TAL Education Group
NYSE:TAL
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (15.7), the stock would be worth $9.78 (18% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 19.2 | $11.96 |
0%
|
| 3-Year Average | 15.7 | $9.78 |
-18%
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| 5-Year Average | 0.1 | $0.09 |
-99%
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| Industry Average | 9.3 | $5.8 |
-51%
|
| Country Average | 28.8 | $17.91 |
+50%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
$3B
|
/ |
Dec 2025
$187.6m
|
= |
|
|
$3B
|
/ |
Mar 2026
$355.8m
|
= |
|
|
$3B
|
/ |
Mar 2027
$490.2m
|
= |
|
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$3B
|
/ |
Mar 2028
$626.2m
|
= |
|
|
$3B
|
/ |
Feb 2029
$552.5m
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= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
TAL Education Group
NYSE:TAL
|
7.2B USD | 19.2 | 25.9 | |
| ZA |
A
|
Advtech Ltd
JSE:ADH
|
24B ZAR | 10.4 | 18.6 | |
| ZA |
S
|
Stadio Holdings Ltd
JSE:SDO
|
10.3B ZAR | 17.1 | 31.3 | |
| CN |
|
New Oriental Education & Technology Group Inc
NYSE:EDU
|
9B USD | 8.3 | 23.6 | |
| ZA |
C
|
Curro Holdings Ltd
JSE:COH
|
8.1B ZAR | 12.3 | 402.5 | |
| US |
|
Graham Holdings Co
NYSE:GHC
|
5B USD | 11.7 | 17.1 | |
| US |
|
Duolingo Inc
NASDAQ:DUOL
|
4.8B USD | 23.4 | 11.6 | |
| US |
|
Laureate Education Inc
NASDAQ:LAUR
|
4.8B USD | 9 | 16.9 | |
| US |
|
Grand Canyon Education Inc
NASDAQ:LOPE
|
4.8B USD | 12.5 | 21.9 | |
| US |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
4.7B USD | 13.4 | 24.6 | |
| US |
|
PowerSchool Holdings Inc
NYSE:PWSC
|
4.7B USD | 36.4 | -83.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 16.3 |
| Median | 28.8 |
| 70th Percentile | 53.1 |
| Max | 49 021 |
Other Multiples
TAL Education Group
Glance View
TAL Education Group, founded in 2003 and headquartered in Beijing, has experienced a dynamic journey from its humble beginnings to becoming one of the most recognized names in China’s education sector. Established by Zhang Bangxin, TAL initially emerged with the mission to provide supplementary education services to K-12 students. The company quickly capitalized on the heightened demand among Chinese families for additional academic support, driven by the significant pressure on students to excel in exams. TAL’s core offerings include small-class tutoring, personalized premium services, and online educational content, tailored to cater to the diverse needs of its student base. With a robust framework that combines innovative teaching methods and technology, TAL aimed to enhance student engagement and learning outcomes. The company's revenue model is primarily anchored in tuition fees collected from these various educational programs, supported by its extensive network of learning centers across China. Over the years, TAL has adeptly leveraged digital transformation trends by expanding its online platforms to reach a broader audience, a pivot that proved particularly prescient during times when physical attendance was restricted. As China's regulatory landscape continues to evolve, TAL has faced challenges that prompted strategic adjustments, such as diversifying its offerings and focusing on quality, innovation, and compliance. Through a blend of adaptive strategies and a keen understanding of the Chinese education market, TAL Education Group has maintained its relevance and continues to navigate the complexities of operating in a highly competitive and regulated environment.