Market Cap
US$1.5b
Last Updated
2021/01/21 23:50 UTC
Data Sources
Company Financials +
Executive Summary
CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
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
Stable Share Price: CBZ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CBZ's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.04%
CBZ
1.4%
US Professional Services
1.4%
US Market
1 Year Return
-1.1%
CBZ
17.0%
US Professional Services
22.6%
US Market
Return vs Industry: CBZ underperformed the US Professional Services industry which returned 17% over the past year.
Return vs Market: CBZ underperformed the US Market which returned 22.8% over the past year.
Shareholder returns
| CBZ | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.04% | 1.4% | 1.4% |
| 30 Day | 5.4% | -0.5% | 4.9% |
| 90 Day | 13.4% | 11.8% | 14.6% |
| 1 Year | -1.1%-1.1% | 17.9%17.0% | 25.4%22.6% |
| 3 Year | 63.4%63.4% | 53.6%49.3% | 46.8%37.0% |
| 5 Year | 176.0%176.0% | 139.0%125.7% | 132.0%106.1% |
Long-Term 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 week ago | Simply Wall St
Is There An Opportunity With CBIZ, Inc.'s (NYSE:CBZ) 22% Undervaluation?4 weeks ago | Simply Wall St
Here's Why I Think CBIZ (NYSE:CBZ) Is An Interesting Stock1 month ago | Simply Wall St
CBIZ, Inc. (NYSE:CBZ) Insiders Have Been SellingValuation
Is CBIZ undervalued compared to its fair value and its price relative to the market?
21.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CBZ ($27.21) is trading below our estimate of fair value ($34.58)
Significantly Below Fair Value: CBZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CBZ is good value based on its PE Ratio (19.2x) compared to the US Professional Services industry average (25.6x).
PE vs Market: CBZ is good value based on its PE Ratio (19.2x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: CBZ is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: CBZ is good value based on its PB Ratio (2.1x) compared to the US Professional Services industry average (3.5x).
Next Steps
Future Growth
How is CBIZ forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBZ's forecast earnings growth (6.6% per year) is above the savings rate (2%).
Earnings vs Market: CBZ's earnings (6.6% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: CBZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: CBZ's revenue (3.7% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: CBZ's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBZ's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has CBIZ performed over the past 5 years?
16.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBZ has high quality earnings.
Growing Profit Margin: CBZ's current net profit margins (8.1%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: CBZ's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: CBZ's earnings growth over the past year (8.5%) is below its 5-year average (16.6% per year).
Earnings vs Industry: CBZ earnings growth over the past year (8.5%) exceeded the Professional Services industry -0.06%.
Return on Equity
High ROE: CBZ's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is CBIZ's financial position?
Financial Position Analysis
Short Term Liabilities: CBZ's short term assets ($425.9M) exceed its short term liabilities ($298.1M).
Long Term Liabilities: CBZ's short term assets ($425.9M) exceed its long term liabilities ($409.1M).
Debt to Equity History and Analysis
Debt Level: CBZ's debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: CBZ's debt to equity ratio has reduced from 45% to 15.6% over the past 5 years.
Debt Coverage: CBZ's debt is well covered by operating cash flow (116.6%).
Interest Coverage: CBZ's interest payments on its debt are well covered by EBIT (18.1x coverage).
Balance Sheet
Next Steps
Dividend
What is CBIZ current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CBZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CBZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CBZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CBZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CBZ's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
Jerome Grisko (58 yo)
4.83yrs
Tenure
US$3,847,501
Compensation
Mr. Jerome P. Grisko, Jr., also known as Jerry, has been the President and Chief Executive Officer of CBIZ, Inc. (formerly, Century Business Services Inc.) at CBIZ HealthCare Solutions Group, Inc. since Fe...
CEO Compensation Analysis
Compensation vs Market: Jerome's total compensation ($USD3.85M) is about average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: Jerome's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.83yrs | US$3.85m | 1.29% $ 18.9m | |
| Senior VP & CFO | 20.08yrs | US$1.67m | 0.42% $ 6.2m | |
| President of Financial Services | 7yrs | US$1.69m | 0.33% $ 4.9m | |
| President of Benefits & Insurance Services | 4.5yrs | US$1.52m | 0.53% $ 7.7m | |
| no data | no data | no data | ||
| Chief Operating Officer | no data | US$248.50k | no data | |
| Senior VP & Chief Information Officer | 6.42yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Corporate Secretary & General Counsel | 19.58yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | 20yrs | no data | no data | |
| Vice President of Corporate Development | 13.67yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 7yrs | no data | no data |
7.0yrs
Average Tenure
59.5yo
Average Age
Experienced Management: CBZ's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.83yrs | US$3.85m | 1.29% $ 18.9m | |
| Independent Director | 5.92yrs | US$212.86k | 0.14% $ 2.1m | |
| Independent Lead Director & Vice Chairman | 18.25yrs | US$210.11k | 0.31% $ 4.6m | |
| Independent Director | 23.17yrs | US$216.61k | 0.083% $ 1.2m | |
| Independent Non-Executive Chairman | 18.25yrs | US$280.69k | 0.60% $ 8.9m | |
| Independent Director | 12.67yrs | US$198.11k | 0.12% $ 1.7m | |
| Independent Director | 5.92yrs | US$192.11k | 0.10% $ 1.5m | |
| Independent Director | 17.33yrs | US$210.11k | 0.077% $ 1.1m | |
| Independent Director | 0.42yr | no data | no data | |
| Independent Director | 14.17yrs | US$192.11k | 0.43% $ 6.3m |
13.4yrs
Average Tenure
67.5yo
Average Age
Experienced Board: CBZ's board of directors are seasoned and experienced ( 13.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CBZ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$1.471b
- Shares outstanding: 54.06m
- 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 financial, insurance, and advisory services in the United States and Canada. The company’s financial services include accounting and tax, government healthcare consulting, financial adv...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:50 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.