Intrinsic value of New Oriental Education & Technology Group, Inc. (EDU)

[per Chepakovich valuation model]

other valuations of EDU

[per Chepakovich valuation model]  See other valuations of EDU stock

Previous Close$2.93
Intrinsic Value
Upside potential
Previous Close
$2.93

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-05-31 and quarterly data as of 2021-02-28.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %15.6NaN
Revenue, $3579NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m3180NaN
Operating income, $m399NaN
EBITDA, $m550NaN
Interest expense (income), $mNaN
Earnings before tax, $m548NaN
Tax expense, $m134NaN
Net income, $m413NaN

BALANCE SHEET

Cash and short-term investments, $m3518NaN
Total assets, $m6557NaN
Adjusted assets (=assets-cash), $m3039NaN
Average production assets, $m701NaN
Working capital, $m1277NaN
Total debt, $m118NaN
Total liabilities, $m3687NaN
Total equity, $m2870NaN
Debt-to-equity ratio0.041NaN
Adjusted equity ratio-0.213NaN

CASH FLOW

Net income, $m413NaN
Depreciation, amort., depletion, $m151NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m804NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-285NaN
Free cash flow, $m1090NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m1277
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN