RANDSTAD NV (RAND.AS)

NL0000379121 - Common Stock

48.92  -2.78 (-5.38%)

Fundamental Rating

5

Taking everything into account, RAND scores 5 out of 10 in our fundamental rating. RAND was compared to 32 industry peers in the Professional Services industry. RAND has an average financial health and profitability rating. RAND is valued correctly, but it does not seem to be growing.



4

1. Profitability

1.1 Basic Checks

In the past year RAND was profitable.
In the past year RAND had a positive cash flow from operations.
In the past 5 years RAND has always been profitable.
Each year in the past 5 years RAND had a positive operating cash flow.

1.2 Ratios

RAND's Return On Assets of 5.76% is in line compared to the rest of the industry. RAND outperforms 53.33% of its industry peers.
RAND has a Return On Equity (13.11%) which is in line with its industry peers.
The Return On Invested Capital of RAND (12.51%) is better than 70.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RAND is above the industry average of 11.97%.
Industry RankSector Rank
ROA 5.76%
ROE 13.11%
ROIC 12.51%
ROA(3y)6.98%
ROA(5y)5.97%
ROE(3y)15.79%
ROE(5y)13.4%
ROIC(3y)14.3%
ROIC(5y)12.56%

1.3 Margins

With a Profit Margin value of 2.42%, RAND is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
RAND's Profit Margin has declined in the last couple of years.
The Operating Margin of RAND (3.27%) is worse than 73.33% of its industry peers.
RAND's Operating Margin has declined in the last couple of years.
RAND's Gross Margin of 20.76% is on the low side compared to the rest of the industry. RAND is outperformed by 66.67% of its industry peers.
RAND's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.27%
PM (TTM) 2.42%
GM 20.76%
OM growth 3Y15%
OM growth 5Y-3.02%
PM growth 3Y19.25%
PM growth 5Y-3.66%
GM growth 3Y2.89%
GM growth 5Y1.01%

6

2. Health

2.1 Basic Checks

RAND has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, RAND has more shares outstanding
The number of shares outstanding for RAND has been increased compared to 5 years ago.
RAND has a worse debt/assets ratio than last year.

2.2 Solvency

RAND has an Altman-Z score of 3.93. This indicates that RAND is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.93, RAND is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
RAND has a debt to FCF ratio of 1.08. This is a very positive value and a sign of high solvency as it would only need 1.08 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.08, RAND belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
RAND has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
RAND has a better Debt to Equity ratio (0.10) than 86.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.08
Altman-Z 3.93
ROIC/WACC1.74
WACC7.18%

2.3 Liquidity

RAND has a Current Ratio of 1.11. This is a normal value and indicates that RAND is financially healthy and should not expect problems in meeting its short term obligations.
RAND has a Current ratio (1.11) which is comparable to the rest of the industry.
A Quick Ratio of 1.11 indicates that RAND should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.11, RAND perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.11

3

3. Growth

3.1 Past

RAND shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.67%.
Measured over the past years, RAND shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.18% on average per year.
Looking at the last year, RAND shows a decrease in Revenue. The Revenue has decreased by -7.77% in the last year.
RAND shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)-20.67%
EPS 3Y20.75%
EPS 5Y-0.18%
EPS growth Q2Q-27.46%
Revenue 1Y (TTM)-7.77%
Revenue growth 3Y7.06%
Revenue growth 5Y1.32%
Revenue growth Q2Q-11.76%

3.2 Future

The Earnings Per Share is expected to grow by 3.72% on average over the next years.
The Revenue is expected to grow by 1.84% on average over the next years.
EPS Next Y-9.56%
EPS Next 2Y1.39%
EPS Next 3Y3.72%
EPS Next 5YN/A
Revenue Next Year-2.49%
Revenue Next 2Y0.86%
Revenue Next 3Y1.89%
Revenue Next 5Y1.84%

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.

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 10.90, which indicates a very decent valuation of RAND.
Compared to the rest of the industry, the Price/Earnings ratio of RAND indicates a somewhat cheap valuation: RAND is cheaper than 76.67% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.48. RAND is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 12.05, RAND is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RAND indicates a somewhat cheap valuation: RAND is cheaper than 73.33% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.79. RAND is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 10.9
Fwd PE 12.05

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as RAND.
Based on the Price/Free Cash Flow ratio, RAND is valued a bit cheaper than the industry average as 76.67% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 7.91
EV/EBITDA 8.29

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.39%
EPS Next 3Y3.72%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.37%, RAND is a good candidate for dividend investing.
RAND's Dividend Yield is rather good when compared to the industry average which is at 2.69. RAND pays more dividend than 90.00% of the companies in the same industry.
RAND's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
Industry RankSector Rank
Dividend Yield 4.37%

5.2 History

The dividend of RAND decreases each year by -3.00%.
Dividend Growth(5Y)-3%
Div Incr Years1
Div Non Decr Years1

5.3 Sustainability

RAND pays out 86.04% of its income as dividend. This is not a sustainable payout ratio.
DP86.04%
EPS Next 2Y1.39%
EPS Next 3Y3.72%

RANDSTAD NV

AMS:RAND (3/28/2024, 7:00:00 PM)

48.92

-2.78 (-5.38%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.71B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.37%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 10.9
Fwd PE 12.05
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 5.76%
ROE 13.11%
ROCE
ROIC
ROICexc
ROICexgc
OM 3.27%
PM (TTM) 2.42%
GM 20.76%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.38
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.11
Quick Ratio 1.11
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-20.67%
EPS 3Y20.75%
EPS 5Y
EPS growth Q2Q
EPS Next Y-9.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.77%
Revenue growth 3Y7.06%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y