WallStSmart

Graham Holdings Co (GHC)vsLincoln Educational Services (LINC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Graham Holdings Co generates 848% more annual revenue ($4.91B vs $518.24M). GHC leads profitability with a 5.9% profit margin vs 3.9%. LINC appears more attractively valued with a PEG of 3.62. GHC earns a higher WallStSmart Score of 51/100 (C-).

GHC

Buy

51

out of 100

Grade: C-

Growth: 4.0Profit: 4.5Value: 4.7Quality: 7.5
Piotroski: 4/9Altman Z: 3.27

LINC

Buy

50

out of 100

Grade: C-

Growth: 8.7Profit: 5.5Value: 3.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GHCSignificantly Overvalued (-145.2%)

Margin of Safety

-145.2%

Fair Value

$452.34

Current Price

$1070.23

$617.89 premium

UndervaluedFair: $452.34Overvalued
LINCUndervalued (+10.0%)

Margin of Safety

+10.0%

Fair Value

$29.95

Current Price

$40.84

$10.89 discount

UndervaluedFair: $29.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GHC4 strengths · Avg: 9.3/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.2710/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.269/10

Conservative balance sheet, low leverage

P/E RatioValuation
16.0x8/10

Attractively priced relative to earnings

LINC2 strengths · Avg: 9.0/10
EPS GrowthGrowth
87.1%10/10

Earnings expanding 87.1% YoY

Revenue GrowthGrowth
19.7%8/10

19.7% revenue growth

Areas to Watch

GHC4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
0.4%4/10

0.4% revenue growth

Return on EquityProfitability
6.5%3/10

ROE of 6.5% — below average capital efficiency

Profit MarginProfitability
5.9%3/10

5.9% margin — thin

PEG RatioValuation
4.042/10

Expensive relative to growth rate

LINC4 concerns · Avg: 2.5/10
Market CapQuality
$1.26B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
3.9%3/10

3.9% margin — thin

PEG RatioValuation
3.622/10

Expensive relative to growth rate

P/E RatioValuation
61.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : GHC

The strongest argument for GHC centers on Price/Book, Altman Z-Score, Debt/Equity.

Bull Case : LINC

The strongest argument for LINC centers on EPS Growth, Revenue Growth. Revenue growth of 19.7% demonstrates continued momentum.

Bear Case : GHC

The primary concerns for GHC are Revenue Growth, Return on Equity, Profit Margin.

Bear Case : LINC

The primary concerns for LINC are Market Cap, Profit Margin, PEG Ratio. A P/E of 61.8x leaves little room for execution misses. Thin 3.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

GHC profiles as a value stock while LINC is a growth play — different risk/reward profiles.

LINC carries more volatility with a beta of 0.90 — expect wider price swings.

LINC is growing revenue faster at 19.7% — sustainability is the question.

LINC generates stronger free cash flow (25M), providing more financial flexibility.

Bottom Line

GHC scores higher overall (51/100 vs 50/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Graham Holdings Co

CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES · USA

Graham Holdings Company is a diversified global media and education company. The company is headquartered in Arlington, Virginia.

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Lincoln Educational Services

CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES · USA

Lincoln Educational Services Corporation offers various career-oriented postsecondary education services to high school graduates and working adults in the United States. The company is headquartered in West Orange, New Jersey.

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