CBZ - Intrinsic Value and Financial Analysis - CBIZ, Inc.

CBIZ, Inc. CBZ

Industrials - Specialty Business Services - NYSE - US

Watchlist

$ 76.48

-1.78 %

$ 3.84 B

Market Cap

32.27

P/E

BALANCE SHEET

2.04 B ASSETS

Growth Rates

1Year 8.75%

3Years 10.52%

5Years 13.24%

7Years 8.99%

10Years 8.58%

1.25 B LIABILITIES

Growth Rates

1Year 7.40%

3Years 15.57%

5Years 16.27%

7Years 10.10%

10Years 9.12%

792 M EQUITY

Growth Rates

1Year 10.96%

3Years 9.97%

5Years 9.25%

7Years 7.69%

10Years 7.13%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition CBIZ, Inc.

2.04 B ASSETS
1.25 B LIABILITIES

Current Assets	613 M
Cash & Short-Term Investments	8.09 M
Receivables	380 M
Other Current Assets	224 M
Non-Current Assets	1.43 B
Long-Term Investments	5.19 M
PP&E	268 M
Other Non-Current Assets	1.16 B

Current Liabilities	512 M
Accounts Payable	82.8 M
Short-Term Debt	72.6 M
Other Current Liabilities	357 M
Non-Current Liabilities	740 M
Long-Term Debt	515 M
Other Non-Current Liabilities	225 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994
ASSETS
Cash & Cash Equivalents	8.1	4.7	2.0	4.7	0.6	0.6	0.4	3.5	0.8	1.0	0.8	0.9	1.6	0.7	9.3	9.7	12.1	13.0	8.9	5.3	3.8	6.4	4.3	16.0	48.9	50.7	21.1	39.9	3.3	1.4
Short Term Investments	0	0.1	0	0	66 K	0	76 K	4 K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	380.2	334.5	242.2	216.2	222.0	207.3	188.3	175.4	154.6	143.0	138.1	155.0	141.0	216.1	132.1	133.9	118.0	108.5	108.8	107.5	111.2	108.9	117.7	0	0	0	0	0	7.6	10.9
Inventory	0	199.8	188.3	191.4	209.1	188.8	236.1	241.3	201.2	220.0	192.2	182.2	19.8	20.2	28.2	22.5	20.2	20.7	13.1	13.7	14.6	20.5	57.1	0	0	0	0	0	0	0
Other Current Assets	224.4	229.2	207.5	215.6	233.4	215.6	259.4	262.7	217.1	235.3	213.3	194.3	158.7	81.6	129.7	138.1	103.5	106.2	91.4	62.8	55.2	66.9	18.1	0	0	0	0	0	1.4	1.3
Total Current Assets	612.7	568.4	451.7	436.4	456.0	423.5	448.2	441.6	372.5	379.3	350.5	350.2	341.0	338.8	267.8	281.7	249.1	245.1	209.2	184.0	184.8	202.7	197.2	16.0	48.9	50.7	21.1	39.9	12.3	13.6
PP&E	268.0	229.2	194.6	189.2	180.2	34.2	26.1	19.4	20.2	18.5	19.2	20.4	21.8	23.9	26.8	30.8	26.3	29.0	33.5	37.8	40.3	44.6	54.2	0	0	0	0	0	19.5	16.8
Intangible Assets	143.4	131.8	100.0	73.7	66.5	72.7	84.8	96.9	88.0	91.2	84.4	110.5	81.1	0	84.1	89.7	0	0	0	0	0	0	0	281.3	379.9	293.4	89.9	6.0	9.1	9.3
Goodwill	865.2	819.9	740.7	683.1	588.2	564.3	528.4	487.5	447.7	435.2	384.7	440.7	377.3	0	291.1	260.5	269.0	211.9	185.5	172.6	167.3	163.7	247.5	0	0	0	0	0	0	0
Long Term Investments	5.2	7.7	(15.4)	(44.0)	(34.6)	1.1	82.9	67.6	61.2	0	52.0	0	(29.9)	(24.7)	28.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	149.1	97.3	140.9	131.4	109.8	54.5	2.6	2.0	3.9	67.0	6.2	48.3	13.0	(8.9)	13.4	34.8	28.3	25.0	17.2	12.5	5.6	11.5	17.1	368.2	407.4	355.3	197.7	161.3	0.9	0.2
Other Assets	0	0	0	0	0	(85.3)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(16.0)	(48.9)	(50.7)	(21.1)	(39.9)	0	0
Total Assets	2 043.6	1 879.1	1 627.9	1 513.8	1 400.8	1 097.7	1 176.2	1 118.6	998.2	991.2	897.5	970.2	812.4	756.3	712.0	702.6	578.0	518.3	454.6	413.8	402.1	433.1	523.4	649.5	787.3	648.7	287.6	167.3	41.8	39.9
LIABILITIES
Accounts Payable	82.8	80.7	65.8	64.1	68.5	58.6	51.4	45.8	35.6	36.8	37.3	35.4	35.0	30.9	25.7	29.0	27.3	27.7	25.2	24.9	28.5	22.4	21.7	0	0	0	0	0	2.6	4.7
Short Term Debt	72.6	72.7	61.2	30.5	29.0	0	1.9	1.1	0	0.8	1.6	6.2	14.0	50.2	13.6	1.1	11.0	0	0	0	44.9	49.2	37.3	44.1	6.5	0	0	0	2.7	4.8
Other Current Liabilities	354.4	357.4	294.7	280.9	268.3	262.2	276.6	291.6	234.5	255.2	2.5	226.9	77.5	(40.0)	147.0	173.5	9.6	10.9	127.1	81.2	35.0	44.7	36.9	(44.1)	(6.5)	0	0	0	2.8	3.5
Total Current Liabilities	511.9	512.4	423.3	378.3	365.9	321.3	334.2	339.4	271.1	295.2	267.4	269.9	130.4	192.2	189.7	206.8	184.0	175.8	153.4	106.1	108.4	116.4	96.0	44.1	6.5	0	0	0	8.1	13.0
Long Term Debt	514.7	438.1	300.7	251.8	236.9	134.0	179.8	191.8	204.7	139.5	173.8	331.3	264.8	235.5	203.9	225.2	130.1	100.5	32.2	53.9	14.0	17.5	56.0	118.9	145.3	74.6	20.3	3.2	0.6	1.1
Deferred Tax Income	29.3	24.8	15.4	8.8	11.7	6.8	3.3	3.5	4.9	2.9	0	2.3	1.9	0.8	0.2	5.1	5.4	7.3	9.2	0	0	0	0	0	0	0	0	0	2.3	2.4
Other Liabilities	196.0	190.4	199.4	181.1	138.7	134.1	131.3	103.8	87.7	24.9	81.3	71.4	155.2	98.1	20.3	30.0	37.5	18.1	14.3	7.3	1.9	4.9	0.8	143.6	128.9	178.2	119.4	72.8	1.9	2.8
Total Liabilities	1 252.0	1 165.7	923.4	811.1	741.5	589.2	645.4	638.6	570.3	591.4	523.0	674.9	552.2	526.6	441.4	467.1	351.5	301.7	199.9	167.3	124.3	138.8	152.8	262.6	274.2	252.8	139.7	76.0	12.9	19.3
EQUITY
Common Stock	1.4	1.4	1.4	1.3	1.3	1.3	1.3	1.3	1.3	1.2	1.1	1.1	1.1	1.1	1.1	1.1	1.0	1.0	1.0	1.0	1.0	1.0	0.9	0.9	0.9	0	0	0	0	0
Retained Earnings	855.1	734.1	628.8	557.9	479.6	409.0	345.3	294.9	254.9	220.8	191.0	105.1	74.0	46.0	21.5	(4.8)	(37.4)	(72.9)	(94.7)	(113.4)	(129.4)	(144.8)	(67.9)	(51.9)	74.2	65.7	18.4	6.8	0.8	0
Other Accumulative Comprehensive Income/Loss	1.8	3.6	(1.0)	(2.3)	(0.7)	(0.5)	(0.2)	(0.5)	(0.6)	(0.7)	(0.7)	(0.8)	(0.8)	(0.9)	(0.9)	(1.0)	(0.1)	69 K	26 K	14 K	1 K	(0.3)	(0.2)	30 K	0	0	0	0	(12.7)	(12.7)
Total Equity	791.6	713.5	704.5	595.3	535.7	508.5	491.0	471.3	462.2	425.7	397.5	371.1	260.2	229.7	270.6	235.5	226.4	216.6	254.7	246.5	277.8	294.3	370.6	386.9	513.1	395.9	147.9	91.3	28.9	20.6
Total Liabilities and Equity	2 043.6	1 879.1	1 627.9	1 406.4	1 277.2	1 097.7	1 136.4	1 109.9	998.2	991.2	897.5	970.2	812.4	756.3	712.0	702.6	578.0	518.3	454.6	413.8	402.1	433.1	523.4	649.5	787.3	648.7	287.6	167.3	41.8	39.9
SHARES OUTSTANDING
Common Shares Outstanding	50.0	51.5	52.6	54.3	54.3	54.6	53.9	52.3	50.3	48.3	48.6	49.0	49.3	57.7	61.2	61.8	65.1	71.0	74.4	79.2	90.4	94.8	94.8	94.7	86.9	67.9	50.0	15.9	11.2	10.0

Balance Sheet

Premium Plan

Unlimited Plan