ManpowerGroup Inc
XMUN:MPW

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ManpowerGroup Inc
XMUN:MPW
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Price: 25.36 EUR
Market Cap: €1.2B

P/FCFE

-12.8
Current
188%
Cheaper
vs 3-y average of 14.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-12.8
=
Market Cap
€1.4B
/
Free Cash Flow to Equity
$-114.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-12.8
=
Market Cap
€1.4B
/
Free Cash Flow to Equity
$-114.1m

Valuation Scenarios

ManpowerGroup Inc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (14.6), the stock would be worth €-28.95 (214% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-271%
Maximum Upside
No Upside Scenarios
Average Downside
215%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -12.8 €25.36
0%
3-Year Average 14.6 €-28.95
-214%
5-Year Average 10.4 €-20.75
-182%
Industry Average 12 €-23.82
-194%
Country Average 21.9 €-43.43
-271%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
ManpowerGroup Inc
XMUN:MPW
1.5B EUR -12.8 -88.8
JP
Recruit Holdings Co Ltd
TSE:6098
10.5T JPY 23 25.3
NL
Randstad NV
AEX:RAND
4.4B EUR 12 15.8
CN
51job Inc
F:IWQ
3.9B EUR 341.5 49
US
Robert Half Inc
SWB:RHJ
3.9B EUR 17 35
CH
Adecco Group AG
SIX:ADEN
3B CHF 19.4 10.9
PL
Benefit Systems SA
WSE:BFT
12.6B PLN 9.3 22.9
US
Korn Ferry
NYSE:KFY
3.5B USD 12.3 13
JP
Persol Holdings Co Ltd
TSE:2181
535.9B JPY 11 13.6
JP
TechnoPro Holdings Inc
TSE:6028
502.9B JPY 40.4 30.7
SG
Jinhai International Group Holdings Ltd
HKEX:2225
23.3B HKD -1 020.4 -223.7
P/E Multiple
Earnings Growth PEG
US
ManpowerGroup Inc
XMUN:MPW
Average P/E: 24
Negative Multiple: -88.8
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
25.3
18%
1.4
NL
R
Randstad NV
AEX:RAND
15.8
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
10.9
24%
0.5
PL
B
Benefit Systems SA
WSE:BFT
22.9
26%
0.9
US
Korn Ferry
NYSE:KFY
13
11%
1.2
JP
P
Persol Holdings Co Ltd
TSE:2181
13.6
14%
1
JP
TechnoPro Holdings Inc
TSE:6028
30.7
19%
1.6
SG
Jinhai International Group Holdings Ltd
HKEX:2225
Negative Multiple: -223.7 N/A N/A

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 7 576 companies
0th percentile
-10.3
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

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.

MPW Intrinsic Value
105.46 EUR
Undervaluation 76%
Intrinsic Value
Price €25.36
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