Hays PLC
DUS:HAY

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Hays PLC Logo
Hays PLC
DUS:HAY
Watchlist
Price: 0.975 EUR -1.02% Market Closed
Market Cap: 2.4B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HAY stock under the Base Case scenario is 1.636 EUR. Compared to the current market price of 0.975 EUR, Hays PLC is Undervalued by 40%.

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.

HAY Relative Value
Base Case
1.636 EUR
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.2
P/S
P/S
Price to Sales
0.2
vs History
87
vs Industry
86
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
Forward
0.2
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
40
Median 3Y
11.2
Median 5Y
11.4
Industry
18.7
Forward
40.8
More Details
13.8
P/OCF
P/OCF
Price to OCF
13.8
vs History
25
vs Industry
34
Median 3Y
10.1
Median 5Y
9.7
Industry
12.7
More Details
42.2
P/FCFE
P/FCFE
Price to FCFE
42.2
vs History
9
vs Industry
11
Median 3Y
17.9
Median 5Y
16.6
Industry
16.7
More Details
2.7
P/B
P/B
Price to Book Value
2.7
vs History
3
vs Industry
35
Median 3Y
2.4
Median 5Y
2.4
Industry
2.3
More Details
0.2
EV/S
EV/S
Enterprise Value to Sales
0.2
vs History
76
vs Industry
84
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
Forward
0.2
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
72
Median 3Y
0
Median 5Y
0
Industry
3.2
More Details
17.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.1
vs History
9
vs Industry
18
Median 3Y
6.9
Median 5Y
6.9
Industry
10
Forward
11.4
More Details
77.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
77.2
vs History
9
vs Industry
4
Median 3Y
9.5
Median 5Y
9.8
Industry
13
Forward
24.2
More Details
14.8
EV/OCF
EV/OCF
Enterprise Value to OCF
14.8
vs History
25
vs Industry
30
Median 3Y
9.9
Median 5Y
9.8
Industry
12.1
More Details
18.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
18.6
vs History
15
vs Industry
23
Median 3Y
11.9
Median 5Y
11.3
Industry
14
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
39
vs Industry
35
Median 3Y
2.1
Median 5Y
2.1
Industry
1.7
More Details

Multiples Across Competitors

HAY Competitors Multiples
Hays PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Hays PLC
DUS:HAY
1.3B EUR 0.2 -93.4 17.1 77.2
JP
Recruit Holdings Co Ltd
TSE:6098
13.3T JPY 3.7 35.3 21.7 27
US
Robert Half Inc
SWB:RHJ
8.5B EUR 1.6 36.4 29.2 35.7
NL
Randstad NV
AEX:RAND
6.9B EUR 0.3 60.2 8.4 15.6
US
Robert Half International Inc
NYSE:RHI
5.5B USD 1 21.9 16.9 20.6
CH
Adecco Group AG
SIX:ADEN
4.6B CHF 0.2 15.8 8.5 12.1
CN
51job Inc
F:IWQ
3.9B EUR 6.9 47.6 37.4 38.2
US
TriNet Group Inc
NYSE:TNET
3.9B USD 0.8 22.6 12.5 15.8
JP
Persol Holdings Co Ltd
TSE:2181
560.4B JPY 0.4 15.6 5.7 8.9
US
Korn Ferry
NYSE:KFY
3.5B USD 1.3 14.4 7.4 9.2
US
Alight Inc
NYSE:ALIT
3.2B USD 1.4 -20.4 10.9 89.2
P/E Multiple
Earnings Growth PEG
UK
Hays PLC
DUS:HAY
Average P/E: 30
Negative Multiple: -93.4 		N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
35.3
19%
1.9
US
R
Robert Half Inc
SWB:RHJ
36.4
27%
1.3
NL
R
Randstad NV
AEX:RAND
60.2
87%
0.7
US
Robert Half International Inc
NYSE:RHI
21.9
27%
0.8
CH
A
Adecco Group AG
SIX:ADEN
15.8
24%
0.7
CN
5
51job Inc
F:IWQ
47.6
N/A N/A
US
TriNet Group Inc
NYSE:TNET
22.6
20%
1.1
JP
P
Persol Holdings Co Ltd
TSE:2181
15.6
18%
0.9
US
Korn Ferry
NYSE:KFY
14.4
24%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -20.4 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Hays PLC
DUS:HAY
Average EV/EBITDA: 16
17.1
18%
0.9
JP
Recruit Holdings Co Ltd
TSE:6098
21.7
12%
1.8
US
R
Robert Half Inc
SWB:RHJ
29.2
37%
0.8
NL
R
Randstad NV
AEX:RAND
8.4
9%
0.9
US
Robert Half International Inc
NYSE:RHI
16.9
37%
0.5
CH
A
Adecco Group AG
SIX:ADEN
8.5
11%
0.8
CN
5
51job Inc
F:IWQ
37.4
N/A N/A
US
TriNet Group Inc
NYSE:TNET
12.5
11%
1.1
JP
P
Persol Holdings Co Ltd
TSE:2181
5.7
8%
0.7
US
Korn Ferry
NYSE:KFY
7.4
13%
0.6
US
Alight Inc
NYSE:ALIT
10.9
18%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Hays PLC
DUS:HAY
Average EV/EBIT: 31.7
77.2
31%
2.5
JP
Recruit Holdings Co Ltd
TSE:6098
27
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
35.7
42%
0.8
NL
R
Randstad NV
AEX:RAND
15.6
21%
0.7
US
Robert Half International Inc
NYSE:RHI
20.6
42%
0.5
CH
A
Adecco Group AG
SIX:ADEN
12.1
15%
0.8
CN
5
51job Inc
F:IWQ
38.2
N/A N/A
US
TriNet Group Inc
NYSE:TNET
15.8
11%
1.4
JP
P
Persol Holdings Co Ltd
TSE:2181
8.9
N/A N/A
US
Korn Ferry
NYSE:KFY
9.2
16%
0.6
US
Alight Inc
NYSE:ALIT
89.2
36%
2.5

See Also

Summary
HAY intrinsic value, competitors valuation, and company profile.
DCF Valuation
HAY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HAY stock valuation using valuation multiples.
Wall Street Estimates
HAY 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
HAY 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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