China Distance Education Holdings Limited primarily provides online and offline education services, and sells related products in the People’s Republic of China. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has China Distance Education Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DL's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Consumer Services
1 Year Return
US Consumer Services
Return vs Industry: DL underperformed the US Consumer Services industry which returned 34.5% over the past year.
Return vs Market: DL matched the US Market which returned 22.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China Distance Education Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StIs The Market Rewarding China Distance Education Holdings Limited (NYSE:DL) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
7 months ago | Simply Wall StDoes China Distance Education Holdings Limited's (NYSE:DL) P/E Ratio Signal A Buying Opportunity?
7 months ago | Simply Wall StWhy You Should Like China Distance Education Holdings Limited’s (NYSE:DL) ROCE
Is China Distance Education Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DL ($9.64) is trading below our estimate of fair value ($16.68)
Significantly Below Fair Value: DL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DL is good value based on its PE Ratio (16.8x) compared to the US Consumer Services industry average (23.3x).
PE vs Market: DL is good value based on its PE Ratio (16.8x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: DL is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: DL is overvalued based on its PB Ratio (5.1x) compared to the US Consumer Services industry average (2.2x).
How is China Distance Education Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DL's forecast earnings growth (34% per year) is above the savings rate (2.2%).
Earnings vs Market: DL's earnings (34% per year) are forecast to grow faster than the US market (21.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DL's revenue (9.9% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: DL's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DL's Return on Equity is forecast to be low in 3 years time (18%).
How has China Distance Education Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DL has a large one-off loss of $8.4M impacting its June 30 2020 financial results.
Growing Profit Margin: DL's current net profit margins (9%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: DL's earnings have declined by 10.9% per year over the past 5 years.
Accelerating Growth: DL's earnings growth over the past year (11.9%) exceeds its 5-year average (-10.9% per year).
Earnings vs Industry: DL earnings growth over the past year (11.9%) underperformed the Consumer Services industry 11.9%.
Return on Equity
High ROE: DL's Return on Equity (11.3%) is considered low.
How is China Distance Education Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DL's short term assets ($178.7M) exceed its short term liabilities ($142.7M).
Long Term Liabilities: DL's short term assets ($178.7M) exceed its long term liabilities ($131.7M).
Debt to Equity History and Analysis
Debt Level: DL's debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: DL's debt to equity ratio has increased from 20.3% to 20.4% over the past 5 years.
Debt Coverage: DL's debt is well covered by operating cash flow (352.6%).
Interest Coverage: DL earns more interest than it pays, so coverage of interest payments is not a concern.
What is China Distance Education Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DL'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 DL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Zhengdong Zhu (52 yo)
Mr. Zhengdong Zhu serves as the Chief Executive Officer of China Distance Education Limited. Mr. Zhu co-founded China Distance Education Holdings Limited in 2000 and serves as its Chairman of the Board of ...
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.
China Distance Education Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Distance Education Holdings Limited
- Ticker: DL
- Exchange: NYSE
- Founded: 2000
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$326.461m
- Shares outstanding: 33.83m
- Website: https://www.cdeledu.com
Number of Employees
- China Distance Education Holdings Limited
- Xueyuan International Tower
- 18th Floor
- Beijing Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DL||NYSE (New York Stock Exchange)||Yes||SPONS ADR||US||USD||Jul 2008|
|0CDA||DB (Deutsche Boerse AG)||Yes||SPONS ADR||DE||EUR||Jul 2008|
China Distance Education Holdings Limited primarily provides online and offline education services, and sells related products in the People’s Republic of China. It operates in three segments: Professional...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 23:06|
|End of Day Share Price||2020/12/02 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.