DB:0BD

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Executive Summary

Zovio Inc operates as an education technology services company in the United States.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Zovio's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0BD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.2%

0BD

-0.7%

DE Consumer Services

0.7%

DE Market


1 Year Return

-13.9%

0BD

8.9%

DE Consumer Services

3.9%

DE Market

Return vs Industry: 0BD underperformed the German Consumer Services industry which returned 8.9% over the past year.

Return vs Market: 0BD underperformed the German Market which returned 3% over the past year.


Shareholder returns

0BDIndustryMarket
7 Day-3.2%-0.7%0.7%
30 Day9.8%0.7%1.4%
90 Day105.3%10.0%17.3%
1 Year-13.9%-13.9%10.7%8.9%6.2%3.9%
3 Year-76.8%-76.8%-5.4%-10.1%1.8%-6.2%
5 Year-67.5%-67.5%-44.8%-59.1%9.3%-5.4%

Price Volatility Vs. Market

How volatile is Zovio's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

0.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 0BD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 0BD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 0BD is unprofitable, so we can't compare its PE Ratio to the XE Consumer Services industry average.

PE vs Market: 0BD is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0BD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0BD is good value based on its PB Ratio (1x) compared to the XE Consumer Services industry average (2.7x).


Next Steps

Future Growth

How is Zovio forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-17.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 0BD's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if 0BD's earnings are forecast to grow faster than the German market

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

Revenue vs Market: 0BD's revenue is expected to decline over the next 3 years (-17% per year).

High Growth Revenue: 0BD's revenue is forecast to decline over the next 3 years (-17% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 0BD's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Consumer Services industry.

Past Performance

How has Zovio performed over the past 5 years?

9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0BD is currently unprofitable.

Growing Profit Margin: 0BD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 0BD is unprofitable, but has reduced losses over the past 5 years at a rate of 9.3% per year.

Accelerating Growth: Unable to compare 0BD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0BD is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (57.7%).


Return on Equity

High ROE: 0BD has a negative Return on Equity (-43.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is Zovio's financial position?


Financial Position Analysis

Short Term Liabilities: 0BD's short term assets ($163.3M) exceed its short term liabilities ($125.4M).

Long Term Liabilities: 0BD's short term assets ($163.3M) exceed its long term liabilities ($31.5M).


Debt to Equity History and Analysis

Debt Level: 0BD is debt free.

Reducing Debt: 0BD has not had any debt for past 5 years.


Balance Sheet


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.

Stable Cash Runway: 0BD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 0BD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61.6% each year


Next Steps

Dividend

What is Zovio current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 0BD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 0BD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0BD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0BD'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 0BD's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Andrew Clark (54yo)

16.67yrs

Tenure

US$4,328,449

Compensation

Mr. Andrew S. Clark Co-founded Zovio Inc (formerly known as Bridgepoint Education, Inc.) in November 2003 and has been Chief Executive Officer since November 2003 and President since February 2009. Mr. Cla ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD4.33M) is above average for companies of similar size in the German market ($USD468.78K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Clark
Co-Founder16.67yrsUS$4.33m3.21% $2.9m
Kevin Royal
CFO & Executive VP2.25yrsUS$1.25m0.22% $200.7k
Christopher Spohn
Executive Vice President of Operations0.25yrUS$910.14k0.049% $44.0k
Steven Burkholder
VP, Chief Accounting Officer & Corporate Controller3.08yrsno data0.040% $36.6k
Umang Jain
Executive VP & Chief Technology Officer1.33yrsno data0.012% $10.6k
Diane Thompson
Executive VP11.58yrsUS$1.34m0.32% $290.9k
Alanna Vitucci
Vice President of Corporate Communicationsno datano datano data
Thomas McCarty
Chief Marketing Officer & Senior VP3.5yrsUS$1.17m0.11% $96.9k
Marcus Brown
Executive VP & Chief People Officer6yrsno data0.12% $112.2k
Vickie Schray
Executive VP & Chief External Affairs Officer7.58yrsno data0.16% $145.9k

3.5yrs

Average Tenure

55yo

Average Age

Experienced Management: 0BD's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Clark
Co-Founder16.67yrsUS$4.33m3.21% $2.9m
L. Crandall
Independent Director11.58yrsUS$192.50k0.18% $160.6k
Victor Nichols
Independent Director5.83yrsUS$187.50k0.11% $103.0k
Ryan Craig
Independent Director16.67yrsUS$180.00k0.13% $120.3k
Teresa Carroll
Independent Director2.33yrsUS$145.00k0.062% $56.0k
George Pernsteiner
Independent Chairman2.33yrsUS$217.50k0.096% $86.6k
Michael Horn
Independent Director2.92yrsUS$140.00k0.096% $86.6k
Gregory Geoffroy
Chairman of Ashford University Board7.33yrsno datano data
Kirsten Marriner
Independent Director2.33yrsUS$142.50k0.062% $56.0k
John Kiely
Independent Director1yrUS$117.50kno data

4.4yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 0BD's board of directors are considered experienced (4.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.


Top Shareholders

Company Information

Zovio Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zovio Inc
  • Ticker: 0BD
  • Exchange: DB
  • Founded: 1999
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: US$102.273m
  • Listing Market Cap: US$90.511m
  • Shares outstanding: 32.06m
  • Website: https://www.zovio.com

Number of Employees


Location

  • Zovio Inc
  • 1811 East Northrop Boulevard
  • Chandler
  • Arizona
  • 85286
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZVONasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDApr 2009
0BDDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2009

Biography

Zovio Inc operates as an education technology services company in the United States. The company’s academic institutions, Ashford University offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences. It also operates a Web development school; and offers an online education platform that provides tutoring and online courses. The company offers its programs primarily through online; and at its campuses. As of December 31, 2019, its institutions offered approximately 1,210 courses and 90 degree programs; and had 34,722 students enrolled. The company was formerly known as Bridgepoint Education, Inc. and changed its name to Zovio Inc in April 2019. Zovio Inc was founded in 1999 and is headquartered in Chandler, Arizona. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 21:32
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.