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31.11 (1y: +8%)
Market Cap 1.92 B P/E(ttm) 13.00
Enterprise Value 1.64 B P/B
DV- NYSE (USA)
DeVry, Inc.
  • Currently 4/5
Business Predictability Rank: 4-Star (On Watch)
Back Testing Results:
Average gain of all 4-Star stocks: 9.8% per year.
% of Stocks that are in still loss if held for 10yrs: 8%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$31.11
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt No Debt
DV's Cash to Debt is ranked higher than
65% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 4.40 vs. DV: No Debt )
DV' s 10-Year Cash to Debt Range
Min: 0.38   Max: No Debt
Current: No Debt
Interest Coverage 83.6
DV's Interest Coverage is ranked lower than
60% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 207.50 vs. DV: 83.6 )
DV' s 10-Year Interest Coverage Range
Min: 5   Max: No Debt
Current: 83.6
F-Score: 5
Z-Score: 4.87
M-Score: -2.2
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 10.90
DV's Operating margin (%) is ranked higher than
55% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 8.30 vs. DV: 10.90 )
DV' s 10-Year Operating margin (%) Range
Min: 5.6   Max: 22.6
Current: 10.9
5.6
22.6
Net-margin (%) 7.7
DV's Net-margin (%) is ranked higher than
55% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 5.70 vs. DV: 7.7 )
DV' s 10-Year Net-margin (%) Range
Min: 3.7   Max: 15.1
Current: 7.7
3.7
15.1
Revenue Growth (%) 3.6
DV's Revenue Growth (%) is ranked higher than
83% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 7.10 vs. DV: 3.6 )
DV' s 10-Year Revenue Growth (%) Range
Min: 3.6   Max: 19.6
Current: 3.6
3.6
19.6
EBITDA Growth (%) -7.7
DV's EBITDA Growth (%) is ranked higher than
81% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 10.90 vs. DV: -7.7 )
DV' s 10-Year EBITDA Growth (%) Range
Min: -8.8   Max: 34.1
Current: -7.7
-8.8
34.1
EPS Growth (%) -11.3
DV's EPS Growth (%) is ranked higher than
82% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 6.60 vs. DV: -11.3 )
DV' s 10-Year EPS Growth (%) Range
Min: -19.4   Max: 44.2
Current: -11.3
-19.4
44.2
» DV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

DV Guru Trades in Q2 2012

HOTCHKIS & WILEY 849,323 sh (New)
Richard Pzena 805,269 sh (New)
Charles de Vaulx 1,555,646 sh (New)
First Pacific Advisors 1,456,867 sh (+1179.08%)
Robert Rodriguez 682,867 sh (+1174.01%)
Jim Simons 474,800 sh (+1123.71%)
Chuck Royce 88,800 sh (+29.07%)
Joel Greenblatt 189,950 sh (+23.28%)
John Rogers 4,723,193 sh (+11.28%)
Private Capital 527,448 sh (+0.11%)
John Hussman 250,000 sh (unchged)
Westport Asset Management 845,000 sh (unchged)
Steven Cohen Sold Out
Ron Baron 4,902,416 sh (-9.28%)
Jeremy Grantham 6,800 sh (-27.66%)
Paul Tudor Jones 10,700 sh (-46.5%)
» More
Q3 2012

DV Guru Trades in Q3 2012

Steven Cohen 14,371 sh (New)
Columbia Wanger 693,000 sh (New)
Sarah Ketterer 300,600 sh (New)
George Soros 43,200 sh (New)
Jeremy Grantham 27,600 sh (+305.88%)
Paul Tudor Jones 20,800 sh (+94.39%)
Robert Rodriguez 987,100 sh (+44.55%)
First Pacific Advisors 2,085,400 sh (+43.14%)
Charles de Vaulx 2,075,688 sh (+33.43%)
John Rogers 6,116,339 sh (+29.5%)
Private Capital 644,038 sh (+22.1%)
Chuck Royce 89,800 sh (+1.13%)
Westport Asset Management 845,000 sh (unchged)
John Hussman Sold Out
HOTCHKIS & WILEY 847,823 sh (-0.18%)
Richard Pzena 744,375 sh (-7.56%)
Ron Baron 4,384,234 sh (-10.57%)
Jim Simons 385,200 sh (-18.87%)
Joel Greenblatt 40,624 sh (-78.61%)
» More
Q4 2012

DV Guru Trades in Q4 2012

Joel Greenblatt 82,730 sh (+103.65%)
Columbia Wanger 1,393,000 sh (+101.01%)
First Pacific Advisors 2,255,500 sh (+8.16%)
Jeremy Grantham 14,810 sh (unchged)
Robert Rodriguez 987,100 sh (unchged)
Westport Asset Management 800,000 sh (unchged)
George Soros Sold Out
HOTCHKIS & WILEY 846,923 sh (-0.11%)
Ron Baron 4,344,834 sh (-0.9%)
Richard Pzena 737,145 sh (-0.97%)
Private Capital 627,203 sh (-2.61%)
Charles de Vaulx 1,981,855 sh (-4.52%)
Chuck Royce 84,100 sh (-6.35%)
Paul Tudor Jones 17,500 sh (-15.87%)
Sarah Ketterer 226,700 sh (-24.58%)
Jim Simons 258,600 sh (-32.87%)
Steven Cohen 9,545 sh (-33.58%)
John Rogers 3,991,145 sh (-34.75%)
» More
Q1 2013

DV Guru Trades in Q1 2013

Chuck Royce 161,600 sh (+92.15%)
Steven Cohen 13,376 sh (+40.14%)
First Pacific Advisors 2,443,200 sh (+8.32%)
Robert Rodriguez 1,015,000 sh (+2.83%)
Columbia Wanger 1,393,000 sh (unchged)
Sarah Ketterer Sold Out
Paul Tudor Jones Sold Out
Jim Simons Sold Out
Joel Greenblatt Sold Out
Ron Baron 4,327,234 sh (-0.41%)
Private Capital 602,945 sh (-3.87%)
Jeremy Grantham 13,767 sh (-7.04%)
Westport Asset Management 737,442 sh (-7.82%)
John Rogers 3,324,295 sh (-16.71%)
HOTCHKIS & WILEY 474,123 sh (-44.02%)
Richard Pzena 226,518 sh (-69.27%)
» More
» Details

Insider Trades

Latest Guru Trades with DV

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.11%$23.73 - $32.55 $ 31.1111%0
Richard Pzena 2013-03-31 Reduce -69.27%0.1%$23.73 - $32.55 $ 31.1111%226518
HOTCHKIS & WILEY 2013-03-31 Reduce -44.02%0.05%$23.73 - $32.55 $ 31.1111%474123
John Rogers 2012-12-31 Reduce -34.75%1.04%$20.82 - $26.8 $ 31.1126%3991145
Joel Greenblatt 2012-12-31 Add 103.65%0.06%$20.82 - $26.8 $ 31.1126%82730
George Soros 2012-12-31 Sold Out 0.02%$20.82 - $26.8 $ 31.1126%0
Robert Rodriguez 2012-09-30 Add 44.55%0.83%$18.34 - $31.58 $ 31.1135%987100
John Rogers 2012-09-30 Add 29.5%0.68%$18.34 - $31.58 $ 31.1135%6116339
Joel Greenblatt 2012-09-30 Reduce -78.61%0.34%$18.34 - $31.58 $ 31.1135%40624
Private Capital 2012-09-30 Add 22.1%0.22%$18.34 - $31.58 $ 31.1135%644038
John Hussman 2012-09-30 Sold Out 0.15%$18.34 - $31.58 $ 31.1135%0
George Soros 2012-09-30 New Buy0.02%$18.34 - $31.58 $ 31.1135%43200
Robert Rodriguez 2012-06-30 Add 1174.01%2.4%$26.28 - $34.56 $ 31.114%682867
John Rogers 2012-06-30 Add 11.28%0.33%$26.28 - $34.56 $ 31.114%4723193
Richard Pzena 2012-06-30 New Buy0.29%$26.28 - $34.56 $ 31.114%805269
HOTCHKIS & WILEY 2012-06-30 New Buy0.17%$26.28 - $34.56 $ 31.114%849323
Joel Greenblatt 2012-06-30 Add 23.28%0.08%$26.28 - $34.56 $ 31.114%189950
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on DeVry, Inc.

John Rogers Comments on DeVry Inc - Oct 25, 2012

Also, forprofit education company DeVry Inc. (DV) dropped –26.51% after materially lowering quarterly earnings guidance in late July. Specifically, the company guided revenue below Wall Street's expectations and forecast earnings per share to the $0.43 to $0.46 range—far below the consensus $0.78 that was in place at the time. Two weeks later the company reported earnings in line with the new forecast. During its official report, the company announced a new plan to improve performance quickly. The three-pronged plan included right-sizing its cost structure, re-establishing enrollment growth and investing toward future growth. To be candid, we were surprised by how abruptly the business downshifted but believe the gameplan to turn things around is a good one. We are patient, long-term investors who understand there will be bumps in the road in this controversial industry but similarly recognize its demographic and structural strengths.

From Ariel Funds' third quarter commentary.


Check out John Rogers latest stock trades

Baron Funds Comments on DeVry Inc. - May 24, 2012

The stock price of DeVry, Inc. (DV), a provider of diversified postsecondary education emphasizing business, technology and healthcare, declined 11.9% after reporting that it missed both top- and bottom-line estimates in the fourth quarter. DeVry also lowered 2012 guidance, and now anticipates an earnings decline year over year. DeVry's enrollment softened, due to continued economic weakness and disruptions sustained as it adapts to regulatory changes. Long term, we remain positive on DeVry given its solid history of graduate placement and its focus on areas that should experience sustainable job creation. (Susan Robbins)
Check out Ron Baron latest stock trades

Top Ranked Articles about DeVry, Inc.

FPA Capital Comments on Devry
October 31, 2012
We added to our Devry (DV) position as the stock declined approximately 27% in the third quarter. We maintained our roughly 1.80% position in the stock, despite the material decline in the share price. Many of the schools in the For-Profit education industry have experienced negative enrollment growth recently mainly because potential students have concerns about the job market and their employment prospects after graduation. We believe these are cyclical issues and enrollment will likely stabilize, albeit at a lower level, in 2013. The company continues to experience growth in its medical and nursing schools and is diligently adding to its Brazilian assets. DV’s balance sheet remains strong with nearly $3 in net cash, and the valuation is attractive at less than 4x enterprise value to EBITDA. Read more...
John Rogers Comments on DeVry Inc
October 25, 2012
Also, forprofit education company DeVry Inc. (DV) dropped –26.51% after materially lowering quarterly earnings guidance in late July. Specifically, the company guided revenue below Wall Street's expectations and forecast earnings per share to the $0.43 to $0.46 range—far below the consensus $0.78 that was in place at the time. Two weeks later the company reported earnings in line with the new forecast. During its official report, the company announced a new plan to improve performance quickly. The three-pronged plan included right-sizing its cost structure, re-establishing enrollment growth and investing toward future growth. To be candid, we were surprised by how abruptly the business downshifted but believe the gameplan to turn things around is a good one. We are patient, long-term investors who understand there will be bumps in the road in this controversial industry but similarly recognize its demographic and structural strengths. Read more...
Bob Rodriguez of FPA Capital Reveals Four New Adds, No New Buys
July 23, 2012
Robert Rodriguez - Bob Rodriguez Of FPA Capital Reveals Four New Adds, No New Buys
Robert Rodriguez has managed the FPA Capital Fund (FPPTX) and FPA New Income Fund since inception in 1984, and is best known for calling the 2008 housing crash. He recently returned from a one-year sabbatical in 2010, only to find that the markets are repeating the ill-advised patterns of the past. He did not buy new stocks in the second quarter, but added to four of his holdings: DeVry Inc. (DV), Newfield Exploration Co. (NFX), InterDigital (IDCC), Patterson-UTI Energy (PTEN). Read more...
FPA Capital Fund Buys Devry Inc., Newfield Exploration Co., InterDigital, Inc., Sells Foot Locker, Inc.
July 20, 2012
Robert Rodriguez - FPA Capital Fund Buys Devry Inc., Newfield Exploration Co., InterDigital, Inc., Sells Foot Locker, Inc.
FPA Capital Fund was run by the legendary value investor Robert Rodriguez. After building an excellent long term track record, Mr. Rodriguez retired and handed the management to his successors Dennis Bryan and Rikard Ekstrand. The fund has always been run conservatively. As of June 30, it had 30% of asset in cash. Read more...
Baron Funds Comments on DeVry Inc.
May 24, 2012
The stock price of DeVry, Inc. (DV), a provider of diversified postsecondary education emphasizing business, technology and healthcare, declined 11.9% after reporting that it missed both top- and bottom-line estimates in the fourth quarter. DeVry also lowered 2012 guidance, and now anticipates an earnings decline year over year. DeVry's enrollment softened, due to continued economic weakness and disruptions sustained as it adapts to regulatory changes. Long term, we remain positive on DeVry given its solid history of graduate placement and its focus on areas that should experience sustainable job creation. (Susan Robbins) Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 13.00
DV's P/E(ttm) is ranked higher than
69% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 14.70 vs. DV: 13.00 )
DV' s 10-Year P/E(ttm) Range
Min: 7.37   Max: 58.49
Current: 13
7.37
58.49
P/S 1.01
DV's P/S is ranked higher than
52% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.85 vs. DV: 1.01 )
DV' s 10-Year P/S Range
Min: 0.59   Max: 5.42
Current: 1.01
0.59
5.42
PFCF 16.46
DV's PFCF is ranked higher than
52% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 12.37 vs. DV: 16.46 )
DV' s 10-Year PFCF Range
Min: 8.7   Max: 1016.67
Current: 16.46
8.7
1016.67
EV-to-EBIT 7.37
DV's EV-to-EBIT is ranked higher than
79% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 9.95 vs. DV: 7.37 )
DV' s 10-Year EV-to-EBIT Range
Min: 4.3   Max: 35.9
Current: 7.37
4.3
35.9
PEG 0.7
DV's PEG is ranked higher than
92% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.80 vs. DV: 0.7 )
DV' s 10-Year PEG Range
Min: 0.18   Max: 19.81
Current: 0.7
0.18
19.81
Shiller P/E 10.86
DV's Shiller P/E is ranked higher than
86% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 6.80 vs. DV: 10.86 )
DV' s 10-Year Shiller P/E Range
Min: 6.67   Max: 64
Current: 10.86
6.67
64

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.03
DV's Dividend Yield is ranked higher than
64% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 2.61 vs. DV: 1.03 )
DV' s 10-Year Dividend Yield Range
Min: 0.14   Max: 1.63
Current: 1.03
0.14
1.63
Dividend Payout 0.2
DV's Dividend Payout is ranked higher than
77% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.57 vs. DV: 0.2 )
DV' s 10-Year Dividend Payout Range
Min: 0.05   Max: 0.14
Current: 0.2
0.05
0.14
Dividend growth (3y) 12.5
DV's Dividend growth (3y) is ranked higher than
97% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 2.20 vs. DV: 12.5 )
DV' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 18.9
Current: 12.5
0
18.9
Yield on cost (5-Year) 2.45
DV's Yield on cost (5-Year) is ranked higher than
90% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 2.68 vs. DV: 2.45 )
DV' s 10-Year Yield on cost (5-Year) Range
Min: 0.34   Max: 3.99
Current: 2.45
0.34
3.99
Share Buyback Rate 2
DV's Share Buyback Rate is ranked higher than
87% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: -0.50 vs. DV: 2 )
DV' s 10-Year Share Buyback Rate Range
Min: 2   Max: -0.7
Current: 2

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 0.5
DV's Price/DCF (Projected) is ranked higher than
86% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.50 vs. DV: 0.5 )
DV' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 2.5
Current: 0.5
0.4
2.5
Price/Median PS Value 0.4
DV's Price/Median PS Value is ranked higher than
69% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.45 vs. DV: 0.4 )
DV' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.9
Current: 0.4
0.3
1.9
Price/Peter Lynch Fair Value 0.9
DV's Price/Peter Lynch Fair Value is ranked higher than
96% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 0.50 vs. DV: 0.9 )
DV' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.5   Max: 5.2
Current: 0.9
0.5
5.2
Earnings Yield (Greenblatt) 13.60
DV's Earnings Yield (Greenblatt) is ranked higher than
83% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 10.00 vs. DV: 13.60 )
DV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.8   Max: 23.5
Current: 13.6
2.8
23.5
Forward Rate of Return (Yacktman) 23
DV's Forward Rate of Return (Yacktman) is ranked higher than
87% of the 77 Companies
in the Global Education & Training Services industry.

( Industry Median: 7.75 vs. DV: 23 )
DV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -3.3   Max: 48.9
Current: 23
-3.3
48.9

Business Description

DeVry, Inc. was incorporated under the laws of the State of Delaware. The Company is a global provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine. These institutions offer an array of programs in business, healthcare and technology and serve students in secondary through postsecondary education as well as accounting and finance professionals. The Company's purpose is to empower its students to achieve their educational and career goals. It presents three reportable segments: 'Business, Technology and Management', which includes DeVry University undergraduate and graduate operations; 'Medical and Healthcare' which includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington; 'International, K-12 and Professional Education', which includes the operations of DeVry Brasil, AAI and the professional exam review and training operations of Becker Professional Review. The Company is subject to extensive regulation on both the federal and state levels.
Company Website
SEC Reports
Industry: Education & Training Services
Compare:ESI, EDU, WPO, GPX, APOL
Traded in other countries:DVY.Germany
» More Articles for DV

Headlines

Articles On GuruFocus.com
Capella Education Corp. – Long with Base Case Target Price: $50 Apr 17 2013 
FPA Capital Fund Q4 Commentary Apr 10 2013 
John Rogers of Ariel Funds' Feb Market Insight - In-Depth Perspective on the Current Market Environm Mar 15 2013 
Career Education Corp. - Trades at a 43% Discount to Net Cash Mar 06 2013 
Investing in Money: Ariel Fund & Ariel Appreciation Fund Q3 Commentary Nov 19 2012 
FPA Capital Comments on Devry Oct 31 2012 
FPA Capital Fund Inc. Quarterly Commentary Oct 30 2012 
Westport Funds Third Quarter Letter Oct 25 2012 
John Rogers Comments on DeVry Inc Oct 25 2012 
John Rogers' Ariel Fund Q3 Commentary Oct 25 2012 

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DeVry to Buy Brazilian Med School - Analyst Blog May 16 2013 - ZACKS

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