ASGN Valuation

ASGN Stock  USD 48.41  1.11  2.24%   
At this time, the firm appears to be undervalued. ASGN Inc shows a prevailing Real Value of $55.32 per share. The current price of the firm is $48.41. Our model approximates the value of ASGN Inc from reviewing the firm fundamentals such as Profit Margin of 0.04 %, current valuation of 3.36 B, and Return On Equity of 0.0865 as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting ASGN's valuation include:
Price Book
1.1824
Enterprise Value
3.4 B
Enterprise Value Ebitda
8.9016
Price Sales
0.5276
Forward PE
10.2041
Undervalued
Today
48.41
Please note that ASGN's price fluctuation is very steady at this time. Calculation of the real value of ASGN Inc is based on 3 months time horizon. Increasing ASGN's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ASGN is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ASGN Stock. However, ASGN's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  48.41 Real  55.32 Target  60.57 Hype  46.27 Naive  45.32
The intrinsic value of ASGN's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ASGN's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
55.32
Real Value
57.95
Upside
Estimating the potential upside or downside of ASGN Inc helps investors to forecast how ASGN stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ASGN more accurately as focusing exclusively on ASGN's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
1.061.081.11
Details
Hype
Prediction
LowEstimatedHigh
43.6446.2748.90
Details
Naive
Forecast
LowNext ValueHigh
42.7045.3247.95
Details
8 Analysts
Consensus
LowTarget PriceHigh
55.1260.5767.23
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use ASGN's intrinsic value based on its ongoing forecasts of ASGN's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against ASGN's closest peers.

ASGN Cash

215.46 Million

ASGN Valuation Trend

Knowing ASGN's actual value is paramount for traders when making sound investment determinations. Using both ASGN's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.

ASGN Revenue by Product

ASGN Total Value Analysis

ASGN Inc is presently forecasted to have valuation of 3.36 B with market capitalization of 2.12 B, debt of 1.1 B, and cash on hands of 211.2 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the ASGN fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
3.36 B
2.12 B
1.1 B
211.2 M

ASGN Investor Information

About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. ASGN Inc has Price/Earnings To Growth (PEG) ratio of 2.02. The entity last dividend was issued on the 29th of October 2010. The firm had 2:1 split on the 4th of April 2000. Based on the analysis of ASGN's profitability, liquidity, and operating efficiency, ASGN Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in August.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.04620.0742
Way Down
Very volatile
Total Cash From Operating Activities420 M400 M
Sufficiently Up
Slightly volatile
Operating Income319.6 M304.4 M
Sufficiently Up
Slightly volatile

ASGN Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. ASGN has an asset utilization ratio of 119.56 percent. This suggests that the Company is making $1.2 for each dollar of assets. An increasing asset utilization means that ASGN Inc is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Covid

ASGN Ownership Allocation

The majority of ASGN Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ASGN Inc to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in ASGN. Please pay attention to any change in the institutional holdings of ASGN Inc as this could imply that something significant has changed or is about to change at the company. On May 7, 2020, Representative Greg Gianforte of US Congress acquired under $15k worth of ASGN Inc's common stock.

ASGN Profitability Analysis

The company reported the previous year's revenue of 4.1 B. Net Income was 175.2 M with profit before overhead, payroll, taxes, and interest of 1.16 B.

About ASGN Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of ASGN Inc. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of ASGN Inc based exclusively on its fundamental and basic technical indicators. By analyzing ASGN's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ASGN's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ASGN. We calculate exposure to ASGN's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ASGN's related companies.
Last ReportedProjected for Next Year
Gross Profit1.2 B1.2 B
Pretax Profit Margin 0.06  0.06 
Operating Profit Margin 0.07  0.05 
Net Profit Margin 0.04  0.02 
Gross Profit Margin 0.29  0.34 

ASGN Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding45.7 M
Quarterly Earnings Growth Y O Y-0.41
Forward Price Earnings10.2041

ASGN Current Valuation Indicators

ASGN's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final ASGN's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as ASGN, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use ASGN's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes ASGN's worth.
When determining whether ASGN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASGN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asgn Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asgn Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
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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 ASGN. If investors know ASGN 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 ASGN 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
(0.41)
Earnings Share
3.5
Revenue Per Share
90.315
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0487
The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN'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 ASGN's market value can be influenced by many factors that don't directly affect ASGN'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 ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN'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.