Announcement • May 24
Ltimindtree Uk Limited proposed to acquire Technology and Consulting Services business of Randstad N.V. (ENXTAM:RAND). Ltimindtree Uk Limited proposed to acquire Technology and Consulting Services business of Randstad N.V. (ENXTAM:RAND) on May 22, 2026. Announcement • Feb 12
Randstad N.V. announces Annual dividend, payable on April 08, 2026 Randstad N.V. announced Annual dividend of EUR 1.6200 per share payable on April 08, 2026, ex-date on March 31, 2026 and record date on April 01, 2026. Announcement • Oct 23
Randstad N.V., Annual General Meeting, Mar 27, 2026 Randstad N.V., Annual General Meeting, Mar 27, 2026. Announcement • Feb 20
Randstad N.V. announces Annual dividend, payable on April 02, 2025 Randstad N.V. announced Annual dividend of EUR 1.6200 per share payable on April 02, 2025, ex-date on March 28, 2025 and record date on March 31, 2025. Announcement • Oct 24
Randstad N.V. (ENXTAM:RAND) agreed to acquire B.V. Zorgwerk. Randstad N.V. (ENXTAM:RAND) agreed to acquire B.V. Zorgwerk on October 22, 2024. The transaction is subject to consultation with employee representative bodies and to clearance by the Netherlands Authority for Consumers and Markets (ACM). Parties aim to complete the transaction in the coming period. The acquisition strengthens Randstad’s position as a leading talent provider in the growing healthcare and care sector. Announcement • Oct 23
Randstad N.V., Annual General Meeting, Mar 26, 2025 Randstad N.V., Annual General Meeting, Mar 26, 2025. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 41% over the past three years. Upcoming Dividend • Sep 19
Upcoming dividend of €1.27 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 01 October 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Swiss dividend payers (4.4%). Higher than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: €0.43 (vs €0.74 in 2Q 2023) Second quarter 2024 results: EPS: €0.43 (down from €0.74 in 2Q 2023). Revenue: €6.09b (down 5.9% from 2Q 2023). Net income: €76.0m (down 44% from 2Q 2023). Profit margin: 1.2% (down from 2.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF124 per share. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: €0.48 (vs €0.83 in 1Q 2023) First quarter 2024 results: EPS: €0.48 (down from €0.83 in 1Q 2023). Revenue: €5.94b (down 8.9% from 1Q 2023). Net income: €86.0m (down 43% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF118 per share. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF115 per share. Upcoming Dividend • Mar 21
Upcoming dividend of €2.28 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 04 April 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Swiss dividend payers (4.1%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF121 per share. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF120 per share. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF120 per share. Declared Dividend • Feb 16
Dividend of €2.28 announced Shareholders will receive a dividend of €2.28. Ex-date: 28th March 2024 Payment date: 4th April 2024 Dividend yield will be 4.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 15
Full year 2023 earnings released: EPS: €3.45 (vs €5.04 in FY 2022) Full year 2023 results: EPS: €3.45 (down from €5.04 in FY 2022). Revenue: €25.4b (down 7.8% from FY 2022). Net income: €616.0m (down 33% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: €0.93 (vs €1.25 in 3Q 2022) Third quarter 2023 results: EPS: €0.93 (down from €1.25 in 3Q 2022). Revenue: €6.26b (down 11% from 3Q 2022). Net income: €168.0m (down 26% from 3Q 2022). Profit margin: 2.7% (down from 3.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Announcement • Aug 01
Randstad Unveils Its New Office at the Horizon, a Premier Commercial Centre Located at Bangsar South Randstad unveiled its new office at The Horizon, a premier commercial centre located at Bangsar South. Located within MSC Malaysia Cybercentre @ Bangsar South City, Randstad Malaysia's new office features a spacious area of 9,629 square feet to cater to the growing demands of Malaysia's talent market, and establish itself as an innovative force in the industry, reshaping the future of work and talent acquisition. Randstad Malaysia's new office boasts an array of purpose-built spaces, including discussion booths, phone pods, collaboration spaces, chillout spaces as well as an open event space for town halls and employee events. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: €0.74 (vs €1.06 in 2Q 2022) Second quarter 2023 results: EPS: €0.74 (down from €1.06 in 2Q 2022). Revenue: €6.47b (down 6.1% from 2Q 2022). Net income: €137.0m (down 29% from 2Q 2022). Profit margin: 2.1% (down from 2.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jul 13
Randstad N.V. (ENXTAM:RAND) agreed to acquire CTC EXTERNALIZACIÓN S.L.U. from Portobello Capital Gestión, SGEIC, S.A. Randstad N.V. (ENXTAM:RAND) signed an agreement to acquire CTC EXTERNALIZACIÓN S.L.U. from Portobello Capital Gestión, SGEIC, S.A. on July 12, 2023. The enterprise value of the acquisition is €80.5 million. In 2022, Grupo CTC reported a revenue of €230 million. The completion of the transaction is subject to several conditions, which parties expect to be fulfilled in the coming weeks. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF90.37 per share. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF92.40 per share. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF91.60 per share. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: €0.83 (vs €1.13 in 1Q 2022) First quarter 2023 results: EPS: €0.83 (down from €1.13 in 1Q 2022). Revenue: €6.52b (down 1.6% from 1Q 2022). Net income: €154.0m (down 26% from 1Q 2022). Profit margin: 2.4% (down from 3.1% in 1Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CHF54.72, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF76.21 per share. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF91.80 per share. Upcoming Dividend • Mar 23
Upcoming dividend of €2.85 per share at 5.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 04 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF85.41 per share. Recent Insider Transactions • Mar 16
CFO & Member of Executive Board recently sold CHF185k worth of stock On the 10th of March, Henry Schirmer sold around 3k shares on-market at roughly CHF60.83 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CHF864k. Henry has been a net seller over the last 12 months, reducing personal holdings by CHF112k. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CHF54.72, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF70.23 per share. Recent Insider Transactions • Feb 23
COO & Member of the Executive Board recently sold CHF864k worth of stock On the 15th of February, Chris Heutink sold around 15k shares on-market at roughly CHF59.15 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Chris has been a net seller over the last 12 months, reducing personal holdings by CHF732k. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CHF54.72, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF73.81 per share. Buying Opportunity • Feb 21
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CHF72.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 9.1% per annum over the same time period. Reported Earnings • Feb 14
Full year 2022 earnings released Full year 2022 results: Revenue: €27.6b (up 12% from FY 2021). Net income: €929.0m (up 22% from FY 2021). Profit margin: 3.4% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Professional Services industry in Europe. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF128 per share. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF87.45 per share. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF91.53 per share. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF98.02 per share. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF119 per share. Announcement • Oct 27
Randstad N.V. to Report Q3, 2023 Results on Oct 24, 2023 Randstad N.V. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: €1.25 (vs €1.07 in 3Q 2021) Third quarter 2022 results: EPS: €1.25 (up from €1.07 in 3Q 2021). Revenue: €7.05b (up 12% from 3Q 2021). Net income: €228.0m (up 16% from 3Q 2021). Profit margin: 3.2% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Professional Services industry in Europe. Total returns to shareholders of 37% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of €2.81 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 48% and the cash payout ratio is 79%. Trailing yield: 11%. Within top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF99.14 per share. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF100 per share. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF94.57 per share. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: €1.06 (vs €0.95 in 2Q 2021) Second quarter 2022 results: EPS: €1.06 (up from €0.95 in 2Q 2021). Revenue: €6.89b (up 13% from 2Q 2021). Net income: €194.0m (up 12% from 2Q 2021). Profit margin: 2.8% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 10% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF96.11 per share. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF100 per share. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF95.36 per share. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF86.43 per share. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF95.88 per share. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: €1.13 (vs €0.82 in 1Q 2021) First quarter 2022 results: EPS: €1.13 (up from €0.82 in 1Q 2021). Revenue: €6.62b (up 20% from 1Q 2021). Net income: €207.0m (up 37% from 1Q 2021). Profit margin: 3.1% (up from 2.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 9.8% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Professional Services industry in Europe. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF87.08 per share. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Professional Services industry in Europe. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF76.12 per share. Upcoming Dividend • Mar 24
Upcoming dividend of €2.19 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 05 April 2022. Payout ratio is a comfortable 53% and the cash payout ratio is 77%. Trailing yield: 8.6%. Within top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 18% share price gain to CHF64.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Professional Services industry in Europe. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF70.65 per share. Recent Insider Transactions • Feb 18
Chairman of the Executive Board & CEO recently sold CHF2.8m worth of stock On the 16th of February, Jacques van den Broek sold around 40k shares on-market at roughly CHF68.37 per share. This was the largest sale by an insider in the last 3 months. Jacques has been a seller over the last 12 months, reducing personal holdings by CHF4.7m. 
