ManpowerGroup Greater China Ltd
HKEX:2180

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ManpowerGroup Greater China Ltd Logo
ManpowerGroup Greater China Ltd
HKEX:2180
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Price: 4.24 HKD -1.85% Market Closed
Market Cap: 879.8m HKD

Relative Value

The Relative Value of one ManpowerGroup Greater China Ltd stock under the Base Case scenario is 24.71 HKD. Compared to the current market price of 4.24 HKD, ManpowerGroup Greater China Ltd is Undervalued by 83%.

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.

Relative Value
Base Case
24.71 HKD
Undervaluation 83%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
90
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
vs History
58
vs Industry
61
Median 3Y
8.9
Median 5Y
7.4
Industry
18.7
vs History
20
vs Industry
55
Median 3Y
8.7
Median 5Y
7.3
Industry
12.5
vs History
20
vs Industry
40
Median 3Y
13.7
Median 5Y
10.3
Industry
17
vs History
87
vs Industry
80
Median 3Y
1
Median 5Y
1
Industry
2.3
vs History
vs Industry
95
Median 3Y
0
Median 5Y
0
Industry
1.3
vs History
vs Industry
93
Median 3Y
0.3
Median 5Y
0.1
Industry
3.1
vs History
vs Industry
73
Median 3Y
1.1
Median 5Y
0.2
Industry
9.8
vs History
vs Industry
71
Median 3Y
1.2
Median 5Y
0.2
Industry
12.9
vs History
vs Industry
72
Median 3Y
1.5
Median 5Y
0.5
Industry
11.8
vs History
vs Industry
64
Median 3Y
1.6
Median 5Y
0.5
Industry
13.9
vs History
vs Industry
92
Median 3Y
0.4
Median 5Y
0.6
Industry
1.7

Multiples Across Competitors

Competitors Multiples
ManpowerGroup Greater China Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
ManpowerGroup Greater China Ltd
HKEX:2180
879.8m HKD 0.1 6.4 -0.4 -0.4
JP
Recruit Holdings Co Ltd
TSE:6098
11.3T JPY 3.2 30 18.3 22.7
US
Robert Half Inc
SWB:RHJ
6.4B EUR 1.3 35.6 23.1 28.3
NL
Randstad NV
AEX:RAND
6.2B EUR 0.3 49.3 8.9 19
US
Robert Half International Inc
NYSE:RHI
4.5B USD 0.8 21.9 13.5 16.5
CN
51job Inc
F:IWQ
3.9B EUR 7.3 50.1 40.4 41.1
CH
Adecco Group AG
SIX:ADEN
3.6B CHF 0.2 12.7 7.4 10.5
US
TriNet Group Inc
NYSE:TNET
3.8B USD 0.8 22.1 10.8 13.2
JP
Persol Holdings Co Ltd
TSE:2181
555.3B JPY 0.4 15.5 5.6 8.8
US
Korn Ferry
NYSE:KFY
3.2B USD 1.2 13.1 6.7 8.2
US
Insperity Inc
NYSE:NSP
2.9B USD 0.4 32.3 14 19.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
ManpowerGroup Greater China Ltd
HKEX:2180
Average EV/EBITDA: 14.9
Negative Multiple: -0.4
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
18.3
12%
1.5
US
R
Robert Half Inc
SWB:RHJ
23.1
37%
0.6
NL
R
Randstad NV
AEX:RAND
8.9
10%
0.9
US
Robert Half International Inc
NYSE:RHI
13.5
37%
0.4
CN
5
51job Inc
F:IWQ
40.4
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
7.4
11%
0.7
US
TriNet Group Inc
NYSE:TNET
10.8
6%
1.8
JP
P
Persol Holdings Co Ltd
TSE:2181
5.6
7%
0.8
US
Korn Ferry
NYSE:KFY
6.7
13%
0.5
US
Insperity Inc
NYSE:NSP
14
29%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
ManpowerGroup Greater China Ltd
HKEX:2180
Average EV/EBIT: 18.8
Negative Multiple: -0.4
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
22.7
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
28.3
42%
0.7
NL
R
Randstad NV
AEX:RAND
19
21%
0.9
US
Robert Half International Inc
NYSE:RHI
16.5
42%
0.4
CN
5
51job Inc
F:IWQ
41.1
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
10.5
15%
0.7
US
TriNet Group Inc
NYSE:TNET
13.2
5%
2.6
JP
P
Persol Holdings Co Ltd
TSE:2181
8.8
N/A N/A
US
Korn Ferry
NYSE:KFY
8.2
16%
0.5
US
Insperity Inc
NYSE:NSP
19.3
36%
0.5