FMP
Adecco Group AG
AHEXY
PNK
Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, technology consulting and talent, tech academy, digital staffing services, and talent advisory and solutions under the Adecco, Adia, General Assembly, Badenoch + Clark, LHH, pontoon, Spring, and Modis. The company also operates Hired, a talent recruitment platform. As of December 31, 2021, it operated approximately 4,300 branches in 59 countries and territories. The company was formerly known as Adecco S.A. Adecco Group AG was founded in 1957 and is based in Zurich, Switzerland.
13.1 USD
0.1585 (1.21%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
22.11B
23.67B
26.72B
27.07B
26.15B
27.32B
28.54B
29.81B
31.14B
32.53B
Revenue %
-
7.1
12.85
1.34
-3.42
4.47
4.47
4.47
4.47
Ebitda
346.94M
1.1B
870.17M
950.41M
858.87M
888.14M
927.8M
969.24M
1.01B
1.06B
Ebitda %
1.57
4.64
3.26
3.51
3.28
3.25
3.25
3.25
3.25
Ebit
110.75M
887.13M
565.05M
659.98M
583.13M
602.65M
629.56M
657.68M
687.05M
717.73M
Ebit %
0.5
3.75
2.12
2.44
2.23
2.21
2.21
2.21
2.21
Depreciation
236.19M
210.2M
305.13M
290.43M
275.74M
285.49M
298.24M
311.56M
325.48M
340.01M
Depreciation %
1.07
0.89
1.14
1.07
1.05
1.05
1.05
1.05
1.05
Balance Sheet
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Total Cash
1.68B
3.45B
883.74M
628.33M
544.71M
1.63B
1.7B
1.78B
1.86B
1.94B
Total Cash %
7.59
14.56
3.31
2.32
2.08
5.97
5.97
5.97
5.97
Receivables
4.37B
4.61B
5.38B
5.05B
4.65B
5.23B
5.47B
5.71B
5.97B
6.23B
Receivables %
19.78
19.46
20.13
18.64
17.8
19.16
19.16
19.16
19.16
Inventories
-5.65M
-1.13M
-
-
-
-1.66M
-1.73M
-1.81M
-1.89M
-1.97M
Inventories %
-0.03
-0
-
-
-
-0.01
-0.01
-0.01
-0.01
Payable
865.65M
993.36M
1.31B
940.24M
855.48M
1.08B
1.13B
1.18B
1.23B
1.29B
Payable %
3.92
4.2
4.92
3.47
3.27
3.95
3.95
3.95
3.95
Cap Ex
-177.43M
-149.17M
-242.97M
-244.1M
-162.73M
-211.22M
-220.65M
-230.5M
-240.8M
-251.55M
Cap Ex %
-0.8
-0.63
-0.91
-0.9
-0.62
-0.77
-0.77
-0.77
-0.77
Weighted Average Cost Of Capital
Price
13.1
Beta
Diluted Shares Outstanding
168.59M
Costof Debt
3.92
Tax Rate
After Tax Cost Of Debt
2.68
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
3.93B
Total Equity
2.21B
Total Capital
6.14B
Debt Weighting
64.02
Equity Weighting
35.98
Wacc
5.02
Build Up Free Cash Flow
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
22.11B
23.67B
26.72B
27.07B
26.15B
27.32B
28.54B
29.81B
31.14B
32.53B
Ebitda
346.94M
1.1B
870.17M
950.41M
858.87M
888.14M
927.8M
969.24M
1.01B
1.06B
Ebit
110.75M
887.13M
565.05M
659.98M
583.13M
602.65M
629.56M
657.68M
687.05M
717.73M
Tax Rate
31.6
31.6
31.6
31.6
31.6
31.6
31.6
31.6
31.6
31.6
Ebiat
-157.98M
690.38M
428.48M
423.06M
398.85M
344.9M
360.3M
376.39M
393.2M
410.76M
Depreciation
236.19M
210.2M
305.13M
290.43M
275.74M
285.49M
298.24M
311.56M
325.48M
340.01M
Receivables
4.37B
4.61B
5.38B
5.05B
4.65B
5.23B
5.47B
5.71B
5.97B
6.23B
Inventories
-5.65M
-1.13M
-
-
-
-1.66M
-1.73M
-1.81M
-1.89M
-1.97M
Payable
865.65M
993.36M
1.31B
940.24M
855.48M
1.08B
1.13B
1.18B
1.23B
1.29B
Cap Ex
-177.43M
-149.17M
-242.97M
-244.1M
-162.73M
-211.22M
-220.65M
-230.5M
-240.8M
-251.55M
Ufcf
-3.6B
641.79M
38.6M
426.45M
820.37M
65.13M
252.46M
263.73M
275.51M
287.82M
Wacc
5.02
5.02
5.02
5.02
5.02
Pv Ufcf
62.02M
228.9M
227.69M
226.49M
225.3M
Sum Pv Ufcf
970.48M
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
5.02
Free Cash Flow T1
293.57M
Terminal Value
9.73B
Present Terminal Value
7.62B
Intrinsic Value
Enterprise Value
8.59B
Net Debt
3.38B
Equity Value
5.2B
Diluted Shares Outstanding
168.59M
Equity Value Per Share
30.86
Projected DCF
30.86 0.576%
