TeamLease Services Ltd
NSE:TEAMLEASE

Watchlist Manager
TeamLease Services Ltd Logo
TeamLease Services Ltd
NSE:TEAMLEASE
Watchlist
Price: 2 899.55 INR -1.23% Market Closed
Market Cap: 48.6B INR
Have any thoughts about
TeamLease Services Ltd?
Write Note

Relative Value

The Relative Value of one TEAMLEASE stock under the Base Case scenario is 6 739.76 INR. Compared to the current market price of 2 899.55 INR, TeamLease Services Ltd is Undervalued by 57%.

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.

TEAMLEASE Relative Value
Base Case
6 739.76 INR
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
93
vs Industry
72
Median 3Y
0.6
Median 5Y
0.7
Industry
1.3
Forward
0.4
vs History
65
vs Industry
11
Median 3Y
45.7
Median 5Y
51.6
Industry
19
Forward
35
vs History
79
vs Industry
7
Median 3Y
33.2
Median 5Y
31.6
Industry
13.4
vs History
58
vs Industry
7
Median 3Y
38
Median 5Y
29
Industry
18.3
vs History
73
vs Industry
12
Median 3Y
6.3
Median 5Y
6.8
Industry
2.4
vs History
95
vs Industry
71
Median 3Y
0.5
Median 5Y
0.6
Industry
1.3
Forward
0.4
vs History
vs Industry
6
Median 3Y
0
Median 5Y
0
Industry
3.3
vs History
66
vs Industry
8
Median 3Y
34.5
Median 5Y
37.7
Industry
10.4
Forward
28.3
vs History
49
vs Industry
6
Median 3Y
54.6
Median 5Y
56.5
Industry
12.7
Forward
42.1
vs History
79
vs Industry
7
Median 3Y
29.7
Median 5Y
29.5
Industry
12.6
vs History
69
vs Industry
6
Median 3Y
35.1
Median 5Y
28.5
Industry
14.7
vs History
82
vs Industry
20
Median 3Y
3.4
Median 5Y
3.8
Industry
1.7

Multiples Across Competitors

TEAMLEASE Competitors Multiples
TeamLease Services Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
TeamLease Services Ltd
NSE:TEAMLEASE
48.6B INR 0.5 46.8 33 57
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
18.5T JPY 5.3 51 32.6 41.2
US
Robert Half Inc
SWB:RHJ
11.5B EUR 2 42 38.4 46.8
US
Robert Half International Inc
NYSE:RHI
7.4B USD 1.3 25.9 22.9 28.2
NL
Randstad NV
AEX:RAND
6.9B EUR 0.3 16.1 7.7 12.9
US
TriNet Group Inc
NYSE:TNET
4.4B USD 0.9 16.8 12.3 15
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 20.6 11.3 14.9
US
Alight Inc
NYSE:ALIT
3.7B USD 1.4 -11.2 11.6 79.5
P/E Multiple
Earnings Growth P/E to Growth
IN
TeamLease Services Ltd
NSE:TEAMLEASE
Average P/E: 74 667 451.9
46.8
107%
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
42
4%
11
US
Robert Half International Inc
NYSE:RHI
25.9
4%
6.7
NL
R
Randstad NV
AEX:RAND
16.1
24%
0.7
US
TriNet Group Inc
NYSE:TNET
16.8
-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
20.6
35%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -11.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
TeamLease Services Ltd
NSE:TEAMLEASE
Average EV/EBITDA: 7 664 262.3
33
99%
0.3
JP
Outsourcing Inc
TSE:2427
84 306 673.3
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
32.6
46%
0.7
US
R
Robert Half Inc
SWB:RHJ
38.4
20%
1.9
US
Robert Half International Inc
NYSE:RHI
22.9
20%
1.1
NL
R
Randstad NV
AEX:RAND
7.7
5%
1.5
US
TriNet Group Inc
NYSE:TNET
12.3
-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
11.6
26%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
TeamLease Services Ltd
NSE:TEAMLEASE
Average EV/EBIT: 13 710 856.8
57
155%
0.4
JP
Outsourcing Inc
TSE:2427
150 819 083.2
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
41.2
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
46.8
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
-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
79.5
-91%
N/A

See Also

Discover More
Back to Top