ManpowerGroup Inc (MAN) Fair Value & Analysis
Industrials · US · Market cap $1.6B
ManpowerGroup Inc
MAN · US
Fair value as of: Aug 13, 2026
From 9 valuation models · updated today
Fair value updated Aug 13, 2026, revised from $29.67 to $23.19 (−21.8%) since Jul 17, 2026. Share price +50.8% over the past month.
A solid business, but screening 61% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case ($26.05). The favourable scenario is already priced in.
- Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range $25.16 – $101.70 · fair‑value band $19.80 – $26.05 · the $59.09 price screens above the $23.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
ManpowerGroup Inc (MAN) currently trades at $59.09, while our model-based Fair Value estimate is $23.19, implying the stock looks roughly 60.8% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, ManpowerGroup Inc generated revenue of $18.4B at a net margin of -0.1%. Revenue grew 10.3% year over year. It earns a return on equity of -0.8%. Net debt stands at $1.5B. Fundamentals as of Aug 13, 2026
Our scenario range runs from $19.80 (bear case) to $26.05 (bull case); at $59.09, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 140% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 21% fair-value upside, at -61%, MAN screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 9 models by family
Widest divergence: Multiples ($83.40) versus Dividend Discount ($14.23). Highest evidence: ROIC Compounder (72).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 73
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
ManpowerGroup Inc. provides workforce solutions and services under the Manpower, the Experis, and the Talent Solutions brands in the Americas, Southern Europe, Northern Europe, and the Asia Pacific/the Middle East.
Full company description
ManpowerGroup Inc. provides workforce solutions and services under the Manpower, the Experis, and the Talent Solutions brands in the Americas, Southern Europe, Northern Europe, and the Asia Pacific/the Middle East. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative, industrial, and information technology professional positions; assessment, upskilling, reskilling, training and development, career management, and workforce consulting services; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. It also offers contingent staffing and permanent recruitment services; information technology professional resourcing and project services; and recruitment process outsourcing solutions; and right management services, as well as TAPFIN, a managed service provider solution. ManpowerGroup Inc. was incorporated in 1948 and is headquartered in Milwaukee, Wisconsin.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
ManpowerGroup Inc reported revenue of $18.0B in FY2025 versus $20.7B in FY2021, a compound −3.5%/yr. Reported net income was −$13.3M in FY2025.
of which total revenue −0.9 pp · buybacks/dilution +5.2 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
MAN screens 61% overvalued. Compare with Adecco Group →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- ManpowerGroup (MAN) Q2 2026 Earnings Call Transcript
- MAN's Q2 Earnings & Revenues Surpass Estimates, Increase Y/Y
- ManpowerGroup (MAN) Stock Still Looks Undervalued As It Jumps 72% YTD
Peer Group
Staffing & Employment Services · 85 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Staffing & Employment Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Adecco Group ADEN | CHF 23.14 | CHF 24.08 | +4% |
| Korn Ferry, KFY | $83.30 | $114.56 | +38% |
| Robert Half Inc RHI | $41.55 | $20.51 | -51% |
| TriNet Group TNET | $66.83 | $97.07 | +45% |
| Insperity, Inc NSP | $50.39 | $17.34 | -66% |
| FESCO Group 600861 | ¥13.17 | ¥45.46 | +245% |
| Grupa Pracuj S.A GPP | 55.50 PLN | 65.45 PLN | +18% |
| Barrett Business Services, Inc BBSI | $31.39 | $38.11 | +21% |
| Maharah for Human Resources Company 1831 | 5.36 SAR | 6.87 SAR | +28% |
| Kforce Inc KFRC | $57.71 | $31.40 | -46% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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