ManpowerGroup Greater China Ltd
HKEX:2180

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ManpowerGroup Greater China Ltd Logo
ManpowerGroup Greater China Ltd
HKEX:2180
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Price: 4.39 HKD 2.57% Market Closed
Market Cap: 910.9m HKD

Relative Value

The Relative Value of one ManpowerGroup Greater China Ltd stock under the Base Case scenario is 27.14 HKD. Compared to the current market price of 4.39 HKD, ManpowerGroup Greater China Ltd is Undervalued by 84%.

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.

Relative Value
Base Case
27.14 HKD
Undervaluation 84%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
90
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
vs History
61
vs Industry
61
Median 3Y
8.9
Median 5Y
7.4
Industry
19.2
vs History
23
vs Industry
55
Median 3Y
8.7
Median 5Y
7.5
Industry
13
vs History
23
vs Industry
40
Median 3Y
13.7
Median 5Y
10.6
Industry
18.6
vs History
90
vs Industry
80
Median 3Y
1
Median 5Y
1
Industry
2.4
vs History
vs Industry
95
Median 3Y
0
Median 5Y
0
Industry
1.4
vs History
vs Industry
93
Median 3Y
0.3
Median 5Y
0.1
Industry
3.4
vs History
vs Industry
73
Median 3Y
1.1
Median 5Y
0.2
Industry
10.2
vs History
vs Industry
71
Median 3Y
1.2
Median 5Y
0.2
Industry
13.5
vs History
vs Industry
72
Median 3Y
1.3
Median 5Y
0.5
Industry
12.4
vs History
vs Industry
64
Median 3Y
1.4
Median 5Y
0.5
Industry
14.9
vs History
vs Industry
92
Median 3Y
0.4
Median 5Y
0.6
Industry
1.7

Multiples Across Competitors

Competitors Multiples
ManpowerGroup Greater China Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
ManpowerGroup Greater China Ltd
HKEX:2180
910.9m HKD 0.1 6.4 -0.3 -0.4
JP
Recruit Holdings Co Ltd
TSE:6098
12.1T JPY 3.4 29.6 19 23.3
US
Robert Half Inc
SWB:RHJ
6.5B EUR 1.3 36.2 23.6 28.8
NL
Randstad NV
AEX:RAND
6.4B EUR 0.3 60.2 9.1 19.5
CH
Adecco Group AG
SIX:ADEN
3.8B CHF 0.2 13.4 7.6 10.8
US
Robert Half International Inc
NYSE:RHI
4.6B USD 0.8 22.4 13.9 17
CN
51job Inc
F:IWQ
3.9B EUR 7.2 49.9 40.1 40.8
JP
Persol Holdings Co Ltd
TSE:2181
602.4B JPY 0.4 16.8 6.2 9.6
US
TriNet Group Inc
NYSE:TNET
4B USD 0.8 23.9 14.5 18.8
US
Korn Ferry
NYSE:KFY
3.6B USD 1.3 14.7 7.6 9.4
US
First Advantage Corp
NASDAQ:FA
3B USD 2.9 -20.4 40.3 -91.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
ManpowerGroup Greater China Ltd
HKEX:2180
Average EV/EBITDA: 18.2
Negative Multiple: -0.3
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
19
12%
1.6
US
R
Robert Half Inc
SWB:RHJ
23.6
28%
0.8
NL
R
Randstad NV
AEX:RAND
9.1
8%
1.1
CH
A
Adecco Group AG
SIX:ADEN
7.6
11%
0.7
US
Robert Half International Inc
NYSE:RHI
13.9
28%
0.5
CN
5
51job Inc
F:IWQ
40.1
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
6.2
8%
0.8
US
TriNet Group Inc
NYSE:TNET
14.5
4%
3.6
US
Korn Ferry
NYSE:KFY
7.6
13%
0.6
US
F
First Advantage Corp
NASDAQ:FA
40.3
86%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
ManpowerGroup Greater China Ltd
HKEX:2180
Average EV/EBIT: 19.8
Negative Multiple: -0.4
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
23.3
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
28.8
31%
0.9
NL
R
Randstad NV
AEX:RAND
19.5
20%
1
CH
A
Adecco Group AG
SIX:ADEN
10.8
15%
0.7
US
Robert Half International Inc
NYSE:RHI
17
31%
0.5
CN
5
51job Inc
F:IWQ
40.8
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
9.6
N/A N/A
US
TriNet Group Inc
NYSE:TNET
18.8
1%
18.8
US
Korn Ferry
NYSE:KFY
9.4
16%
0.6
US
F
First Advantage Corp
NASDAQ:FA
Negative Multiple: -91.4 N/A N/A