China Distance Education Holdings Limited primarily provides online and offline education services, and sells related products in the People’s Republic of China.
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's share price has been volatile over the past 3 months.
7 Day Return
US Consumer Services
1 Year Return
US Consumer Services
Return vs Industry: DL exceeded the US Consumer Services industry which returned 7.1% over the past year.
Return vs Market: DL exceeded the US Market which returned 7.1% over the past year.
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
2 weeks 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?
4 weeks ago | Simply Wall StDoes China Distance Education Holdings Limited's (NYSE:DL) P/E Ratio Signal A Buying Opportunity?
1 month 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 ($6.79) is trading below our estimate of fair value ($15.79)
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 (8.8x) compared to the Consumer Services industry average (22.5x).
PE vs Market: DL is good value based on its PE Ratio (8.8x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: DL is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: DL is overvalued based on its PB Ratio (3.9x) compared to the US Consumer Services industry average (2.3x).
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 (32.2% per year) is above the savings rate (2.2%).
Earnings vs Market: DL's earnings (32.2% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DL's revenue (11.7% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: DL's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DL's Return on Equity is forecast to be high in 3 years time
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 $7.4M impacting its March 31 2020 financial results.
Growing Profit Margin: DL's current net profit margins (11.5%) are higher than last year (7%).
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 earnings growth over the past year (99.6%) exceeds its 5-year average (-12.1% per year).
Earnings vs Industry: DL earnings growth over the past year (99.6%) exceeded the Consumer Services industry 15.4%.
Return on Equity
High ROE: DL's Return on Equity (18.3%) is considered low.
How is China Distance Education Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DL's short term assets ($176.1M) do not cover its short term liabilities ($178.4M).
Long Term Liabilities: DL's short term assets ($176.1M) exceed its long term liabilities ($103.1M).
Debt to Equity History and Analysis
Debt Level: DL's debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: DL's debt to equity ratio has reduced from 21.7% to 5.4% over the past 5 years.
Debt Coverage: DL's debt is well covered by operating cash flow (1359.6%).
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 (51yo)
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.
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$229.706m
- Shares outstanding: 33.83m
- Website: https://www.cdeledu.com
Number of Employees
- China Distance Education Holdings Limited
- Xueyuan International Tower
- 18th Floor
|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 Education Services, Business Start-Up Training Services, and The Sale of Learning Simulation Software. The company offers online professional education services in accounting, healthcare, and engineering and construction industries; and other professional education courses, such as online test-preparation courses for the legal professional qualification examination and self-taught learners pursuing higher education diplomas or degrees, and accounting practical skills training courses for college students and working professionals. As of September 30, 2019, it operated 43 Websites, including its primary Website cdeledu.com. The company also operates an Open Learning Platform, a proprietary education platform to share educational content and deliver live courses online; and sells proprietary books and reference materials. In addition, it provides business start-up training services to university students, job seekers, and individuals; offline accounting, tax, healthcare, and legal professional training services; courseware production and online platform development services; and mobile accounting, healthcare, engineering and construction, and legal courses through an app, as well as sells learning simulation software to the college market. The company was founded in 2000 and is based in Beijing, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 03:13|
|End of Day Share Price||2020/05/27 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.