ADP (ADP.PA) Fundamental Analysis & Valuation
EPA:ADP • FR0010340141
107.7 EUR
-1.3 (-1.19%)
Last: Mar 6, 2026, 07:00 PM
This ADP.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 4 out of 10 to ADP. ADP was compared to 12 industry peers in the Transportation Infrastructure industry. ADP has a medium profitability rating, but doesn't score so well on its financial health evaluation. ADP has a correct valuation and a medium growth rate.
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.
- ADP had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years ADP had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 1.88%, ADP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- ADP has a Return On Equity of 8.79%. This is comparable to the rest of the industry: ADP outperforms 50.00% of its industry peers.
- The Return On Invested Capital of ADP (4.64%) is comparable to the rest of the industry.
| Industry Rank | Sector 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
1.3 Margins
- The Profit Margin of ADP (5.70%) is comparable to the rest of the industry.
- ADP's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 19.76%, ADP is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of ADP has declined.
- ADP has a better Gross Margin (85.78%) than 75.00% of its industry peers.
- In the last couple of years the Gross Margin of ADP has remained more or less at the same level.
| Industry Rank | Sector 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%
2. ADP.PA Health Analysis
2.1 Basic Checks
- ADP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
2.2 Solvency
- Based on the Altman-Z score of 1.20, we must say that ADP is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.20, ADP perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
- ADP has a debt to FCF ratio of 28.38. This is a negative value and a sign of low solvency as ADP would need 28.38 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 28.38, ADP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- ADP has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.01, ADP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 28.38 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.7
WACC6.63%
2.3 Liquidity
- ADP has a Current Ratio of 0.89. This is a bad value and indicates that ADP is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.89, ADP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
- A Quick Ratio of 0.86 indicates that ADP may have some problems paying its short term obligations.
- With a Quick ratio value of 0.86, ADP perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
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.
- ADP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.88% yearly.
- ADP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.87%.
- Measured over the past years, ADP shows a very strong growth in Revenue. The Revenue has been growing by 25.69% on average per year.
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 10.02% yearly.
- ADP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.63% yearly.
EPS Next Y21.84%
EPS Next 2Y19.53%
EPS Next 3Y17.89%
EPS Next 5Y10.02%
Revenue Next Year4.42%
Revenue Next 2Y4.61%
Revenue Next 3Y3.67%
Revenue Next 5Y4.63%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. ADP.PA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 19.51, ADP is valued on the expensive side.
- ADP's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.29, ADP is valued a bit cheaper.
- ADP is valuated correctly with a Price/Forward Earnings ratio of 16.01.
- Based on the Price/Forward Earnings ratio, ADP is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, ADP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.51 | ||
| Fwd PE | 16.01 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ADP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- ADP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ADP's earnings are expected to grow with 17.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.89
PEG (5Y)N/A
EPS Next 2Y19.53%
EPS Next 3Y17.89%
5. ADP.PA Dividend Analysis
5.1 Amount
- ADP has a Yearly Dividend Yield of 2.52%.
- Compared to an average industry Dividend Yield of 5.38, ADP is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, ADP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
- On average, the dividend of ADP grows each year by 7.94%, which is quite nice.
Dividend Growth(5Y)7.94%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 77.49% of the earnings are spent on dividend by ADP. This is not a sustainable payout ratio.
- The dividend of ADP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP77.49%
EPS Next 2Y19.53%
EPS Next 3Y17.89%
ADP.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:ADP (3/6/2026, 7:00:00 PM)
107.7
-1.3 (-1.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)04-28 2026-04-28
Inst Owners29.85%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.66B
Revenue(TTM)6.70B
Net Income(TTM)382.00M
Analysts64
Price Target125.14 (16.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend3.82
Dividend Growth(5Y)7.94%
DP77.49%
Div Incr Years1
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)-1.2%
PT rev (3m)-0.95%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.51 | ||
| Fwd PE | 16.01 | ||
| P/S | 1.59 | ||
| P/FCF | 28.57 | ||
| P/OCF | 6.51 | ||
| P/B | 2.45 | ||
| P/tB | 12.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.52
EY5.13%
EPS(NY)6.73
Fwd EY6.24%
FCF(TTM)3.77
FCFY3.5%
OCF(TTM)16.55
OCFY15.37%
SpS67.74
BVpS43.93
TBVpS8.63
PEG (NY)0.89
PEG (5Y)N/A
Graham Number73.86
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC6.63%
ROIC/WACC0.7
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 Y21.84%
EPS Next 2Y19.53%
EPS Next 3Y17.89%
EPS Next 5Y10.02%
Revenue 1Y (TTM)8.87%
Revenue growth 3Y12.66%
Revenue growth 5Y25.69%
Sales Q2Q%8.25%
Revenue Next Year4.42%
Revenue Next 2Y4.61%
Revenue Next 3Y3.67%
Revenue Next 5Y4.63%
EBIT growth 1Y3.03%
EBIT growth 3Y10.8%
EBIT growth 5YN/A
EBIT Next Year92.69%
EBIT Next 3Y29.43%
EBIT Next 5Y19.52%
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 FAQ
Can you provide the ChartMill fundamental rating for ADP?
ChartMill assigns a fundamental rating of 4 / 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.
What is the profitability of ADP stock?
ADP (ADP.PA) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for ADP stock?
The Earnings per Share (EPS) of ADP (ADP.PA) is expected to grow by 21.84% in the next year.
Is the dividend of ADP sustainable?
The dividend rating of ADP (ADP.PA) is 4 / 10 and the dividend payout ratio is 77.49%.