NSEI:GLOBAL

Stock Analysis Report

Executive Summary

Global Education Limited provides educational and consultancy services in India and internationally.

Rewards

PE ratio (3.9x) is below the Indian market (13.4x)

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (₹223M)

Unstable dividend track record

Does not have meaningful revenue (₹245M)



Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GLOBAL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.06%

GLOBAL

-1.8%

IN Consumer Services

-0.4%

IN Market


1 Year Return

-37.9%

GLOBAL

-30.9%

IN Consumer Services

11.1%

IN Market

Return vs Industry: GLOBAL underperformed the Indian Consumer Services industry which returned -30.9% over the past year.

Return vs Market: GLOBAL underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

GLOBALIndustryMarket
7 Day-0.06%-1.8%-0.4%
30 Day0%-10.1%-1.2%
90 Day12.5%-10.8%3.3%
1 Year-35.0%-37.9%-30.5%-30.9%13.0%11.1%
3 Yearn/a-52.9%-53.5%25.3%18.6%
5 Yearn/a-41.2%-42.6%35.4%23.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GLOBAL (₹90) is trading above our estimate of fair value (₹47.77)

Significantly Below Fair Value: GLOBAL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GLOBAL is good value based on its PE Ratio (3.9x) compared to the Consumer Services industry average (24.5x).

PE vs Market: GLOBAL is good value based on its PE Ratio (3.9x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GLOBAL is good value based on its PB Ratio (0.7x) compared to the IN Consumer Services industry average (0.7x).


Next Steps

Future Growth

How is Global Education forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.8%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Global Education has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Global Education performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLOBAL has a high level of non-cash earnings.

Growing Profit Margin: GLOBAL's current net profit margins (23.4%) are higher than last year (22%).


Past Earnings Growth Analysis

Earnings Trend: GLOBAL's earnings have grown significantly by 21.2% per year over the past 5 years.

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

Earnings vs Industry: GLOBAL had negative earnings growth (-15.2%) over the past year, making it difficult to compare to the Consumer Services industry average (-14.1%).


Return on Equity

High ROE: GLOBAL's Return on Equity (17.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Global Education's financial position?


Financial Position Analysis

Short Term Liabilities: GLOBAL's short term assets (₹287.5M) exceed its short term liabilities (₹54.5M).

Long Term Liabilities: GLOBAL's short term assets (₹287.5M) exceed its long term liabilities (₹928.8K).


Debt to Equity History and Analysis

Debt Level: GLOBAL is debt free.

Reducing Debt: GLOBAL has no debt compared to 5 years ago when its debt to equity ratio was 26.6%.

Debt Coverage: GLOBAL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GLOBAL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: GLOBAL has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GLOBAL's debt is covered by short term assets.


Next Steps

Dividend

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

3.33%

Current Dividend Yield


Dividend Yield vs Market

company3.3%marketbottom25%0.6%markettop25%2.5%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: GLOBAL's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: GLOBAL's dividend (3.33%) is in the top 25% of dividend payers in the Indian market (2.51%)


Stability and Growth of Payments

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

Growing Dividend: GLOBAL has only been paying a dividend for 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.3%), GLOBAL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.7yrs

Average board tenure


CEO

Aditya Bhandari (29yo)

0

Mr. Aditya Praneet Bhandari has been Whole-Time Director at Global Education Limited since March 03, 2017. Mr. Bhandari has 2 years of experience in various fields. He holds a degree of Bachelor of Busines ...


CEO Compensation Analysis

Compensation vs Market: Aditya's total compensation ($USD1.42M) is above average for companies of similar size in the Indian market ($USD50.14K).

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


Board Members

NamePositionTenureCompensationOwnership
Aditya Bhandari
Whole-Time Director0yrsno data0.00072% 1.6k
Vijay Bapna
Independent Chairman of the Board0yrs₹22.50kno data
Mallika Bajaj
Non-Executive Independent Director2.9yrs₹22.50kno data
Gururaj Karajagi
Non Executive Non Independent Director2.5yrs₹15.00kno data
Shunali Nagarkatti
Non-Executive Independent Director0.8yrsno datano data

2.7yrs

Average Tenure

45yo

Average Age

Experienced Board: GLOBAL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

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


Top Shareholders

Company Information

Global Education Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Education Limited
  • Ticker: GLOBAL
  • Exchange: NSEI
  • Founded: 2011
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: ₹223.470m
  • Shares outstanding: 2.48m
  • Website: https://www.globaledu.net.in

Number of Employees


Location

  • Global Education Limited
  • Building Panchratna CHSL
  • 1st Floor
  • Mumbai
  • Maharashtra
  • 440004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLOBALNSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

Global Education Limited provides educational and consultancy services in India and internationally. The company operates through two segments, Educational Training and Development Activities; and Educational Business Support Activities. The company provides professional training and skill developments to corporates, teachers, and students, as well as other various business support services to education institutions, corporates, and banks. It also offers operations and management consultancy services; financial management advisory services; IT advisory services; marketing and branding services; infrastructure facility services; skill development and training; and proedge courses, as well as conducts online exams. In addition, the company supplies computer hardware and accessories, tools, printed materials, etc. for educational institutions. Global Education Limited was founded in 2011 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 13:15
End of Day Share Price2020/02/10 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.