Four Seasons Education (Cayman) Inc. (FEDU) stock analysis
Close on Nov 11, 2026Market cap $17.28MP/E 3.8Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak8 of 30 checks passed
Four Seasons Education (Cayman) passes 8 of the 30 checks behind our score; 18 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 3/6
- Financial health
- 3/6
- Dividend
- 0/6
What stands out
Low debt
Debt is 19.0% of shareholders' equity, under the 40% we consider low.
Revenue growing 10%+ a year
Revenue grew 95.2% a year over the last three fiscal years.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 33.4% of total debt.
Gross margin improving
Gross margin was 25.8% over the last twelve months, against 18.8% a year earlier.
What to watch
Return on equity under 15%
Return on equity was 6.6% over the last twelve months and averaged -4.1% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.8%, below the 10% that usually covers the cost of capital.
Growing slower than the industry
Revenue grew 1.3% over the last twelve months; the Services-educational services median is 2.7%.
No dividend
Four Seasons Education (Cayman) has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 95.2% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew 1.3% over the last twelve months; the Services-educational services median is 2.7%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin improving
Gross margin was 25.8% over the last twelve months, against 18.8% a year earlier.
Past performance3/6
Return on equity under 15%
Return on equity was 6.6% over the last twelve months and averaged -4.1% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.8%, below the 10% that usually covers the cost of capital.
Return on equity above the industry
Four Seasons Education (Cayman)'s return on equity of 6.6% is above the Services-educational services median of 0.6%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 12.1% over the last twelve months, against a 5-year average of -23.1%.
Net margin above the industry
Four Seasons Education (Cayman)'s net margin of 12.1% is above the Services-educational services median of -3.7%.
Financial health3/6
Low debt
Debt is 19.0% of shareholders' equity, under the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 33.4% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.85 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Four Seasons Education (Cayman) has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Four Seasons Education (Cayman). It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $82.27K
- Value traded per 1% price move
- $1.46K
Downside
High risk
- Typical loss in a bad month
- 28.9%
- Volatility (annualized)
- 83%
- Sharpe ratio, 1 year
- -0.62
- Beta to the S&P 500 (5Y)
- 0.67
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2015 to 2026
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.3% | +95.2% | -1.9% | +10.5% | |
| Gross profit | +39.3% | +66.2% | -10.0% | +5.4% | |
| Operating income | – | – | – | +0.7% | |
| Net income | +3743.6% | – | – | – | |
| EPS, diluted | +3250.0% | – | – | – | |
| Free cash flow | – | – | +2.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -4.6% | 6.6% | |
| Return on assets | – | -2.8% | 4.2% | |
| Current ratio | 2.27 | 2.28 | 1.85 | |
| Debt to equity | – | – | 0.19 | |
| Capex to revenue | 3.3% | 3.7% | 2.5% | |
| Diluted shares | 14M | 23M | 23M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Four Seasons Education (Cayman) generated CN¥183.40M from operations and spent CN¥173.54M on capital expenditure, dividends and share buybacks. 80% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 12.1% | 0.35× | 1.58× | 6.6% |
| FY2025 | 0.3% | 0.36× | 1.51× | 0.2% |
| FY2024 | 4.0% | 0.20× | 1.37× | 1.1% |
| FY2023 | -86.7% | 0.06× | 1.33× | -6.6% |
| FY2022 | -45.3% | 0.32× | 1.52× | -21.9% |
| FY2021 | -10.1% | 0.28× | 1.64× | -4.6% |
| FY2020 | -28.1% | 0.40× | 1.47× | -16.3% |
| FY2019 | -0.2% | 0.39× | 1.26× | -0.1% |
| FY2018 | 14.8% | 0.55× | 1.67× | 13.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zeroCN¥30.79M
- Cash generatingOperating cash flow above zeroCN¥30.03M
- Return on assets improvedROA up on the prior year0.1% → 4.2%
- Earnings backed by cashOperating cash flow above net incomeCN¥30.03M vs CN¥30.79M
- Less leverageLong-term debt to assets fell11.2% → 11.0%
- Better liquidityCurrent ratio rose2.19 → 1.85
- No dilutionShare count did not rise22M → 23M
- Gross margin improvedGross margin up on the prior year18.77% → 25.80%
- More efficientAsset turnover rose0.37 → 0.35
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