Automatic Data Processing Analysis – September 2015 Update $ADP
Automatic Data Processing Inc. qualifies for the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor is concerned by the low current ratio, and the high PEmg and PB ratios, while the Enterprising Investor is only initially concerned by the low current ratio.
Automatic Data Processing Analysis – June 2015 Update $ADP
Automatic Data Processing passes the initial requirements of the Enterprising Investor but not the Defensive Investor. Specifically, the Defensive Investor is concerned by the low current ratio, insufficient earnings growth over the last ten years, and the high PEmg and PB ratios.
Automatic Data Processing Quarterly Valuation – March 2015 $ADP
Automatic Data Processing Inc. is suitable for the Enterprising Investor but not for the Defensive Investor. The Defensive Investor is concerned by the low current ratio, insufficient earnings growth over the last ten years, and the high PEmg and PB ratios, while the Enterprising Investor is only concerned by the low current ratio.
ModernGraham Valuation: Automatic Data Processing (ADP)
Automatic Data Processing fails to qualify for either the Defensive Investor or the Enterprising Investor. The company currently trades at a high PEmg ratio and a high PB ratio, but the most significant issue with the company is the level of current liabilities.
