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Also traded in: Argentina, Austria, Chile, Germany, Mexico

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 : 6/10

vs
industry
vs
history
Cash-to-Debt 1.50
ADP's Cash-to-Debt is ranked higher than
52% of the 714 Companies
in the Global Business Services industry.

( Industry Median: 1.25 vs. ADP: 1.50 )
Ranked among companies with meaningful Cash-to-Debt only.
ADP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07  Med: 7.41 Max: N/A
Current: 1.5
Equity-to-Asset 0.09
ADP's Equity-to-Asset is ranked lower than
94% of the 687 Companies
in the Global Business Services industry.

( Industry Median: 0.51 vs. ADP: 0.09 )
Ranked among companies with meaningful Equity-to-Asset only.
ADP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09  Med: 0.26 Max: 0.71
Current: 0.09
0.09
0.71
Interest Coverage 31.45
ADP's Interest Coverage is ranked higher than
56% of the 620 Companies
in the Global Business Services industry.

( Industry Median: 21.00 vs. ADP: 31.45 )
Ranked among companies with meaningful Interest Coverage only.
ADP' s Interest Coverage Range Over the Past 10 Years
Min: 15.87  Med: 192.22 Max: 309.85
Current: 31.45
15.87
309.85
Piotroski F-Score: 7
Altman Z-Score: 1.72
Beneish M-Score: -2.56
WACC vs ROIC
6.87%
49.11%
WACC
ROIC
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 : 8/10

vs
industry
vs
history
Operating Margin % 19.39
ADP's Operating Margin % is ranked higher than
86% of the 703 Companies
in the Global Business Services industry.

( Industry Median: 5.94 vs. ADP: 19.39 )
Ranked among companies with meaningful Operating Margin % only.
ADP' s Operating Margin % Range Over the Past 10 Years
Min: 17.21  Med: 18.58 Max: 20.28
Current: 19.39
17.21
20.28
Net Margin % 14.32
ADP's Net Margin % is ranked higher than
85% of the 705 Companies
in the Global Business Services industry.

( Industry Median: 3.85 vs. ADP: 14.32 )
Ranked among companies with meaningful Net Margin % only.
ADP' s Net Margin % Range Over the Past 10 Years
Min: 12.76  Med: 13.83 Max: 15.08
Current: 14.32
12.76
15.08
ROE % 41.35
ADP's ROE % is ranked higher than
93% of the 684 Companies
in the Global Business Services industry.

( Industry Median: 8.54 vs. ADP: 41.35 )
Ranked among companies with meaningful ROE % only.
ADP' s ROE % Range Over the Past 10 Years
Min: 20.41  Med: 23.24 Max: 41.35
Current: 41.35
20.41
41.35
ROA % 4.11
ADP's ROA % is ranked higher than
54% of the 718 Companies
in the Global Business Services industry.

( Industry Median: 3.41 vs. ADP: 4.11 )
Ranked among companies with meaningful ROA % only.
ADP' s ROA % Range Over the Past 10 Years
Min: 3.89  Med: 4.46 Max: 5.43
Current: 4.11
3.89
5.43
ROC (Joel Greenblatt) % 244.25
ADP's ROC (Joel Greenblatt) % is ranked higher than
90% of the 706 Companies
in the Global Business Services industry.

( Industry Median: 22.48 vs. ADP: 244.25 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
ADP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 115.03  Med: 173.46 Max: 258.06
Current: 244.25
115.03
258.06
3-Year Revenue Growth Rate 9.40
ADP's 3-Year Revenue Growth Rate is ranked higher than
70% of the 568 Companies
in the Global Business Services industry.

( Industry Median: 4.60 vs. ADP: 9.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
ADP' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -2.2  Med: 9.1 Max: 17
Current: 9.4
-2.2
17
3-Year EBITDA Growth Rate 11.60
ADP's 3-Year EBITDA Growth Rate is ranked higher than
65% of the 503 Companies
in the Global Business Services industry.

( Industry Median: 5.20 vs. ADP: 11.60 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
ADP' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -2.5  Med: 8.5 Max: 15.9
Current: 11.6
-2.5
15.9
3-Year EPS without NRI Growth Rate 12.20
ADP's 3-Year EPS without NRI Growth Rate is ranked higher than
60% of the 455 Companies
in the Global Business Services industry.

( Industry Median: 7.10 vs. ADP: 12.20 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
ADP' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -9  Med: 12.8 Max: 21.8
Current: 12.2
-9
21.8
GuruFocus has detected 4 Warning Signs with Automatic Data Processing Inc $ADP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» ADP's 30-Y Financials

Financials (Next Earnings Date: 2017-08-03 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Business Services » Business Services    NAICS: 561499    SIC: 7389
Compare:NYSE:FIS, NAS:FISV, NAS:PAYX, OTCPK:SDXAY, OTCPK:EXPGY, NAS:INFO, OTCPK:SGSOY, NYSE:FDC, NYSE:EFX, OTCPK:FUJIF, NYSE:GPN, NAS:CTAS, NAS:VRSK, NYSE:NLSN, NYSE:FLT, NYSE:VNTV, OTCPK:BMBLF, NYSE:ZTO, OTCPK:BVRDF, NYSE:ROL » details
Traded in other countries:ADP.Argentina, ADP.Austria, ADP.Chile, ADP.Germany, ADPI.Mexico,
Headquarter Location:USA
Automatic Data Processing Inc is the provider of technology-based outsourcing solutions to employers and vehicle retailers and manufacturers.

ADP competes in the human resources administration services industry. The firm provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. The firm was founded in 1949 and has its headquarters in Roseland, New Jersey. It serves more than 650,000 clients and has 57,000 employees worldwide.

Guru Investment Theses on Automatic Data Processing Inc

A Look at Joel Greenblatt's Investment in Automatic Data Processing - Sep 28, 2015

During the second quarter, Joel Greenblatt (Trades, Portfolio) increased his stake in Automatic Data Processing Inc. (ADP) by 6,692.15% with an impact of 0.34% on his portfolio. He is now the company's fourth-largest shareholder with 524,626 shares, which is 0.11% of the company's outstanding shares.



The company



Automatic Data Processing is a provider of business outsourcing solutions. It offers a range of human resources, 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 services and dealer services.



Last quarter results, outlooks and news



Worldwide new business bookings grew 18% for the quarter, 13% for the year. The outperformance in new business bookings led to short-term pressure on the margins and earnings growth but reflect the success of offerings.



Driven by strength in the human capital management business, total revenues from continuing operations increased by 5% for the quarter and 7% for the year. Diluted earnings per share from continuing operations increased 15% for the quarter and 12% for the year.



ADP regional employment reported growth in all four major regions improved slightly in August, an increase of 190,000 jobs from August to September. Also due to the important contribution that small businesses make to economic growth, ADP small business employment increased by 85,000 jobs from July to August. It has been named a leader by an independent research firm, The Forrester Wave; for the fourth consecutive year, ADP was named a leader in Gartner's Magic Quadrant for payroll BPO services.



For fiscal 2015, ADP expects revenues to grow in the range of 7% to 8% on a year-over-year basis and diluted earnings per share growth of 12% to 14% for fiscal 2016.



New business bookings are expected to rise approximately 10% over $1.4 billion sold in fiscal 2014, compared with the previous outlook of 8%.



Buybacks



During fiscal 2015, ADP returned approximately $2.5 billion in cash to shareholders through dividends and share repurchases.



Financial situation



The company has a financial strength rated 8 out of 10. It has a cash-to-debt ratio of 181.08 that is ranked higher than 72% of the 746 companies in the global business services industry, which has an average ratio of 1.81. The high ratio of cash to debt is confirmed by an even better interest coverage ratio of 309.85. Both ratios are outperforming the company’s competitors and are hitting the best performance in recent history. If we don’t consider the FY 2014, which closed with a cash-to-debt of 1.66, the ratio had a five-year growth rate of 334%, jumping from 41.99 for the FY 2010 to 181.08 of FY 2015.


































Cash-to-debt ratio of last five fiscal years.



2015



2014



2013



2012



2011



2010



181.08



1.66



117.49



93.96



41.69



41.99



10808%



-99%



25%



125%



-1%


 


The company doesn’t have any short-term debt and the above progress is explained with the progressive reduction of long-term debts.


































Long term debt of last five fiscal years. ($ mil)



2015



2014



2013



2012



2011



2010



9



12



15



17



34



40



-25%



-20%



-12%



-50%



-15%


 


Profitability



Both operating and net margins are strong. They are both ranked higher than 81% of other companies in the same industry, and they are 18.41% and 13.28% respectively; even so they are both hitting the lowest level in the recent company’s history.



Net profit margin has been steady in the last five years, with an average ratio of 12.77% and an easy growth rate of 5%.





























































     

2015



2014



2013



2012



2011



2010



Net Profit Margin


   

13.28%



12.42%



12.43%



13.02%



12.69%



13.57%



5-year average



12.77%


             

Year-By-Year increase


   

7%



0%



-5%



3%



-6%


 

5-year growth rate



5%


             


The operating margin is steady as well.





























































     

2015



2014



2013



2012



2011



2010



Operating Margin


   

18.41%



18.21%



17.66%



18.37%



18.47%



19.74%



5-year average



18.22%


             

Year-By-Year increase


   

1%



3%



-4%



-1%



-6%


 

5-year growth rate



0%


             


About returns, ROE of 25.96% is outperforming 86% of the industry and is even at the best levels of recent company history while ROA of 4.13% is at the average level when compared to the industry median of 3.59% and is below the best performance of FY 2009 when it was 5.43%; return on assets during the last five years has been as high as 4.71% and as low as 4.11%, showing a long-lasting steadiness.








































































     

2015



2014



2013



2012



2011



2010



Return on Assets


   

4,46%



4,71%



4,46%



4,27%



4,11%



4,64%



Year-By-Year increase


   

-5%



6%



4%



4%



-11%


 

5-year average ROA



4.40%


             

5-year growth rate



9%


             

5-year compound rate



2%


             


Share price and EPS



The stock is trading at about $80. Year to date, the price has declined by 4% but has risen by 115% over the last five years with a CAGR of 14%. During the last 12 months, it has risen by 11% and is now trading 11.97% below its 52­-week high and 23.55% above its 52­-week low, with a P/E ratio of 26.30 and a forward P/E ratio of 24.27.


























































































Stock price



Fiscal year



Highest



Lowest



Average



y-y gr (%)



2010



$ 39.90



$ 29.24



$ 34.57


 

2011



$ 48.35



$ 33.87



$ 41.11



18.92%



2012



$ 49.93



$ 39.31



$ 44.62



8.54%



2013



$ 63.16



$ 47.96



$ 55.56



24.52%



2014



$ 70.87



$ 60.93



$ 65.90



18.61%



2015



$ 90.18



$ 70.15



$ 80.17



21.65%



(below data are calculated with the average price)


 

5-year growth rate


 

95%


 

5-year CAGR


 

14.29%


 

5-year average growth rate



18.45%


 
               


On a five-year basis earnings per share (EPS) has grown by 21%, with an average growth rate of 5% every year and a CAGR of 3.89%.




































































Fiscal year



EPS



y-y gr (%)


 

2010



2.4


   

2011



2.52



5.00%


 

2012



2.82



11.90%


 

2013



2.89



2.48%


 

2014



3.14



8.65%


 

2015



3.05



-2.87%


 

5-year growth rate



21.03%



5-year CAGR



3.89%



5-year average growth rate



5.03%


         


EPS has grown at a lower rate than the price (21% versus 95%) and the current P/E ratio of 26.30 invites an examination of this big difference in these growth rates.



















































Fiscal year



P/E (ttm) Av.



y-y gr (%)



2010



14.40


 

2011



16.31



13.26%



2012



15.82



-3.01%



2013



19.22



21.50%



2014



20.99



9.17%



2015



26.28



25.24%


     

5-year average P/E ratio



19.73




Since 2011 the stock has an average P/E ratio of 19.73 jumping from the lowest level of 15.82 to the highest of 26.28 reached at the end of the fiscal year 2015 and at the current price of $80, the stock is overpriced by 33% since its real price shoud be about $60. The stock needs a drop of about 25% to be fairly valued based on current earnings.























































































   

2015



2014



2013



2012



2011



2010



Price at P/E ratio of 19


 

$60.17



$61.94



$57.01



$55.63



$49.71



$47.34



Real Average Price


 

$80.17



$65.90



$55.56



$44.62



$41.11


 
   

33%



6%



-3%



-20%



-17%


 
               

Current price


   

$80.00


       

Distance of current price to 19-P/E


 

-25%


   
                       


According to the current analysts' estimates, the price will be closer to the current $80 just within two years, when thanks to an estimated EPS of 3.73 its fair price should trade at about $73 / $74




























Future price


 

2018



2017



2016



Estimated EPS


 

3.64



3.73



3.28



Price at 19-P/E


 

$71.0



$73.58



$64.70




Dividend yield



The company pays its shareholders an annual yield of 2.44% with a dividend payout ratio of 67%. The yield has a five-year growth rate of 8.20%, has the same growth rate over the last three years and a higher rate of 12.10% over the last 10 years. The company is increasing its dividend since 1985.



Gurus and hedge funds



The main hedge fund holding shares of the company is Bill Nygren (Trades, Portfolio) with 0.93% of outstanding shares, representing 2.06% of his total assets. The second one is First Eagle Investment (Trades, Portfolio) with 0.55% of outstanding shares, and the third is the hedge fund Pioneer Investments (Trades, Portfolio) with 0.14% of outstanding shares.



Conclusions



The company looks overpriced at its current price, and according to the DCF calculator, putting a growth rate of 21% for the next five years (as happened for the last five years), the company is overpriced by 69% and its fair value is $47. The P/E growth rate calculator confirms the company is overpriced but just by 33%.



Check out Joel Greenblatt,Bill Nygren,First Eagle Investment latest stock trades

Top Ranked Articles about Automatic Data Processing Inc

FinancialForce Partners with ADP to Deliver Best-in-Class Human Capital Management Solutions
ADP to Announce Fourth Quarter Fiscal 2017 Financial Results on July 27, 2017
Frost & Sullivan Commends ADP's Success in Delivering a Tightly Integrated Set of Automated HR Solutions to Organizations of All Sizes
ADP Declares Regular Quarterly Dividend
ADP to Announce Third Quarter Fiscal 2017 Financial Results on May 3, 2017

ROSELAND, N.J., March 15, 2017 (GLOBE NEWSWIRE) -- ADP® (NASDAQ:ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the third fiscal quarter ending March 31, 2017 before the opening of the Nasdaq on Wednesday, May 3, 2017.
ADP will also be hosting a conference call at 8:30 a.m. ET on May 3, 2017 to discuss these results.  Carlos Rodriguez, president and chief executive officer, Jan Siegmund, chief financial officer, and Christian Greyenbuhl, vice president of investor relations, will be participating on the call. Investors and interested participants are invited to listen to the conference call and view the accompanying slide presentation via live webcast.  The conference call will be webcast live on ADP’s website at investors.adp.com and will be available for replay following the call.  The slide presentation will be available shortly before the webcast. About ADP (NASDAQ:ADP)
Powerful technology plus a human touch.  Companies of all types and sizes around the world rely on ADP’s cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce.  For more information, visit ADP.com. ADP and the ADP logo are registered trademarks of ADP, LLC.  ADP A more human resource. is a service mark of ADP, LLC.  All other marks are the property of their respective owners. Copyright © 2016 ADP, LLC. All rights reserved. ADP-Investor Relations
Contact:
973.974.5858
[email protected]

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Business Support for the Federal Equality Act Growing

ADP Marks PRIDE Week by Signing On to Human Rights Campaign Coalition

ROSELAND, NJ--(Marketwired - Jun 29, 2016) - As part of the company's celebration of PRIDE week, ADP® has signed on to the Human Rights Campaign's (HRC) coalition of businesses committed to driving passage of the proposed Equality Act. The Act is federal legislation that would provide the same basic protections to LGBT people as are provided to other protected groups under federal law. More than 60 of the largest businesses in the U.S. have joined the campaign. The Equality Act creates clear, consistent protections to prohibit discrimination on the basis of sexual orientation and gender identity in employment ensuring that LGBT employees are hired, fired, and promoted based on their performance. In addition, the bill provides protections from discrimination for LGBT people in housing, credit, and jury service. The bill would also prohibit discrimination in public accommodations and federal funding on the basis of sex, sexual orientation, and gender identity. "Encouraging diversity is a pillar of our talent strategy at ADP and we are committed to giving individuals of all backgrounds the opportunity to bring their unique perspectives and abilities to our company," said ADP President and CEO, Carlos Rodriguez. "Not only is it the right thing, as the HRC says, 'Equality is Good Business.'" ADP has a deep commitment to sustaining its inclusive culture and sponsors a significant amount of programs to promote diversity. Programs include Global Business Resource Groups, Local Engagement & Diversity Committees, and an annual Diversity & Inclusion Summit gathering their executive committee, business leaders and diversity champions from inside and outside the organization. ADP also invests in strategic partnerships that help attract, develop and retain diverse talent. Many of ADP's diversity and inclusion efforts are driven through Business Resource Groups (BRGs). The company raises the profile of BRGs by aligning their activities to broader business initiatives, such as:

Making products LGBT friendly
Increasing the pipeline of women in tech
Hiring more Veterans

"The leadership at ADP is deeply involved in driving our commitment to diversity and delivering real results in how we hire and develop talent," said Jan Siegmund, CFO and executive sponsor of ADP's LGBT PRIDE Business Resource Group. "Our senior executives act as sponsors and mentors with accountability for measurable progress toward ensuring that ADP continues to grow as a company where people of all backgrounds can thrive." To learn more about ADP's commitment to diversity and inclusion, please visit our Corporate Social Responsibility web page. About ADP (NASDAQ: ADP)

Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP's cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com. The ADP logo and ADP are registered trademarks of ADP, LLC. ADP A more human resource. is a service mark of ADP, LLC. All other marks are the property of their respective owners. Copyright © 2016 ADP, LLC. All rights reserved. ADP - Media


Contact

Michael Schneider

ADP, LLC

(973) 868-1000

[email protected]




Read more...

Ratios

vs
industry
vs
history
PE Ratio 26.54
ADP's PE Ratio is ranked lower than
59% of the 545 Companies
in the Global Business Services industry.

( Industry Median: 21.82 vs. ADP: 26.54 )
Ranked among companies with meaningful PE Ratio only.
ADP' s PE Ratio Range Over the Past 10 Years
Min: 11.25  Med: 18.21 Max: 29.96
Current: 26.54
11.25
29.96
Forward PE Ratio 25.38
ADP's Forward PE Ratio is ranked lower than
84% of the 135 Companies
in the Global Business Services industry.

( Industry Median: 17.73 vs. ADP: 25.38 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 26.54
ADP's PE Ratio without NRI is ranked lower than
58% of the 548 Companies
in the Global Business Services industry.

( Industry Median: 21.98 vs. ADP: 26.54 )
Ranked among companies with meaningful PE Ratio without NRI only.
ADP' s PE Ratio without NRI Range Over the Past 10 Years
Min: 11.29  Med: 20.61 Max: 33.77
Current: 26.54
11.29
33.77
Price-to-Owner-Earnings 24.62
ADP's Price-to-Owner-Earnings is ranked lower than
61% of the 363 Companies
in the Global Business Services industry.

( Industry Median: 20.01 vs. ADP: 24.62 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
ADP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.12  Med: 20.82 Max: 34.57
Current: 24.62
11.12
34.57
PB Ratio 11.21
ADP's PB Ratio is ranked lower than
93% of the 670 Companies
in the Global Business Services industry.

( Industry Median: 2.40 vs. ADP: 11.21 )
Ranked among companies with meaningful PB Ratio only.
ADP' s PB Ratio Range Over the Past 10 Years
Min: 2.79  Med: 3.95 Max: 12.21
Current: 11.21
2.79
12.21
PS Ratio 3.80
ADP's PS Ratio is ranked lower than
80% of the 677 Companies
in the Global Business Services industry.

( Industry Median: 1.30 vs. ADP: 3.80 )
Ranked among companies with meaningful PS Ratio only.
ADP' s PS Ratio Range Over the Past 10 Years
Min: 1.66  Med: 2.66 Max: 4.04
Current: 3.8
1.66
4.04
Price-to-Free-Cash-Flow 24.95
ADP's Price-to-Free-Cash-Flow is ranked lower than
58% of the 324 Companies
in the Global Business Services industry.

( Industry Median: 21.12 vs. ADP: 24.95 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
ADP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.24  Med: 19.91 Max: 33.47
Current: 24.95
9.24
33.47
Price-to-Operating-Cash-Flow 20.21
ADP's Price-to-Operating-Cash-Flow is ranked lower than
73% of the 398 Companies
in the Global Business Services industry.

( Industry Median: 13.23 vs. ADP: 20.21 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
ADP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 7.88  Med: 15.58 Max: 26.15
Current: 20.21
7.88
26.15
EV-to-EBIT 16.99
ADP's EV-to-EBIT is ranked lower than
51% of the 550 Companies
in the Global Business Services industry.

( Industry Median: 16.36 vs. ADP: 16.99 )
Ranked among companies with meaningful EV-to-EBIT only.
ADP' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.8  Med: 11.9 Max: 31.1
Current: 16.99
6.8
31.1
EV-to-EBITDA 15.22
ADP's EV-to-EBITDA is ranked lower than
60% of the 585 Companies
in the Global Business Services industry.

( Industry Median: 12.37 vs. ADP: 15.22 )
Ranked among companies with meaningful EV-to-EBITDA only.
ADP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.8  Med: 10.1 Max: 27.2
Current: 15.22
5.8
27.2
PEG Ratio 7.49
ADP's PEG Ratio is ranked lower than
84% of the 259 Companies
in the Global Business Services industry.

( Industry Median: 2.08 vs. ADP: 7.49 )
Ranked among companies with meaningful PEG Ratio only.
ADP' s PEG Ratio Range Over the Past 10 Years
Min: 0.88  Med: 3.8 Max: 65.83
Current: 7.49
0.88
65.83
Shiller PE Ratio 33.36
ADP's Shiller PE Ratio is ranked lower than
60% of the 161 Companies
in the Global Business Services industry.

( Industry Median: 29.39 vs. ADP: 33.36 )
Ranked among companies with meaningful Shiller PE Ratio only.
ADP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.76  Med: 22.77 Max: 34.94
Current: 33.36
14.76
34.94
Current Ratio 1.09
ADP's Current Ratio is ranked lower than
79% of the 702 Companies
in the Global Business Services industry.

( Industry Median: 1.62 vs. ADP: 1.09 )
Ranked among companies with meaningful Current Ratio only.
ADP' s Current Ratio Range Over the Past 10 Years
Min: 0.25  Med: 1.74 Max: 2.65
Current: 1.09
0.25
2.65
Quick Ratio 1.09
ADP's Quick Ratio is ranked lower than
72% of the 702 Companies
in the Global Business Services industry.

( Industry Median: 1.45 vs. ADP: 1.09 )
Ranked among companies with meaningful Quick Ratio only.
ADP' s Quick Ratio Range Over the Past 10 Years
Min: 0.25  Med: 1.7 Max: 2.64
Current: 1.09
0.25
2.64
Days Sales Outstanding 54.14
ADP's Days Sales Outstanding is ranked higher than
57% of the 551 Companies
in the Global Business Services industry.

( Industry Median: 59.57 vs. ADP: 54.14 )
Ranked among companies with meaningful Days Sales Outstanding only.
ADP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.38  Med: 48.3 Max: 58.61
Current: 54.14
42.38
58.61
Days Payable 6.48
ADP's Days Payable is ranked lower than
90% of the 468 Companies
in the Global Business Services industry.

( Industry Median: 39.77 vs. ADP: 6.48 )
Ranked among companies with meaningful Days Payable only.
ADP' s Days Payable Range Over the Past 10 Years
Min: 6.48  Med: 9.88 Max: 13.55
Current: 6.48
6.48
13.55

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.21
ADP's Dividend Yield % is ranked lower than
51% of the 678 Companies
in the Global Business Services industry.

( Industry Median: 2.30 vs. ADP: 2.21 )
Ranked among companies with meaningful Dividend Yield % only.
ADP' s Dividend Yield % Range Over the Past 10 Years
Min: 1.89  Med: 2.74 Max: 4.33
Current: 2.21
1.89
4.33
Dividend Payout Ratio 0.57
ADP's Dividend Payout Ratio is ranked lower than
61% of the 409 Companies
in the Global Business Services industry.

( Industry Median: 0.43 vs. ADP: 0.57 )
Ranked among companies with meaningful Dividend Payout Ratio only.
ADP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.48  Med: 0.57 Max: 0.74
Current: 0.57
0.48
0.74
3-Year Dividend Growth Rate 7.00
ADP's 3-Year Dividend Growth Rate is ranked higher than
50% of the 285 Companies
in the Global Business Services industry.

( Industry Median: 7.00 vs. ADP: 7.00 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
ADP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.5  Med: 15 Max: 22.1
Current: 7
6.5
22.1
Forward Dividend Yield % 2.25
ADP's Forward Dividend Yield % is ranked lower than
56% of the 624 Companies
in the Global Business Services industry.

( Industry Median: 2.54 vs. ADP: 2.25 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 3.25
ADP's 5-Year Yield-on-Cost % is ranked higher than
59% of the 815 Companies
in the Global Business Services industry.

( Industry Median: 1.43 vs. ADP: 3.25 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
ADP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.78  Med: 4.03 Max: 6.36
Current: 3.25
2.78
6.36
3-Year Average Share Buyback Ratio 1.90
ADP's 3-Year Average Share Buyback Ratio is ranked higher than
90% of the 423 Companies
in the Global Business Services industry.

( Industry Median: -1.50 vs. ADP: 1.90 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ADP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -2.7  Med: 1.2 Max: 4.2
Current: 1.9
-2.7
4.2

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 25.80
ADP's Price-to-Tangible-Book is ranked lower than
94% of the 529 Companies
in the Global Business Services industry.

( Industry Median: 2.90 vs. ADP: 25.80 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
ADP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.13  Med: 7.96 Max: 28.66
Current: 25.8
3.13
28.66
Price-to-Intrinsic-Value-Projected-FCF 2.07
ADP's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
65% of the 366 Companies
in the Global Business Services industry.

( Industry Median: 1.54 vs. ADP: 2.07 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
ADP' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.89  Med: 1.37 Max: 3.29
Current: 2.07
0.89
3.29
Price-to-Intrinsic-Value-DCF (Earnings Based) 2.36
ADP's Price-to-Intrinsic-Value-DCF (Earnings Based) is ranked lower than
69% of the 51 Companies
in the Global Business Services industry.

( Industry Median: 1.75 vs. ADP: 2.36 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
N/A
Price-to-Median-PS-Value 1.43
ADP's Price-to-Median-PS-Value is ranked lower than
66% of the 604 Companies
in the Global Business Services industry.

( Industry Median: 1.18 vs. ADP: 1.43 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
ADP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.49  Med: 0.98 Max: 2.1
Current: 1.43
0.49
2.1
Price-to-Peter-Lynch-Fair-Value 4.14
ADP's Price-to-Peter-Lynch-Fair-Value is ranked lower than
90% of the 173 Companies
in the Global Business Services industry.

( Industry Median: 1.63 vs. ADP: 4.14 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
ADP' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.68  Med: 2.12 Max: 5.06
Current: 4.14
0.68
5.06
Price-to-Graham-Number 5.52
ADP's Price-to-Graham-Number is ranked lower than
89% of the 394 Companies
in the Global Business Services industry.

( Industry Median: 1.72 vs. ADP: 5.52 )
Ranked among companies with meaningful Price-to-Graham-Number only.
ADP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.28  Med: 2.72 Max: 5.92
Current: 5.52
1.28
5.92
Earnings Yield (Greenblatt) % 5.89
ADP's Earnings Yield (Greenblatt) % is ranked higher than
61% of the 717 Companies
in the Global Business Services industry.

( Industry Median: 4.77 vs. ADP: 5.89 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
ADP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 3.2  Med: 8.4 Max: 14.7
Current: 5.89
3.2
14.7
Forward Rate of Return (Yacktman) % 9.69
ADP's Forward Rate of Return (Yacktman) % is ranked lower than
53% of the 376 Companies
in the Global Business Services industry.

( Industry Median: 10.52 vs. ADP: 9.69 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
ADP' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 2.2  Med: 9 Max: 22.2
Current: 9.69
2.2
22.2

More Statistics

Revenue (TTM) (Mil) $12,213.30
EPS (TTM) $ 3.87
Beta0.80
Short Percentage of Float2.02%
52-Week Range $85.23 - 105.68
Shares Outstanding (Mil)447.41

Analyst Estimate

Jun17 Jun18 Jun19
Revenue (Mil $) 12,351 12,998 13,746
EPS ($) 3.66 4.00 4.38
EPS without NRI ($) 3.66 4.00 4.38
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 2.22 2.37 2.47
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