A

Adecco Group AG
SIX:ADEN

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Adecco Group AG
SIX:ADEN
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Price: 21.96 CHF -3% Market Closed
Market Cap: 3.7B CHF

Relative Value

The Relative Value of one ADEN stock under the Base Case scenario is 61.07 CHF. Compared to the current market price of 21.96 CHF, Adecco Group AG is Undervalued by 64%.

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.

ADEN Relative Value
Base Case
61.07 CHF
Undervaluation 64%
Relative Value
Price
A
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
86
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
Forward
0.2
vs History
52
vs Industry
39
Median 3Y
15.9
Median 5Y
14.8
Industry
18.8
Forward
10.2
vs History
87
vs Industry
60
Median 3Y
9
Median 5Y
9.4
Industry
12.7
vs History
38
vs Industry
41
Median 3Y
12.4
Median 5Y
11.4
Industry
17.4
vs History
82
vs Industry
66
Median 3Y
1.4
Median 5Y
1.5
Industry
2.5
vs History
90
vs Industry
78
Median 3Y
0.3
Median 5Y
0.3
Industry
1.4
Forward
0.3
vs History
87
vs Industry
63
Median 3Y
1.6
Median 5Y
1.6
Industry
3.4
vs History
39
vs Industry
43
Median 3Y
8.2
Median 5Y
7.9
Industry
9.7
Forward
7.4
vs History
36
vs Industry
39
Median 3Y
11.3
Median 5Y
10.9
Industry
12.5
Forward
9.7
vs History
82
vs Industry
44
Median 3Y
13
Median 5Y
12.3
Industry
11.7
vs History
84
vs Industry
39
Median 3Y
18.6
Median 5Y
16.8
Industry
13.8
vs History
87
vs Industry
65
Median 3Y
1
Median 5Y
1
Industry
1.8

Multiples Across Competitors

ADEN Competitors Multiples
Adecco Group AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 14.1 8.1 11.3
JP
Recruit Holdings Co Ltd
TSE:6098
11.7T JPY 3.3 27 17.6 21.1
NL
Randstad NV
AEX:RAND
5.7B EUR 0.2 109.1 8.4 18.9
US
Robert Half Inc
SWB:RHJ
3.9B EUR 0.8 28.8 24 34.8
CN
51job Inc
F:IWQ
3.9B EUR 7.2 49.8 40 40.8
JP
Persol Holdings Co Ltd
TSE:2181
611.9B JPY 0.4 18.2 6.3 10.1
US
Korn Ferry
NYSE:KFY
3.4B USD 1.2 13.8 7 8.6
JP
TechnoPro Holdings Inc
TSE:6028
504.8B JPY 2.1 30.8 17 19.2
PL
Benefit Systems SA
WSE:BFT
11.1B PLN 2.9 24.7 12.2 19.9
US
TriNet Group Inc
NYSE:TNET
2.7B USD 0.5 20.7 10.9 14.1
US
Robert Half International Inc
NYSE:RHI
2.7B USD 0.5 17.4 13.7 19.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CH
A
Adecco Group AG
SIX:ADEN
Average EV/EBIT: 19.9
11.3
14%
0.8
JP
Recruit Holdings Co Ltd
TSE:6098
21.1
N/A N/A
NL
R
Randstad NV
AEX:RAND
18.9
19%
1
US
R
Robert Half Inc
SWB:RHJ
34.8
18%
1.9
CN
5
51job Inc
F:IWQ
40.8
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
10.1
N/A N/A
US
Korn Ferry
NYSE:KFY
8.6
10%
0.9
JP
TechnoPro Holdings Inc
TSE:6028
19.2
N/A N/A
PL
B
Benefit Systems SA
WSE:BFT
19.9
27%
0.7
US
TriNet Group Inc
NYSE:TNET
14.1
1%
14.1
US
Robert Half International Inc
NYSE:RHI
19.8
18%
1.1