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Strategic Education

DB:SQE
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SQE
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and non-degree programs in the United States. The last earnings update was 47 days ago. More info.


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  • Strategic Education has significant price volatility in the past 3 months.
SQE Share Price and Events
7 Day Returns
1.7%
DB:SQE
1%
Europe Consumer Services
0.2%
DE Market
1 Year Returns
69.2%
DB:SQE
-20.1%
Europe Consumer Services
-10.9%
DE Market
SQE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strategic Education (SQE) 1.7% 0.8% 38% 69.2% 278% 313.5%
Europe Consumer Services 1% 1.3% 1.4% -20.1% -46.6% -50.4%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • SQE outperformed the Consumer Services industry which returned -20.1% over the past year.
  • SQE outperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
SQE
Industry
5yr Volatility vs Market

SQE Value

 Is Strategic Education undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Strategic Education to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Strategic Education.

DB:SQE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:SQE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.757 (1 + (1- 21%) (3.02%))
0.849
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.849 * 5.96%)
5.29%

Discounted Cash Flow Calculation for DB:SQE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Strategic Education is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:SQE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.29%)
2019 117.20 Analyst x1 111.31
2020 157.30 Analyst x1 141.89
2021 189.51 Est @ 20.48% 162.36
2022 216.81 Est @ 14.4% 176.41
2023 238.81 Est @ 10.15% 184.55
2024 255.95 Est @ 7.17% 187.85
2025 268.97 Est @ 5.09% 187.50
2026 278.74 Est @ 3.63% 184.54
2027 286.02 Est @ 2.61% 179.85
2028 291.44 Est @ 1.9% 174.05
Present value of next 10 years cash flows $1,690.31
DB:SQE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $291.44 × (1 + 0.23%) ÷ (5.29% – 0.23%)
$5,770.39
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,770.39 ÷ (1 + 5.29%)10
$3,446.11
DB:SQE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,690.31 + $3,446.11
$5,136.43
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,136.43 / 21.44
$239.53
DB:SQE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SQE represents 0.88572x of NasdaqGS:STRA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88572x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 239.53 x 0.88572
€212.16
Value per share (EUR) From above. €212.16
Current discount Discount to share price of €159.74
= -1 x (€159.74 - €212.16) / €212.16
24.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Strategic Education is available for.
Intrinsic value
25%
Share price is €159.74 vs Future cash flow value of €212.16
Current Discount Checks
For Strategic Education to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Strategic Education's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Strategic Education's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Strategic Education's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strategic Education's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SQE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.76
NasdaqGS:STRA Share Price ** NasdaqGS (2019-06-18) in USD $180.35
Europe Consumer Services Industry PE Ratio Median Figure of 10 Publicly-Listed Consumer Services Companies 18.33x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Strategic Education.

DB:SQE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:STRA Share Price ÷ EPS (both in USD)

= 180.35 ÷ -0.76

-236.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strategic Education is loss making, we can't compare its value to the Europe Consumer Services industry average.
  • Strategic Education is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Strategic Education's expected growth come at a high price?
Raw Data
DB:SQE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -236.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
56.4%per year
Europe Consumer Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Services Companies 1.25x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Strategic Education, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Strategic Education's assets?
Raw Data
DB:SQE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $66.38
NasdaqGS:STRA Share Price * NasdaqGS (2019-06-18) in USD $180.35
Europe Consumer Services Industry PB Ratio Median Figure of 18 Publicly-Listed Consumer Services Companies 1.96x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:SQE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:STRA Share Price ÷ Book Value per Share (both in USD)

= 180.35 ÷ 66.38

2.72x

* Primary Listing of Strategic Education.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strategic Education is overvalued based on assets compared to the Europe Consumer Services industry average.
X
Value checks
We assess Strategic Education's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. Strategic Education has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SQE Future Performance

 How is Strategic Education expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strategic Education expected to grow at an attractive rate?
  • Strategic Education's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Strategic Education's earnings growth is expected to exceed the Germany market average.
  • Strategic Education's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SQE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SQE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 56.4%
DB:SQE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 11.1%
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SQE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SQE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,144 199 1
2020-12-31 1,047 199 151 4
2019-12-31 985 158 107 4
DB:SQE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 764 88 -14
2018-12-31 634 47 -16
2018-09-30 511 -3 -45
2018-06-30 458 53 14
2018-03-31 456 49 20
2017-12-31 455 56 21
2017-09-30 455 59 39
2017-06-30 449 55 35
2017-03-31 445 54 33
2016-12-31 441 45 35
2016-09-30 435 53 36
2016-06-30 432 56 37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Strategic Education's earnings are expected to grow significantly at over 20% yearly.
  • Strategic Education's revenue is expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SQE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Strategic Education Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 8.97 8.97 8.97 1.00
2020-12-31 7.49 7.84 7.14 2.00
2019-12-31 5.41 5.44 5.38 2.00
DB:SQE Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.76
2018-12-31 -1.03
2018-09-30 -3.56
2018-06-30 1.34
2018-03-31 1.82
2017-12-31 1.93
2017-09-30 3.64
2017-06-30 3.34
2017-03-31 3.10
2016-12-31 3.28
2016-09-30 3.41
2016-06-30 3.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Strategic Education will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Strategic Education's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Strategic Education has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SQE Past Performance

  How has Strategic Education performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Strategic Education's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Strategic Education does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Strategic Education's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Strategic Education's 1-year growth to the Europe Consumer Services industry average as it is not currently profitable.
Earnings and Revenue History
Strategic Education's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Strategic Education Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 764.22 -13.64 258.30
2018-12-31 634.19 -15.67 225.50
2018-09-30 510.79 -44.62 173.33
2018-06-30 458.36 14.39 144.20
2018-03-31 456.41 19.50 144.63
2017-12-31 454.85 20.61 148.34
2017-09-30 455.42 38.83 149.67
2017-06-30 449.07 35.48 148.07
2017-03-31 444.83 32.96 144.67
2016-12-31 441.09 34.80 144.53
2016-09-30 435.47 36.13 139.75
2016-06-30 432.46 36.97 135.32
2016-03-31 433.72 41.06 131.09
2015-12-31 434.44 40.02 130.64
2015-09-30 436.85 39.93 130.49
2015-06-30 438.46 41.16 129.50
2015-03-31 441.46 42.96 128.87
2014-12-31 446.04 46.36 127.99
2014-09-30 454.05 14.46 129.95
2014-06-30 463.33 12.65 134.07
2014-03-31 482.56 13.98 139.54
2013-12-31 503.60 16.43 142.25
2013-09-30 521.45 52.01 143.84
2013-06-30 535.68 52.96 147.53
2013-03-31 549.95 59.17 147.54
2012-12-31 561.98 65.93 148.29
2012-09-30 575.87 75.97 150.74
2012-06-30 587.48 85.81 150.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Strategic Education has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Strategic Education has efficiently used its assets last year compared to the Europe Consumer Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Strategic Education improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Strategic Education's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Strategic Education has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SQE Health

 How is Strategic Education's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Strategic Education's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strategic Education is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strategic Education's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Strategic Education's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are -3.2129594535335E+16x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Strategic Education Company Filings, last reported 2 months ago.

DB:SQE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,423.44 116.96 388.87
2018-12-31 1,425.22 0.00 348.85
2018-09-30 1,408.33 0.00 314.52
2018-06-30 223.84 0.00 171.60
2018-03-31 218.29 0.00 165.87
2017-12-31 209.20 0.00 155.93
2017-09-30 215.49 0.00 150.48
2017-06-30 209.20 0.00 147.87
2017-03-31 198.53 0.00 147.10
2016-12-31 188.37 0.00 129.25
2016-09-30 173.22 0.00 120.50
2016-06-30 167.94 0.00 117.42
2016-03-31 158.12 0.00 117.50
2015-12-31 142.86 0.00 106.89
2015-09-30 127.18 0.00 86.92
2015-06-30 120.66 115.86 195.56
2015-03-31 106.36 117.38 188.28
2014-12-31 92.73 118.75 162.28
2014-09-30 77.72 119.53 150.47
2014-06-30 69.96 120.42 136.08
2014-03-31 54.17 121.09 126.20
2013-12-31 38.90 121.88 94.76
2013-09-30 56.97 122.69 85.22
2013-06-30 50.96 123.44 67.54
2013-03-31 32.32 125.20 50.76
2012-12-31 40.99 126.21 47.52
2012-09-30 64.99 103.40 45.61
2012-06-30 69.25 100.92 48.69
  • Strategic Education's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (222.8% vs 0% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Strategic Education has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Strategic Education's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Strategic Education has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SQE Dividends

 What is Strategic Education's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.11%
Current annual income from Strategic Education dividends. Estimated to be 1.14% next year.
If you bought €2,000 of Strategic Education shares you are expected to receive €22 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Strategic Education's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Strategic Education's dividend is below the markets top 25% of dividend payers in Germany (3.94%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SQE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SQE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 2.10 1.00
2019-12-31 2.00 1.00
DB:SQE Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-01 2.000 1.143
2018-11-08 2.000 1.594
2018-08-01 2.000 1.524
2018-03-01 1.000 0.930
2017-10-30 1.000 1.076
2017-07-27 1.000 1.201
2017-07-26 1.000 1.251
2017-05-04 1.000 1.099
2017-05-03 1.000 1.080
2017-02-17 1.000 1.252
2017-02-16 1.000 1.286
2015-02-06 0.000 0.000
2014-11-03 0.000 0.000
2014-10-30 0.000 0.000
2014-08-01 0.000 0.000
2014-07-31 0.000 0.000
2014-05-09 0.000 0.000
2014-05-07 0.000 0.000
2014-02-26 0.000 0.000
2014-02-21 0.000 0.000
2013-11-01 0.000 0.000
2013-10-31 0.000 0.000
2013-07-26 0.000 0.000
2013-07-25 0.000 0.000
2013-05-03 0.000 0.000
2013-05-02 0.000 0.000
2012-11-09 4.000 7.690
2012-07-26 4.000 6.105
2012-04-26 4.000 4.221
2012-02-16 4.000 4.169
2011-11-03 4.000 3.971
2011-07-28 4.000 4.448
2011-04-28 4.000 3.139
2011-02-17 4.000 3.022
2010-10-28 4.000 2.923
2010-07-29 3.000 1.853
2010-04-29 3.000 1.288
2010-02-11 3.000 1.259
2009-10-29 3.000 1.452
2009-07-30 2.000 0.934

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Strategic Education's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Strategic Education's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Strategic Education afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strategic Education has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SQE Management

 What is the CEO of Strategic Education's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Karl McDonnell
COMPENSATION $4,600,125
AGE 52
TENURE AS CEO 6.1 years
CEO Bio

Mr. Karl McDonnell serves as the President and Chief Executive Officer at Strayer Education Inc. since June 2018. Mr. McDonnell was Chief Executive Officer of Strayer Education Inc. from May 2, 2013 to June 2018. Mr. McDonnell served as the President and Chief Operating Officer of Strayer Education Inc. from July 27, 2006 to May 2, 2013. He joined Strayer Education in July 2006. He served as the Chief Operating Officer of InteliStaf Healthcare. He served as Vice President of the Investment Banking Division at Goldman, Sachs & Co. He held senior management positions with several Fortune 100 companies, including The Walt Disney Company. He has been a Director of Strayer Education Inc. since November 1, 2011. Mr. McDonnell holds a bachelor's degree in political science and American history from Virginia Wesleyan College and an MBA from Duke University.

CEO Compensation
  • Karl's compensation has increased whilst company is loss making.
  • Karl's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Strategic Education management team in years:

4.3
Average Tenure
49
Average Age
  • The tenure for the Strategic Education management team is about average.
Management Team

Rob Silberman

TITLE
Executive Chairman of the Board
COMPENSATION
$5M
AGE
60

Karl McDonnell

TITLE
President
COMPENSATION
$5M
AGE
52
TENURE
6.1 yrs

J. Gilligan

TITLE
Executive Vice Chairman
COMPENSATION
$1M
AGE
63

Dan Jackson

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
43
TENURE
4.3 yrs

Lizette Herraiz

TITLE
Senior VP
COMPENSATION
$2M
AGE
43
TENURE
0.8 yrs

Andy Watt

TITLE
Senior VP & COO
AGE
40

Thomas Aprahamian

TITLE
Chief Accounting Officer
COMPENSATION
$514K
AGE
49
TENURE
4.3 yrs

Terese Wilke

TITLE
Manager of Investor Relations

Christa Hokenson

TITLE
Chief Human Resources
AGE
47

Sondra Stallard

TITLE
President Emerita and Director of Accreditation & Regulatory Affairs - Strayer University
COMPENSATION
$800K
AGE
68
TENURE
7.7 yrs
Board of Directors Tenure

Average tenure and age of the Strategic Education board of directors in years:

7.9
Average Tenure
61.5
Average Age
  • The tenure for the Strategic Education board of directors is about average.
Board of Directors

Rob Silberman

TITLE
Executive Chairman of the Board
COMPENSATION
$5M
AGE
60
TENURE
16.3 yrs

Karl McDonnell

TITLE
President
COMPENSATION
$5M
AGE
52
TENURE
7.6 yrs

J. Gilligan

TITLE
Executive Vice Chairman
COMPENSATION
$1M
AGE
63
TENURE
0.8 yrs

G. Waite

TITLE
Independent Director
COMPENSATION
$160K
AGE
66
TENURE
22.9 yrs

Bob Grusky

TITLE
Presiding Independent Director
COMPENSATION
$153K
AGE
60
TENURE
1.4 yrs

Todd Milano

TITLE
Independent Director
COMPENSATION
$135K
AGE
65
TENURE
22.9 yrs

Charlotte Beason

TITLE
Independent Director
COMPENSATION
$150K
AGE
70
TENURE
22.9 yrs

John Casteen

TITLE
Independent Director
COMPENSATION
$158K
AGE
75
TENURE
8.2 yrs

Nate Fick

TITLE
Independent Director
COMPENSATION
$155K
AGE
40
TENURE
2.7 yrs

H. Dallas

TITLE
Director
COMPENSATION
$58K
AGE
59
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • Strategic Education insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Jun 19 Sell Todd Milano Individual 13. Jun 19 13. Jun 19 -6,449 €160.56 €-1,032,221
14. Jun 19 Sell John Casteen Individual 12. Jun 19 12. Jun 19 -1,400 €159.34 €-223,075
30. May 19 Sell G. Waite Individual 28. May 19 28. May 19 -3,000 €159.80 €-479,407
08. May 19 Sell Robert Grusky Individual 06. May 19 06. May 19 -2,515 €150.02 €-375,491
08. May 19 Sell Karl McDonnell Individual 06. May 19 06. May 19 -22,436 €147.45 €-3,290,737
02. Apr 19 Sell J. Gilligan Individual 01. Apr 19 01. Apr 19 -7,500 €117.41 €-877,978
28. Mar 19 Sell J. Gilligan Individual 25. Mar 19 25. Mar 19 -7,500 €116.83 €-874,659
05. Mar 19 Sell Thomas Aprahamian Individual 04. Mar 19 04. Mar 19 -2,650 €122.11 €-323,585
06. Mar 19 Sell Daniel Jackson Individual 04. Mar 19 05. Mar 19 -5,418 €127.00 €-684,125
06. Mar 19 Sell Lizette Herraiz Individual 05. Mar 19 05. Mar 19 -1,995 €124.97 €-247,619
13. Dec 18 Buy Todd Milano Individual 12. Dec 18 12. Dec 18 280 €107.86 €30,202
03. Dec 18 Sell J. Gilligan Individual 29. Nov 18 29. Nov 18 -3,343 €117.06 €-388,343
26. Nov 18 Sell J. Gilligan Individual 23. Nov 18 23. Nov 18 -5,000 €113.55 €-564,702
16. Nov 18 Sell J. Gilligan Individual 15. Nov 18 15. Nov 18 -5,000 €124.26 €-611,437
14. Nov 18 Sell Robert Grusky Individual 12. Nov 18 12. Nov 18 -507 €128.06 €-64,927
09. Nov 18 Sell J. Gilligan Individual 08. Nov 18 08. Nov 18 -5,000 €126.24 €-624,813
02. Nov 18 Sell J. Gilligan Individual 01. Nov 18 01. Nov 18 -5,000 €109.37 €-546,851
26. Oct 18 Sell J. Gilligan Individual 25. Oct 18 25. Oct 18 -5,000 €110.25 €-548,499
19. Oct 18 Sell J. Gilligan Individual 18. Oct 18 18. Oct 18 -5,000 €113.93 €-566,838
03. Aug 18 Buy H. Dallas Individual 02. Aug 18 02. Aug 18 1,625 €106.42 €172,932
X
Management checks
We assess Strategic Education's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Strategic Education has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SQE News

Simply Wall St News

SQE Company Info

Description

Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and non-degree programs in the United States. The company operates through three segments: Strayer University, Capella University, and Non-Degree Programs. It operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice for working adult students through its 74 physical campuses located in the eastern United States, as well as through online; and an executive MBA online through its Jack Welch Management Institute. The company also operates Capella University, an online post-secondary education company, which offers various bachelor's, master's, and doctoral degree programs in public service leadership, nursing and health sciences, psychology, business and technology, counseling and human services, and education primarily for working adults. In addition, it is involved in the operation of a software development school that provides Web Development, iOS development, and UX design programs in person at classrooms in Provo and Salt Lake City, Utah; Dallas, Texas; and Phoenix, Arizona, as well as through online. Further, the company operates a software engineering school for women, which offers software development programs in person through classrooms in the San Francisco Bay area; and provides non-degree Web and application software development courses, as well as self-paced online learning courses. It offers its non-degree programs primarily for workers and their employers. Strategic Education, Inc. was founded in 1892 and is headquartered in Herndon, Virginia.

Details
Name: Strategic Education, Inc.
SQE
Exchange: DB
Founded: 1892
$3,442,709,202
21,443,546
Website: http://www.strategiceducation.com
Address: Strategic Education, Inc.
2303 Dulles Station Boulevard,
Herndon,
Virginia, 20171,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS STRA Common Stock Nasdaq Global Select US USD 25. Jul 1996
DB SQE Common Stock Deutsche Boerse AG DE EUR 25. Jul 1996
Number of employees
Current staff
Staff numbers
3,088
Strategic Education employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 20:31
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/07
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.