Announcement • Jun 30
New Oriental Education & Technology Group Inc. to Report Q4, 2026 Results on Jul 29, 2026 New Oriental Education & Technology Group Inc. announced that they will report Q4, 2026 results Pre-Market on Jul 29, 2026 Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. independent director Yue Zhuge was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 31
New Oriental Education & Technology Group Inc. to Report Q3, 2026 Results on Apr 22, 2026 New Oriental Education & Technology Group Inc. announced that they will report Q3, 2026 results Pre-Market on Apr 22, 2026 Announcement • Jan 28
New Oriental Education & Technology Group Inc. Provides Earnings Guidance for the Third Quarter and Full Year of the Fiscal Year 2026 New Oriental Education & Technology Group Inc. provided earnings guidance for the Third Quarter and Full Year of the Fiscal Year 2026, For the quarter, the company expects total net revenues to be in the range of USD 1,313.2 million to USD 1,348.7 million, representing year over year increase in the range of 11% to 14%.
For the year, the company expects total net revenues to be in the range of USD 5,292.3 million to USD 5,488.3 million, representing a year over year increase in the range of 8% to 12%. Announcement • Dec 30
New Oriental Education & Technology Group Inc. to Report Q2, 2026 Results on Jan 28, 2026 New Oriental Education & Technology Group Inc. announced that they will report Q2, 2026 results Pre-Market on Jan 28, 2026 Announcement • Oct 29
New Oriental Education & Technology Group Inc. (NYSE:EDU) announces an Equity Buyback for $300 million worth of its shares. New Oriental Education & Technology Group Inc. (NYSE:EDU) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares. The plan will be funded from company's existing cash balance. The plan will be valid for 12 months. Announcement • Oct 18
New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 21, 2025 New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 21, 2025, at 17:00 China Standard Time. Location: no. 6, hai dian zhong street, haidian district, beijing China Announcement • Sep 30
New Oriental Education & Technology Group Inc. to Report Q1, 2026 Results on Oct 28, 2025 New Oriental Education & Technology Group Inc. announced that they will report Q1, 2026 results Pre-Market on Oct 28, 2025 Announcement • Jul 02
New Oriental Education & Technology Group Inc. to Report Q4, 2025 Results on Jul 30, 2025 New Oriental Education & Technology Group Inc. announced that they will report Q4, 2025 results Pre-Market on Jul 30, 2025 Announcement • Mar 31
New Oriental Education & Technology Group Inc. to Report Q3, 2025 Results on Apr 23, 2025 New Oriental Education & Technology Group Inc. announced that they will report Q3, 2025 results Pre-Market on Apr 23, 2025 Announcement • Jan 21
New Oriental Education & Technology Group Inc. Provides Earning Guidance for the Third Quarter of the Fiscal Year 2025 New Oriental Education & Technology Group Inc. provided earning guidance for the third quarter of the fiscal year 2025. For the quarter, the company expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business to be in the range of USD 1,007.3 million to USD 1,032.5 million, representing year over year increase in the range of 18% to 21%. The projected increase of revenue in functional currency Renminbi is expected to be in the range of 20% to 23%. Announcement • Dec 31
New Oriental Education & Technology Group Inc. to Report Q2, 2025 Results on Jan 21, 2025 New Oriental Education & Technology Group Inc. announced that they will report Q2, 2025 results Pre-Market on Jan 21, 2025 Announcement • Dec 11
New Oriental Education & Technology Group Inc. Announces Changes in Board and Committee Composition New Oriental Education & Technology Group Inc. announced that Dr. John Zhuang Yang has tendered his resignation as an independent director of the Company, effective on December 16, 2024. Dr. Yang also stepped down as a member of the audit committee, a member of the compensation committee, and the chairperson of the nominating and corporate governance committee on the same date. The Company further announced the appointment of Dr. Yue Zhuge as an independent director of the Company, effective on December 16, 2024. Dr. Zhuge has also been appointed as a member of the audit committee, a member of the compensation committee, and the chairperson of the nominating and corporate governance committee. Dr. Yue Zhuge has served as a partner at NGP Capital since June 2023 and as a founding partner of QuarkStar since January 2022. Prior to that, Dr. Zhuge was the General Manager and VP of R&D at Hulu Beijing from May 2015 to May 2021, where her team developed key technologies in machine learning, AI, video, advertising, search, and data science. Dr. Zhuge also served as the chief executive officer and co-founder of Landscape Mobile from May 2013 to May 2015. As a seasoned executive and technologist, Dr. Zhuge has worked at Yahoo! and Microsoft during the early years of her career. She served as a Board Member of Trustees at Dulwich College Beijing and as a mentor for Schwarzman Scholars at Tsinghua University. She studied in the computer science department at Tsinghua University, and she received her first master's degree in applied mathematics from Stony Brook University, her second master's degree in computer science from Stanford University, and her Ph.D. in computer science from Stanford University. Dr. Zhuge is the chief editor of the books The Quest for Machine Learning and The Quest for Deep Learning. She is also the author of the popular science book Computational Thinking and two parenting books My Two Boys: A Devil and an Angel and Growing Tree: A Guide for the Future of Parenting. According to the Company's current articles of association, Dr. Zhuge will hold office as a director of the Company until the first annual general meeting following her appointment, at which point she will be eligible for re-election. Announcement • Oct 23
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Second Quarter Ending November 30, 2024 New Oriental Education & Technology Group Inc. provided revenue guidance for the second quarter ending November 30, 2024. For the quarter, the company expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, in the second quarter of the fiscal year 2025 (September 1, 2024 to November 30, 2024) to be in the range of USD 851.4 million to USD 871.8 million, representing year over year increase in the range of 25% to 28%. Announcement • Oct 18
New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 25, 2024 New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 25, 2024, at 17:00 China Standard Time. Location: no. 6, hai dian zhong street, haidian district, beijing China Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €69.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 11x in the Consumer Services industry in Europe. Total returns to shareholders of 308% over the past three years. Announcement • Oct 01
New Oriental Education & Technology Group Inc. to Report Q1, 2025 Results on Oct 23, 2024 New Oriental Education & Technology Group Inc. announced that they will report Q1, 2025 results Pre-Market on Oct 23, 2024 Reported Earnings • Sep 26
Full year 2024 earnings released: EPS: US$1.87 (vs US$1.06 in FY 2023) Full year 2024 results: EPS: US$1.87 (up from US$1.06 in FY 2023). Revenue: US$4.31b (up 44% from FY 2023). Net income: US$309.6m (up 75% from FY 2023). Profit margin: 7.2% (up from 5.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 54% per year. Upcoming Dividend • Sep 02
Inaugural dividend of US$0.58 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 23 September 2024. This is the first dividend for New Oriental Education & Technology Group since going public. The average dividend yield among industry peers is 2.5%. Announcement • Aug 20
New Oriental Education & Technology Group Inc. Announces Special Cash Dividend, Payable on or Around September 23, 2024 New Oriental Education & Technology Group Inc. announced that its board of directors has approved a special cash dividend of USD 0.06 per common share, or USD 0.6 per ADS, to holders of common shares and ADSs of record as of the close of business on September 9, 2024, The payment date is expected to be on or around September 23, 2024 and September 26, 2024 for holders of common shares and holders of ADSs, respectively. Ex-dividend date is September 6, 2024. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €67.50, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 286% over the past three years. Reported Earnings • Aug 01
Full year 2024 earnings released: EPS: US$1.87 (vs US$1.06 in FY 2023) Full year 2024 results: EPS: US$1.87 (up from US$1.06 in FY 2023). Revenue: US$4.31b (up 44% from FY 2023). Net income: US$309.6m (up 75% from FY 2023). Profit margin: 7.2% (up from 5.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
New Oriental Education & Technology Group Inc. Provides Earnings Guidance for the First Quarter Ending August 31, 2024 New Oriental Education & Technology Group Inc. provided earnings guidance for the First Quarter ending August 31, 2024. For the quarter, the company expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business to be in the range of USD 1,254.7 million to USD 1,283.5 million, representing year over year increase in the range of 31% to 34%. Announcement • Jul 04
New Oriental Education & Technology Group Inc. to Report Q4, 2024 Results on Jul 31, 2024 New Oriental Education & Technology Group Inc. announced that they will report Q4, 2024 results Pre-Market on Jul 31, 2024 New Risk • Jun 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 24
Third quarter 2024 earnings released: EPS: US$0.53 (vs US$0.49 in 3Q 2023) Third quarter 2024 results: EPS: US$0.53 (up from US$0.49 in 3Q 2023). Revenue: US$1.21b (up 60% from 3Q 2023). Net income: US$87.2m (up 6.8% from 3Q 2023). Profit margin: 7.2% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Apr 24
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Fourth Quarter Ending May 31, 2024 New Oriental Education & Technology Group Inc. provided revenue guidance for the fourth quarter ending May 31, 2024. For the quarter, the company expects total net revenues to be in the range of $1,101.5 million to $1,127.3 million, representing year over year increase in the range of 28% to 31%. Announcement • Mar 29
New Oriental Education & Technology Group Inc. to Report Q3, 2024 Results on Apr 24, 2024 New Oriental Education & Technology Group Inc. announced that they will report Q3, 2024 results Pre-Market on Apr 24, 2024 New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 24
Second quarter 2024 earnings released: EPS: US$0.20 (vs US$0.004 in 2Q 2023) Second quarter 2024 results: EPS: US$0.20 (up from US$0.004 in 2Q 2023). Revenue: US$869.6m (up 36% from 2Q 2023). Net income: US$30.1m (up US$29.3m from 2Q 2023). Profit margin: 3.5% (up from 0.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Announcement • Dec 28
New Oriental Education & Technology Group Inc. to Report Q2, 2024 Results on Jan 24, 2024 New Oriental Education & Technology Group Inc. announced that they will report Q2, 2024 results Pre-Market on Jan 24, 2024 Announcement • Oct 28
New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 28, 2023 New Oriental Education & Technology Group Inc., Annual General Meeting, Nov 28, 2023, at 17:00 China Standard Time. Location: at No. 6 Hai Dian Zhong Street Haidian District Beijing China Agenda: To consider the Company’s Second Amended and Restated Memorandum of Association and Articles of Association; and to consider other business matters. Announcement • Oct 26
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Second Quarter Ending November 30, 2023 New Oriental Education & Technology Group Inc. provided revenue guidance for the second quarter ending November 30, 2023. For the quarter, the company expects total net revenues to be in the range of USD 785.0 million to USD 804.2 million, representing year-over-year increase in the range of 23% to 26%. Reported Earnings • Oct 26
First quarter 2024 earnings released: EPS: US$1.00 (vs US$0.39 in 1Q 2023) First quarter 2024 results: EPS: US$1.00 (up from US$0.39 in 1Q 2023). Revenue: US$1.10b (up 48% from 1Q 2023). Net income: US$165.4m (up 151% from 1Q 2023). Profit margin: 15% (up from 8.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Sep 29
New Oriental Education & Technology Group Inc. to Report Q1, 2024 Results on Oct 25, 2023 New Oriental Education & Technology Group Inc. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2023 Reported Earnings • Sep 26
Full year 2023 earnings released: EPS: US$1.06 (vs US$7.00 loss in FY 2022) Full year 2023 results: EPS: US$1.06 (up from US$7.00 loss in FY 2022). Revenue: US$3.00b (down 3.5% from FY 2022). Net income: US$177.3m (up US$1.37b from FY 2022). Profit margin: 5.9% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Buying Opportunity • Aug 18
Now 20% undervalued Over the last 90 days, the stock is up 34%. The fair value is estimated to be €57.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 25% per annum over the same time period. Announcement • Jul 27
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the First Quarter Ending August 31, 2023 New Oriental Education & Technology Group Inc. Provided Revenue Guidance for the First Quarter Ending August 31, 2023. The company expects total net revenues in the first quarter of the fiscal year 2024 (June 1, 2023 to August 31, 2023) to be in the range of USD 983.2 million to USD 1,005.5 million, representing year over year increase in the range of 32% to 35%. Reported Earnings • Jul 27
Full year 2023 earnings released: EPS: US$1.06 (vs US$7.00 loss in FY 2022) Full year 2023 results: EPS: US$1.06 (up from US$7.00 loss in FY 2022). Revenue: US$3.00b (down 3.5% from FY 2022). Net income: US$177.3m (up US$1.37b from FY 2022). Profit margin: 5.9% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Announcement • Jul 01
New Oriental Education & Technology Group Inc. to Report Q4, 2023 Results on Jul 26, 2023 New Oriental Education & Technology Group Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 26, 2023 Reported Earnings • Apr 20
Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.72 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.50 (up from US$0.72 loss in 3Q 2022). Revenue: US$754.2m (up 23% from 3Q 2022). Net income: US$81.6m (up US$204.1m from 3Q 2022). Profit margin: 11% (up from net loss in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Buying Opportunity • Apr 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be €42.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Mar 18
Now 22% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be €42.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jan 18
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Third Quarter Ending February 28, 2023 New Oriental Education & Technology Group Inc. provided revenue guidance for the third quarter ending February 28, 2023. For the quarter, the company expects total net revenues to be in the range of $702.8 million to $719.8 million, representing year-over-year increase in the range of 14% to 17%. Reported Earnings • Jan 18
Second quarter 2023 earnings released Second quarter 2023 results: EPS: US$0.004. Net income: US$732.0k (up US$732.0k from 2Q 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • Dec 30
New Oriental Education & Technology Group Inc. to Report Q2, 2023 Results on Jan 17, 2023 New Oriental Education & Technology Group Inc. announced that they will report Q2, 2023 results Pre-Market on Jan 17, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. CEO & Director Chenggang Zhou was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 02
Full year 2022 earnings released: US$7.00 loss per share (vs US$2.03 profit in FY 2021) Full year 2022 results: US$7.00 loss per share (down from US$2.03 profit in FY 2021). Revenue: US$3.11b (down 27% from FY 2021). Net loss: US$1.19b (down 455% from profit in FY 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 28
Full year 2022 earnings released: US$7.00 loss per share (vs US$2.03 profit in FY 2021) Full year 2022 results: US$7.00 loss per share (down from US$2.03 profit in FY 2021). Revenue: US$3.11b (down 27% from FY 2021). Net loss: US$1.19b (down 455% from profit in FY 2021). Over the next year, revenue is expected to shrink by 27% compared to a 46% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. CEO & Director Chenggang Zhou was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: US$0.52 loss per share (down from US$0.14 profit in 1H 2021). Revenue: US$1.97b (up 5.0% from 1H 2021). Net loss: US$876.0m (down 483% from profit in 1H 2021). Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is expected to shrink by 48% compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year whereas the company’s share price has fallen by 44% per year. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 16% share price gain to €1.38, the stock trades at a trailing P/E ratio of 8.3x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total loss to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.25, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total loss to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 21% share price gain to €1.98, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total loss to shareholders of 61% over the past three years. Reported Earnings • Sep 26
Full year 2021 earnings released: EPS US$0.20 (vs US$0.26 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$4.28b (up 20% from FY 2020). Net income: US$334.4m (down 19% from FY 2020). Profit margin: 7.8% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 17% share price gain to €1.64, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 17x in the Consumer Services industry in Europe. Total loss to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorated over the past week After last week's 59% share price decline to US$2.16, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Consumer Services industry in Europe. Total loss to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$5.15, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Consumer Services industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.23 per share. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$6.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.34 per share. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$7.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Consumer Services industry in Europe. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.76 per share. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$9.55, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total returns to shareholders of 20% over the past three years. Reported Earnings • Apr 24
Third quarter 2021 earnings released: EPS US$0.09 (vs US$0.087 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$1.19b (up 29% from 3Q 2020). Net income: US$151.3m (up 9.9% from 3Q 2020). Profit margin: 13% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$10.80, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 16x in the Consumer Services industry in Europe. Total returns to shareholders of 51% over the past three years. Is New 90 Day High Low • Feb 04
New 90-day high: €152 The company is up 1.0% from its price of €151 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €306 per share. Reported Earnings • Jan 23
Second quarter 2021 earnings released: EPS US$0.33 The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues were improved. Second quarter 2021 results: Revenue: US$887.7m (up 13% from 2Q 2020). Net income: US$53.9m (flat on 2Q 2020). Profit margin: 6.1% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Jan 23
Revenue beats expectations Revenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 37%, compared to a 9.4% growth forecast for the Consumer Services industry in Germany. Announcement • Jan 19
New Oriental Education & Technology Group Inc. Appoints Zhihui Yang as the Executive President New Oriental Education & Technology Group Inc. announced that the board of directors has appointed Mr. Zhihui Yang as the Executive President of the Company, effective on January 15, 2021. Mr. Yang will continue to serve as the Chief Financial Officer of the Company. Mr. Zhihui Yang has served as the Company's Chief Financial Officer since April 2015. Prior to this, Mr. Yang held multiple positions after he joined company in April 2006, including vice president of finance, deputy director of president office and senior financial manager. Prior to joining New Oriental, Mr. Yang served as the financial director of Beijing Hua De Xin Investment Co. Ltd. from July 2002 to March 2006. From August 1997 and May 2002, Mr. Yang worked for PricewaterhouseCoopers as a senior auditor. Announcement • Dec 30
New Oriental Education & Technology Group Inc. to Report Q2, 2021 Results on Feb 22, 2021 New Oriental Education & Technology Group Inc. announced that they will report Q2, 2021 results Pre-Market on Feb 22, 2021 Announcement • Nov 07
New Oriental Education & Technology Group Inc. has completed a Follow-on Equity Offering in the amount of HKD 10.1269 billion. New Oriental Education & Technology Group Inc. has completed a Follow-on Equity Offering in the amount of HKD 10.1269 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 8,510,000
Price\Range: HKD 1190
Discount Per Security: HKD 10.71
Transaction Features: New Market Listing Is New 90 Day High Low • Nov 05
New 90-day high: €151 The company is up 26% from its price of €120 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €180 per share. Analyst Estimate Surprise Post Earnings • Oct 24
First-quarter earnings released: Revenue beats expectations First-quarter revenue exceeded analyst estimates by 3.3% at US$986.4m. Revenue is forecast to grow 30% over the next year, compared to a 7.2% growth forecast for the Consumer Services industry in Germany. Reported Earnings • Oct 24
First quarter earnings released Over the last 12 months the company has reported total profits of US$379.0m, up 17% from the prior year. Total revenue was US$3.49b over the last 12 months, up 5.5% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day high: €148 The company is up 19% from its price of €124 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €182 per share. Analyst Estimate Surprise Post Earnings • Oct 14
First-quarter earnings released: Revenue beats expectations First-quarter revenue exceeded analyst estimates by 3.3% at US$986.4m. Revenue is forecast to grow 29% over the next year, compared to a 6.7% growth forecast for the Consumer Services industry in Germany. Reported Earnings • Oct 14
First quarter earnings released Over the last 12 months the company has reported total profits of US$379.0m, up 17% from the prior year. Total revenue was US$3.49b over the last 12 months, up 5.5% from the prior year. Announcement • Oct 04
New Oriental Education & Technology Group Inc. to Report Q4, 2019 Results on Jul 23, 2019 New Oriental Education & Technology Group Inc. announced that they will report Q4, 2019 results at 9:00 AM, China Standard Time on Jul 23, 2019 Is New 90 Day High Low • Oct 02
New 90-day high: €132 The company is up 8.0% from its price of €122 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Services industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €197 per share. Reported Earnings • Sep 18
Full year earnings released - EPS €2.61 Over the last 12 months the company has reported total profits of US$413.3m, up 73% from the prior year. Total revenue was US$3.58b over the last 12 months, up 16% from the prior year. Profit margins were 12%, which is higher than the 7.7% margin from last year. The increase in margin was driven by higher revenue. 
