A

Adecco Group AG
SIX:ADEN

Watchlist Manager
Adecco Group AG
SIX:ADEN
Watchlist
Price: 27.1 CHF -0.66%
Market Cap: 4.6B CHF

Relative Value

The Relative Value of one ADEN stock under the Base Case scenario is 62.38 CHF. Compared to the current market price of 27.1 CHF, Adecco Group AG 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.

ADEN Relative Value
Base Case
62.38 CHF
Undervaluation 57%
Relative Value
Price
A
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
86
Median 3Y
0.2
Median 5Y
0.3
Industry
1.3
Forward
0.2
vs History
47
vs Industry
39
Median 3Y
15.4
Median 5Y
15.6
Industry
18.8
Forward
10.5
vs History
84
vs Industry
60
Median 3Y
9.4
Median 5Y
9.4
Industry
13.1
vs History
26
vs Industry
41
Median 3Y
11.3
Median 5Y
10.2
Industry
17.3
vs History
79
vs Industry
66
Median 3Y
1.4
Median 5Y
1.6
Industry
2.3
vs History
76
vs Industry
78
Median 3Y
0.3
Median 5Y
0.3
Industry
1.3
Forward
0.3
vs History
58
vs Industry
63
Median 3Y
1.6
Median 5Y
1.6
Industry
3.2
vs History
23
vs Industry
43
Median 3Y
7.8
Median 5Y
7.7
Industry
9.9
Forward
7.6
vs History
17
vs Industry
39
Median 3Y
10.6
Median 5Y
10.5
Industry
12.9
Forward
9.9
vs History
71
vs Industry
44
Median 3Y
13.5
Median 5Y
11.8
Industry
12.3
vs History
71
vs Industry
39
Median 3Y
20.2
Median 5Y
15.1
Industry
14.4
vs History
76
vs Industry
65
Median 3Y
1
Median 5Y
1.1
Industry
1.7

Multiples Across Competitors

ADEN Competitors Multiples
Adecco Group AG Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Adecco Group AG
SIX:ADEN
4.5B CHF 0.2 15.8 8.5 12
JP
Recruit Holdings Co Ltd
TSE:6098
13.6T JPY 3.8 36.1 22.3 27.7
US
Robert Half Inc
SWB:RHJ
8.3B EUR 1.5 35.3 28.3 34.6
NL
Randstad NV
AEX:RAND
7.2B EUR 0.3 63 8.7 16.2
US
Robert Half International Inc
NYSE:RHI
5.5B USD 1 21.9 16.9 20.6
CN
51job Inc
F:IWQ
3.9B EUR 6.9 47.3 37.1 37.8
US
TriNet Group Inc
NYSE:TNET
3.9B USD 0.8 22.6 12.5 15.8
JP
Persol Holdings Co Ltd
TSE:2181
578.4B JPY 0.4 16.1 5.9 9.2
US
Korn Ferry
NYSE:KFY
3.5B USD 1.3 14.5 7.5 9.2
US
Alight Inc
NYSE:ALIT
3.4B USD 1.4 -21.4 11.2 92
US
Insperity Inc
NYSE:NSP
3.3B USD 0.5 36.4 16.3 22.4
P/E Multiple
Earnings Growth PEG
CH
A
Adecco Group AG
SIX:ADEN
Average P/E: 30.9
15.8
27%
0.6
JP
Recruit Holdings Co Ltd
TSE:6098
36.1
21%
1.7
US
R
Robert Half Inc
SWB:RHJ
35.3
27%
1.3
NL
R
Randstad NV
AEX:RAND
63
86%
0.7
US
Robert Half International Inc
NYSE:RHI
21.9
27%
0.8
CN
5
51job Inc
F:IWQ
47.3
N/A N/A
US
TriNet Group Inc
NYSE:TNET
22.6
20%
1.1
JP
P
Persol Holdings Co Ltd
TSE:2181
16.1
18%
0.9
US
Korn Ferry
NYSE:KFY
14.5
23%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -21.4 N/A N/A
US
Insperity Inc
NYSE:NSP
36.4
24%
1.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CH
A
Adecco Group AG
SIX:ADEN
Average EV/EBITDA: 15.9
8.5
11%
0.8
JP
Recruit Holdings Co Ltd
TSE:6098
22.3
12%
1.9
US
R
Robert Half Inc
SWB:RHJ
28.3
37%
0.8
NL
R
Randstad NV
AEX:RAND
8.7
9%
1
US
Robert Half International Inc
NYSE:RHI
16.9
37%
0.5
CN
5
51job Inc
F:IWQ
37.1
N/A N/A
US
TriNet Group Inc
NYSE:TNET
12.5
11%
1.1
JP
P
Persol Holdings Co Ltd
TSE:2181
5.9
8%
0.7
US
Korn Ferry
NYSE:KFY
7.5
13%
0.6
US
Alight Inc
NYSE:ALIT
11.2
18%
0.6
US
Insperity Inc
NYSE:NSP
16.3
29%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CH
A
Adecco Group AG
SIX:ADEN
Average EV/EBIT: 27
12
15%
0.8
JP
Recruit Holdings Co Ltd
TSE:6098
27.7
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
34.6
42%
0.8
NL
R
Randstad NV
AEX:RAND
16.2
21%
0.8
US
Robert Half International Inc
NYSE:RHI
20.6
42%
0.5
CN
5
51job Inc
F:IWQ
37.8
N/A N/A
US
TriNet Group Inc
NYSE:TNET
15.8
11%
1.4
JP
P
Persol Holdings Co Ltd
TSE:2181
9.2
N/A N/A
US
Korn Ferry
NYSE:KFY
9.2
16%
0.6
US
Alight Inc
NYSE:ALIT
92
36%
2.6
US
Insperity Inc
NYSE:NSP
22.4
36%
0.6