AMERICAN PUBLIC EDUCATION (APEI) Stock Fundamental Analysis

NASDAQ:APEI • US02913V1035

44.51 USD
+0.21 (+0.47%)
Last: Feb 18, 2026, 11:29 AM
Fundamental Rating

6

APEI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 75 industry peers in the Diversified Consumer Services industry. While APEI has a great health rating, its profitability is only average at the moment. APEI is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year APEI was profitable.
  • APEI had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: APEI reported negative net income in multiple years.
  • APEI had a positive operating cash flow in each of the past 5 years.
APEI Yearly Net Income VS EBIT VS OCF VS FCFAPEI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M

1.2 Ratios

  • With a decent Return On Assets value of 4.61%, APEI is doing good in the industry, outperforming 64.00% of the companies in the same industry.
  • APEI has a Return On Equity of 8.66%. This is in the better half of the industry: APEI outperforms 64.00% of its industry peers.
  • APEI has a Return On Invested Capital of 8.88%. This is in the better half of the industry: APEI outperforms 78.67% of its industry peers.
  • APEI had an Average Return On Invested Capital over the past 3 years of 3.11%. This is significantly below the industry average of 10.88%.
  • The last Return On Invested Capital (8.88%) for APEI is above the 3 year average (3.11%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.61%
ROE 8.66%
ROIC 8.88%
ROA(3y)-8.83%
ROA(5y)-3.79%
ROE(3y)-15.94%
ROE(5y)-7.48%
ROIC(3y)3.11%
ROIC(5y)3.6%
APEI Yearly ROA, ROE, ROICAPEI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

  • APEI has a Profit Margin of 3.70%. This is comparable to the rest of the industry: APEI outperforms 58.67% of its industry peers.
  • In the last couple of years the Profit Margin of APEI has declined.
  • Looking at the Operating Margin, with a value of 8.88%, APEI is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of APEI has declined.
  • The Gross Margin of APEI (54.22%) is better than 66.67% of its industry peers.
  • APEI's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 8.88%
PM (TTM) 3.7%
GM 54.22%
OM growth 3Y-6.39%
OM growth 5Y-3%
PM growth 3Y-27.64%
PM growth 5Y-14.35%
GM growth 3Y-3.61%
GM growth 5Y-2.87%
APEI Yearly Profit, Operating, Gross MarginsAPEI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

8

2. Health

2.1 Basic Checks

  • APEI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • APEI has more shares outstanding than it did 1 year ago.
  • APEI has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, APEI has an improved debt to assets ratio.
APEI Yearly Shares OutstandingAPEI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
APEI Yearly Total Debt VS Total AssetsAPEI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 3.87 indicates that APEI is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of APEI (3.87) is better than 82.67% of its industry peers.
  • APEI has a debt to FCF ratio of 1.58. This is a very positive value and a sign of high solvency as it would only need 1.58 years to pay back of all of its debts.
  • APEI's Debt to FCF ratio of 1.58 is amongst the best of the industry. APEI outperforms 84.00% of its industry peers.
  • APEI has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.34, APEI perfoms like the industry average, outperforming 52.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 1.58
Altman-Z 3.87
ROIC/WACC1.02
WACC8.72%
APEI Yearly LT Debt VS Equity VS FCFAPEI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.3 Liquidity

  • APEI has a Current Ratio of 2.84. This indicates that APEI is financially healthy and has no problem in meeting its short term obligations.
  • APEI has a better Current ratio (2.84) than 86.67% of its industry peers.
  • APEI has a Quick Ratio of 2.84. This indicates that APEI is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 2.84, APEI belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.84
Quick Ratio 2.84
APEI Yearly Current Assets VS Current LiabilitesAPEI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

5

3. Growth

3.1 Past

  • APEI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 116.44%, which is quite impressive.
  • APEI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.13% yearly.
  • Looking at the last year, APEI shows a small growth in Revenue. The Revenue has grown by 6.75% in the last year.
  • Measured over the past years, APEI shows a quite strong growth in Revenue. The Revenue has been growing by 16.88% on average per year.
EPS 1Y (TTM)116.44%
EPS 3Y-10.67%
EPS 5Y-8.13%
EPS Q2Q%1300%
Revenue 1Y (TTM)6.75%
Revenue growth 3Y14.25%
Revenue growth 5Y16.88%
Sales Q2Q%6.59%

3.2 Future

  • APEI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 60.25% yearly.
  • The Revenue is expected to grow by 5.46% on average over the next years.
EPS Next Y51.55%
EPS Next 2Y76.09%
EPS Next 3Y60.25%
EPS Next 5YN/A
Revenue Next Year3.2%
Revenue Next 2Y4.97%
Revenue Next 3Y5.46%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
APEI Yearly Revenue VS EstimatesAPEI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
APEI Yearly EPS VS EstimatesAPEI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 -4 -6

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 28.17, APEI can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of APEI is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 27.16, APEI is valued at the same level.
  • APEI is valuated rather expensively with a Price/Forward Earnings ratio of 19.94.
  • 62.67% of the companies in the same industry are more expensive than APEI, based on the Price/Forward Earnings ratio.
  • APEI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.10.
Industry RankSector Rank
PE 28.17
Fwd PE 19.94
APEI Price Earnings VS Forward Price EarningsAPEI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, APEI is valued a bit cheaper than the industry average as 69.33% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, APEI is valued a bit cheaper than the industry average as 77.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 13.43
EV/EBITDA 9.47
APEI Per share dataAPEI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • APEI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • APEI's earnings are expected to grow with 60.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y76.09%
EPS Next 3Y60.25%

0

5. Dividend

5.1 Amount

  • No dividends for APEI!.
Industry RankSector Rank
Dividend Yield 0%

AMERICAN PUBLIC EDUCATION

NASDAQ:APEI (2/18/2026, 11:29:39 AM)

44.51

+0.21 (+0.47%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)11-10
Earnings (Next)03-10
Inst Owners114.94%
Inst Owner Change-0.09%
Ins Owners3.6%
Ins Owner Change-0.13%
Market Cap805.19M
Revenue(TTM)654.64M
Net Income(TTM)24.20M
Analysts82.86
Price Target44.73 (0.49%)
Short Float %9.96%
Short Ratio7.11
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP17.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)384.01%
Min EPS beat(2)74.48%
Max EPS beat(2)693.54%
EPS beat(4)4
Avg EPS beat(4)238.91%
Min EPS beat(4)15.09%
Max EPS beat(4)693.54%
EPS beat(8)7
Avg EPS beat(8)101.44%
EPS beat(12)9
Avg EPS beat(12)5.82%
EPS beat(16)13
Avg EPS beat(16)209.8%
Revenue beat(2)0
Avg Revenue beat(2)-0.62%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)-0.37%
Revenue beat(4)0
Avg Revenue beat(4)-0.5%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)-0.25%
Revenue beat(8)0
Avg Revenue beat(8)-13.38%
Revenue beat(12)0
Avg Revenue beat(12)-9.64%
Revenue beat(16)0
Avg Revenue beat(16)-7.72%
PT rev (1m)6.97%
PT rev (3m)13.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40.51%
EPS NY rev (1m)0%
EPS NY rev (3m)7.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.96%
Valuation
Industry RankSector Rank
PE 28.17
Fwd PE 19.94
P/S 1.23
P/FCF 13.43
P/OCF 10.72
P/B 2.88
P/tB 4.2
EV/EBITDA 9.47
EPS(TTM)1.58
EY3.55%
EPS(NY)2.23
Fwd EY5.02%
FCF(TTM)3.31
FCFY7.45%
OCF(TTM)4.15
OCFY9.33%
SpS36.19
BVpS15.44
TBVpS10.59
PEG (NY)0.55
PEG (5Y)N/A
Graham Number23.43
Profitability
Industry RankSector Rank
ROA 4.61%
ROE 8.66%
ROCE 13.39%
ROIC 8.88%
ROICexc 16.13%
ROICexgc 25.5%
OM 8.88%
PM (TTM) 3.7%
GM 54.22%
FCFM 9.16%
ROA(3y)-8.83%
ROA(5y)-3.79%
ROE(3y)-15.94%
ROE(5y)-7.48%
ROIC(3y)3.11%
ROIC(5y)3.6%
ROICexc(3y)4.28%
ROICexc(5y)7.29%
ROICexgc(3y)5.95%
ROICexgc(5y)12.03%
ROCE(3y)4.69%
ROCE(5y)5.43%
ROICexgc growth 3Y-9.61%
ROICexgc growth 5Y-11.95%
ROICexc growth 3Y18.82%
ROICexc growth 5Y-11.02%
OM growth 3Y-6.39%
OM growth 5Y-3%
PM growth 3Y-27.64%
PM growth 5Y-14.35%
GM growth 3Y-3.61%
GM growth 5Y-2.87%
F-Score8
Asset Turnover1.25
Health
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 1.58
Debt/EBITDA 1.28
Cap/Depr 95.35%
Cap/Sales 2.31%
Interest Coverage 5.92
Cash Conversion 101.51%
Profit Quality 247.77%
Current Ratio 2.84
Quick Ratio 2.84
Altman-Z 3.87
F-Score8
WACC8.72%
ROIC/WACC1.02
Cap/Depr(3y)70.06%
Cap/Depr(5y)62.9%
Cap/Sales(3y)2.8%
Cap/Sales(5y)2.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)116.44%
EPS 3Y-10.67%
EPS 5Y-8.13%
EPS Q2Q%1300%
EPS Next Y51.55%
EPS Next 2Y76.09%
EPS Next 3Y60.25%
EPS Next 5YN/A
Revenue 1Y (TTM)6.75%
Revenue growth 3Y14.25%
Revenue growth 5Y16.88%
Sales Q2Q%6.59%
Revenue Next Year3.2%
Revenue Next 2Y4.97%
Revenue Next 3Y5.46%
Revenue Next 5YN/A
EBIT growth 1Y69.04%
EBIT growth 3Y6.95%
EBIT growth 5Y13.38%
EBIT Next Year171.67%
EBIT Next 3Y55.67%
EBIT Next 5YN/A
FCF growth 1Y463.58%
FCF growth 3Y84.29%
FCF growth 5Y-2.23%
OCF growth 1Y193.08%
OCF growth 3Y44.29%
OCF growth 5Y4.96%

AMERICAN PUBLIC EDUCATION / APEI FAQ

What is the ChartMill fundamental rating of AMERICAN PUBLIC EDUCATION (APEI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to APEI.


Can you provide the valuation status for AMERICAN PUBLIC EDUCATION?

ChartMill assigns a valuation rating of 5 / 10 to AMERICAN PUBLIC EDUCATION (APEI). This can be considered as Fairly Valued.


Can you provide the profitability details for AMERICAN PUBLIC EDUCATION?

AMERICAN PUBLIC EDUCATION (APEI) has a profitability rating of 5 / 10.


What is the financial health of AMERICAN PUBLIC EDUCATION (APEI) stock?

The financial health rating of AMERICAN PUBLIC EDUCATION (APEI) is 8 / 10.


What is the expected EPS growth for AMERICAN PUBLIC EDUCATION (APEI) stock?

The Earnings per Share (EPS) of AMERICAN PUBLIC EDUCATION (APEI) is expected to grow by 51.55% in the next year.