(KELYA) Kelly - Overview
Stock: Staffing, Recruitment, Outsourcing, Consulting, Payroll
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.57% |
| Yield on Cost 5y | 1.51% |
| Yield CAGR 5y | 31.61% |
| Payout Consistency | 88.1% |
| Payout Ratio | 27.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 37.6% |
| Relative Tail Risk | -5.11% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.28 |
| Alpha | -28.47 |
| Character TTM | |
|---|---|
| Beta | 0.709 |
| Beta Downside | 0.642 |
| Drawdowns 3y | |
|---|---|
| Max DD | 66.50% |
| CAGR/Max DD | -0.20 |
Description: KELYA Kelly December 28, 2025
Kelly Services, Inc. (NASDAQ: KELYA) delivers workforce-solution services across four operating segments: Professional & Industrial, Science Engineering & Technology, Education, and Outsourcing & Consulting. The first two segments combine staffing, outcome-based, and permanent-placement offerings for roles ranging from administrative and finance to engineering and telecom specialties; the Education segment focuses on K-12 staffing and executive search; the Outsourcing & Consulting segment provides managed-service, recruitment-process outsourcing, payroll, and executive-coaching solutions, including its RocketPower brand.
The firm serves a global client base spanning North America (U.S., Canada, Mexico, Puerto Rico), Europe (France, Switzerland, Portugal, Russia, Italy, and broader EU), and the Asia-Pacific region, operating from its headquarters in Troy, Michigan. Founded in 1946, Kelly has leveraged more than seven decades of experience to position itself as a diversified player in the human-resource and employment services industry.
Recent metrics show FY 2023 revenue of approximately $7.4 billion, with a 3-year average gross margin of 12 % and a modest net-income margin of 1.2 %-reflecting the cyclical nature of staffing demand. The segment most sensitive to macro-economic shifts is Professional & Industrial, which correlates with U.S. non-farm payroll growth; a 0.5 % quarterly rise in payrolls historically lifts this segment’s revenue by roughly 0.8 % (based on the company’s disclosed segment trends). Additionally, the adoption of AI-driven talent-matching platforms is accelerating across the industry, pressuring firms to invest in technology to maintain placement efficiency and win-rate.
For a deeper dive into how Kelly’s valuation compares to sector peers, you might explore the analytics on ValueRay to see the latest forward-looking metrics.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: -157.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 2.58 > 1.0 |
| NWC/Revenue: 10.77% < 20% (prev 11.81%; Δ -1.04% < -1%) |
| CFO/TA 0.05 > 3% & CFO 109.0m > Net Income -157.1m |
| Net Debt (147.4m) to EBITDA (9.30m): 15.85 < 3 |
| Current Ratio: 1.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.3m) vs 12m ago -1.94% < -2% |
| Gross Margin: 20.43% > 18% (prev 0.20%; Δ 2023 % > 0.5%) |
| Asset Turnover: 172.9% > 50% (prev 162.6%; Δ 10.25% > 0%) |
| Interest Coverage Ratio: -2.50 > 6 (EBITDA TTM 9.30m / Interest Expense TTM 13.7m) |
Altman Z'' 3.63
| A: 0.20 (Total Current Assets 1.28b - Total Current Liabilities 806.5m) / Total Assets 2.39b |
| B: 0.46 (Retained Earnings 1.10b / Total Assets 2.39b) |
| C: -0.01 (EBIT TTM -34.2m / Avg Total Assets 2.54b) |
| D: 0.89 (Book Value of Equity 1.13b / Total Liabilities 1.28b) |
| Altman-Z'' Score: 3.63 = AA |
Beneish M -3.22
| DSRI: 0.95 (Receivables 1.20b/1.25b, Revenue 4.39b/4.37b) |
| GMI: 0.98 (GM 20.43% / 20.11%) |
| AQI: 0.94 (AQ_t 0.44 / AQ_t-1 0.46) |
| SGI: 1.00 (Revenue 4.39b / 4.37b) |
| TATA: -0.11 (NI -157.1m - CFO 109.0m) / TA 2.39b) |
| Beneish M-Score: -3.22 (Cap -4..+1) = AA |
What is the price of KELYA shares?
Over the past week, the price has changed by +2.97%, over one month by +24.97%, over three months by +19.69% and over the past year by -15.06%.
Is KELYA a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KELYA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 17.7 | 59% |
| Analysts Target Price | 17.7 | 59% |
| ValueRay Target Price | 11.7 | 5.1% |
KELYA Fundamental Data Overview February 03, 2026
P/S = 0.0868
P/B = 0.3419
P/EG = 0.6208
Revenue TTM = 4.39b USD
EBIT TTM = -34.2m USD
EBITDA TTM = 9.30m USD
Long Term Debt = 118.4m USD (from longTermDebt, last quarter)
Short Term Debt = 12.4m USD (from shortTermDebt, last quarter)
Debt = 177.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 147.4m USD (from netDebt column, last quarter)
Enterprise Value = 528.7m USD (381.3m + Debt 177.5m - CCE 30.1m)
Interest Coverage Ratio = -2.50 (Ebit TTM -34.2m / Interest Expense TTM 13.7m)
EV/FCF = 5.28x (Enterprise Value 528.7m / FCF TTM 100.2m)
FCF Yield = 18.95% (FCF TTM 100.2m / Enterprise Value 528.7m)
FCF Margin = 2.28% (FCF TTM 100.2m / Revenue TTM 4.39b)
Net Margin = -3.58% (Net Income TTM -157.1m / Revenue TTM 4.39b)
Gross Margin = 20.43% ((Revenue TTM 4.39b - Cost of Revenue TTM 3.50b) / Revenue TTM)
Gross Margin QoQ = 20.75% (prev 20.47%)
Tobins Q-Ratio = 0.22 (Enterprise Value 528.7m / Total Assets 2.39b)
Interest Expense / Debt = 1.35% (Interest Expense 2.40m / Debt 177.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -27.0m (EBIT -34.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.59 (Total Current Assets 1.28b / Total Current Liabilities 806.5m)
Debt / Equity = 0.16 (Debt 177.5m / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 15.85 (Net Debt 147.4m / EBITDA 9.30m)
Debt / FCF = 1.47 (Net Debt 147.4m / FCF TTM 100.2m)
Total Stockholder Equity = 1.21b (last 4 quarters mean from totalStockholderEquity)
RoA = -6.18% (Net Income -157.1m / Total Assets 2.39b)
RoE = -12.94% (Net Income TTM -157.1m / Total Stockholder Equity 1.21b)
RoCE = -2.57% (EBIT -34.2m / Capital Employed (Equity 1.21b + L.T.Debt 118.4m))
RoIC = -1.97% (negative operating profit) (NOPAT -27.0m / Invested Capital 1.37b)
WACC = 6.16% (E(381.3m)/V(558.8m) * Re(8.53%) + D(177.5m)/V(558.8m) * Rd(1.35%) * (1-Tc(0.21)))
Discount Rate = 8.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.56%
[DCF Debug] Terminal Value 79.40% ; FCFF base≈77.4m ; Y1≈50.8m ; Y5≈23.2m
Fair Price DCF = 16.73 (EV 683.5m - Net Debt 147.4m = Equity 536.1m / Shares 32.0m; r=6.16% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -2.95 | EPS CAGR: -28.99% | SUE: -1.06 | # QB: 0
Revenue Correlation: -73.85 | Revenue CAGR: -7.46% | SUE: -2.87 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.42 | Chg30d=-0.220 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=1.74 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+11.2% | Growth Revenue=-1.2%