We Raise TAL Education's Fair Value Estimate to USD 7

TAL Education, or TAL, repositioned itself as a smart learning solutions provider after regulatory changes in 2021 decimated the K-9 academic afterschool tutoring industry. It has since realigned its business focus toward enrichment learning, learning technology solutions, and content solutions. Enrichment learning offers nonacademic programs to students aged between two and 18 years. Technology solutions are business-oriented and provide enterprise-grade technology products and services to learning institutions. Content solutions offer learning content in both paper and digital formats to students.