ManpowerGroup: Strong Demand Driving Growth

Oct. 06, 2022 4:34 AM ETManpowerGroup Inc. (MAN) StockMAN
Alpha Beta Capital
1.11K Followers

Summary

  • The revenue has grown from $21 billion in FY2020 to $20.7 billion in FY2022, resulting in a CAGR of -0.29%.
  • Recently, the company announced its semi-annual dividend payment of $1.36 which is equivalent to a $2.72 annual dividend payment, representing a solid 3.91% dividend yield compared to the current share price.
  • After comparing the forward P/E ratio with the sector median of 15.34x, we can clearly say that the company is undervalued.

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Investment Thesis

ManpowerGroup (NYSE:MAN) Inc offers workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East (APME). The company is recovering from the adverse effects of Covid-19 and might attain the pre-pandemic levels of revenue

This article was written by

1.11K Followers
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