Here's Why We Think Global Education (NSE:GLOBAL) Is Well Worth Watching
Aug 31
Indian (NIFTY) Education Services Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies29
- 7D-5.7%
- 3M-7.4%
- 1Y-3.0%
- YTD1.0%
Over the last 7 days, the Education Services industry has dropped 5.7%, driven by a pullback from NIIT Learning Systems of 8.5%. Meanwhile, Zee Learn actually outperformed within the industry, gaining 7.9% in the last week. The industry has fallen 3.0% in the last year. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Indian Education Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | ₹118.3b | ₹33.6b | -₹2,774,268,484.00 | 33.3x | -42.6x | 3.5x |
| Mon, 21 Aug 2023 | ₹113.7b | ₹19.3b | -₹4,700,065,770.00 | 37.2x | -24.2x | 5.9x |
| Wed, 19 Jul 2023 | ₹64.8b | ₹17.7b | -₹4,878,498,180.00 | 35.8x | -13.3x | 3.7x |
| Fri, 16 Jun 2023 | ₹68.8b | ₹17.7b | -₹4,916,918,293.00 | 32x | -14x | 3.9x |
| Sun, 14 May 2023 | ₹65.3b | ₹15.2b | -₹1,331,596,925.00 | 31.7x | -49x | 4.3x |
| Tue, 11 Apr 2023 | ₹59.2b | ₹14.8b | -₹1,376,014,925.00 | 34.6x | -43x | 4x |
| Thu, 09 Mar 2023 | ₹56.2b | ₹14.8b | -₹1,376,014,925.00 | 33.2x | -40.8x | 3.8x |
| Sat, 04 Feb 2023 | ₹61.7b | ₹13.8b | -₹206,761,925.00 | 33x | -298.6x | 4.5x |
| Mon, 02 Jan 2023 | ₹66.0b | ₹14.8b | -₹207,435,925.00 | 26.4x | -318.1x | 4.5x |
| Wed, 30 Nov 2022 | ₹65.1b | ₹14.5b | -₹242,806,925.00 | 25.4x | -268.1x | 4.5x |
| Fri, 28 Oct 2022 | ₹67.2b | ₹13.0b | ₹65.7m | 26.7x | 1022.9x | 5.2x |
| Sun, 25 Sep 2022 | ₹60.3b | ₹12.9b | ₹32.3m | 25.4x | 1871x | 4.7x |
| Tue, 23 Aug 2022 | ₹57.8b | ₹12.8b | ₹53.8m | 19.2x | 1075.7x | 4.5x |
| Thu, 21 Jul 2022 | ₹58.1b | ₹11.4b | -₹177,074,995.00 | 24.6x | -328.2x | 5.1x |
| Sat, 18 Jun 2022 | ₹48.9b | ₹11.4b | -₹193,562,995.00 | 24.1x | -252.4x | 4.3x |
| Mon, 16 May 2022 | ₹40.2b | ₹10.1b | -₹523,818,204.00 | 25.4x | -76.7x | 4x |
| Wed, 13 Apr 2022 | ₹49.3b | ₹9.1b | -₹747,961,186.00 | 167.1x | -65.9x | 5.4x |
| Fri, 11 Mar 2022 | ₹44.9b | ₹9.1b | -₹749,114,593.00 | 177.9x | -59.9x | 5x |
| Sun, 06 Feb 2022 | ₹39.9b | ₹10.8b | -₹644,416,730.00 | 41.4x | -61.9x | 3.7x |
| Tue, 04 Jan 2022 | ₹39.8b | ₹10.7b | -₹557,501,159.00 | 45.8x | -71.3x | 3.7x |
| Thu, 02 Dec 2021 | ₹32.6b | ₹10.7b | -₹557,460,423.00 | 36.3x | -58.6x | 3.1x |
| Sat, 30 Oct 2021 | ₹31.1b | ₹10.9b | -₹661,778,473.00 | 82.1x | -47x | 2.8x |
| Mon, 27 Sep 2021 | ₹30.4b | ₹11.2b | -₹628,691,156.00 | 69.4x | -48.4x | 2.7x |
| Wed, 25 Aug 2021 | ₹27.7b | ₹11.4b | -₹651,642,475.00 | 51.4x | -42.5x | 2.4x |
| Thu, 01 Jul 2021 | ₹27.8b | ₹11.4b | -₹651,642,475.00 | 44.1x | -42.7x | 2.4x |
| Sun, 04 Apr 2021 | ₹22.4b | ₹12.4b | -₹734,532,807.00 | 43.2x | -30.5x | 1.8x |
| Wed, 06 Jan 2021 | ₹22.5b | ₹13.0b | -₹1,569,116,421.00 | 17.4x | -14.3x | 1.7x |
| Sat, 10 Oct 2020 | ₹19.6b | ₹13.1b | -₹1,388,885,837.00 | 30.1x | -14.1x | 1.5x |
Price to Earnings Ratio
-14.1x
Current Industry PE
- Investors are relatively neutral on the Indian Education Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Education Services industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 37% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Indian Education Services compare with similar industries?
| IN Market | -1.77% | |
| Consumer Discretionary | -1.35% | |
| Consumer Services | -5.65% | |
| Education Services | -5.71% | |
| Specialized Consumer Services | -3.57% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 533287 Zee Learn | ₹6.00 | 7.9% +₹143.5m | -18.6% | PS0.6x | |
| GTECJAINX G-Tec Jainx Education | ₹78.25 | 6.0% +₹45.3m | 138.2% | PE94.6x | |
| EDUCOMP Educomp Solutions | ₹2.65 | 12.8% +₹36.7m | -27.4% | PS23.5x | |
| GLOBAL Global Education | ₹190.45 | 0.7% +₹28.5m | 3.0% | PE14x | |
| 542592 Humming Bird Education | ₹698.25 | 5.0% +₹20.4m | n/a | PE163.7x |