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Evolve Education Group Ltd
NZX:EVO

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Evolve Education Group Ltd
NZX:EVO
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Price: 0.6 NZD
Market Cap: NZ$95.7m

EV/IC

0.9
Current
21%
Cheaper
vs 3-y average of 1.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
NZ$181.6m
/
Invested Capital
NZ$223.3m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
NZ$181.6m
/
Invested Capital
NZ$223.3m

Valuation Scenarios

Evolve Education Group Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.1), the stock would be worth NZ$0.76 (26% upside from current price).

Statistics
Positive Scenarios
3/3
Maximum Downside
No Downside Scenarios
Maximum Upside
+34%
Average Upside
28%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.9 NZ$0.6
0%
3-Year Average 1.1 NZ$0.76
+26%
5-Year Average 1.1 NZ$0.74
+24%
Country Average 1.2 NZ$0.8
+34%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in New Zealand
Percentile
40th
Based on 232 companies
40th percentile
1
Low
0.2 — 0.9
Typical Range
0.9 — 1.8
High
1.8 —
Distribution Statistics
New Zealand
Min 0.2
30th Percentile 0.9
Median 1.2
70th Percentile 1.8
Max 24.1

Evolve Education Group Ltd
Glance View

Evolve Education Group Ltd. engages in the provision of early childhood education (ECE) services. The firm's segments include ECE Centres and Home-based ECE. Its ECE Centres segment provides purpose built facilities that offer all day or part-day early childhood services. The Home-based ECE segment offers educator providing services to a small group of children in a home setting and is supported by a registered teacher coordinator overseeing the children's learning progress. Its other operations include ECE Centre Management, whereby the Company provides management and back-office expertise to early childhood education centers but it does not own the center. The firm operates over 100 ECE centers across the nation under a number of ECE brands, including Lollipops Educare and Leaps & Bounds. Its subsidiaries include Au Pair Link Limited, Porse Franchising (NZ) Limited and Porse Education & Training (NZ) Limited.

EVO Intrinsic Value
1.3 NZD
Undervaluation 54%
Intrinsic Value
Price NZ$0.6
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