RAND Stock Analysis: Randstad | AS
Staffing & Employment Services | AS, Netherlands | Market Cap: 6.234m EUR | 12M Return: -7.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.4M
EPS Trend: -80.7%
Qual. Beats: 0
Rev. Trend: -96.5%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Randstad N.V. is a Netherlands-based human resources services provider operating across North America, Northern Europe, Southern Europe, the United Kingdom, Latin America, and Asia Pacific. Its service portfolio spans temporary staffing, permanent placement, digital job posting and résumé platforms, recruitment process outsourcing, payroll, outplacement, managed services programs, and dedicated inhouse, enterprise, digital, and tech suite offerings. The company was founded in 1960, is headquartered in Diemen, and was rebranded from Randstad Holding NV to Randstad N.V. in April 2018.
The company operates in the Human Resource & Employment Services sub-industry, where revenue is typically generated through two main channels: a markup or spread between client bill rates and employee wages on temporary staffing assignments, and one-time placement fees on permanent hires. Staffing firms of this type are commonly viewed as cyclical businesses, with demand closely tied to broader labor market conditions and corporate hiring activity.
- US staffing revenue slows as labor market cools
- Permanent placement outpaces temp staffing volumes
- European industrial clients reduce workforce demand
| Net Income: 321.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.35 > 1.0 |
| NWC/Revenue: 4.93% < 20% (prev 5.09%; Δ -0.16% < -1%) |
| CFO/TA 0.06 > 3% & CFO 644.0m > Net Income 321.0m |
| Net Debt (2.15b) to EBITDA (852.0m): 2.52 < 3 |
| Current Ratio: 1.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (175.9m) vs 12m ago -0.06% < -2% |
| Gross Margin: 18.24% > 18% (prev 19.05%; Δ -0.81% > 0.5%) |
| Asset Turnover: 213.2% > 50% (prev 218.3%; Δ -5.06% > 0%) |
| Interest Coverage Ratio: 5.63 > 6 (EBIT TTM 535.0m / Interest Expense TTM 95.0m) |
| A: 0.11 (Total Current Assets 6.17b - Total Current Liabilities 5.04b) / Total Assets 10.8b |
| B: 0.16 (Retained Earnings 1.68b / Total Assets 10.8b) |
| C: 0.05 (EBIT TTM 535.0m / Avg Total Assets 10.8b) |
| D: 0.57 (Book Value of Equity 3.91b / Total Liabilities 6.91b) |
| Altman-Z'' = 2.12 = BBB |
| DSRI: 1.03 (Receivables 5.42b/5.39b, Revenue 23.0b/23.5b) |
| GMI: 1.04 (GM 19.05% / 18.24%) |
| AQI: 0.95 (AQ_t 0.38 / AQ_t-1 0.40) |
| SGI: 0.98 (Revenue 23.0b / 23.5b) |
| TATA: -0.03 (NI 321.0m - CFO 644.0m) / TA 10.8b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at EUR 37.05 with a total of 420,872 shares traded. Over the past week, the price has changed by +12.68%, over one month by +41.68%, over three months by +48.80% and over the past year by -7.34%.
Current recommended Stop Loss: 35.20 (which is 5% or 1.3 ATR below the current price).
Randstad has no consensus analysts rating.
P/E Trailing = 19.9607
P/E Forward = 14.0056
P/S = 0.2706
P/B = 1.628
P/EG = 1.3341
Revenue TTM = 23.0b EUR
EBIT TTM = 535.0m EUR
EBITDA TTM = 852.0m EUR
Long Term Debt = 1.24b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 337.0m EUR (from shortTermDebt, last fiscal year)
Debt = 2.41b EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 498.0m
Net Debt = 2.15b EUR (calculated: Debt 2.41b - CCE 258.0m)
Enterprise Value = 8.38b EUR (6.23b + Debt 2.41b - CCE 258.0m)
Interest Coverage Ratio = 5.63 (Ebit TTM 535.0m / Interest Expense TTM 95.0m)
EV/FCF = 14.58x (Enterprise Value 8.38b / FCF TTM 575.0m)
FCF Yield = 6.86% (FCF TTM 575.0m / Enterprise Value 8.38b)
FCF Margin = 2.50% (FCF TTM 575.0m / Revenue TTM 23.0b)
Net Margin = 1.39% (Net Income TTM 321.0m / Revenue TTM 23.0b)
Gross Margin = 18.24% ((Revenue TTM 23.0b - Cost of Revenue TTM 18.8b) / Revenue TTM)
Gross Margin QoQ = 18.13% (prev 18.48%)
Tobins Q-Ratio = 0.77 (Enterprise Value 8.38b / Total Assets 10.8b)
Interest Expense / Debt = 3.95% (Interest Expense 95.0m / Debt 2.41b)
Taxrate = 31.85% (150.0m / 471.0m)
NOPAT = 364.6m (EBIT 535.0m * (1 - 31.85%))
Current Ratio = 1.23 (Total Current Assets 6.17b / Total Current Liabilities 5.04b)
Debt / Equity = 0.62 (Debt 2.41b / totalStockholderEquity, last quarter 3.91b)
Debt / EBITDA = 2.52 (Net Debt 2.15b / EBITDA 852.0m)
Debt / FCF = 3.74 (Net Debt 2.15b / FCF TTM 575.0m)
Total Stockholder Equity = 3.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.97% (Net Income 321.0m / Total Assets 10.8b)
RoE = 8.23% (Net Income TTM 321.0m / Total Stockholder Equity 3.90b)
RoCE = 10.40% (EBIT 535.0m / Capital Employed (Equity 3.90b + L.T.Debt 1.24b))
RoIC = 6.22% (NOPAT 364.6m / Invested Capital 5.86b)
WACC = 5.81% (E(6.23b)/V(8.64b) * Re(7.01%) + D(2.41b)/V(8.64b) * Rd(3.95%) * (1-Tc(0.32)))
Discount Rate = 7.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -63.54 | Cagr: -0.70%
[DCF] Terminal Value 73.10% ; FCFF base≈632.6m ; Y1≈554.8m ; Y5≈448.2m
[DCF] Fair Price = 28.75 (EV 7.19b - Net Debt 2.15b = Equity 5.04b / Shares 175.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -80.68 | EPS CAGR: -25.59% | SUE: 0.06 | # QB: 0
Revenue Correlation: -96.48 | Revenue CAGR: -4.39% | SUE: 1.08 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.67 | Chg30d=-2.02% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=2.57 | Chg30d=-0.02% | Revisions=-38% | GrowthEPS=+2.0% | GrowthRev=+0.7%
EPS next Year (2027-12-31): EPS=2.92 | Chg30d=-0.34% | Revisions=-44% | GrowthEPS=+13.6% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: -53% (up=2, down=10)