Latest Ratios: P/E Ratio 9.2x · EV/EBITDA 4.9x · ROE 45.5%. (2023–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Market Cap | $1.2B | — | — | — |
| Enterprise Value | $1.2B | — | — | — |
| P/E Ratio → | 9.22 | — | — | — |
| P/S Ratio | 1.23 | — | — | — |
| P/B Ratio | 5.15 | — | — | — |
| P/FCF | 19.12 | — | — | — |
| P/OCF | 14.20 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| EV / Revenue | — | — | — | — |
| EV / EBITDA | 4.90 | — | — | — |
| EV / EBIT | 5.39 | — | — | — |
| EV / FCF | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Gross Margin | 56.7% | 56.7% | 57.5% | 54.6% |
| Operating Margin | 21.7% | 21.7% | 21.3% | 15.2% |
| Net Profit Margin | 13.3% | 13.3% | 11.9% | 7.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | 45.5% | 45.5% | 34.7% | 21.4% |
| ROA | 22.5% | 22.5% | 16.4% | 9.5% |
| ROIC | 104.9% | 104.9% | 102.1% | 59.2% |
| ROCE | 56.3% | 56.3% | 47.3% | 31.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | 0.31 | 0.31 | 0.24 | 0.32 |
| Debt / EBITDA | 0.30 | 0.30 | 0.38 | 0.65 |
| Net Debt / Equity | — | -0.26 | -0.61 | -0.47 |
| Net Debt / EBITDA | -0.26 | -0.26 | -0.96 | -0.94 |
| Debt / FCF | — | -0.97 | -1.52 | -1.58 |
| Interest Coverage | 380.39 | 380.39 | 175.21 | 50.54 |
Net cash position: cash ($137M) exceeds total debt ($73M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | 1.64 | 1.64 | 1.76 | 1.47 |
| Quick Ratio | 1.64 | 1.64 | 1.76 | 1.47 |
| Cash Ratio | 0.90 | 0.90 | 1.25 | 0.92 |
| Asset Turnover | — | 2.04 | 1.37 | 1.22 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | 21.37 | 19.69 | 20.05 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Dividend Yield | 17.4% | — | — | — |
| Payout Ratio | 160.1% | 160.1% | 61.8% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | 10.8% | — | — | — |
| FCF Yield | 5.2% | — | — | — |
| Buyback Yield | 17.3% | — | — | — |
| Total Shareholder Yield | 34.6% | — | — | — |
| Shares Outstanding | — | $36M | $36M | $36M |
Regulatory Title IV dependency
According to current market data, PXED trades at a trailing P/E of 8.81, which significantly lags the peer group average, suggesting that investors are heavily discounting the stock due to persistent regulatory risks and the ongoing contraction in student enrollment volumes across its core degree programs.
The forward P/E of 7.52 implies that the market expects further earnings degradation rather than a recovery, contrasting sharply with the higher multiples afforded to peers like LOPE and LAUR. This valuation gap appears structural, as the market likely views PXED's reliance on federal funding as a permanent ceiling on its growth potential.
Based on reported financial figures, PXED's ROIC has experienced extreme volatility, dropping from a peak of 37.1% in 2024Q4 to 9.8% in 2026Q2, which indicates that the company is struggling to maintain efficient returns on its invested capital as its operational scale continues to shrink.
The sharp decline in ROIC suggests that the company's historical competitive advantages are eroding, likely due to increased marketing costs required to sustain enrollment. Investors should monitor whether this trend represents a permanent decay in the business model's ability to generate excess returns or merely a temporary adjustment to a smaller, more focused operational footprint.
As reported in recent filings, PXED's asset turnover ratio has remained suppressed at 0.41 in 2026Q2, signaling that the company is failing to generate sufficient revenue from its existing asset base compared to historical levels and industry peers who maintain more optimized digital delivery models.
The erratic nature of the cash conversion cycle, coupled with fluctuating DSO figures, suggests that management is struggling to align student payment cycles with operational expenses. This inefficiency appears to be a primary driver of the company's inconsistent cash flow generation, warranting further investigation into the effectiveness of their current student acquisition and retention strategies.
The P/E ratio is frequently misapplied to PXED, as it fails to account for the massive, non-recurring impact of stock-based compensation and regulatory-related write-downs that distort net income, making the EV/EBITDA metric a far more reliable indicator of the company's true operational earning power.
By focusing on P/E, analysts ignore the significant cash-flow-to-earnings disconnect caused by the company's aggressive capital allocation and accounting adjustments. A shift toward EV/EBITDA or FCF-based valuation would provide a clearer picture of the company's ability to sustain operations without relying on external financing or further balance sheet contraction.
Includes 30+ ratios · 3 years · Updated daily
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Quick answers to the most common questions about buying PXED stock.
Phoenix Education Partners, Inc's current P/E ratio is 9.2x. This places it at the 50th percentile of its historical range.
Phoenix Education Partners, Inc's current EV/EBITDA is 4.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Phoenix Education Partners, Inc's return on equity (ROE) is 45.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 33.9%.
Based on historical data, Phoenix Education Partners, Inc is trading at a P/E of 9.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Phoenix Education Partners, Inc's current dividend yield is 17.35% with a payout ratio of 160.1%.
Phoenix Education Partners, Inc has 56.7% gross margin and 21.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Phoenix Education Partners, Inc's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.