KELLY SERVICES INC -A (KELYA) Fundamental Analysis & Valuation

NASDAQ:KELYA • US4881522084

9.23 USD
-0.13 (-1.39%)
At close: Mar 6, 2026
9.23 USD
0 (0%)
After Hours: 3/6/2026, 8:00:02 PM

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

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to KELYA. KELYA was compared to 87 industry peers in the Professional Services industry. The financial health of KELYA is average, but there are quite some concerns on its profitability. KELYA has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

3

1. KELYA Profitability Analysis

1.1 Basic Checks

  • KELYA had positive earnings in the past year.
  • KELYA had a positive operating cash flow in the past year.
  • In multiple years KELYA reported negative net income over the last 5 years.
  • Of the past 5 years KELYA 4 years had a positive operating cash flow.
KELYA Yearly Net Income VS EBIT VS OCF VS FCFKELYA 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 100M -100M -200M

1.2 Ratios

  • With a Return On Assets value of -11.29%, KELYA is not doing good in the industry: 73.56% of the companies in the same industry are doing better.
  • KELYA's Return On Equity of -26.02% is on the low side compared to the rest of the industry. KELYA is outperformed by 74.71% of its industry peers.
  • KELYA's Return On Invested Capital of 3.09% is in line compared to the rest of the industry. KELYA outperforms 41.38% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for KELYA is significantly below the industry average of 12.79%.
Industry RankSector Rank
ROA -11.29%
ROE -26.02%
ROIC 3.09%
ROA(3y)-3.31%
ROA(5y)-1.39%
ROE(3y)-7.74%
ROE(5y)-3.33%
ROIC(3y)3.15%
ROIC(5y)3.07%
KELYA Yearly ROA, ROE, ROICKELYA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

1.3 Margins

  • KELYA's Operating Margin of 1.31% is on the low side compared to the rest of the industry. KELYA is outperformed by 62.07% of its industry peers.
  • In the last couple of years the Operating Margin of KELYA has grown nicely.
  • KELYA's Gross Margin of 20.07% is on the low side compared to the rest of the industry. KELYA is outperformed by 72.41% of its industry peers.
  • In the last couple of years the Gross Margin of KELYA has grown nicely.
Industry RankSector Rank
OM 1.31%
PM (TTM) N/A
GM 20.07%
OM growth 3Y-2.35%
OM growth 5Y11.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.51%
GM growth 5Y1.83%
KELYA Yearly Profit, Operating, Gross MarginsKELYA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

6

2. KELYA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KELYA is destroying value.
  • Compared to 1 year ago, KELYA has less shares outstanding
  • The number of shares outstanding for KELYA has been reduced compared to 5 years ago.
  • The debt/assets ratio for KELYA has been reduced compared to a year ago.
KELYA Yearly Shares OutstandingKELYA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
KELYA Yearly Total Debt VS Total AssetsKELYA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • KELYA has an Altman-Z score of 2.96. This is not the best score and indicates that KELYA is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.96, KELYA is in line with its industry, outperforming 58.62% of the companies in the same industry.
  • KELYA has a debt to FCF ratio of 0.89. This is a very positive value and a sign of high solvency as it would only need 0.89 years to pay back of all of its debts.
  • KELYA has a Debt to FCF ratio of 0.89. This is in the better half of the industry: KELYA outperforms 78.16% of its industry peers.
  • A Debt/Equity ratio of 0.10 indicates that KELYA is not too dependend on debt financing.
  • KELYA has a Debt to Equity ratio of 0.10. This is in the better half of the industry: KELYA outperforms 65.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.89
Altman-Z 2.96
ROIC/WACC0.38
WACC8.12%
KELYA Yearly LT Debt VS Equity VS FCFKELYA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • KELYA has a Current Ratio of 1.54. This is a normal value and indicates that KELYA is financially healthy and should not expect problems in meeting its short term obligations.
  • KELYA has a Current ratio of 1.54. This is comparable to the rest of the industry: KELYA outperforms 52.87% of its industry peers.
  • KELYA has a Quick Ratio of 1.54. This is a normal value and indicates that KELYA is financially healthy and should not expect problems in meeting its short term obligations.
  • KELYA has a Quick ratio of 1.54. This is comparable to the rest of the industry: KELYA outperforms 52.87% of its industry peers.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 1.54
KELYA Yearly Current Assets VS Current LiabilitesKELYA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

3

3. KELYA Growth Analysis

3.1 Past

  • KELYA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.78%.
  • Measured over the past years, KELYA shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.07% on average per year.
  • Looking at the last year, KELYA shows a decrease in Revenue. The Revenue has decreased by -1.87% in the last year.
  • KELYA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.20% yearly.
EPS 1Y (TTM)-44.78%
EPS 3Y-1.77%
EPS 5Y-2.07%
EPS Q2Q%-80.49%
Revenue 1Y (TTM)-1.87%
Revenue growth 3Y-5.05%
Revenue growth 5Y-1.2%
Sales Q2Q%-11.91%

3.2 Future

  • Based on estimates for the next years, KELYA will show a very strong growth in Earnings Per Share. The EPS will grow by 27.04% on average per year.
  • Based on estimates for the next years, KELYA will show a small growth in Revenue. The Revenue will grow by 0.07% on average per year.
EPS Next Y-14.84%
EPS Next 2Y27.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.26%
Revenue Next 2Y0.07%
Revenue Next 3YN/A
Revenue Next 5YN/A

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 accelerating: in the next years the growth will be better than in the last years.
KELYA Yearly Revenue VS EstimatesKELYA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B 5B
KELYA Yearly EPS VS EstimatesKELYA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

8

4. KELYA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.27, the valuation of KELYA can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of KELYA indicates a rather cheap valuation: KELYA is cheaper than 90.80% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of KELYA to the average of the S&P500 Index (26.29), we can say KELYA is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 8.53, the valuation of KELYA can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, KELYA is valued cheaper than 88.51% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of KELYA to the average of the S&P500 Index (24.60), we can say KELYA is valued rather cheaply.
Industry RankSector Rank
PE 7.27
Fwd PE 8.53
KELYA Price Earnings VS Forward Price EarningsKELYA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, KELYA is valued cheaply inside the industry as 93.10% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, KELYA is valued cheaper than 98.85% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.77
EV/EBITDA 3.92
KELYA Per share dataKELYA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • A more expensive valuation may be justified as KELYA's earnings are expected to grow with 27.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.04%
EPS Next 3YN/A

6

5. KELYA Dividend Analysis

5.1 Amount

  • KELYA has a Yearly Dividend Yield of 3.21%.
  • KELYA's Dividend Yield is rather good when compared to the industry average which is at 1.65. KELYA pays more dividend than 87.36% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, KELYA pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.21%

5.2 History

  • The dividend of KELYA has a limited annual growth rate of 0.84%.
  • KELYA has paid a dividend for at least 10 years, which is a reliable track record.
  • KELYA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.84%
Div Incr Years0
Div Non Decr Years4
KELYA Yearly Dividends per shareKELYA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

5.3 Sustainability

  • The earnings of KELYA are negative and hence is the payout ratio. KELYA will probably not be able to sustain this dividend level.
  • KELYA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-4.33%
EPS Next 2Y27.04%
EPS Next 3YN/A
KELYA Yearly Income VS Free CF VS DividendKELYA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M

KELYA Fundamentals: All Metrics, Ratios and Statistics

KELLY SERVICES INC -A

NASDAQ:KELYA (3/6/2026, 8:00:02 PM)

After market: 9.23 0 (0%)

9.23

-0.13 (-1.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners87.91%
Inst Owner Change-5.01%
Ins Owners3.84%
Ins Owner Change7.81%
Market Cap315.76M
Revenue(TTM)4.25B
Net Income(TTM)-254.10M
Analysts83.64
Price Target17 (84.18%)
Short Float %3.28%
Short Ratio1.85
Dividend
Industry RankSector Rank
Dividend Yield 3.21%
Yearly Dividend0.32
Dividend Growth(5Y)0.84%
DP-4.33%
Div Incr Years0
Div Non Decr Years4
Ex-Date02-25
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-61.09%
Min EPS beat(2)-64.29%
Max EPS beat(2)-57.89%
EPS beat(4)0
Avg EPS beat(4)-38.47%
Min EPS beat(4)-64.29%
Max EPS beat(4)-3.8%
EPS beat(8)3
Avg EPS beat(8)-10.65%
EPS beat(12)6
Avg EPS beat(12)6.83%
EPS beat(16)7
Avg EPS beat(16)6%
Revenue beat(2)0
Avg Revenue beat(2)-4.09%
Min Revenue beat(2)-6.69%
Max Revenue beat(2)-1.48%
Revenue beat(4)0
Avg Revenue beat(4)-3.78%
Min Revenue beat(4)-6.69%
Max Revenue beat(4)-1.48%
Revenue beat(8)1
Avg Revenue beat(8)-3.19%
Revenue beat(12)1
Avg Revenue beat(12)-3.35%
Revenue beat(16)1
Avg Revenue beat(16)-3.44%
PT rev (1m)-5.66%
PT rev (3m)-5.66%
EPS NQ rev (1m)-82.54%
EPS NQ rev (3m)-82.54%
EPS NY rev (1m)-39.74%
EPS NY rev (3m)-39.74%
Revenue NQ rev (1m)-4.02%
Revenue NQ rev (3m)-4.02%
Revenue NY rev (1m)-3.11%
Revenue NY rev (3m)-3.11%
Valuation
Industry RankSector Rank
PE 7.27
Fwd PE 8.53
P/S 0.07
P/FCF 2.77
P/OCF 2.58
P/B 0.32
P/tB 0.58
EV/EBITDA 3.92
EPS(TTM)1.27
EY13.76%
EPS(NY)1.08
Fwd EY11.72%
FCF(TTM)3.34
FCFY36.14%
OCF(TTM)3.58
OCFY38.83%
SpS124.26
BVpS28.54
TBVpS16.02
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.56
Profitability
Industry RankSector Rank
ROA -11.29%
ROE -26.02%
ROCE 3.91%
ROIC 3.09%
ROICexc 3.16%
ROICexgc 4.56%
OM 1.31%
PM (TTM) N/A
GM 20.07%
FCFM 2.68%
ROA(3y)-3.31%
ROA(5y)-1.39%
ROE(3y)-7.74%
ROE(5y)-3.33%
ROIC(3y)3.15%
ROIC(5y)3.07%
ROICexc(3y)3.3%
ROICexc(5y)3.27%
ROICexgc(3y)4.59%
ROICexgc(5y)4.38%
ROCE(3y)3.99%
ROCE(5y)3.89%
ROICexgc growth 3Y-4.46%
ROICexgc growth 5Y17.55%
ROICexc growth 3Y-7.59%
ROICexc growth 5Y10.18%
OM growth 3Y-2.35%
OM growth 5Y11.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.51%
GM growth 5Y1.83%
F-Score5
Asset Turnover1.89
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.89
Debt/EBITDA 1.04
Cap/Depr 20.05%
Cap/Sales 0.2%
Interest Coverage 4.57
Cash Conversion 124.85%
Profit Quality N/A
Current Ratio 1.54
Quick Ratio 1.54
Altman-Z 2.96
F-Score5
WACC8.12%
ROIC/WACC0.38
Cap/Depr(3y)30.93%
Cap/Depr(5y)33.26%
Cap/Sales(3y)0.26%
Cap/Sales(5y)0.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.78%
EPS 3Y-1.77%
EPS 5Y-2.07%
EPS Q2Q%-80.49%
EPS Next Y-14.84%
EPS Next 2Y27.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.87%
Revenue growth 3Y-5.05%
Revenue growth 5Y-1.2%
Sales Q2Q%-11.91%
Revenue Next Year-4.26%
Revenue Next 2Y0.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-20.63%
EBIT growth 3Y-7.28%
EBIT growth 5Y9.9%
EBIT Next Year66.47%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y622.15%
FCF growth 3YN/A
FCF growth 5Y-7.72%
OCF growth 1Y355.76%
OCF growth 3YN/A
OCF growth 5Y-8%

KELLY SERVICES INC -A / KELYA FAQ

What is the ChartMill fundamental rating of KELLY SERVICES INC -A (KELYA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to KELYA.


What is the valuation status for KELYA stock?

ChartMill assigns a valuation rating of 8 / 10 to KELLY SERVICES INC -A (KELYA). This can be considered as Undervalued.


How profitable is KELLY SERVICES INC -A (KELYA) stock?

KELLY SERVICES INC -A (KELYA) has a profitability rating of 3 / 10.


What is the earnings growth outlook for KELLY SERVICES INC -A?

The Earnings per Share (EPS) of KELLY SERVICES INC -A (KELYA) is expected to decline by -14.84% in the next year.


Can you provide the dividend sustainability for KELYA stock?

The dividend rating of KELLY SERVICES INC -A (KELYA) is 6 / 10 and the dividend payout ratio is -4.33%.