Robert Half International
Market Cap
US$7.3b
Last Updated
2021/01/14 23:19 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. More Details
Snowflake Analysis
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
Stable Share Price: RHI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RHI's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
0.4%
RHI
-2.3%
US Professional Services
0.6%
US Market
1 Year Return
2.9%
RHI
16.5%
US Professional Services
21.0%
US Market
Return vs Industry: RHI underperformed the US Professional Services industry which returned 19.3% over the past year.
Return vs Market: RHI underperformed the US Market which returned 22% over the past year.
Shareholder returns
| RHI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -2.3% | 0.6% |
| 30 Day | 3.2% | -0.7% | 4.2% |
| 90 Day | 15.3% | 8.1% | 12.4% |
| 1 Year | 5.5%2.9% | 17.4%16.5% | 23.7%21.0% |
| 3 Year | 24.5%16.9% | 54.5%50.2% | 47.4%37.6% |
| 5 Year | 73.6%56.4% | 139.0%126.1% | 131.6%105.9% |
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
4 days ago | Simply Wall St
Do Fundamentals Have Any Role To Play In Driving Robert Half International Inc.'s (NYSE:RHI) Stock Up Recently?2 weeks ago | Simply Wall St
We Think Robert Half International's (NYSE:RHI) Statutory Profit Might Understate Its Earnings Potential1 month ago | Simply Wall St
Why Dividend Hunters Love Robert Half International Inc. (NYSE:RHI)Valuation
Is Robert Half International undervalued compared to its fair value and its price relative to the market?
22.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RHI ($65.35) is trading above our estimate of fair value ($54.19)
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 (22.8x) compared to the US Professional Services industry average (25.5x).
PE vs Market: RHI is poor value based on its PE Ratio (22.8x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: RHI is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: RHI is overvalued based on its PB Ratio (6.2x) compared to the US Professional Services industry average (3.2x).
Next Steps
Future Growth
How is Robert Half International forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RHI's forecast earnings growth (15.8% per year) is above the savings rate (2%).
Earnings vs Market: RHI's earnings (15.8% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: RHI's earnings are forecast to grow, but not significantly.
Revenue vs Market: RHI's revenue (6.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: RHI's revenue (6.3% 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 (33.4%)
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Past Performance
How has Robert Half International performed over the past 5 years?
4.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RHI has high quality earnings.
Growing Profit Margin: RHI's current net profit margins (6.1%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: RHI's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: RHI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RHI had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Professional Services industry average (-0.06%).
Return on Equity
High ROE: RHI's Return on Equity (27.2%) is considered high.
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Financial Health
How is Robert Half International's financial position?
Financial Position Analysis
Short Term Liabilities: RHI's short term assets ($1.9B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: RHI's short term assets ($1.9B) exceed its long term liabilities ($316.3M).
Debt to Equity History and Analysis
Debt Level: RHI's debt to equity ratio (0.02%) is considered satisfactory.
Reducing Debt: RHI's debt to equity ratio has reduced from 0.1% to 0.02% over the past 5 years.
Debt Coverage: RHI's debt is well covered by operating cash flow (218733.6%).
Interest Coverage: RHI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Robert Half International current dividend yield, its reliability and sustainability?
2.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RHI's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: RHI's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (3.88%).
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 (46.4%), 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 (30.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
M. Waddell (63 yo)
1.08yrs
Tenure
US$7,433,592
Compensation
Mr. M. Keith Waddell serves as Vice Chairman at Robert Half International Inc. since August 2020. Mr. Waddell serves as Chief Executive Officer of Robert Half International Inc., since December 15, 2019 an...
CEO Compensation Analysis
Compensation vs Market: M.'s total compensation ($USD7.43M) is about average for companies of similar size in the US market ($USD6.27M).
Compensation vs Earnings: M.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 33yrs | US$9.34m | 0.85% $ 62.1m | |
| Vice Chairman | 1.08yrs | US$7.43m | 1.13% $ 82.7m | |
| Executive VP & CFO | 1.08yrs | US$2.60m | 0.15% $ 10.9m | |
| Executive Vice President of Corporate Development | 16.92yrs | US$2.02m | 0.24% $ 17.3m | |
| President & CEO of Staffing Services | 16.92yrs | US$6.47m | 0.35% $ 25.3m | |
| Senior VP & CTO | 1.17yrs | no data | no data | |
| Senior VP & Chief Administrative Officer | 0.42yr | no data | no data | |
| Senior VP | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | no data | no data | no data | |
| Senior Vice President of Human Resources & Compensation | 3.83yrs | no data | no data | |
| Senior VP & Global Privacy Officer of Business Operations and Law | no data | no data | no data | |
| Senior Vice President of Corporate Services - Staffing | no data | no data | no data |
1.1yrs
Average Tenure
63yo
Average Age
Experienced Management: RHI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 33yrs | US$9.34m | 0.85% $ 62.1m | |
| Vice Chairman | 1.08yrs | US$7.43m | 1.13% $ 82.7m | |
| Lead Independent Director | no data | US$366.08k | 0.045% $ 3.3m | |
| Independent Director | 4.83yrs | US$333.08k | 0.022% $ 1.6m | |
| Independent Director | 2yrs | US$319.33k | 0.0095% $ 695.8k | |
| Independent Director | 11.92yrs | US$333.08k | 0.086% $ 6.3m | |
| Independent Director | 11.67yrs | US$348.08k | 0.12% $ 9.1m | |
| Independent Director | 1.83yrs | US$307.08k | 0.0095% $ 695.8k |
4.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: RHI's board of directors are considered experienced (4.8 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$7.332b
- Shares outstanding: 112.19m
- 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 |
| R1HI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
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 | 2021/01/14 23:19 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.