R

Randstad NV
AEX:RAND

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Randstad NV
AEX:RAND
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Price: 35.93 EUR 2.02% Market Closed
Market Cap: 6.5B EUR

Relative Value

The Relative Value of one RAND stock under the Base Case scenario is 65.06 EUR. Compared to the current market price of 35.93 EUR, Randstad NV is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

RAND Relative Value
Base Case
65.06 EUR
Undervaluation 45%
Relative Value
Price
R
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
81
Median 3Y
0.3
Median 5Y
0.3
Industry
1.3
Forward
0.3
vs History
6
vs Industry
7
Median 3Y
12.6
Median 5Y
14.9
Industry
18.6
Forward
11.8
vs History
49
vs Industry
43
Median 3Y
8.5
Median 5Y
8.3
Industry
12.8
vs History
92
vs Industry
55
Median 3Y
8.7
Median 5Y
9.3
Industry
17.5
vs History
84
vs Industry
56
Median 3Y
1.9
Median 5Y
1.9
Industry
2.3
vs History
76
vs Industry
76
Median 3Y
0.4
Median 5Y
0.4
Industry
1.3
Forward
0.3
vs History
63
vs Industry
58
Median 3Y
1.8
Median 5Y
1.8
Industry
3.1
vs History
9
vs Industry
42
Median 3Y
7.7
Median 5Y
7.5
Industry
9.8
Forward
7.2
vs History
1
vs Industry
28
Median 3Y
10.6
Median 5Y
11.1
Industry
13
Forward
10.9
vs History
14
vs Industry
33
Median 3Y
9.4
Median 5Y
8.8
Industry
12.1
vs History
14
vs Industry
30
Median 3Y
10.4
Median 5Y
9.8
Industry
14.2
vs History
82
vs Industry
53
Median 3Y
1.5
Median 5Y
1.5
Industry
1.7

Multiples Across Competitors

RAND Competitors Multiples
Randstad NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Randstad NV
AEX:RAND
6.3B EUR 0.3 59.4 9 19.3
JP
Recruit Holdings Co Ltd
TSE:6098
12.2T JPY 3.5 32.6 19.9 24.8
US
Robert Half Inc
SWB:RHJ
6.7B EUR 1.3 36.7 23.9 29.2
US
Robert Half International Inc
NYSE:RHI
4.6B USD 0.8 22.6 14 17.1
CN
51job Inc
F:IWQ
3.9B EUR 7.2 49.7 39.9 40.6
CH
Adecco Group AG
SIX:ADEN
3.6B CHF 0.2 12.8 7.4 10.5
US
TriNet Group Inc
NYSE:TNET
4B USD 0.8 23 11.2 13.7
JP
Persol Holdings Co Ltd
TSE:2181
568B JPY 0.4 15.8 5.8 9
US
Korn Ferry
NYSE:KFY
3.3B USD 1.2 13.6 6.9 8.6
US
Alight Inc
NYSE:ALIT
2.9B USD 1.2 -18.4 10.2 83.3
PL
Benefit Systems SA
WSE:BFT
10B PLN 2.9 22.2 10.8 16.9
P/E Multiple
Earnings Growth PEG
NL
R
Randstad NV
AEX:RAND
Average P/E: 28.8
59.4
87%
0.7
JP
Recruit Holdings Co Ltd
TSE:6098
32.6
17%
1.9
US
R
Robert Half Inc
SWB:RHJ
36.7
26%
1.4
US
Robert Half International Inc
NYSE:RHI
22.6
26%
0.9
CN
5
51job Inc
F:IWQ
49.7
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
12.8
24%
0.5
US
TriNet Group Inc
NYSE:TNET
23
18%
1.3
JP
P
Persol Holdings Co Ltd
TSE:2181
15.8
18%
0.9
US
Korn Ferry
NYSE:KFY
13.6
24%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -18.4 N/A N/A
PL
B
Benefit Systems SA
WSE:BFT
22.2
18%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
R
Randstad NV
AEX:RAND
Average EV/EBITDA: 14.5
9
10%
0.9
JP
Recruit Holdings Co Ltd
TSE:6098
19.9
12%
1.7
US
R
Robert Half Inc
SWB:RHJ
23.9
37%
0.6
US
Robert Half International Inc
NYSE:RHI
14
37%
0.4
CN
5
51job Inc
F:IWQ
39.9
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
7.4
11%
0.7
US
TriNet Group Inc
NYSE:TNET
11.2
6%
1.9
JP
P
Persol Holdings Co Ltd
TSE:2181
5.8
7%
0.8
US
Korn Ferry
NYSE:KFY
6.9
13%
0.5
US
Alight Inc
NYSE:ALIT
10.2
18%
0.6
PL
B
Benefit Systems SA
WSE:BFT
10.8
16%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
R
Randstad NV
AEX:RAND
Average EV/EBIT: 24.8
19.3
21%
0.9
JP
Recruit Holdings Co Ltd
TSE:6098
24.8
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
29.2
35%
0.8
US
Robert Half International Inc
NYSE:RHI
17.1
35%
0.5
CN
5
51job Inc
F:IWQ
40.6
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
10.5
15%
0.7
US
TriNet Group Inc
NYSE:TNET
13.7
1%
13.7
JP
P
Persol Holdings Co Ltd
TSE:2181
9
N/A N/A
US
Korn Ferry
NYSE:KFY
8.6
16%
0.5
US
Alight Inc
NYSE:ALIT
83.3
56%
1.5
PL
B
Benefit Systems SA
WSE:BFT
16.9
18%
0.9