Kelly Services Inc (KELYA) is overvalued and Insperity Inc (NSP) is undervalued.
Against our estimates of intrinsic value, NSP trades at the wider discount: a margin of safety of +29%, against -163% for KELYA.
Values as of the 22 Sept 2026 close.
Its through-the-cycle earnings (0.7% median margin), capitalised at 9.0% with no growth, values the shares at $6.34; the price of $16.66 is 163% above that value.
Leak Score 24/100 on 6 of 12 signals
Its through-the-cycle earnings (3.8% median margin), capitalised at 7.9% with no growth, values the shares at $70.34; the price of $50.26 is 29% below that value.
Leak Score 55/100 on 7 of 12 signals
| Metric | KELYA | NSP |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $16.66 | $50.26 |
| Intrinsic value | $6.34 | $70.34 |
| Margin of safety | -163% | +29% |
| Leak Score | 24/100 (6/12) | 55/100 (7/12) |
| Market cap | $599M | $1.9B |
| Revenue growth, 5 years | -1.2% | 9.7% |
| Operating margin | 0.8% | -0.0% |
| Net margin | -6.7% | -0.2% |
| Return on equity | -24.4% | -18.5% |
| Debt to equity | 0.13 | 7.84 |
| Forward P/E | 9.2x | 18.6x |
| P/B | 0.6x | 30.5x |
| Dividend yield | 1.8% | 4.8% |