TrueBlue Inc
TrueBlue, Inc. (TrueBlue) is a provider of temporary blue-collar staffing services. The Company has a network of 691 branches in all 50 states, Puerto Rico and Canada, which supply its customers with temporary workers. It operates as Labor Ready for general labor, Spartan Staffing for light industrial services, CLP Resources for skilled trades, PlaneTechs for aviation and diesel mechanics and technicians, and Centerline Drivers for dedicated and temporary drivers to the transportation and distribution industries. In June 2013, Trueblue Inc acquired the assets of Crowley Transportation Services. On September 30, 2013, the Company acquired The Work Connection (TWC).
Current Price
$5.65
+0.18%GoodMoat Value
$84.84
1401.6% undervaluedTrueBlue Inc (TBI) Stock Analysis
TBI Financial Charts
FCF vs CAPEX
Cash vs Debt
Net Cash: 37M
Revenue
2.4B
FY19
1.8B
FY20
2.2B
FY21
2.3B
FY22
1.9B
FY23
1.6B
FY24
1.6B
FY25
Net Income
63M
FY19
—
FY20
62M
FY21
62M
FY22
—
FY23
—
FY24
—
FY25
TBI 52-Week Range
TBI's revenue grew at a -6.2% CAGR over the last 6 years.
TrueBlue Inc (TBI) Financial Summary
TrueBlue Inc (TBI) is a Industrials company in the Staffing & Employment Services industry, listed on NYSE. The stock currently trades at $5.65 with a market capitalization of $169.85M.
Key valuation metrics include a P/E ratio of -3.18, price-to-book ratio of 0.62, and EPS of $-1.61. The company reports a profit margin of -3.2% and return on equity of -19.5%.
TBI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $169.85M |
| P/E Ratio | -3.18 |
| EPS | $-1.61 |
| P/B Ratio | 0.62 |
| P/S Ratio | 0.10 |
| Profit Margin | -3.2% |
| Return on Equity | -19.5% |
| Debt/Equity | 0.45 |
TBI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $2.37B | $63.07M |
| FY20 | $1.85B | $-141.84M |
| FY21 | $2.17B | $61.63M |
| FY22 | $2.25B | $62.27M |
| FY23 | $1.91B | $-14.17M |
| FY24 | $1.57B | $-125.75M |
| FY25 | $1.62B | $-47.96M |
TrueBlue Inc (TBI) Valuation
Based on GoodMoat's DCF model, TrueBlue Inc has a fair value estimate of $84.84. At the current price of $5.65, the stock appears 93.3% undervalued relative to our intrinsic value estimate.
TBI Quality Indicators
TrueBlue Inc maintains a profit margin of -3.2% and an operating margin of -2.9%. Return on equity stands at -19.5%. The current ratio is 2.15. Debt-to-equity ratio is 0.45.
About TrueBlue Inc
TrueBlue, Inc. (TrueBlue) is a provider of temporary blue-collar staffing services. The Company has a network of 691 branches in all 50 states, Puerto Rico and Canada, which supply its customers with temporary workers. It operates as Labor Ready for general labor, Spartan Staffing for light industrial services, CLP Resources for skilled trades, PlaneTechs for aviation and diesel mechanics and technicians, and Centerline Drivers for dedicated and temporary drivers to the transportation and distribution industries. In June 2013, Trueblue Inc acquired the assets of Crowley Transportation Services. On September 30, 2013, the Company acquired The Work Connection (TWC).
TBI Free Cash Flow
TrueBlue Inc generated $-73.72M in trailing twelve-month free cash flow, representing an FCF yield of -43.40%. This low FCF yield may reflect heavy reinvestment or growth spending.
TBI Shares Outstanding
TrueBlue Inc has 0.03 billion shares outstanding at a share price of $5.65, giving it a market capitalization of $169.85M.