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China Education Group HoldingsCEGHF 83 Owner Earnings per Share (TTM) is 0.03 as of Aug. 2025, which is 100% below its 10-year median of 18.67. GuruFocus rates CEGHF with a GF Score™ of 83/100 and a GF Value™ of $1.14. The stock has 6 warning signs investors should review. Among 154 Education companies, China Education Group Holdings ranks worse than 56.49% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
China Education Group Holdings's Owner Earnings per Share (TTM) ended in Aug. 2025 was $0.03. It's Price-to-Owner-Earnings ratio for today is 13.83.
The historical rank and industry rank for China Education Group Holdings's Owner Earnings per Share (TTM) or its related term are showing as below:
CEGHF'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.3 Med: 18.67 Max: 52.96
Current: 13.33
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
China Education Group Holdings Owner Earnings per Share (TTM) Related Terms
China Education Group Holdings Owner Earnings per Share (TTM) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Education Group Holdings Owner Earnings per Share (TTM) Chart
CEGHF vs EDU, TAL, LAUR: Owner Earnings per Share (TTM) Comparison
For the Education & Training Services subindustry, China Education Group Holdings's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Education Group Holdings Price-to-Owner-Earnings vs Education Industry
For the Education industry and Consumer Defensive sector, China Education Group Holdings's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where China Education Group Holdings's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
China Education Group Holdings's Change In Deferred Tax for the trailing twelve months (TTM) ended in Aug. 2025 was $0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $261 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
China Education Group Holdings's 5-Year Average Maintenance Capital Expenditure = $261 Mil
5. "Change In Working Capital" is from cashflow statement. China Education Group Holdings's Change In Working Capital for the trailing twelve months (TTM) ended in Aug. 2025 was $21 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Owner Earnings per Share (TTM) of 0.03 mean?
China Education Group Holdings (CEGHF) has a Owner Earnings per Share (TTM) of 0.03 as of Aug. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on China Education Group Holdings. This is 100% below median its historical median of 18.67. Over the past decade, China Education Group Holdings' Owner Earnings per Share (TTM) has ranged from 6.30 to 52.96. According to the industry distribution chart, China Education Group Holdings ranks #87 out of 154 companies in the Education industry, placing it in the top 56.5%.
Is China Education Group Holdings' Owner Earnings per Share (TTM) too high?
China Education Group Holdings' current Owner Earnings per Share (TTM) of 0.03 is 100% below median its 10-year median of 18.67. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 52.96. The Education industry median Owner Earnings per Share (TTM) is 11.94. China Education Group Holdings' value of 0.03 is 99.7% below this industry median. Based on the distribution chart, China Education Group Holdings ranks #87 out of 154 companies in the Education industry, which is below the industry midpoint. Overall, China Education Group Holdings has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Education Group Holdings' Owner Earnings per Share (TTM) compare to EDU and TAL?
According to the Education industry distribution chart, China Education Group Holdings ranks #87 out of 154 companies for Owner Earnings per Share (TTM). This places China Education Group Holdings in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.94. China Education Group Holdings' value of 0.03 is 99.7% below this benchmark. Historically, China Education Group Holdings' own Owner Earnings per Share (TTM) has ranged from 6.30 to 52.96 over the past decade. While the company's 10-year median is 18.67 vs. the industry median of 11.94, China Education Group Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Education company?
The median Owner Earnings per Share (TTM) among Education companies is 11.94, based on 154 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Education Group Holdings's current Owner Earnings per Share (TTM) of 0.03 is 99.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on China Education Group Holdings. For the Education industry, the median Owner Earnings per Share (TTM) is 11.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Education Group Holdings's current Owner Earnings per Share (TTM) is 0.03, which is 100% below median its own 10-year median of 18.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Education Group Holdings stock overvalued right now?
China Education Group Holdings (CEGHF) has a current Owner Earnings per Share (TTM) of 0.03. The stock's GF Value™ is $1.14, compared to a current price of $0.42 — trading 63.6% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.03, which is 100% below median its 10-year median of 18.67 and 99.7% below the Education industry median of 11.94. China Education Group Holdings' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For China Education Group Holdings (CEGHF), the current Owner Earnings per Share (TTM) is 0.03 as of Aug. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Education Group Holdings (CEGHF) Overvalued in 2026?
Based on GuruFocus' analysis, China Education Group Holdings stock appears to be undervalued.
The current stock price of $0.42 is trading 63.6% below its estimated GF Value™ of $1.14.
Key valuation signals for CEGHF:
Owner Earnings per Share (TTM): 0.03 (100% below median its 10-year median of 18.67)
GF Value™: $1.14 vs. price of $0.42 (63.6% below fair value)
Industry Position: 99.7% below the Education median (#87 of 154)
No single metric tells the full story. See the CEGHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Education Group Holdings Ltd is a ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG's full-time student enrollment was about 270,000 as of August 2024.
83GF Score
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