MANPOWERGROUP INC (MAN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MAN - US56418H1005 - Common Stock
30.56 USD
+0.57 (+1.9%)
30.56 USD
0 (0%)
Taking everything into account, MAN scores 4 out of 10 in our fundamental rating. MAN was compared to 86 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 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.
MAN had positive earnings in each of the past 5 years.
MAN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MAN has a Return On Assets (-0.25%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of -1.04%, MAN is in line with its industry, outperforming 41.86% of the companies in the same industry.
MAN has a Return On Invested Capital (6.61%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for MAN is below the industry average of 11.86%.
| 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
In the last couple of years the Profit Margin of MAN has declined.
Looking at the Operating Margin, with a value of 1.58%, MAN is in line with its industry, outperforming 40.70% of the companies in the same industry.
In the last couple of years the Operating Margin of MAN has declined.
MAN has a Gross Margin of 16.92%. This is in the lower half of the industry: MAN underperforms 77.91% 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 2.94. 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.
With a Altman-Z score value of 2.94, MAN perfoms like the industry average, outperforming 53.49% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that MAN is not too dependend on debt financing.
MAN's Debt to Equity ratio of 0.23 is in line compared to the rest of the industry. MAN outperforms 55.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.94 |
ROIC/WACC0.75
WACC8.77%
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.
Looking at the Current ratio, with a value of 1.00, MAN is doing worse than 77.91% of the companies in the same industry.
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.
MAN has a worse Quick ratio (1.00) than 77.91% of its industry peers.
| 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.
MAN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.07% yearly.
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.
Based on estimates for the next years, MAN will show a small growth in Revenue. The Revenue will grow by 3.21% on average per year.
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 3Y2.49%
Revenue Next 5Y3.21%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 9.95, which indicates a very decent valuation of MAN.
88.37% of the companies in the same industry are more expensive than MAN, based on the Price/Earnings ratio.
MAN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.17.
With a Price/Forward Earnings ratio of 8.04, the valuation of MAN can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MAN indicates a rather cheap valuation: MAN is cheaper than 88.37% of the companies listed in the same industry.
MAN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
MAN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MAN is cheaper than 88.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.38 |
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 4.84%, which is a nice return.
MAN's Dividend Yield is rather good when compared to the industry average which is at 1.54. MAN pays more dividend than 91.86% of the companies in the same industry.
MAN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.84% |
5.2 History
On average, the dividend of MAN grows each year by 7.20%, which is quite nice.
MAN has paid a dividend for at least 10 years, which is 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
The earnings of MAN are negative and hence is the payout ratio. MAN will probably not be able to sustain this dividend level.
MAN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-502.86%
EPS Next 2Y-8.6%
EPS Next 3Y6.12%
30.56
+0.57 (+1.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners111.64%
Inst Owner Change0%
Ins Owners1.53%
Ins Owner Change0.02%
Market Cap1.41B
Revenue(TTM)17.64B
Net Income(TTM)-21.00M
Analysts67.5
Price Target42.84 (40.18%)
Short Float %11.84%
Short Ratio5.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.84% |
Yearly Dividend3.06
Dividend Growth(5Y)7.2%
DP-502.86%
Div Incr Years14
Div Non Decr Years30
Ex-DateN/A
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)0.01%
EPS NQ rev (3m)-0.1%
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 | 9.95 | ||
| Fwd PE | 8.04 | ||
| P/S | 0.08 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.7 | ||
| P/tB | 47.32 | ||
| EV/EBITDA | 6.38 |
EPS(TTM)3.07
EY10.05%
EPS(NY)3.8
Fwd EY12.44%
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
WACC8.77%
ROIC/WACC0.75
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 3Y2.49%
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 3Y14.58%
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 of MANPOWERGROUP INC (MAN) stock?
ChartMill assigns a valuation rating of 5 / 10 to MANPOWERGROUP INC (MAN). This can be considered as Fairly Valued.
How profitable is MANPOWERGROUP INC (MAN) stock?
MANPOWERGROUP INC (MAN) has a profitability rating of 3 / 10.
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.
Can you provide the dividend sustainability for MAN stock?
The dividend rating of MANPOWERGROUP INC (MAN) is 8 / 10 and the dividend payout ratio is -502.86%.