ManpowerGroup (FRA:MPW) EV-to-EBIT: 11.49 (As of Jul. 26, 2026) — 17% Above Median

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FRA:MPW ManpowerGroup Inc FRA:MPW
76 GF Score
Price €43.35
GF Value €58.59
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is ManpowerGroup EV-to-EBIT?

ManpowerGroup FRA:MPW -2.78% 76 EV-to-EBIT is 11.49 as of Jul. 26, 2026, which is 17% above its 10-year median of 9.81. GuruFocus rates FRA:MPW with a GF Score™ of 76/100 and a GF Value™ of €58.59 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 855 Business Services companies, ManpowerGroup ranks worse than 50.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ManpowerGroup's Enterprise Value is €3,188 Mil. ManpowerGroup's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €278 Mil. Therefore, ManpowerGroup's EV-to-EBIT for today is 11.49.

The historical rank and industry rank for ManpowerGroup's EV-to-EBIT or its related term are showing as below:

FRA:MPW' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.87   Med: 9.81   Max: 30.93
Current: 11.24

During the past 13 years, the highest EV-to-EBIT of ManpowerGroup was 30.93. The lowest was 4.87. And the median was 9.81.

FRA:MPW's EV-to-EBIT is ranked worse than
50.18% of 855 companies
in the Business Services industry
Industry Median: 11.22 vs FRA:MPW: 11.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ManpowerGroup's Enterprise Value for the quarter that ended in Jun. 2026 was €2,527 Mil. ManpowerGroup's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €278 Mil. ManpowerGroup's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.98%.


ManpowerGroup  (FRA:MPW) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ManpowerGroup's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=277.511/2526.9044
=10.98 %

ManpowerGroup's Enterprise Value for the quarter that ended in Jun. 2026 was €2,527 Mil.
ManpowerGroup's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €278 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ManpowerGroup EV-to-EBIT Related Terms


ManpowerGroup EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ManpowerGroup's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ManpowerGroup EV-to-EBIT Chart

ManpowerGroup Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 8.00 16.12 10.15 13.74

ManpowerGroup Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.57 18.23 13.74 14.08 8.71

FRA:MPW vs NSP, TNET, BBSI: EV-to-EBIT Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ManpowerGroup EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ManpowerGroup's EV-to-EBIT falls into.


FRA:MPW
76GF Score
ManpowerGroup Inc FRA:MPW
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ManpowerGroup EV-to-EBIT Calculation

ManpowerGroup's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3187.963/277.511
=11.49

ManpowerGroup's current Enterprise Value is €3,188 Mil.
ManpowerGroup's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €278 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 11.49 mean?
ManpowerGroup (FRA:MPW) has a EV-to-EBIT of 11.49 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ManpowerGroup and its competitors. This is 17% above median its historical median of 9.81. Over the past decade, ManpowerGroup's EV-to-EBIT has ranged from 4.87 to 30.93. According to the industry distribution chart, ManpowerGroup ranks #429 out of 855 companies in the Business Services industry, placing it in the top 50.2%.
Is ManpowerGroup's EV-to-EBIT too high?
ManpowerGroup's current EV-to-EBIT of 11.49 is 17% above median its 10-year median of 9.81. Over the past 10 years, this metric has ranged from a low of 4.87 to a high of 30.93. The Business Services industry median EV-to-EBIT is 11.22. ManpowerGroup's value of 11.49 is 2.4% above this industry median. Based on the distribution chart, ManpowerGroup ranks #429 out of 855 companies in the Business Services industry, which is below the industry midpoint. Overall, ManpowerGroup has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup's EV-to-EBIT compare to NSP and TNET?
According to the Business Services industry distribution chart, ManpowerGroup ranks #429 out of 855 companies for EV-to-EBIT. This places ManpowerGroup in the lower half of its industry. The industry median EV-to-EBIT is 11.22. ManpowerGroup's value of 11.49 is 2.4% above this benchmark. Historically, ManpowerGroup's own EV-to-EBIT has ranged from 4.87 to 30.93 over the past decade. While the company's 10-year median is 9.81 vs. the industry median of 11.22, ManpowerGroup has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Business Services company?
The median EV-to-EBIT among Business Services companies is 11.22, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ManpowerGroup's current EV-to-EBIT of 11.49 is 2.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ManpowerGroup and its competitors. For the Business Services industry, the median EV-to-EBIT is 11.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup's current EV-to-EBIT is 11.49, which is 17% above median its own 10-year median of 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup (FRA:MPW) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.59, compared to a current price of €43.35 — trading 26% below its estimated fair value. The current EV-to-EBIT is 11.49, which is 17% above median its 10-year median of 9.81 and 2.4% above the Business Services industry median of 11.22. ManpowerGroup's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ManpowerGroup (FRA:MPW), the current EV-to-EBIT is 11.49 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ManpowerGroup (FRA:MPW) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup stock appears to be undervalued. The current stock price of €43.35 is trading 26% below its estimated GF Value™ of €58.59. GuruFocus considers ManpowerGroup to be Modestly Undervalued.

Key valuation signals for FRA:MPW:

  • EV-to-EBIT: 11.49 (17% above median its 10-year median of 9.81)
  • GF Value™: €58.59 vs. price of €43.35 (26% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 2.4% above the Business Services median (#429 of 855)

No single metric tells the full story. See the FRA:MPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Business Description

Other Exchanges MAN:USA
Address 100 Manpower Place, Milwaukee, WI, USA, 53212
ManpowerGroup Inc provides workforce solutions and services, including recruitment and assessment, upskilling, reskilling, training and development, career management, outsourcing, and workforce consulting. The company leverages its trusted brands, industry knowledge, and AI-enabled assessments and offers an extensive portfolio of training and leadership development solutions. Its reportable segments are Staffing and Interim, Outcome-Based Solutions and Consulting, Permanent Recruitment, and Others, with Staffing and Interim generating the majority of revenue. It operates in the Americas, Southern Europe, Northern Europe, and APME. The company derives the maximum geographical revenue from the Southern European region.
76GF Score

Get the complete analysis for FRA:MPW

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€43.35
Price
€58.59
GF Value