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

USA • Nasdaq • NASDAQ:KELYB • US4881523074

13.76 USD
+0.76 (+5.85%)
Last: Jan 27, 2026, 08:00 PM
Fundamental Rating

4

Taking everything into account, KELYB scores 4 out of 10 in our fundamental rating. KELYB was compared to 89 industry peers in the Professional Services industry. KELYB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
  • In the past year KELYB had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: KELYB reported negative net income in multiple years.
  • Of the past 5 years KELYB 4 years had a positive operating cash flow.
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

  • Looking at the Return On Assets, with a value of -6.56%, KELYB is doing worse than 70.79% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of -14.09%, KELYB is doing worse than 68.54% of the companies in the same industry.
  • KELYB's Return On Invested Capital of 3.62% is in line compared to the rest of the industry. KELYB outperforms 43.82% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KELYB is significantly below the industry average of 12.02%.
  • 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 has a Operating Margin of 1.65%. This is comparable to the rest of the industry: KELYB outperforms 43.82% of its industry peers.
  • In the last couple of years the Operating Margin of KELYB has remained more or less at the same level.
  • With a Gross Margin value of 20.43%, KELYB is not doing good in the industry: 71.91% of the companies in the same industry are doing better.
  • 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

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KELYB is destroying value.
  • KELYB has less shares outstanding than it did 1 year ago.
  • KELYB has less shares outstanding than it did 5 years ago.
  • KELYB has a worse debt/assets ratio than last year.
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 3.04 indicates that KELYB is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.04, KELYB is doing good in the industry, outperforming 60.67% of the companies in the same industry.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 1.18, KELYB is in the better half of the industry, outperforming 79.78% of the companies in the same industry.
  • KELYB has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of KELYB (0.11) is better than 67.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.18
Altman-Z 3.04
ROIC/WACC0.43
WACC8.44%
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 (1.59) which is comparable to the rest of the industry.
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

2

3. Growth

3.1 Past

  • KELYB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.92%.
  • The Earnings Per Share has been growing slightly by 1.26% on average over the past years.
  • The Revenue has been growing slightly by 0.46% in the past year.
  • Measured over the past years, KELYB shows a decrease in Revenue. The Revenue has been decreasing by -4.15% on average per year.
EPS 1Y (TTM)-19.92%
EPS 3Y15.06%
EPS 5Y1.26%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)0.46%
Revenue growth 3Y-4.09%
Revenue growth 5Y-4.15%
Sales Q2Q%-9.93%

3.2 Future

  • Based on estimates for the next years, KELYB will show a decrease in Earnings Per Share. The EPS will decrease by -0.50% on average per year.
  • The Revenue is expected to grow by 1.04% on average over the next years.
EPS Next Y-29.8%
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%
EPS Next 5YN/A
Revenue Next Year-1.27%
Revenue Next 2Y-1.23%
Revenue Next 3Y1.04%
Revenue Next 5YN/A

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 decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

7

4. Valuation

4.1 Price/Earnings Ratio

  • KELYB is valuated cheaply with a Price/Earnings ratio of 7.13.
  • Compared to the rest of the industry, the Price/Earnings ratio of KELYB indicates a rather cheap valuation: KELYB is cheaper than 89.89% of the companies listed in the same industry.
  • KELYB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.41.
  • KELYB is valuated cheaply with a Price/Forward Earnings ratio of 7.67.
  • Based on the Price/Forward Earnings ratio, KELYB is valued cheaper than 91.01% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 25.64. KELYB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.13
Fwd PE 7.67
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

  • Based on the Enterprise Value to EBITDA ratio, KELYB is valued cheaply inside the industry as 92.13% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, KELYB is valued cheaper than 95.51% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.85
EV/EBITDA 4.94
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

PEG (NY)N/A
PEG (5Y)5.64
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%

5

5. Dividend

5.1 Amount

  • KELYB has a Yearly Dividend Yield of 2.91%.
  • KELYB's Dividend Yield is rather good when compared to the industry average which is at 1.45. KELYB pays more dividend than 88.76% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, KELYB pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.91%

5.2 History

  • The dividend of KELYB has a limited annual growth rate of 2.03%.
  • KELYB has paid a dividend for at least 10 years, which is a reliable track record.
  • KELYB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.03%
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 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.
DP-7%
EPS Next 2Y-11.66%
EPS Next 3Y-0.5%
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 / KELYB FAQ

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

ChartMill assigns a fundamental rating of 4 / 10 to KELYB.


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

ChartMill assigns a valuation rating of 7 / 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 7.13 and the Price/Book (PB) ratio is 0.44.


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 6 / 10.