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MAN

ManpowerGroupNYSE:MAN Stock Report

Last Price

US$102.02

Market Cap

US$5.5b

7D

-6.6%

1Y

7.1%

Updated

22 Jan, 2022

Data

Company Financials +
MAN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends5/6

MAN Stock Overview

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.

ManpowerGroup Competitors

ASGN

NYSE:ASGN

US$5.9b

TriNet Group

NYSE:TNET

US$5.5b

Insperity

NYSE:NSP

US$4.0b

Korn Ferry

NYSE:KFY

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for ManpowerGroup
Historical stock prices
Current Share PriceUS$102.02
52 Week HighUS$125.07
52 Week LowUS$85.97
Beta2.03
1 Month Change6.85%
3 Month Change0.26%
1 Year Change7.06%
3 Year Change36.50%
5 Year Change8.90%
Change since IPO716.16%

Recent News & Updates

Dec 30
ManpowerGroup (NYSE:MAN) Could Easily Take On More Debt

ManpowerGroup (NYSE:MAN) Could Easily Take On More Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Dec 13
ManpowerGroup (NYSE:MAN) Has Some Difficulty Using Its Capital Effectively

ManpowerGroup (NYSE:MAN) Has Some Difficulty Using Its Capital Effectively

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...

Nov 18
ManpowerGroup's (NYSE:MAN) Shareholders Will Receive A Bigger Dividend Than Last Year

ManpowerGroup's (NYSE:MAN) Shareholders Will Receive A Bigger Dividend Than Last Year

ManpowerGroup Inc. ( NYSE:MAN ) has announced that it will be increasing its dividend on the 15th of December to...

Shareholder Returns

MANUS Professional ServicesUS Market
7D-6.6%-4.7%-6.1%
1Y7.1%1.0%4.2%

Return vs Industry: MAN exceeded the US Professional Services industry which returned 1% over the past year.

Return vs Market: MAN exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is MAN's price volatile compared to industry and market?
MAN volatility
MAN Average Weekly Movement4.0%
Professional Services Industry Average Movement6.2%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: MAN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MAN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194825,000Jonas Prisinghttps://www.manpowergroup.com

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 permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.

ManpowerGroup Fundamentals Summary

How do ManpowerGroup's earnings and revenue compare to its market cap?
MAN fundamental statistics
Market CapUS$5.53b
Earnings (TTM)US$347.50m
Revenue (TTM)US$20.40b

15.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAN income statement (TTM)
RevenueUS$20.40b
Cost of RevenueUS$17.12b
Gross ProfitUS$3.28b
ExpensesUS$2.93b
EarningsUS$347.50m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 01, 2022

Earnings per share (EPS)6.41
Gross Margin16.08%
Net Profit Margin1.70%
Debt/Equity Ratio42.9%

How did MAN perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

39%

Payout Ratio

Valuation

Is ManpowerGroup undervalued compared to its fair value and its price relative to the market?

44.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MAN ($102.02) is trading below our estimate of fair value ($182.94)

Significantly Below Fair Value: MAN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAN is good value based on its PE Ratio (15.9x) compared to the US Professional Services industry average (23.1x).

PE vs Market: MAN is good value based on its PE Ratio (15.9x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: MAN is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: MAN is good value based on its PB Ratio (2.2x) compared to the US Professional Services industry average (2.6x).


Future Growth

How is ManpowerGroup forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAN's forecast earnings growth (5.4% per year) is above the savings rate (2%).

Earnings vs Market: MAN's earnings (5.4% per year) are forecast to grow slower than the US market (12.9% per year).

High Growth Earnings: MAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: MAN's revenue (1.8% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: MAN's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAN's Return on Equity is forecast to be high in 3 years time (22.5%)


Past Performance

How has ManpowerGroup performed over the past 5 years?

-17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAN has high quality earnings.

Growing Profit Margin: MAN's current net profit margins (1.7%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: MAN's earnings have declined by 17.4% per year over the past 5 years.

Accelerating Growth: MAN's earnings growth over the past year (302.2%) exceeds its 5-year average (-17.4% per year).

Earnings vs Industry: MAN earnings growth over the past year (302.2%) exceeded the Professional Services industry 33.6%.


Return on Equity

High ROE: MAN's Return on Equity (14%) is considered low.


Financial Health

How is ManpowerGroup's financial position?


Financial Position Analysis

Short Term Liabilities: MAN's short term assets ($6.9B) exceed its short term liabilities ($5.3B).

Long Term Liabilities: MAN's short term assets ($6.9B) exceed its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: MAN has more cash than its total debt.

Reducing Debt: MAN's debt to equity ratio has increased from 35.4% to 42.9% over the past 5 years.

Debt Coverage: MAN's debt is well covered by operating cash flow (56.6%).

Interest Coverage: MAN's interest payments on its debt are well covered by EBIT (20.4x coverage).


Balance Sheet


Dividend

What is ManpowerGroup current dividend yield, its reliability and sustainability?

2.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MAN's dividend (2.47%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: MAN's dividend (2.47%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: MAN's dividends per share have been stable in the past 10 years.

Growing Dividend: MAN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.6%), MAN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MAN's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Jonas Prising (56 yo)

7.67yrs

Tenure

US$11,903,571

Compensation

Mr. Jonas Prising has been the Chairman and Chief Executive Officer of ManpowerGroup Inc. (Former Name: Manpower Inc) since December 31, 2015 and May 1, 2014 respectively. Mr. Prising was the Executive Pre...


CEO Compensation Analysis

Compensation vs Market: Jonas's total compensation ($USD11.90M) is above average for companies of similar size in the US market ($USD6.48M).

Compensation vs Earnings: Jonas's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MAN's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: MAN's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MAN 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

ManpowerGroup Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ManpowerGroup Inc.
  • Ticker: MAN
  • Exchange: NYSE
  • Founded: 1948
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Implied Market Cap: US$5.534b
  • Shares outstanding: 54.24m
  • Website: https://www.manpowergroup.com

Number of Employees


Location

  • ManpowerGroup Inc.
  • 100 Manpower Place
  • Milwaukee
  • Wisconsin
  • 53212
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:22
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.