ManpowerGroup Inc (MAN) Fair Value & Analysis
Industrials · US · Market cap $1.6B · ISIN US56418H1005
What is ManpowerGroup Inc really worth?
ManpowerGroup Inc
MAN · US
A solid business, but trading 165% above our fair value of $23.19.
Risks
For context
Fair value as of: Sep 3, 2026
From 9 valuation models · updated 2 days ago
Share price +12.2% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
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 Sep 3, 2026.
How to read this chart
60‑month range $25.16 – $101.70 · fair‑value band $19.80 – $26.05 · the $61.51 price screens above the $23.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 3, 2026.
Analysis
ManpowerGroup Inc (MAN) currently trades at $61.51, while our model-based Fair Value estimate is $23.19, implying the stock looks roughly 165.3% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials sector. Bull case: the Multiples group reads highest at a median of $83.40 per share, and 3 of the 8 models we run sit above the $61.51 price. Bear case: the Dividend Discount group reads lowest at $14.23, and 5 of the 8 models stay below the price. Evidence for this calculation is 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 Sep 3, 2026
Our scenario range runs from $19.80 (bear case) to $26.05 (bull case); at $61.51, 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 150% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 22% fair-value upside, at −62%, 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, family-balanced 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. Every input is real reported data, nothing guessed.
All 9 models by family
Widest divergence: Multiples ($83.40) versus Dividend Discount ($14.23). Highest evidence: EPV (74).
Notify me when MAN reaches fair value
Put MAN on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 80
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
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 % · buybacks/dilution +5.3 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
MAN screens 165% overvalued. Compare with Adecco Group →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- ManpowerGroup Elects John B. Gibson Jr. to Board of Directors
- Here's Why You Should Retain ManpowerGroup Stock in Your Portfolio
- 3 Reasons to Avoid MAN and 1 Stock to Buy Instead
- ManpowerGroup (MAN) Q2 2026 Earnings Call Transcript
Peer Group
Staffing & Employment Services · 80 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
Strength profile in five axes (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.
Similar stocks
10 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Adecco Group ADEN | CHF 24.06 | CHF 24.15 | +0% |
| Korn Ferry, KFY | $83.30 | $114.56 | +38% |
| Robert Half Inc RHI | $43.55 | $20.51 | −53% |
| TriNet Group TNET | $69.61 | $97.07 | +39% |
| Insperity, Inc NSP | $51.40 | $17.34 | −66% |
| FESCO Group 600861 | ¥13.02 | ¥45.46 | +249% |
| Grupa Pracuj S.A GPP | 53.50 PLN | 65.45 PLN | +22% |
| Barrett Business Services, Inc BBSI | $32.95 | $38.11 | +16% |
| Maharah for Human Resources Company 1831 | 4.68 SAR | 6.87 SAR | +47% |
| Kforce Inc KFRC | $57.71 | $31.40 | −46% |
Compare ManpowerGroup Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is ManpowerGroup Inc (MAN) overvalued or undervalued?
What is the fair value of MAN?
What is the quality score of MAN?
What is the revenue of ManpowerGroup Inc (MAN)?
What is the net profit margin of MAN?
Does ManpowerGroup Inc pay a dividend?
Watch ManpowerGroup Inc in the live analysis
One click puts ManpowerGroup Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.