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22.7 (1y: +49%)
Market Cap 913.7 M P/E(ttm) 29.30
Enterprise Value 856.38 M P/B 2.70
TBI- NYSE (USA)
Trueblue, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$22.70
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
TBI's Cash to Debt is ranked higher than
60% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 174.47 vs. TBI: No Debt )
TBI' s 10-Year Cash to Debt Range
Min: 1.19   Max: No Debt
Current: No Debt
Equity to Asset 0.447
TBI's Equity to Asset is ranked higher than
55% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 0.38 vs. TBI: 0.447 )
TBI' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.64
Current: 0.45
0.32
0.64
Interest Coverage No Debt
TBI's Interest Coverage is ranked higher than
71% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 790.35 vs. TBI: No Debt )
TBI' s 10-Year Interest Coverage Range
Min: 7   Max: No Debt
Current: No Debt
F-Score: 7
Z-Score: 5.24
M-Score: -2.02
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 6/10

vs
industry		 vs
history
Operating margin (%) 3.80
TBI's Operating margin (%) is ranked higher than
59% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 4.80 vs. TBI: 3.80 )
TBI' s 10-Year Operating margin (%) Range
Min: 0.2   Max: 7.7
Current: 3.8
0.2
7.7
Net-margin (%) 2.4
TBI's Net-margin (%) is ranked higher than
59% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 2.35 vs. TBI: 2.4 )
TBI' s 10-Year Net-margin (%) Range
Min: -0.3   Max: 5.7
Current: 2.4
-0.3
5.7
ROE (%) 10.1
TBI's ROE (%) is ranked higher than
68% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 11.20 vs. TBI: 10.1 )
TBI' s 10-Year ROE (%) Range
Min: -1.5   Max: 23.3
Current: 10.1
-1.5
23.3
ROA (%) 5.6
TBI's ROA (%) is ranked higher than
70% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 5.60 vs. TBI: 5.6 )
TBI' s 10-Year ROA (%) Range
Min: -0.8   Max: 13.2
Current: 5.6
-0.8
13.2
ROC (Joel Greenblatt) (%) 40.10
TBI's ROC (Joel Greenblatt) (%) is ranked higher than
68% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 51.80 vs. TBI: 40.10 )
TBI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.6   Max: 147.2
Current: 40.1
2.6
147.2
Revenue Growth (%) 10.2
TBI's Revenue Growth (%) is ranked higher than
74% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: -0.55 vs. TBI: 10.2 )
TBI' s 10-Year Revenue Growth (%) Range
Min: -6.6   Max: 10.8
Current: 10.2
-6.6
10.8
EBITDA Growth (%) 28
TBI's EBITDA Growth (%) is ranked higher than
95% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: -0.80 vs. TBI: 28 )
TBI' s 10-Year EBITDA Growth (%) Range
Min: -30.8   Max: 35.6
Current: 28
-30.8
35.6
EPS Growth (%) 43.2
TBI's EPS Growth (%) is ranked lower than
75% of the 73 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 4.10 vs. TBI: 43.2 )
TBI' s 10-Year EPS Growth (%) Range
Min: -39.1   Max: 43.3
Current: 43.2
-39.1
43.3
ยป TBI's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

TBI Guru Trades in Q2 2012

Joel Greenblatt 124,128 sh (New)
Paul Tudor Jones 12,600 sh (New)
Jim Simons 105,700 sh (+54.31%)
Steven Cohen 12,721 sh (+1.98%)
Columbia Wanger 240,000 sh (unchged)
Chuck Royce 4,118,981 sh (-2.95%)
» More
Q3 2012

TBI Guru Trades in Q3 2012

Chuck Royce 4,423,181 sh (+7.39%)
Columbia Wanger 240,000 sh (unchged)
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
Jim Simons Sold Out
Joel Greenblatt 120,925 sh (-2.58%)
» More
Q4 2012

TBI Guru Trades in Q4 2012

Chuck Royce 4,788,081 sh (+8.25%)
Columbia Wanger Sold Out
Joel Greenblatt 45,330 sh (-62.51%)
» More
Q1 2013

TBI Guru Trades in Q1 2013

Jim Simons 108,900 sh (New)
Steven Cohen 21,273 sh (New)
Joel Greenblatt Sold Out
Chuck Royce 2,846,981 sh (-40.54%)
» More
» Details

Insider Trades

Latest Guru Trades with TBI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.04%$15.75 - $21.28 $ 23.2524%0
Joel Greenblatt 2012-12-31 Reduce -62.51%0.08%$12.89 - $16.21 $ 23.2558%45330
Joel Greenblatt 2012-12-31 Reduce -62.51%0.08%$12.89 - $16.21 $ 23.2558%45330
Joel Greenblatt 2012-06-30 New Buy0.14%$13.93 - $18.09 $ 23.2547%124128
Joel Greenblatt 2012-03-31 Sold Out 0.09%$14.37 - $17.99 $ 23.2549%0
Joel Greenblatt 2011-12-31 New Buy0.09%$10.54 - $14.305 $ 23.2583%52455
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 29.30
TBI's P/E(ttm) is ranked lower than
1176469% of the 85 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 19.20 vs. TBI: 29.30 )
TBI' s 10-Year P/E(ttm) Range
Min: 4.99   Max: 84.15
Current: 29.3
4.99
84.15
P/B 2.70
TBI's P/B is ranked lower than
1010100% of the 99 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 1.80 vs. TBI: 2.70 )
TBI' s 10-Year P/B Range
Min: 0.88   Max: 5.02
Current: 2.7
0.88
5.02
P/S 0.60
TBI's P/S is ranked lower than
1010100% of the 99 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 0.54 vs. TBI: 0.60 )
TBI' s 10-Year P/S Range
Min: 0.12   Max: 1.21
Current: 0.6
0.12
1.21
PFCF 39.80
TBI's PFCF is ranked lower than
1219511% of the 82 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 15.44 vs. TBI: 39.80 )
TBI' s 10-Year PFCF Range
Min: 3.55   Max: 40.8
Current: 39.8
3.55
40.8
EV-to-EBIT 18.9
TBI's EV-to-EBIT is ranked lower than
1111110% of the 90 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 11.97 vs. TBI: 18.9 )
TBI' s 10-Year EV-to-EBIT Range
Min: 2.8   Max: 119.8
Current: 18.9
2.8
119.8
PEG 0.7
TBI's PEG is ranked lower than
3703700% of the 27 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 2.06 vs. TBI: 0.7 )
TBI' s 10-Year PEG Range
Min: 0.23   Max: 46.95
Current: 0.7
0.23
46.95
Shiller P/E 38.4
TBI's Shiller P/E is ranked lower than
100% of the Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: vs. TBI: 38.4 )
TBI' s 10-Year Shiller P/E Range
Min: 5.74   Max: 54.91
Current: 38.4
5.74
54.91

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 7.5
TBI's Price/Net Current Asset Value is ranked lower than
1587300% of the 63 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 4.70 vs. TBI: 7.5 )
TBI' s 10-Year Price/Net Current Asset Value Range
Min: 2.1   Max: 11.5
Current: 7.5
2.1
11.5
Price/Tangible Book 3.5
TBI's Price/Tangible Book is ranked lower than
1249999% of the 80 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 2.90 vs. TBI: 3.5 )
TBI' s 10-Year Price/Tangible Book Range
Min: 1.3   Max: 4.4
Current: 3.5
1.3
4.4
Price/DCF (Projected) 1.4
TBI's Price/DCF (Projected) is ranked lower than
2380950% of the 42 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 1.00 vs. TBI: 1.4 )
TBI' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 2
Current: 1.4
0.4
2
Price/Median PS Value 1.3
TBI's Price/Median PS Value is ranked lower than
1030927% of the 97 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 1.10 vs. TBI: 1.3 )
TBI' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.8
Current: 1.3
0.3
1.8
Price/Graham Number 2.1
TBI's Price/Graham Number is ranked lower than
1388888% of the 72 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 1.50 vs. TBI: 2.1 )
TBI' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 3
Current: 2.1
0.9
3
Earnings Yield (Greenblatt) 5.30
TBI's Earnings Yield (Greenblatt) is ranked lower than
1098900% of the 91 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 8.40 vs. TBI: 5.30 )
TBI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.8   Max: 36.2
Current: 5.3
0.8
36.2
Forward Rate of Return (Yacktman) 3.51
TBI's Forward Rate of Return (Yacktman) is ranked lower than
2325579% of the 43 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 8.01 vs. TBI: 3.51 )
TBI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -6.7   Max: 48
Current: 3.51
-6.7
48

Business Description

TrueBlue, Inc. began operations in 1989, under the name Labor Ready, Inc., providing on-demand, general labor staffing services. Starting in 2004, it began acquiring additional brands to increase its ability to serve the customers of the blue-collar staffing market. Effective December 18, 2007, Labor Ready, Inc. changed its name to TrueBlue, Inc. The name change reflects the Company's vision to be a provider of blue-collar staffing with multiple brands serving the temporary staffing industry. Its former company name Labor Ready remains as its main brand name for on-demand, general labor staffing services. The Company is a provider of temporary blue-collar staffing. In 2011, the Company connected approximately 325,000 people to work through the following blue-collar staffing brands: Labor Ready for general labor, Spartan Staffing for light industrial services, CLP Resources for skilled trades, PlaneTechs for aviation and diesel mechanics and technicians, and Centerline Drivers for dedicated and temporary drivers. Labor Ready provides on-demand general labor. Positions tend to be project-based and are filled quickly through a nationwide network of local community branches. Workers are paid at the end of every day. Spartan Staffing places employees with specialized skills into manufacturing and logistics companies. Employees' skills are carefully matched to jobs for a customized workforce solution. This enables the customers to obtain immediate value by placing a productive and skilled employee on the job site. On-site management of personnel ensures full-service staffing on large accounts. CLP provides skilled trades' people to commercial, industrial and residential building contractors and building and plant maintenance. CLP verifies employee skills and matches them to specific customer needs. This enables its customers to obtain immediate value by placing a highly productive and skilled employee on the job site. PlaneTechs provides highly-skilled mechanics and technicians to the aviation maintenance, repair and overhaul, and aerospace manufacturing and assembly industries. It also provides mechanics to other transportation industries. In-depth screening verifies aviation certification and specialized skills. Centralized recruiting and dispatch provides efficient and cost-effective solutions for customers across the country. Centerline specializes in providing temporary and dedicated drivers to the transportation and distribution industries. TrueBlue competes with several multi-national full-service companies, specialized temporary staffing companies, as well as local companies. The Company is subject to a number of federal, state and local laws and regulations regulating its industry.
Company Website
SEC Reports
Industry: Staffing & Outsourcing Services
Compare:PAYX, AHEXY, RANJY, TMH, HAYPY
ยป More Articles for TBI

Headlines

Articles On GuruFocus.com
TRUEBLUE INC COM (TBI) President and CEO Steven C Cooper sells 40,000 Shares Apr 28 2010 
TRUEBLUE INC COM (TBI) Executive VP and CFO Derrek Lane Gafford sells 5,000 Shares Apr 23 2010 
TRUEBLUE INC COM (TBI) Executive VP and CFO Derrek Lane Gafford sells 4,700 Shares Mar 11 2010 
TRUEBLUE INC COM (TBI) President and CEO Steven C Cooper sells 20,000 Shares Nov 12 2009 
TRUEBLUE INC COM (TBI) Executive VP and CFO Derrek Lane Gafford sells 5,000 Shares Oct 28 2009 
Wallace Weitz Buys Martin Marietta Materials Inc., TrueBlue Inc, Leap Wireless International Inc., S Feb 05 2008 

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