NYSE: RHI · Staffing & Employment Services

Robert Half (RHI) fair value: undervalued or overvalued?

As of 3 Oct 2026, Faircurve's model values Robert Half (RHI) at $32.92 a share. The stock last closed at $36.12, which puts the model's fair value 8.9% below the price. On the model's bands that reads as Fairly valued.

Revalued . Price is the close of 2 Oct 2026. Robert Half Inc.

Model fair value$32.92midpoint of 2,000 simulations
Last close$36.12NYSE: RHI
Gap to fair value-8.9%fair value against price
Model verdictFairly valuedevidence grade: Medium

Faircurve Insights · 3 Oct 2026

Robert Half Inc. provides talent solutions and business consulting services in the United States and internationally. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments.

Faircurve's model found a fair value of $32.92 a share for Robert Half Inc. on 3 Oct 2026, the midpoint of 2,000 simulations. The previous run on 26 Sep 2026 gave $33.71, and the fair value moved -2.3%. The calibrated range over 63 trading days is $27.47 to $39.91, built from the fair value. Ranges built this way held the price 60% of the time at this horizon, and the model's evidence grade is Medium.

The overall quality score for Robert Half Inc. is 32 out of 100 against comparable companies. The model compares it with Korn Ferry, ManpowerGroup Inc., Insperity, Inc., Upwork Inc., and Paychex, Inc. The median size of moves around the last 8 earnings reports, ignoring direction, was 10.6%.

Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.

What price range does the model give RHI?

The calibrated range for RHI over 63 trading days is $27.47 to $39.91. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The model's own simulated range, from the 20th to the 80th percentile of its runs, is $23.59 to $45.42. In 41% of the simulations the fair value came out above the price the model ran on.

$15.78$72.48
Spread of the 2,000 simulated fair values. Solid line: the midpoint, $32.92. Dashed line: the last close, $36.12.

How does RHI score on business quality?

Robert Half's overall quality score is 32 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.

FactorScore (0 to 100)Headline measurePeer median
ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend.10.6%ROIC18.4%
Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash).881.87xFCF / net income1.17x
Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions.18-7.2%Revenue growth, trailing3.9%
Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks.330.8%Net buybacks / market value2.2%
Balance sheetNet debt to EBITDA and interest coverage.50-0.56xNet debt / EBITDA0.50x
StabilityDownside volatility of the EBITDA margin over the last five years.172.6 ptsEBITDA margin downside volatility, 5y1.6 pts

How does RHI compare with similar companies?

The companies in staffing & employment services closest to Robert Half in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
KFY Korn Ferry$71.92$82.15+14.2%Fairly valued
MAN ManpowerGroup Inc.$54.16$52.07-3.9%Fairly valued
NSP Insperity, Inc.$46.48$46.03-1.0%Fairly valued
UPWK Upwork Inc.$8.05$9.15+13.7%Fairly valued
PAYX Paychex, Inc.$98.94$93.68-5.3%Fairly valued

All staffing & employment services stocks ranked by gap to fair value

When does RHI report earnings, and how has the stock reacted?

Robert Half's next earnings report is scheduled for 28 Oct 2026. Companies can move their dates.

How RHI moved around its last 8 earnings reports

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 10.6%.

Report dateTwo session move
23 Jul 2026-13.3%
23 Apr 2026-13.1%
29 Jan 2026+28.4%
22 Oct 2025-5.5%
23 Jul 2025-6.6%
23 Apr 2025-19.7%
29 Jan 2025-8.2%
22 Oct 2024+3.1%

Robert Half at a glance

Robert Half Inc. provides talent solutions and business consulting services in the United States and internationally. The company operates through three segments: Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti.

Market value
$3.7B
Sector
Industrials
Industry
Staffing & Employment Services
Revenue expected, next twelve months
$5.5B
Consensus revenue growth, next fiscal year
-1.3%
Analysts with estimates
7
Beta to the US market
0.20
First valued by Faircurve
11 Jul 2026

How the fair value is worked out: the model prices Robert Half on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.

What changed in the latest valuation?

On 26 Sep 2026 the model's fair value for RHI was $33.71. As of 3 Oct 2026 it is $32.92, a change of -2.3%. The model revalues every stock it covers each week, and again after an earnings report.

Questions about Robert Half's valuation

Is Robert Half stock undervalued or overvalued?

On Faircurve's model, RHI reads as Fairly valued as of 3 Oct 2026. The model's fair value is $32.92 a share against a last close of $36.12, a gap of -8.9%.

What is RHI's fair value?

$32.92 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $23.59 to $45.42.

What price range does the model give RHI?

$27.47 to $39.91 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.

When does Robert Half report earnings next?

The next report is scheduled for 28 Oct 2026. Companies can move their dates.

How much has RHI moved on past earnings reports?

Across its last 8 reports the median two session move was 10.6%, ignoring direction. The largest was +28.4% around the report of 29 Jan 2026.

How confident is the model in this valuation?

The model's evidence grade for RHI is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.

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