Growth PotentialMultiple catalysts for future growth include a multi-year K-12 upcycle, growth potential in Inclusive Access, and newly introduced products aimed at improving retention, providing new revenue streams, or lowering costs.
Market PositionMH is the #2 provider in the U.S. K-12 market, rising from the #3 spot in recent years, with digital adoption influenced by pandemic-driven funding and greater acceptance.
ValuationMcGraw Hill's valuation is considered highly attractive, trading at 9 times forward adjusted EBITDA, which is well below its peers.