Adcorp Holdings (JSE:ADR) Enterprise Value: R616 Mil (As of Jul. 01, 2026) ***


JSE:ADR Adcorp Holdings Ltd JSE:ADR
62 GF Score
Price R6.60
GF Value R4.60
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Adcorp Holdings Enterprise Value?

Adcorp Holdings JSE:ADR +3.12% 62 Enterprise Value is R616 Mil as of Jul. 01, 2026. GuruFocus rates JSE:ADR with a GF Score™ of 62/100 and a GF Value™ of R4.60 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adcorp Holdings's Enterprise Value is R616 Mil. Adcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R194 Mil. Therefore, Adcorp Holdings's EV-to-EBIT ratio for today is 3.18.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Adcorp Holdings's Enterprise Value is R616 Mil. Adcorp Holdings's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R263 Mil. Therefore, Adcorp Holdings's EV-to-EBITDA ratio for today is 2.34.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Adcorp Holdings's Enterprise Value is R616 Mil. Adcorp Holdings's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R12,458 Mil. Therefore, Adcorp Holdings's EV-to-Revenue ratio for today is 0.05.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Adcorp Holdings's Enterprise Value is R616 Mil. Adcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R34 Mil. Therefore, Adcorp Holdings's EV-to-OCF ratio for today is 18.15.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Adcorp Holdings's Enterprise Value is R616 Mil. Adcorp Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R29 Mil. Therefore, Adcorp Holdings's EV-to-FCF ratio for today is 21.06.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Adcorp Holdings  (JSE:ADR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Adcorp Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=616.402/193.725
=3.18

Adcorp Holdings's current Enterprise Value is R616 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R194 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Adcorp Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=616.402/263.413
=2.34

Adcorp Holdings's current Enterprise Value is R616 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adcorp Holdings's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R263 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Adcorp Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=616.402/12458.013
=0.05

Adcorp Holdings's current Enterprise Value is R616 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adcorp Holdings's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R12,458 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Adcorp Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=616.402/33.968
=18.15

Adcorp Holdings's current Enterprise Value is R616 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R34 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Adcorp Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=616.402/29.272
=21.06

Adcorp Holdings's current Enterprise Value is R616 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adcorp Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R29 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.


Adcorp Holdings Enterprise Value Related Terms


Adcorp Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Adcorp Holdings's Enterprise Value 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.

Adcorp Holdings Enterprise Value Chart

Adcorp Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 773.57 552.63 638.80 339.92 595.81

Adcorp Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Enterprise Value 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 638.80 570.63 339.92 795.31 595.81

JSE:ADR vs KFY, RHI, TNET: Enterprise Value Comparison

For the Staffing & Employment Services subindustry, Adcorp Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Adcorp Holdings Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, Adcorp Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Adcorp Holdings's Enterprise Value falls into.


JSE:ADR
62GF Score
Adcorp Holdings Ltd JSE:ADR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Adcorp Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Adcorp Holdings's Enterprise Value for the fiscal year that ended in Feb. 2026 is calculated as

Adcorp Holdings's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of R616 Mil mean?
Adcorp Holdings (JSE:ADR) has a Enterprise Value of R616 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Adcorp Holdings and its competitors.
Is Adcorp Holdings' Enterprise Value too high?
Adcorp Holdings' current Enterprise Value is R616 Mil. Overall, Adcorp Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adcorp Holdings' Enterprise Value compare to KFY and RHI?
Adcorp Holdings' Enterprise Value of R616 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Business Services company?
A good Enterprise Value depends on the Business Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Adcorp Holdings and its competitors. Adcorp Holdings's current Enterprise Value is R616 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adcorp Holdings (JSE:ADR) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.60, compared to a current price of R6.60 — trading 43.5% above its estimated fair value. The current Enterprise Value is R616 Mil. Adcorp Holdings' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Adcorp Holdings (JSE:ADR), the current Enterprise Value is R616 Mil as of Jul. 01, 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 Adcorp Holdings (JSE:ADR) Overvalued in 2026?

Based on GuruFocus' analysis, Adcorp Holdings stock appears to be overvalued. The current stock price of R6.60 is trading 43.5% above its estimated GF Value™ of R4.60. GuruFocus considers Adcorp Holdings to be Significantly Overvalued.

Key valuation signals for JSE:ADR:

  • Enterprise Value: R616 Mil
  • GF Value™: R4.60 vs. price of R6.60 (43.5% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Adcorp Holdings Business Description

Address 102 Western Service Road, Adcorp Place, Gallo Manor Ext 6, Johannesburg, GT, ZAF, 2191
Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Contingent staffing, Professional Services, Business support. and Contingent staffing Australia. The geographical segments are South Africa and International.
62GF Score

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

R6.60
Price
R4.60
GF Value