China Distance Education Holdings
Market Cap
US$328.2m
Last Updated
2021/01/24 00:52 UTC
Data Sources
Company Financials
Executive Summary
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
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and overvalued.
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 +/- 4% a week.
Volatility Over Time: DL's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
DL
9.1%
US Consumer Services
2.3%
US Market
1 Year Return
8.6%
DL
36.1%
US Consumer Services
23.8%
US Market
Return vs Industry: DL underperformed the US Consumer Services industry which returned 36.1% over the past year.
Return vs Market: DL underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| DL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | 9.1% | 2.3% |
| 30 Day | -0.06% | 8.4% | 4.8% |
| 90 Day | 7.9% | 9.2% | 14.5% |
| 1 Year | 18.7%8.6% | 36.5%36.1% | 26.6%23.8% |
| 3 Year | 10.7%1.3% | 56.5%50.9% | 45.0%35.4% |
| 5 Year | -0.4%-16.1% | 272.5%244.3% | 126.2%101.0% |
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
8 months ago | Simply Wall St
Is The Market Rewarding China Distance Education Holdings Limited (NYSE:DL) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?8 months ago | Simply Wall St
Does China Distance Education Holdings Limited's (NYSE:DL) P/E Ratio Signal A Buying Opportunity?9 months ago | Simply Wall St
Why You Should Like China Distance Education Holdings Limited’s (NYSE:DL) ROCEValuation
Is China Distance Education Holdings undervalued compared to its fair value and its price relative to the market?
15.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DL ($9.6) is trading below our estimate of fair value ($11.32)
Significantly Below Fair Value: DL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: DL is poor value based on its PE Ratio (31.1x) compared to the US Consumer Services industry average (26x).
PE vs Market: DL is poor value based on its PE Ratio (31.1x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DL is overvalued based on its PB Ratio (4.2x) compared to the US Consumer Services industry average (2.7x).
Next Steps
Future Growth
How is China Distance Education Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
74.8%
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 China Distance Education Holdings 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
- Examine China Distance Education Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- China Distance Education Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has China Distance Education Holdings performed over the past 5 years?
-12.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DL has high quality earnings.
Growing Profit Margin: DL's current net profit margins (4.9%) are lower than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: DL's earnings have declined by 12.1% per year over the past 5 years.
Accelerating Growth: DL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DL had negative earnings growth (-50.9%) over the past year, making it difficult to compare to the Consumer Services industry average (4.8%).
Return on Equity
High ROE: DL's Return on Equity (6.4%) is considered low.
Next Steps
Financial Health
How is China Distance Education Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DL's short term assets ($165.1M) do not cover its short term liabilities ($189.5M).
Long Term Liabilities: DL's short term assets ($165.1M) exceed its long term liabilities ($81.7M).
Debt to Equity History and Analysis
Debt Level: DL's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: DL's debt to equity ratio has reduced from 18.3% to 15.8% over the past 5 years.
Debt Coverage: DL's debt is well covered by operating cash flow (204.7%).
Interest Coverage: DL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Zhengdong Zhu (52 yo)
no data
Tenure
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 ...
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
China Distance Education Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Distance Education Holdings Limited
- Ticker: DL
- Exchange: NYSE
- Founded: 2000
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$328.194m
- Shares outstanding: 34.19m
- Website: https://www.cdeledu.com
Number of Employees
Location
- China Distance Education Holdings Limited
- Xueyuan International Tower
- 18th Floor
- Beijing
- 100083
- China
Listings
| 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 |
Biography
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 | 2021/01/24 00:52 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.