New Oriental Education & Technology Group Inc
NYSE:EDU

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New Oriental Education & Technology Group Inc Logo
New Oriental Education & Technology Group Inc
NYSE:EDU
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Price: 63.88 USD
Market Cap: 10.4B USD
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Gross Margin
New Oriental Education & Technology Group Inc

52.8%
Current
50%
Average
46.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.8%
=
Gross Profit
2.5B
/
Revenue
4.6B

Gross Margin Across Competitors

Country CN
Market Cap 10.4B USD
Gross Margin
53%
Country ZA
Market Cap 17.7B Zac
Gross Margin
0%
Country US
Market Cap 15B USD
Gross Margin
73%
Country ZA
Market Cap 7.8B Zac
Gross Margin
0%
Country US
Market Cap 6.4B USD
Gross Margin
23%
Country CN
Market Cap 6B USD
Gross Margin
54%
Country ZA
Market Cap 5.8B Zac
Gross Margin
0%
Country US
Market Cap 4.8B USD
Gross Margin
53%
Country US
Market Cap 4.7B USD
Gross Margin
59%
Country US
Market Cap 4.6B USD
Gross Margin
38%
Country US
Market Cap 3.9B USD
Gross Margin
30%
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New Oriental Education & Technology Group Inc
Glance View

Market Cap
10.4B USD
Industry
Diversified Consumer Services

In the bustling world of Chinese education, New Oriental Education & Technology Group Inc. emerges as a towering presence with humble beginnings. Founded in 1993 by the visionary educator Michael Minhong Yu, the company started as a modest English-language tutoring service in Beijing. Its mission was simple: to help Chinese students expand their horizons by mastering the English language and preparing for study abroad. Early successes fueled the rapid expansion of the company's service offerings, which now span a broad spectrum of educational programs such as test preparation for exams like the GRE, GMAT, and SAT, as well as language training and K-12 after-school tutoring. This comprehensive suite of services is delivered both through an extensive network of physical learning centers and increasingly popular online platforms, demonstrating the company's adaptability to modern educational trends and needs. The engine driving New Oriental's growth lies in its multi-pronged revenue model, which capitalizes on the growing demand for quality education in China. The lion's share of income is generated from tuition fees, reflecting the value placed on its educational programs' quality and results. Additionally, New Oriental's strategic investments in digital learning platforms have attracted a new wave of tech-savvy students and their families, seeking flexible and personalized education solutions. By leveraging its well-established brand, the company has expanded into complementary products like textbooks and other educational materials, further solidifying its market position. New Oriental's revenue streams are a testament to its resilience and ability to adapt to changing educational landscapes while maintaining a steadfast commitment to helping students achieve their ambitions.

EDU Intrinsic Value
82.81 USD
Undervaluation 23%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.8%
=
Gross Profit
2.5B
/
Revenue
4.6B
What is the Gross Margin of New Oriental Education & Technology Group Inc?

Based on New Oriental Education & Technology Group Inc's most recent financial statements, the company has Gross Margin of 52.8%.