$Perdoceo Education (PRDO.US)$ It is an American company tha...

It is an American company that listed on the stock market at US $16 in 1998. Its current price is 11.7 and has not increased for more than 20 years. In the past five years, the gross profit margin has risen from 76% to 84.3%. The rate of return on net assets has been more than 17% in the past four years, which is not bad.

Over the past five years, revenue has increased in the last three years, operating profit has increased for five consecutive years, and net profit has fallen sharply by 70.5% in 2017, followed by a decline of 11.77% in 2021 after three consecutive years of growth. The sharp drop in net profit in 2017 was mainly due to an income tax of 67 million, compared with an income tax return of 16.55 million the previous year. There are a large number of Bad debt every year, and the write-off has reached more than 40 million in recent years, which has a great impact on net profit, and the income tax has reached nearly 40 million.

2022Q1's revenue fell 0.37 per cent, while operating profit and net profit rose 5.6 per cent and 4.3 per cent, respectively.

Over the past five years, the asset-liability ratio has fallen from 33.75% to 19.6%, with no interest-bearing loans. The proportion of receivables is not high, with goodwill of 163 million accounting for 24% of net assets. There are 210 million of corporate bonds in short-term investments. I don't know what the chance of default is. It is not disclosed in the quarterly report. Overall, the quality of the balance sheet is very good.

Over the past five years, the net cash flow operation is much larger than the net investment, the surplus is good, and the current ratio has reached 5.

The current price-to-earnings ratio is 7.5and the price-to-book ratio is 1.18.You can choose (⭐️⭐️).