MANPOWERGROUP INC (MAN) Fundamental Analysis & Valuation

NYSE:MAN • US56418H1005

Current stock price

31.54 USD
-0.29 (-0.91%)
At close:
31.54 USD
0 (0%)
After Hours:

This MAN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. MAN Profitability Analysis

1.1 Basic Checks

  • In the past year MAN was profitable.
  • MAN had a negative operating cash flow in the past year.
  • MAN had positive earnings in 4 of the past 5 years.
  • MAN had a positive operating cash flow in 4 of the past 5 years.
MAN Yearly Net Income VS EBIT VS OCF VS FCFMAN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

1.2 Ratios

  • MAN's Return On Assets of -0.20% is in line compared to the rest of the industry. MAN outperforms 45.35% of its industry peers.
  • The Return On Equity of MAN (-0.79%) is comparable to the rest of the industry.
  • The Return On Invested Capital of MAN (5.84%) is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for MAN is significantly below the industry average of 12.84%.
Industry RankSector Rank
ROA -0.2%
ROE -0.79%
ROIC 5.84%
ROA(3y)0.88%
ROA(5y)2.12%
ROE(3y)3.39%
ROE(5y)8.12%
ROIC(3y)7.43%
ROIC(5y)9.31%
MAN Yearly ROA, ROE, ROICMAN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • The Operating Margin of MAN (1.56%) is comparable to the rest of the industry.
  • MAN's Operating Margin has declined in the last couple of years.
  • MAN has a worse Gross Margin (16.45%) than 77.91% of its industry peers.
  • MAN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 1.56%
PM (TTM) N/A
GM 16.45%
OM growth 3Y-20.79%
OM growth 5Y-4.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.51%
GM growth 5Y1.24%
MAN Yearly Profit, Operating, Gross MarginsMAN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

4

2. MAN Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAN is destroying value.
  • MAN has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for MAN has been reduced compared to 5 years ago.
  • The debt/assets ratio for MAN is higher compared to a year ago.
MAN Yearly Shares OutstandingMAN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MAN Yearly Total Debt VS Total AssetsMAN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • MAN has an Altman-Z score of 3.15. This indicates that MAN is financially healthy and has little risk of bankruptcy at the moment.
  • MAN has a Altman-Z score of 3.15. This is in the better half of the industry: MAN outperforms 62.79% of its industry peers.
  • A Debt/Equity ratio of 0.50 indicates that MAN is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.50, MAN perfoms like the industry average, outperforming 41.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF N/A
Altman-Z 3.15
ROIC/WACC0.72
WACC8.13%
MAN Yearly LT Debt VS Equity VS FCFMAN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • MAN has a Current Ratio of 1.12. This is a normal value and indicates that MAN is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.12, MAN is doing worse than 68.60% of the companies in the same industry.
  • MAN has a Quick Ratio of 1.12. This is a normal value and indicates that MAN is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of MAN (1.12) is worse than 68.60% of its industry peers.
Industry RankSector Rank
Current Ratio 1.12
Quick Ratio 1.12
MAN Yearly Current Assets VS Current LiabilitesMAN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

4

3. MAN Growth Analysis

3.1 Past

  • The earnings per share for MAN have decreased strongly by -24.94% in the last year.
  • Measured over the past years, MAN shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.20% on average per year.
  • The Revenue has been growing slightly by 4.77% in the past year.
  • MAN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.05% yearly.
EPS 1Y (TTM)-24.94%
EPS 3Y-29.57%
EPS 5Y-4.2%
EPS Q2Q%15.91%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-3.25%
Revenue growth 5Y-0.05%
Sales Q2Q%10.27%

3.2 Future

  • MAN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.83% yearly.
  • The Revenue is expected to grow by 3.13% on average over the next years.
EPS Next Y24.9%
EPS Next 2Y28.66%
EPS Next 3Y23.77%
EPS Next 5Y39.83%
Revenue Next Year4.52%
Revenue Next 2Y3.97%
Revenue Next 3Y3.83%
Revenue Next 5Y3.13%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MAN Yearly Revenue VS EstimatesMAN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
MAN Yearly EPS VS EstimatesMAN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

7

4. MAN Valuation Analysis

4.1 Price/Earnings Ratio

  • MAN is valuated reasonably with a Price/Earnings ratio of 10.38.
  • Based on the Price/Earnings ratio, MAN is valued cheaply inside the industry as 83.72% of the companies are valued more expensively.
  • MAN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.79.
  • The Price/Forward Earnings ratio is 6.42, which indicates a rather cheap valuation of MAN.
  • 95.35% of the companies in the same industry are more expensive than MAN, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of MAN to the average of the S&P500 Index (38.88), we can say MAN is valued rather cheaply.
Industry RankSector Rank
PE 10.38
Fwd PE 6.42
MAN Price Earnings VS Forward Price EarningsMAN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 87.21% of the companies in the same industry are more expensive than MAN, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.45
MAN Per share dataMAN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300

4.3 Compensation for Growth

  • MAN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as MAN's earnings are expected to grow with 23.77% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y28.66%
EPS Next 3Y23.77%

5

5. MAN Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.52%, MAN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.77, MAN pays a better dividend. On top of this MAN pays more dividend than 90.70% of the companies listed in the same industry.
  • MAN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 4.52%

5.2 History

  • The dividend of MAN decreases each year by -8.69%.
  • MAN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.69%
Div Incr Years0
Div Non Decr Years0
MAN Yearly Dividends per shareMAN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • The earnings of MAN are negative and hence is the payout ratio. MAN will probably not be able to sustain this dividend level.
DP-406.71%
EPS Next 2Y28.66%
EPS Next 3Y23.77%
MAN Yearly Income VS Free CF VS DividendMAN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

MAN Fundamentals: All Metrics, Ratios and Statistics

MANPOWERGROUP INC

NYSE:MAN (4/22/2026, 7:37:25 PM)

After market: 31.54 0 (0%)

31.54

-0.29 (-0.91%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)04-16
Earnings (Next)07-15
Inst Owners113.5%
Inst Owner Change0.5%
Ins Owners1.74%
Ins Owner Change10.53%
Market Cap1.47B
Revenue(TTM)18.38B
Net Income(TTM)-16.40M
Analysts72.5
Price Target40.93 (29.77%)
Short Float %12.76%
Short Ratio4.07
Dividend
Industry RankSector Rank
Dividend Yield 4.52%
Yearly Dividend1.43
Dividend Growth(5Y)-8.69%
DP-406.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.31%
Min EPS beat(2)3.3%
Max EPS beat(2)11.32%
EPS beat(4)4
Avg EPS beat(4)7.15%
Min EPS beat(4)1.14%
Max EPS beat(4)12.86%
EPS beat(8)6
Avg EPS beat(8)2.32%
EPS beat(12)9
Avg EPS beat(12)3.27%
EPS beat(16)10
Avg EPS beat(16)2.19%
Revenue beat(2)2
Avg Revenue beat(2)0.95%
Min Revenue beat(2)0.75%
Max Revenue beat(2)1.15%
Revenue beat(4)3
Avg Revenue beat(4)1.05%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)2.55%
Revenue beat(8)4
Avg Revenue beat(8)0.41%
Revenue beat(12)5
Avg Revenue beat(12)0.01%
Revenue beat(16)6
Avg Revenue beat(16)-0.65%
PT rev (1m)-2.13%
PT rev (3m)-2.4%
EPS NQ rev (1m)-0.41%
EPS NQ rev (3m)-0.2%
EPS NY rev (1m)-1.33%
EPS NY rev (3m)-2.41%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)1.07%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.88%
Valuation
Industry RankSector Rank
PE 10.38
Fwd PE 6.42
P/S 0.08
P/FCF N/A
P/OCF N/A
P/B 0.71
P/tB 14.28
EV/EBITDA 6.45
EPS(TTM)3.04
EY9.64%
EPS(NY)4.92
Fwd EY15.59%
FCF(TTM)-2.79
FCFYN/A
OCF(TTM)-1.66
OCFYN/A
SpS395.29
BVpS44.42
TBVpS2.21
PEG (NY)0.42
PEG (5Y)N/A
Graham Number55.1199 (74.76%)
Profitability
Industry RankSector Rank
ROA -0.2%
ROE -0.79%
ROCE 7.39%
ROIC 5.84%
ROICexc 6.19%
ROICexgc 13.34%
OM 1.56%
PM (TTM) N/A
GM 16.45%
FCFM N/A
ROA(3y)0.88%
ROA(5y)2.12%
ROE(3y)3.39%
ROE(5y)8.12%
ROIC(3y)7.43%
ROIC(5y)9.31%
ROICexc(3y)8.87%
ROICexc(5y)11.25%
ROICexgc(3y)23.55%
ROICexgc(5y)32.16%
ROCE(3y)9.45%
ROCE(5y)11.84%
ROICexgc growth 3Y-16.87%
ROICexgc growth 5Y2.97%
ROICexc growth 3Y-19.35%
ROICexc growth 5Y-4.42%
OM growth 3Y-20.79%
OM growth 5Y-4.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.51%
GM growth 5Y1.24%
F-Score3
Asset Turnover2.19
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF N/A
Debt/EBITDA 2.78
Cap/Depr 61.88%
Cap/Sales 0.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.12
Quick Ratio 1.12
Altman-Z 3.15
F-Score3
WACC8.13%
ROIC/WACC0.72
Cap/Depr(3y)71.3%
Cap/Depr(5y)78.14%
Cap/Sales(3y)0.34%
Cap/Sales(5y)0.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-24.94%
EPS 3Y-29.57%
EPS 5Y-4.2%
EPS Q2Q%15.91%
EPS Next Y24.9%
EPS Next 2Y28.66%
EPS Next 3Y23.77%
EPS Next 5Y39.83%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-3.25%
Revenue growth 5Y-0.05%
Sales Q2Q%10.27%
Revenue Next Year4.52%
Revenue Next 2Y3.97%
Revenue Next 3Y3.83%
Revenue Next 5Y3.13%
EBIT growth 1Y1.13%
EBIT growth 3Y-23.36%
EBIT growth 5Y-4.46%
EBIT Next Year76.79%
EBIT Next 3Y29.63%
EBIT Next 5Y31.28%
FCF growth 1Y-149.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-122.73%
OCF growth 3YN/A
OCF growth 5YN/A

MANPOWERGROUP INC / MAN Fundamental Analysis 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 of MANPOWERGROUP INC (MAN) stock?

ChartMill assigns a valuation rating of 7 / 10 to MANPOWERGROUP INC (MAN). This can be considered as Undervalued.


What is the profitability of MAN stock?

MANPOWERGROUP INC (MAN) has a profitability rating of 3 / 10.


What are the PE and PB ratios of MANPOWERGROUP INC (MAN) stock?

The Price/Earnings (PE) ratio for MANPOWERGROUP INC (MAN) is 10.38 and the Price/Book (PB) ratio is 0.71.


Can you provide the financial health for MAN stock?

The financial health rating of MANPOWERGROUP INC (MAN) is 4 / 10.