ASGN INC (ASGN)
US00191U1025 - Common Stock
Overall ASGN gets a fundamental rating of 5 out of 10. We evaluated ASGN against 82 industry peers in the IT Services industry. ASGN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ASGN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ASGN was profitable.
ASGN had a positive operating cash flow in the past year.
ASGN had positive earnings in each of the past 5 years.
ASGN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASGN's Return On Assets of 5.34% is fine compared to the rest of the industry. ASGN outperforms 67.90% of its industry peers.
Looking at the Return On Equity, with a value of 10.32%, ASGN is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.62%, ASGN is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASGN is in line with the industry average of 9.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 10.32% | ||
| ROIC | 7.62% |
ROA(3y)8.46%
ROA(5y)7.48%
ROE(3y)15.89%
ROE(5y)14.6%
ROIC(3y)8.84%
ROIC(5y)8.31%
1.3 Margins
ASGN has a better Profit Margin (4.37%) than 61.73% of its industry peers.
ASGN's Profit Margin has been stable in the last couple of years.
ASGN's Operating Margin of 7.49% is fine compared to the rest of the industry. ASGN outperforms 65.43% of its industry peers.
In the last couple of years the Operating Margin of ASGN has remained more or less at the same level.
Looking at the Gross Margin, with a value of 28.71%, ASGN is doing worse than 65.43% of the companies in the same industry.
In the last couple of years the Gross Margin of ASGN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.49% | ||
| PM (TTM) | 4.37% | ||
| GM | 28.71% |
OM growth 3Y0.62%
OM growth 5Y0.1%
PM growth 3Y-4.85%
PM growth 5Y1.22%
GM growth 3Y2.07%
GM growth 5Y-0.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASGN is destroying value.
ASGN has less shares outstanding than it did 1 year ago.
ASGN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASGN has an improved debt to assets ratio.
2.2 Solvency
ASGN has an Altman-Z score of 3.48. This indicates that ASGN is financially healthy and has little risk of bankruptcy at the moment.
ASGN has a Altman-Z score of 3.48. This is comparable to the rest of the industry: ASGN outperforms 59.26% of its industry peers.
The Debt to FCF ratio of ASGN is 2.69, which is a good value as it means it would take ASGN, 2.69 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.69, ASGN is doing good in the industry, outperforming 64.20% of the companies in the same industry.
ASGN has a Debt/Equity ratio of 0.58. This is a neutral value indicating ASGN is somewhat dependend on debt financing.
ASGN has a Debt to Equity ratio of 0.58. This is in the lower half of the industry: ASGN underperforms 60.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.69 | ||
| Altman-Z | 3.48 |
ROIC/WACC0.7
WACC10.89%
2.3 Liquidity
A Current Ratio of 2.25 indicates that ASGN has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.25, ASGN is in the better half of the industry, outperforming 72.84% of the companies in the same industry.
A Quick Ratio of 2.25 indicates that ASGN has no problem at all paying its short term obligations.
ASGN's Quick ratio of 2.25 is fine compared to the rest of the industry. ASGN outperforms 72.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 |
3. Growth
3.1 Past
ASGN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.34%.
The Earnings Per Share has been growing slightly by 6.85% on average over the past years.
ASGN shows a decrease in Revenue. In the last year, the revenue decreased by -7.47%.
Measured over the past years, ASGN shows a small growth in Revenue. The Revenue has been growing by 5.53% on average per year.
EPS 1Y (TTM)-12.34%
EPS 3Y8.09%
EPS 5Y6.85%
EPS Q2Q%-14.88%
Revenue 1Y (TTM)-7.47%
Revenue growth 3Y8.32%
Revenue growth 5Y5.53%
Sales Q2Q%-7.68%
3.2 Future
The Earnings Per Share is expected to grow by 8.41% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.99% on average over the next years.
EPS Next Y-13.74%
EPS Next 2Y-3.8%
EPS Next 3Y3.25%
EPS Next 5Y8.41%
Revenue Next Year-7.13%
Revenue Next 2Y-2.74%
Revenue Next 3Y0.7%
Revenue Next 5Y2.99%
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. Valuation
4.1 Price/Earnings Ratio
ASGN is valuated correctly with a Price/Earnings ratio of 15.46.
Compared to the rest of the industry, the Price/Earnings ratio of ASGN indicates a somewhat cheap valuation: ASGN is cheaper than 77.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.18, ASGN is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.79 indicates a correct valuation of ASGN.
Based on the Price/Forward Earnings ratio, ASGN is valued cheaply inside the industry as 81.48% of the companies are valued more expensively.
ASGN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 14.79 |
4.2 Price Multiples
ASGN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASGN is cheaper than 76.54% of the companies in the same industry.
ASGN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASGN is cheaper than 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.58 | ||
| EV/EBITDA | 11.09 |
4.3 Compensation for Growth
ASGN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.26
EPS Next 2Y-3.8%
EPS Next 3Y3.25%
5. Dividend
5.1 Amount
ASGN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ASGN INC
NYSE:ASGN (12/30/2024, 8:04:00 PM)
After market: 83.47 0 (0%)83.47
-0.22 (-0.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners100.43%
Inst Owner Change-2.41%
Ins Owners3.28%
Ins Owner Change-1.63%
Market Cap3.69B
Analysts76.92
Price Target99.79 (19.55%)
Short Float %4.24%
Short Ratio5.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.93%
Min EPS beat(2)0.44%
Max EPS beat(2)3.41%
EPS beat(4)4
Avg EPS beat(4)2.61%
Min EPS beat(4)0.44%
Max EPS beat(4)4.02%
EPS beat(8)6
Avg EPS beat(8)1.8%
EPS beat(12)9
Avg EPS beat(12)3.36%
EPS beat(16)13
Avg EPS beat(16)3.88%
Revenue beat(2)0
Avg Revenue beat(2)-2.7%
Min Revenue beat(2)-3.12%
Max Revenue beat(2)-2.27%
Revenue beat(4)0
Avg Revenue beat(4)-1.72%
Min Revenue beat(4)-3.12%
Max Revenue beat(4)-0.08%
Revenue beat(8)0
Avg Revenue beat(8)-1.93%
Revenue beat(12)2
Avg Revenue beat(12)-1.3%
Revenue beat(16)2
Avg Revenue beat(16)-2.47%
PT rev (1m)0.69%
PT rev (3m)1.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 14.79 | ||
| P/S | 0.88 | ||
| P/FCF | 9.58 | ||
| P/OCF | 8.86 | ||
| P/B | 2.08 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.09 |
EPS(TTM)5.4
EY6.47%
EPS(NY)5.64
Fwd EY6.76%
FCF(TTM)8.71
FCFY10.44%
OCF(TTM)9.42
OCFY11.28%
SpS94.77
BVpS40.14
TBVpS-12.98
PEG (NY)N/A
PEG (5Y)2.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 10.32% | ||
| ROCE | 10.36% | ||
| ROIC | 7.62% | ||
| ROICexc | 8.06% | ||
| ROICexgc | 44.91% | ||
| OM | 7.49% | ||
| PM (TTM) | 4.37% | ||
| GM | 28.71% | ||
| FCFM | 9.19% |
ROA(3y)8.46%
ROA(5y)7.48%
ROE(3y)15.89%
ROE(5y)14.6%
ROIC(3y)8.84%
ROIC(5y)8.31%
ROICexc(3y)9.68%
ROICexc(5y)9.03%
ROICexgc(3y)50.22%
ROICexgc(5y)46.23%
ROCE(3y)12.03%
ROCE(5y)11.31%
ROICexcg growth 3Y2.26%
ROICexcg growth 5Y-0.67%
ROICexc growth 3Y4.04%
ROICexc growth 5Y0.68%
OM growth 3Y0.62%
OM growth 5Y0.1%
PM growth 3Y-4.85%
PM growth 5Y1.22%
GM growth 3Y2.07%
GM growth 5Y-0.91%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.69 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 31.8% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 4.89 | ||
| Cash Conversion | 101.09% | ||
| Profit Quality | 210.27% | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 | ||
| Altman-Z | 3.48 |
F-Score5
WACC10.89%
ROIC/WACC0.7
Cap/Depr(3y)39.85%
Cap/Depr(5y)38.35%
Cap/Sales(3y)0.86%
Cap/Sales(5y)0.89%
Profit Quality(3y)109.92%
Profit Quality(5y)137.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.34%
EPS 3Y8.09%
EPS 5Y6.85%
EPS Q2Q%-14.88%
EPS Next Y-13.74%
EPS Next 2Y-3.8%
EPS Next 3Y3.25%
EPS Next 5Y8.41%
Revenue 1Y (TTM)-7.47%
Revenue growth 3Y8.32%
Revenue growth 5Y5.53%
Sales Q2Q%-7.68%
Revenue Next Year-7.13%
Revenue Next 2Y-2.74%
Revenue Next 3Y0.7%
Revenue Next 5Y2.99%
EBIT growth 1Y-15.49%
EBIT growth 3Y8.99%
EBIT growth 5Y5.64%
EBIT Next Year14.67%
EBIT Next 3Y9.81%
EBIT Next 5Y10.34%
FCF growth 1Y237.13%
FCF growth 3Y2.06%
FCF growth 5Y10.01%
OCF growth 1Y176.91%
OCF growth 3Y2.46%
OCF growth 5Y9.71%