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71.05 (1y: +34%)
Market Cap 33.99 B P/E(ttm) 24.20
Enterprise Value 32.78 B P/B
ADP- NAS (USA)
Automatic Data Processing
  • Currently 5/5
Business Predictability Rank: 5-Star
Back Testing Results:
Average gain of all 5-Star stocks: 12.1% per year.
% of Stocks that are in still loss if held for 10yrs: 3%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$71.05
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt No Debt
ADP's Cash to Debt is ranked lower than
59% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 6.30 vs. ADP: No Debt )
ADP' s 10-Year Cash to Debt Range
Min: 2.97   Max: No Debt
Current: No Debt
Interest Coverage No Debt
ADP's Interest Coverage is ranked higher than
67% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 61.10 vs. ADP: No Debt )
ADP' s 10-Year Interest Coverage Range
Min: 54   Max: No Debt
Current: No Debt
F-Score: 7
Z-Score: 1.65
M-Score: -2.15
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 18.10
ADP's Operating margin (%) is ranked higher than
79% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 6.70 vs. ADP: 18.10 )
ADP' s 10-Year Operating margin (%) Range
Min: 16.6   Max: 23.9
Current: 18.1
16.6
23.9
Net-margin (%) 12.8
ADP's Net-margin (%) is ranked higher than
78% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 4.40 vs. ADP: 12.8 )
ADP' s 10-Year Net-margin (%) Range
Min: 12.1   Max: 17.5
Current: 12.8
12.1
17.5
Revenue Growth (%) 6
ADP's Revenue Growth (%) is ranked higher than
82% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 3.10 vs. ADP: 6 )
ADP' s 10-Year Revenue Growth (%) Range
Min: 1.9   Max: 6.7
Current: 6
1.9
6.7
EBITDA Growth (%) 3.5
ADP's EBITDA Growth (%) is ranked higher than
84% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 0.30 vs. ADP: 3.5 )
ADP' s 10-Year EBITDA Growth (%) Range
Min: 1.1   Max: 10.7
Current: 3.5
1.1
10.7
EPS Growth (%) 4.6
ADP's EPS Growth (%) is ranked higher than
82% of the 429 Companies
in the Global Business Services industry.

( Industry Median: -1.30 vs. ADP: 4.6 )
ADP' s 10-Year EPS Growth (%) Range
Min: -0.5   Max: 12.4
Current: 4.6
-0.5
12.4
» ADP's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ADP Guru Trades in Q2 2012

Manning & Napier Advisors, Inc 65,391 sh (+78.26%)
Jean-Marie Eveillard 3,260,676 sh (+0.74%)
Tom Russo 1,100 sh (unchged)
Ruane Cunniff 6,211 sh (unchged)
Bill Nygren 1,375,000 sh (unchged)
Chuck Royce Sold Out
Ray Dalio Sold Out
Paul Tudor Jones Sold Out
Tom Gayner 518,600 sh (-0.12%)
Tweedy Browne 180,639 sh (-0.15%)
Bill Frels 5,000 sh (-2.59%)
Chris Davis 152,063 sh (-5.4%)
Pioneer Investments 1,767,990 sh (-5.9%)
Jeff Auxier 34,576 sh (-8.35%)
Scott Black 24,329 sh (-17.19%)
Jeremy Grantham 522,085 sh (-22.78%)
Jim Simons 319,200 sh (-40.33%)
Mark Hillman 5,459 sh (-46.68%)
Charles de Vaulx 504,617 sh (-52.56%)
Steven Cohen 10,649 sh (-66.61%)
» More
Q3 2012

ADP Guru Trades in Q3 2012

Manning & Napier Advisors, Inc 70,193 sh (+7.34%)
Jean-Marie Eveillard 3,262,376 sh (+0.05%)
Tom Russo 1,100 sh (unchged)
Bill Nygren 1,375,000 sh (unchged)
Steven Cohen Sold Out
Tom Gayner 518,400 sh (-0.04%)
Scott Black 24,189 sh (-0.58%)
Ruane Cunniff 6,011 sh (-3.22%)
Chris Davis 146,471 sh (-3.68%)
Jeremy Grantham 496,985 sh (-4.81%)
Bill Frels 4,700 sh (-6%)
Pioneer Investments 1,593,670 sh (-9.86%)
Mark Hillman 4,855 sh (-11.06%)
Tweedy Browne 141,914 sh (-21.44%)
Charles de Vaulx 376,634 sh (-25.36%)
Jeff Auxier 20,626 sh (-40.35%)
Jim Simons 125,800 sh (-60.59%)
» More
Q4 2012

ADP Guru Trades in Q4 2012

Steven Cohen 17,115 sh (New)
Bill Nygren 1,430,000 sh (+4%)
Jean-Marie Eveillard 3,289,676 sh (+0.84%)
Manning & Napier Advisors, Inc 70,708 sh (+0.73%)
Mark Hillman 4,864 sh (+0.19%)
Tweedy Browne 141,914 sh (unchged)
Ruane Cunniff 6,011 sh (unchged)
Jeremy Grantham 536,512 sh (unchged)
Bill Frels 4,700 sh (unchged)
Tom Russo 1,100 sh (unchged)
Charles de Vaulx Sold Out
Jim Simons Sold Out
Tom Gayner 515,700 sh (-0.52%)
Jeff Auxier 20,276 sh (-1.7%)
Scott Black 23,729 sh (-1.9%)
Chris Davis 135,505 sh (-7.49%)
Pioneer Investments 1,405,478 sh (-11.81%)
» More
Q1 2013

ADP Guru Trades in Q1 2013

Bill Frels 5,000 sh (+6.38%)
Manning & Napier Advisors, Inc 74,409 sh (+5.23%)
Jeremy Grantham 563,912 sh (+5.11%)
Tom Gayner 523,900 sh (+1.59%)
Jean-Marie Eveillard 3,301,276 sh (+0.35%)
Ruane Cunniff 6,011 sh (unchged)
Tom Russo 1,100 sh (unchged)
Tweedy Browne 141,914 sh (unchged)
Mark Hillman Sold Out
Pioneer Investments 1,389,808 sh (-1.11%)
Chris Davis 127,260 sh (-6.08%)
Jeff Auxier 17,526 sh (-13.56%)
Steven Cohen 12,865 sh (-24.83%)
» More
» Details

Insider Trades

Latest Guru Trades with ADP

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Tweedy Browne 2012-09-30 Reduce -21.44%0.08%$55.25 - $59.36 $ 71.0524%141914
Ray Dalio 2012-06-30 Sold Out 0.04%$51.35 - $55.84 $ 71.0532%0
Tweedy Browne 2012-03-31 Reduce -29.21%0.14%$53.79 - $56.92 $ 71.0540%180909
Ray Dalio 2012-03-31 New Buy0.04%$53.79 - $56.92 $ 71.0540%51508
Ruane Cunniff 2012-03-31 Add 33.54%$53.79 - $56.92 $ 71.0540%6211
Arnold Van Den Berg 2011-12-31 Sold Out 3.03%$46.47 - $54.44 $ 71.0539%0
Mario Gabelli 2011-03-31 Sold Out $46.28 - $51.15 $ 71.0544%0
George Soros 2011-03-31 Sold Out $46.28 - $51.15 $ 71.0544%0
George Soros 2010-12-31 Reduce -46.67%0.01%$41.75 - $46.91 $ 71.0558%8800
Ruane Cunniff 2010-12-31 New Buy$41.75 - $46.91 $ 71.0558%4651
Tweedy Browne 2010-09-30 Add 83.24%0.19%$38.61 - $42.64 $ 71.0574%278974
Mario Gabelli 2010-09-30 Add 105%0.01%$38.61 - $42.64 $ 71.0574%41000
George Soros 2010-09-30 Add 87.5%$38.61 - $42.64 $ 71.0574%16500
Tweedy Browne 2010-06-30 Add 290.73%0.19%$39.91 - $45.48 $ 71.0567%152249
Tom Gayner 2010-06-30 Add 9.94%0.1%$39.91 - $45.48 $ 71.0567%408100
Ruane Cunniff 2010-06-30 Sold Out $39.91 - $45.48 $ 71.0567%0
Dodge & Cox 2010-06-30 Sold Out $39.91 - $45.48 $ 71.0567%0
Tom Gayner 2010-03-31 Add 17.39%0.15%$40.28 - $44.91 $ 71.0568%371200
Tweedy Browne 2010-03-31 New Buy0.07%$40.28 - $44.91 $ 71.0568%38965
Meridian Funds 2010-03-31 Sold Out 0.02%$40.28 - $44.91 $ 71.0568%0
Dodge & Cox 2010-03-31 New Buy$40.28 - $44.91 $ 71.0568%5220
George Soros 2010-03-31 Add 87.5%$40.28 - $44.91 $ 71.0568%10500
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Automatic Data Processing

A Month of Silence Leaves a Lot to Discuss...
June 11, 2012
GuruFocus readers – it’s been a while! Over the past month I’ve been busy with work and haven’t been able to add my two cents in what has been a volatile and interesting (read: scary) period for many market participants. While I plan on getting back on my normal writing schedule in the coming days, I figured I would start off with something simple: Here’s a quick list of what I’m seeing in the markets in addition to a quick summary of recent developments for some of the companies I’ve previously discussed. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 24.20
ADP's P/E(ttm) is ranked higher than
69% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 20.30 vs. ADP: 24.20 )
ADP' s 10-Year P/E(ttm) Range
Min: 12.83   Max: 45.7
Current: 24.2
12.83
45.7
P/S 3.10
ADP's P/S is ranked lower than
76% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 1.00 vs. ADP: 3.10 )
ADP' s 10-Year P/S Range
Min: 1.89   Max: 6.58
Current: 3.1
1.89
6.58
PFCF 28.00
ADP's PFCF is ranked lower than
61% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 14.07 vs. ADP: 28.00 )
ADP' s 10-Year PFCF Range
Min: 10.46   Max: 43.42
Current: 28
10.46
43.42
EV-to-EBIT 16.1
ADP's EV-to-EBIT is ranked higher than
97% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 13.30 vs. ADP: 16.1 )
ADP' s 10-Year EV-to-EBIT Range
Min: 8.3   Max: 40.5
Current: 16.1
8.3
40.5
PEG 6.4
ADP's PEG is ranked higher than
91% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 1.80 vs. ADP: 6.4 )
ADP' s 10-Year PEG Range
Min: 1.35   Max: 9.32
Current: 6.4
1.35
9.32
Shiller P/E 26
ADP's Shiller P/E is ranked higher than
89% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 21.70 vs. ADP: 26 )
ADP' s 10-Year Shiller P/E Range
Min: 14.5   Max: 38.59
Current: 26
14.5
38.59

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.34
ADP's Dividend Yield is ranked higher than
79% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 2.21 vs. ADP: 2.34 )
ADP' s 10-Year Dividend Yield Range
Min: 0.57   Max: 3.79
Current: 2.34
0.57
3.79
Dividend Payout 0.5777
ADP's Dividend Payout is ranked higher than
85% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 0.71 vs. ADP: 0.5777 )
ADP' s 10-Year Dividend Payout Range
Min: 0.26   Max: 0.56
Current: 0.58
0.26
0.56
Dividend growth (3y) 4.7
ADP's Dividend growth (3y) is ranked higher than
94% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 3.60 vs. ADP: 4.7 )
ADP' s 10-Year Dividend growth (3y) Range
Min: 4.7   Max: 16.1
Current: 4.7
4.7
16.1
Yield on cost (5-Year) 3.12
ADP's Yield on cost (5-Year) is ranked higher than
90% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 2.45 vs. ADP: 3.12 )
ADP' s 10-Year Yield on cost (5-Year) Range
Min: 0.77   Max: 5.14
Current: 3.12
0.77
5.14
Share Buyback Rate 0.7
ADP's Share Buyback Rate is ranked higher than
88% of the 429 Companies
in the Global Business Services industry.

( Industry Median: -0.80 vs. ADP: 0.7 )
ADP' s 10-Year Share Buyback Rate Range
Min: 3.4   Max: 0.7
Current: 0.7

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 1.7
ADP's Price/DCF (Projected) is ranked higher than
91% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 1.15 vs. ADP: 1.7 )
ADP' s 10-Year Price/DCF (Projected) Range
Min: 1   Max: 1.6
Current: 1.7
1
1.6
Price/Median PS Value 1.1
ADP's Price/Median PS Value is ranked higher than
79% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 0.90 vs. ADP: 1.1 )
ADP' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.9
Current: 1.1
0.7
1.9
Earnings Yield (Greenblatt) 6.20
ADP's Earnings Yield (Greenblatt) is ranked higher than
98% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 7.70 vs. ADP: 6.20 )
ADP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.5   Max: 12.1
Current: 6.2
2.5
12.1
Forward Rate of Return (Yacktman) 5.72
ADP's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 429 Companies
in the Global Business Services industry.

( Industry Median: 7.50 vs. ADP: 5.72 )
ADP' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 6.3   Max: 18
Current: 5.72
6.3
18

Business Description

Automatic Data Processing, Inc., incorporated in Delaware in 1961. It is the providers of business outsourcing solutions. It offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. The Company is also a provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle ('RV') and heavy equipment retailers and manufacturers. The Company's reportable segments are: Employer Services, Professional Employer Organization ('PEO') Services, and Dealer Services. Employer Services offers a comprehensive range of HR information, payroll processing, time and labor management, and tax and benefits administration solutions and services, including traditional and Web-based outsourcing solutions, that assist employers in the United States, Canada, Europe, South America (primarily Brazil), Australia, and Asia to recruit, staff, manage, pay and retain their employees. PEO Services provides approximately 6,500 small and medium sized businesses with comprehensive employment administration outsourcing solutions through a co-employment relationship, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage and other supplemental benefits for employees. Dealer Services provides integrated dealer management systems (such a system is also known in the industry as a 'DMS'), digital marketing solutions, including website, sales leads, email, search, display and social media marketing services and other business management solutions to auto, truck, motorcycle, marine, RV and heavy equipment retailers and manufacturers in North America, Europe, South Africa, the Middle East, and the Asia Pacific region. Employer Services and PEO Services compete with other independent business outsourcing companies, companies providing enterprise resource planning services, software companies and financial institutions. Dealer Services' competitors include full service DMS providers such as The Reynolds & Reynolds Company (Dealer Services' largest DMS competitor in the United States and Canada), DealerTrack, Inc., and companies providing applications and services that compete with Dealer Services' non-DMS applications and services, such as Auto Trader Group, Inc. and Dealer.com, Inc. Portions of the Company's business are subject to governmental regulations.
Company Website
SEC Reports
Industry: Business Services
Compare:G, ENV, CMPGY, SGSOY, EXPGY
Traded in other countries:ADP.Germany
» More Articles for ADP

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