ADP (ADP.PA) Fundamental Analysis & Valuation

EPA:ADP • FR0010340141

Current stock price

110.9 EUR
+1.7 (+1.56%)
Last:

This ADP.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. ADP.PA Profitability Analysis

1.1 Basic Checks

  • ADP had positive earnings in the past year.
  • In the past year ADP had a positive cash flow from operations.
  • Of the past 5 years ADP 4 years were profitable.
  • ADP had a positive operating cash flow in each of the past 5 years.
ADP.PA Yearly Net Income VS EBIT VS OCF VS FCFADP.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B 1.5B

1.2 Ratios

  • ADP's Return On Assets of 1.88% is in line compared to the rest of the industry. ADP outperforms 41.67% of its industry peers.
  • The Return On Equity of ADP (8.79%) is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 4.64%, ADP is doing worse than 66.67% of the companies in the same industry.
Industry RankSector Rank
ROA 1.88%
ROE 8.79%
ROIC 4.64%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ADP.PA Yearly ROA, ROE, ROICADP.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30

1.3 Margins

  • ADP has a Profit Margin of 5.70%. This is comparable to the rest of the industry: ADP outperforms 41.67% of its industry peers.
  • ADP's Profit Margin has declined in the last couple of years.
  • The Operating Margin of ADP (19.76%) is comparable to the rest of the industry.
  • ADP's Operating Margin has declined in the last couple of years.
  • ADP's Gross Margin of 85.78% is in line compared to the rest of the industry. ADP outperforms 58.33% of its industry peers.
  • ADP's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 19.76%
PM (TTM) 5.7%
GM 85.78%
OM growth 3Y-1.65%
OM growth 5YN/A
PM growth 3Y-19.7%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y-0.44%
ADP.PA Yearly Profit, Operating, Gross MarginsADP.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. ADP.PA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ADP is destroying value.
  • There is no outstanding debt for ADP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ADP.PA Yearly Shares OutstandingADP.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
ADP.PA Yearly Total Debt VS Total AssetsADP.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • ADP has an Altman-Z score of 1.20. This is a bad value and indicates that ADP is not financially healthy and even has some risk of bankruptcy.
  • ADP's Altman-Z score of 1.20 is on the low side compared to the rest of the industry. ADP is outperformed by 75.00% of its industry peers.
  • The Debt to FCF ratio of ADP is 28.38, which is on the high side as it means it would take ADP, 28.38 years of fcf income to pay off all of its debts.
  • ADP's Debt to FCF ratio of 28.38 is in line compared to the rest of the industry. ADP outperforms 41.67% of its industry peers.
  • A Debt/Equity ratio of 2.01 is on the high side and indicates that ADP has dependencies on debt financing.
  • ADP has a worse Debt to Equity ratio (2.01) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.01
Debt/FCF 28.38
Altman-Z 1.2
ROIC/WACC0.71
WACC6.57%
ADP.PA Yearly LT Debt VS Equity VS FCFADP.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 0.89 indicates that ADP may have some problems paying its short term obligations.
  • ADP has a worse Current ratio (0.89) than 75.00% of its industry peers.
  • A Quick Ratio of 0.86 indicates that ADP may have some problems paying its short term obligations.
  • ADP has a worse Quick ratio (0.86) than 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.89
Quick Ratio 0.86
ADP.PA Yearly Current Assets VS Current LiabilitesADP.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. ADP.PA Growth Analysis

3.1 Past

  • ADP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.00%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 1.88% on average over the past years.
  • ADP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.87%.
  • The Revenue has been growing by 25.69% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)60%
EPS 3Y1.88%
EPS 5YN/A
EPS Q2Q%5000%
Revenue 1Y (TTM)8.87%
Revenue growth 3Y12.66%
Revenue growth 5Y25.69%
Sales Q2Q%8.25%

3.2 Future

  • ADP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.80% yearly.
  • ADP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.70% yearly.
EPS Next Y19.7%
EPS Next 2Y17.49%
EPS Next 3Y14.73%
EPS Next 5Y10.8%
Revenue Next Year3.99%
Revenue Next 2Y4.37%
Revenue Next 3Y4.37%
Revenue Next 5Y4.7%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ADP.PA Yearly Revenue VS EstimatesADP.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
ADP.PA Yearly EPS VS EstimatesADP.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 -5 -10

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Find the best growth stocksShow best growing peers

4

4. ADP.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.09, ADP is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of ADP is on the same level as its industry peers.
  • ADP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.17, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 16.78 indicates a correct valuation of ADP.
  • Based on the Price/Forward Earnings ratio, ADP is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.05, ADP is valued a bit cheaper.
Industry RankSector Rank
PE 20.09
Fwd PE 16.78
ADP.PA Price Earnings VS Forward Price EarningsADP.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ADP's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 29.42
EV/EBITDA N/A
ADP.PA Per share dataADP.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ADP's earnings are expected to grow with 14.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)N/A
EPS Next 2Y17.49%
EPS Next 3Y14.73%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. ADP.PA Dividend Analysis

5.1 Amount

  • ADP has a Yearly Dividend Yield of 2.91%. Purely for dividend investing, there may be better candidates out there.
  • ADP's Dividend Yield is comparable with the industry average which is at 3.64.
  • Compared to an average S&P500 Dividend Yield of 1.89, ADP pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.91%

5.2 History

  • The dividend of ADP is nicely growing with an annual growth rate of 7.94%!
Dividend Growth(5Y)7.94%
Div Incr Years0
Div Non Decr Years1
ADP.PA Yearly Dividends per shareADP.PA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 77.49% of the earnings are spent on dividend by ADP. This is not a sustainable payout ratio.
  • ADP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP77.49%
EPS Next 2Y17.49%
EPS Next 3Y14.73%
ADP.PA Yearly Income VS Free CF VS DividendADP.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M -1B
ADP.PA Dividend Payout.ADP.PA Dividend Payout, showing the Payout Ratio.ADP.PA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

ADP.PA Fundamentals: All Metrics, Ratios and Statistics

ADP

EPA:ADP (4/2/2026, 7:00:00 PM)

110.9

+1.7 (+1.56%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)02-18
Earnings (Next)04-28
Inst Owners29.88%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.97B
Revenue(TTM)6.70B
Net Income(TTM)382.00M
Analysts69.52
Price Target125.68 (13.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.91%
Yearly Dividend3.82
Dividend Growth(5Y)7.94%
DP77.49%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.43%
PT rev (3m)-1.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.34%
Valuation
Industry RankSector Rank
PE 20.09
Fwd PE 16.78
P/S 1.64
P/FCF 29.42
P/OCF 6.7
P/B 2.52
P/tB 12.85
EV/EBITDA N/A
EPS(TTM)5.52
EY4.98%
EPS(NY)6.61
Fwd EY5.96%
FCF(TTM)3.77
FCFY3.4%
OCF(TTM)16.55
OCFY14.93%
SpS67.74
BVpS43.93
TBVpS8.63
PEG (NY)1.02
PEG (5Y)N/A
Graham Number73.86
Profitability
Industry RankSector Rank
ROA 1.88%
ROE 8.79%
ROCE 8.22%
ROIC 4.64%
ROICexc 5.32%
ROICexgc 7.08%
OM 19.76%
PM (TTM) 5.7%
GM 85.78%
FCFM 5.56%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-1.65%
OM growth 5YN/A
PM growth 3Y-19.7%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y-0.44%
F-Score8
Asset Turnover0.33
Health
Industry RankSector Rank
Debt/Equity 2.01
Debt/FCF 28.38
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 18.87%
Interest Coverage 4.49
Cash Conversion N/A
Profit Quality 97.64%
Current Ratio 0.89
Quick Ratio 0.86
Altman-Z 1.2
F-Score8
WACC6.57%
ROIC/WACC0.71
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)18.31%
Cap/Sales(5y)17.74%
Profit Quality(3y)105.48%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)60%
EPS 3Y1.88%
EPS 5YN/A
EPS Q2Q%5000%
EPS Next Y19.7%
EPS Next 2Y17.49%
EPS Next 3Y14.73%
EPS Next 5Y10.8%
Revenue 1Y (TTM)8.87%
Revenue growth 3Y12.66%
Revenue growth 5Y25.69%
Sales Q2Q%8.25%
Revenue Next Year3.99%
Revenue Next 2Y4.37%
Revenue Next 3Y4.37%
Revenue Next 5Y4.7%
EBIT growth 1Y3.03%
EBIT growth 3Y10.8%
EBIT growth 5YN/A
EBIT Next Year93.26%
EBIT Next 3Y29.55%
EBIT Next 5Y19.09%
FCF growth 1Y-14.25%
FCF growth 3Y-24.25%
FCF growth 5YN/A
OCF growth 1Y7.48%
OCF growth 3Y1.79%
OCF growth 5Y40.8%

ADP / ADP.PA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for ADP?

ChartMill assigns a fundamental rating of 3 / 10 to ADP.PA.


What is the valuation status for ADP stock?

ChartMill assigns a valuation rating of 4 / 10 to ADP (ADP.PA). This can be considered as Fairly Valued.


How profitable is ADP (ADP.PA) stock?

ADP (ADP.PA) has a profitability rating of 3 / 10.


What are the PE and PB ratios of ADP (ADP.PA) stock?

The Price/Earnings (PE) ratio for ADP (ADP.PA) is 20.09 and the Price/Book (PB) ratio is 2.52.


How sustainable is the dividend of ADP (ADP.PA) stock?

The dividend rating of ADP (ADP.PA) is 6 / 10 and the dividend payout ratio is 77.49%.