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IEL

IDP EducationASX:IEL Stock Report

Market Cap

AU$10.3b

7D

4.5%

1Y

91.5%

Updated

22 Oct, 2021

Data

Company Financials +
IEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance2/6
Financial Health5/6
Dividends0/6

IEL Overview

IDP Education Limited engages in the placement of students into education institutions in Asia, Australasia, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for IDP Education
Historical stock prices
Current Share PriceAU$37.36
52 Week HighAU$18.73
52 Week LowAU$37.89
Beta0.99
1 Month Change14.67%
3 Month Change27.86%
1 Year Change91.49%
3 Year Change305.21%
5 Year Change724.72%
Change since IPO998.82%

Recent News & Updates

Oct 12
Shareholders Will Probably Not Have Any Issues With IDP Education Limited's (ASX:IEL) CEO Compensation

Shareholders Will Probably Not Have Any Issues With IDP Education Limited's (ASX:IEL) CEO Compensation

The performance at IDP Education Limited ( ASX:IEL ) has been rather lacklustre of late and shareholders may be...

Sep 29
A Look At The Fair Value Of IDP Education Limited (ASX:IEL)

A Look At The Fair Value Of IDP Education Limited (ASX:IEL)

How far off is IDP Education Limited ( ASX:IEL ) from its intrinsic value? Using the most recent financial data, we'll...

Aug 27
When Should You Buy IDP Education Limited (ASX:IEL)?

When Should You Buy IDP Education Limited (ASX:IEL)?

IDP Education Limited ( ASX:IEL ), is not the largest company out there, but it saw a significant share price rise of...

Shareholder Returns

IELAU Consumer ServicesAU Market
7D4.5%2.2%0.7%
1Y91.5%60.3%21.4%

Return vs Industry: IEL exceeded the Australian Consumer Services industry which returned 60.3% over the past year.

Return vs Market: IEL exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is IEL's price volatile compared to industry and market?
IEL volatility
IEL Beta0.99
Industry Beta0.95
Market Beta1

Stable Share Price: IEL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IEL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aAndrew Barklahttps://www.idp.com

IDP Education Limited engages in the placement of students into education institutions in Asia, Australasia, and internationally. Its services include counselling, application processing, pre-departure guidance, student placement and examinations, English language teaching, client relations, online student recruitment, and shared services. The company is also involved in the distribution and administration of International English Language Testing System tests for study, work, and migration purposes.

IDP Education Fundamentals Summary

How do IDP Education's earnings and revenue compare to its market cap?
IEL fundamental statistics
Market CapAU$10.33b
Earnings (TTM)AU$39.68m
Revenue (TTM)AU$528.74m

261.9x

P/E Ratio

19.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IEL income statement (TTM)
RevenueAU$528.74m
Cost of RevenueAU$408.67m
Gross ProfitAU$120.08m
ExpensesAU$80.39m
EarningsAU$39.68m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin22.71%
Net Profit Margin7.51%
Debt/Equity Ratio14.6%

How did IEL perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

56%

Payout Ratio

Valuation

Is IDP Education undervalued compared to its fair value and its price relative to the market?

261.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IEL (A$37.36) is trading above our estimate of fair value (A$31.5)

Significantly Below Fair Value: IEL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IEL is poor value based on its PE Ratio (261.9x) compared to the Australian Consumer Services industry average (30.1x).

PE vs Market: IEL is poor value based on its PE Ratio (261.9x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: IEL is poor value based on its PEG Ratio (5.5x)


Price to Book Ratio

PB vs Industry: IEL is overvalued based on its PB Ratio (26.7x) compared to the AU Consumer Services industry average (2.7x).


Future Growth

How is IDP Education forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

47.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IEL's forecast earnings growth (47.3% per year) is above the savings rate (1.9%).

Earnings vs Market: IEL's earnings (47.3% per year) are forecast to grow faster than the Australian market (11.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IEL's revenue (26.6% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: IEL's revenue (26.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IEL's Return on Equity is forecast to be very high in 3 years time (42.6%).


Past Performance

How has IDP Education performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IEL has high quality earnings.

Growing Profit Margin: IEL's current net profit margins (7.5%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: IEL's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: IEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IEL had negative earnings growth (-41.7%) over the past year, making it difficult to compare to the Consumer Services industry average (43.2%).


Return on Equity

High ROE: IEL's Return on Equity (10.2%) is considered low.


Financial Health

How is IDP Education's financial position?


Financial Position Analysis

Short Term Liabilities: IEL's short term assets (A$431.8M) exceed its short term liabilities (A$170.8M).

Long Term Liabilities: IEL's short term assets (A$431.8M) exceed its long term liabilities (A$136.6M).


Debt to Equity History and Analysis

Debt Level: IEL's debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if IEL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IEL's debt is well covered by operating cash flow (206%).

Interest Coverage: IEL's interest payments on its debt are well covered by EBIT (18.7x coverage).


Balance Sheet


Dividend

What is IDP Education current dividend yield, its reliability and sustainability?

0.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IEL's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: IEL's dividend (0.21%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: IEL is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: IEL is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: IEL is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IEL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Andrew Barkla

6.17yrs

Tenure

AU$2,566,069

Compensation

Mr. Andrew Barkla has been the Chief Executive Officer and Managing Director of IDP Education Limited since August 17, 2015. Mr. Barkla has extensive experience in the technology, services and software ind...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD1.92M) is about average for companies of similar size in the Australian market ($USD2.36M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IEL's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: IEL's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IEL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IDP Education Limited's employee growth, exchange listings and data sources


Key Information

  • Name: IDP Education Limited
  • Ticker: IEL
  • Exchange: ASX
  • Founded: 1969
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: AU$10.325b
  • Shares outstanding: 278.15m
  • Website: https://www.idp.com

Location

  • IDP Education Limited
  • Melbourne Quarter 2
  • Level 10
  • Docklands
  • Victoria
  • 3008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.