Skillsoft Corp.

SKIL
About the company

Skillsoft Corp. provides skills management platform and associated learning solutions in the United States, Other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Talent Development Solutions and Global Knowledge. The company offers Skills Management Platform which provides organizations with subscription-based access to learning and workforce capability development tools; and Learner Platform that offers interactive and practice-based technology skill development experiences for individual learners.

Country: United StatesPrice: $2.96Market Cap: $26.9M

Investment snapshot

6%positive consensus
Scored 1d ago

Positive

1

BUY / PASS

Neutral / negative

2 / 13

NEUTRAL / FAIL

Median fair value

$25.48

+760.6% vs price

Models with upside

2 / 17

Positive margin of safety

Strongest signal

SKIL undervalued: all 2 models price fair value above $2.96 (median $25.48)

Key risk

No clean pass — all 16 investors flag at least one profitability criterion

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL.

Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.

MetricGraham

Defensive Value

Buffett

Quality Compounder

Lynch

GARP

Greenblatt

Magic Formula

Piotroski

F-Score

Dreman

Contrarian Value

Munger

Quality Focus

Pabrai

Dhandho Framework

Akre

Three-Legged Stool

Marks

Risk-Aware Value

Ackman

Activist Value

Templeton

Global Bargain Hunter

Sleep

Scale Economies Shared

Asness

Systematic Factors

Neff

Low-P/E Total Return

Schloss

Asset-Value Discipline

O'Shaughnessy

Systematic Factor Composite

VerdictFAILFAILFAILNot rankedPASSFAILFAILFAILFAILFAILFAILFAILFAILNEUTRALFAILFAILNEUTRAL
Score
AnalysisChecking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…
Intrinsic Value (annual)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of SafetyN/AN/AN/AN/AN/AN/A+88.8%N/AN/AN/A+87.9%N/AN/AN/AN/AN/AN/A
Financial Basis

TTM ended 2026-07-31 · Balance sheet at 2026-07-31 · Annual history · FY 2025

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · Balance sheet at 2026-07-31 · TTM ended 2026-07-31 vs 2025-07-31 · TTM ended 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-04-07

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-04-07

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-07-31 · Balance sheet at 2026-07-31 · Market data at 2026-11-01

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-07-31 · Balance sheet at 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025

Latest source filing: 2026-04-07

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment · TTM ended 2026-07-31 · Balance sheet at 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-07-31 · Qualitative assessment

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-07-31 · Balance sheet at 2026-07-31 · Market data at 2026-11-01

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · Price history 2026-08-01–2026-11-01 · Balance sheet at 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-04-07

Score computed: 2026-11-14

TTM ended 2026-07-31 · Balance sheet at 2026-07-31 · Price history 2026-08-01–2026-11-01 · Annual history · FY 2025

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Annual history · FY 2025 · Balance sheet at 2026-07-31

Latest source filing: 2026-09-09

Score computed: 2026-11-14

TTM ended 2026-07-31 · Annual history · FY 2025 · Price history 2026-08-01–2026-11-01

Latest source filing: 2026-09-09

Score computed: 2026-11-14

Where It Passes

  • Valuation models100% pass✓ 2▾

    SKIL undervalued: all 2 models price fair value above $2.96 (median $25.48)

    Munger fair value$26.53
    ✓Munger+88.8% margin vs $2.96
    Ackman fair value$24.42
    ✓Ackman+87.9% margin vs $2.96
  • Cash Flow60% pass✓ 8✗ 4▾

    6 of 10 pass — Buffett, Lynch, Marks +1 more object

    Free Cash Flow Proxy$-139.8M
    ✗BuffettPositive and growing
    FCF Positive and Growing$22.1M
    ✗LynchPositive and growing
    Operating Cash Flow$25.1M
    ✓PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=2.60%, ROA=-14.52%
    ✓PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)1.0x
    ✓Dreman< 8x
    P/E or FCF YieldFCF Yield=86.4%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive2/5 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap85.0%
    ✓Ackman>= 4%
    Price / FCF per Share1.1x
    ✓Ackman<= 25
    Positive Operating Cash Flow frequency3/6 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating Cash Flow - Capital Expenditures$22.1M
    ✓Neff> $0 (app proxy for a strong fundamental case)
    (Operating cash flow - capex) / market capitalization+82.12%; #67/4519 (top 1.5%)
    ✓OshaughnessyTop 10% of eligible cross-section

Where It Falls Short

  • Profitability0% pass✓ 4✗ 31▾

    No clean pass — all 16 investors flag at least one profitability criterion

    Positive EPS (10 years)0/8 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Net Income Positive (10+ years)0/8 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)-126.3%
    ✗Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)-17.5% (latest)
    ✓BuffettStable or rising over 10 years
    Free Cash Flow Proxy$-139.8M
    ✗BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROEN/A (negative equity)
    ✗Lynch> 15%
    EBIT / Enterprise Value-17.8%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-17.8%, ROC=N/A (invested capital <= 0)
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets-14.52%
    ✗PiotroskiROA > 0
    ROA Change YoY-11.02% -> -14.52% (delta: -3.50%)
    ✗PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=2.60%, ROA=-14.52%
    ✓PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY74.6% -> 73.7%
    ✗PiotroskiImproved YoY
    Pre-Tax Income / Revenue-25.6%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity
    ✗Dreman> 12%
    Margin of Safety
    ✗PabraiP/B < 1.5 or P/E < 15
    Return on Equity-145.4% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Positive Net Income Frequency0/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue-14.2%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity
    ✗Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend-55.8% (2023) -> -17.5% (2025)
    ✓TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trendgross margin 72.3% -> 73.7%, operating margin -55.8% -> -17.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization-606.85%; #5966/6340 (top 94.1%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets+39.25%; #975/3702 (top 26.3%)
    ✓AsnessTop 30% of eligible cross-section
    Net income / positive book equity
    ✗AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA-0.1299; #3796/5884 (top 64.5%)
    ✗AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Debt & Leverage0% pass✗ 15▾

    All 12 investors flag SKIL's debt & leverage

    LT Debt vs Net Current AssetsLT Debt $567.2M vs NCA $-31.3M
    ✗GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: N/A (negative equity), IC: -1.1x
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / EquityN/A (negative equity)
    ✗Lynch< 0.33
    Cash - Long-term Debt$-476.9M
    ✗LynchPositive preferred
    LT Debt / Total Assets Change51.83% -> 59.26%
    ✗PiotroskiDecreased YoY
    Current Assets / Current Liabilities0.87
    ✗Dreman> 1.5✗SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity
    ✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00x
    Debt LevelsN/A (non-positive equity)
    ✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDAIC=-1.1x, D/EBITDA=N/A
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity
    ✗Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)
    ✗AsnessTop 30% of eligible cross-section
  • Growth0% pass✓ 1✗ 12▾

    No clean pass — all 8 investors flag at least one growth criterion

    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthN/A (no inventory)
    ✓LynchInventory growth < Revenue growth
    EPS Growth Direction
    ✗DremanPositive over recent years
    EPS CAGR
    ✗Dreman> 5% annualized
    Positive Net Income Frequency0/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth-3.5%
    ✗Ackman>= 5%
    Positive EPS Growth Frequency
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trendgross margin 72.3% -> 73.7%, operating margin -55.8% -> -17.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR
    ✗SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
  • Verdicts7% pass✓ 1✗ 13▾

    Split decision: 13 FAIL · 2 NEUTRAL · 1 PASS

    Overall verdict
    ✗GrahamFAIL (1/9)✗BuffettFAIL (1/9)✗LynchFAIL (1/7)•GreenblattNot ranked✓PiotroskiPASS (F-Score 4)✗DremanFAIL (1/11)✗MungerFAIL (0/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (0/5)✗AckmanFAIL (2/9)✗TempletonFAIL (2/8)✗SleepFAIL (1/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (1/6)✗SchlossFAIL (0/7)•OshaughnessyNEUTRAL (Not ranked)
  • Efficiency13% pass✓ 2✗ 9▾

    7 of 8 flag SKIL's efficiency — Graham, Buffett, Greenblatt +4 more

    Current Ratio0.87
    ✗Graham>= 2.0
    ROIC (3-5 yr avg)-26.0%
    ✗Buffett> 10%
    ROIC - WACC-36.0%
    ✗BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)N/A (invested capital <= 0)
    ✗Greenblatt> 25%
    Current Ratio Change YoY0.88 -> 0.89
    ✓PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.48x -> 0.53x
    ✓PiotroskiImproved YoY
    Current Assets / Current Liabilities0.87
    ✗Dreman> 1.5
    Return on Invested Capital-10.6%
    ✗Munger> 15%
    ROIC (high and growing)FY2023: ROIC=-30.9%; FY2024: ROIC=-8.2%; FY2025: ROIC=-12.9%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROICN/A (non-positive net income)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)0/4 years above 12% (latest -12.9%)
    ✗SleepROIC > 12% in a majority of years
  • Valuation15% pass✓ 5✗ 23▾

    11 of 13 flag SKIL's valuation — Graham, Lynch, Greenblatt +8 more

    Price / 3-yr avg EPS
    ✗Graham<= 15x
    Price-to-Book Ratio
    ✗Graham<= 1.5x
    P/E x P/B
    ✗Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise Value-17.8%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-17.8%, ROC=N/A (invested capital <= 0)
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Price / EPS
    ✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)
    Price / (CFO / Shares)1.0x
    ✓Dreman< 8x
    Price / Book Value per ShareN/A (negative BVPS)
    ✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)
    Valuation ReasonablenessOE Yield=-536.8%
    ✗MungerP/E < 25 or Owner Earnings Yield > 5%
    P/E or FCF YieldFCF Yield=86.4%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    P/B or P/E vs. Historical Average
    ✗MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Price / FCF per Share1.1x
    ✓Ackman<= 25
    Price vs. Trailing Low
    ✗Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization-606.85%; #5966/6340 (top 94.1%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization-3.4630; #6191/6449 (top 96.0%)
    ✗AsnessTop 30% of eligible cross-section
    Price / Diluted EPS
    ✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)
    (EPS CAGR % + Dividend Yield %) / P/E
    ✗Neff> 0.7 (Neff's published traditional edge)
    Price / Tangible Book Value per ShareN/A (non-positive TBVPS)
    ✗SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change
    ✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+16.7944; #233/5247 (top 4.4%)
    ✓OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization+82.12%; #67/4519 (top 1.5%)
    ✓OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date
    ✗OshaughnessyTop 10% of eligible cross-section

Business & financials

Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.

Company Profile

Industry: Business Services
Size: Micro Cap($26.9M)
Revenue: $512.7M-3.5% YoY
Net Income: $139.8M-14.7% YoY

Financial Snapshot

Operating Margin-17.5%
Return on Equity462.6%
Debt / Equity-19.09
Current Ratio0.89
Buybacks (1y)$0
Buybacks (2y)$0
Shares Retired−5.8% / −8.9% 2y

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Shareholder Return

Fiscal 2025

Issued 5.8% of shares last year, 8.9% issued over two.

Buybacks
$0
Dividends
—

Company Financials

Latest TTM and quarters alongside annual years

TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.

The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.

MetricTTM · 2026-07-31

2025-08-01 – 2026-07-31

Sources · derived quarter values

Derived from cumulative filings: operating cash flow, depreciation amortization, capex, revenue, net income, operating income, ebit, pre tax income, interest expense.

Q2 FY 2027

2026-05-01 – 2026-07-31

Sources · derived quarter values

Derived from cumulative filings: operating cash flow, depreciation amortization, capex.

Q1 FY 2027

2026-02-01 – 2026-04-30

Sources
FY 2025
Sources
  • 10-K · 2026-04-07
FY 2024
Sources
  • 10-K · 2025-04-14
FY 2023
Sources
  • 10-K · 2024-04-15
FY 2022
Sources
  • 10-K · 2023-04-14
FY 2021
Sources
  • 10-K · 2022-04-18
Market Cap$26.9Mcurrent----$57.8Mest.--------
Revenue$452.4M↓14%$98.2M↓24%$94.5M↓24%$512.7M↓3%$531.0M↓4%$553.2M$555.1M--
Operating Income-$64.4M↓14%$3.4M↑129%-$8.3M↑54%-$89.5M↓29%-$69.6M↑77%-$308.6M↑62%-$804.1M--
Net Income-$163.5M↓40%-$42.4M↓78%-$43.1M↓13%-$139.8M↓15%-$121.9M↑65%-$349.3M↑52%-$725.0M--
EPS (Diluted)----------------
Gross Margin———73.7%↓1%74.6%↑3%72.3%72.6%—
Operating Margin-14.2%↓32%3.4%↑137%-8.8%↑40%-17.5%↓33%-13.1%↑76%-55.8%↑61%-144.9%—
ROE175.2%↑164%——462.6%↑456%-129.9%↑24%-169.9%↓25%-136.3%—
Total Debt$573.6M↓1%$573.6M↓1%$574.6M↓1%$577.2M$579.7M↓1%$583.9M↓1%$588.2M↑26%$467.0M
Shareholders' Equity-$93.3M↓320%-$93.3M↓320%-$72.8M↓216%-$30.2M↓132%$93.8M↓54%$205.6M↓61%$531.8M↓50%$1.1B
Current Ratio0.87↑2%0.87↑2%0.91↑7%0.89↑1%0.88↓5%0.93↓2%0.95↑22%0.78
Debt / Equity-6.15↓145%-6.15↓145%-7.89↓185%-19.09↓409%6.18↑117%2.84↑157%1.11↑151%0.44
Operating Cash Flow$23.5M↓41%-$17.1M↑4%$28.9M↓8%$25.1M↓16%$30.0M↑963%$2.8M↑113%-$20.9M--
Free Cash Flow$22.1M↓41%-$17.4M↑6%$28.5M↓7%$23.3M↓18%$28.4M↑2181%-$1.4M↑95%-$25.8M--

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Business Services

SKIL vs Peers — Financial Grading

Revenue$512.7MBottom 25%
Net Income$139.8MBottom 25%
ROE462.6%Top 25%
D/E-19.09Top 25%
Op. Margin-17.5%Bottom 25%
Curr. Ratio0.89Bottom 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
AUTOMATIC DATA PROCESSING INCADP$122.3B$309.93$21.9B$4.4B73.2%0.8224.2%1.054/95/93/70/3F-Score 65/11
ELECTRONIC ARTS INC.EA$52.9B$209.70$7.5B$887.0M13.1%0.2215.4%1.051/94/94/70/3F-Score 66/11
Rubrik, Inc.RBRK$22.6B$109.88$1.3B$348.8M67.1%—-26.2%1.691/90/92/70/3F-Score 62/11
AECOMACM$9.1B$70.50$16.1B$561.8M22.5%1.096.4%1.141/93/93/71/3F-Score 82/11
COMMVAULT SYSTEMS INCCVLT$6.2B$152.07$1.2B$70.7M942.8%—6.3%1.951/92/94/70/3F-Score 66/11
WPP plcWPP$6.0B$27.79$18.2B$289.5M-8.5%1.942.8%0.891/92/91/70/3F-Score 32/11
VARONIS SYSTEMS INCVRNS$5.6B$48.94$623.5M$129.3M-21.6%0.76-23.5%1.971/90/91/70/3F-Score 51/11
ROBERT HALF INC.RHI$4.3B$42.00$5.4B$133.0M10.4%—1.4%1.532/95/91/70/3F-Score 52/11