TriNet Group Inc
SWB:TN3

Watchlist Manager
TriNet Group Inc Logo
TriNet Group Inc
SWB:TN3
Watchlist
Price: 64.5 EUR -2.27%
Market Cap: 3.3B EUR

Relative Value

The Relative Value of one TN3 stock under the Base Case scenario is 60.86 EUR. Compared to the current market price of 64.5 EUR, TriNet Group Inc is Overvalued by 6%.

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.

TN3 Relative Value
Base Case
60.86 EUR
Overvaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
60
Median 3Y
1
Median 5Y
1.1
Industry
1.2
Forward
0.8
vs History
7
vs Industry
27
Median 3Y
15.9
Median 5Y
16.3
Industry
18.1
Forward
19
vs History
25
vs Industry
34
Median 3Y
13.1
Median 5Y
11.1
Industry
12.1
vs History
4
vs Industry
6
Median 3Y
10.8
Median 5Y
10.6
Industry
16.1
vs History
14
vs Industry
0
Median 3Y
32.2
Median 5Y
7.6
Industry
2.2
vs History
88
vs Industry
54
Median 3Y
1.1
Median 5Y
1.1
Industry
1.3
Forward
0.9
vs History
80
vs Industry
30
Median 3Y
5.5
Median 5Y
5.5
Industry
3
vs History
23
vs Industry
27
Median 3Y
11.4
Median 5Y
11.1
Industry
9.7
Forward
11
vs History
12
vs Industry
29
Median 3Y
13.2
Median 5Y
13.1
Industry
12.6
Forward
16.1
vs History
22
vs Industry
25
Median 3Y
14
Median 5Y
11.6
Industry
11.5
vs History
22
vs Industry
19
Median 3Y
16.7
Median 5Y
13.2
Industry
13.5
vs History
95
vs Industry
55
Median 3Y
1.8
Median 5Y
2
Industry
1.6

Multiples Across Competitors

TN3 Competitors Multiples
TriNet Group Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
TriNet Group Inc
SWB:TN3
3.9B EUR 0.8 22.3 12.3 15.5
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
6B EUR 0.2 51.2 7.4 13.8
US
Robert Half International Inc
NYSE:RHI
5.3B USD 0.9 20.9 16 19.6
CN
51job Inc
F:IWQ
3.9B EUR 7.1 48.7 38.7 39.5
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 13 7.5 10.7
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 13.6 6.9 8.6
US
Insperity Inc
NYSE:NSP
3.1B USD 0.5 34.3 15.1 20.8
US
Alight Inc
NYSE:ALIT
2.9B USD 1.2 -18.4 10.2 83.5
P/E Multiple
Earnings Growth PEG
US
TriNet Group Inc
SWB:TN3
Average P/E: 27.9
22.3
20%
1.1
JP
Recruit Holdings Co Ltd
TSE:6098
30.6
17%
1.8
US
R
Robert Half Inc
SWB:RHJ
29.9
27%
1.1
NL
R
Randstad NV
AEX:RAND
51.2
87%
0.6
US
Robert Half International Inc
NYSE:RHI
20.9
27%
0.8
CN
5
51job Inc
F:IWQ
48.7
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
13
24%
0.5
JP
P
Persol Holdings Co Ltd
TSE:2181
14.7
18%
0.8
US
Korn Ferry
NYSE:KFY
13.6
24%
0.6
US
Insperity Inc
NYSE:NSP
34.3
24%
1.4
US
Alight Inc
NYSE:ALIT
Negative Multiple: -18.4 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
TriNet Group Inc
SWB:TN3
Average EV/EBITDA: 14.7
12.3
11%
1.1
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
16
37%
0.4
CN
5
51job Inc
F:IWQ
38.7
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
7.5
11%
0.7
JP
P
Persol Holdings Co Ltd
TSE:2181
5.3
8%
0.7
US
Korn Ferry
NYSE:KFY
6.9
13%
0.5
US
Insperity Inc
NYSE:NSP
15.1
29%
0.5
US
Alight Inc
NYSE:ALIT
10.2
18%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
TriNet Group Inc
SWB:TN3
Average EV/EBIT: 24.8
15.5
11%
1.4
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
13.8
21%
0.7
US
Robert Half International Inc
NYSE:RHI
19.6
42%
0.5
CN
5
51job Inc
F:IWQ
39.5
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
10.7
15%
0.7
JP
P
Persol Holdings Co Ltd
TSE:2181
8.3
N/A N/A
US
Korn Ferry
NYSE:KFY
8.6
16%
0.5
US
Insperity Inc
NYSE:NSP
20.8
36%
0.6
US
Alight Inc
NYSE:ALIT
83.5
36%
2.3