ManpowerGroup Enterprise Value Over E B I T D A from 2010 to 2024
| MAN Stock | USD 63.41 0.16 0.25% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 8.69667874 | Current Value 11.3 | Quarterly Volatility 2.89997444 |
Check ManpowerGroup financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ManpowerGroup's main balance sheet or income statement drivers, such as Depreciation And Amortization of 89.3 M, Interest Expense of 78.9 M or Total Revenue of 15.8 B, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0383 or PTB Ratio of 1.69. ManpowerGroup financial statements analysis is a perfect complement when working with ManpowerGroup Valuation or Volatility modules.
ManpowerGroup | Enterprise Value Over E B I T D A |
Latest ManpowerGroup's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of ManpowerGroup over the last few years. It is ManpowerGroup's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ManpowerGroup's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
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Enterprise Value Over E B I T D A |
| Timeline |
ManpowerGroup Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 8.09 | |
| Geometric Mean | 7.61 | |
| Coefficient Of Variation | 35.85 | |
| Mean Deviation | 2.18 | |
| Median | 7.80 | |
| Standard Deviation | 2.90 | |
| Sample Variance | 8.41 | |
| Range | 11.5762 | |
| R-Value | 0.49 | |
| Mean Square Error | 6.91 | |
| R-Squared | 0.24 | |
| Significance | 0.07 | |
| Slope | 0.32 | |
| Total Sum of Squares | 117.74 |
ManpowerGroup Enterprise Value Over E B I T D A History
About ManpowerGroup Financial Statements
ManpowerGroup investors utilize fundamental indicators, such as Enterprise Value Over E B I T D A, to predict how ManpowerGroup Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 8.70 | 11.30 |
Pair Trading with ManpowerGroup
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ManpowerGroup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ManpowerGroup will appreciate offsetting losses from the drop in the long position's value.Moving against ManpowerGroup Stock
| 0.74 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.74 | AMBI | Ambipar Emergency | PairCorr |
| 0.58 | J | Jacobs Solutions Fiscal Year End 19th of November 2024 | PairCorr |
| 0.57 | B | Barnes Group | PairCorr |
| 0.52 | NCI | Neo Concept Internat | PairCorr |
The ability to find closely correlated positions to ManpowerGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ManpowerGroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ManpowerGroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ManpowerGroup to buy it.
The correlation of ManpowerGroup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ManpowerGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ManpowerGroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ManpowerGroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ManpowerGroup Correlation against competitors. To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ManpowerGroup. If investors know ManpowerGroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ManpowerGroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Dividend Share 3.01 | Earnings Share 0.87 | Revenue Per Share 375.591 | Quarterly Revenue Growth (0.03) |
The market value of ManpowerGroup is measured differently than its book value, which is the value of ManpowerGroup that is recorded on the company's balance sheet. Investors also form their own opinion of ManpowerGroup's value that differs from its market value or its book value, called intrinsic value, which is ManpowerGroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ManpowerGroup's market value can be influenced by many factors that don't directly affect ManpowerGroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ManpowerGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if ManpowerGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ManpowerGroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.