Paycom Software, Inc. (PAYC)

NYSE: PAYC · IEX Real-Time Price · USD
199.01
+1.79 (0.91%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

PAYC has a market cap or net worth of $11.26 billion. The enterprise value is $10.96 billion.

Market Cap 11.26B
Enterprise Value 10.96B

Important Dates

The next estimated earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Mar 1, 2024

Share Statistics

PAYC has 57.55 million shares outstanding. The number of shares has decreased by -0.35% in one year.

Shares Outstanding 57.55M
Shares Change (YoY) -0.35%
Shares Change (QoQ) -0.41%
Owned by Insiders (%) 12.85%
Owned by Institutions (%) 80.65%
Float 49.17M

Valuation Ratios

The trailing PE ratio is 33.85 and the forward PE ratio is 25.32. PAYC's PEG ratio is 2.08.

PE Ratio 33.85
Forward PE 25.32
PS Ratio 6.65
Forward PS 5.89
PB Ratio 8.64
P/FCF Ratio 38.47
PEG Ratio 2.08
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.63, with an EV/FCF ratio of 37.47.

EV / Earnings 32.16
EV / Sales 6.47
EV / EBITDA 18.63
EV / EBIT 23.11
EV / FCF 37.47

Financial Position

The company has a current ratio of 1.11, with zero debt.

Current Ratio 1.11
Quick Ratio 0.12
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 246.15

Financial Efficiency

Return on equity (ROE) is 24.90% and return on invested capital (ROIC) is 24.99%.

Return on Equity (ROE) 24.90%
Return on Assets (ROA) 8.40%
Return on Capital (ROIC) 24.99%
Revenue Per Employee $231,756
Profits Per Employee $46,632
Employee Count 7,308
Asset Turnover 0.42
Inventory Turnover 184.81

Taxes

In the past 12 months, PAYC has paid $131.61 million in taxes.

Income Tax 131.61M
Effective Tax Rate 27.86%

Stock Price Statistics

The stock price has decreased by -27.11% in the last 52 weeks. The beta is 1.17, so PAYC's price volatility has been higher than the market average.

Beta (1Y) 1.17
52-Week Price Change -27.11%
50-Day Moving Average 189.59
200-Day Moving Average 241.49
Relative Strength Index (RSI) 64.67
Average Volume (30 Days) 870,945

Short Selling Information

The latest short interest is 2.11 million, so 3.67% of the outstanding shares have been sold short.

Short Interest 2.11M
Short Previous Month 2.26M
Short % of Shares Out 3.67%
Short % of Float 4.29%
Short Ratio (days to cover) 2.30

Income Statement

In the last 12 months, PAYC had revenue of $1.69 billion and earned $340.79 million in profits. Earnings per share was $5.88.

Revenue 1.69B
Gross Profit 1.42B
Operating Income 451.32M
Pretax Income 472.40M
Net Income 340.79M
EBITDA 588.27M
EBIT 474.33M
Earnings Per Share (EPS) $5.88
Full Income Statement

Balance Sheet

The company has $294.03 million in cash and no debt, giving a net cash position of $294.03 million or $5.11 per share.

Cash & Cash Equivalents 294.03M
Total Debt n/a
Net Cash 294.03M
Net Cash Per Share $5.11
Equity / Book Value 1.30B
Book Value Per Share 22.64
Working Capital 278.78M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $485.04 million and capital expenditures -$192.47 million, giving a free cash flow of $292.57 million.

Operating Cash Flow 485.04M
Capital Expenditures -192.47M
Free Cash Flow 292.57M
FCF Per Share $5.07
Full Cash Flow Statement

Margins

Gross margin is 83.69%, with operating and profit margins of 26.65% and 20.12%.

Gross Margin 83.69%
Operating Margin 26.65%
Pretax Margin 27.89%
Profit Margin 20.12%
EBITDA Margin 34.73%
EBIT Margin 28.01%
FCF Margin 17.27%

Dividends & Yields

This stock pays an annual dividend of $1.50, which amounts to a dividend yield of 0.75%.

Dividend Per Share $1.50
Dividend Yield 0.75%
Dividend Growth (YoY) n/a
Years of Dividend Growth 1
Payout Ratio 25.51%
Buyback Yield 0.35%
Shareholder Yield 1.10%
Earnings Yield 3.03%
FCF Yield 2.60%
Dividend Details

Analyst Forecast

The average price target for PAYC is $240.13, which is 20.66% higher than the current price. The consensus rating is "Hold".

Price Target $240.13
Price Target Difference 20.66%
Analyst Consensus Hold
Analyst Count 21
Revenue Growth Forecast (5Y) 12.02%
EPS Growth Forecast (5Y) 18.29%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

PAYC has an Altman Z-Score of 3.68 and a Piotroski F-Score of 6.

Altman Z-Score 3.68
Piotroski F-Score 6