Added to YB: 2025-10-20
Pitch date: 2025-10-16
LGCY [neutral]
Legacy Education Inc.
+8.88%
current return
Author Info
Benevolus is a value investor that takes value wherever they can find it. Most of their positions are long microcap equities. Sign up for the newsletter.
Company Info
Legacy Education Inc. provides education services to students, high school graduates, and working parents in the United States.
Market Cap
$126.7M
Pitch Price
$9.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.00
P/E
18.07
EV/Sales
1.76
Sector
Diversified Consumer Services
Category
value
Legacy Education Appears Cheap, but Regulatory Risks are Too Significant Here, so I’ll Stay Away.
LGCY pass: For-profit college w/ allied health programs, attractive 0.35 PEG ratio & countercyclical demand. Red flags: 2 schools on temporary PPAs limiting growth, failed Title IV compliance ($18K penalty), growing TuitionFlex credit losses (10% vs 5% YoY), Nevada incorporation limits shareholder rights, ineffective financial controls.
Read full article (5 min)