Valuation Randstad N.V.

Stocks

Market Closed - Euronext Amsterdam 20:55:00 10/11/2026 +04			5-day change	1st Jan Change
40.36 ^EUR	+0.77%		-1.44%	+24.68%

11-10	Randstad: Target price maintained
10-22	Wall Street, Please Make Up Your Mind on AI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	11,045	10,416	10,227	7,130	5,672	7,081	-	-
Change	-	-5.69%	-1.82%	-30.28%	-20.44%	24.84%	-	-
Enterprise Value (EV) ¹	11,460	11,286	11,150	8,981	7,176	8,433	8,310	8,133
Change	-	-1.52%	-1.21%	-19.45%	-20.09%	17.52%	-1.46%	-2.13%
P/E	14.6x	11.3x	16.5x	62.6x	19.5x	19.9x	17.1x	15.1x
PBR	2.24x	2.13x	2.18x	1.78x	1.42x	1.74x	1.68x	1.6x
PEG	-	0.5x	-0.5x	-0.8x	0x	0.9x	1x	1.1x
Capitalization / Revenue	0.45x	0.38x	0.4x	0.3x	0.25x	0.3x	0.29x	0.28x
EV / Revenue	0.47x	0.41x	0.44x	0.37x	0.31x	0.36x	0.34x	0.32x
EV / EBITDA	8.06x	7.07x	8.11x	8.48x	7.38x	9.09x	8.25x	7.52x
EV / EBIT	10.5x	8.72x	10.4x	11.9x	9.97x	11.3x	10.3x	9.24x
EV / FCF	19.4x	15.3x	10.1x	15.9x	8.98x	22.4x	17.7x	15.2x
FCF Yield	5.15%	6.55%	9.87%	6.29%	11.1%	4.47%	5.65%	6.56%
Dividend per Share ²	2.19	2.85	2.28	1.62	1.62	1.638	1.674	1.773
Rate of return	3.65%	5%	4.02%	3.98%	5%	4.06%	4.15%	4.39%
EPS ²	4.1	5.02	3.43	0.65	1.66	2.03	2.366	2.679
Distribution rate	53.4%	56.8%	66.5%	249%	97.6%	80.7%	70.8%	66.2%
Net sales ¹	24,635	27,568	25,426	24,122	23,077	23,616	24,339	25,089
EBITDA ¹	1,421	1,597	1,374	1,059	973	928.1	1,007	1,081
EBIT ¹	1,095	1,294	1,075	754	720	747	810.6	879.8
Net income ¹	768	929	624	123	299	353.9	427.5	487.3
Net Debt ¹	415	870	923	1,851	1,504	1,352	1,229	1,052
Reference price ²	60.04	56.96	56.72	40.71	32.37	40.36	40.36	40.36
Nbr of stocks (in thousands)	183,954	182,865	180,300	175,139	175,231	175,451	-	-
Announcement Date	15/02/22	14/02/23	13/02/24	12/02/25	10/02/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
RANDSTAD N.V.	19.73x	0.35x	9.03x	4.09%	7.87B
RECRUIT HOLDINGS CO., LTD.	31.61x	5.6x	21.4x	0.15%	156B
AUTOMATIC DATA PROCESSING, INC.	24.43x	5.09x	16.96x	2.36%	119B
PAYCHEX, INC.	20.86x	6.4x	13.6x	4.24%	40.85B
KANZHUN LIMITED	11.09x	3.6x	7.86x	1.51%	7.53B
BENEFIT SYSTEMS S.A.	21.58x	4x	12.66x	1.62%	5.21B
ADECCO GROUP AG	12.79x	0.27x	7.36x	4.29%	4.76B
ROBERT HALF INC.	32.12x	0.74x	15.36x	5.59%	4.26B
PERSOL HOLDINGS CO.,LTD.	13.71x	0.34x	5.66x	4.42%	4.13B
KORN FERRY	13.65x	1.18x	6.86x	2.96%	4.1B
Average	20.16x	2.76x	11.67x	3.12%	35B
Weighted average by Cap.	26.43x	5.09x	17.69x	1.71%