Mulya.ai
Ticker
ADP
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?7.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.845
Beta (levered) ?0.874
Terminal OM% ?20.9%
Segment conc. ?45% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.72%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

ADP · Automatic Data Processing, Inc.

$223.552026-07-21
Sector: Industrials; Industry: Staffing & Employment Services; Sub-Industry: Human Resource & Employment Services

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$237
+5.9% vs market
Base · active
$212
-5.4% vs market
Bear
$176
-21.1% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $176
Base $212
Market $224
Bull $237
Median $242
Market Price $224
Mulya.ai Base $212
Analysts Median $242
Mulya.ai IV range ($176 · $237)
Analysts Range ($190 · $281)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q3$18.0B26.5%22.7%$3.7B−$1.5B$2.2B7.7%53.3%$6.9B$8.48
2025.Q2$19.2B6.6%27.2%23.4%$4.0B−$2.3B$1.7B8.5%48.4%$9.7B$9.33
2025.Q3$19.2B0.0%27.2%23.2%$4.0B−$2.2B$1.8B8.2%40.9%$10.0B$9.33
2026.Q2$20.6B7.1%27.8%23.0%$4.4B−$1.5B$2.9B8.1%41.8%$11.1B$10.14
2026.Q3$21.6B5.1%20.3%23.3%$3.4B−$748MM$2.6B7.9%31.9%$10.0B$10.8020.5
italics below = DCF projection · 10yr Rev CAGR: 4.6%
2027.Q3$22.9B+6.1%28.0%22.9%$4.9B−$625MM$4.3B7.9%$4.0B47.9%$10.6B$11.6119.3
2028.Q3$24.3B+5.9%28.0%22.6%$5.3B−$646MM$4.6B8.0%$3.9B48.0%$11.3B$12.3418.1
2029.Q3$25.4B+4.8%28.0%22.3%$5.5B−$563MM$5.0B8.1%$3.9B47.8%$11.8B$12.9817.2
2030.Q3$26.5B+4.4%28.0%22.0%$5.8B−$557MM$5.2B8.1%$3.8B47.8%$12.4B$13.6116.4
2031.Q3$27.7B+4.3%28.0%21.6%$6.1B−$574MM$5.5B8.2%$3.7B47.8%$13.0B$14.2515.7
Term. Yr+$35.3B4.1%20.9%20.0%$5.9B−$1.0B$4.9B8.6%$49.1B23.6%
Active scenario IV: $212 (-5.4% vs market)