HRnetGroup Ltd
SGX:CHZ

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HRnetGroup Ltd
SGX:CHZ
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Price: 0.7 SGD Market Closed
Market Cap: 708m SGD

Relative Value

The Relative Value of one CHZ stock under the Base Case scenario is 0.43 SGD. Compared to the current market price of 0.7 SGD, HRnetGroup Ltd is Overvalued by 39%.

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.

CHZ Relative Value
Base Case
0.43 SGD
Overvaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
45
Median 3Y
1.2
Median 5Y
1.2
Industry
1.3
Forward
1.2
vs History
1
vs Industry
40
Median 3Y
11.6
Median 5Y
11.3
Industry
18.6
Forward
13.2
vs History
9
vs Industry
35
Median 3Y
12
Median 5Y
11.7
Industry
12.8
vs History
11
vs Industry
34
Median 3Y
14.2
Median 5Y
13.7
Industry
17.5
vs History
58
vs Industry
55
Median 3Y
1.9
Median 5Y
1.9
Industry
2.3
vs History
41
vs Industry
62
Median 3Y
0.7
Median 5Y
0.6
Industry
1.3
Forward
0.6
vs History
1
vs Industry
42
Median 3Y
2.6
Median 5Y
2.5
Industry
3.1
vs History
1
vs Industry
54
Median 3Y
4.8
Median 5Y
4.6
Industry
9.8
Forward
5.9
vs History
1
vs Industry
57
Median 3Y
5.3
Median 5Y
5.2
Industry
13
Forward
5.9
vs History
11
vs Industry
54
Median 3Y
6.4
Median 5Y
6.3
Industry
12.1
vs History
9
vs Industry
51
Median 3Y
6.7
Median 5Y
6.5
Industry
14.2
vs History
1
vs Industry
15
Median 3Y
2.7
Median 5Y
2.5
Industry
1.7

Multiples Across Competitors

CHZ Competitors Multiples
HRnetGroup Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
HRnetGroup Ltd
SGX:CHZ
686.1m SGD 1.2 15.4 7 8.2
JP
Recruit Holdings Co Ltd
TSE:6098
12.2T JPY 3.4 32.5 19.9 24.7
US
Robert Half Inc
SWB:RHJ
6.7B EUR 1.3 36.8 23.9 29.3
NL
Randstad NV
AEX:RAND
6.2B EUR 0.3 58.6 8.9 19.1
US
Robert Half International Inc
NYSE:RHI
4.6B USD 0.8 22.3 13.8 16.9
CN
51job Inc
F:IWQ
3.9B EUR 7.2 49.8 40 40.8
CH
Adecco Group AG
SIX:ADEN
3.5B CHF 0.2 12.5 7.3 10.3
US
TriNet Group Inc
NYSE:TNET
4B USD 0.8 23.3 11.3 13.8
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 13.5 6.9 8.5
US
Alight Inc
NYSE:ALIT
2.9B USD 1.2 -18.4 10.2 83.3
P/E Multiple
Earnings Growth PEG
SG
HRnetGroup Ltd
SGX:CHZ
Average P/E: 28.1
15.4
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
32.5
17%
1.9
US
R
Robert Half Inc
SWB:RHJ
36.8
26%
1.4
NL
R
Randstad NV
AEX:RAND
58.6
87%
0.7
US
Robert Half International Inc
NYSE:RHI
22.3
26%
0.9
CN
5
51job Inc
F:IWQ
49.8
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
12.5
24%
0.5
US
TriNet Group Inc
NYSE:TNET
23.3
18%
1.3
JP
P
Persol Holdings Co Ltd
TSE:2181
15.8
18%
0.9
US
Korn Ferry
NYSE:KFY
13.5
24%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -18.4 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
HRnetGroup Ltd
SGX:CHZ
Average EV/EBITDA: 14.1
7
N/A N/A
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
8.9
10%
0.9
US
Robert Half International Inc
NYSE:RHI
13.8
37%
0.4
CN
5
51job Inc
F:IWQ
40
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
7.3
11%
0.7
US
TriNet Group Inc
NYSE:TNET
11.3
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
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
HRnetGroup Ltd
SGX:CHZ
Average EV/EBIT: 24
8.2
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
24.7
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
29.3
35%
0.8
NL
R
Randstad NV
AEX:RAND
19.1
21%
0.9
US
Robert Half International Inc
NYSE:RHI
16.9
35%
0.5
CN
5
51job Inc
F:IWQ
40.8
N/A N/A
CH
A
Adecco Group AG
SIX:ADEN
10.3
15%
0.7
US
TriNet Group Inc
NYSE:TNET
13.8
1%
13.8
JP
P
Persol Holdings Co Ltd
TSE:2181
9
N/A N/A
US
Korn Ferry
NYSE:KFY
8.5
16%
0.5
US
Alight Inc
NYSE:ALIT
83.3
56%
1.5