| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
KFY Stock Overview
Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide.
Korn Ferry Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$67.78 |
| 52 Week High | US$84.68 |
| 52 Week Low | US$45.60 |
| Beta | 1.5 |
| 1 Month Change | -8.85% |
| 3 Month Change | -7.23% |
| 1 Year Change | 40.68% |
| 3 Year Change | 52.80% |
| 5 Year Change | 133.40% |
| Change since IPO | 421.39% |
Recent News & Updates
Do Korn Ferry's (NYSE:KFY) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Investors Will Want Korn Ferry's (NYSE:KFY) Growth In ROCE To Persist
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| KFY | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -7.5% | -4.3% | -4.0% |
| 1Y | 40.7% | 1.8% | 6.6% |
Return vs Industry: KFY exceeded the US Professional Services industry which returned 2.6% over the past year.
Return vs Market: KFY exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| KFY volatility | |
|---|---|
| KFY Average Weekly Movement | 5.1% |
| Professional Services Industry Average Movement | 6.2% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: KFY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KFY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 7,889 | Gary Burnison | https://www.kornferry.com |
Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and RPO (Recruitment Process Outsourcing) & Professional Search. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the industrial, financial services, life sciences/healthcare provider, consumer, technology, and educational/not-for-profit market sectors.
Korn Ferry Fundamentals Summary
| KFY fundamental statistics | |
|---|---|
| Market Cap | US$3.69b |
| Earnings (TTM) | US$262.31m |
| Revenue (TTM) | US$2.26b |
14.1x
P/E Ratio1.6x
P/S RatioIs KFY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KFY income statement (TTM) | |
|---|---|
| Revenue | US$2.26b |
| Cost of Revenue | US$1.63b |
| Gross Profit | US$627.13m |
| Expenses | US$364.82m |
| Earnings | US$262.31m |
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.82 |
| Gross Margin | 27.81% |
| Net Profit Margin | 11.63% |
| Debt/Equity Ratio | 26.6% |
How did KFY perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield9%
Payout RatioValuation
Is Korn Ferry undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KFY ($67.78) is trading below our estimate of fair value ($166.16)
Significantly Below Fair Value: KFY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KFY is good value based on its PE Ratio (14.1x) compared to the US Professional Services industry average (23.1x).
PE vs Market: KFY is good value based on its PE Ratio (14.1x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: KFY is poor value based on its PEG Ratio (9.6x)
Price to Book Ratio
PB vs Industry: KFY is good value based on its PB Ratio (2.5x) compared to the US Professional Services industry average (2.7x).
Future Growth
How is Korn Ferry forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
1.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KFY's forecast earnings growth (1.5% per year) is below the savings rate (2%).
Earnings vs Market: KFY's earnings (1.5% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: KFY's earnings are forecast to grow, but not significantly.
Revenue vs Market: KFY's revenue (5.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: KFY's revenue (5.4% 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 KFY's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Korn Ferry performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KFY has high quality earnings.
Growing Profit Margin: KFY's current net profit margins (11.6%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: KFY's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: KFY's earnings growth over the past year (1579.6%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: KFY earnings growth over the past year (1579.6%) exceeded the Professional Services industry 33.6%.
Return on Equity
High ROE: KFY's Return on Equity (18.3%) is considered low.
Financial Health
How is Korn Ferry's financial position?
Financial Position Analysis
Short Term Liabilities: KFY's short term assets ($1.5B) exceed its short term liabilities ($697.1M).
Long Term Liabilities: KFY's short term assets ($1.5B) exceed its long term liabilities ($936.5M).
Debt to Equity History and Analysis
Debt Level: KFY has more cash than its total debt.
Reducing Debt: KFY's debt to equity ratio has increased from 25.2% to 26.6% over the past 5 years.
Debt Coverage: KFY's debt is well covered by operating cash flow (76.2%).
Interest Coverage: KFY's interest payments on its debt are well covered by EBIT (15.6x coverage).
Balance Sheet
Dividend
What is Korn Ferry current dividend yield, its reliability and sustainability?
0.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KFY's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: KFY's dividend (0.71%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KFY has been paying a dividend for less than 10 years.
Growing Dividend: KFY's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.9%), KFY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KFY'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?
11.8yrs
Average management tenure
CEO
Gary Burnison (60 yo)
14.5yrs
Tenure
US$11,347,527
Compensation
Mr. Gary D. Burnison has been the President and Chief Executive Officer at Korn Ferry since July 2007 and also has been its Executive Director at Korn Ferry June 5, 2007. He has been the President and Chie...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD11.35M) is above average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Gary's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: KFY's management team is seasoned and experienced (11.8 years average tenure).
Board Members
Experienced Board: KFY's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KFY 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
Korn Ferry's employee growth, exchange listings and data sources
Key Information
- Name: Korn Ferry
- Ticker: KFY
- Exchange: NYSE
- Founded: 1969
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Implied Market Cap: US$3.688b
- Shares outstanding: 54.41m
- Website: https://www.kornferry.com
Number of Employees
Location
- Korn Ferry
- 1900 Avenue of the Stars
- Suite 2600
- Los Angeles
- California
- 90067
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 23:56 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/10/31 |
| Annual Earnings | 2021/04/30 |
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.