(MAN) ManpowerGroup - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US56418H1005
Stock: Recruitment, Staffing, Outsourcing, Consulting, Training
Total Rating 40
Risk 86
Buy Signal -0.02
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.32% |
| Yield on Cost 5y | 1.85% |
| Yield CAGR 5y | -13.06% |
| Payout Consistency | 84.3% |
| Payout Ratio | 48.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 48.5% |
| Relative Tail Risk | -6.78% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.64 |
| Alpha | -49.17 |
| Character TTM | |
|---|---|
| Beta | 0.934 |
| Beta Downside | 0.910 |
| Drawdowns 3y | |
|---|---|
| Max DD | 67.46% |
| CAGR/Max DD | -0.33 |
Description: MAN ManpowerGroup January 14, 2026
ManpowerGroup Inc. (NYSE: MAN) delivers global workforce solutions through its Talent Solutions, Manpower, and Experis brands, covering permanent, temporary, and contract recruitment across administrative, industrial, and IT roles, as well as assessment, up-skilling, career management, consulting, and HR outsourcing services such as TAPFIN.
In FY 2023 the company generated roughly $22 billion in revenue, with the Talent Solutions segment contributing about 70 % of that total; operating margins hovered near 4 %, reflecting the capital-light nature of staffing. The business is highly sensitive to macro-economic drivers-low U.S. unemployment (~3.5 % in Q4 2023) and tight labor markets have supported demand for contingent staffing, while wage growth pressures can compress margins. Additionally, the sector’s growth rate of ~5 % CAGR over the past five years is tied to corporate trends toward flexible workforces and digital transformation initiatives.
For a deeper, data-driven view of ManpowerGroup’s valuation metrics and peer comparisons, you may find ValueRay’s analyst dashboard useful.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income: -8.80m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.00 > 1.0 |
| NWC/Revenue: 3.14% < 20% (prev 3.64%; Δ -0.49% < -1%) |
| CFO/TA 0.01 > 3% & CFO 83.7m > Net Income -8.80m |
| Net Debt (1.22b) to EBITDA (268.3m): 4.54 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (46.9m) vs 12m ago -2.49% < -2% |
| Gross Margin: 16.84% > 18% (prev 0.17%; Δ 1666 % > 0.5%) |
| Asset Turnover: 201.0% > 50% (prev 213.3%; Δ -12.35% > 0%) |
| Interest Coverage Ratio: 1.93 > 6 (EBITDA TTM 268.3m / Interest Expense TTM 94.4m) |
Altman Z'' 2.36
| A: 0.06 (Total Current Assets 5.79b - Total Current Liabilities 5.23b) / Total Assets 9.16b |
| B: 0.41 (Retained Earnings 3.73b / Total Assets 9.16b) |
| C: 0.02 (EBIT TTM 182.6m / Avg Total Assets 8.82b) |
| D: 0.47 (Book Value of Equity 3.32b / Total Liabilities 7.10b) |
| Altman-Z'' Score: 2.36 = BBB |
Beneish M -3.00
| DSRI: 1.06 (Receivables 4.77b/4.59b, Revenue 17.72b/18.08b) |
| GMI: 1.03 (GM 16.84% / 17.38%) |
| AQI: 0.95 (AQ_t 0.31 / AQ_t-1 0.33) |
| SGI: 0.98 (Revenue 17.72b / 18.08b) |
| TATA: -0.01 (NI -8.80m - CFO 83.7m) / TA 9.16b) |
| Beneish M-Score: -3.00 (Cap -4..+1) = AA |
What is the price of MAN shares?
As of February 08, 2026, the stock is trading at USD 36.64 with a total of 1,337,006 shares traded.
Over the past week, the price has changed by +0.85%, over one month by +19.90%, over three months by +31.40% and over the past year by -32.99%.
Over the past week, the price has changed by +0.85%, over one month by +19.90%, over three months by +31.40% and over the past year by -32.99%.
Is MAN a buy, sell or hold?
ManpowerGroup has received a consensus analysts rating of 3.17.
Therefor, it is recommend to hold MAN.
- StrongBuy: 1
- Buy: 1
- Hold: 9
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the MAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38.7 | 5.5% |
| Analysts Target Price | 38.7 | 5.5% |
| ValueRay Target Price | 33.6 | -8.4% |
MAN Fundamental Data Overview February 02, 2026
P/E Forward = 8.8339
P/S = 0.0937
P/B = 0.7483
P/EG = 6.8706
Revenue TTM = 17.72b USD
EBIT TTM = 182.6m USD
EBITDA TTM = 268.3m USD
Long Term Debt = 468.3m USD (from longTermDebt, last quarter)
Short Term Debt = 732.4m USD (from shortTermDebt, last quarter)
Debt = 2.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.22b USD (from netDebt column, last quarter)
Enterprise Value = 3.50b USD (1.68b + Debt 2.09b - CCE 274.6m)
Interest Coverage Ratio = 1.93 (Ebit TTM 182.6m / Interest Expense TTM 94.4m)
EV/FCF = 115.8x (Enterprise Value 3.50b / FCF TTM 30.2m)
FCF Yield = 0.86% (FCF TTM 30.2m / Enterprise Value 3.50b)
FCF Margin = 0.17% (FCF TTM 30.2m / Revenue TTM 17.72b)
Net Margin = -0.05% (Net Income TTM -8.80m / Revenue TTM 17.72b)
Gross Margin = 16.84% ((Revenue TTM 17.72b - Cost of Revenue TTM 14.74b) / Revenue TTM)
Gross Margin QoQ = 16.27% (prev 16.90%)
Tobins Q-Ratio = 0.38 (Enterprise Value 3.50b / Total Assets 9.16b)
Interest Expense / Debt = 1.10% (Interest Expense 22.9m / Debt 2.09b)
Taxrate = 21.0% (US default 21%)
NOPAT = 144.3m (EBIT 182.6m * (1 - 21.00%))
Current Ratio = 1.11 (Total Current Assets 5.79b / Total Current Liabilities 5.23b)
Debt / Equity = 1.01 (Debt 2.09b / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = 4.54 (Net Debt 1.22b / EBITDA 268.3m)
Debt / FCF = 40.32 (Net Debt 1.22b / FCF TTM 30.2m)
Total Stockholder Equity = 2.07b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.10% (Net Income -8.80m / Total Assets 9.16b)
RoE = -0.43% (Net Income TTM -8.80m / Total Stockholder Equity 2.07b)
RoCE = 7.19% (EBIT 182.6m / Capital Employed (Equity 2.07b + L.T.Debt 468.3m))
RoIC = 4.52% (NOPAT 144.3m / Invested Capital 3.19b)
WACC = 4.65% (E(1.68b)/V(3.77b) * Re(9.36%) + D(2.09b)/V(3.77b) * Rd(1.10%) * (1-Tc(0.21)))
Discount Rate = 9.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.76%
[DCF Debug] Terminal Value 81.58% ; FCFF base≈63.1m ; Y1≈43.4m ; Y5≈21.7m
Fair Price DCF = N/A (negative equity: EV 685.2m - Net Debt 1.22b = -532.6m; debt exceeds intrinsic value)
EPS Correlation: -82.32 | EPS CAGR: -17.35% | SUE: 0.46 | # QB: 0
Revenue Correlation: -77.13 | Revenue CAGR: -2.46% | SUE: 1.02 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.49 | Chg30d=+0.037 | Revisions Net=-2 | Analysts=8
EPS current Year (2026-12-31): EPS=3.65 | Chg30d=-0.042 | Revisions Net=+0 | Growth EPS=+22.9% | Growth Revenue=+4.2%
EPS next Year (2027-12-31): EPS=5.06 | Chg30d=-0.230 | Revisions Net=-1 | Growth EPS=+38.7% | Growth Revenue=+3.6%
P/S = 0.0937
P/B = 0.7483
P/EG = 6.8706
Revenue TTM = 17.72b USD
EBIT TTM = 182.6m USD
EBITDA TTM = 268.3m USD
Long Term Debt = 468.3m USD (from longTermDebt, last quarter)
Short Term Debt = 732.4m USD (from shortTermDebt, last quarter)
Debt = 2.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.22b USD (from netDebt column, last quarter)
Enterprise Value = 3.50b USD (1.68b + Debt 2.09b - CCE 274.6m)
Interest Coverage Ratio = 1.93 (Ebit TTM 182.6m / Interest Expense TTM 94.4m)
EV/FCF = 115.8x (Enterprise Value 3.50b / FCF TTM 30.2m)
FCF Yield = 0.86% (FCF TTM 30.2m / Enterprise Value 3.50b)
FCF Margin = 0.17% (FCF TTM 30.2m / Revenue TTM 17.72b)
Net Margin = -0.05% (Net Income TTM -8.80m / Revenue TTM 17.72b)
Gross Margin = 16.84% ((Revenue TTM 17.72b - Cost of Revenue TTM 14.74b) / Revenue TTM)
Gross Margin QoQ = 16.27% (prev 16.90%)
Tobins Q-Ratio = 0.38 (Enterprise Value 3.50b / Total Assets 9.16b)
Interest Expense / Debt = 1.10% (Interest Expense 22.9m / Debt 2.09b)
Taxrate = 21.0% (US default 21%)
NOPAT = 144.3m (EBIT 182.6m * (1 - 21.00%))
Current Ratio = 1.11 (Total Current Assets 5.79b / Total Current Liabilities 5.23b)
Debt / Equity = 1.01 (Debt 2.09b / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = 4.54 (Net Debt 1.22b / EBITDA 268.3m)
Debt / FCF = 40.32 (Net Debt 1.22b / FCF TTM 30.2m)
Total Stockholder Equity = 2.07b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.10% (Net Income -8.80m / Total Assets 9.16b)
RoE = -0.43% (Net Income TTM -8.80m / Total Stockholder Equity 2.07b)
RoCE = 7.19% (EBIT 182.6m / Capital Employed (Equity 2.07b + L.T.Debt 468.3m))
RoIC = 4.52% (NOPAT 144.3m / Invested Capital 3.19b)
WACC = 4.65% (E(1.68b)/V(3.77b) * Re(9.36%) + D(2.09b)/V(3.77b) * Rd(1.10%) * (1-Tc(0.21)))
Discount Rate = 9.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.76%
[DCF Debug] Terminal Value 81.58% ; FCFF base≈63.1m ; Y1≈43.4m ; Y5≈21.7m
Fair Price DCF = N/A (negative equity: EV 685.2m - Net Debt 1.22b = -532.6m; debt exceeds intrinsic value)
EPS Correlation: -82.32 | EPS CAGR: -17.35% | SUE: 0.46 | # QB: 0
Revenue Correlation: -77.13 | Revenue CAGR: -2.46% | SUE: 1.02 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.49 | Chg30d=+0.037 | Revisions Net=-2 | Analysts=8
EPS current Year (2026-12-31): EPS=3.65 | Chg30d=-0.042 | Revisions Net=+0 | Growth EPS=+22.9% | Growth Revenue=+4.2%
EPS next Year (2027-12-31): EPS=5.06 | Chg30d=-0.230 | Revisions Net=-1 | Growth EPS=+38.7% | Growth Revenue=+3.6%