S

Smartgroup Corporation Ltd
ASX:SIQ

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Smartgroup Corporation Ltd
ASX:SIQ
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Price: 7.62 AUD 0.66% Market Closed
Market Cap: 1B AUD
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Relative Value

The Relative Value of one SIQ stock under the Base Case scenario is 8.76 AUD. Compared to the current market price of 7.62 AUD, Smartgroup Corporation Ltd is Undervalued by 13%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SIQ Relative Value
Base Case
8.76 AUD
Undervaluation 13%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

3.5
P/S
P/S
Price to Sales
3.5
vs History
65
vs Industry
17
Median 3Y
4.1
Median 5Y
3.8
Industry
1.3
Forward
3.2
More Details
14.7
P/E
P/E
Price to Earnings
14.7
vs History
60
vs Industry
40
Median 3Y
16.4
Median 5Y
16.2
Industry
19
Forward
13.4
More Details
13.4
P/OCF
P/OCF
Price to OCF
13.4
vs History
44
vs Industry
27
Median 3Y
14.5
Median 5Y
13.4
Industry
13.4
More Details
15.2
P/FCFE
P/FCFE
Price to FCFE
15.2
vs History
53
vs Industry
36
Median 3Y
15.9
Median 5Y
15.9
Industry
18.3
More Details
4.1
P/B
P/B
Price to Book Value
4.1
vs History
30
vs Industry
19
Median 3Y
4.1
Median 5Y
3.5
Industry
2.4
More Details
3.7
EV/S
EV/S
Enterprise Value to Sales
3.7
vs History
58
vs Industry
15
Median 3Y
4.2
Median 5Y
3.9
Industry
1.3
Forward
3.4
More Details
3.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.9
vs History
58
vs Industry
31
Median 3Y
4.3
Median 5Y
4
Industry
3.3
More Details
10.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.5
vs History
58
vs Industry
31
Median 3Y
11.5
Median 5Y
11.1
Industry
10.4
Forward
8.9
More Details
10.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.5
vs History
58
vs Industry
39
Median 3Y
11.5
Median 5Y
11.1
Industry
12.7
Forward
9.8
More Details
14.1
EV/OCF
EV/OCF
Enterprise Value to OCF
14.1
vs History
39
vs Industry
25
Median 3Y
14.8
Median 5Y
13.7
Industry
12.6
More Details
20.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
20.7
vs History
22
vs Industry
24
Median 3Y
18.9
Median 5Y
15.1
Industry
14.7
More Details
2.2
EV/IC
EV/IC
Enterprise Value to IC
2.2
vs History
65
vs Industry
21
Median 3Y
2.6
Median 5Y
2.4
Industry
1.7
More Details

Multiples Across Competitors

SIQ Competitors Multiples
Smartgroup Corporation Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Smartgroup Corporation Ltd
ASX:SIQ
988.8m AUD 3.5 14.7 10.5 10.5
JP
Outsourcing Inc
TSE:2427
3 854 332.4T JPY 5 141 797.4 746 674 240.5 84 306 673.3 150 819 083.2
JP
Recruit Holdings Co Ltd
TSE:6098
17.9T JPY 5.3 51 31.5 39.9
US
Robert Half Inc
SWB:RHJ
11.4B EUR 2 41.7 38.1 46.5
US
Robert Half International Inc
NYSE:RHI
7.4B USD 1.3 26.1 23.1 28.2
NL
Randstad NV
AEX:RAND
6.9B EUR 0.3 16.2 7.7 12.9
US
TriNet Group Inc
NYSE:TNET
4.5B USD 0.9 17 12.4 15.1
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 13.2 6.8 9.3
CN
51job Inc
F:IWQ
3.9B EUR 6.7 46.1 35.7 36.4
US
ASGN Inc
NYSE:ASGN
3.8B USD 0.9 20.7 11.3 14.9
US
Alight Inc
NYSE:ALIT
3.7B USD 1.4 -11.4 11.7 80.4
P/E Multiple
Earnings Growth P/E to Growth
AU
S
Smartgroup Corporation Ltd
ASX:SIQ
Average P/E: 74 667 448.7
14.7
37%
0.4
JP
Outsourcing Inc
TSE:2427
746 674 240.5
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
51
72%
0.7
US
R
Robert Half Inc
SWB:RHJ
41.7
4%
10.9
US
Robert Half International Inc
NYSE:RHI
26.1
4%
6.8
NL
R
Randstad NV
AEX:RAND
16.2
24%
0.7
US
TriNet Group Inc
NYSE:TNET
17
-11%
N/A
CH
A
Adecco Group AG
SIX:ADEN
13.2
96%
0.1
CN
5
51job Inc
F:IWQ
46.1
N/A N/A
US
ASGN Inc
NYSE:ASGN
20.7
35%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -11.4 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
S
Smartgroup Corporation Ltd
ASX:SIQ
Average EV/EBITDA: 7 664 260.2
10.5
50%
0.2
JP
Outsourcing Inc
TSE:2427
84 306 673.3
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
31.5
46%
0.7
US
R
Robert Half Inc
SWB:RHJ
38.1
20%
1.9
US
Robert Half International Inc
NYSE:RHI
23.1
20%
1.1
NL
R
Randstad NV
AEX:RAND
7.7
5%
1.6
US
TriNet Group Inc
NYSE:TNET
12.4
-7%
N/A
CH
A
Adecco Group AG
SIX:ADEN
6.8
13%
0.5
CN
5
51job Inc
F:IWQ
35.7
N/A N/A
US
ASGN Inc
NYSE:ASGN
11.3
14%
0.8
US
Alight Inc
NYSE:ALIT
11.7
26%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
S
Smartgroup Corporation Ltd
ASX:SIQ
Average EV/EBIT: 13 710 852.5
10.5
36%
0.3
JP
Outsourcing Inc
TSE:2427
150 819 083.2
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
39.9
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
46.5
21%
2.2
US
Robert Half International Inc
NYSE:RHI
28.2
21%
1.3
NL
R
Randstad NV
AEX:RAND
12.9
18%
0.7
US
TriNet Group Inc
NYSE:TNET
15.1
-20%
N/A
CH
A
Adecco Group AG
SIX:ADEN
9.3
21%
0.4
CN
5
51job Inc
F:IWQ
36.4
N/A N/A
US
ASGN Inc
NYSE:ASGN
14.9
9%
1.7
US
Alight Inc
NYSE:ALIT
80.4
-91%
N/A

See Also

Summary
SIQ intrinsic value, competitors valuation, and company profile.
DCF Valuation
SIQ stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SIQ stock valuation using valuation multiples.
Wall Street Estimates
SIQ price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SIQ stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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