MH

McGraw Hill, Inc.

MH·NYSE

$12.25

-9.9%
Consumer DefensiveEducation & Training Services

McGraw Hill, Inc., doing business as McGraw Hill, provides information solutions for K-12, higher education, and professional markets in the United States and internationally. It operates through K-12, Higher Education, Global Professional, and International segments. The K-12 segment provides core, supplemental, and intervention curricula to support the needs of the K-12 schools. It sells blended digital and print learning solutions directly to school districts across the United States. The Higher Education segment offers students, instructors, and institutions with adaptive digital learning solutions and content, and instructional materials. Its solutions are used by students enrolled in non-profit colleges and universities, as well as for-profit institutions. This segment sells its higher education solutions to online retailers and distribution partners, as well as sells directly to student through its proprietary e-commerce platform. The Global Professional segment provides students, institutions, and professionals with comprehensive medical and engineering learning solutions. This segment sells digital learning solutions and print materials accessible through a range of mediums for learners and customers. The International segment offers digital and print solutions in approximately 100 countries and 80 languages outside of the United States. This segment, through its distribution network, serve the needs of learners and educators with K-12 and higher education solutions. McGraw Hill, Inc. was formerly known as Mav Holding Corporation and changed its name to McGraw Hill, Inc. in October 2022. The company was founded in 1888 and is headquartered in Columbus, Ohio.

At a Glance

Live Snapshot
Market Cap$2.34B
EPS-0.4500
P/E Ratio-37.83
Earnings Date06/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -37.8).

Valuation inputs: P/E -37.8, earnings yield N/A, momentum -9.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -30.6%, ROIC -55.6%).

Profitability stack: net margin -4.1%, ROE -30.6%, ROIC -55.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +95.1%, momentum -9.9%, net margin -4.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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McGraw Hill, Inc. Market vs Earnings Trajectory

MH · NYSE

Loading price and EPS data...

MH

McGraw Hill, Inc. Fair Value Envelope

MH · NYSE

Our analysis suggests that MH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $12.25, this represents a potential HIDDEN relative to our calculated worth for McGraw Hill, Inc..

Intrinsic Value
Current Price: $12.25
3Y-87.0%
5Y-112.0%
10Y-112.0%
3Y+17.0%
5Y+36.0%
10Y+36.0%
3Y-87.0%
5Y-292.0%
10Y-292.0%
3Y+214.0%
5Y+63.0%
10Y+63.0%
3Y+177.0%
5Y+69.0%
10Y+69.0%
3Y-13.0%
5Y+148.0%
10Y+148.0%
MH

McGraw Hill, Inc. Profit Bridge

MH · NYSE
Revenue2.10B
Cost of Goods Sold (422.29M)
Gross Profit1.68B
Operating Expenses (1.37B)
Operating Income306.81M
Interest Expense (293.45M)
Other Income/Expense-296.17M
Pretax Income10.64M
Income Tax (96.48M)
Net Income-85.84M
Net Income
-85.84M

Profitability Analysis

Gross Margin

79.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

14.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-4.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Effective Tax Rate

906.6%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

79.90%
Gross Profit Margin
2%
3Y+4.0%
5Y+2.0%
10Y+2.0%
14.60%
Operating Profit Margin
84%
3Y-160.0%
5Y-10.0%
10Y-10.0%
-4.08%
Net Profit Margin
-59%
3Y-89.0%
5Y-241.0%
10Y-241.0%
-30.63%
Return on Equity
-41%
3Y-57.0%
5Y+930.0%
10Y+930.0%
-1.49%
Return on Assets
-55%
3Y-85.0%
5Y-177.0%
10Y-177.0%
-55.57%
Return on Invested Capital
-1783%
3Y+641.0%
5Y-508.0%
10Y-508.0%
M

McGraw Hill, Inc. Cash Conversion Engine

MH · NYSE
Net Income-85.84M
Depreciation & Amortization362.36M
Stock-Based Compensation0.00
Change in Working Capital226.27M
Others144.96M
Capital Expenditures-161.06M
Free Cash Flow485.22M

Cash Flow Quality Analysis

FCF Conversion Rate

-565.3%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

24.9%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+510.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$226.27M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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McGraw Hill, Inc. Funding & Solvency Profile

MH · NYSE
Cash & Cash Equivalents514.39M
Net Receivables242.33M
Inventory169.67M
Other Current Assets121.15M
Total Current Assets1 B
Property, Plant & Equipment138.26M
Goodwill & Intangible Assets4.10B
Long-Term Investments0.00
Other Non-Current Assets331.46M
Total Non-Current Assets470 M
Total Assets
5.64B

Financial Health Analysis

Current Ratio

0.83x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

6.28x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-213164000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

19% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

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McGraw Hill, Inc. Street Expectations Map

MH · NYSE

Wall Street analysts project that MH stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 19.60, with estimates ranging from a low of 17.00 to a high of 22.00.

Lowest Target
17.00
38.78%
Consensus Target
19.60
60.00%
Highest Target
22.00
79.59%

The consensus 1-year price target stands at 19.60, with estimates ranging from a low of 17.00 to a high of 22.00.

Analyst Consensus Analysis

Upside Potential

+60.0%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

25.5% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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McGraw Hill, Inc. Insider Positioning

MH · NYSE

During the last 12 months, insiders have purchased $1.32M worth of MH shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

58.0K

794.60K

Sold

0

0.00

Net Activity

+795K

+$795K

6-9 Months

Bought

15.7K

236.12K

Sold

0

0.00

Net Activity

+236K

+$236K

9-12 Months

Bought

17.0K

289.00K

Sold

0

0.00

Net Activity

+289K

+$289K

Top Buyers

1
RS

Reinemund Steven

Director

73.7K shares2 transactions

$1.03M

2
SMA

Sigler Mary Ann

Director

7.5K shares1 transactions

$128K

3
TT

Tiska Tracey

Officer: Evp & Chro

4.0K shares1 transactions

$68K

4
SR

Sallmann Robert

Officer: Evp & Cfo

3.0K shares1 transactions

$51K

5
CD

Cortese David

Officer: Evp & Cdio

2.5K shares1 transactions

$43K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.32M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

5 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

No Dividend Yield Data

MH has not reported any dividend yield values in the available annual periods.

 

mh Dividend History

MH
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%