Market Cap
US$1.3b
Last Updated
2019/09/16 23:51 UTC
Data Sources
Company Financials +
Executive Summary
CBIZ, Inc. provides professional business services, products, and solutions that help its clients in managing finances and employees.
Snowflake
Fundamentals
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has CBIZ's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.2%
NYSE:CBZ
1.1%
US Professional Services
1.1%
US Market
1 Year Return
-0.4%
NYSE:CBZ
9.4%
US Professional Services
2.1%
US Market
CBZ underperformed the Professional Services industry which returned 8.8% over the past year.
CBZ underperformed the Market in United States of America which returned 2% over the past year.
Share holder returns
| CBZ | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 1.1% | 1.1% |
| 30 Day | 1.7% | 0.6% | 3.7% |
| 90 Day | 17.0% | 5.3% | 2.3% |
| 1 Year | -0.4%-0.4% | 10.4%9.4% | 4.4%2.1% |
| 3 Year | 113.8%113.8% | 51.6%46.4% | 47.0%37.4% |
| 5 Year | 189.4%189.4% | 82.5%72.6% | 61.6%43.8% |
Price Volatility Vs. Market
How volatile is CBIZ's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In CBIZ, Inc. (NYSE:CBZ)1 week ago | Simply Wall St
Read This Before You Buy CBIZ, Inc. (NYSE:CBZ) Because Of Its P/E Ratio3 weeks ago | Simply Wall St
Here's Why We Think CBIZ (NYSE:CBZ) Is Well Worth WatchingValuation
Is CBIZ undervalued based on future cash flows and its price relative to the stock market?
17%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
CBIZ's share price is below the future cash flow value, but not at a moderate discount (< 20%).
CBIZ's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
CBIZ is good value based on earnings compared to the US Professional Services industry average.
CBIZ is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
CBIZ is poor value based on expected growth next year.
Price Based on Value of Assets
CBIZ is good value based on assets compared to the US Professional Services industry average.
Next Steps
Future Growth
How is CBIZ expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
9.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
CBIZ's revenue is expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
CBIZ's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
CBIZ's revenue growth is positive but not above the United States of America market average.
CBIZ's earnings growth is positive but not above the United States of America market average.
CBIZ's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if CBIZ will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has CBIZ performed over the past 5 years?
18.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
CBIZ's year on year earnings growth rate has been positive over the past 5 years.
CBIZ's 1-year earnings growth is less than its 5-year average (5.2% vs 18.8%)
CBIZ's earnings growth has not exceeded the US Professional Services industry average in the past year (5.2% vs 37.9%).
Return on Equity
CBIZ has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
CBIZ used its assets less efficiently than the US Professional Services industry average last year based on Return on Assets.
Return on Capital Employed
CBIZ has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is CBIZ's financial position?
Financial Position Analysis
CBIZ is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
CBIZ's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
CBIZ's level of debt (24.9%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (52.2% vs 24.9% today).
Debt is well covered by operating cash flow (53.1%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 15.5x coverage).
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 2.9x debt.
Next Steps
Dividend
What is CBIZ's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate CBIZ's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate CBIZ's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as CBIZ has not reported any payouts.
Unable to verify if CBIZ's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as CBIZ has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of CBIZ's salary, the management and board of directors tenure and is there insider trading?
5.7yrs
Average management tenure
CEO
Jerome Grisko (57yo)
3.5yrs
Tenure
US$4,094,381
Compensation
Mr. Jerome P. Grisko, Jr., also known as Jerry, has been the President and Chief Executive Officer of CBIZ, Inc. (formerly, Century Business Services Inc.) at CBIZ HealthCare Solutions Group, Inc. since Fe ...
CEO Compensation Analysis
Jerome's remuneration is about average for companies of similar size in United States of America.
Jerome's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
Management Age and Tenure
5.7yrs
Average Tenure
60yo
Average Age
The average tenure for the CBIZ management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
14.4yrs
Average Tenure
69.5yo
Average Age
The average tenure for the CBIZ board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
CBIZ individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 70,000 |
| Max Price | US$23.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$20.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 15,684 |
| Max Price | US$20.40 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,500 |
| Max Price | US$20.27 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,500 |
| Max Price | US$20.14 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,488 |
| Max Price | US$20.63 |
Ownership Breakdown
Management Team
Michael DeGroote (85yo)
- Tenure: 0yrs
Jerome Grisko (57yo)
President
- Tenure: 3.5yrs
- Compensation: US$4.09m
Chris Spurio (53yo)
President of Financial Services
- Tenure: 5.7yrs
- Compensation: US$1.95m
Ware Grove (68yo)
Senior VP & CFO
- Tenure: 18.8yrs
- Compensation: US$1.93m
Michael Gleespen (60yo)
Corporate Secretary & General Counsel
- Tenure: 18.3yrs
Mark Waxman (62yo)
Senior VP & Chief Marketing Officer
- Tenure: 18.7yrs
Michael Kouzelos (50yo)
President of Benefits & Insurance Services
- Tenure: 3.2yrs
- Compensation: US$1.74m
Daniel Clark (64yo)
Investor Relations Officer
- Tenure: 0yrs
John Fleischer (57yo)
Senior VP & Chief Information Officer
- Tenure: 5.1yrs
Fred Winkler
Chief Operating Officer
- Tenure: 0yrs
- Compensation: US$1.04m
Board Members
Sherrill Hudson (76yo)
Independent Director
- Tenure: 4.6yrs
- Compensation: US$192.83k
Rick Burdick (67yo)
Lead Director & Vice Chairman
- Tenure: 16.9yrs
- Compensation: US$190.33k
Joseph DiMartino (76yo)
Independent Director
- Tenure: 21.8yrs
- Compensation: US$200.33k
Jerome Grisko (57yo)
President
- Tenure: 3.5yrs
- Compensation: US$4.09m
Steven Gerard (73yo)
Non-Executive Chairman
- Tenure: 16.9yrs
- Compensation: US$276.07k
Bennie Wiley (72yo)
Independent Director
- Tenure: 11.3yrs
- Compensation: US$179.33k
Gina France (60yo)
Independent Director
- Tenure: 4.6yrs
- Compensation: US$173.33k
Todd Slotkin (66yo)
Independent Director
- Tenure: 16yrs
- Compensation: US$191.33k
Donald Weir (77yo)
Independent Director
- Tenure: 16yrs
- Compensation: US$200.33k
Mike DeGroote (58yo)
Director
- Tenure: 12.8yrs
- Compensation: US$173.33k
Company Information
CBIZ, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CBIZ, Inc.
- Ticker: CBZ
- Exchange: NYSE
- Founded: 1987
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: US$1.277b
- Shares outstanding: 54.21m
- Website: https://www.cbiz.com
Number of Employees
Location
- CBIZ, Inc.
- 6050 Oak Tree Boulevard South
- Suite 500
- Cleveland
- Ohio
- 44131
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CBZ | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1995 |
| XC4 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 1995 |
| 0HQI | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 1995 |
Biography
CBIZ, Inc. provides professional business services, products, and solutions that help its clients in managing finances and employees. It offers its services through three groups: Financial Services, Benefi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/16 23:51 |
| End of Day Share Price | 2019/09/16 00:00 |
| Earnings | 2019/06/30 |
| 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.