Added to YB: 2026-08-26
Pitch date: 2026-08-18
EDU.AX [neutral]
EDU Holdings Limited
-10.43%
current return
Author Info
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Company Info
EDU Holdings Limited, through its subsidiaries, provides tertiary education services in Australia. The company operates in two segments, Ikon and Australian Learning Group (ALG).
Market Cap
AUD 134.4M
Pitch Price
AUD 1.15
Price Target
N/A
Dividend
3.74%
EV/EBITDA
5.17
P/E
11.42
EV/Sales
1.59
Sector
Diversified Consumer Services
Category
growth
Monthly SpreadHunters Monitoring - EDU Holdings Limited
EDU.AX (update): Long thesis intact: market oversold EDU on Jan 2026 National Code change (banning agent commissions for onshore international transfers), but execution keeps accelerating. FY26 1H guidance: rev A$52.5-54.5M (+48% YoY), EBITDA A$16-17M (+51%), PBT ~A$13M (+57%); Ikon enrollments +57% and now ~80% of revenue. 47% ROE, 84% reinvestment, net cash A$24M after A$15.2M returned to holders. Company says it has adapted its recruitment model with immaterial demand impact. Key risk: Australian regulatory focus on international students; VET (ALG) softening. Next catalyst: audited 1H results ~27/08/2026.
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