1.00%
-10.07%
-13.08%
-25.92%
-24.93%
-48.61%
-37.73%

Company Description

ManpowerGroup Inc.provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands.


It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector.It operates through a network of approximately 2,200 offices in 75 countries and territories.


The company was incorporated in 1948 and is based in Milwaukee, Wisconsin.

Market Data

Last Price 54.31
Change Percentage 1.00%
Open 53.84
Previous Close 53.77
Market Cap ( Millions) 2536
Volume 612744
Year High 78.87
Year Low 53.31
M A 50 57.99
M A 200 67.18

Financial Ratios

FCF Yield 10.18%
Dividend Yield 5.67%
ROE 6.74%
Debt / Equity 57.96%
Net Debt / EBIDTA 199.56%
Price To Book 1.21
Price Earnings Ratio 17.67
Price To FCF 9.83
Price To sales 0.18
EV / EBITDA 9.0

News

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Staffing and Interim

Expected Growth : 1.8 %

What the company do ?

Staffing and Interim from ManpowerGroup Inc. provides temporary, contract, and project-based workforce solutions to clients, filling labor gaps and enhancing business agility.

Why we expect these perspectives ?

ManpowerGroup's Staffing and Interim segment growth of 1.8% is driven by increasing demand for temporary and contract workers, particularly in the IT and healthcare sectors. Additionally, the company's strategic investments in digital platforms and its ability to adapt to changing labor market trends have contributed to its growth.

Segment n°2 -> Outcome-Based Solutions and Consulting

Expected Growth : 1.9 %

What the company do ?

Outcome-Based Solutions and Consulting from ManpowerGroup Inc. provides tailored solutions to improve business outcomes, leveraging expertise in talent development, workforce management, and operational efficiency.

Why we expect these perspectives ?

ManpowerGroup's Outcome-Based Solutions and Consulting segment growth of 1.9% is driven by increasing demand for workforce analytics, talent development, and strategic workforce planning. Clients seek to optimize labor costs, improve productivity, and enhance employee experience, leading to higher adoption of outcome-based solutions. Additionally, the company's consulting services, which focus on HR transformation, change management, and organizational design, also contribute to the segment's growth.

Segment n°3 -> Permanent Recruitment

Expected Growth : 2.1 %

What the company do ?

Permanent Recruitment from ManpowerGroup Inc. offers clients a tailored approach to find and retain top talent, providing a comprehensive recruitment process to ensure the best fit for their organization.

Why we expect these perspectives ?

The 2.1% growth in Permanent Recruitment from ManpowerGroup Inc. is driven by increasing demand for skilled talent, particularly in IT and healthcare, as well as a rise in permanent hiring in emerging markets. Additionally, the growing need for companies to adapt to changing workforce dynamics and upskill their employees is contributing to this growth.

Segment n°4 -> Other

Expected Growth : 1.7 %

What the company do ?

Other from ManpowerGroup Inc. refers to the company's miscellaneous revenue streams, including fees from franchise operations and other non-core business activities.

Why we expect these perspectives ?

ManpowerGroup's 1.7% growth in Other segment is driven by increasing demand for workforce solutions, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on digital transformation, talent development, and innovative services has contributed to this growth. Furthermore, the rise of the gig economy and changing workforce dynamics have also fueled demand for ManpowerGroup's services.

Segment n°5 -> Intercompany Eliminations

Expected Growth : 0.0 %

What the company do ?

Intercompany Eliminations from ManpowerGroup Inc. refers to the removal of transactions between subsidiaries to present a consolidated financial statement, eliminating internal sales and profits.

Why we expect these perspectives ?

Intercompany eliminations from ManpowerGroup Inc. remained flat at 0.0% growth, driven by offsetting transactions between subsidiaries, lack of significant M&A activity, and stable internal reorganization. This suggests a focus on operational efficiency and minimal changes to the company's internal structure.

Manpowergroup Inc. Products

Product Range What is it ?
Contingent Workforce Solutions Provides temporary, contract, and temporary-to-permanent staffing solutions to clients across various industries
Permanent Recruitment Offers permanent placement services, including executive search, professional search, and recruitment process outsourcing
Outsourcing Provides business process outsourcing (BPO) services, including payroll, HR, and procurement outsourcing
Career Transition Offers outplacement services, including career coaching, resume building, and job placement assistance
Talent Development Provides training and development programs, including leadership development, skills training, and talent analytics
RPO (Recruitment Process Outsourcing) Offers customized recruitment process outsourcing solutions to manage clients' recruitment needs
MSP (Managed Service Provider) Provides vendor management and contingent workforce management services to clients

ManpowerGroup Inc.'s Porter Forces

The threat of substitutes for ManpowerGroup Inc. is medium, as there are some alternatives available in the market, but they are not very attractive to customers.

The bargaining power of customers for ManpowerGroup Inc. is low, as customers have limited options and the company has a strong brand presence.

The bargaining power of suppliers for ManpowerGroup Inc. is medium, as the company has a diverse supplier base and is not heavily dependent on a single supplier.

The threat of new entrants for ManpowerGroup Inc. is high, as the industry is attractive and there are low barriers to entry.

The intensity of rivalry for ManpowerGroup Inc. is high, as the industry is highly competitive and there are many established players.

Capital Structure

Value
Debt Weight 33.16%
Debt Cost 11.39%
Equity Weight 66.84%
Equity Cost 11.39%
WACC 11.39%
Leverage 49.60%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
WOR Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. It operates through Steel Processing, Consumer …
MLI Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates …
KFY Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company …
NSP Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimization and Workforce …
RHI Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
54.31$
Current Price
54.31$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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