TrueBlue, Inc.

TrueBlue, Inc.

TBIยทNYSE

$6.74

+1.3%
IndustrialsStaffing & Employment Services

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers contingent staffing solutions for blue-collar, on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, and general labor industries. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions. This segment also offers on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleScout segment offers permanent employee recruitment process outsourcing services; and manages clients' contingent labor programs comprising vendor selection, performance management, compliance monitoring, and risk management. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington.

At a Glance

Live Snapshot
Market Cap$204.92M
EPS-1.6100
P/E Ratio-4.19
Earnings Date08/03/2026
TrueBlue, Inc.

TrueBlue, Inc. Fair Value Envelope

TBI ยท NYSE

Our analysis suggests that TBI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.74, this represents a potential HIDDEN relative to our calculated worth for TrueBlue, Inc..

Intrinsic Value
Current Price: $6.74

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$52.7M
+ Cash & Equivalents$24.5M
Firm Value-$28.2M
- Debt$170.6M
Equity Value-$198.8M
/ Shares Outstanding29,900,868B
DCF Value-$7
OVERVALUED BY 199%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$29.0M
-$14.5M
-$7.3M
-$3.6M
-$1.8M
-$906.9K
-$453.5K
-$226.7K
-$113.4K
-$56.7K
Maintenance CapEx
-$1.6M
-$783.9K
-$392.0K
-$196.0K
-$98.0K
-$49.0K
-$24.5K
-$12.2K
-$6.1K
-$3.1K
Owner Earnings
-$30.6M
-$15.3M
-$7.6M
-$3.8M
-$1.9M
-$955.9K
-$478.0K
-$239.0K
-$119.5K
-$59.7K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$28.3M
-$13.1M
-$6.1M
-$2.8M
-$1.3M
-$602.4K
-$278.9K
-$129.1K
-$59.8K
-$27.7K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.