PERSOL HOLDINGS CO (2181) AI Stock Analysis

• Market Cap: $619.88B
• Dividend Yield: 3.45%
• Average Volume (3M): 6.39M
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.62
• Revenue Growth: 7.71%
• EPS Growth: 3.01%
• Country: JP
• Employees: 65,730
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 4.86
• Shares Outstanding: 2,278,437,700
• 10 Day Avg. Volume: 4,605,160
• 30 Day Avg. Volume: 6,388,270
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 0.44
• Enterprise Value/Gross Profit: 1.93
• Enterprise Value/Ebitda: 7.01
• 1Y Price Target: $355.00
• Price Target Upside: 28.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 76 Outperform
• Price Target: ¥320.00 ▲(16.11% Upside)

PERSOL HOLDINGS CO's strong financial performance is the primary driver of its overall score, supported by effective cost management and robust cash flow generation. The technical analysis suggests a neutral to slightly positive outlook, while the valuation metrics indicate a fair valuation with an attractive dividend yield. The absence of earnings call data and corporate events does not impact the score.

PERSOL HOLDINGS CO Business Overview & Revenue Model

Company Description

Persol Holdings Co., Ltd. provides human resource services under the PERSOL brand worldwide. The company offers general worker dispatching, permanent placement, outsourcing, and other services. It also provides temporary staffing services, such as clerical work, research, clinical development, sales, and light work; outsourcing services, including clerical work, government office contract, call center, helpdesk, CRO, and manufacturing; and temporary job placement services. In addition, the company offers permanent placement mid-career and new grad recruitment; career change media and direct recruiting; executive and advisory placement; outplacement support; and career training services. Further, it provides IT and business outsourcing, digital solutions and system development, business consulting, and engineering services; and digital solutions, such as employment, human resources management, and education, as well as incubation programs. Additionally, the company offers equipment/facility maintenance, outsourcing, human resource management consulting, and education/training services. The company was formerly known as Temp Holdings Co., Ltd. and changed its name to Persol Holdings Co., Ltd. in July 2017. The company was incorporated in 2008 and is headquartered in Tokyo, Japan.

How the Company Makes Money

PERSOL HOLDINGS CO generates revenue primarily through its staffing and workforce solutions services. The company earns income by providing temporary and permanent staffing services, where it charges client companies for supplying personnel to meet their workforce demands. Additionally, PERSOL HOLDINGS offers outsourcing services, allowing companies to delegate certain business processes or functions, which also contributes to its revenue. Consulting services provide another revenue stream, offering strategic HR solutions and advice to businesses. The company's broad client base, extensive service offerings, and strong industry partnerships significantly enhance its revenue-generating capabilities.

PERSOL HOLDINGS CO Financial Statement Overview

Summary

PERSOL HOLDINGS CO exhibits a solid financial position with consistent revenue and profit growth, effective cost management, and strong cash flow generation. The balance sheet reflects prudent leverage and strong equity, supporting long-term stability.

Income Statement

PERSOL HOLDINGS CO has demonstrated strong revenue growth over the years, with a notable increase of 9.37% from 2024 to 2025. The gross profit margin shows a solid performance at approximately 22.88% for 2025, indicating efficient cost management. The net profit margin has improved to 2.47% in 2025, reflecting enhanced profitability. EBIT and EBITDA margins stand at 4.00% and 6.38% respectively, showing healthy operational efficiency. The consistent growth and profitability improvements highlight strong financial health.

Balance Sheet

The company's balance sheet reflects a strong equity position with an equity ratio of approximately 35.13% in 2025, indicating solid financial stability. The debt-to-equity ratio is managed well at 0.41, showcasing prudent financial leverage. Return on equity is commendable at 18.91% for 2025, reflecting effective use of shareholders' equity to generate profits. Overall, the balance sheet presents a stable financial foundation with manageable leverage.

Cash Flow

PERSOL HOLDINGS CO has shown robust cash flow management, with a free cash flow growth rate of 2.32% from 2024 to 2025. The operating cash flow to net income ratio is strong at 1.92, indicating efficient conversion of profits into cash. The free cash flow to net income ratio is 1.78, further demonstrating strong cash generation. The company maintains positive cash flow trends, supporting its financial flexibility and growth prospects.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.45T	1.45T	1.33T	1.22T	1.06T	950.72B
Gross Profit	332.13B	332.13B	301.16B	282.64B	240.84B	201.41B
EBITDA	91.66B	92.56B	80.06B	72.78B	67.15B	45.66B
Net Income	35.87B	35.87B	29.97B	22.76B	31.91B	15.34B
Balance Sheet
Total Assets	539.75B	539.75B	518.73B	442.16B	421.78B	383.42B
Cash, Cash Equivalents and Short-Term Investments	82.82B	82.82B	108.37B	99.76B	107.55B	83.16B
Total Debt	77.28B	77.28B	68.99B	54.96B	53.46B	64.31B
Total Liabilities	333.36B	333.36B	310.41B	241.43B	217.47B	208.26B
Stockholders Equity	189.63B	189.63B	192.35B	185.51B	183.00B	157.12B
Cash Flow
Free Cash Flow	63.72B	63.72B	62.27B	39.36B	39.70B	25.34B
Operating Cash Flow	68.85B	68.85B	77.75B	52.80B	50.69B	37.57B
Investing Cash Flow	-29.77B	-29.77B	-19.00B	-22.50B	-7.06B	-14.02B
Financing Cash Flow	-63.88B	-63.88B	-53.80B	-38.27B	-21.14B	-17.97B

PERSOL HOLDINGS CO Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 275.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2181, the sentiment is Negative. The current price of 275.6 is below the 20-day moving average (MA) of 282.53, below the 50-day MA of 284.92, and above the 200-day MA of 257.62, indicating a neutral trend. The MACD of -2.00 indicates Positive momentum. The RSI at 42.12 is Neutral, neither overbought nor oversold. The STOCH value of 8.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2181.

PERSOL HOLDINGS CO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2146	81 Outperform	111.41B	19.80	25.62%	5.46%	13.16%	-40.17%
2124	76 Outperform	185.10B	25.48	31.01%	2.31%	19.22%	20.94%
2181	76 Outperform	$619.88B	17.96	17.60%	3.45%	7.71%	3.01%
6028	72 Outperform	502.93B	31.21	20.16%	1.86%	9.01%	12.27%
9744	66 Neutral	256.95B	20.04	―	5.01%	4.40%	0.23%
2168	48 Neutral	82.82B	-9.92	-6.42%	0.68%	-13.31%	-109.06%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

PERSOL HOLDINGS CO Corporate Events

PERSOL HOLDINGS Reports Revenue Growth Amid Profit Decline in Q1 2025

PERSOL HOLDINGS CO., LTD. reported its consolidated financial results for the three months ended June 30, 2025, showing a 3.6% increase in revenue compared to the previous year. However, the company experienced declines in operating profit, profit before tax, and profit attributable to owners of the parent, with comprehensive income dropping significantly by 41.5%. The company maintains its financial forecast for the fiscal year ending March 31, 2026, with expectations of revenue growth and improved profitability, despite the current quarter’s challenges.

The most recent analyst rating on (JP:2181) stock is a Hold with a Yen260.00 price target. To see the full list of analyst forecasts on PERSOL HOLDINGS CO stock, see the JP:2181 Stock Forecast page.

PERSOL HOLDINGS Receives Significant Dividends from Subsidiaries

PERSOL HOLDINGS CO., LTD. announced that it has received dividends amounting to 39,073 million yen from its consolidated subsidiaries. This dividend income will be recorded under sales in the company’s non-consolidated financial statements for the fiscal year ending March 31, 2026, with no impact on the consolidated financial results.

The most recent analyst rating on (JP:2181) stock is a Hold with a Yen260.00 price target. To see the full list of analyst forecasts on PERSOL HOLDINGS CO stock, see the JP:2181 Stock Forecast page.

PERSOL HOLDINGS Announces Merger with Subsidiary to Boost Efficiency

PERSOL HOLDINGS CO., LTD. announced a merger with its wholly owned subsidiary, PERSOL FACILITY MANAGEMENT CO., LTD., effective August 1, 2025. This merger aims to enhance operational efficiency by integrating resources and operations within the group, with no new shares or cash payments involved due to the subsidiary’s full ownership.

The most recent analyst rating on (JP:2181) stock is a Hold with a Yen260.00 price target. To see the full list of analyst forecasts on PERSOL HOLDINGS CO stock, see the JP:2181 Stock Forecast page.