IDP EDUCATION LIMITED (IEL)
Share Price Analysis and Chart

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IEL - IDP EDUCATION LIMITED

FNArena Sector : Education & Tuition
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 1.19
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

IDP Education is an international organisation offering student placements in Australia, New Zealand, the UK and North America. It has been listed since 2015 when 50% shareholder Seek sold out. Seek had become a 50% shareholder in 2006.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$14.56

02 Jul
2024

-0.320

OPEN

$14.77

-2.15%

HIGH

$14.96

587,600

LOW

$14.56

TARGET
$19.683 35.2% upside
Franking for last dividend paid out: 77%
OTHER COMPANIES IN THE SAME SECTOR
3PL . AKG . CLU . EVO . JAN . KED . NXD . OLL . RCL .
FNARENA'S MARKET CONSENSUS FORECASTS
IEL: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 53.4 55.0 xxx
DPS (cps) xxx 41.0 41.6 xxx
EPS Growth xxx 44.8% 3.1% xxx
DPS Growth xxx 51.9% 1.6% xxx
PE Ratio xxx N/A 26.7 xxx
Dividend Yield xxx N/A 2.8% xxx
Div Pay Ratio(%) xxx 76.8% 75.7% xxx

Dividend yield today if purchased 3 years ago: 1.39%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.79

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 07/03 - ex-div 25c (franking 77%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx53.4
DPS All xxxxxxxxxxxxxxx41.0
Sales/Revenue xxxxxxxxxxxxxxx977.8 M
Book Value Per Share xxxxxxxxxxxxxxx186.1
Net Operating Cash Flow xxxxxxxxxxxxxxx170.3 M
Net Profit Margin xxxxxxxxxxxxxxx15.19 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx30.53 %
Return on Invested Capital xxxxxxxxxxxxxxx19.60 %
Return on Assets xxxxxxxxxxxxxxx13.45 %
Return on Equity xxxxxxxxxxxxxxx30.53 %
Return on Total Capital xxxxxxxxxxxxxxx29.17 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx35.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx25 M
Long Term Debt xxxxxxxxxxxxxxx305 M
Total Debt xxxxxxxxxxxxxxx330 M
Goodwill - Gross xxxxxxxxxxxxxxx260 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx167 M
Price To Book Value xxxxxxxxxxxxxxx11.88

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx38.9 M
Capex % of Sales xxxxxxxxxxxxxxx3.98 %
Cost of Goods Sold xxxxxxxxxxxxxxx603 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx147 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx9 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

07/06/2024

1

Overweight

$22.50

54.53%

IDP Education has guided to FY24 adjusted EBIT broadly in line with FY23 with a 15-20% increase in IELTS testing and a -15-20% decline in volumes. A cost reduction program will be implemented to align expenses to the near-term revenue outlook.

The company acknowledges a more restrictive policy environment in key markets has negatively affected volumes in the second half. Morgan Stanley retains a $22.50 target and Overweight rating. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 42.20 cents and EPS of 60.00 cents.
Morgan Stanley forecasts a full year FY25 dividend of 43.70 cents and EPS of 62.40 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

IEL STOCK CHART

FNArena News on IEL

1
Rudi’s View: Diverging Risks In A Polarised Market

Jul 03 2024 - Rudi's View
2
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Jun 13, 2024

Jun 13 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Jun 12, 2024

Jun 12 2024 - Daily Market Reports
5
Might FY25 Be The Trough For IDP Education?

Jun 11 2024 - Australia

Latest Education & Tuition News

1
Might FY25 Be The Trough For IDP Education?

Jun 11 2024 - Australia
2
IDP Education Shifts Into Fastlane Acceleration

Aug 31 2023 - Australia
3
Treasure Chest: IDP Education

Jul 10 2023 - Treasure Chest
4
IDP Education Suffers Flesh Wound In Canada

May 30 2023 - Australia
5
Innovation And Structural Growth Driving IDP Education

May 22 2023 - Australia
6
Growth for IDP Education With New Intake

Sep 26 2022 - Australia
7
Treasure Chest: Trend Up For IDP Education

Jul 14 2022 - Treasure Chest
8
Treasure Chest: Janison Education Looks Poised

Jul 13 2022 - Treasure Chest
9
Back To E-School

Mar 07 2022 - Small Caps
10
Open Borders Open Opportunity For IDP Education

Feb 14 2022 - Australia