Legacy Education (LGCY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Legacy Education

NYSE American•Consumer Defensive•Education & Training Services

$10.46-0.06(-0.01%)Pre-market

Market Cap

$131.47M

P/E

15.5x

P/S

1.7x

P/B

2.7x

Legacy Education Inc. provides education services to students, high school graduates, and working parents in the United States. The company offers degree programs, including Ultrasound Technician, Cardiac Sonography, and Vocational Nursing Associate of Applied Science degree, Associate Degree of Nursing; and diploma, avocational, and certificate programs, such as Clinical Medical Assisting, Dental Assisting, Medical Administrative Assisting, Medical Billing and Coding, Pharmacy Technician, Veterinary Assistant, Vocational Nursing, Phlebotomy Technician, Magnetic Resonance Imaging, Nursing Assistant, Pit and Fissure Sealant, California Dental Practice Act, Infection Control, Radiation Safety, Teaching Adult Learner, Coronal Polishing, Dispensary Agent Certification, Vocational Nursing Pre-Requisite, LVN IV Therapy Certificate, and Emergency Medical Technician Certification. It also offers Computer Specialist: Accounting, Surgical Technology Associate of Applied Science Degree Program, Sterile Processing Technician, Computer Accounting and Business Administrative Specialist Certificate Program, Bachelor of Science in Nursing (RN to BSN), and EKG/ECG Technician programs. The company operates through academic institutions, including High Desert Medical College, Central Coast College, Contra Costa Medical Career College, and Integrity College of Health. Legacy Education Inc. was founded in 2009 and is headquartered in Lancaster, California.

How this company scores

AverageMetricSide Score: 57/100

Strongest: Balance Sheet & Red Flags (25/25); weakest: Growth (3/25).

Profitability17/25

Growth3/25

Balance Sheet & Red Flags25/25

Cash & Earnings Quality12/25

Strengths

High ROELow leverageInterest easily coveredConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.5x5y range 7.8x – 18.4x

Currently near its 5-quarter median.

P/S · 1.7x5y range 1.0x – 2.2x

Currently near its 5-quarter median.

P/B · 2.7x5y range 1.3x – 3.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 12.0% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.7x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $131.47M

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $77.90M
Q. Revenue: $21.37M
TTM EBITDA: $11.77M
TTM Op. Income: $11.19M
Q. Op. Income: $3.94M
TTM Net Income: $8.49M
Q. Net Income: $3.03M
EPS: $0.24
Shares Out.: $12.62M

$77.90M in TTM revenue declined 15.5% YoY, reaching $21.37M last quarter. TTM EBITDA of $11.77M and TTM operating income of $11.19M show growth is flowing through to the bottom line. TTM net income of $8.49M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 19.2%
Op. Margin: 18.5%
Net Margin: 14.2%

Op. margin of 18.5% is down 1.3% YoY — costs are rising relative to revenue. Net margin at 14.2% Over the past year, operating margin is down 6% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.5x
P/S Ratio: 1.7x
P/B Ratio: 2.7x

At 15.5x P/E, the stock trades within typical market levels. P/S of 1.7x and P/B of 2.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 99% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $75.46M
Cash: $21.68M
Long-Term Debt: $36,711
Book Value: $49.52M
D/E Ratio: 0.0
Debt/EBITDA: 0.0

With $75.46M in assets and $36,711 in long-term debt, D/E is 0.0and book value is $49.52M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $764,359
TTM Free Cash Flow: $4.75M
FCF Margin: 6.1%
FCF / Net Income: 0.6

TTM FCF of $4.75M on $764,359 in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 9% — a weakening trend.