MANPOWERGROUP INC (MAN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MAN - US56418H1005 - Common Stock
29.36 USD
+0.82 (+2.87%)
29.36 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MAN. MAN was compared to 87 industry peers in the Professional Services industry. Both the profitability and financial health of MAN have multiple concerns. MAN has a valuation in line with the averages, but on the other hand it scores bad on growth. MAN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MAN was profitable.
MAN had a negative operating cash flow in the past year.
In the past 5 years MAN has always been profitable.
In the past 5 years MAN always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -0.25%, MAN perfoms like the industry average, outperforming 41.38% of the companies in the same industry.
MAN's Return On Equity of -1.04% is in line compared to the rest of the industry. MAN outperforms 41.38% of its industry peers.
MAN has a Return On Invested Capital of 6.61%. This is comparable to the rest of the industry: MAN outperforms 54.02% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MAN is below the industry average of 12.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.25% | ||
| ROE | -1.04% | ||
| ROIC | 6.61% |
ROA(3y)2.29%
ROA(5y)2.2%
ROE(3y)8.7%
ROE(5y)8.45%
ROIC(3y)9.54%
ROIC(5y)9.39%
1.3 Margins
MAN's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 1.58%, MAN is in line with its industry, outperforming 40.23% of the companies in the same industry.
MAN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 16.92%, MAN is doing worse than 79.31% of the companies in the same industry.
MAN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.58% | ||
| PM (TTM) | N/A | ||
| GM | 16.92% |
OM growth 3Y-12.76%
OM growth 5Y-10.46%
PM growth 3Y-23.89%
PM growth 5Y-18.31%
GM growth 3Y1.68%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MAN is creating some value.
The number of shares outstanding for MAN has been reduced compared to 1 year ago.
The number of shares outstanding for MAN has been reduced compared to 5 years ago.
Compared to 1 year ago, MAN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.94 indicates that MAN is not a great score, but indicates only limited risk for bankruptcy at the moment.
MAN has a Altman-Z score (2.94) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.23 indicates that MAN is not too dependend on debt financing.
MAN has a Debt to Equity ratio of 0.23. This is comparable to the rest of the industry: MAN outperforms 54.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.94 |
ROIC/WACC0.77
WACC8.6%
2.3 Liquidity
MAN has a Current Ratio of 1.00. This is a bad value and indicates that MAN is not financially healthy enough and could expect problems in meeting its short term obligations.
MAN's Current ratio of 1.00 is on the low side compared to the rest of the industry. MAN is outperformed by 78.16% of its industry peers.
A Quick Ratio of 1.00 indicates that MAN may have some problems paying its short term obligations.
With a Quick ratio value of 1.00, MAN is not doing good in the industry: 78.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for MAN have decreased strongly by -38.35% in the last year.
The Earnings Per Share has been decreasing by -9.54% on average over the past years.
Looking at the last year, MAN shows a decrease in Revenue. The Revenue has decreased by -2.44% in the last year.
Measured over the past years, MAN shows a decrease in Revenue. The Revenue has been decreasing by -3.07% on average per year.
EPS 1Y (TTM)-38.35%
EPS 3Y-14.42%
EPS 5Y-9.54%
EPS Q2Q%-35.66%
Revenue 1Y (TTM)-2.44%
Revenue growth 3Y-4.85%
Revenue growth 5Y-3.07%
Sales Q2Q%2.3%
3.2 Future
Based on estimates for the next years, MAN will show a very strong growth in Earnings Per Share. The EPS will grow by 26.51% on average per year.
MAN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.21% yearly.
EPS Next Y-36.27%
EPS Next 2Y-8.6%
EPS Next 3Y6.12%
EPS Next 5Y26.51%
Revenue Next Year0.08%
Revenue Next 2Y1.83%
Revenue Next 3Y2.55%
Revenue Next 5Y3.21%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.56, the valuation of MAN can be described as very reasonable.
MAN's Price/Earnings ratio is rather cheap when compared to the industry. MAN is cheaper than 88.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, MAN is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.72, the valuation of MAN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MAN indicates a rather cheap valuation: MAN is cheaper than 88.51% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, MAN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.56 | ||
| Fwd PE | 7.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MAN indicates a rather cheap valuation: MAN is cheaper than 88.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.19 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.6%
EPS Next 3Y6.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.12%, MAN is a good candidate for dividend investing.
The stock price of MAN dropped by -23.52% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
MAN's Dividend Yield is rather good when compared to the industry average which is at 3.77. MAN pays more dividend than 91.95% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, MAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
5.2 History
The dividend of MAN is nicely growing with an annual growth rate of 7.20%!
MAN has been paying a dividend for at least 10 years, so it has a reliable track record.
MAN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.2%
Div Incr Years14
Div Non Decr Years30
5.3 Sustainability
MAN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of MAN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-502.86%
EPS Next 2Y-8.6%
EPS Next 3Y6.12%
29.36
+0.82 (+2.87%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners111.72%
Inst Owner Change5.18%
Ins Owners1.53%
Ins Owner Change0%
Market Cap1.36B
Revenue(TTM)17.64B
Net Income(TTM)-21.00M
Analysts67.5
Price Target42.84 (45.91%)
Short Float %11.25%
Short Ratio4.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
Yearly Dividend3.06
Dividend Growth(5Y)7.2%
DP-502.86%
Div Incr Years14
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7%
Min EPS beat(2)1.14%
Max EPS beat(2)12.86%
EPS beat(4)3
Avg EPS beat(4)1.13%
Min EPS beat(4)-12.39%
Max EPS beat(4)12.86%
EPS beat(8)6
Avg EPS beat(8)3.31%
EPS beat(12)7
Avg EPS beat(12)1.68%
EPS beat(16)10
Avg EPS beat(16)2.83%
Revenue beat(2)1
Avg Revenue beat(2)1.15%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)2.55%
Revenue beat(4)2
Avg Revenue beat(4)0.73%
Min Revenue beat(4)-1.62%
Max Revenue beat(4)2.55%
Revenue beat(8)3
Avg Revenue beat(8)0.07%
Revenue beat(12)4
Avg Revenue beat(12)-0.32%
Revenue beat(16)5
Avg Revenue beat(16)-0.78%
PT rev (1m)-1.05%
PT rev (3m)-13.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.56 | ||
| Fwd PE | 7.72 | ||
| P/S | 0.08 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.68 | ||
| P/tB | 45.46 | ||
| EV/EBITDA | 6.19 |
EPS(TTM)3.07
EY10.46%
EPS(NY)3.8
Fwd EY12.95%
FCF(TTM)-2.01
FCFYN/A
OCF(TTM)-0.76
OCFYN/A
SpS381.07
BVpS43.43
TBVpS0.65
PEG (NY)N/A
PEG (5Y)N/A
Graham Number54.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.25% | ||
| ROE | -1.04% | ||
| ROCE | 8.37% | ||
| ROIC | 6.61% | ||
| ROICexc | 7.2% | ||
| ROICexgc | 20.57% | ||
| OM | 1.58% | ||
| PM (TTM) | N/A | ||
| GM | 16.92% | ||
| FCFM | N/A |
ROA(3y)2.29%
ROA(5y)2.2%
ROE(3y)8.7%
ROE(5y)8.45%
ROIC(3y)9.54%
ROIC(5y)9.39%
ROICexc(3y)11.15%
ROICexc(5y)11.63%
ROICexgc(3y)28.72%
ROICexgc(5y)31.59%
ROCE(3y)12.13%
ROCE(5y)11.94%
ROICexgc growth 3Y-24.79%
ROICexgc growth 5Y-1.66%
ROICexc growth 3Y-17.48%
ROICexc growth 5Y-10.5%
OM growth 3Y-12.76%
OM growth 5Y-10.46%
PM growth 3Y-23.89%
PM growth 5Y-18.31%
GM growth 3Y1.68%
GM growth 5Y1.34%
F-Score2
Asset Turnover2.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 66.09% | ||
| Cap/Sales | 0.33% | ||
| Interest Coverage | 2.89 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 2.94 |
F-Score2
WACC8.6%
ROIC/WACC0.77
Cap/Depr(3y)78.88%
Cap/Depr(5y)78.11%
Cap/Sales(3y)0.36%
Cap/Sales(5y)0.33%
Profit Quality(3y)191.63%
Profit Quality(5y)883.46%
High Growth Momentum
Growth
EPS 1Y (TTM)-38.35%
EPS 3Y-14.42%
EPS 5Y-9.54%
EPS Q2Q%-35.66%
EPS Next Y-36.27%
EPS Next 2Y-8.6%
EPS Next 3Y6.12%
EPS Next 5Y26.51%
Revenue 1Y (TTM)-2.44%
Revenue growth 3Y-4.85%
Revenue growth 5Y-3.07%
Sales Q2Q%2.3%
Revenue Next Year0.08%
Revenue Next 2Y1.83%
Revenue Next 3Y2.55%
Revenue Next 5Y3.21%
EBIT growth 1Y-21.8%
EBIT growth 3Y-16.98%
EBIT growth 5Y-13.2%
EBIT Next Year3.85%
EBIT Next 3Y14.86%
EBIT Next 5Y21.93%
FCF growth 1Y-131.69%
FCF growth 3Y-23.68%
FCF growth 5Y-19.46%
OCF growth 1Y-109.6%
OCF growth 3Y-21.73%
OCF growth 5Y-17.61%
MANPOWERGROUP INC / MAN FAQ
What is the ChartMill fundamental rating of MANPOWERGROUP INC (MAN) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MAN.
What is the valuation status for MAN stock?
ChartMill assigns a valuation rating of 5 / 10 to MANPOWERGROUP INC (MAN). This can be considered as Fairly Valued.
Can you provide the profitability details for MANPOWERGROUP INC?
MANPOWERGROUP INC (MAN) has a profitability rating of 3 / 10.
What is the valuation of MANPOWERGROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MANPOWERGROUP INC (MAN) is 9.56 and the Price/Book (PB) ratio is 0.68.
What is the earnings growth outlook for MANPOWERGROUP INC?
The Earnings per Share (EPS) of MANPOWERGROUP INC (MAN) is expected to decline by -36.27% in the next year.