NYSE:RHI

Stock Analysis Report

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

-3.6%

NYSE:RHI

-2.7%

US Professional Services

-1.9%

US Market


1 Year Return

-31.6%

NYSE:RHI

5.2%

US Professional Services

-3.3%

US Market

RHI underperformed the Professional Services industry which returned 5.6% over the past year.

RHI underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

RHIIndustryMarket
7 Day-3.6%-2.7%-1.9%
30 Day-13.1%-5.5%-6.2%
90 Day-5.7%8.0%0.3%
1 Year-30.1%-31.6%6.2%5.2%-1.1%-3.3%
3 Year46.8%38.4%45.7%40.7%37.9%28.9%
5 Year16.0%5.7%68.9%59.7%50.8%34.1%

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

Valuation

Is Robert Half International undervalued based on future cash flows and its price relative to the stock market?

25%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Robert Half International's share price is below the future cash flow value, and at a moderate discount (> 20%).

Robert Half International's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Robert Half International is good value based on earnings compared to the US Professional Services industry average.

Robert Half International is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Robert Half International is poor value based on expected growth next year.


Price Based on Value of Assets

Robert Half International is overvalued based on assets compared to the US Professional Services industry average.


Next Steps

Future Growth

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

5.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Robert Half International's revenue is expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).

Robert Half International's earnings are expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).

Robert Half International's revenue growth is positive but not above the United States of America market average.

Robert Half International's earnings growth is positive but not above the United States of America market average.

Robert Half International's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Robert Half International is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

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

Robert Half International's year on year earnings growth rate has been positive over the past 5 years.

Robert Half International's 1-year earnings growth exceeds its 5-year average (34.4% vs 5.9%)

Robert Half International's earnings growth has not exceeded the US Professional Services industry average in the past year (34.4% vs 34.4%).


Return on Equity

Robert Half International made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

Robert Half International used its assets more efficiently than the US Professional Services industry average last year based on Return on Assets.


Return on Capital Employed

Robert Half International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Robert Half International's financial position?


Financial Position Analysis

Robert Half International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Robert Half International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Robert Half International's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (0.1% vs 0.1% today).

Debt is well covered by operating cash flow (99496.4%, greater than 20% of total debt).

Robert Half International earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2799.5x debt.


Next Steps

Dividend

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

2.29%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Robert Half International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Robert Half International's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).


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?

15.5yrs

Average management tenure


CEO

Max Messmer (73yo)

32.6yrs

Tenure

US$9,132,451

Compensation

Mr. Harold Max Messmer, Jr., serves as the Chairman and Chief Executive Officer at Robert Half Ltd., Robert Half Australia Pty Limited, OfficeTeam, Inc. and Robert Half Technology, Inc. Mr. Messmer serves  ...


CEO Compensation Analysis

Max's remuneration is higher than average for companies of similar size in United States of America.

Max's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

15.5yrs

Average Tenure

62yo

Average Age

The average tenure for the Robert Half International management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.3yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Robert Half International board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$4,962,60813 Feb 19
Paul Gentzkow
EntityIndividual
Role
Senior Key Executive
President & COO of Staffing Services
Shares75,000
Max PriceUS$66.17

Ownership Breakdown


Management Team

  • Max Messmer (73yo)

    Chairman of the Board & CEO

    • Tenure: 32.6yrs
    • Compensation: US$9.13m
  • M. Waddell (62yo)

    Vice Chairman of the Board

    • Tenure: 20.6yrs
    • Compensation: US$7.28m
  • Robert Glass (60yo)

    Executive Vice President of Corporate Development

    • Tenure: 15.5yrs
    • Compensation: US$2.00m
  • Paul Gentzkow (63yo)

    President & COO of Staffing Services

    • Tenure: 19.6yrs
    • Compensation: US$6.36m
  • Michael Buckley (53yo)

    Executive VP

    • Tenure: 12.5yrs
    • Compensation: US$2.60m
  • Reesa Staten

    Senior Vice President of Corporate Communications

    • Tenure: 0.0yrs
  • Evelyn Crane-Oliver

    Senior VP

    • Tenure: 0.0yrs
  • M. Perry

    Chief Information Officer & Senior VP

    • Tenure: 0.0yrs
  • Michelle Whitman

    Senior Vice President of Marketing

    • Tenure: 0.0yrs
  • Lynne Smith

    Senior Vice President of Human Resources & Compensation

    • Tenure: 2.4yrs

Board Members

  • Max Messmer (73yo)

    Chairman of the Board & CEO

    • Tenure: 32.6yrs
    • Compensation: US$9.13m
  • M. Waddell (62yo)

    Vice Chairman of the Board

    • Tenure: 20.6yrs
    • Compensation: US$7.28m
  • Frederick Richman (73yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$366.08k
  • Marc Morial (61yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$333.08k
  • Dirk Kempthorne (67yo)

    Director

    • Tenure: 0.6yrs
  • Robert Pace (56yo)

    Director

    • Tenure: 10.5yrs
    • Compensation: US$333.08k
  • Barbara Novogradac (58yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$348.08k
  • Julia Suzanne Coronado (51yo)

    Director

    • Tenure: 0.4yrs

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$6.131b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RHINYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
RHJDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969
0KX9LSE (London Stock Exchange)YesCommon StockGBUSDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:45
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.