AMERICAN PUBLIC EDUCATION (APEI) Stock Fundamental Analysis
NASDAQ:APEI - US02913V1035 - Common Stock
30.55 USD
-0.09 (-0.29%)
30.55 USD
0 (0%)
Taking everything into account, APEI scores 6 out of 10 in our fundamental rating. APEI was compared to 71 industry peers in the Diversified Consumer Services industry. APEI has an excellent financial health rating, but there are some minor concerns on its profitability. APEI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
APEI had positive earnings in the past year.
In the past year APEI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: APEI reported negative net income in multiple years.
Each year in the past 5 years APEI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.61%, APEI is in the better half of the industry, outperforming 60.56% of the companies in the same industry.
APEI has a Return On Equity of 7.12%. This is comparable to the rest of the industry: APEI outperforms 59.15% of its industry peers.
With a decent Return On Invested Capital value of 7.08%, APEI is doing good in the industry, outperforming 74.65% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for APEI is significantly below the industry average of 10.23%.
The last Return On Invested Capital (7.08%) for APEI is above the 3 year average (3.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.61% | ||
| ROE | 7.12% | ||
| ROIC | 7.08% |
ROA(3y)-8.83%
ROA(5y)-3.79%
ROE(3y)-15.94%
ROE(5y)-7.48%
ROIC(3y)3.11%
ROIC(5y)3.6%
1.3 Margins
Looking at the Profit Margin, with a value of 3.01%, APEI is in line with its industry, outperforming 54.93% of the companies in the same industry.
APEI's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 7.53%, APEI is doing good in the industry, outperforming 61.97% of the companies in the same industry.
In the last couple of years the Operating Margin of APEI has declined.
The Gross Margin of APEI (53.39%) is better than 64.79% of its industry peers.
APEI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.53% | ||
| PM (TTM) | 3.01% | ||
| GM | 53.39% |
OM growth 3Y-6.39%
OM growth 5Y-3%
PM growth 3Y-27.64%
PM growth 5Y-14.35%
GM growth 3Y-3.61%
GM growth 5Y-2.87%
2. Health
2.1 Basic Checks
APEI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
APEI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, APEI has more shares outstanding
APEI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.00 indicates that APEI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.00, APEI is in the better half of the industry, outperforming 71.83% of the companies in the same industry.
APEI has a debt to FCF ratio of 1.88. This is a very positive value and a sign of high solvency as it would only need 1.88 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.88, APEI belongs to the top of the industry, outperforming 81.69% of the companies in the same industry.
APEI has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
APEI's Debt to Equity ratio of 0.35 is in line compared to the rest of the industry. APEI outperforms 46.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | 3 |
ROIC/WACC0.77
WACC9.23%
2.3 Liquidity
A Current Ratio of 2.83 indicates that APEI has no problem at all paying its short term obligations.
The Current ratio of APEI (2.83) is better than 81.69% of its industry peers.
APEI has a Quick Ratio of 2.83. This indicates that APEI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.83, APEI belongs to the top of the industry, outperforming 83.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| Quick Ratio | 2.83 |
3. Growth
3.1 Past
APEI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.45%, which is quite impressive.
Measured over the past years, APEI shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.13% on average per year.
The Revenue has been growing slightly by 5.50% in the past year.
Measured over the past years, APEI shows a quite strong growth in Revenue. The Revenue has been growing by 16.88% on average per year.
EPS 1Y (TTM)20.45%
EPS 3Y-10.67%
EPS 5Y-8.13%
EPS Q2Q%66.67%
Revenue 1Y (TTM)5.5%
Revenue growth 3Y14.25%
Revenue growth 5Y16.88%
Sales Q2Q%6.46%
3.2 Future
The Earnings Per Share is expected to grow by 52.84% on average over the next years. This is a very strong growth
Based on estimates for the next years, APEI will show a small growth in Revenue. The Revenue will grow by 5.07% on average per year.
EPS Next Y62.59%
EPS Next 2Y73.74%
EPS Next 3Y52.84%
EPS Next 5YN/A
Revenue Next Year5.47%
Revenue Next 2Y4.89%
Revenue Next 3Y5.07%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.82 indicates a quite expensive valuation of APEI.
APEI's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.17, APEI is valued at the same level.
Based on the Price/Forward Earnings ratio of 14.06, the valuation of APEI can be described as correct.
Based on the Price/Forward Earnings ratio, APEI is valued a bit cheaper than 78.87% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.78, APEI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.82 | ||
| Fwd PE | 14.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APEI is valued cheaply inside the industry as 81.69% of the companies are valued more expensively.
APEI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APEI is cheaper than 88.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.99 | ||
| EV/EBITDA | 7.14 |
4.3 Compensation for Growth
APEI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as APEI's earnings are expected to grow with 52.84% in the coming years.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y73.74%
EPS Next 3Y52.84%
5. Dividend
5.1 Amount
No dividends for APEI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30.55
-0.09 (-0.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)
Earnings (Next)
Inst Owners96.46%
Inst Owner Change6.25%
Ins Owners3.98%
Ins Owner Change-16.52%
Market Cap552.04M
Analysts83.08
Price Target37.23 (21.87%)
Short Float %9.04%
Short Ratio5.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP29.63%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)123.5%
Min EPS beat(2)74.48%
Max EPS beat(2)172.52%
EPS beat(4)4
Avg EPS beat(4)77.28%
Min EPS beat(4)15.09%
Max EPS beat(4)172.52%
EPS beat(8)7
Avg EPS beat(8)36.65%
EPS beat(12)9
Avg EPS beat(12)-50.18%
EPS beat(16)12
Avg EPS beat(16)155.1%
Revenue beat(2)0
Avg Revenue beat(2)-0.56%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)-0.25%
Revenue beat(4)0
Avg Revenue beat(4)-1%
Min Revenue beat(4)-2.38%
Max Revenue beat(4)-0.25%
Revenue beat(8)0
Avg Revenue beat(8)-13.44%
Revenue beat(12)0
Avg Revenue beat(12)-9.62%
Revenue beat(16)1
Avg Revenue beat(16)-7%
PT rev (1m)7.35%
PT rev (3m)37.74%
EPS NQ rev (1m)-118.41%
EPS NQ rev (3m)-115.76%
EPS NY rev (1m)-15.82%
EPS NY rev (3m)-9.39%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.82 | ||
| Fwd PE | 14.06 | ||
| P/S | 0.86 | ||
| P/FCF | 10.99 | ||
| P/OCF | 8.18 | ||
| P/B | 2.03 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 7.14 |
EPS(TTM)1.06
EY3.47%
EPS(NY)2.17
Fwd EY7.11%
FCF(TTM)2.78
FCFY9.1%
OCF(TTM)3.73
OCFY12.22%
SpS35.67
BVpS15.07
TBVpS10.21
PEG (NY)0.46
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.61% | ||
| ROE | 7.12% | ||
| ROCE | 10.68% | ||
| ROIC | 7.08% | ||
| ROICexc | 11.65% | ||
| ROICexgc | 17.08% | ||
| OM | 7.53% | ||
| PM (TTM) | 3.01% | ||
| GM | 53.39% | ||
| FCFM | 7.79% |
ROA(3y)-8.83%
ROA(5y)-3.79%
ROE(3y)-15.94%
ROE(5y)-7.48%
ROIC(3y)3.11%
ROIC(5y)3.6%
ROICexc(3y)4.28%
ROICexc(5y)7.29%
ROICexgc(3y)5.95%
ROICexgc(5y)12.03%
ROCE(3y)4.69%
ROCE(5y)5.43%
ROICexcg growth 3Y-9.61%
ROICexcg growth 5Y-11.95%
ROICexc growth 3Y18.82%
ROICexc growth 5Y-11.02%
OM growth 3Y-6.39%
OM growth 5Y-3%
PM growth 3Y-27.64%
PM growth 5Y-14.35%
GM growth 3Y-3.61%
GM growth 5Y-2.87%
F-Score8
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.88 | ||
| Debt/EBITDA | 1.44 | ||
| Cap/Depr | 101.43% | ||
| Cap/Sales | 2.68% | ||
| Interest Coverage | 4.8 | ||
| Cash Conversion | 102.96% | ||
| Profit Quality | 259.2% | ||
| Current Ratio | 2.83 | ||
| Quick Ratio | 2.83 | ||
| Altman-Z | 3 |
F-Score8
WACC9.23%
ROIC/WACC0.77
Cap/Depr(3y)70.06%
Cap/Depr(5y)62.9%
Cap/Sales(3y)2.8%
Cap/Sales(5y)2.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.45%
EPS 3Y-10.67%
EPS 5Y-8.13%
EPS Q2Q%66.67%
EPS Next Y62.59%
EPS Next 2Y73.74%
EPS Next 3Y52.84%
EPS Next 5YN/A
Revenue 1Y (TTM)5.5%
Revenue growth 3Y14.25%
Revenue growth 5Y16.88%
Sales Q2Q%6.46%
Revenue Next Year5.47%
Revenue Next 2Y4.89%
Revenue Next 3Y5.07%
Revenue Next 5YN/A
EBIT growth 1Y32.47%
EBIT growth 3Y6.95%
EBIT growth 5Y13.38%
EBIT Next Year186.02%
EBIT Next 3Y55.73%
EBIT Next 5YN/A
FCF growth 1Y1621.67%
FCF growth 3Y84.29%
FCF growth 5Y-2.23%
OCF growth 1Y447.29%
OCF growth 3Y44.29%
OCF growth 5Y4.96%