Randstad Valuation

Is RAND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RAND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RAND (€41.46) is trading below our estimate of fair value (€96.38)

Significantly Below Fair Value: RAND is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for RAND?

Other financial metrics that can be useful for relative valuation.

RAND key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA12x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does RAND's PE Ratio compare to its peers?

The above table shows the PE ratio for RAND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.9x
BRNL Brunel International
14.1x25.4%€442.0m
ARCAD Arcadis
28.9x19.0%€6.0b
MAJ Majorel Group Luxembourg
19.9x13.0%€2.9b
WKL Wolters Kluwer
36.6x7.2%€38.6b
RAND Randstad
17x18.6%€7.4b

Price-To-Earnings vs Peers: RAND is good value based on its Price-To-Earnings Ratio (17x) compared to the peer average (24.9x).


Price to Earnings Ratio vs Industry

How does RAND's PE Ratio compare vs other companies in the European Professional Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: RAND is good value based on its Price-To-Earnings Ratio (17x) compared to the European Professional Services industry average (18.7x).


Price to Earnings Ratio vs Fair Ratio

What is RAND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RAND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ratio23.8x

Price-To-Earnings vs Fair Ratio: RAND is good value based on its Price-To-Earnings Ratio (17x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RAND forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€41.46
€45.40
+9.5%
14.6%€60.00€35.00n/a15
Nov ’25€42.72
€45.40
+6.3%
14.6%€60.00€35.00n/a15
Oct ’25€44.18
€46.13
+4.4%
14.5%€60.00€35.00n/a15
Sep ’25€43.55
€46.20
+6.1%
14.4%€60.00€35.00n/a15
Aug ’25€43.23
€47.20
+9.2%
12.8%€60.00€39.00n/a15
Jul ’25€42.81
€48.13
+12.4%
12.5%€60.00€39.00n/a15
Jun ’25€48.40
€49.00
+1.2%
12.0%€60.00€41.00n/a15
May ’25€47.20
€48.93
+3.7%
12.1%€60.00€41.00n/a15
Apr ’25€48.92
€51.25
+4.8%
19.5%€80.00€40.00n/a14
Mar ’25€51.18
€50.96
-0.4%
20.6%€80.00€40.00n/a13
Feb ’25€52.32
€53.70
+2.6%
25.6%€88.00€40.00n/a15
Jan ’25€56.72
€53.70
-5.3%
25.6%€88.00€37.00n/a15
Dec ’24€54.82
€53.70
-2.0%
25.6%€88.00€37.00n/a15
Nov ’24€49.46
€53.70
+8.6%
25.6%€88.00€37.00€42.7215
Oct ’24€52.38
€54.63
+4.3%
24.9%€88.00€37.00€44.1815
Sep ’24€53.90
€55.09
+2.2%
25.1%€88.00€37.00€43.5514
Aug ’24€52.90
€53.90
+1.9%
24.1%€88.00€37.00€43.2316
Jul ’24€48.31
€51.79
+7.2%
20.2%€80.00€37.00€42.8113
Jun ’24€46.72
€53.58
+14.7%
18.4%€80.00€42.00€48.4012
May ’24€49.22
€53.58
+8.9%
18.4%€80.00€42.00€47.2012
Apr ’24€54.60
€55.69
+2.0%
17.8%€80.00€42.00€48.9213
Mar ’24€58.66
€55.69
-5.1%
17.8%€80.00€42.00€51.1813
Feb ’24€59.30
€54.85
-7.5%
19.5%€80.00€42.00€52.3213
Jan ’24€56.96
€54.25
-4.8%
20.2%€80.00€40.00€56.7212
Dec ’23€55.62
€53.50
-3.8%
21.9%€80.00€36.00€54.8212
Nov ’23€50.48
€53.85
+6.7%
21.4%€80.00€36.00€49.4613

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies