With a market capitalization of $69,429,274,578, Automatic Data Processing Inc has a greater market value than 96.72% of US stocks.
ADP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,524.51 -- higher than 97.5% of US-listed equities with positive expected earnings growth.
With a year-over-year growth in debt of -63.25%, Automatic Data Processing Inc's debt growth rate surpasses only 4.43% of about US stocks.
If you're looking for stocks that are quantitatively similar to Automatic Data Processing Inc, a group of peers worth examining would be SHW, LFC, ITW, INFY, and ITUB.
ADP's SEC filings can be seen here. And to visit Automatic Data Processing Inc's official web site, go to www.adp.com.
Automatic Data Processing offers a range of business outsourcing and HCM solutions, including: Payroll Services, Benefits Administration, Talent Management, Human Resources Management, Time and Attendance Management, Insurance Services, Retirement Services and Tax, Compliance and Payment Solutions. The company was founded in 1949 and is based in Roseland, New Jersey.
ADP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Automatic Data Processing Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Automatic Data Processing Inc ranked in the 27th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for ADP, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 39.99 -- which is good for besting 93.19% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
The business' balance sheet reveals debt to be 3% of the company's capital (with equity being the remaining amount). Approximately only 13.45% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
ADP's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 46.98% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Automatic Data Processing Inc? See SYEV, DOV, HON, MIC, and VRSK.
Automatic Data Processing (ADP) declares $0.93/share quarterly dividend, in line with previous.Forward yield 2.25%Payable April 1; for shareholders of record March 12; ex-div March 11.See ADP Dividend Scorecard, Yield Chart, & Dividend Growth....
The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of 93 cents per share payable April 1, 2021 to shareholders of record on March 12, 2021.