Financials American Public Education, Inc.

Equities

APEI

US02913V1035

Miscellaneous Educational Service Providers

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
14.29 USD +4.38% Intraday chart for American Public Education, Inc. +13.32% +48.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 421.8 451.4 416.3 232.2 171.6 250.9 -
Enterprise Value (EV) 1 219 223.7 416.3 232.2 171.6 250.9 250.9
P/E ratio 44.2 x 24.4 x 22.9 x -2.01 x -3.28 x 26.1 x 15.4 x
Yield - - - - - - -
Capitalization / Revenue 1.47 x 1.4 x 0.99 x 0.38 x 0.29 x 0.41 x 0.39 x
EV / Revenue 1.47 x 1.4 x 0.99 x 0.38 x 0.29 x 0.41 x 0.39 x
EV / EBITDA 10.8 x 11.7 x 6.43 x 4.09 x 2.88 x 4.17 x 3.59 x
EV / FCF 13.6 x 11.3 x 93.8 x 18.1 x 5.43 x 6.13 x -
FCF Yield 7.38% 8.84% 1.07% 5.52% 18.4% 16.3% -
Price to Book 1.31 x 1.47 x 1.01 x 0.66 x 0.58 x 0.87 x -
Nbr of stocks (in thousands) 15,398 14,809 18,709 18,893 17,784 17,558 -
Reference price 2 27.39 30.48 22.25 12.29 9.650 14.29 14.29
Announcement Date 3/10/20 3/9/21 3/2/22 3/14/23 3/5/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 286.3 321.8 418.8 606.3 600.5 614.1 636.9
EBITDA 1 39.06 38.59 64.71 56.73 59.59 60.23 69.97
EBIT 1 23.46 25.61 30.37 -137.3 -48.31 28.44 39.84
Operating Margin 8.2% 7.96% 7.25% -22.65% -8.04% 4.63% 6.25%
Earnings before Tax (EBT) 1 16.66 25.85 26.09 -151.2 -52.76 21.86 31.74
Net income 1 10.01 18.82 17.75 -115 -53.29 10.95 15.6
Net margin 3.5% 5.85% 4.24% -18.97% -8.87% 1.78% 2.45%
EPS 2 0.6200 1.250 0.9700 -6.100 -2.940 0.5467 0.9300
Free Cash Flow 1 31.12 39.88 4.437 12.83 31.62 40.9 -
FCF margin 10.87% 12.39% 1.06% 2.12% 5.27% 6.66% -
FCF Conversion (EBITDA) 79.66% 103.35% 6.86% 22.61% 53.06% 67.9% -
FCF Conversion (Net income) 310.75% 211.9% 24.99% - - 373.52% -
Dividend per Share - - - - - - -
Announcement Date 3/10/20 3/9/21 3/2/22 3/14/23 3/5/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 98.25 154 154.7 149.6 149.5 152.4 149.7 147.2 150.8 152.8 152.4 150.1 155.1 156.6 -
EBITDA 1 9.081 29.34 17.4 14.54 9.46 15.4 7.014 8.785 18.1 25.69 8.967 11.53 16.81 23 11.3
EBIT 1 1.262 16.5 5.2 -141.3 -1.026 -0.262 -5.37 -65.27 6.4 15.93 -0.8112 3.79 9.438 16.03 -
Operating Margin 1.28% 10.71% 3.36% -94.42% -0.69% -0.17% -3.59% -44.34% 4.24% 10.43% -0.53% 2.53% 6.09% 10.24% -
Earnings before Tax (EBT) 1 -0.043 13.39 6.378 -145.4 -4.62 -7.651 -7.149 -66.36 5.608 15.14 -2.406 2.408 7.328 14.53 -
Net income 1 -0.267 9.381 5.333 -110 -3.762 -6.583 -7.197 -52.72 -4.853 11.48 -3.05 0.85 4.05 9.15 -
Net margin -0.27% 6.09% 3.45% -73.54% -2.52% -4.32% -4.81% -35.81% -3.22% 7.51% -2% 0.57% 2.61% 5.84% -
EPS 2 -0.0100 0.5000 0.2800 -5.830 -0.2000 -0.3500 -0.3800 -2.930 -0.2700 0.6400 -0.1833 0.0167 0.2133 0.5033 -0.0200
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/8/21 3/2/22 5/10/22 8/9/22 11/8/22 3/14/23 5/9/23 8/8/23 11/7/23 3/5/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position 203 228 - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 31.1 39.9 4.44 12.8 31.6 40.9 -
ROE (net income / shareholders' equity) 3.24% 6.24% - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 20.90 20.70 22.00 18.50 16.60 16.50 -
Cash Flow per Share 2.360 2.980 - - - - -
Capex 1 7.26 4.93 11.8 16.4 13.9 18 -
Capex / Sales 2.53% 1.53% 2.82% 2.7% 2.31% 2.93% -
Announcement Date 3/10/20 3/9/21 3/2/22 3/14/23 3/5/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
14.29 USD
Average target price
15.67 USD
Spread / Average Target
+9.63%
Consensus
  1. Stock Market
  2. Equities
  3. APEI Stock
  4. Financials American Public Education, Inc.