Randstad reported organic revenue growth of 3.9%, an acceleration from 1.9% in the second quarter. Operating leverage was also evident, with profits up 10% on 1% growth in gross profit. Shares are up 20% in early trading.
Randstad has made the most dramatic move toward digital, enabling it to mobilize workers to its clients faster than its peers, which could be a potential differentiator.
Randstad has failed to separate itself from its peers, Adecco and Manpower, obtaining similar gross and EBITA margins.
|
Metric
|
RAND
|
PAYX
|
6098
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.09 | 19.98 | 45.49 |
Price/Book Value | 1.79 | 10.81 | 15.04 |
Price/Sales | 0.31 | 6.11 | 7.03 |
Price/Cash Flow | 9.47 | 15.12 | 39.97 |
|
Metric
|
RAND
|
PAYX
|
6098
|
|---|---|---|---|
Quick Ratio | 1.16 | 0.52 | 1.94 |
Current Ratio | 1.22 | 1.28 | 2.09 |
Interest Coverage | 9.29 | 9.72 | 68.90 |
|
Metric
|
RAND
|
PAYX
|
6098
|
|---|---|---|---|
Return on Assets (Normalized) | 3.46% | 12.26% | 21.51% |
Return on Equity (Normalized) | 9.51% | 52.40% | 37.16% |
Return on Invested Capital (Normalized) | 7.03% | 25.04% | 31.84% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Randstad NV ADR
RANJY
| — | LOCK|@> | $8B | |||
| Randstad NV
RANJF
| — | LOCK|l%^ | $8B | |||
| Adecco Group AG ADR
AHEXY
| LOCK|fH<>T^ | LOCK|Zq$ | $5B | |||
| Adecco Group AG
AHEXF
| — | LOCK|xZ | $5B | |||
| Korn Ferry
KFY
| — | LOCK|dqS! | $4B | |||
| Robert Half Inc
RHI
| LOCK|$M$@z<& | LOCK|Ryj | $4B | |||
| Trinet Group Inc
TNET
| LOCK|&q?h?>^ | LOCK|$g&Z | $3B | |||
| ManpowerGroup Inc
MAN
| LOCK|y#@Vpw | LOCK|k>Z | $2B | |||
| Insperity Inc
NSP
| LOCK|FsSKLv | LOCK|R^ | $2B | |||
| Hays PLC ADR
HAYPY
| — | LOCK|W>@ | $1B |
United States