KELYAKelly Services, Inc.
Is the price fair?
Neither cheap nor expensive: nothing decisive, though at the top of its own P/E range.
Priced for ~10% a year FCF growth. Moderate growth expectations are priced in.
Expensive vs its own history: P/E 17.5 vs a 11.9 median over 27 quarters (+48% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What KELYA's price assumes
Today's price asks for 9.8% free cash flow growth a year; over the last three years Kelly Services, Inc. delivered −18%, the price is ahead of the record.
Price / sales · no P/E: the last twelve months did not end in a profit
- Free cash flow yield
- 3.7%
Free cash flow yield · Staffing & Employment Services median 4.4%
- Growth the price implies
- +9.8%
Growth the price implies · The price pays for +9.8% free cash flow growth a year for a decade; the business has delivered −18% a year over the last three.
- Price / book
- 0.28
Price / book · as of 2026-Q1
Details›
- Price / bookas of 2026-Q1
- 0.28
- EV / EBIToperating margin −2.3%: the multiple describes the denominator
- not meaningful
- EV / salesas of 2026-Q1
- 0.11
- Free cash flow, trailing twelve months
- $21M
- Market capitalisation
- $561M
- 3-year revenue growth
- −6.0%
- 3-year free cash flow growth
- −18%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Staffing & Employment Services
Ranks #9 of 9 by RyuScore