Upwork Inc
NASDAQ:UPWK

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Upwork Inc
NASDAQ:UPWK
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Price: 12.705 USD -3.71%
Market Cap: 1.7B USD

Relative Value

The Relative Value of one UPWK stock under the Base Case scenario is 8.753 USD. Compared to the current market price of 12.705 USD, Upwork Inc is Overvalued by 31%.

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.

UPWK Relative Value
Base Case
8.753 USD
Overvaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
27
Median 3Y
2.7
Median 5Y
3.1
Industry
1.2
Forward
2.2
vs History
28
vs Industry
59
Median 3Y
7.9
Median 5Y
-31.6
Industry
18.1
Forward
11.4
vs History
80
vs Industry
39
Median 3Y
19.7
Median 5Y
51.3
Industry
12.1
vs History
19
vs Industry
38
Median 3Y
-10.8
Median 5Y
-11.9
Industry
16.1
vs History
95
vs Industry
29
Median 3Y
4.9
Median 5Y
6.6
Industry
2.2
vs History
79
vs Industry
31
Median 3Y
2.4
Median 5Y
2.8
Industry
1.3
Forward
1.9
vs History
79
vs Industry
47
Median 3Y
3.1
Median 5Y
3.8
Industry
3
vs History
20
vs Industry
14
Median 3Y
-15.6
Median 5Y
-39.4
Industry
9.7
Forward
7.6
vs History
15
vs Industry
17
Median 3Y
-16.1
Median 5Y
-37.2
Industry
12.6
Forward
8.5
vs History
80
vs Industry
42
Median 3Y
17.8
Median 5Y
47.4
Industry
11.5
vs History
65
vs Industry
40
Median 3Y
13.4
Median 5Y
40.5
Industry
13.5
vs History
85
vs Industry
25
Median 3Y
3.4
Median 5Y
4.3
Industry
1.6

Multiples Across Competitors

UPWK Competitors Multiples
Upwork Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Upwork Inc
NASDAQ:UPWK
1.7B USD 2.2 8 18.2 22.3
JP
Recruit Holdings Co Ltd
TSE:6098
11.5T JPY 3.2 30.6 18.7 23.2
US
Robert Half Inc
SWB:RHJ
6.9B EUR 1.3 29.9 23.7 28.9
NL
Randstad NV
AEX:RAND
5.9B EUR 0.2 51.2 7.4 13.7
US
Robert Half International Inc
NYSE:RHI
5B USD 0.9 19.8 15.1 18.4
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 13.1 7.5 10.6
CN
51job Inc
F:IWQ
3.9B EUR 7.1 48.7 38.7 39.5
US
TriNet Group Inc
NYSE:TNET
3.8B USD 0.8 22.1 12.3 15.5
JP
Persol Holdings Co Ltd
TSE:2181
527.2B JPY 0.4 14.7 5.3 8.3
US
Korn Ferry
NYSE:KFY
3.3B USD 1.2 13.2 6.7 8.3
US
Insperity Inc
NYSE:NSP
3.1B USD 0.5 33.4 14.8 20.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Upwork Inc
NASDAQ:UPWK
Average EV/EBITDA: 15.3
18.2
49%
0.4
JP
Recruit Holdings Co Ltd
TSE:6098
18.7
12%
1.6
US
R
Robert Half Inc
SWB:RHJ
23.7
37%
0.6
NL
R
Randstad NV
AEX:RAND
7.4
9%
0.8
US
Robert Half International Inc
NYSE:RHI
15.1
37%
0.4
CH
A
Adecco Group AG
SIX:ADEN
7.5
11%
0.7
CN
5
51job Inc
F:IWQ
38.7
N/A N/A
US
TriNet Group Inc
NYSE:TNET
12.3
11%
1.1
JP
P
Persol Holdings Co Ltd
TSE:2181
5.3
8%
0.7
US
Korn Ferry
NYSE:KFY
6.7
13%
0.5
US
Insperity Inc
NYSE:NSP
14.8
29%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Upwork Inc
NASDAQ:UPWK
Average EV/EBIT: 19
22.3
52%
0.4
JP
Recruit Holdings Co Ltd
TSE:6098
23.2
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
28.9
42%
0.7
NL
R
Randstad NV
AEX:RAND
13.7
21%
0.7
US
Robert Half International Inc
NYSE:RHI
18.4
42%
0.4
CH
A
Adecco Group AG
SIX:ADEN
10.6
15%
0.7
CN
5
51job Inc
F:IWQ
39.5
N/A N/A
US
TriNet Group Inc
NYSE:TNET
15.5
11%
1.4
JP
P
Persol Holdings Co Ltd
TSE:2181
8.3
N/A N/A
US
Korn Ferry
NYSE:KFY
8.3
16%
0.5
US
Insperity Inc
NYSE:NSP
20.4
36%
0.6