TriNet Group Inc
NYSE:TNET

Watchlist Manager
TriNet Group Inc Logo
TriNet Group Inc
NYSE:TNET
Watchlist
Price: 80.46 USD 2.15% Market Closed
Market Cap: 3.9B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TNET stock under the Base Case scenario is 72.37 USD. Compared to the current market price of 80.46 USD, TriNet Group Inc is Overvalued by 10%.

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.

TNET Relative Value
Base Case
72.37 USD
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.8
P/S
P/S
Price to Sales
0.8
vs History
92
vs Industry
60
Median 3Y
1
Median 5Y
1.1
Industry
1.3
Forward
0.8
More Details
23
P/E
P/E
Price to Earnings
23
vs History
4
vs Industry
27
Median 3Y
15.9
Median 5Y
16.3
Industry
18.6
Forward
20.2
More Details
14.3
P/OCF
P/OCF
Price to OCF
14.3
vs History
22
vs Industry
34
Median 3Y
13.1
Median 5Y
11.1
Industry
12.8
More Details
86.9
P/FCFE
P/FCFE
Price to FCFE
86.9
vs History
3
vs Industry
6
Median 3Y
10.8
Median 5Y
10.7
Industry
17.5
More Details
57.8
P/B
P/B
Price to Book Value
57.8
vs History
12
vs Industry
0
Median 3Y
35.7
Median 5Y
7.8
Industry
2.3
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
84
vs Industry
54
Median 3Y
1.1
Median 5Y
1.1
Industry
1.3
Forward
0.9
More Details
4.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.8
vs History
74
vs Industry
30
Median 3Y
5.4
Median 5Y
5.5
Industry
3.1
More Details
11.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.2
vs History
41
vs Industry
27
Median 3Y
11
Median 5Y
11
Industry
9.8
Forward
11.3
More Details
13.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.7
vs History
36
vs Industry
29
Median 3Y
13.2
Median 5Y
12.9
Industry
13
Forward
18.5
More Details
16.5
EV/OCF
EV/OCF
Enterprise Value to OCF
16.5
vs History
20
vs Industry
25
Median 3Y
14
Median 5Y
11.9
Industry
12.1
More Details
22.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.9
vs History
19
vs Industry
19
Median 3Y
16.7
Median 5Y
13.7
Industry
14.2
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
92
vs Industry
55
Median 3Y
1.8
Median 5Y
2
Industry
1.7
More Details

Multiples Across Competitors

TNET Competitors Multiples
TriNet Group Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
TriNet Group Inc
NYSE:TNET
4B USD 0.8 23 11.2 13.7
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 36.8 23.9 29.3
NL
Randstad NV
AEX:RAND
6.3B EUR 0.3 59.4 9 19.3
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 49.8 40 40.8
CH
Adecco Group AG
SIX:ADEN
3.6B CHF 0.2 12.8 7.4 10.5
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
US
TriNet Group Inc
NYSE:TNET
Average P/E: 28.9
23
18%
1.3
JP
Recruit Holdings Co Ltd
TSE:6098
32.6
17%
1.9
US
R
Robert Half Inc
SWB:RHJ
36.8
26%
1.4
NL
R
Randstad NV
AEX:RAND
59.4
87%
0.7
US
Robert Half International Inc
NYSE:RHI
22.6
26%
0.9
CN
5
51job Inc
F:IWQ
49.8
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
12.8
24%
0.5
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
US
TriNet Group Inc
NYSE:TNET
Average EV/EBITDA: 14.5
11.2
6%
1.9
JP
Recruit Holdings Co Ltd
TSE:6098
19.9
12%
1.7
US
R
Robert Half Inc
SWB:RHJ
23.9
37%
0.6
NL
R
Randstad NV
AEX:RAND
9
10%
0.9
US
Robert Half International Inc
NYSE:RHI
14
37%
0.4
CN
5
51job Inc
F:IWQ
40
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
7.4
11%
0.7
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
US
TriNet Group Inc
NYSE:TNET
Average EV/EBIT: 24.8
13.7
1%
13.7
JP
Recruit Holdings Co Ltd
TSE:6098
24.8
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
29.3
35%
0.8
NL
R
Randstad NV
AEX:RAND
19.3
21%
0.9
US
Robert Half International Inc
NYSE:RHI
17.1
35%
0.5
CN
5
51job Inc
F:IWQ
40.8
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
10.5
15%
0.7
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

See Also

Summary
TNET intrinsic value, competitors valuation, and company profile.
DCF Valuation
TNET stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TNET stock valuation using valuation multiples.
Wall Street Estimates
TNET 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
TNET 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 252,300+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.