ADP
Automatic Data Processing Inc
Price:  
247.97 
USD
Volume:  
3,091,328.00
United States | IT Services
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ADP Fair Value

-53.53 %
Upside

As of 2024-06-22, the Fair Value of Automatic Data Processing Inc (ADP) is 115.24 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 247.97 USD, the upside of Automatic Data Processing Inc is -53.53%.

247.97 USD
Stock Price
115.24 USD
Fair Price
FAIR VALUE CALCULATION

ADP Fair Value

Peter Lynch's formula is:

ADP Fair Value
= Earnings Growth Rate x TTM EPS
ADP Fair Value
= 12.75 x 9.04
ADP Fair Value
= 115.24

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-06-30 2020-06-30 2021-06-30 2022-06-30 2023-06-30 5Y Avg
Net income 2,293.00 2,467.00 2,599.00 2,949.00 3,412.00 2,744.00
YoY growth 21.64% 7.59% 5.35% 13.47% 15.70% 12.75%

ADP Fair Value - Key Data

Market Cap (mil) 101,491.64
P/E 27.43x
Forward P/E 24.95x
EPS 9.04
Avg earnings growth rate 12.75%
TTM earnings 3,699.40