KELYBKelly Services, Inc.
Is the price fair?
A demanding price: priced for +14% a year vs −6% a year delivered and at the top of its own P/E range.
Priced for ~14% a year FCF growth. The price already bakes in strong, sustained growth.
Expensive vs its own history: P/E 17.6 vs a 11.6 median over 27 quarters (+52% 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 KELYB's price assumes
Today's price asks for 14% 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
- 2.6%
Free cash flow yield · Staffing & Employment Services median 4.4%
- Growth the price implies
- +14%
Growth the price implies · The price pays for +14% free cash flow growth a year for a decade; the business has delivered −18% a year over the last three.
- Price / book
- 0.04
Price / book · as of 2026-Q1
Details›
- Price / bookas of 2026-Q1
- 0.04
- EV / EBIToperating margin −2.3%: the multiple describes the denominator
- not meaningful
- EV / salesas of 2026-Q1
- 0.05
- Free cash flow, trailing twelve months
- $21M
- Market capitalisation
- $782M
- 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 #8 of 9 by RyuScore