NYSE:DL

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China Distance Education Holdings

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


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%

DL

10.0%

US Consumer Services

-2.7%

US Market


1 Year Return

18.2%

DL

37.5%

US Consumer Services

21.2%

US Market

Return vs Industry: DL underperformed the US Consumer Services industry which returned 38.6% over the past year.

Return vs Market: DL underperformed the US Market which returned 26% over the past year.


Shareholder returns

DLIndustryMarket
7 Day0%10.0%-2.7%
30 Day-0.06%14.5%1.8%
90 Day11.5%19.7%16.4%
1 Year29.1%18.2%38.0%37.5%23.9%21.2%
3 Year6.8%-2.2%62.4%56.5%43.7%34.2%
5 Year-4.7%-19.7%220.0%199.9%124.3%99.2%

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

Valuation

Is China Distance Education Holdings undervalued compared to its fair value and its price relative to the market?

15.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DL ($9.6) is trading below our estimate of fair value ($11.31)

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 (25.8x).

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?

74.9%

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

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DLNYSE (New York Stock Exchange)YesSPONS ADRUSUSDJul 2008
0CDADB (Deutsche Boerse AG)YesSPONS ADRDEEURJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/27 00:40
End of Day Share Price2021/01/26 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.