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Automatic Data Processing Inc (ADP)

Services-Computer Processing & Data Preparation

Latest Price
$286.08
TTM P/E
26.69
Normalized P/E
31.30
TTM Div Yield
2.32%
Fwd Div Yield
2.32%
Book Value
15.77
P/B Ratio
18.14

Valuation metrics

adjust assumptions →
EPS: $10.94
Book value / share: $15.16
Formula: √(22.5 × EPS × BVPS)
Graham Number
$61.09
79% downside
Norm. op. income: $4.7B (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$88.98
69% downside
Base FCF: $4.0B (median of recent 5yr)
Growth: 6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$183.34
36% downside
EPS: $10.94
Target P/E: 31×
Formula: EPS × P/E
P/E Fair Value
$339.14
+19% upside

Institutional Ownership

90.4% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.36.16M$8.10B9.09%+657.4K2026-06-30
Vanguard Capital Management LLC26.10M$5.84B6.56%-54.9K2026-06-30
State Street Corp20.39M$4.60B5.13%+1.06M2026-06-30
Invesco Ltd.13.56M$3.04B3.41%+9.35M2026-06-30
Charles Schwab Investment Management Inc12.73M$2.85B3.20%+1.17M2026-06-30
Sixth Street Partners Management Company, L.P.12.73M$2.85B3.20%--2026-06-30
Geode Capital Management, LLC11.96M$2.68B3.01%-38.2K2026-06-30
Vanguard Portfolio Management LLC10.54M$2.36B2.65%-510.7K2026-06-30
Wellington Management Group LLP10.03M$2.25B2.52%-75.2K2026-06-30
Morgan Stanley8.36M$1.87B2.10%+1.97M2026-06-30
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