250 Global Education Stocks

Market Capitalization

Market capitalization refers to the total dollar market value of a company’s outstanding shares. Commonly referred to as “market cap,” it is calculated by multiplying a company’s shares outstanding by the current market price of one share. The investment community uses this figure to determine a company’s size, as opposed to using sales or total asset figures.

The total market cap of all 250 education stocks is roughly $190B (on any given day). The largest company, TAL from China, is listed on the New York Stock Exchange and has a market cap of approx $20 billion, or just over 10% of all education stock market cap. Over 40 companies have a market cap over $1 billion, the average of all 250 companies is $766m and the median $98m.

Market Cap by Country

37 companies headquartered in China have a total market cap of $67B. Language learning and after school tutoring giants TAL and New Oriental are the most well known listed Chinese companies, more recently joined by professional exam prep company Offcn.

There are 40 listed USA education companies based out of the USA with a market cap totalling $51B. Big names include pre-school provider Bright Horizons, learning resources provider Chegg, OPM company 2U and online university, Grand Canyon. 11 companies in the UK have a market cap of $23b led by publishing firms Informa and Pearson. Brazil and Japan follow with a total of 31 countries having listed education companies represented on stock exchanges around the world.

Market Cap by Sector

While many of the 250 companies operate across sectors, each has been classified into a primary sector where they generate most of their value. One third, or 83 companies are focused on K12 learning with a market cap of $58B, with a few giants dominating and many smaller companies. Post Secondary is more evenly spread with 70 companies and a market cap of $46B.

Publishing is represented by a small number of companies (15) with a high combined market cap of $34B, illustrating the consolidated mature state of that part of the sector. 35 Corporate education listed companies are valued at $26B, while 24 listed education companies in the ‘digital’ category have a total market cap of $15B. Of the 24 in the digital group, the top 10 by market cap include four learning management systems, two language learning and one each of education resources (digital content), OPM, Assessment and Education Management System.