Coursera, Inc. (COUR) vs Lincoln Educational Services Corporation (LINC)

Coursera, Inc. and Lincoln Educational Services Corporation are both Education & Training Services companies. Coursera, Inc. is the larger, with a market value of $1.3B against $757.5M — 1.8× the size. Coursera, Inc. has negative trailing earnings, so its P/E is not meaningful; Lincoln Educational Services Corporation trades at 30.8×. Coursera, Inc. grew revenue faster over the last twelve months: 22.7% against 22.0%. Lincoln Educational Services Corporation has the higher net margin (3.99% vs −15.4%) and the higher return on invested capital (9.83% vs −53.4%). Across the 20 metrics below, Lincoln Educational Services Corporation leads on 13 and Coursera, Inc. on 7.

Valuation

Metric COUR LINC Education & Training Services median
P/E n/m 30.77 11.19
P/S 1.33 1.23 0.92
P/B 1.01 3.47 1.63
Price to free cash flow 111.20 28.67 9.62
EV/EBITDA n/m 11.59 7.02
EV/Sales 0.22 1.25 0.82
Earnings yield (13.27%) 3.25% 3.17%
Free cash flow yield 0.90% 3.49% 2.30%

Profitability

Metric COUR LINC Education & Training Services median
Gross margin 55.88% 59.84% 54.64%
Operating margin (17.83%) 5.91% 0.00%
Net margin (15.39%) 3.99% 3.29%
Free cash flow margin 1.20% 4.29% 0.00%
Return on equity (15.20%) 11.90% 0.00%
Return on assets (9.31%) 4.67% 0.00%
Return on invested capital (53.40%) 9.83% 0.00%

Growth

Metric COUR LINC Education & Training Services median
Revenue growth (TTM) 22.68% 22.02% 6.97%
EPS growth (last fiscal year) 39.22% 100.00% —
Revenue growth, 5-year CAGR 20.88% 12.07% 4.27%
Net income growth, 5-year CAGR 0.00% (15.78%) 0.00%

Health

Metric COUR LINC Education & Training Services median
Debt to equity 0.00 0.28 0.08
Current ratio 1.59 0.96 1.33
Net debt to EBITDA 16.31 0.04 (0.15)

Dividend

Metric COUR LINC Education & Training Services median
Dividend yield — — 1.13%
Payout ratio 0.00 0.00 0.00

Size

Metric COUR LINC Education & Training Services median
Market cap 1.34b 757.51m 68.93m

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