Stock In Focus – TAM Stock Screener – Perdoceo Education Corp (NASDAQ: PRDO)

As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.

One of the cheapest stocks in our Stock Screeners is:

Perdoceo Education Corp (NASDAQ: PRDO)

Perdoceo Education Corp is an American for-profit education company that focuses on campus and online post-secondary programs. The company’s important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company’s revenue comes from the Colorado Technical University segment.

A quick look at the share price history (below) over the past twelve months shows that the price is down 5%. Here’s why the company is undervalued.

Summary

Market Cap: $793 Million

Enterprise Value: $339 Million

Operating Earnings

Operating Earnings: $149 Million

Acquirer’s Multiple

Acquirer’s Multiple: 2.30

Free Cash Flow (TTM)

Free Cash Flow: $181 Million

FCF/EV Yield

FCF/EV Yield: 22%

Other Indicators

Piotroski F-Score: 6

Altman Z-Score: 4.75

Beneish M-Score: -2.72

Shareholder Yield

Shareholder Yield: 3.1%