RHI

Robert Half InternationalNYSE:RHI Stock Report

Market Cap

US$11.1b

7D

-1.5%

1Y

88.3%

Updated

19 Sep, 2021

Data

Company Financials +
RHI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends5/6

RHI Overview

Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia.

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

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

Volatility Over Time: RHI's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.5%

RHI

-1.3%

US Professional Services

-0.6%

US Market


1 Year Return

88.3%

RHI

28.4%

US Professional Services

33.8%

US Market

Return vs Industry: RHI exceeded the US Professional Services industry which returned 28.4% over the past year.

Return vs Market: RHI exceeded the US Market which returned 33.8% over the past year.


Shareholder returns

RHIIndustryMarket
7 Day-1.5%-1.3%-0.6%
30 Day-1.0%1.7%1.0%
90 Day14.9%2.6%3.4%
1 Year91.7%88.3%29.2%28.4%35.8%33.8%
3 Year52.0%42.8%65.6%61.2%60.0%50.1%
5 Year196.5%168.1%140.4%127.2%123.0%98.7%

Long-Term 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

Robert Half International Fundamentals Summary

How do Robert Half International's earnings and revenue compare to its market cap?
RHI fundamental statistics
Market CapUS$11.14b
Earnings (TTM)US$429.98m
Revenue (TTM)US$5.47b

25.9x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RHI income statement (TTM)
RevenueUS$5.47b
Cost of RevenueUS$3.26b
Gross ProfitUS$2.21b
ExpensesUS$1.78b
EarningsUS$429.98m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.85
Gross Margin40.35%
Net Profit Margin7.86%
Debt/Equity Ratio0.009%

How did RHI perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

37%

Payout Ratio

Valuation

Is Robert Half International undervalued compared to its fair value and its price relative to the market?

25.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RHI ($101.06) is trading above our estimate of fair value ($92.86)

Significantly Below Fair Value: RHI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RHI is poor value based on its PE Ratio (25.9x) compared to the US Professional Services industry average (25.3x).

PE vs Market: RHI is poor value based on its PE Ratio (25.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: RHI is poor value based on its PEG Ratio (12.4x)


Price to Book Ratio

PB vs Industry: RHI is overvalued based on its PB Ratio (8.8x) compared to the US Professional Services industry average (3.1x).


Future Growth

How is Robert Half International forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RHI's forecast earnings growth (2.1% per year) is above the savings rate (2%).

Earnings vs Market: RHI's earnings (2.1% per year) are forecast to grow slower than the US market (14.8% per year).

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

Revenue vs Market: RHI's revenue (8.3% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: RHI's revenue (8.3% 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 (38.1%)


Past Performance

How has Robert Half International performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RHI has high quality earnings.

Growing Profit Margin: RHI's current net profit margins (7.9%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: RHI's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: RHI's earnings growth over the past year (17.4%) exceeds its 5-year average (3% per year).

Earnings vs Industry: RHI earnings growth over the past year (17.4%) underperformed the Professional Services industry 19%.


Return on Equity

High ROE: RHI's Return on Equity (34.1%) is considered high.


Financial Health

How is Robert Half International's financial position?


Financial Position Analysis

Short Term Liabilities: RHI's short term assets ($2.1B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: RHI's short term assets ($2.1B) exceed its long term liabilities ($285.8M).


Debt to Equity History and Analysis

Debt Level: RHI's debt to equity ratio (0.01%) is considered satisfactory.

Reducing Debt: RHI's debt to equity ratio has reduced from 0.1% to 0.01% over the past 5 years.

Debt Coverage: RHI's debt is well covered by operating cash flow (331195.1%).

Interest Coverage: RHI earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Robert Half International current dividend yield, its reliability and sustainability?

1.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RHI's dividend (1.5%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: RHI's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

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 (37.4%), 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 (27.6% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

M. Waddell (64 yo)

1.75yrs

Tenure

US$6,595,507

Compensation

Mr. M. Keith Waddell serves as Vice Chairman at Robert Half International Inc. since 1999. Mr. Waddell serves as Chief Executive Officer of Robert Half International Inc., since December 15, 2019 and its P...


CEO Compensation Analysis

Compensation vs Market: M.'s total compensation ($USD6.60M) is below average for companies of similar size in the US market ($USD11.33M).

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


Leadership Team

Experienced Management: RHI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: RHI's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RHI 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

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$11.138b
  • Shares outstanding: 110.21m
  • Website: https://www.roberthalf.com

Number of Employees


Location

  • Robert Half International Inc.
  • 2884 Sand Hill Road
  • Menlo Park
  • California
  • 94025
  • United States

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.