ManpowerGroup (MAN) is undervalued and Robert Half Inc (RHI) is overvalued.
Against our estimates of intrinsic value, MAN trades at the wider discount: a margin of safety of +23%, against -233% for RHI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.6% (average of 2 methods) values the shares at $74.71; the price of $57.63 is 23% below that value.
Leak Score 54/100 on 3 of 12 signals
Discounting its cash flows at 9.1% (average of 2 methods) values the shares at $11.30; the price of $37.58 is 233% above that value.
Leak Score 0/100 on 2 of 12 signals
| Metric | MAN | RHI |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $57.63 | $37.58 |
| Intrinsic value | $74.71 | $11.30 |
| Margin of safety | +23% | -233% |
| Leak Score | 54/100 (3/12) | 0/100 (2/12) |
| Market cap | $2.7B | $3.8B |
| Revenue growth, 5 years | -0.1% | 1.0% |
| Operating margin | 1.8% | 0.2% |
| Net margin | 0.6% | 2.2% |
| Return on equity | 5.1% | 9.1% |
| Debt to equity | 0.67 | 0.20 |
| P/E | 26.0x | 32.7x |
| Forward P/E | 11.8x | 19.1x |
| P/B | 1.3x | 3.2x |
| Dividend yield | 2.8% | 5.6% |