CIBT Education Group
Market Cap
CA$49.9m
Last Updated
2020/02/17 00:08 UTC
Data Sources
Company Financials +
Executive Summary
CIBT Education Group Inc., through its subsidiaries, operates as an education and student housing investment company.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Share Price & News
How has CIBT Education Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MBA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
MBA
-0.2%
CA Consumer Services
0.6%
CA Market
1 Year Return
-9.5%
MBA
4.1%
CA Consumer Services
5.8%
CA Market
Return vs Industry: MBA underperformed the Canadian Consumer Services industry which returned 4.1% over the past year.
Return vs Market: MBA underperformed the Canadian Market which returned 5.8% over the past year.
Shareholder returns
| MBA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.2% | 0.6% |
| 30 Day | 0% | 0.6% | 0.5% |
| 90 Day | 6.3% | 1.2% | 3.6% |
| 1 Year | -9.5%-9.5% | 4.4%4.1% | 9.1%5.8% |
| 3 Year | -2.9%-2.9% | 66.3%52.8% | 15.4%5.0% |
| 5 Year | 123.3%123.3% | 141.6%100.7% | 33.6%14.0% |
Price Volatility Vs. Market
How volatile is CIBT Education Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 hours ago | Simply Wall St
Are Insiders Buying CIBT Education Group Inc. (TSE:MBA) Stock?2 weeks ago | Simply Wall St
Introducing CIBT Education Group (TSE:MBA), The Stock That Zoomed 190% In The Last Five Years4 weeks ago | Simply Wall St
Why You Should Care About CIBT Education Group Inc.’s (TSE:MBA) Low Return On CapitalValuation
Is CIBT Education Group undervalued compared to its fair value and its price relative to the market?
36.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MBA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MBA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MBA is poor value based on its PE Ratio (36.4x) compared to the Consumer Services industry average (26.3x).
PE vs Market: MBA is poor value based on its PE Ratio (36.4x) compared to the Canadian market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: MBA is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: MBA is good value based on its PB Ratio (1x) compared to the CA Consumer Services industry average (1.4x).
Next Steps
Future Growth
How is CIBT Education Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
59.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MBA's forecast earnings growth (59.8% per year) is above the savings rate (1.4%).
Earnings vs Market: MBA's earnings (59.8% per year) are forecast to grow faster than the Canadian market (10.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MBA's revenue (9.2% per year) is forecast to grow faster than the Canadian market (4.9% per year).
High Growth Revenue: MBA's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MBA's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has CIBT Education Group performed over the past 5 years?
38.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBA has a large one-off gain of CA$14.8M impacting its November 30 2019 financial results.
Growing Profit Margin: MBA's current net profit margins (2%) are lower than last year (26.2%).
Past Earnings Growth Analysis
Earnings Trend: MBA has become profitable over the past 5 years, growing earnings by 38.1% per year.
Accelerating Growth: MBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MBA had negative earnings growth (-93.1%) over the past year, making it difficult to compare to the Consumer Services industry average (14.8%).
Return on Equity
High ROE: MBA's Return on Equity (6.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CIBT Education Group's financial position?
Financial Position Analysis
Short Term Liabilities: MBA's short term assets (CA$54.4M) do not cover its short term liabilities (CA$117.2M).
Long Term Liabilities: MBA's short term assets (CA$54.4M) do not cover its long term liabilities (CA$100.9M).
Debt to Equity History and Analysis
Debt Level: MBA's debt to equity ratio (77.3%) is considered high.
Reducing Debt: MBA's debt to equity ratio has increased from 4.2% to 77.3% over the past 5 years.
Debt Coverage: MBA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MBA's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Inventory Level: MBA has a low level of unsold assets or inventory.
Debt Coverage by Assets: MBA's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is CIBT Education Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MBA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MBA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MBA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MBA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MBA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average management tenure
CEO
Toby Chu (58yo)
25.8yrs
Tenure
CA$812,722
Compensation
Mr. Yam-Chung Chu, also known as Toby, has been the Chief Executive Officer and President of CIBT Education Group Inc. since May 11, 1994. Mr. Chu Founded CIBT School of Business & Technology Corp., a subs ...
CEO Compensation Analysis
Compensation vs Market: Toby's total compensation ($USD613.28K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Toby's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.8yrs | CA$812.72k | 11.05% CA$5.5m | |
| CFO, Executive VP & Corporate Secretary | 9.7yrs | CA$239.65k | no data | |
| President of Sprott Shaw College | 3.1yrs | CA$491.57k | no data | |
| Vice President of Finance & Accounting | 9.7yrs | CA$96.00k | no data | |
| Executive Vice President of Sprott Shaw College | 0yrs | no data | no data | |
| CEO & President of IRIX | 0yrs | CA$120.58k | no data | |
| President of Sprott Shaw Language College | 3.1yrs | CA$102.00k | no data | |
| President of Sprott Shaw College International | 3.1yrs | CA$150.74k | no data |
6.4yrs
Average Tenure
58yo
Average Age
Experienced Management: MBA's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.8yrs | CA$812.72k | 11.05% CA$5.5m | |
| Member of Advisory Board | 11.1yrs | no data | no data | |
| Independent Director | 11.2yrs | CA$41.51k | 3.6% CA$1.8m | |
| Independent Director | 21.6yrs | CA$38.86k | 0.96% CA$481.3k | |
| Independent Director | 14.3yrs | CA$44.16k | 0.59% CA$294.9k | |
| Member of Advisory Board | 4.5yrs | no data | no data | |
| Independent Director & Member of Advisory Board | 2.1yrs | CA$38.86k | 2.27% CA$1.1m | |
| Independent Director | 8.6yrs | CA$38.86k | 0.13% CA$67.0k | |
| Independent Director | 1.8yrs | CA$13.26k | 0.73% CA$364.1k |
8.6yrs
Average Tenure
59yo
Average Age
Experienced Board: MBA's board of directors are considered experienced (8.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MBA insiders have bought more shares than they have sold 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
CIBT Education Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CIBT Education Group Inc.
- Ticker: MBA
- Exchange: TSX
- Founded: 1986
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: CA$49.942m
- Shares outstanding: 74.54m
- Website: https://www.cibt.net
Number of Employees
Location
- CIBT Education Group Inc.
- 777 West Broadway
- Suite 1200
- Vancouver
- British Columbia
- V5Z 4J7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MBAI.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 1988 |
| MBA | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Oct 1988 |
Biography
CIBT Education Group Inc., through its subsidiaries, operates as an education and student housing investment company. The company engages in education, media communications, and real estate development businesses. It offers accredited programs, which include general English, college pathway, business English, medical English, English teacher training, summer camp, automotive technical training, English teacher preparation, accounting, and IELTS test preparation programs, as well as junior and high school preparation programs for overseas study, and other career/vocational training. The company also provides private career and technical training diplomas and certificates in health care, tourism, hospitality, business, administrative, technical trades, and international studies. In addition, it recruits international students and on-ground concierge services for various kindergarten, primary and secondary schools, universities, and colleges in North America; and offers Web design and advertising services to the real estate industry. Further, it invests in and manages education related real estate projects, such as student hotels, serviced apartments, and education super centers in Canada. The company was formerly known as Capital Alliance Group Inc. and changed its name to CIBT Education Group Inc. in November 2007. CIBT Education Group Inc. was founded in 1986 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:08 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/08/31 |
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.