KELLY SERVICES INC -CL B (KELYB) Stock Fundamental Analysis

NASDAQ:KELYB • US4881523074

14.52 USD
-0.48 (-3.2%)
Last: Mar 3, 2026, 05:29 PM
Fundamental Rating

5

KELYB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 88 industry peers in the Professional Services industry. The financial health of KELYB is average, but there are quite some concerns on its profitability. KELYB has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • KELYB had positive earnings in the past year.
  • KELYB had a positive operating cash flow in the past year.
  • In multiple years KELYB reported negative net income over the last 5 years.
  • In multiple years KELYB reported negative operating cash flow during the last 5 years.
KELYB Yearly Net Income VS EBIT VS OCF VS FCFKELYB 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 0 50M -50M 100M 150M

1.2 Ratios

  • With a Return On Assets value of -6.56%, KELYB is not doing good in the industry: 71.59% of the companies in the same industry are doing better.
  • KELYB has a worse Return On Equity (-14.09%) than 69.32% of its industry peers.
  • KELYB has a Return On Invested Capital of 3.62%. This is comparable to the rest of the industry: KELYB outperforms 42.05% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KELYB is significantly below the industry average of 12.78%.
  • The last Return On Invested Capital (3.62%) for KELYB is above the 3 year average (3.33%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -6.56%
ROE -14.09%
ROIC 3.62%
ROA(3y)-0.33%
ROA(5y)0.31%
ROE(3y)-0.73%
ROE(5y)0.68%
ROIC(3y)3.33%
ROIC(5y)2.79%
KELYB Yearly ROA, ROE, ROICKELYB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • KELYB's Operating Margin of 1.65% is on the low side compared to the rest of the industry. KELYB is outperformed by 60.23% of its industry peers.
  • In the last couple of years the Operating Margin of KELYB has remained more or less at the same level.
  • KELYB has a Gross Margin of 20.43%. This is in the lower half of the industry: KELYB underperforms 72.73% of its industry peers.
  • In the last couple of years the Gross Margin of KELYB has grown nicely.
Industry RankSector Rank
OM 1.65%
PM (TTM) N/A
GM 20.43%
OM growth 3Y14.85%
OM growth 5Y-0.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.86%
GM growth 5Y2.42%
KELYB Yearly Profit, Operating, Gross MarginsKELYB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KELYB is destroying value.
  • KELYB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
KELYB Yearly Shares OutstandingKELYB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
KELYB Yearly Total Debt VS Total AssetsKELYB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 3.06 indicates that KELYB is not in any danger for bankruptcy at the moment.
  • KELYB's Altman-Z score of 3.06 is in line compared to the rest of the industry. KELYB outperforms 59.09% of its industry peers.
  • The Debt to FCF ratio of KELYB is 1.18, which is an excellent value as it means it would take KELYB, only 1.18 years of fcf income to pay off all of its debts.
  • KELYB has a Debt to FCF ratio of 1.18. This is in the better half of the industry: KELYB outperforms 75.00% of its industry peers.
  • KELYB has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • KELYB's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. KELYB outperforms 64.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.18
Altman-Z 3.06
ROIC/WACC0.44
WACC8.29%
KELYB Yearly LT Debt VS Equity VS FCFKELYB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • KELYB has a Current Ratio of 1.59. This is a normal value and indicates that KELYB is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of KELYB (1.59) is comparable to the rest of the industry.
  • KELYB has a Quick Ratio of 1.59. This is a normal value and indicates that KELYB is financially healthy and should not expect problems in meeting its short term obligations.
  • KELYB has a Quick ratio of 1.59. This is comparable to the rest of the industry: KELYB outperforms 54.55% of its industry peers.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.59
KELYB Yearly Current Assets VS Current LiabilitesKELYB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

3

3. Growth

3.1 Past

  • KELYB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.78%.
  • KELYB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.07% yearly.
EPS 1Y (TTM)-44.78%
EPS 3Y-1.77%
EPS 5Y-2.07%
EPS Q2Q%-80.49%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.91%

3.2 Future

  • Based on estimates for the next years, KELYB will show a very strong growth in Earnings Per Share. The EPS will grow by 33.58% on average per year.
  • The Revenue is expected to grow by 0.01% on average over the next years.
EPS Next Y41.32%
EPS Next 2Y33.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.45%
Revenue Next 2Y0.01%
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.
KELYB Yearly Revenue VS EstimatesKELYB 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
KELYB Yearly EPS VS EstimatesKELYB 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. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.43, which indicates a very decent valuation of KELYB.
  • Based on the Price/Earnings ratio, KELYB is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
  • KELYB is valuated cheaply when we compare the Price/Earnings ratio to 26.83, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 8.09, which indicates a very decent valuation of KELYB.
  • Based on the Price/Forward Earnings ratio, KELYB is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
  • KELYB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.95.
Industry RankSector Rank
PE 11.43
Fwd PE 8.09
KELYB Price Earnings VS Forward Price EarningsKELYB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KELYB indicates a rather cheap valuation: KELYB is cheaper than 92.05% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of KELYB indicates a rather cheap valuation: KELYB is cheaper than 92.05% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.12
EV/EBITDA 5.32
KELYB Per share dataKELYB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • KELYB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • KELYB's earnings are expected to grow with 33.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y33.58%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.11%, KELYB has a reasonable but not impressive dividend return.
  • KELYB's Dividend Yield is rather good when compared to the industry average which is at 1.64. KELYB pays more dividend than 88.64% of the companies in the same industry.
  • KELYB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.11%

5.2 History

  • The dividend of KELYB has a limited annual growth rate of 0.84%.
  • KELYB has been paying a dividend for at least 10 years, so it has a reliable track record.
  • KELYB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.84%
Div Incr Years0
Div Non Decr Years4
KELYB Yearly Dividends per shareKELYB 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 KELYB are negative and hence is the payout ratio. KELYB will probably not be able to sustain this dividend level.
  • KELYB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-7%
EPS Next 2Y33.58%
EPS Next 3YN/A
KELYB Yearly Income VS Free CF VS DividendKELYB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

KELLY SERVICES INC -CL B

NASDAQ:KELYB (3/3/2026, 5:29:24 PM)

14.52

-0.48 (-3.2%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners92.1%
Inst Owner Change-0.01%
Ins Owners3.15%
Ins Owner ChangeN/A
Market Cap513.14M
Revenue(TTM)N/A
Net Income(TTM)-157.10M
Analysts83.64
Price Target23.73 (63.43%)
Short Float %0.04%
Short Ratio0.2
Dividend
Industry RankSector Rank
Dividend Yield 3.11%
Yearly Dividend0.32
Dividend Growth(5Y)0.84%
DP-7%
Div Incr Years0
Div Non Decr Years4
Ex-Date02-25
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.85%
Min EPS beat(2)-57.89%
Max EPS beat(2)-3.8%
EPS beat(4)1
Avg EPS beat(4)-4.13%
Min EPS beat(4)-57.89%
Max EPS beat(4)73.07%
EPS beat(8)4
Avg EPS beat(8)4.95%
EPS beat(12)6
Avg EPS beat(12)8.75%
EPS beat(16)8
Avg EPS beat(16)17.61%
Revenue beat(2)0
Avg Revenue beat(2)-5.69%
Min Revenue beat(2)-6.69%
Max Revenue beat(2)-4.69%
Revenue beat(4)1
Avg Revenue beat(4)-3.26%
Min Revenue beat(4)-6.69%
Max Revenue beat(4)0.6%
Revenue beat(8)1
Avg Revenue beat(8)-3.28%
Revenue beat(12)1
Avg Revenue beat(12)-3.61%
Revenue beat(16)1
Avg Revenue beat(16)-3.76%
PT rev (1m)29.11%
PT rev (3m)23.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-27.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.67%
Valuation
Industry RankSector Rank
PE 11.43
Fwd PE 8.09
P/S 0.12
P/FCF 5.12
P/OCF 4.71
P/B 0.46
P/tB 0.76
EV/EBITDA 5.32
EPS(TTM)1.27
EY8.75%
EPS(NY)1.79
Fwd EY12.36%
FCF(TTM)2.84
FCFY19.53%
OCF(TTM)3.08
OCFY21.24%
SpS124.3
BVpS31.55
TBVpS19.22
PEG (NY)0.28
PEG (5Y)N/A
Graham Number30.03
Profitability
Industry RankSector Rank
ROA -6.56%
ROE -14.09%
ROCE 4.58%
ROIC 3.62%
ROICexc 3.69%
ROICexgc 5.12%
OM 1.65%
PM (TTM) N/A
GM 20.43%
FCFM 2.28%
ROA(3y)-0.33%
ROA(5y)0.31%
ROE(3y)-0.73%
ROE(5y)0.68%
ROIC(3y)3.33%
ROIC(5y)2.79%
ROICexc(3y)3.58%
ROICexc(5y)3.03%
ROICexgc(3y)4.82%
ROICexgc(5y)3.87%
ROCE(3y)4.21%
ROCE(5y)3.54%
ROICexgc growth 3Y17.31%
ROICexgc growth 5Y-1.9%
ROICexc growth 3Y8.45%
ROICexc growth 5Y-7.18%
OM growth 3Y14.85%
OM growth 5Y-0.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.86%
GM growth 5Y2.42%
F-Score5
Asset Turnover1.84
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.18
Debt/EBITDA 1.02
Cap/Depr 20.23%
Cap/Sales 0.2%
Interest Coverage 250
Cash Conversion 93.8%
Profit Quality N/A
Current Ratio 1.59
Quick Ratio 1.59
Altman-Z 3.06
F-Score5
WACC8.29%
ROIC/WACC0.44
Cap/Depr(3y)36.22%
Cap/Depr(5y)42.06%
Cap/Sales(3y)0.27%
Cap/Sales(5y)0.28%
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 Y41.32%
EPS Next 2Y33.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.91%
Revenue Next Year-2.45%
Revenue Next 2Y0.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.19%
EBIT growth 3Y10.15%
EBIT growth 5Y-4.99%
EBIT Next Year97.28%
EBIT Next 3Y32.52%
EBIT Next 5YN/A
FCF growth 1Y100.4%
FCF growth 3Y-40.18%
FCF growth 5Y-28.1%
OCF growth 1Y58.43%
OCF growth 3Y-31.85%
OCF growth 5Y-23.43%

KELLY SERVICES INC -CL B / KELYB FAQ

Can you provide the ChartMill fundamental rating for KELLY SERVICES INC -CL B?

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


Can you provide the valuation status for KELLY SERVICES INC -CL B?

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


What is the profitability of KELYB stock?

KELLY SERVICES INC -CL B (KELYB) has a profitability rating of 3 / 10.


What are the PE and PB ratios of KELLY SERVICES INC -CL B (KELYB) stock?

The Price/Earnings (PE) ratio for KELLY SERVICES INC -CL B (KELYB) is 11.43 and the Price/Book (PB) ratio is 0.46.


What is the financial health of KELLY SERVICES INC -CL B (KELYB) stock?

The financial health rating of KELLY SERVICES INC -CL B (KELYB) is 5 / 10.