EVO Stock Overview
Evolve Education Group Limited provides early childhood education (ECE) services in New Zealand and Australia.
Evolve Education Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.64|
|52 Week High||NZ$0.96|
|52 Week Low||NZ$0.60|
|1 Month Change||-14.67%|
|3 Month Change||-13.51%|
|1 Year Change||-1.54%|
|3 Year Change||-23.81%|
|5 Year Change||-89.61%|
|Change since IPO||-92.59%|
Recent News & Updates
Calculating The Intrinsic Value Of Evolve Education Group Limited (NZSE:EVO)
How far off is Evolve Education Group Limited ( NZSE:EVO ) from its intrinsic value? Using the most recent financial...
|EVO||NZ Consumer Services||NZ Market|
Return vs Industry: EVO exceeded the NZ Consumer Services industry which returned -1.7% over the past year.
Return vs Market: EVO exceeded the NZ Market which returned -9.7% over the past year.
|EVO Average Weekly Movement||7.4%|
|Consumer Services Industry Average Movement||7.5%|
|Market Average Movement||4.4%|
|10% most volatile stocks in NZ Market||8.1%|
|10% least volatile stocks in NZ Market||3.0%|
Stable Share Price: EVO is more volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: EVO's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NZ stocks.
About the Company
Evolve Education Group Limited provides early childhood education (ECE) services in New Zealand and Australia. The company operates and manages ECE centers. It operates 109 ECE centers in New Zealand and 23 ECE centers in Australia under the Lollipops, Active Explorers, Learning Adventures, Little Earth Montessori, Little Lights, Little Wonders, and Pascals brand names.
Evolve Education Group Fundamentals Summary
|EVO fundamental statistics|
Is EVO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EVO income statement (TTM)|
|Cost of Revenue||NZ$17.79m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0046|
|Net Profit Margin||0.47%|
How did EVO perform over the long term?See historical performance and comparison
Is EVO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EVO?
Other financial metrics that can be useful for relative valuation.
|What is EVO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does EVO's PE Ratio compare to its peers?
|EVO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MCK Millennium & Copthorne Hotels New Zealand
STG Sunlands Technology Group
A100220 Visang Education
EVO Evolve Education Group
Price-To-Earnings vs Peers: EVO is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the peer average (16.2x).
Price to Earnings Ratio vs Industry
How does EVO's PE Ratio compare vs other companies in the Global Consumer Services Industry?
Price-To-Earnings vs Industry: EVO is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the Oceanic Consumer Services industry average (30.8x)
Price to Earnings Ratio vs Fair Ratio
What is EVO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||137.9x|
|Fair PE Ratio||17.7x|
Price-To-Earnings vs Fair Ratio: EVO is expensive based on its Price-To-Earnings Ratio (137.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).
Share Price vs Fair Value
What is the Fair Price of EVO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: EVO (NZ$0.64) is trading below our estimate of fair value (NZ$0.77)
Significantly Below Fair Value: EVO is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Evolve Education Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVO's forecast earnings growth (45.9% per year) is above the savings rate (2.1%).
Earnings vs Market: EVO's earnings (45.9% per year) are forecast to grow faster than the NZ market (5.4% per year).
High Growth Earnings: EVO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EVO's revenue (10.6% per year) is forecast to grow faster than the NZ market (5.8% per year).
High Growth Revenue: EVO's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVO's Return on Equity is forecast to be low in 3 years time (10%).
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How has Evolve Education Group performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVO has a large one-off loss of NZ$1.0M impacting its December 31 2021 financial results.
Growing Profit Margin: EVO's current net profit margins (0.5%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: EVO has become profitable over the past 5 years, growing earnings by -26.6% per year.
Accelerating Growth: EVO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EVO had negative earnings growth (-92.7%) over the past year, making it difficult to compare to the Consumer Services industry average (-2.9%).
Return on Equity
High ROE: EVO's Return on Equity (0.6%) is considered low.
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How is Evolve Education Group's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: EVO's short term assets (NZ$53.7M) exceed its short term liabilities (NZ$42.3M).
Long Term Liabilities: EVO's short term assets (NZ$53.7M) do not cover its long term liabilities (NZ$250.8M).
Debt to Equity History and Analysis
Debt Level: EVO has more cash than its total debt.
Reducing Debt: EVO's debt to equity ratio has increased from 12% to 27.5% over the past 5 years.
Debt Coverage: EVO's debt is well covered by operating cash flow (107.4%).
Interest Coverage: EVO's interest payments on its debt are not well covered by EBIT (1.1x coverage).
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What is Evolve Education Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EVO'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 EVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EVO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: EVO is not paying a notable dividend for the NZ market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as EVO has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Scott (74 yo)
Mr. Christopher John Scott, also known as Chris, B.Econ (Hons), has been Managing Director of Evolve Education Group Limited since August 16, 2019. Mr. Scott served as an Executive Director of G8 Education...
Experienced Management: EVO's management team is considered experienced (3.3 years average tenure).
Experienced Board: EVO's board of directors are considered experienced (3.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evolve Education Group Limited's employee growth, exchange listings and data sources
- Name: Evolve Education Group Limited
- Ticker: EVO
- Exchange: NZSE
- Founded: 2014
- Industry: Education Services
- Sector: Consumer Services
- Implied Market Cap: NZ$102.112m
- Shares outstanding: 159.55m
- Website: https://www.evolveeducation.co.nz
Number of Employees
- Evolve Education Group Limited
- 16 Kingston Street
- Level 15
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/16 00:00|
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.