Asgn Inc

Consumer Discretionary
Professional Services
www.asgn.com

Earnings Score
Moat Score
Safety Score
Final Score

Market Cap $4.00B
PE 22
Debt $1.05B
Cash $166.60M
EV $4.87B
FCF $385.00M

Earnings

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Sales & Net Margins

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Earnings	$183.10M
EBIT	$313.60M
ROE	10%
ROA	9%
FCF	$385.00M
Equity	$1.77B
Growth Stability	75%
PE	21.82
PEG	11.22
PB	2.25
P/FCF	10.38
P/S	0.95
Price/Cash	0.04
Debt/Equity	0.59
Debt/FCF	2.71
Net Margins	4%
Gross Margins	29%
Op. Margins	7%
Earnings CAGR	14%
Sales Growth YoY	-8%
Sales Growth QoQ	-0%
Sales CAGR	9%
FCF CAGR	10%
Equity CAGR	13%
Earnings Stability	0.6
Earnings Growth YoY	-20%
Earnings Growth QoQ	1%

Earnings CAGR 5Y	2%
Sales CAGR 5Y	3%
FCF CAGR 5Y	2%
Equity CAGR 5Y	6%
Earnings CAGR 3Y	1%
Sales CAGR 3Y	1%
FCF CAGR 3Y	75%
Equity CAGR 3Y	-1%
Market Cap	$4.00B
Revenue	$4.19B
Assets	$3.43B
Total Debt	$1.05B
Cash	$166.60M
Shares Outstanding	44.2M
EV	4.87B
Earnings Score	85%
Moat Score	85%
Safety Score	89%
Final Score	86%
Working Capital	503.7M
Current Ratio	2.25
Gross Profit	$1.20B
Shares Growth 3y	-5%
Equity Growth QoQ	-2%
Equity Growth YoY	-7%

Assets & ROA

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Stockholders Equity & ROE

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ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology, creative, and digital, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which is their largest segment, provides consulting, creative digital marketing, and permanent placement services to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies.

SEC Filings

Direct access to Asgn Inc (ASGN) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Asgn Inc compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Asgn Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 14%

Stability 60%

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Asgn Inc Discounted Cash Flow

Fully customizable DCF calculator online for Asgn Inc.

Years

Calculation mode

= $7.9B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$385M	$425M	$469M	$518M	$572M	$631M	$697M	$770M	$850M	$938M	$1B	$10B
DCF		$386M	$388M	$389M	$391M	$392M	$393M	$395M	$396M	$398M	$399M	$4B
Value	$7.9B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	4%	5%	4%	6%	5%	4%	5%	10%	6%	5%	4%
ROA	-	9%	11%	12%	10%	10%	9%	10%	11%	10%	9%
ROE	-	12%	11%	16%	13%	13%	13%	22%	14%	12%	10%

Bad Net Margins (4.26%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	8.14	3.79	3.34	4.34	3.71	2.65	6.55	3.97	2.52	2.71
Debt over Equity	0.68	0.96	0.74	0.58	0.95	0.76	0.66	0.56	0.56	0.55	0.59
Growth Stability	-	-	-	100%	100%	100%	100%	100%	100%	75%	75%

Neutral Debt/FCF ratio (2.71)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.59)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (75%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	11%	18%	8%	29%	15%	1%	1%	14%	-3%	3%
Earnings YoY growth	-	27%	-0%	62%	0%	11%	15%	105%	-35%	-18%	2%
Equity YoY growth	-	24%	11%	14%	19%	16%	15%	18%	2%	-0%	6%
FCF YoY growth	-	22%	82%	2%	50%	8%	40%	-59%	70%	54%	2%