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PERDOCEO EDUCATION Corp (CECO) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $12.07 Metrics
OS: 65.6 M 20 % ROE
Market cap: $792 M 39 % ROIC
Net cash: $569 M $8.67 per share
EV: $223 M

 
TTM Valuation
EBITDA
EBIT $227 M 1.0 x EV/EBIT
EPS $2.33 5.2 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues695.2693.0687.3627.7581.3596.4704.4847.3
            Revenue growth0.3%0.8%9.5%8.0%-2.5%-15.3%-16.9%-7.3%
Cost of goods sold0.00.00.0101.9109.9143.3235.1289.8
Gross profit695.2693.0687.3525.8471.4453.1469.3557.5
            Gross margin100.0%100.0%100.0%83.8%81.1%76.0%66.6%65.8%
Selling, general and administrative565.6544.0544.4     
General and administrative   430.2390.7405.0477.7564.2
EBITA146.2153.6153.386.571.334.1-31.2-31.6
            EBITA margin21.0%22.2%22.3%13.8%12.3%5.7%-4.4%-3.7%
Amortization of intangibles7.34.52.8    0.1
EBIT138.9149.1150.586.571.334.1-31.2-31.7
            EBIT margin20.0%21.5%21.9%13.8%12.3%5.7%-4.4%-3.7%
Pre-tax income134.3149.1146.793.074.472.6-31.4-94.4
Income taxes38.439.422.522.418.667.1-16.6-147.5
            Tax rate28.6%26.5%15.3%24.1%25.0%92.5%52.8%156.1%
Earnings from continuing ops95.9109.6124.370.655.8-30.9-14.853.0
Earnings from discontinued ops   -0.6-0.6-1.0-3.9-1.1
Net income95.9109.6124.370.055.2-31.9-18.751.9
            Net margin13.8%15.8%18.1%11.1%9.5%-5.3%-2.7%6.1%
 
Diluted EPS$1.39$1.55$1.74$0.98$0.78($0.45)($0.22)$0.78
Shares outstanding (diluted)69.070.971.372.171.568.968.468.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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