IDP EDUCATION LIMITED (IEL)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$16.22

12 Apr
2024

-0.180

OPEN

$16.30

-1.10%

HIGH

$16.62

1,804,003

LOW

$16.20

TARGET
$24.333 50.0% upside
Franking for last dividend paid out: 77%
OTHER COMPANIES IN THE SAME SECTOR
3PL . 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 N/A 62.3 xxx
DPS (cps) xxx N/A 46.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 26.0 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx N/A 74.6% xxx

Dividend yield today if purchased 3 years ago: 1.67%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.53

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

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

15/02/2024

1

Overweight

$27.50

69.54%

In Morgan Stanley's view, 1H results for IDP Education highlight strength for the student placement (SP) business.

While medium-term growth will be lower due to migration policies/competitive landscape, it's felt these factors are already reflected in the current share price.

Revenue and adjusted earnings (EBIT) for the 1H exceeded consensus forecasts by 4% and 10%, respectively, on stronger SP volumes, explains the broker.

Cost initiatives helped to offset IELTS margin headwinds, note the analysts. Declines in India were considered largely market driven. The impact of Pearson test of English (PTE) competition is expected in the 2H.

The Overweight rating and $27.50 target are maintained. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 46.00 cents and EPS of 65.00 cents.
Morgan Stanley forecasts a full year FY25 dividend of 52.00 cents and EPS of 74.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

IEL STOCK CHART