Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
Adecco Group AG is a Swiss-French multinational corporation headquartered in Zurich, Switzerland, recognized as the world's leading talent solutions and advisory company and the second-largest human resources provider and temporary staffing firm. Formed in 1997 through the merger of French Ecco and Swiss Adia Interim, it delivers comprehensive workforce solutions including temporary and permanent staffing, career transition services, talent development, upskilling, business process outsourcing, and consulting across office, industrial, technical, financial, legal, and technology sectors. The company operates three global business units—Adecco for flexible workforce solutions, Akkodis for technology and digital engineering expertise, and LHH for talent development and workforce transformation—serving over 100,000 clients in 60 countries and enabling more than 2 million careers annually with around 35,000 company employees and 167,000 total FTEs including associates. As a Fortune Global 500 entity listed on the SIX Swiss Exchange, Adecco Group AG plays a pivotal role in bridging talent gaps, powering digital transformation, and fostering inclusive labor markets amid megatrends like AI and technological change. Its strategic focus on sustainability, innovation, and partnerships underscores its significance in shaping the global future of work.
CHF 23.66
+CHF 1.00 (+4.41%)
EOD Aug 7, 2026
Operating margin is thin at 2.33%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 0.2% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 14% versus the prior year, cash generation momentum has weakened. Net debt of €2.79B represents 5.8x FCF, leverage limits flexibility.
14.1x earnings, 9.5x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€23.17B
▼ -0.2% YoY
Net Income (TTM)
€303M
▼ -3.0% YoY
Op. Margin
2.40%
▲ +0.1pp YoY
ROIC
5.35%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€448M
▼ -14.2% YoY
Op. Cash Flow (TTM)
€483M
▼ -16.2% YoY
Net Debt
€2.79B
Cash & Equiv.
€388M
3Y CAGR: -0.8%
3Y CAGR: +13.8%
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At a P/E of 14.1 and a price-to-free-cash-flow of 9.5, Adecco (ADEN.XSWX) trades around a two-stage DCF intrinsic value of about €29.59 per share, so at €23.66 the stock looks around fair value (25.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Adecco scores 55/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €29.59 per share for ADEN.XSWX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €22.19. At today's €23.66, that puts the stock about 25.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Adecco scores 55 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 2.4% operating margin and a 5.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Adecco pays a regular dividend of about €1.05 per share per year (typically in quarterly installments), a yield of roughly 4.1% at the current price. That is a payout ratio of about 58.1% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ADEN.XSWX's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ADEN.XSWX currently trades around its estimated intrinsic value and scores 55/100 on quality (mixed). It also yields about 4.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.