Shares Outstanding Shares Outstanding n/a Close	405.92M
Shares Change (YoY) Shares Change (YoY) n/a Close	-0.59%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	-0.14%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	80.68%
Shares Floating Shares Floating n/a Close	405.37M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	1,593
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.09%

Short Selling Information

The latest short interest is 5.12M, so 1.26% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	5.12M
Short % of Shares Out Short % of Shares Out n/a Close	1.26%
Short % of Float Short % of Float n/a Close	1.26%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	3.45

Valuation Ratios

The PE ratio is 25.79 and the forward PE ratio is 28.7. Automatic Data Processing's PEG ratio is 2.39.

PE Ratio PE Ratio n/a Close	25.79
Forward PE Forward PE n/a Close	28.7
PS Ratio PS Ratio n/a Close	5.04
Forward PS Forward PS n/a Close	5.5
PB Ratio PB Ratio n/a Close	21.28
P/FCF Ratio P/FCF Ratio n/a Close	26.92
PEG Ratio PEG Ratio n/a Close	2.39

Financial Ratio History

Enterprise Valuation

Automatic Data Processing has an Enterprise Value (EV) of 97.56B.

EV / Sales EV / Sales n/a Close	5.08
EV / EBITDA EV / EBITDA n/a Close	16.82
EV / EBIT EV / EBIT n/a Close	23.46
EV / FCF EV / FCF n/a Close	27.14

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.81.

Current Ratio Current Ratio n/a Close	1.01
Quick Ratio Quick Ratio n/a Close	1.01
Debt / Equity Debt / Equity n/a Close	0.81
Debt / EBITDA Debt / EBITDA n/a Close	0.64
Debt / FCF Debt / FCF n/a Close	1.03
Interest Coverage Interest Coverage n/a Close	13.77

Financial Efficiency

Return on Equity is 82.51% and Return on Invested Capital is 39.26%.

Return on Equity Return on Equity n/a Close	82.51%
Return on Assets Return on Assets n/a Close	6.9%
Return on Invested Capital Return on Invested Capital n/a Close	39.26%
Revenue Per Employee Revenue Per Employee n/a Close	$300,040.62
Profits Per Employee Profits Per Employee n/a Close	$58,625
Employee Count Employee Count n/a Close	64,000
Asset Turnover Asset Turnover n/a Close	0.35
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	1.12B
Effective Tax Rate Effective Tax Rate n/a Close	22.99%

Stock Price Statistics

The stock price has increased by 26.79% in the last 52 weeks. The beta is 0.8, so Automatic Data Processing's price volatility has been higher than the market average.

Beta Beta n/a Close	0.8
52-Week Price Change 52-Week Price Change n/a Close	26.79%
50-Day Moving Average 50-Day Moving Average n/a Close	307.34
200-Day Moving Average 200-Day Moving Average n/a Close	297.87
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	38.87
Average Volume (20 Days) Average Volume (20 Days) n/a Close	1,781,539

Income Statement

In the last 12 months, Automatic Data Processing had revenue of 19.2B and earned 3.75B in profits. Earnings per share was 9.14.

Revenue Revenue n/a Close	19.2B
Gross Profit Gross Profit n/a Close	8.73B
Operating Income Operating Income n/a Close	4.98B
Net Income Net Income n/a Close	3.75B
EBITDA EBITDA n/a Close	5.8B
EBIT EBIT n/a Close	5.23B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	9.14

Full Income Statement

Balance Sheet

The company has 2.91B in cash and 3.71B in debt, giving a net cash position of -791.9M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	2.91B
Total Debt Total Debt n/a Close	3.71B
Net Cash Net Cash n/a Close	-791.9M
Retained Earnings Retained Earnings n/a Close	23.62B
Total Assets Total Assets n/a Close	56.45B
Working Capital Working Capital n/a Close	691.4M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 4.16B and capital expenditures -563.4M, giving a free cash flow of 3.59B.

Operating Cash Flow Operating Cash Flow n/a Close	4.16B
Capital Expenditures Capital Expenditures n/a Close	-563.4M
Free Cash Flow Free Cash Flow n/a Close	3.59B
FCF Per Share FCF Per Share n/a Close	8.75

Full Cash Flow Statement

Margins

Gross margin is 45.44%, with operating and profit margins of 25.92% and 19.54%.

Gross Margin Gross Margin n/a Close	45.44%
Operating Margin Operating Margin n/a Close	25.92%
Pretax Margin Pretax Margin n/a Close	25.37%
Profit Margin Profit Margin n/a Close	19.54%
EBITDA Margin EBITDA Margin n/a Close	30.2%
EBIT Margin EBIT Margin n/a Close	25.92%
FCF Margin FCF Margin n/a Close	18.72%

Dividends & Yields

ADP pays an annual dividend of $7.42, which amounts to a dividend yield of 1.93%.

Dividend Per Share Dividend Per Share n/a Close	$7.42
Dividend Yield Dividend Yield n/a Close	1.93%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	10%
Payout Ratio Payout Ratio n/a Close	75.87%
Earnings Yield Earnings Yield n/a Close	3.88%
FCF Yield FCF Yield n/a Close	3.71%

Dividend Details

Analyst Forecast

The average price target for ADP is $305, which is -1.5% lower than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$305
Price Target Difference Price Target Difference n/a Close	-1.5%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	12

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$89.48
Lynch Upside Lynch Upside n/a Close	-71.11%
Graham Number Graham Number n/a Close	47.72
Graham Upside Graham Upside n/a Close	-84.59%

Stock Splits

The last stock split was on Oct 1, 2014. It was a forward split with a ratio of 1139:1000.

Last Split Date Last Split Date n/a Close	Oct 1, 2014
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	1139:1000

Scores

Altman Z-Score Altman Z-Score n/a Close	2.88
Piotroski F-Score Piotroski F-Score n/a Close	9