Randstad Valuation

Q: What is the Fair Price of RSH0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

RSH0 (€29.27) is trading below our estimate of [[fair value]] (€41.4)

Is RSH0 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 RSH0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RSH0 (€29.27) is trading below our estimate of fair value (€41.4)

Significantly Below Fair Value: RSH0 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RSH0?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for RSH0. This is calculated by dividing RSH0's market cap by their current preferred multiple.
What is RSH0's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€8.67b

RSH0 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/Revenue	0.3x
Enterprise Value/EBITDA	8x
PEG Ratio	2.7x

Price to Earnings Ratio vs Peers

How does RSH0's PE Ratio compare to its peers?

The above table shows the PE ratio for RSH0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	22.1x
AAD Amadeus FiRe	12x	7.2%	€417.2m
GBF Bilfinger	7.8x	2.3%	€1.7b
PAYC Paycom Software	20.4x	2.7%	US$9.4b
PCTY Paylocity Holding	48x	16.2%	US$9.8b
RSH0 Randstad	10x	3.7%	€8.7b

Price-To-Earnings vs Peers: RSH0 is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (34.9x).

Price to Earnings Ratio vs Industry

How does RSH0's PE Ratio compare vs other companies in the European Professional Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.8%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.8%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: RSH0 is good value based on its Price-To-Earnings Ratio (10x) compared to the European Professional Services industry average (17.1x).

Price to Earnings Ratio vs Fair Ratio

What is RSH0'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.

RSH0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10x
Fair PE Ratio	25.3x

Price-To-Earnings vs Fair Ratio: RSH0 is good value based on its Price-To-Earnings Ratio (10x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.