Phoenix Education Partners, Inc — Earnings Quality Grade B
PXED · Consumer Defensive
Generally healthy
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 18 days, change -1 days YoY
AR growth 1.9% vs revenue growth 6.0%
Revenue 6.0%, CFFO -46.5%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -0.6% vs revenue 6.0%. Normal
SG&A/Gross Profit = 61.7%. Normal
Gross margin 56.7%, change -0.8pp. Stable
Cash Flow Quality
CFFO/NI = 0.65. Below 1.0
FCF $0.1B, FCF/NI = 0.48
Accruals ratio = 9.4%. Elevated
Cash $0.1B covers debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.1B but equity unavailable or non-positive
Debt/EBITDA = 0.4x. Healthy
Other assets -22.0% vs revenue 6.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 10% YoY. Normal
Manipulation Score
M-Score = -1.90 (grey zone)
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25