New Oriental Education & Technology Group Inc.
Rank #177Capital ReturnEDU · NYSE · Consumer Defensive
New Oriental Education & Technology Group Inc. (EDU) — Rank #177 by gross profitability (GP/assets 0.35) · ROE 10.2% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0001372920 · all metrics point-in-time as of the filing date.
About
New Oriental Education & Technology Group Inc. engages in the provision of private educational services under the New Oriental brand in the People's Republic of China.
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The company operates through four segments: Educational Services and Test Preparation Courses; Private Label Products and Livestreaming E-Commerce; Overseas Study Consulting Services; and Educational Materials and Distribution. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. It also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, the company offers online education services through the Koolearn.com platform. Further, it develops and edits educational materials for language training and test preparation. In addition, the company offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. New Oriental Education & Technology Group Inc.
was founded in 1993 and is headquartered in Beijing, the People's Republic of China.
- Industry
- Education & Training Services
- Sector
- Consumer Defensive
- State
- E9
- Filer Category
- Large accelerated filer
- Fiscal Year End
- May 31
- Website
- neworiental.org
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$9.38B
P/E (annual)
—
P/S (annual)
1.9
P/B
2.6
P/OCF (annual)
10.5
Shareholder Yield
3.3%
Employees
—
Industry
Education & Training Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 3/5 Terry Smith thresholdsWhat Growth Is Priced In
Implied revenue growth (10Y)
34.8%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -2.3% — per-share value needs a total required return of 32.5% once share-count change is priced in.
vs. own 6-year median revenue growth: 14.6%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
29.0%
r = 10% (base)
34.8%
r = 12%
39.8%
Net debt / market cap: -2.2%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.35
Primary signal (Novy-Marx).
5th of 8 SIC 8200 peers
Return on equity
10.2%
Gross margin
55.4%
2nd of 8 SIC 8200 peers
Revenue growth (YoY)
13.6%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
16.4%
Revenue CAGR (5Y)
6.5%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.97
4th of 8 SIC 8200 peers (best = lowest)
Current ratio
1.58×
5th of 8 SIC 8200 peers
Quick ratio
0.50×
Net cash
$2.00B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$654.65M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.76
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.2%
Stock-based comp intensity.
Dividend safety
Composite score
3.5 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.
Lifecycle Phase History
Lynch sell alert: Fast grower deceleration
Revenue growth decelerated to 13.6% after being classified hypergrowth as of 2024-05-31 -- Lynch's fast-grower rule: sell once growth slows below the pace that justified the label, not on price weakness.