Growth PotentialB2B enrollments, which comprise approximately 30% of total enrollments, are a key enrollment growth driver that also enhances PXED's growth potential.
Market PositionPXED is competitively differentiated by its scale and leading brand awareness among online colleges, competitive price point, career-relevant course offerings, and AI-based learning platform.
ValuationPXED is priced at a substantial discount to peers at 5.0x NTM adjusted EBITDA versus the 10.3x peer group median, presenting an opportunity for multiple expansion.