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Cengage Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cengage and similar public comparables like John Wiley & Sons, Cogna Educação, Advtech, National Company for Learning & Education and more.
Cengage Overview
About Cengage
Cengage Learning Holdings II Inc is an educational technology, content, and services company operating in the higher education, professional, K-12, English language teaching (ELT) and library spaces. It has five reportable segments on the basis of products and customers provided by each segment: Cengage Academic (U.S. Higher Education, International Higher Education, and Secondary Education), Cengage Work (ed2go and Infosec), Research, ELT, and Other (Australia K-12 and Milady). Research, ELT, and Other are reported together as a core business unit titled Cengage Select.
Founded
2007
HQ
Employees
4.2K
Website
Financials (FY)
EV
$3B
Cengage Financials
Cengage reported last fiscal year revenue of $1B and EBITDA of $249M.
In the same fiscal year, Cengage generated $827M in gross profit, $249M in EBITDA, and had net loss of ($114M).
Cengage P&L
In the most recent fiscal year, Cengage reported revenue of $1B and EBITDA of $249M.
Cengage expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $827M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 56% | XXX | XXX | XXX |
| EBITDA | — | XXX | $249M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 17% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 15% | XXX | XXX | XXX |
| Net Profit | — | XXX | ($114M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (8%) | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cengage Stock Performance
Cengage has current market cap of $1B, and enterprise value of $3B.
Cengage's stock price is $23.50.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $1B | 0.0% | XXX | XXX | XXX | $-1.82 |
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Start Free TrialCengage Valuation Multiples
Cengage trades at 2.0x EV/Revenue multiple, and 12.0x EV/EBITDA.
Cengage Financial Valuation Multiples
As of March 29, 2026, Cengage has market cap of $1B and EV of $3B.
Equity research analysts estimate Cengage's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cengage has a P/E ratio of (12.9x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 2.0x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 12.0x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 13.5x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.6x | XXX | XXX | XXX |
| P/E | — | XXX | (12.9x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 38.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cengage Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Cengage Margins & Growth Rates
Cengage's revenue in the last fiscal year declined by (0%).
Cengage Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (0%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 17% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (8%) | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 41% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cengage Public Comps
See public comps and valuation multiples for other Education Software and Education & Training comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| John Wiley & Sons | XXX | XXX | XXX | XXX | XXX | XXX |
| Cogna Educação | XXX | XXX | XXX | XXX | XXX | XXX |
| Advtech | XXX | XXX | XXX | XXX | XXX | XXX |
| National Company for Learning & Education | XXX | XXX | XXX | XXX | XXX | XXX |
| Youdao | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Cengage M&A Activity
Cengage acquired XXX companies to date.
Last acquisition by Cengage was on XXXXXXXX, XXXXX. Cengage acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cengage
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialCengage Investment Activity
Cengage invested in XXX companies to date.
Cengage made its latest investment on XXXXXXXX, XXXXX. Cengage invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cengage
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Cengage
| When was Cengage founded? | Cengage was founded in 2007. |
| Where is Cengage headquartered? | Cengage is headquartered in United States. |
| How many employees does Cengage have? | As of today, Cengage has over 4K employees. |
| Is Cengage publicly listed? | Yes, Cengage is a public company listed on OTC Grey Market. |
| What is the stock symbol of Cengage? | Cengage trades under CNGO ticker. |
| When did Cengage go public? | Cengage went public in 2014. |
| Who are competitors of Cengage? | Cengage main competitors are John Wiley & Sons, Cogna Educação, Advtech, National Company for Learning & Education. |
| What is the current market cap of Cengage? | Cengage's current market cap is $1B. |
| What is the current revenue of Cengage? | Cengage's last fiscal year revenue is $1B. |
| What is the current EV/Revenue multiple of Cengage? | Current revenue multiple of Cengage is 2.0x. |
| Is Cengage profitable? | No, Cengage is not profitable. |
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