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Fundamentals snapshot

Covista Inc.

CVSA · NYQ · Consumer Defensive · Education & Training Services

Current price

$126.50

52-week range

$86.97 - $152.12

Market cap

$4.28B

One-glance verdict

Undervalued

$370.14 our estimate vs market $126.50

Wall Street consensus: $158.75 (-57.1% lower than our fair-value estimate)

Balance sheet

Watch

9.95x Adequate

Net debt $499.18M. Interest coverage shows how many times profit covers the interest bill.

What this company does

Covista Inc.

Covista Inc. offers higher education programs in healthcare and other fields through its various universities, primarily generating its revenue from tuition fees. This means their financial success is tied to student enrollment and retention, and understanding their enrollment numbers is key to seeing how well they are doing.

Price history

How the share price has moved

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Earnings history

Last 8 quarters — what happened

Click any quarter to read the call summary and what the numbers say.

Free cash flow by quarter (oldest to newest)
FY2025 Q1 $78.90M FY2025 Q2 $-29.70M FY2025 Q3 $197.67M FY2025 Q4 $40.70M FY2026 Q1 $114.53M FY2026 Q2 $15.12M FY2026 Q3 $165.93M FY2026 Q4 $97.15M
Revenue $501.38M
Net income $71.72M
Diluted EPS 2.06
Operating cash flow $123.96M
Free cash flow $97.15M
Revenue $487.03M
Net income $41.64M
Diluted EPS 1.20
Operating cash flow $186.17M
Free cash flow $165.93M
Revenue $503.38M
Net income $76.38M
Diluted EPS 2.11
Operating cash flow $29.74M
Free cash flow $15.12M
Revenue $462.29M
Net income $61.83M
Diluted EPS 1.67
Operating cash flow $130.55M
Free cash flow $114.53M
Revenue $457.11M
Net income $54.21M
Diluted EPS 1.43
Operating cash flow $59.69M
Free cash flow $40.70M
Revenue $466.06M
Net income $60.83M
Diluted EPS 1.59
Operating cash flow $207.91M
Free cash flow $197.67M
Revenue $447.73M
Net income $75.86M
Diluted EPS 1.98
Operating cash flow $-19.02M
Free cash flow $-29.70M
Revenue $417.40M
Net income $46.16M
Diluted EPS 1.18
Operating cash flow $89.32M
Free cash flow $78.90M

Is it cheap or expensive?

Fair value $370.14 vs current price $126.50

Wall Street consensus is the average analyst price target: $158.75 (-57.1% lower than our fair-value estimate).

Our most-likely fair value is $370.14 a share — about 192.6% above today's price of $126.50, so the stock currently looks cheap (undervalued).

undervalued

We estimate the cash this business should generate over the next 10 years and beyond, then convert it to today's money for a fair value per share, in its trading currency. Cautious, middle and optimistic growth cases give a range. Not for banks/insurers.

Base

Growth 8.0% · Discount 7.2% · Terminal 3.0%

$370.14

Bear

Growth 5.0% · Discount 7.2% · Terminal 3.0%

$307.46

Bull

Growth 12.0% · Discount 7.2% · Terminal 3.0%

$471.14

Is it drowning in debt?

Watch

Net debt $499.2M. Interest coverage 10.0x.

Net debt $499.18M
Interest coverage 9.95x

Covista Inc.'s profit covers its interest bill about 10.0 times over. which is stronger than most peers shown here.

Watch
Worse cushion Baseline Better cushion
CVSA BASELINE Covista Inc.

Total debt $905.49M Interest coverage 9.95x This is the baseline the peer rows are being compared against.

9.95x
LOPE Grand Canyon Education, Inc.

Total debt $104.21M Interest coverage 75,830.25x +761,909% vs CVSA Carries about 7620.1x more debt cushion than CVSA.

75,830.25x +761,909% vs CVSA
LAUR Laureate Education, Inc.

Total debt $733.99M Interest coverage 40.44x +306% vs CVSA Carries about 4.1x more debt cushion than CVSA.

40.44x +306% vs CVSA
GHC Graham Holdings Company

Total debt $1.46B Interest coverage 2.08x -79% vs CVSA Carries about 4.8x less debt cushion than CVSA.

2.08x -79% vs CVSA

What you should know

The case for and against CVSA

3 Rewards 1 Risk

Rewards

  • Revenue grew 9.3% last year.
  • Returns 18.6% on equity, ahead of 33% of its peers.
  • Free cash flow was positive in 10/10 years.

Risks

  • Insider ownership is only 2.7% (peer median: 3.8%).

The numbers

All the key metrics, grouped by purpose

Tap any ? icon to learn what it means.

Valuation

How expensive the stock looks

P/E (TTM)
16.89x
Forward P/E
12.64x
P/B
2.98x
P/S
2.19x
EV/EBITDA
11.02x
PEG ratio
0.97x

Profitability

How much profit each dollar creates

Gross margin
57.3%
Operating margin
19.3%
Net margin
12.9%
ROE
18.6%
ROA
8.5%

Health

Liquidity and balance-sheet strength

Debt / equity
0.63x
Current ratio
1.09x
Quick ratio
0.96x
Total debt
$905.49M
Total cash
$406.32M

Growth

How the business has been compounding

Revenue TTM
$1.95B
Revenue 5Y CAGR
9.0%
EPS TTM
7.49
EPS 5Y CAGR
50.9%

Cash flow

How much cash the business throws off

Operating CF TTM
$470.42M
Free CF TTM
$392.73M
FCF margin
20.1%

Dividend

Shareholder payout

Yield
0.0%
Payout ratio
0.0%
Last ex-div date
2016-11-30