Loading...

3P Learning

ASX:3PL
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3PL
ASX
A$152M
Market Cap
  1. Home
  2. AU
  3. Consumer Services
Company description

3P Learning Limited, together with its subsidiaries, develops, markets, and sells online educational programs to schools and parents of school-aged students. The last earnings update was 64 days ago. More info.


Add to Portfolio Compare Print
3PL Share Price and Events
7 Day Returns
-0.9%
ASX:3PL
0.9%
AU Consumer Services
1.7%
AU Market
1 Year Returns
-27.3%
ASX:3PL
43.3%
AU Consumer Services
5.9%
AU Market
3PL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
3P Learning (3PL) -0.9% 8.5% -3.5% -27.3% 1.9% -
AU Consumer Services 0.9% 5.5% 20.8% 43.3% 3.7% -17.3%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • 3PL underperformed the Consumer Services industry which returned 43.3% over the past year.
  • 3PL underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
3PL
Industry
5yr Volatility vs Market

Value

 Is 3P Learning undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of 3P Learning to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for 3P Learning.

ASX:3PL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:3PL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.978 (1 + (1- 30%) (0.02%))
0.985
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.985 * 5.96%)
8.18%

Discounted Cash Flow Calculation for ASX:3PL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for 3P Learning is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:3PL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.18%)
2019 0.96 Est @ -9.95% 0.89
2020 0.90 Est @ -6.27% 0.77
2021 0.87 Est @ -3.7% 0.68
2022 0.85 Est @ -1.89% 0.62
2023 0.85 Est @ -0.63% 0.57
2024 0.85 Est @ 0.25% 0.53
2025 0.85 Est @ 0.87% 0.49
2026 0.87 Est @ 1.3% 0.46
2027 0.88 Est @ 1.61% 0.43
2028 0.90 Est @ 1.82% 0.41
Present value of next 10 years cash flows A$5.86
ASX:3PL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$0.90 × (1 + 2.31%) ÷ (8.18% – 2.31%)
A$15.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$15.61 ÷ (1 + 8.18%)10
A$7.11
ASX:3PL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$5.86 + A$7.11
A$12.97
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$12.97 / 139.33
A$0.09
ASX:3PL Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.09
Current discount Discount to share price of A$1.09
= -1 x (A$1.09 - A$0.09) / A$0.09
-1071.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of 3P Learning is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for 3P Learning's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 3P Learning's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:3PL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.15
ASX:3PL Share Price ** ASX (2019-04-23) in AUD A$1.09
Australia Consumer Services Industry PE Ratio Median Figure of 11 Publicly-Listed Consumer Services Companies 18.72x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of 3P Learning.

ASX:3PL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:3PL Share Price ÷ EPS (both in AUD)

= 1.09 ÷ -0.15

-7.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 3P Learning is loss making, we can't compare its value to the AU Consumer Services industry average.
  • 3P Learning is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does 3P Learning's expected growth come at a high price?
Raw Data
ASX:3PL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
84.2%per year
Australia Consumer Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Services Companies 1.34x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for 3P Learning, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 3P Learning's assets?
Raw Data
ASX:3PL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.15
ASX:3PL Share Price * ASX (2019-04-23) in AUD A$1.09
Australia Consumer Services Industry PB Ratio Median Figure of 19 Publicly-Listed Consumer Services Companies 2.11x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:3PL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:3PL Share Price ÷ Book Value per Share (both in AUD)

= 1.09 ÷ 0.15

7.21x

* Primary Listing of 3P Learning.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 3P Learning is overvalued based on assets compared to the AU Consumer Services industry average.
X
Value checks
We assess 3P Learning's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. 3P Learning has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is 3P Learning expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
84.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is 3P Learning expected to grow at an attractive rate?
  • 3P Learning's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • 3P Learning's earnings growth is expected to exceed the Australia market average.
  • 3P Learning's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:3PL Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:3PL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 84.2%
ASX:3PL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 8.9%
Australia Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 20.1%
Australia Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 11.6%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:3PL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:3PL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 65 10 2
2020-06-30 60 8 2
2019-06-30 56 7 2
ASX:3PL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 51 11 -22
2018-09-30 53 12 -20
2018-06-30 55 14 -19
2018-03-31 56 14 -6
2017-12-31 56 14 7
2017-09-30 54 15 0
2017-06-30 52 15 -7
2017-03-31 52 13 -8
2016-12-31 52 12 -8
2016-09-30 51 12 -2
2016-06-30 50 12 4
2016-03-31 49 15 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 3P Learning's earnings are expected to grow significantly at over 20% yearly.
  • 3P Learning's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:3PL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from 3P Learning Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:3PL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.07 0.07 0.07 1.00
2020-06-30 0.06 0.06 0.06 1.00
2019-06-30 0.05 0.05 0.05 1.00
ASX:3PL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.15
2018-09-30 -0.14
2018-06-30 -0.13
2018-03-31 -0.04
2017-12-31 0.05
2017-09-30 0.00
2017-06-30 -0.05
2017-03-31 -0.06
2016-12-31 -0.06
2016-09-30 -0.02
2016-06-30 0.03
2016-03-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • 3P Learning is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess 3P Learning's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
3P Learning has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has 3P Learning performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare 3P Learning's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 3P Learning does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare 3P Learning's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare 3P Learning's 1-year growth to the AU Consumer Services industry average as it is not currently profitable.
Earnings and Revenue History
3P Learning's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from 3P Learning Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:3PL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 51.08 -21.52 6.88
2018-09-30 53.26 -20.10 7.49
2018-06-30 55.45 -18.69 8.11
2018-03-31 55.61 -6.05 8.95
2017-12-31 55.77 6.60 9.80
2017-09-30 54.13 -0.26 9.63
2017-06-30 52.50 -7.11 9.46
2017-03-31 52.12 -7.73 9.19
2016-12-31 51.74 -8.35 8.93
2016-09-30 50.64 -2.36 9.65
2016-06-30 49.55 3.63 10.38
2016-03-31 49.17 6.95 4.98
2015-12-31 48.80 10.28 -0.43
2015-09-30 46.52 7.18 3.78
2015-06-30 44.25 4.09 7.98
2015-03-31 41.88 1.73 13.85
2014-12-31 39.50 -0.63 19.73
2014-09-30 37.97 2.21 15.52
2014-06-30 36.43 5.05 11.32
2014-03-31 35.35 5.93 3.79
2013-12-31 34.27 6.81 -3.74
2013-09-30 33.01 4.89 1.42
2013-06-30 31.75 2.97 6.57
2012-06-30 33.06 5.84 27.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if 3P Learning has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if 3P Learning has efficiently used its assets last year compared to the AU Consumer Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if 3P Learning improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess 3P Learning's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
3P Learning has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is 3P Learning's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up 3P Learning's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 3P Learning's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • 3P Learning's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 3P Learning's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 976.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from 3P Learning Company Filings, last reported 3 months ago.

ASX:3PL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 21.06 0.02 10.07
2018-09-30 21.06 0.02 10.07
2018-06-30 19.01 0.03 23.03
2018-03-31 19.01 0.03 23.03
2017-12-31 38.89 20.04 3.47
2017-09-30 38.89 20.04 3.47
2017-06-30 34.41 9.54 3.30
2017-03-31 34.41 9.54 3.30
2016-12-31 35.08 24.54 4.23
2016-09-30 35.08 24.54 4.23
2016-06-30 43.55 11.55 4.30
2016-03-31 43.55 11.55 4.30
2015-12-31 38.88 4.54 3.11
2015-09-30 38.88 4.54 3.11
2015-06-30 33.14 0.04 31.40
2015-03-31 33.14 0.04 31.40
2014-12-31 26.85 0.20 15.81
2014-09-30 26.85 0.20 15.81
2014-06-30 7.26 0.30 26.66
2014-03-31 7.26 0.30 26.66
2013-12-31 18.22 0.45 13.45
2013-09-30 18.22 0.45 13.45
2013-06-30 14.49 0.57 16.79
2012-06-30 23.03 0.73 17.93
  • 3P Learning's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (2.5% vs 0.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making 3P Learning has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making 3P Learning has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.9% per year.
X
Financial health checks
We assess 3P Learning's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. 3P Learning has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is 3P Learning's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from 3P Learning dividends. Estimated to be 0.57% next year.
If you bought A$2,000 of 3P Learning shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate 3P Learning's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 3P Learning's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:3PL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:3PL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.01 2.00
2020-06-30 0.01 2.00
2019-06-30 0.00 2.00
ASX:3PL Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2017-02-22 0.000 0.000
2016-08-25 0.000 0.000
2015-08-26 0.018 1.396
2014-08-25 0.100 4.284
2014-07-09 0.020 0.859

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as 3P Learning has not reported any payouts.
  • Unable to verify if 3P Learning's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 3P Learning's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 3P Learning has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of 3P Learning's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess 3P Learning's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can 3P Learning afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 3P Learning has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of 3P Learning's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rebekah O’Flaherty
COMPENSATION A$1,025,056
TENURE AS CEO 2.8 years
CEO Bio

Ms. Rebekah O’Flaherty has been the Chief Executive Officer, Managing Director and Director of 3P Learning Limited since June 1,2016 and served as its Acting Chief Product Officer until June 21, 2017. Ms. O’Flaherty served as General Manager Sales of Service & Marketing at Origin Energy. She has years of experience as a high energy leader with extensive experience in technology companies in the United States, Europe and Australia. She has a deep understanding of the digital platforms, services and direct consumer connections gained through digital channel management at HP and Origin.

CEO Compensation
  • Rebekah's compensation has been consistent with company performance over the past year.
  • Rebekah's remuneration is higher than average for companies of similar size in Australia.
Management Team

Rebekah O’Flaherty

TITLE
CEO, MD & Director
COMPENSATION
A$1M
TENURE
2.8 yrs

Simon Yeandle

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Simon Perry

TITLE
Chief Information Officer

Marta Kielich

TITLE
General Counsel & Company Secretary

Tania Black

TITLE
Chief People Officer

Deepak Karandikar

TITLE
Head of Sales & Marketing Americas

Jolanta Masojada

TITLE
Investor Relations Adviser
Board of Directors Tenure

Average tenure of the 3P Learning board of directors in years:

3.8
Average Tenure
  • The tenure for the 3P Learning board of directors is about average.
Board of Directors

Sam Weiss

TITLE
Independent Non-Executive Chairperson
COMPENSATION
A$224K
AGE
64

Rebekah O’Flaherty

TITLE
CEO, MD & Director
COMPENSATION
A$1M
TENURE
2.8 yrs

Claire Hatton

TITLE
Independent Non-Executive Director
COMPENSATION
A$137K
TENURE
4.8 yrs

Roger Amos

TITLE
Independent Non-Executive Director
COMPENSATION
A$137K
AGE
70
TENURE
4.8 yrs

Mark Lamont

TITLE
Independent Non-Executive Director
COMPENSATION
A$42K
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
24. Apr 19 Buy Schroder Investment Management Limited Company 14. Sep 18 24. Apr 19 2,183,898 A$1.15 A$2,501,000
09. Apr 19 Sell FIL Limited Company 03. Jul 18 03. Jul 18 -398,332 A$1.21 A$-481,981
09. Apr 19 Buy FIL Limited Company 07. May 18 21. Sep 18 1,901,743 A$1.52 A$2,603,623
05. Mar 19 Buy Viburnum Funds Pty Ltd. Company 28. Dec 18 05. Mar 19 2,402,585 A$1.19 A$2,625,077
27. Dec 18 Buy Viburnum Funds Pty Ltd. Company 21. Dec 18 27. Dec 18 2,250,645 A$1.05 A$2,370,957
21. Dec 18 Buy Viburnum Funds Pty Ltd. Company 19. Dec 18 19. Dec 18 1,948,411 A$1.07 A$2,089,384
11. Dec 18 Buy Sterling Equity Pty Ltd. Company 24. Aug 18 07. Dec 18 1,515,066 A$1.19 A$1,801,576
14. Nov 18 Buy Viburnum Funds Pty Ltd. Company 24. Jul 17 14. Nov 18 6,659,785 A$1.58 A$8,426,649
17. Sep 18 Buy Samuel Weiss Individual 12. Sep 18 12. Sep 18 9,297 A$1.24 A$11,528
13. Sep 18 Sell Schroder Investment Management Limited Company 12. Oct 17 13. Sep 18 -3,378,109 A$1.24 A$-4,198,774
13. Sep 18 Buy Schroder Investment Management Limited Company 12. Oct 17 13. Sep 18 1,956,985 A$1.27 A$2,491,220
12. Sep 18 Buy Samuel Weiss Individual 06. Sep 18 11. Sep 18 26,472 A$1.24 A$32,738
05. Sep 18 Buy Rebekah O’Flaherty Individual 05. Sep 18 05. Sep 18 12,000 A$1.24 A$14,934
24. Aug 18 Buy Sterling Equity Pty Ltd. Company 03. May 18 23. Aug 18 1,544,128 A$1.31 A$2,015,518
07. May 18 Buy FIL Limited Company 03. May 18 03. May 18 1,640,691 A$1.46 A$2,395,409
X
Management checks
We assess 3P Learning's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 3P Learning has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing 3P Learning (ASX:3PL), The Stock That Dropped 26% In The Last Year

Longer term shareholders haven't suffered as badly, since the stock is down a comparatively less painful 15% in three years. … To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Simply Wall St -

Does The 3P Learning Limited (ASX:3PL) Share Price Tend To Follow The Market?

If you're interested in 3P Learning Limited (ASX:3PL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Does 3P Learning Limited's (ASX:3PL) CEO Salary Compare Well With Others?

Rebekah O’Flaherty became the CEO of 3P Learning Limited (ASX:3PL) in 2016. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Rebekah O’Flaherty's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Kind Of Shareholders Own 3P Learning Limited (ASX:3PL)?

The big shareholder groups in 3P Learning Limited (ASX:3PL) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … 3P Learning is not a large company by global standards.

Simply Wall St -

Why 3P Learning Limited (ASX:3PL) Could Have A Place In Your Portfolio

3P Learning Limited (ASX:3PL) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … is a company with

Simply Wall St -

3P Learning Limited (ASX:3PL): What Does Its Beta Value Mean For Your Portfolio?

If you're interested in 3P Learning Limited (ASX:3PL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Do You Get For Owning 3P Learning Limited (ASX:3PL)?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand 3P Learning’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Breaking Down 3P Learning Limited's (ASX:3PL) Ownership Structure

I am going to take a deep dive into 3P Learning Limited’s (ASX:3PL) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine 3PL's ownership structure in more detail.

Simply Wall St -

Is There Now An Opportunity In 3P Learning Limited (ASX:3PL)?

As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on 3P Learning’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Is 3P Learning Limited (ASX:3PL) Attractive At This PE Ratio?

and want to learn about the link between company’s fundamentals and stock market performance. … While 3PL might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will break down what the P/E ratio is, how to interpret it and what to watch out for

Simply Wall St -

Company Info

Description

3P Learning Limited, together with its subsidiaries, develops, markets, and sells online educational programs to schools and parents of school-aged students. It provides online education with e-learning programs covering mathematics, spelling, literacy, reading, and phonics. The company offers its products under the Mathseeds, Mathletics, Reading Eggs, Spellodrome, and WordFlyers brand names. It serves approximately 5 million students in approximately 16,500 schools worldwide. The company is headquartered in North Sydney, Australia.

Details
Name: 3P Learning Limited
3PL
Exchange: ASX
Founded:
A$151,874,245
139,334,170
Website: http://www.3plearning.com
Address: 3P Learning Limited
124 Walker Street,
Level 18,
North Sydney,
New South Wales, 2060,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX 3PL Ordinary Shares Australian Securities Exchange AU AUD 09. Jul 2014
Number of employees
Current staff
Staff numbers
250
3P Learning employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:35
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/02
Last earnings filing: 2019/02/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.