Real-time Estimate
Tradegate
07:45:28 17/06/2024 BST
|
5-day change
|
1st Jan Change
|
60.75
EUR
|
+2.10%
|
|
+3.48%
|
-24.68%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,202
|
7,010
|
12,208
|
7,881
|
9,156
|
6,689
|
-
|
-
|
Enterprise Value (EV)
1 |
6,932
|
6,435
|
11,589
|
7,222
|
8,424
|
6,074
|
5,976
|
5,993
|
P/E ratio
|
16.2
x
|
23.1
x
|
20.8
x
|
12.2
x
|
22.7
x
|
21.9
x
|
16.5
x
|
12.7
x
|
Yield
|
1.96%
|
2.18%
|
1.36%
|
2.33%
|
2.18%
|
3.05%
|
3.19%
|
3.07%
|
Capitalization / Revenue
|
1.19
x
|
1.37
x
|
1.89
x
|
1.09
x
|
1.43
x
|
1.11
x
|
1.03
x
|
0.96
x
|
EV / Revenue
|
1.14
x
|
1.26
x
|
1.79
x
|
1
x
|
1.32
x
|
1.01
x
|
0.92
x
|
0.86
x
|
EV / EBITDA
|
10.1
x
|
13.3
x
|
13.5
x
|
7.7
x
|
13.9
x
|
12.8
x
|
9.68
x
|
7.49
x
|
EV / FCF
|
15.1
x
|
11.8
x
|
20.5
x
|
11.6
x
|
13.5
x
|
14.3
x
|
13.1
x
|
10.6
x
|
FCF Yield
|
6.64%
|
8.46%
|
4.89%
|
8.62%
|
7.42%
|
6.99%
|
7.65%
|
9.48%
|
Price to Book
|
6.36
x
|
5.86
x
|
8.94
x
|
5.07
x
|
5.87
x
|
4.37
x
|
4.05
x
|
3.46
x
|
Nbr of stocks (in thousands)
|
114,046
|
112,189
|
109,472
|
106,741
|
104,138
|
103,176
|
-
|
-
|
Reference price
2 |
63.15
|
62.48
|
111.5
|
73.83
|
87.92
|
64.83
|
64.83
|
64.83
|
Announcement Date
|
30/01/20
|
28/01/21
|
27/01/22
|
26/01/23
|
30/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,074
|
5,109
|
6,461
|
7,238
|
6,393
|
6,007
|
6,464
|
6,935
|
EBITDA
1 |
686
|
484
|
860.3
|
938
|
606.9
|
474.3
|
617.3
|
800
|
EBIT
1 |
620.4
|
420.5
|
805.8
|
888.9
|
552.6
|
410.9
|
556.6
|
733.4
|
Operating Margin
|
10.21%
|
8.23%
|
12.47%
|
12.28%
|
8.64%
|
6.84%
|
8.61%
|
10.58%
|
Earnings before Tax (EBT)
1 |
625.5
|
421.9
|
803.8
|
897
|
576.6
|
433.2
|
573.1
|
760.3
|
Net income
1 |
454.4
|
306.3
|
598.6
|
657.9
|
411.1
|
309.3
|
402.3
|
519.3
|
Net margin
|
7.48%
|
5.99%
|
9.26%
|
9.09%
|
6.43%
|
5.15%
|
6.22%
|
7.49%
|
EPS
2 |
3.900
|
2.700
|
5.360
|
6.030
|
3.880
|
2.956
|
3.923
|
5.120
|
Free Cash Flow
1 |
460.2
|
544.8
|
566.5
|
622.6
|
625.2
|
424.8
|
457.1
|
568
|
FCF margin
|
7.58%
|
10.66%
|
8.77%
|
8.6%
|
9.78%
|
7.07%
|
7.07%
|
8.19%
|
FCF Conversion (EBITDA)
|
67.08%
|
112.54%
|
65.85%
|
66.38%
|
103.02%
|
89.56%
|
74.05%
|
71%
|
FCF Conversion (Net income)
|
101.26%
|
177.86%
|
94.64%
|
94.64%
|
152.05%
|
137.32%
|
113.63%
|
109.37%
|
Dividend per Share
2 |
1.240
|
1.360
|
1.520
|
1.720
|
1.920
|
1.976
|
2.067
|
1.990
|
Announcement Date
|
30/01/20
|
28/01/21
|
27/01/22
|
26/01/23
|
30/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,770
|
1,815
|
1,863
|
1,833
|
1,727
|
1,716
|
1,639
|
1,564
|
1,473
|
1,476
|
1,495
|
1,525
|
1,516
|
1,563
|
1,605
|
EBITDA
1 |
234.8
|
238.7
|
252.4
|
235.6
|
211.4
|
177.5
|
159.1
|
142.7
|
127.6
|
97.58
|
113.8
|
130.2
|
132.3
|
164.2
|
187.3
|
EBIT
1 |
222.6
|
227.2
|
240.1
|
223.3
|
198.3
|
164.1
|
145.9
|
129.2
|
113.4
|
84.27
|
97.72
|
115.1
|
115.2
|
120.9
|
143.9
|
Operating Margin
|
12.58%
|
12.52%
|
12.89%
|
12.18%
|
11.48%
|
9.56%
|
8.9%
|
8.26%
|
7.7%
|
5.71%
|
6.54%
|
7.55%
|
7.6%
|
7.73%
|
8.96%
|
Earnings before Tax (EBT)
1 |
222.1
|
227.4
|
240.8
|
225.6
|
203.1
|
168.9
|
151.2
|
136.3
|
120.1
|
90.69
|
104.1
|
116.7
|
122.5
|
131.8
|
150.7
|
Net income
1 |
167.9
|
168.2
|
175.8
|
166.2
|
147.7
|
122
|
106.3
|
95.54
|
87.3
|
63.7
|
73.92
|
85.35
|
86.31
|
92.52
|
105.8
|
Net margin
|
9.49%
|
9.27%
|
9.44%
|
9.07%
|
8.55%
|
7.11%
|
6.48%
|
6.11%
|
5.93%
|
4.32%
|
4.94%
|
5.6%
|
5.69%
|
5.92%
|
6.59%
|
EPS
2 |
1.510
|
1.520
|
1.600
|
1.530
|
1.370
|
1.140
|
1.000
|
0.9000
|
0.8300
|
0.6100
|
0.7087
|
0.8059
|
0.8292
|
0.7860
|
0.9295
|
Dividend per Share
2 |
0.3800
|
-
|
0.4300
|
0.4300
|
0.4300
|
0.4800
|
0.4800
|
0.4800
|
0.4800
|
-
|
0.4200
|
0.4200
|
0.4200
|
0.4200
|
0.4200
|
Announcement Date
|
27/01/22
|
26/04/22
|
21/07/22
|
20/10/22
|
26/01/23
|
26/04/23
|
25/07/23
|
24/10/23
|
30/01/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
270
|
574
|
619
|
659
|
732
|
615
|
713
|
696
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
460
|
545
|
567
|
623
|
625
|
425
|
457
|
568
|
ROE (net income / shareholders' equity)
|
41.2%
|
26.1%
|
46.3%
|
44.6%
|
26%
|
20.8%
|
28.2%
|
29.5%
|
ROA (Net income/ Total Assets)
|
21.6%
|
12.6%
|
21.7%
|
22.2%
|
13.8%
|
10.2%
|
13.7%
|
-
|
Assets
1 |
2,107
|
2,434
|
2,755
|
2,958
|
2,988
|
3,019
|
2,942
|
-
|
Book Value Per Share
2 |
9.930
|
10.70
|
12.50
|
14.60
|
15.00
|
14.90
|
16.00
|
18.70
|
Cash Flow per Share
2 |
4.460
|
5.260
|
5.400
|
6.260
|
6.000
|
4.870
|
5.190
|
6.980
|
Capex
1 |
59.5
|
33.4
|
36.6
|
61.1
|
45.9
|
98.4
|
94.3
|
83.5
|
Capex / Sales
|
0.98%
|
0.65%
|
0.57%
|
0.84%
|
0.72%
|
1.64%
|
1.46%
|
1.2%
|
Announcement Date
|
30/01/20
|
28/01/21
|
27/01/22
|
26/01/23
|
30/01/24
|
-
|
-
|
-
|
Last Close Price
64.83
USD Average target price
70.91
USD Spread / Average Target +9.38% Consensus |
1st Jan change
|
Capi.
|
---|
| -19.92% | 8.61B | | -24.64% | 5.85B | | -9.48% | 3.43B | | -13.14% | 3.12B | | +9.20% | 1.49B | | -0.21% | 1.46B | | -11.88% | 1.33B | | -9.77% | 1.14B | | -3.41% | 855M |
Other Employment Services
|