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SEER

Ser Educacional BOVESPA:SEER3 Stock Report

Last Price

R$6.71

Market Cap

R$863.7m

7D

-8.8%

1Y

-63.2%

Updated

24 Jun, 2022

Data

Company Financials +
SEER3 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends2/6

SEER3 Stock Overview

Ser Educacional S.A. primarily engages in the development and management of activities in the areas of teaching, on-site and digital undergraduate, graduate, professional education, and other associated areas in Brazil.

Ser Educacional Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Ser Educacional
Historical stock prices
Current Share PriceR$6.71
52 Week HighR$18.88
52 Week LowR$6.62
Beta1.57
1 Month Change-16.33%
3 Month Change-42.25%
1 Year Change-63.17%
3 Year Change-73.00%
5 Year Change-72.61%
Change since IPO-60.94%

Recent News & Updates

May 10
Is Ser Educacional (BVMF:SEER3) A Risky Investment?

Is Ser Educacional (BVMF:SEER3) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

SEER3BR Consumer ServicesBR Market
7D-8.8%-2.6%-0.8%
1Y-63.2%-64.9%-29.7%

Return vs Industry: SEER3 exceeded the BR Consumer Services industry which returned -66% over the past year.

Return vs Market: SEER3 underperformed the BR Market which returned -31.2% over the past year.

Price Volatility

Is SEER3's price volatile compared to industry and market?
SEER3 volatility
SEER3 Average Weekly Movement5.1%
Consumer Services Industry Average Movement7.7%
Market Average Movement5.9%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.8%

Stable Share Price: SEER3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SEER3's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aJânyo Janguiê Dinizhttps://www.sereducacional.com

Ser Educacional S.A. primarily engages in the development and management of activities in the areas of teaching, on-site and digital undergraduate, graduate, professional education, and other associated areas in Brazil. It manages 62 campuses, including two universities, 19 university centers, and 33 colleges, as well as 516 digital education centers. The company operates under the UNINASSAU, Faculdades UNINASSAU, Faculdades Joaquim Nabuco, UNIJUAZEIRO - Centro Universitário de Juazeiro do Norte, Universidade da Amazônia - UNAMA, Universidade do Norte - UNINORTE, Centro Universitário de Ciências Biomédicas de Cacoal - UNIFACIMED and Sociedade Educacional de Rondônia – UNESC, Universidade de Guarulhos and UNIVERITAS brands.

Ser Educacional Fundamentals Summary

How do Ser Educacional's earnings and revenue compare to its market cap?
SEER3 fundamental statistics
Market CapR$863.72m
Earnings (TTM)R$4.10m
Revenue (TTM)R$1.48b

210.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEER3 income statement (TTM)
RevenueR$1.48b
Cost of RevenueR$689.80m
Gross ProfitR$791.04m
Other ExpensesR$786.95m
EarningsR$4.10m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 12, 2022

Earnings per share (EPS)0.032
Gross Margin53.42%
Net Profit Margin0.28%
Debt/Equity Ratio40.0%

How did SEER3 perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

797%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SEER3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SEER3?

Other financial metrics that can be useful for relative valuation.

SEER3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA6x
PEG Ratio3.3x

Price to Sales Ratio vs Peers

How does SEER3's PS Ratio compare to its peers?

SEER3 PS Ratio vs Peers
The above table shows the PS ratio for SEER3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.8x

Price-To-Sales vs Peers: SEER3 is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.8x).


Price to Earnings Ratio vs Industry

How does SEER3's PE Ratio compare vs other companies in the Global Consumer Services Industry?

Price-To-Sales vs Industry: SEER3 is good value based on its Price-To-Sales Ratio (0.6x) compared to the BR Consumer Services industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is SEER3's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SEER3 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: SEER3 is good value based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).


Share Price vs Fair Value

What is the Fair Price of SEER3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SEER3 (R$6.71) is trading below our estimate of fair value (R$13.78)

Significantly Below Fair Value: SEER3 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: SEER3 is poor value based on its PEG Ratio (3.3x)


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Future Growth

How is Ser Educacional forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


64.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEER3's forecast earnings growth (64.9% per year) is above the savings rate (9.1%).

Earnings vs Market: SEER3's earnings (64.9% per year) are forecast to grow faster than the BR market (7.1% per year).

High Growth Earnings: SEER3's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SEER3's revenue (8.9% per year) is forecast to grow faster than the BR market (5.7% per year).

High Growth Revenue: SEER3's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SEER3's Return on Equity is forecast to be low in 3 years time (8.3%).


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Past Performance

How has Ser Educacional performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-19.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SEER3 has a large one-off loss of R$52.5M impacting its March 31 2022 financial results.

Growing Profit Margin: SEER3's current net profit margins (0.3%) are lower than last year (14.3%).


Past Earnings Growth Analysis

Earnings Trend: SEER3's earnings have declined by 19.2% per year over the past 5 years.

Accelerating Growth: SEER3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SEER3 had negative earnings growth (-97.7%) over the past year, making it difficult to compare to the Consumer Services industry average (20.7%).


Return on Equity

High ROE: SEER3's Return on Equity (0.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Ser Educacional's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SEER3's short term assets (R$615.1M) exceed its short term liabilities (R$566.4M).

Long Term Liabilities: SEER3's short term assets (R$615.1M) do not cover its long term liabilities (R$1.3B).


Debt to Equity History and Analysis

Debt Level: SEER3's net debt to equity ratio (27.5%) is considered satisfactory.

Reducing Debt: SEER3's debt to equity ratio has increased from 32.2% to 40% over the past 5 years.

Debt Coverage: SEER3's debt is well covered by operating cash flow (35.9%).

Interest Coverage: SEER3's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


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Dividend

What is Ser Educacional current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.97%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SEER3's dividend (4.97%) is higher than the bottom 25% of dividend payers in the BR market (1.74%).

High Dividend: SEER3's dividend (4.97%) is low compared to the top 25% of dividend payers in the BR market (7.74%).


Stability and Growth of Payments

Stable Dividend: SEER3 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SEER3's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (796.6%), SEER3's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33%), SEER3's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

9.4yrs

Average management tenure


CEO

Jânyo Janguiê Diniz

19.25yrs

Tenure

Mr. Jânyo Janguiê Bezerra Diniz has been the Chief Executive Officer at Grupo Ser Educacional S.A. since March 2003 and serves as its Member of Board of Executive Officers and served as its Director of Inv...


Leadership Team

Experienced Management: SEER3's management team is seasoned and experienced (9.4 years average tenure).


Board Members

Experienced Board: SEER3's board of directors are considered experienced (8.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

Ser Educacional S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ser Educacional S.A.
  • Ticker: SEER3
  • Exchange: BOVESPA
  • Founded: 1993
  • Industry: Education Services
  • Sector: Consumer Services
  • Implied Market Cap: R$863.722m
  • Shares outstanding: 128.72m
  • Website: https://www.sereducacional.com

Number of Employees


Location

  • Ser Educacional S.A.
  • Rua Treze de Maio
  • nº 254
  • Recife
  • Pernambuco
  • 50100-160
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.