2009-11-19 19:29:07 -

TriPoint Global Research Senior Analyst Sally Wallick, CFA, believes that Peoples Educational Holdings' (Nasdaq: PEDH) established product lines, its Q4 FY09 entrance into the literacy market, its robust product development, and sales/marketing capabilities represent a solid platform for future growth. Although the 12-month target for Peoples Educational Holdings of $2.75 per share represents a 91% increase relative to the Company's current share price, this target is based on relatively modest expectations on a number of measures compared with education industry averages. For example, Peoples Educational Holdings' current price-to-EBITDA and enterprise value-to-EBITDA multiples are 0.9 times and 2.4 times, respectively, while the target is based on projected price-to-EBITDA and enterprise value-to-EBITDA multiple expansion to 1.8 times and of 3.3 times, respectively.

Both of these projected multiples are well below current price-to-EBITDA and enterprise value-to-EBITDA multiples for 18 other leading education companies of approximately 11 times and 10 times, respectively.

The complete 31-page initial report can be downloaded at www.tripointglobalresearch.com : .


About Peoples Educational Holdings, Inc.

Peoples Educational Holdings, Inc. develops, distributes, and markets proprietary supplementary materials for the elementary and secondary (K-12) market and distributes other publishers' products for the college preparation and literacy markets.


About TriPoint Global Research, LLC

TriPoint Global Research, LLC is an independent investment research firm. Its senior analysts are primarily CFAs, and have expertise in many industries. A TriPoint Global Research, LLC research report or note is not intended as an offering or a solicitation of an offer to buy or sell the securities mentioned or discussed. Neither the Firm, its principals, nor the assigned analysts own or trade shares of any company covered.

The Firm does not accept any equity compensation. Anyone may enroll a company for research coverage, which currently costs US $30,000 prepaid for three Research Reports, typically published quarterly, and requisite Research Notes. TriPoint Global Research, LLC received $30,000 from The Company for three Research Reports with coverage commencing on October 17, 2009.



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