Automatic Data Processing Inc.
ADP
Market Cap$100.41B
Close$
Earnings Call Q2 2024
January 31, 2024 - AI Summary
ADP reported strong second quarter results, with 6% revenue growth and 9% adjusted EPS growth.
Employer Services (ES) saw robust new business bookings, especially in the small business portfolio, and healthy growth in mid-market and international business.
ES retention declined slightly but exceeded expectations, while pays per control growth remained at 2% for the quarter.
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$194.75
19.5% downside
Current Fair Value
19.5% downsideOvervalued by 19.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $100.41 Billion |
|---|---|
| Enterprise Value | $101.75 Billion |
| Dividend Yield | $5.2355 (2.14%) |
| Earnings per Share | $8.59 |
| Beta | 0.73 |
| Outstanding Shares | 410,790,567 |
| Avg 30 Day Volume | 2,129,975 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 28.22 |
|---|---|
| PEG | 351.41 |
| Price to Sales | 5.38 |
| Price to Book Ratio | 24.2 |
| Enterprise Value to Revenue | 5.47 |
| Enterprise Value to EBIT | 21.64 |
| Enterprise Value to Net Income | 28 |
| Total Debt to Enterprise | 0.03 |
| Debt to Equity | 0.69 |
Revenue Sources
No data
ESG Score
No data
About Automatic Data Processing Inc.
58,000 employees
CEO: Carlos Rodriguez ADP is a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance...