Robert Half International
Market Cap
US$6.5b
Last Updated
2019/10/21 23:42 UTC
Data Sources
Company Financials +
Executive Summary
Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia.
Snowflake
Fundamentals
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Robert Half International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.8%
RHI
0.5%
US Professional Services
1.0%
US Market
1 Year Return
-11.7%
RHI
19.8%
US Professional Services
8.0%
US Market
Return vs Industry: RHI underperformed the US Professional Services industry which returned 19.8% over the past year.
Return vs Market: RHI underperformed the US Market which returned 8% over the past year.
Shareholder returns
| RHI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | 0.5% | 1.0% |
| 30 Day | 1.6% | -0.1% | -0.07% |
| 90 Day | -4.9% | -0.3% | -1.0% |
| 1 Year | -9.9%-11.7% | 21.0%19.8% | 10.4%8.0% |
| 3 Year | 53.4%44.7% | 55.5%50.3% | 46.2%36.7% |
| 5 Year | 20.2%9.6% | 86.9%76.8% | 64.3%46.2% |
Price Volatility Vs. Market
How volatile is Robert Half International'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 Robert Half International Inc.’s (NYSE:RHI) 46% ROCE Any Good?2 weeks ago | Simply Wall St
Is Robert Half International (NYSE:RHI) Using Too Much Debt?4 weeks ago | Simply Wall St
A Look At Robert Half International Inc.'s (NYSE:RHI) Exceptional FundamentalsValuation
Is Robert Half International undervalued compared to its fair value and its price relative to the market?
14.57x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RHI ($55.94) is trading above our estimate of fair value ($33.91)
Significantly Below Fair Value: RHI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RHI is good value based on its PE Ratio (14.6x) compared to the Professional Services industry average (20.8x).
PE vs Market: RHI is good value based on its PE Ratio (14.6x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: RHI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RHI is overvalued based on its PB Ratio (5.8x) compared to the US Professional Services industry average (2.4x).
Next Steps
Future Growth
How is Robert Half International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
-5.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RHI's earnings are forecast to decline over the next 3 years (-5.4% per year).
Earnings vs Market: RHI's earnings are forecast to decline over the next 3 years (-5.4% per year).
High Growth Earnings: RHI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RHI's revenue (6.5% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: RHI's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RHI's Return on Equity is forecast to be high in 3 years time (29.1%)
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Past Performance
How has Robert Half International performed over the past 5 years?
5.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: RHI's earnings have grown by 5.9% per year over the past 5 years.
Accelerating Growth: RHI's earnings growth over the past year (34.4%) exceeds its 5-year average (5.9% per year).
Earnings vs Industry: RHI earnings growth over the past year (34.4%) underperformed the Professional Services industry 36.8%.
Return on Equity
High ROE: RHI's Return on Equity (40.9%) is considered outstanding.
Return on Assets
ROA vs Industry: RHI has a higher Return on Assets than the Professional Services industry average last year.
Return on Capital Employed
ROCE Improving: RHI's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Robert Half International's financial position?
Financial Position Analysis
Short Term Liabilities: RHI's short term assets ($1.6B) exceeds its short term liabilities ($909.5M)
Long Term Liabilities: RHI's short term assets (1.6B) exceeds its long term liabilities (220.7M)
Debt to Equity History and Analysis
Debt Level: RHI's debt to equity ratio (0.05%) is considered satisfactory
Reducing Debt: RHI's debt to equity ratio has reduced from 0.1% to 0.05% over the past 5 years.
Debt Coverage: RHI's debt is well covered by operating cash flow (99496.4%).
Interest Coverage: RHI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: RHI has a low level of unsold assets or inventory.
Debt Coverage by Assets: RHI's debt is covered by short term assets (assets are 2799.497310x debt).
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Dividend
What is Robert Half International's current dividend yield, its reliability and sustainability?
2.22%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: RHI's dividend (2.22%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: RHI's dividend (2.22%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: RHI's dividends per share have been stable in the past 10 years.
Growing Dividend: RHI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.7%), RHI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RHI's dividends in 3 years are forecast to be well covered by earnings (30.5% payout ratio).
Next Steps
Management
What is the CEO of Robert Half International's salary, the management and board of directors tenure and is there insider trading?
15.7yrs
Average management tenure
CEO
Max Messmer (73yo)
32.8yrs
Tenure
US$9,132,451
Compensation
Mr. Harold Max Messmer, Jr., also known as Max, serves as the Chairman and Chief Executive Officer at Robert Half Ltd., Robert Half Australia Pty Limited, OfficeTeam, Inc. and Robert Half Technology, Inc. Â ...
CEO Compensation Analysis
Compensation vs. Market: Max's total compensation ($USD9.13M) is about average for companies of similar size in the US market ($USD6.88M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
Management Age and Tenure
15.7yrs
Average Tenure
62yo
Average Age
Experienced Management: RHI's management team is seasoned and experienced (15.7 years average tenure).
Board Age and Tenure
10.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: RHI's board of directors are seasoned and experienced ( 10.4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive President & COO of Staffing Services |
| Shares | 75,000 |
| Max Price | US$66.17 |
Ownership Breakdown
Management Team
Max Messmer (73yo)
Chairman of the Board & CEO
- Tenure: 32.8yrs
- Compensation: US$9.13m
M. Waddell (62yo)
Vice Chairman of the Board
- Tenure: 20.8yrs
- Compensation: US$7.28m
Robert Glass (60yo)
Executive Vice President of Corporate Development
- Tenure: 15.7yrs
- Compensation: US$2.00m
Paul Gentzkow (63yo)
President & COO of Staffing Services
- Tenure: 19.8yrs
- Compensation: US$6.36m
Michael Buckley (53yo)
Executive VP
- Tenure: 12.7yrs
- Compensation: US$2.60m
Reesa Staten
Senior Vice President of Corporate Communications
- Tenure: 0yrs
Evelyn Crane-Oliver
Senior VP
- Tenure: 0yrs
Kenneth Gitlin
Senior Vice President of Operational Support
- Tenure: 0yrs
Michelle Whitman
Senior VP & Chief Marketing Officer
- Tenure: 0yrs
Lynne Smith
Senior Vice President of Human Resources & Compensation
- Tenure: 2.6yrs
Board Members
Max Messmer (73yo)
Chairman of the Board & CEO
- Tenure: 32.8yrs
- Compensation: US$9.13m
M. Waddell (62yo)
Vice Chairman of the Board
- Tenure: 20.8yrs
- Compensation: US$7.28m
Frederick Richman (73yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$366.08k
Marc Morial (61yo)
Director
- Tenure: 3.6yrs
- Compensation: US$333.08k
Dirk Kempthorne (67yo)
Director
- Tenure: 0.8yrs
Robert Pace (56yo)
Director
- Tenure: 10.7yrs
- Compensation: US$333.08k
Barbara Novogradac (58yo)
Director
- Tenure: 10.4yrs
- Compensation: US$348.08k
Julia Suzanne Coronado (51yo)
Director
- Tenure: 0.6yrs
Company Information
Robert Half International Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Robert Half International Inc.
- Ticker: RHI
- Exchange: NYSE
- Founded: 1948
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$6.462b
- Shares outstanding: 115.51m
- Website: https://www.roberthalf.com
Number of Employees
Location
- Robert Half International Inc.
- 2884 Sand Hill Road
- Menlo Park
- California
- 94025
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RHI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| RHJ | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0KX9 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
Biography
Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consul ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 23:42 |
| End of Day Share Price | 2019/10/21 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.