Korn Ferry

NYSE:KFY Stock Report

Market Cap: US$3.4b

Korn Ferry Valuation

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

Below Fair Value: KFY ($66.56) is trading below our estimate of fair value ($80.51)

Significantly Below Fair Value: KFY is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As KFY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KFY. This is calculated by dividing KFY's market cap by their current earnings.
What is KFY's PE Ratio?
PE Ratio14.1x
EarningsUS$243.65m
Market CapUS$3.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KFY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.1x
TNET TriNet Group
17x2.9%US$4.5b
NSP Insperity
23.8x-0.4%US$2.8b
MAN ManpowerGroup
70.1x52.8%US$2.7b
UPWK Upwork
25.6x18.0%US$2.2b
KFY Korn Ferry
14.1x12.1%US$3.4b

Price-To-Earnings vs Peers: KFY is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (34.1x).

Price to Earnings Ratio vs Industry

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

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CNDT Conduent
1.6x-104.3%US$705.11m
ALJJ ALJ Regional Holdings
0.7xn/aUS$70.26m
VCIG VCI Global
1.9xn/aUS$17.22m
LICN Lichen China
0.9xn/aUS$6.61m
KFY 14.1xIndustry Avg. 23.8xNo. of Companies10PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KFY is good value based on its Price-To-Earnings Ratio (14.1x) compared to the US Professional Services industry average (23.8x).

Price to Earnings Ratio vs Fair Ratio

What is KFY'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.

KFY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.1x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: KFY is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (24x).

Analyst Price Targets

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

The above table shows the analyst KFY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$66.56
US$81.50
+22.4%
3.3%US$84.00US$77.00n/a4
Dec ’25US$78.34
US$79.25
+1.2%
6.0%US$84.00US$72.00n/a4
Nov ’25US$70.65
US$79.25
+12.2%
6.0%US$84.00US$72.00n/a4
Oct ’25US$73.87
US$77.75
+5.3%
5.0%US$83.00US$72.00n/a4
Sep ’25US$73.05
US$77.00
+5.4%
3.8%US$79.00US$72.00n/a4
Aug ’25US$71.82
US$77.00
+7.2%
3.8%US$79.00US$72.00n/a4
Jul ’25US$66.56
US$77.00
+15.7%
3.8%US$79.00US$72.00n/a4
Jun ’25US$65.94
US$71.50
+8.4%
4.6%US$74.00US$66.00n/a4
May ’25US$61.18
US$71.50
+16.9%
4.6%US$74.00US$66.00n/a4
Apr ’25US$64.75
US$71.50
+10.4%
4.6%US$74.00US$66.00n/a4
Mar ’25US$64.08
US$63.75
-0.5%
2.3%US$66.00US$62.00n/a4
Feb ’25US$59.06
US$61.75
+4.6%
6.7%US$66.00US$55.00n/a4
Jan ’25US$59.35
US$60.50
+1.9%
5.5%US$64.00US$55.00n/a4
Dec ’24US$52.91
US$57.75
+9.1%
3.9%US$60.00US$54.00US$78.344
Nov ’24US$45.65
US$57.50
+26.0%
4.7%US$60.00US$53.00US$70.654
Oct ’24US$47.44
US$59.25
+24.9%
7.2%US$65.00US$53.00US$73.874
Sep ’24US$51.68
US$61.50
+19.0%
3.7%US$65.00US$59.00US$73.054
Aug ’24US$52.60
US$61.50
+16.9%
3.7%US$65.00US$59.00US$71.824
Jul ’24US$49.54
US$61.50
+24.1%
3.7%US$65.00US$59.00US$66.564
Jun ’24US$47.76
US$64.25
+34.5%
5.5%US$69.00US$59.00US$65.944
May ’24US$47.57
US$64.25
+35.1%
5.5%US$69.00US$59.00US$61.184
Apr ’24US$51.74
US$66.25
+28.0%
7.3%US$72.00US$59.00US$64.754
Mar ’24US$56.90
US$66.25
+16.4%
6.0%US$72.00US$61.00US$64.084
Feb ’24US$55.33
US$65.00
+17.5%
6.6%US$72.00US$61.00US$59.064
Jan ’24US$50.62
US$65.00
+28.4%
6.6%US$72.00US$61.00US$59.354
Dec ’23US$56.90
US$73.75
+29.6%
13.9%US$90.00US$64.00US$52.914

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Korn Ferry is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MarconBaird
Colin ScarolaCFRA Equity Research
Ty GovatosCL King & Associates, Inc.