Hays PLC
DUS:HAY

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Hays PLC
DUS:HAY
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Price: 0.82 EUR Market Closed
Market Cap: 2B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HAY stock under the Base Case scenario is 1.62 EUR. Compared to the current market price of 0.82 EUR, Hays PLC is Undervalued by 49%.

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.

HAY Relative Value
Base Case
1.62 EUR
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.2
P/S
P/S
Price to Sales
0.2
vs History
96
vs Industry
86
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
Forward
0.2
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
40
Median 3Y
10.9
Median 5Y
11.3
Industry
19.2
Forward
34.6
More Details
11.8
P/OCF
P/OCF
Price to OCF
11.8
vs History
36
vs Industry
34
Median 3Y
10.1
Median 5Y
9.7
Industry
13
More Details
35.8
P/FCFE
P/FCFE
Price to FCFE
35.8
vs History
17
vs Industry
11
Median 3Y
17.9
Median 5Y
17.1
Industry
18.6
More Details
2.3
P/B
P/B
Price to Book Value
2.3
vs History
55
vs Industry
35
Median 3Y
2.4
Median 5Y
2.4
Industry
2.4
More Details
0.2
EV/S
EV/S
Enterprise Value to Sales
0.2
vs History
96
vs Industry
84
Median 3Y
0.2
Median 5Y
0.2
Industry
1.4
Forward
0.2
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
72
Median 3Y
0
Median 5Y
0
Industry
3.4
More Details
14.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.7
vs History
17
vs Industry
18
Median 3Y
6.9
Median 5Y
6.9
Industry
10.2
Forward
9.9
More Details
66.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
66.3
vs History
17
vs Industry
4
Median 3Y
9.5
Median 5Y
9.8
Industry
13.5
Forward
22.1
More Details
12.7
EV/OCF
EV/OCF
Enterprise Value to OCF
12.7
vs History
36
vs Industry
30
Median 3Y
9.9
Median 5Y
9.8
Industry
12.4
More Details
16
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
16
vs History
26
vs Industry
23
Median 3Y
11.9
Median 5Y
11.3
Industry
14.9
More Details
1.8
EV/IC
EV/IC
Enterprise Value to IC
1.8
vs History
87
vs Industry
35
Median 3Y
2
Median 5Y
2.1
Industry
1.7
More Details

Multiples Across Competitors

HAY Competitors Multiples
Hays PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Hays PLC
DUS:HAY
1.1B EUR 0.2 -79.3 14.7 66.3
JP
Recruit Holdings Co Ltd
TSE:6098
12T JPY 3.4 29.4 18.9 23.1
US
Robert Half Inc
SWB:RHJ
6.5B EUR 1.3 36.4 23.7 28.9
NL
Randstad NV
AEX:RAND
6.4B EUR 0.3 60.2 9.1 19.5
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 13.2 7.5 10.7
US
Robert Half International Inc
NYSE:RHI
4.5B USD 0.8 21.8 13.6 16.6
CN
51job Inc
F:IWQ
3.9B EUR 7.2 49.7 39.8 40.6
JP
Persol Holdings Co Ltd
TSE:2181
605.3B JPY 0.4 16.8 6.2 9.7
US
TriNet Group Inc
NYSE:TNET
4B USD 0.8 24.1 14.6 19
US
Korn Ferry
NYSE:KFY
3.6B USD 1.3 14.7 7.6 9.4
US
First Advantage Corp
NASDAQ:FA
3.2B USD 3 -21.3 41.5 -94.1
P/E Multiple
Earnings Growth PEG
UK
Hays PLC
DUS:HAY
Average P/E: 29.6
Negative Multiple: -79.3 		N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
29.4
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
36.4
18%
2
NL
R
Randstad NV
AEX:RAND
60.2
87%
0.7
CH
A
Adecco Group AG
SIX:ADEN
13.2
24%
0.5
US
Robert Half International Inc
NYSE:RHI
21.8
18%
1.2
CN
5
51job Inc
F:IWQ
49.7
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
16.8
18%
0.9
US
TriNet Group Inc
NYSE:TNET
24.1
18%
1.3
US
Korn Ferry
NYSE:KFY
14.7
24%
0.6
US
F
First Advantage Corp
NASDAQ:FA
Negative Multiple: -21.3 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Hays PLC
DUS:HAY
Average EV/EBITDA: 17.9
14.7
14%
1
JP
Recruit Holdings Co Ltd
TSE:6098
18.9
12%
1.6
US
R
Robert Half Inc
SWB:RHJ
23.7
28%
0.8
NL
R
Randstad NV
AEX:RAND
9.1
8%
1.1
CH
A
Adecco Group AG
SIX:ADEN
7.5
11%
0.7
US
Robert Half International Inc
NYSE:RHI
13.6
28%
0.5
CN
5
51job Inc
F:IWQ
39.8
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
6.2
8%
0.8
US
TriNet Group Inc
NYSE:TNET
14.6
4%
3.6
US
Korn Ferry
NYSE:KFY
7.6
13%
0.6
US
F
First Advantage Corp
NASDAQ:FA
41.5
86%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Hays PLC
DUS:HAY
Average EV/EBIT: 24.4
66.3
22%
3
JP
Recruit Holdings Co Ltd
TSE:6098
23.1
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
28.9
31%
0.9
NL
R
Randstad NV
AEX:RAND
19.5
20%
1
CH
A
Adecco Group AG
SIX:ADEN
10.7
15%
0.7
US
Robert Half International Inc
NYSE:RHI
16.6
31%
0.5
CN
5
51job Inc
F:IWQ
40.6
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
9.7
N/A N/A
US
TriNet Group Inc
NYSE:TNET
19
1%
19
US
Korn Ferry
NYSE:KFY
9.4
16%
0.6
US
F
First Advantage Corp
NASDAQ:FA
Negative Multiple: -94.1 N/A N/A

See Also

Summary
HAY intrinsic value, competitors valuation, and company profile.
DCF Valuation
HAY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HAY stock valuation using valuation multiples.
Wall Street Estimates
HAY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HAY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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