Automatic Data Processing, Inc. (ADP)

NASDAQ · Industrials · market cap 108.44B

Share price

$272.24

At the last nightly close

Intrinsic value

$391.75

A single conservative estimate.

Margin of safety

+43.9%

($391.75 − $272.24) ÷ $272.24

EV / EBIT

36.9

On the median operating profit of 14 fiscal years through 2026.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.

The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.

Key metrics

Price / earnings24.9
Price / book18.0
EV / EBITDA17.1
FCF / EV+3.7%
Return on equity+72.2%
Return on assets+6.2%
Debt / equity0.91
Gross margin+48.7%

Market position

52-week high$285.65
52-week low$186.18
From 52-week high-4.7%
RSI (14)50.5
200-day moving average$246.19

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2026-FY21.95B5.78B4.41Bn/a4.78B
2025-FY20.56B5.41B4.08B10.024.39B
2024-FY19.20B4.95B3.75B9.143.59B
2023-FY18.01B4.51B3.41B8.253.64B
2022-FY16.50B3.72B2.95B7.00n/a

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedOctober 28, 2026
Consensus EPS estimate2.77

Recent news

The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on ADP.

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.