New Oriental Education & Technology Group, Inc. (HK:9901)
:9901
Top Page
New Oriental Education & Technology Group
(9901)
Select Model
Select Model
Rating:73Outperform
Price Target:
HK$54.00
▲(20.54% Upside)
Action:UpgradedDate:10/17/25
The overall stock score of 73 reflects a strong financial performance and positive technical indicators, suggesting a well-positioned company in the education and training services industry. The valuation is reasonable, though the lack of dividend yield may deter some investors. The absence of earnings call and corporate events data did not impact the score.
Positive Factors
Strong free cash flow generation
The company’s substantial free cash flow growth (27.2%) and a FCF-to-net-income ratio of 1.0 indicate durable cash generation that funds reinvestment in online products, supports working capital needs, and provides financial flexibility to pursue growth initiatives or absorb cyclical shocks without relying on external financing.
Negative Factors
Slight increase in total debt
While leverage remains low overall, the recent uptick in total debt could erode the company’s cushion if borrowing continues for expansion. Rising debt increases fixed obligations and interest sensitivity, which could constrain capital allocation or require higher cash generation to maintain balance sheet strength over months ahead.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow generation
The company’s substantial free cash flow growth (27.2%) and a FCF-to-net-income ratio of 1.0 indicate durable cash generation that funds reinvestment in online products, supports working capital needs, and provides financial flexibility to pursue growth initiatives or absorb cyclical shocks without relying on external financing.
Read all positive factors
New Oriental Education & Technology Group (9901) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$73.26B
Dividend Yield1.07%
Average Volume (3M)5.98M
Price to Earnings (P/E)46.9
Beta (1Y)0.85
Revenue Growth7.07%
EPS Growth-2.52%
CountryHK
Employees67,935
SectorConsumer Defensive
Sector Strength42
IndustryEducation & Training Services
Share Statistics
EPS (TTM)0.35
Shares Outstanding1,635,288,300
10 Day Avg. Volume6,522,014
30 Day Avg. Volume5,981,724
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.21
Price to Sales (P/S)0.16
P/FCF Ratio0.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$55.28Price Target Upside23.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)2.73
Revenue Forecast (FY)HK$42.73B
New Oriental Education & Technology Group Business Overview & Revenue Model
Company Description
New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; and Others seg...
How the Company Makes Money
New Oriental generates revenue primarily through tuition fees for its extensive array of educational programs. The company's key revenue streams include classroom-based courses, online courses, and educational materials sales. Additionally, New Or...
New Oriental Education & Technology Group Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
80
Positive
| Breakdown | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.90B | 4.31B | 3.00B | 3.11B | 4.28B |
| Gross Profit | 2.72B | 2.26B | 1.59B | 1.35B | 2.24B |
| EBITDA | 595.37M | 600.96M | 312.75M | -834.02M | 383.73M |
| Net Income | 371.72M | 309.59M | 177.34M | -1.19B | 334.41M |
Balance Sheet | |||||
| Total Assets | 7.81B | 7.53B | 6.39B | 6.03B | 10.15B |
| Cash, Cash Equivalents and Short-Term Investments | 4.58B | 4.78B | 4.00B | 4.19B | 6.26B |
| Total Debt | 803.78M | 662.33M | 458.60M | 680.41M | 2.16B |
| Total Liabilities | 3.85B | 3.48B | 2.58B | 2.24B | 5.13B |
| Stockholders Equity | 3.66B | 3.78B | 3.60B | 3.71B | 4.91B |
Cash Flow | |||||
| Free Cash Flow | 896.59M | 839.25M | 827.96M | -1.43B | 693.74M |
| Operating Cash Flow | 896.59M | 1.12B | 971.01M | -1.28B | 1.13B |
| Investing Cash Flow | -93.43M | -1.15B | -37.41M | 1.17B | -2.18B |
| Financing Cash Flow | -584.97M | -160.44M | -246.87M | -230.86M | 1.65B |
New Oriental Education & Technology Group Technical Analysis
Positive
44.80
Price Trends
44.76
Positive
43.61
Positive
41.57
Positive
Market Momentum
<0.01
Negative
54.36
Neutral
68.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9901, the sentiment is Positive. The current price of 44.8 is above the 20-day moving average (MA) of 43.23, above the 50-day MA of 44.76, and above the 200-day MA of 41.57, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.36 is Neutral, neither overbought nor oversold. The STOCH value of 68.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9901.
New Oriental Education & Technology Group Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$73.26B | 46.85 | 9.39% | 1.07% | 7.07% | -2.52% | |
67 Neutral | HK$11.40B | 17.82 | 12.59% | 3.15% | 7.48% | 87.88% | |
65 Neutral | HK$7.48B | 179.79 | 5.88% | 9.49% | 11.85% | 100.46% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | HK$31.96B | 20.68 | 6.45% | ― | -33.04% | -98.87% | |
60 Neutral | HK$2.58B | 9.30 | 37.07% | 5.86% | 174.65% | 145.66% | |
54 Neutral | HK$2.35B | 5.59 | 14.10% | ― | -10.99% | -50.16% |
* Consumer Defensive Sector Average
HK:9901
New Oriental Education & Technology Group
44.80
11.57
34.84%
HK:1797
East Buy Holding Limited
30.16
19.00
170.25%
HK:2469
Fenbi Limited
1.07
-1.14
-51.58%
HK:3978
China Beststudy Education Group
3.44
-0.17
-4.71%
HK:0667
China East Education Holdings Limited
5.14
0.63
13.97%
HK:0839
China Education Group Holdings Limited
2.67
0.53
24.77%
New Oriental Education & Technology Group Corporate Events
New Oriental Sets Board Meeting and Earnings Call for FY2026 Second Quarter Results
Jan 6, 2026
New Oriental Education Technology Group Inc. has scheduled a board meeting for January 27, 2026 to review and approve its unaudited financial results for the six months ended November 30, 2025, with the results set to be published before the U.S....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.