ASGN Incorporated Common Stock (ASGN)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mr. Market has marked ASGN down from a 52-week high of $54.94 to $19.08 at the 2026-06-18 close, giving a $992 million market cap. On FairStock's calculations, that is 8.48 times earnings, 0.44 times book value, and 7.06 times EV/EBITDA. The Graham Number is $46.83, implying a 59.26% margin of safety. Trailing free cash flow is $290.6 million, a 29.3% FCF yield. Those are numbers that make a Graham-style investor look twice. But ASGN is an IT services firm selling people and expertise to commercial and federal clients. That is a competitive business with little pricing power unless it has specialized talent or entrenched contracts; the latest quarter suggests pressure. In the first quarter of fiscal 2026, revenue was $968.3 million but net income was only $5.5 million, a 0.57% margin. The provided growth figures are negative, and the returns are weak: FairStock shows ROE of 5.48%, ROCE of 4.13%, a debt-to-equity ratio of 0.82, an Altman Z-Score of 1.05, and a Piotroski F-Score of 4/9. FairStock's Lynch category is none because only 0 years of filed results are available and three are needed. So the stock is statistically cheap on assets, earnings, and cash flow, but cheapness is not a moat. The contradiction between $290.6 million of trailing FCF and a $5.5 million quarterly profit needs explaining. If cash flow is durable and margins recover, the price could be a bargain. If the margin collapse is structural and leverage bites, this is a value trap. I see a speculative Graham cigar butt, not a wonderful business.

In plain English: ASGN provides technology services—cloud, data, software, and digital work—to businesses and government agencies. In the first quarter of fiscal 2026, it reported $968.3 million of revenue but only $5.5 million of net income, so profits are very thin. The stock at $19.08 looks inexpensive compared with its earnings, accounting value, and cash flow, but the business has been shrinking and its returns are weak, so it looks more like a cheap, challenged company than a strong one.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-06-18 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer