RAND Stock Analysis: Randstad | AS
Staffing & Employment Services | AS, Netherlands | Market Cap: 5.016m EUR | 12M Return: -16% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.9M
EPS Trend: -89.2%
Qual. Beats: 0
Rev. Trend: -96.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
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: 284.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.15 > 1.0 |
| NWC/Revenue: 3.21% < 20% (prev 4.02%; Δ -0.81% < -1%) |
| CFO/TA 0.07 > 3% & CFO 695.0m > Net Income 284.0m |
| Net Debt (2.10b) to EBITDA (832.0m): 2.53 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (176.0m) vs 12m ago 0.11% < -2% |
| Gross Margin: 18.40% > 18% (prev 19.22%; Δ -0.82% > 0.5%) |
| Asset Turnover: 212.3% > 50% (prev 218.4%; Δ -6.10% > 0%) |
| Interest Coverage Ratio: 5.45 > 6 (EBIT TTM 507.0m / Interest Expense TTM 93.0m) |
| A: 0.07 (Total Current Assets 5.88b - Total Current Liabilities 5.14b) / Total Assets 10.7b |
| B: 0.16 (Retained Earnings 1.68b / Total Assets 10.7b) |
| C: 0.05 (EBIT TTM 507.0m / Avg Total Assets 10.8b) |
| D: 0.55 (Book Value of Equity 3.80b / Total Liabilities 6.88b) |
| Altman-Z'' = 1.86 = BBB |
| DSRI: 1.04 (Receivables 5.54b/5.54b, Revenue 22.9b/23.8b) |
| GMI: 1.04 (GM 19.22% / 18.40%) |
| AQI: 0.98 (AQ_t 0.40 / AQ_t-1 0.41) |
| SGI: 0.96 (Revenue 22.9b / 23.8b) |
| TATA: -0.04 (NI 284.0m - CFO 695.0m) / TA 10.7b) |
| Beneish M = -3.00 (Cap -4..+1) = A |
As of July 17, 2026, the stock is trading at EUR 32.49 with a total of 1,314,871 shares traded. Over the past week, the price has changed by +17.38%, over one month by +22.05%, over three months by +40.41% and over the past year by -16.04%.
Current recommended Stop Loss: 30.20 (which is 7% or 2.5 ATR below the current price).
Randstad has no consensus analysts rating.
P/E Trailing = 18.2102
P/E Forward = 11.0375
P/S = 0.2187
P/B = 1.319
P/EG = 1.0513
Revenue TTM = 22.9b EUR
EBIT TTM = 507.0m EUR
EBITDA TTM = 832.0m EUR
Long Term Debt = 1.24b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 455.0m EUR (from shortTermDebt, last quarter)
Debt = 2.44b EUR (from shortLongTermDebtTotal, last quarter) + Leases 498.0m
Net Debt = 2.10b EUR (calculated: Debt 2.44b - CCE 337.0m)
Enterprise Value = 7.12b EUR (5.02b + Debt 2.44b - CCE 337.0m)
Interest Coverage Ratio = 5.45 (Ebit TTM 507.0m / Interest Expense TTM 93.0m)
EV/FCF = 11.45x (Enterprise Value 7.12b / FCF TTM 622.0m)
FCF Yield = 8.73% (FCF TTM 622.0m / Enterprise Value 7.12b)
FCF Margin = 2.71% (FCF TTM 622.0m / Revenue TTM 22.9b)
Net Margin = 1.24% (Net Income TTM 284.0m / Revenue TTM 22.9b)
Gross Margin = 18.40% ((Revenue TTM 22.9b - Cost of Revenue TTM 18.7b) / Revenue TTM)
Gross Margin QoQ = 18.48% (prev 18.36%)
Tobins Q-Ratio = 0.67 (Enterprise Value 7.12b / Total Assets 10.7b)
Interest Expense / Debt = 3.81% (Interest Expense 93.0m / Debt 2.44b)
Taxrate = 31.40% (130.0m / 414.0m)
NOPAT = 347.8m (EBIT 507.0m * (1 - 31.40%))
Current Ratio = 1.14 (Total Current Assets 5.88b / Total Current Liabilities 5.14b)
Debt / Equity = 0.64 (Debt 2.44b / totalStockholderEquity, last quarter 3.80b)
Debt / EBITDA = 2.53 (Net Debt 2.10b / EBITDA 832.0m)
Debt / FCF = 3.38 (Net Debt 2.10b / FCF TTM 622.0m)
Total Stockholder Equity = 3.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.63% (Net Income 284.0m / Total Assets 10.7b)
RoE = 7.32% (Net Income TTM 284.0m / Total Stockholder Equity 3.88b)
RoCE = 9.90% (EBIT 507.0m / Capital Employed (Equity 3.88b + L.T.Debt 1.24b))
RoIC = 6.14% (NOPAT 347.8m / Invested Capital 5.67b)
WACC = 5.72% (E(5.02b)/V(7.46b) * Re(7.24%) + D(2.44b)/V(7.46b) * Rd(3.81%) * (1-Tc(0.31)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -66.60 | Cagr: -0.33%
[DCF] Terminal Value 74.82% ; FCFF base≈633.6m ; Y1≈612.5m ; Y5≈601.4m
[DCF] Fair Price = 41.76 (EV 9.43b - Net Debt 2.10b = Equity 7.33b / Shares 175.4m; r=8.35% [WACC [floored]]; 5y FCF grow -4.45% → 2.50% )
EPS Correlation: -89.23 | EPS CAGR: -30.57% | SUE: 0.06 | # QB: 0
Revenue Correlation: -96.52 | Revenue CAGR: -5.34% | SUE: 1.43 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.61 | Chg30d=-0.34% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=-2.02% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=2.57 | Chg30d=-0.36% | Revisions=-29% | GrowthEPS=+1.9% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=2.93 | Chg30d=-0.48% | Revisions=-38% | GrowthEPS=+14.2% | GrowthRev=+2.9%
[Analyst] Revisions Ratio: -40% (up=3, down=9)