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Randstad Nv Unsponsored ADR (RANJY)
:RANJY
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Randstad NV
(OTC:RANJY)
Rating:56Neutral
Price Target:
$24.50
â–¼(-3.54%Downside)
Randstad NV (RANJY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.96B
Dividend Yield0.42%
Average Volume (3M)317.00
Price to Earnings (P/E)103.1
Beta (1Y)0.63
Revenue Growth-3.15%
EPS Growth-83.85%
CountryUS
Employees40,000
SectorIndustrials
Sector Strength93
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)0.28
Shares Outstanding361,738,620
10 Day Avg. Volume496
30 Day Avg. Volume317
Financial Highlights & Ratios
PEG Ratio-10.30
Price to Book (P/B)1.90
Price to Sales (P/S)0.00
P/FCF Ratio11.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$21.50Price Target Upside-15.35% Downside
Rating ConsensusHold
Number of Analyst Covering0
Randstad NV Business Overview & Revenue Model
Company DescriptionRandstad 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 specialty areas, as well as payroll services. The company also offers on-site solutions for managing a client's workforce with specific skill sets and a fluctuating level of demand for the fast-moving consumer goods, automotive, life sciences, contact centers, manufacturing, and logistics, as well as the administrative and professional segments. In addition, it recruits experienced staff for managerial and professional roles in a range of sectors and disciplines, including IT, engineering, finance, healthcare, HR, education, legal affairs, sales and marketing and communications. Further, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition. It has operations in North America, France, the Netherlands, Germany, Belgium, Luxembourg, Italy, Iberia, other European countries, and internationally. The company was formerly known as Randstad Holding NV and changed its name to Randstad N.V. in April 2018. Randstad N.V. was founded in 1960 and is headquartered in Diemen, the Netherlands.
How the Company Makes MoneyRandstad NV generates revenue primarily through its staffing and workforce solutions services. The company earns money by charging clients for temporary and permanent staffing, recruitment process outsourcing (RPO), and other HR-related services. Key revenue streams include fees from placing temporary workers, which typically involve billing clients at an hourly rate that includes both the wages paid to the workers and a markup for Randstad's services. Permanent placement fees are charged as a percentage of the candidate's first-year salary. Additionally, Randstad offers managed services and other HR solutions, which contribute to its revenue. The company's earnings are significantly influenced by economic conditions, employment trends, and labor demand across various sectors. Strategic partnerships and acquisitions also play a role in expanding Randstad's market presence and enhancing its service offerings.
Randstad NV Earnings Call Summary
Earnings Call Date:Jul 23, 2025
(Q2-2025)
| % Change Since: 3.42%|
Next Earnings Date:Oct 22, 2025
Earnings Call Sentiment Neutral
The earnings call reflects a mixed performance with notable growth in digital and specific regions like Italy, Spain, and APAC. However, challenges persist in Northern Europe, North America's professional solutions, and certain market segments like Germany and the UK. The focus on digital expansion and cost-saving initiatives are positive, yet the organic revenue decline and low hiring confidence in key regions present substantial challenges.Q2-2025 Updates
Positive Updates
Revenue and EBITDA Performance
Randstad achieved revenues of EUR 5.8 billion and EBITDA of EUR 171 million with a margin of 3.0%.
Growth in Italy, Spain, and APAC
Good profitable growth was delivered in Italy and Spain. Growth returned in APAC, particularly in India and Japan.
Digital Marketplace Expansion
Over 700,000 shifts were directly selected by talent on Randstad's digital marketplaces, a double-digit increase over Q1.
North America EBITDA Margin Improvement
The EBITA margin for North America came in at 4.1%, up 70 basis points year-over-year.
RPO Growth
RPO (Recruitment Process Outsourcing) demand grew 8% across markets.
Negative Updates
Organic Revenue Decline
Organic revenue declined by 2.3% year-over-year.
Weakness in Northern Europe
Northwest Europe continues to face weakness in hiring confidence affecting permanent recruiting and professional businesses.
Subdued Professional Solutions and Permanent Hiring
Professional Solutions and permanent hiring in North America declined by 16% and 24%, respectively.
Decline in Germany and UK Markets
Germany's market environment remains unchanged with challenges in the automotive sector, and the UK labor market continues to soften, with a 15% decline.
Lower Gross Margin
The gross margin declined approximately 90 basis points year-over-year, influenced by FX and subdued perm.
Company Guidance
During the Randstad Q2 2025 results conference call, CEO Sander van 't Noordende and CFO Jorge Vazquez provided extensive guidance on the company's performance and future outlook. The company achieved revenues of EUR 5.8 billion and an EBITDA of EUR 171 million, with a margin of 3.0%. North America showed a notable 4.1% EBITA margin, reflecting productivity gains, while Northern Europe experienced mixed trends with operational growth offset by challenges in professional sectors. Italy and Spain continued to demonstrate profitable growth, and APAC regions like India and Japan exhibited strong performance. However, uncertainty persists, affecting client confidence and permanent hiring, with a potential shift towards temporary work. Randstad is focusing on its "partner for talent" strategy, emphasizing specialization and digital transformation, including a 700,000 shift increase in its digital marketplaces. The company foresees a similar decline in gross margin in Q3, anticipating a step-up in profitability through continued cost savings, operational excellence, and strategic investments, aiming for north of EUR 100 million net structural savings for 2025.Randstad NV Financial Statement Overview
Summary
Randstad NV is facing significant financial challenges with declining revenues, thin net profit margins, and a decrease in gross and EBITDA margins. The balance sheet indicates increasing debt levels, and ROE has substantially decreased. While the company generates strong operating cash flow, free cash flow has declined, highlighting the need for improved cash management.Income Statement
Randstad NV has shown a decline in revenue over the past few years. The net profit margin for 2024 was 0.51%, indicating very thin profitability. Gross profit margin decreased to 19.49% in 2024, down from 20.76% in 2023. EBITDA margin also fell to 2.51% in 2024 from 4.6% in 2023, reflecting operational challenges. The revenue growth rate was negative, with a decline of 5.13% from 2023 to 2024, showing a downward trend in revenue generation.45
Neutral
Balance Sheet
The company's balance sheet shows a stable equity ratio of 36.92% in 2024, which indicates a moderate level of financial leverage. The debt-to-equity ratio rose to 0.54 in 2024 from 0.25 in 2020, reflecting an increase in debt levels. Return on Equity (ROE) decreased to 2.98% from 13.28% in 2023, indicating reduced profitability relative to shareholder equity. The increase in total debt over the years could pose a risk if not managed carefully.60
Neutral
Cash Flow
Randstad NV's operating cash flow to net income ratio was 5.28 in 2024, suggesting strong cash generation relative to net income. However, free cash flow declined significantly from 2023, with a free cash flow to net income ratio of 4.59. The free cash flow growth rate was negative due to reduced operational efficiency and capital expenditure increases, indicating a need for improved cash management.55
Neutral
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 24.12B | 25.43B | 27.57B | 24.64B | 20.72B |
| Gross Profit | 4.70B | 5.28B | 5.75B | 4.90B | 3.95B |
| EBITDA | 606.00M | 1.17B | 1.47B | 1.38B | 798.00M |
| Net Income | 123.00M | 624.00M | 929.00M | 768.00M | 304.00M |
Balance Sheet | |||||
| Total Assets | 11.19B | 10.69B | 11.11B | 11.04B | 9.59B |
| Cash, Cash Equivalents and Short-Term Investments | 357.00M | 261.00M | 274.00M | 859.00M | 474.00M |
| Total Debt | 2.22B | 1.18B | 1.14B | 1.27B | 729.00M |
| Total Liabilities | 7.06B | 5.99B | 6.19B | 6.14B | 4.92B |
| Stockholders Equity | 4.13B | 4.70B | 4.91B | 4.90B | 4.67B |
Cash Flow | |||||
| Free Cash Flow | 565.00M | 1.10B | 951.00M | 786.00M | 1.36B |
| Operating Cash Flow | 649.00M | 1.19B | 1.07B | 914.00M | 1.46B |
| Investing Cash Flow | -518.00M | -147.00M | -290.00M | -207.00M | -112.00M |
| Financing Cash Flow | -21.00M | -1.03B | -1.37B | -322.00M | -1.09B |
Randstad NV Technical Analysis
Positive
25.40
Price Trends
22.53
Positive
21.53
Positive
21.33
Positive
Market Momentum
0.69
Positive
67.54
Neutral
64.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RANJY, the sentiment is Positive. The current price of 25.4 is above the 20-day moving average (MA) of 24.24, above the 50-day MA of 22.53, and above the 200-day MA of 21.33, indicating a bullish trend. The MACD of 0.69 indicates Positive momentum. The RSI at 67.54 is Neutral, neither overbought nor oversold. The STOCH value of 64.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RANJY.
Randstad NV Peers Comparison
Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.82B | 15.99 | 13.49% | 2.31% | -1.23% | 44.06% | |
65 Neutral | $11.05B | 15.76 | 5.13% | 1.92% | 3.11% | -24.90% | |
61 Neutral | $4.07B | 22.76 | 12.75% | 5.63% | -6.95% | -41.84% | |
59 Neutral | $2.07B | 18.36 | -0.78% | 4.95% | -3.79% | -138.56% | |
57 Neutral | $2.24B | 35.96 | 48.65% | 3.98% | 1.90% | -60.33% | |
57 Neutral | $467.82M | 11.43 | -1.60% | 2.24% | -3.49% | -140.04% | |
56 Neutral | $8.96B | 103.10 | 2.12% | 0.42% | -3.15% | -83.85% |
* Industrials Sector Average
Performance Comparison
RANJY
Randstad NV
25.40
2.72
11.99%
NSP
Insperity
60.37
-37.15
-38.09%
KELYA
Kelly Services
13.40
-9.46
-41.38%
KFY
Korn Ferry
73.71
4.10
5.89%
MAN
ManpowerGroup
45.70
-26.59
-36.78%
RHI
Robert Half
39.81
-21.21
-34.76%
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.