RAND Stock Analysis: Randstad | AS
Staffing & Employment Services | AS, Netherlands | Market Cap: 6.023m EUR | 12M Return: 20.2% | NL0000379121 | 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 11.7 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. (AS: RAND) is a Netherlands-based human resources services company headquartered in Diemen, founded in 1960 and formerly known as Randstad Holding NV until April 2018. The company operates globally across North America, Northern and Southern Europe, the UK, Latin America, and Asia Pacific, making it one of the worlds largest staffing firms.
Its service portfolio spans the full HR value chain, including temporary staffing and permanent placement, digital job posting and résumé platforms, recruitment process outsourcing, payroll, outplacement, and managed services programs. Randstad also delivers specialized offerings such as inhouse, enterprise, and digital solutions, a tech suite, career development tools, and online talent acquisition services, reflecting the staffing industrys shift toward integrated workforce solutions and platform-based recruitment.
As a mid-cap Industrials company classified under the Human Resource & Employment Services sub-industry, Randstads revenue mix is tied to broader labor market cycles, with temporary staffing typically serving as a leading indicator of employment trends.
- European staffing demand weakens on slowing GDP growth
- North America segment revenue accelerates on tech and healthcare hiring
- Permanent placement margins compress as hiring freezes extend
| 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 (2.33b) to EBITDA (852.0m): 2.74 < 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: 1.06 (Receivables 5.61b/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 = -2.98 (Cap -4..+1) = A |
As of October 22, 2026, the stock is trading at EUR 41.25 with a total of 1,413,130 shares traded. Over the past week, the price has changed by +15.77%, over one month by +13.54%, over three months by +29.47% and over the past year by +20.17%.
Current recommended Stop Loss: 38.30 (which is 7.2% or 2.7 ATR below the current price).
Randstad has no consensus analysts rating.
P/E Trailing = 19.2865
P/E Forward = 12.3762
P/S = 0.2615
P/B = 1.6383
P/EG = 1.0856
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 = 470.0m EUR (from shortTermDebt, last quarter)
Debt = 2.59b EUR (from shortLongTermDebtTotal, last quarter) + Leases 498.0m
Net Debt = 2.33b EUR (calculated: Debt 2.59b - CCE 258.0m)
Enterprise Value = 8.36b EUR (6.02b + Debt 2.59b - CCE 258.0m)
Interest Coverage Ratio = 5.63 (Ebit TTM 535.0m / Interest Expense TTM 95.0m)
EV/FCF = 14.53x (Enterprise Value 8.36b / FCF TTM 575.0m)
FCF Yield = 6.88% (FCF TTM 575.0m / Enterprise Value 8.36b)
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 8.36b / Total Assets 10.8b)
Interest Expense / Debt = 3.67% (Interest Expense 95.0m / Debt 2.59b)
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 = 0.66 (Debt 2.59b / totalStockholderEquity, last quarter 3.91b)
Debt / EBITDA = 2.74 (Net Debt 2.33b / EBITDA 852.0m)
Debt / FCF = 4.06 (Net Debt 2.33b / 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 = 6.08% (NOPAT 364.6m / Invested Capital 5.99b)
WACC = 4.97% (E(6.02b)/V(8.61b) * Re(6.03%) + D(2.59b)/V(8.61b) * Rd(3.67%) * (1-Tc(0.32)))
Discount Rate = 6.03% (= 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 = 27.71 (EV 7.19b - Net Debt 2.33b = Equity 4.86b / 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=0.70 | Chg30d=-1.76% | Revisions=-40% | Analysts=5
EPS current Year (2026-12-31): EPS=2.58 | Chg30d=-0.68% | Revisions=+10% | GrowthEPS=+2.5% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=2.90 | Chg30d=-0.38% | Revisions=+0% | GrowthEPS=+12.3% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -5% (up=8, down=9)