Sunlands Technology Group runs online vocational and test-prep courses in China, sold through its Sunlands and Kaoyan-focused platforms to adult learners rather than school-age students. The case for a closer look rests on profitability that is far out of line with the top line: an 87.0% gross margin, a 20.5% operating margin, and a 34.9% return on equity, all while the shares trade at 0.7 times trailing earnings and 6.7 times forward earnings. Revenue fell 24.6%, so the market is pricing a business that is shrinking, and the question for a portfolio manager is whether that decline is stabilizing or still eroding the earnings base. At a $33M market cap with no index membership, this is a micro-cap that sits outside the screens most institutions use, which is both the source of the valuation gap and the reason liquidity and governance deserve checking before any position is considered.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 15 Oct 2026, 00:00 CEST | ACCE price target | $1.96 | first publication | $2.62 |
Answered from Sunlands Technology Group American Depositary Shares representing Class A ordinary shares fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| STG Sunlands Technology Group American Depositary Shares representing Class A ordinary shares | $2.44 | - | - | 0.7x | 34.9% | 93 | 54 |
| YQ 17 Education & Technology Group Inc. American Depositary Shares | $3.18 | - | - | - | -37.6% | 47 | 65 |
| JDZG JIADE LIMITED Class A Ordinary Shares | $6.56 | - | - | - | -11.0% | 43 | 40 |
| RYET Ruanyun Edai Technology Inc. Ordinary shares | $0.70 | - | - | - | -331.4% | 35 | 33 |
| FEDU Four Seasons Education (Cayman) Inc. American Depositary Shares each ADS representing 10 ordinary shares | $10.48 | $11 | 7% below | 5.6x | 5.7% | 57 | 54 |
| YOUL Youlife Group Inc. American Depositary Shares | $0.27 | $0 | 42% below | 4.4x | 4.8% | 34 | 47 |
| AACG ATA Creativity Global American Depositary Shares | $0.73 | - | - | - | -86.1% | 43 | 35 |
Where STG ranks against its sector peers on each metric.