Adecco Group AGHAM:ADIA +7.95%52 Pretax Margin % is 2.00% as of Mar. 2026, which is 23% below its 10-year median of 2.59. GuruFocus rates HAM:ADIA with a GF Score™ of 52/100 and a GF Value™ of €12.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,074 Business Services companies, Adecco Group AG ranks worse than 67.13% on this metric.
The historical rank and industry rank for Adecco Group AG's Pretax Margin % or its related term are showing as below:
HAM:ADIA'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.35 Med: 2.59 Max: 4.59
Current: 1.99
HAM:ADIA's Pretax Margin % is ranked worse than 67.13% of 1074
companies
in the Business Services industry
Industry Median: 5.35
vs HAM:ADIA: 1.99
Adecco Group AG (HAM:ADIA) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Adecco Group AG Pretax Margin % Related Terms
Adecco Group AG Pretax Margin % Historical Data
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The historical data trend for Adecco Group AG's Pretax Margin % 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.
HAM:ADIA vs KFY, RHI, TNET: Pretax Margin % Comparison
For the Staffing & Employment Services subindustry, Adecco Group AG's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Adecco Group AG Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Adecco Group AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Adecco Group AG's Pretax Margin % falls into.
* 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.
Adecco Group AG (HAM:ADIA) has a Pretax Margin % of 2.00% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Adecco Group AG and its competitors. This is 23% below median its historical median of 2.59. Over the past decade, Adecco Group AG's Pretax Margin % has ranged from 0.35 to 4.59. According to the industry distribution chart, Adecco Group AG ranks #721 out of 1074 companies in the Business Services industry, placing it in the top 67.1%.
Is Adecco Group AG's Pretax Margin % too high?
Adecco Group AG's current Pretax Margin % of 2.00% is 23% below median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.59. The Business Services industry median Pretax Margin % is 5.35. Adecco Group AG's value of 2.00% is 62.6% below this industry median. Based on the distribution chart, Adecco Group AG ranks #721 out of 1074 companies in the Business Services industry, which is below the industry midpoint. Overall, Adecco Group AG has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Pretax Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Adecco Group AG ranks #721 out of 1074 companies for Pretax Margin %. This places Adecco Group AG in the lower half of its industry. The industry median Pretax Margin % is 5.35. Adecco Group AG's value of 2.00% is 62.6% below this benchmark. Historically, Adecco Group AG's own Pretax Margin % has ranged from 0.35 to 4.59 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 5.35, Adecco Group AG has consistently been below 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 Pretax Margin % for a Business Services company?
The median Pretax Margin % among Business Services companies is 5.35, based on 1,074 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adecco Group AG's current Pretax Margin % of 2.00% is 62.6% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Adecco Group AG and its competitors. For the Business Services industry, the median Pretax Margin % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adecco Group AG's current Pretax Margin % is 2.00%, which is 23% below median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (HAM:ADIA) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.97, compared to a current price of €8.15 — trading 37.2% below its estimated fair value. The current Pretax Margin % is 2.00%, which is 23% below median its 10-year median of 2.59 and 62.6% below the Business Services industry median of 5.35. Adecco Group AG's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Adecco Group AG (HAM:ADIA), the current Pretax Margin % is 2.00% as of Mar. 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 Adecco Group AG (HAM:ADIA) Overvalued in 2026?
Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued.
The current stock price of €8.15 is trading 37.2% below its estimated GF Value™ of €12.97.
GuruFocus considers Adecco Group AG to be Significantly Undervalued.
Key valuation signals for HAM:ADIA:
Pretax Margin %: 2.00% (23% below median its 10-year median of 2.59)
GF Value™: €12.97 vs. price of €8.15 (37.2% below fair value)
Industry Position: 62.6% below the Business Services median (#721 of 1074)
No single metric tells the full story. See the HAM:ADIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
52GF Score
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