MANPOWERGROUP INC (MAN) Stock Fundamental Analysis
USA - NYSE:MAN - US56418H1005 - Common Stock
27.81 USD
-0.2 (-0.71%)
27.81 USD
0 (0%)
MAN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 87 industry peers in the Professional Services industry. MAN has a bad profitability rating. Also its financial health evaluation is rather negative. MAN has a valuation in line with the averages, but it does not seem to be growing. Finally MAN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MAN was profitable.
In the past year MAN has reported a negative cash flow from operations.
In the past 5 years MAN has always been profitable.
MAN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MAN's Return On Assets of -0.25% is in line compared to the rest of the industry. MAN outperforms 41.38% of its industry peers.
MAN has a Return On Equity of -1.04%. This is comparable to the rest of the industry: MAN outperforms 40.23% of its industry peers.
MAN's Return On Invested Capital of 6.61% is in line compared to the rest of the industry. MAN outperforms 54.02% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MAN is significantly below the industry average of 22.56%.
| 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.
MAN has a Operating Margin of 1.58%. This is comparable to the rest of the industry: MAN outperforms 40.23% of its industry peers.
MAN's Operating Margin has declined in the last couple of years.
MAN has a Gross Margin of 16.92%. This is in the lower half of the industry: MAN underperforms 79.31% of its industry peers.
In the last couple of years the Gross Margin of MAN has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MAN is still creating some value.
MAN has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MAN has less shares outstanding
The debt/assets ratio for MAN is higher compared to a year ago.
2.2 Solvency
MAN has an Altman-Z score of 2.93. This is not the best score and indicates that MAN is in the grey zone with still only limited risk for bankruptcy at the moment.
MAN has a Altman-Z score (2.93) which is in line with its industry peers.
A Debt/Equity ratio of 0.23 indicates that MAN is not too dependend on debt financing.
MAN has a Debt to Equity ratio (0.23) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.93 |
ROIC/WACC0.83
WACC7.99%
2.3 Liquidity
A Current Ratio of 1.00 indicates that MAN may have some problems paying 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 75.86% of its industry peers.
MAN has a Quick 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.
Looking at the Quick ratio, with a value of 1.00, MAN is doing worse than 75.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
MAN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.35%.
Measured over the past years, MAN shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.54% on average per year.
MAN shows a decrease in Revenue. In the last year, the revenue decreased by -2.44%.
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
MAN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.51% yearly.
The Revenue is expected to grow by 3.21% on average over the next years.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.06 indicates a reasonable valuation of MAN.
MAN's Price/Earnings ratio is rather cheap when compared to the industry. MAN is cheaper than 87.36% of the companies in the same industry.
MAN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.51.
The Price/Forward Earnings ratio is 7.32, which indicates a rather cheap valuation of MAN.
89.66% of the companies in the same industry are more expensive than MAN, based on the Price/Forward Earnings ratio.
MAN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.06 | ||
| Fwd PE | 7.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAN is valued cheaper than 90.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.13 |
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
MAN has a Yearly Dividend Yield of 4.99%, which is a nice return.
The stock price of MAN dropped by -37.39% 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.
Compared to an average industry Dividend Yield of 4.28, MAN pays a better dividend. On top of this MAN pays more dividend than 91.95% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, MAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
On average, the dividend of MAN grows each year by 7.20%, which is quite nice.
MAN has been paying a dividend for at least 10 years, so it has a reliable track record.
MAN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.2%
Div Incr Years14
Div Non Decr Years30
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.
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%
27.81
-0.2 (-0.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners108.62%
Inst Owner Change5.19%
Ins Owners1.54%
Ins Owner Change0%
Market Cap1.29B
Revenue(TTM)17.64B
Net Income(TTM)-21.00M
Analysts67.5
Price Target43.29 (55.66%)
Short Float %10.51%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
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)-12.71%
PT rev (3m)-12.71%
EPS NQ rev (1m)-1.55%
EPS NQ rev (3m)-0.11%
EPS NY rev (1m)-1.12%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)1.01%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.06 | ||
| Fwd PE | 7.32 | ||
| P/S | 0.07 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.64 | ||
| P/tB | 43.05 | ||
| EV/EBITDA | 6.13 |
EPS(TTM)3.07
EY11.04%
EPS(NY)3.8
Fwd EY13.67%
FCF(TTM)-2.01
FCFYN/A
OCF(TTM)-0.76
OCFYN/A
SpS381.16
BVpS43.44
TBVpS0.65
PEG (NY)N/A
PEG (5Y)N/A
Graham Number54.78
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 | 2.93 |
F-Score2
WACC7.99%
ROIC/WACC0.83
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 Year5.97%
EBIT Next 3Y15.13%
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 9.06 and the Price/Book (PB) ratio is 0.64.
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.