 1 109 - 103.2 82.05 92.13 85.92 83.28 80.54 92.56 107.1 96.42 87.63 98.98 115 104.6
EBIT 1 70.23 76.52 88.13 65.1 79.51 72.97 69.93 63.31 75.57 89.78 76.11 72.33 83.42 98.44 89.03
Operating Margin 18.92% 20.93% 24.4% 18.36% 21.88% 19.77% 19.18% 17.16% 19.22% 21.76% 19.09% 18.34% 20.15% 22.68% 21.08%
Earnings before Tax (EBT) 1 -0.334 -2.276 26.12 6.9 27.86 48.95 27.93 14.75 45.48 48.04 56.8 50.8 63.2 79.4 67.8
Net income 1 17.85 349.8 8.014 2.192 24.14 45.87 22.24 10.65 39.89 36.82 45.4 39.6 49.3 62 52.9
Net margin 4.81% 95.68% 2.22% 0.62% 6.65% 12.43% 6.1% 2.89% 10.14% 8.92% 11.39% 10.04% 11.91% 14.28% 12.53%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/8/22 5/5/22 8/11/22 11/3/22 2/2/23 5/2/23 8/10/23 10/26/23 1/30/24 5/2/24 - - - - -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 93 - 370 492 421 495 308 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.3476 x - 1.477 x 1.453 x 1.227 x 1.312 x 0.7572 x -
Free Cash Flow 1 140 105 174 -20.6 166 190 187 -
ROE (net income / shareholders' equity) 6.54% -6.32% 5.89% - 13% 9.8% 13.9% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - 25.30 26.40 - - - - -
Cash Flow per Share 2 - - - - 4.450 4.690 4.730 -
Capex 1 64.8 44.1 48.7 31.1 37 73 76.2 -
Capex / Sales 5.22% 4.2% 4.37% 2.24% 2.55% 4.64% 4.59% -
Announcement Date 8/22/19 8/18/20 8/19/21 8/11/22 8/10/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
65.72 USD
Average target price
68.33 USD
Spread / Average Target
+3.98%
Consensus

Quarterly revenue - Rate of surprise

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