ADP

Nasdaq

AUTOMATIC DATA PROCESSING INC

Industrials, Human Resource & Employment Services

$271.32

close 7 Aug 2026

-10.67%

52-week change

$107.93B

market cap

$188.16

$310.08

52-week range

Expected price

$299.97 – $366.63

Current price

$271.32

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)24.80x

P/S (TTM)4.92x

P/B17.90x

EV/EBITDA (TTM)16.04x

FCF yield (TTM)4.86%

PEG (TTM, GAAP)2.47

Context

P/E, own 5-year average29.82x

P/E, sector median29.72x*

Price at 5-year median P/E$332.68*

Indicated dividend yield2.51%

Forward — analyst consensus

Forward P/E (FY2027)22.14x*

Forward P/E (FY2028)20.25x

Forward PEG2.38*

Consensus EPS FY2027 (17 analysts)$12.26

EPS growth (FY2027→FY2028)9.31%

Revenue growth (FY2027)5.82%

Street view

Price target (mean)$286.67*

Target upside5.66%

Ratings (buy / hold / sell)4 / 12 / 2

FY2027 EPS revisions, 30d (up / down)5 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +12.47%10Y CAGR +11.74%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$271.32

Cash & equivalents$4.23B

Total debt$4.97B

Shares outstanding397.80M

Result

DCF price per share$532.64

Current price$271.32

Margin of safety+96.32%

PV of years 1–10$66.00B

PV of terminal value$146.62B

Equity value$211.89B

Market-implied growth+3.86%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2027	2028	2029	2030	2031	2032	2033	2034	2035	2036	Terminal
Growth, %											2.5
FCF	$5.90B	$6.63B	$7.46B	$8.39B	$9.44B	$10.62B	$11.94B	$13.43B	$15.10B	$16.99B	$316.55B
PV	$5.46B	$5.69B	$5.92B	$6.17B	$6.42B	$6.69B	$6.97B	$7.25B	$7.55B	$7.87B	$146.62B

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026