ManpowerGroup Inc
NYSE:MAN

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ManpowerGroup Inc
NYSE:MAN
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Price: 30.52 USD 0.83% Market Closed
Market Cap: $1.4B

EV/IC

0.4
Current
40%
Cheaper
vs 3-y average of 0.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.4
=
Enterprise Value
$2.3B
/
Invested Capital
$5.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.4
=
Enterprise Value
$2.3B
/
Invested Capital
$5.6B

Valuation Scenarios

ManpowerGroup Inc is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.7), the stock would be worth $50.55 (66% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+345%
Average Upside
190%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.4 $30.52
0%
3-Year Average 0.7 $50.55
+66%
5-Year Average 0.7 $53.39
+75%
Industry Average 1.8 $135.7
+345%
Country Average 1.5 $114.3
+275%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
ManpowerGroup Inc
NYSE:MAN
1.4B USD 0.4 -86.5
JP
Recruit Holdings Co Ltd
TSE:6098
10.3T JPY 6.3 24.9
NL
Randstad NV
AEX:RAND
4.4B EUR 0.9 16
CN
51job Inc
F:IWQ
3.9B EUR 3.2 49
US
Robert Half Inc
SWB:RHJ
3.9B EUR 1.8 35
CH
Adecco Group AG
SIX:ADEN
3B CHF 0.8 11.1
PL
Benefit Systems SA
WSE:BFT
13.1B PLN 2.6 23
US
Korn Ferry
NYSE:KFY
3.4B USD 1 12.9
JP
Persol Holdings Co Ltd
TSE:2181
519.1B JPY 1.2 13.2
JP
TechnoPro Holdings Inc
TSE:6028
502.9B JPY 5.9 30.7
SG
Jinhai International Group Holdings Ltd
HKEX:2225
23.8B HKD 126.3 -228.3
P/E Multiple
Earnings Growth PEG
US
ManpowerGroup Inc
NYSE:MAN
Average P/E: 24
Negative Multiple: -86.5
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
24.9
18%
1.4
NL
R
Randstad NV
AEX:RAND
16
26%
0.6
CN
5
51job Inc
F:IWQ
49
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
35
30%
1.2
CH
A
Adecco Group AG
SIX:ADEN
11.1
24%
0.5
PL
B
Benefit Systems SA
WSE:BFT
23
26%
0.9
US
Korn Ferry
NYSE:KFY
12.9
11%
1.2
JP
P
Persol Holdings Co Ltd
TSE:2181
13.2
14%
0.9
JP
TechnoPro Holdings Inc
TSE:6028
30.7
19%
1.6
SG
Jinhai International Group Holdings Ltd
HKEX:2225
Negative Multiple: -228.3 N/A N/A

Market Distribution

Lower than 90% of companies in the United States of America
Percentile
10th
Based on 11 657 companies
10th percentile
0.4
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

ManpowerGroup Inc
Glance View

In the bustling realm of employment services, ManpowerGroup Inc. has carved out a notable presence as a leader in bridging the gap between talent and opportunity. Established in Milwaukee in 1948, the company has grown to operate across 80 countries, offering a suite of workforce solutions that cater to the evolving needs of both employers and job seekers. The essence of ManpowerGroup's business lies in its ability to match employer demands with skilled professionals, across various sectors, through their distinct brands: Manpower, Experis, and Talent Solutions. This strategic diversification is crucial as it allows the company to address needs that range from temporary staffing to permanent recruitment, and even complex workforce management solutions. By operating both in mature markets of developed economies and expanding territories of emerging markets, ManpowerGroup not only stabilizes its revenue streams but also capitalizes on global labor dynamics. The company’s revenue model is firmly anchored in the service fees paid by employers, who tap into ManpowerGroup's vast database of candidates and its finely tuned selection process. As companies increasingly seek to optimize labor costs through flexible staffing models, ManpowerGroup stands as an indispensable partner, offering tailored solutions that optimize workforce agility. Furthermore, with a keen eye on digital transformation, the company invests in technology that enhances its recruitment processes, analytics, and candidate experience, reinforcing its market competitiveness. Through this framework, ManpowerGroup effectively monetizes its services by acting as a conduit, ensuring that the right people end up in the right roles, which in turn drives the company's growth and stability in the ever-fluctuating world of employment.

MAN Intrinsic Value
96.25 USD
Undervaluation 68%
Intrinsic Value
Price $30.52
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