Skip to Content

John Wiley & Sons Inc Class A JW.A

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Solid End to Fiscal 2021 Leaves Wiley Positioned for Learning’s Future, but Its Shares Seem Rich

Zain Akbari, CFA Equity Analyst

Analyst Note

| Zain Akbari, CFA |

Our $48 per share valuation of wide-moat Wiley should not change much after it posted better-than-expected fourth-quarter earnings that were nonetheless consistent with our view that it has positioned itself for the future of the research and education sectors. Long term, we still see mid-single-digit percentage top-line growth against roughly 20% adjusted EBITDA margins.

Read Full Analysis

Company Profile

Business Description

John Wiley & Sons is one of the foremost global providers of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. Wiley derived nearly 80% of its total fiscal 2020 revenue from digital products and tech-enabled services, with just over half of the total top line coming from its research publishing and platforms segment, 36% from its academic and professional learning effort, and 13% from its education services unit. Of fiscal 2020 revenue, 52% was derived in the United States, 10% in the United Kingdom, and 6% in Germany. The company has a dual-class share ownership structure, with Wiley family members controlling about 60% of the voting power of the firm’s equity.

Contact
111 River Street
Hoboken, NJ, 07030
T +1 201 748-6000
Sector Communication Services
Industry Publishing
Most Recent Earnings Apr 30, 2021
Fiscal Year End Apr 30, 2022
Stock Type Cyclical
Employees 7,400

Related

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.