Randstad Holding NV (NL:RAND)
:RAND
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Randstad Holding NV
(RAND)
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Rating:58Neutral
Price Target:
€22.50
▼(-5.54% Downside)
Action:ReiteratedDate:02/18/26
The score is primarily constrained by weakening fundamentals versus prior peaks (multi-year revenue declines and structurally lower margins) and bearish technicals (price below key moving averages with negative MACD). These are partially offset by strong 2025 cash generation and supportive valuation characteristics, especially the very high dividend yield.
Positive Factors
Cash generation
Strong operating cash flow and high free cash flow in 2025 indicate durable cash conversion ability. FCF roughly €0.8B and running at ~87%–92% of net income supports dividend funding, debt servicing and reinvestment, providing a multi-month cushion versus cyclical revenue pressure.
Negative Factors
Multi-year revenue decline
Sustained multi-year revenue declines point to structural demand headwinds or loss of market share. Falling top-line reduces operating leverage and makes margin recovery harder, limiting the speed of any rebound and constraining free cash flow expansion absent structural demand improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Strong operating cash flow and high free cash flow in 2025 indicate durable cash conversion ability. FCF roughly €0.8B and running at ~87%–92% of net income supports dividend funding, debt servicing and reinvestment, providing a multi-month cushion versus cyclical revenue pressure.
Read all positive factors
Randstad Holding NV (RAND) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€3.83B
Dividend Yield9.24%
Average Volume (3M)400.92K
Price to Earnings (P/E)19.0
Beta (1Y)0.65
Revenue Growth-3.62%
EPS Growth-87.74%
CountryNL
Employees40,000
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)0.77
Shares Outstanding175,977,420
10 Day Avg. Volume379,821
30 Day Avg. Volume400,924
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)1.42
Price to Sales (P/S)0.25
P/FCF Ratio7.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€29.56Price Target Upside24.08% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering9
EPS Forecast (FY)2.65
Revenue Forecast (FY)€23.16B
Randstad Holding NV Business Overview & Revenue Model
Company Description
Randstad N.V. provides solutions in the field of work and human resources (HR) services. It offers temporary staffing and permanent placement services for the light industrial, office and administrative, manufacturing and logistics, and other spec...
How the Company Makes Money
Randstad primarily makes money by connecting employers with workers and charging clients for staffing and related HR services. Its largest revenue stream is typically temporary staffing: Randstad recruits and employs or otherwise supplies continge...
Randstad Holding NV Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.08B | 24.12B | 25.43B | 27.57B | 24.64B |
| Gross Profit | 4.31B | 4.70B | 5.28B | 5.75B | 4.90B |
| EBITDA | 845.00M | 633.00M | 1.17B | 1.47B | 1.38B |
| Net Income | 299.00M | 123.00M | 624.00M | 929.00M | 768.00M |
Balance Sheet | |||||
| Total Assets | 11.27B | 11.19B | 10.69B | 11.11B | 11.04B |
| Cash, Cash Equivalents and Short-Term Investments | 399.00M | 357.00M | 261.00M | 274.00M | 859.00M |
| Total Debt | 2.24B | 2.22B | 1.18B | 1.14B | 1.27B |
| Total Liabilities | 7.26B | 7.06B | 5.99B | 6.19B | 6.14B |
| Stockholders Equity | 4.00B | 4.13B | 4.70B | 4.91B | 4.90B |
Cash Flow | |||||
| Free Cash Flow | 799.00M | 565.00M | 1.10B | 951.00M | 786.00M |
| Operating Cash Flow | 872.00M | 649.00M | 1.19B | 1.07B | 914.00M |
| Investing Cash Flow | -69.00M | -518.00M | -147.00M | -290.00M | -207.00M |
| Financing Cash Flow | -773.00M | -21.00M | -1.03B | -1.37B | -322.00M |
Randstad Holding NV Technical Analysis
Negative
23.82
Price Trends
24.69
Negative
27.12
Negative
31.47
Negative
Market Momentum
-0.76
Negative
35.11
Neutral
12.80
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:RAND, the sentiment is Negative. The current price of 23.82 is above the 20-day moving average (MA) of 22.56, below the 50-day MA of 24.69, and below the 200-day MA of 31.47, indicating a bearish trend. The MACD of -0.76 indicates Negative momentum. The RSI at 35.11 is Neutral, neither overbought nor oversold. The STOCH value of 12.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NL:RAND.
Randstad Holding NV Peers Comparison
UnderperformOutperform
Sector (63)
NL:RAND
Randstad Holding NV
21.79
-10.08
-31.62%
NL:BRNL
Brunel International N.V.
6.75
-1.72
-20.32%
NL:MORE
Morefield Group N.V.
0.79
0.29
58.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.