ManpowerGroup
Market Cap
€4.7b
Last Updated
2019/10/21 20:41 UTC
Data Sources
Company Financials +
Executive Summary
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.
Snowflake
Fundamentals
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has ManpowerGroup's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.6%
MPW
3.3%
DE Professional Services
1.4%
DE Market
1 Year Return
19.0%
MPW
-16.9%
DE Professional Services
3.8%
DE Market
Return vs Industry: MPW exceeded the German Professional Services industry which returned -16.9% over the past year.
Return vs Market: MPW exceeded the German Market which returned 3.8% over the past year.
Shareholder returns
| MPW | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 3.3% | 1.4% |
| 30 Day | 0.3% | 1.4% | 1.3% |
| 90 Day | -2.8% | -18.1% | 3.1% |
| 1 Year | 22.1%19.0% | -14.5%-16.9% | 7.0%3.8% |
| 3 Year | 10.9%4.2% | -16.4%-23.3% | 18.5%8.3% |
| 5 Year | 68.2%52.5% | -8.6%-20.3% | 42.2%22.9% |
Price Volatility Vs. Market
How volatile is ManpowerGroup's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ManpowerGroup undervalued compared to its fair value and its price relative to the market?
37.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPW (€77.5) is trading below our estimate of fair value (€122.92)
Significantly Below Fair Value: MPW is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MPW is good value based on its PE Ratio (10.8x) compared to the Professional Services industry average (17.7x).
PE vs Market: MPW is good value based on its PE Ratio (10.8x) compared to the German market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: MPW is poor value based on its PEG Ratio (33.3x)
Price to Book Ratio
PB vs Industry: MPW is good value based on its PB Ratio (1.9x) compared to the DE Professional Services industry average (3.7x).
Next Steps
Future Growth
How is ManpowerGroup forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
0.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPW's forecast earnings growth (0.3% per year) is above the savings rate (0.2%).
Earnings vs Market: MPW's earnings (0.3% per year) are forecast to grow slower than the German market (12.6% per year).
High Growth Earnings: MPW's earnings are forecast to grow, but not significantly.
Revenue vs Market: MPW's revenue (0.5% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: MPW's revenue (0.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MPW's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has ManpowerGroup performed over the past 5 years?
6.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: MPW's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: MPW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MPW had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Professional Services industry average (7.1%).
Return on Equity
High ROE: MPW's Return on Equity (17.9%) is considered low.
Return on Assets
ROA vs Industry: MPW's Return on Assets is below or equal to the Professional Services industry average last year.
Return on Capital Employed
ROCE Improving: MPW's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is ManpowerGroup's financial position?
Financial Position Analysis
Short Term Liabilities: MPW's short term assets ($6.1B) exceeds its short term liabilities ($4.1B)
Long Term Liabilities: MPW's short term assets (6.1B) exceeds its long term liabilities (1.9B)
Debt to Equity History and Analysis
Debt Level: MPW's debt to equity ratio (33.3%) is considered satisfactory
Reducing Debt: MPW's debt to equity ratio has increased from 15.9% to 33.3% over the past 5 years.
Debt Coverage: MPW's debt is well covered by operating cash flow (74.9%).
Interest Coverage: MPW's interest payments on its debt are well covered by EBIT (20.3x coverage).
Balance Sheet
Inventory Level: MPW has a low level of unsold assets or inventory.
Debt Coverage by Assets: MPW's debt is covered by short term assets (assets are 6.722550x debt).
Next Steps
Dividend
What is ManpowerGroup's current dividend yield, its reliability and sustainability?
2.51%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: MPW's dividend (2.52%) is higher than the bottom 25% of dividend payers in the German market (1.47%).
High Dividend: MPW's dividend (2.52%) is low compared to the top 25% of dividend payers in the German market (3.83%).
Stable Dividend: MPW's dividends per share have been stable in the past 10 years.
Growing Dividend: MPW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.2%), MPW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MPW's dividends in 3 years are forecast to be well covered by earnings (29.7% payout ratio).
Next Steps
Management
What is the CEO of ManpowerGroup's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Jonas Prising (54yo)
5.4yrs
Tenure
US$11,444,010
Compensation
Mr. Jonas Prising has been the Chairman and Chief Executive Officer of ManpowerGroup Inc. since December 31, 2015 and May 1, 2014 respectively. Mr. Prising has been the President of The Americas Operations ...
CEO Compensation Analysis
Compensation vs. Market: Jonas's total compensation ($USD11.44M) is about average for companies of similar size in the German market ($USD3.60M).
Compensation vs Earnings: Jonas's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: MPW's management team is considered experienced (4.8 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
63yo
Average Age
Experienced Board: MPW's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
Insider Buying: MPW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 1,750 |
| Max Price | US$77.05 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Global Strategy & Talent |
| Shares | 14,871 |
| Max Price | US$76.18 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Operational Excellence |
| Shares | 14,706 |
| Max Price | US$74.91 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,750 |
| Max Price | US$75.35 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 3,471 |
| Max Price | US$73.48 |
| Entity | Individual |
| Role | Lead Director Lead Director |
| Shares | 4,000 |
| Max Price | US$71.98 |
| Entity | Individual |
| Shares | 7,403 |
| Max Price | US$68.71 |
Ownership Breakdown
Management Team
Richard Buchband (55yo)
Senior VP
- Tenure: 6.8yrs
- Compensation: US$1.58m
Mara Swan (59yo)
Executive Vice President of Global Strategy & Talent
- Tenure: 0yrs
- Compensation: US$2.36m
Stefano Scabbio
Regional President of Southern Europe
- Tenure: 16.8yrs
Jonas Prising (54yo)
Chairman & CEO
- Tenure: 5.4yrs
- Compensation: US$11.44m
Jack McGinnis (52yo)
Executive VP
- Tenure: 3.7yrs
- Compensation: US$3.69m
Ram Chandrashekar (52yo)
Executive Vice President of Operational Excellence
- Tenure: 5.7yrs
- Compensation: US$3.47m
Michelle Nettles (47yo)
Chief People and Culture Officer
- Tenure: 0.3yrs
Donald Mondano (47yo)
Senior VP
- Tenure: 1.2yrs
April Dunn
Senior VP & Chief Marketing Officer
- Tenure: 2.4yrs
Ganesh Ramakrishnan
Chief Technology Officer
- Tenure: 4.8yrs
Board Members
Bill Downe (66yo)
Lead Director
- Tenure: 2.4yrs
- Compensation: US$345.10k
Mike Van Handel (59yo)
Director
- Tenure: 1.8yrs
- Compensation: US$277.64k
Ulice Payne (63yo)
Independent Director
- Tenure: 12yrs
- Compensation: US$282.62k
Libby Sartain (64yo)
Independent Director
- Tenure: 9.2yrs
- Compensation: US$275.00k
Pat Hemingway Hall (66yo)
Independent Director
- Tenure: 8.5yrs
- Compensation: US$294.35k
John Ferraro (63yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$288.73k
Gina Boswell (56yo)
Independent Director
- Tenure: 12.7yrs
- Compensation: US$281.76k
Jonas Prising (54yo)
Chairman & CEO
- Tenure: 5.4yrs
- Compensation: US$11.44m
Cari Dominguez (67yo)
Independent Director
- Tenure: 12.4yrs
- Compensation: US$275.00k
Paul Read (53yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$290.79k
Company Information
ManpowerGroup Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ManpowerGroup Inc.
- Ticker: MPW
- Exchange: DB
- Founded: 1948
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$5.185b
- Listing Market Cap: US$4.654b
- Shares outstanding: 59.84m
- Website: https://www.manpowergroup.com
Number of Employees
Location
- ManpowerGroup Inc.
- 100 Manpower Place
- Milwaukee
- Wisconsin
- 53212
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAN | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 1991 |
| MPW | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | May 1991 |
Biography
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 p ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 20:41 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.