ManpowerGroup Inc. (MAN) vs Insperity, Inc. (NSP)

ManpowerGroup Inc. and Insperity, Inc. are both Staffing & Employment Services companies. ManpowerGroup Inc. is the larger, with a market value of $2.7B against $1.8B — 1.4× the size. Insperity, Inc. has negative trailing earnings, so its P/E is not meaningful; ManpowerGroup Inc. trades at 25.7×. ManpowerGroup Inc. grew revenue faster over the last twelve months: 6.72% against 2.64%. ManpowerGroup Inc. has the higher net margin (0.56% vs −0.23%) and the higher return on invested capital (7.21% vs 0.00%). Both pay a dividend; ManpowerGroup Inc. yields more (3.96% vs 2.31%). Across the 21 metrics below, ManpowerGroup Inc. leads on 14 and Insperity, Inc. on 7.

Valuation

Metric MAN NSP Staffing & Employment Services median
P/E 25.74 n/m 24.32
P/S 0.14 0.26 0.41
P/B 1.28 29.80 1.28
Price to free cash flow 38.91 9.37 18.57
EV/EBITDA 8.28 37.48 10.55
EV/Sales 0.16 0.22 0.40
Earnings yield 3.88% (0.90%) 0.99%
Free cash flow yield 2.57% 10.67% 2.79%

Profitability

Metric MAN NSP Staffing & Employment Services median
Gross margin 16.24% 12.89% 23.11%
Operating margin 1.54% (0.04%) 0.08%
Net margin 0.56% (0.23%) 0.23%
Free cash flow margin 0.37% 2.82% 1.23%
Return on equity 5.08% (18.50%) 2.31%
Return on assets 1.23% (0.75%) 0.00%
Return on invested capital 7.21% 0.00% 0.00%

Growth

Metric MAN NSP Staffing & Employment Services median
Revenue growth (TTM) 6.72% 2.64% 0.69%
EPS growth (last fiscal year) (109.63%) (107.85%) —
Revenue growth, 5-year CAGR (0.05%) 9.70% 1.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MAN NSP Staffing & Employment Services median
Debt to equity 0.27 6.87 0.08
Current ratio 1.04 1.11 1.50
Net debt to EBITDA 0.77 (10.66) (0.22)

Dividend

Metric MAN NSP Staffing & Employment Services median
Dividend yield 3.96% 2.31% 2.16%
Payout ratio 0.48 0.45 0.30

Size

Metric MAN NSP Staffing & Employment Services median
Market cap 2.65b 1.83b 590.17m

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