Paylocity Holding Statistics
Total Valuation
PCTY has a market cap or net worth of $8.07 billion. The enterprise value is $7.62 billion.
| Market Cap | 8.07B |
| Enterprise Value | 7.62B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
PCTY has 56.43 million shares outstanding. The number of shares has increased by 0.87% in one year.
| Shares Outstanding | 56.43M |
| Shares Change (YoY) | +0.87% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | 20.55% |
| Owned by Institutions (%) | 83.03% |
| Float | 44.74M |
Valuation Ratios
The trailing PE ratio is 41.55 and the forward PE ratio is 21.87. PCTY's PEG ratio is 1.48.
| PE Ratio | 41.55 |
| Forward PE | 21.87 |
| PS Ratio | 5.96 |
| Forward PS | 5.19 |
| PB Ratio | 7.34 |
| P/FCF Ratio | 27.09 |
| PEG Ratio | 1.48 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.91, with an EV/FCF ratio of 25.60.
| EV / Earnings | 39.05 |
| EV / Sales | 5.63 |
| EV / EBITDA | 22.91 |
| EV / EBIT | 29.26 |
| EV / FCF | 25.60 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.04.
| Current Ratio | 1.13 |
| Quick Ratio | 0.14 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.15 |
| Debt / FCF | 0.16 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 20.40% and return on invested capital (ROIC) is 16.09%.
| Return on Equity (ROE) | 20.40% |
| Return on Assets (ROA) | 4.70% |
| Return on Capital (ROIC) | 16.09% |
| Revenue Per Employee | $221,915 |
| Profits Per Employee | $32,000 |
| Employee Count | 6,100 |
| Asset Turnover | 0.32 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, PCTY has paid $65.30 million in taxes.
| Income Tax | 65.30M |
| Effective Tax Rate | 25.07% |
Stock Price Statistics
The stock price has decreased by -36.46% in the last 52 weeks. The beta is 0.93, so PCTY's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | -36.46% |
| 50-Day Moving Average | 146.22 |
| 200-Day Moving Average | 160.94 |
| Relative Strength Index (RSI) | 53.28 |
| Average Volume (20 Days) | 576,374 |
Short Selling Information
The latest short interest is 2.67 million, so 4.73% of the outstanding shares have been sold short.
| Short Interest | 2.67M |
| Short Previous Month | 2.66M |
| Short % of Shares Out | 4.73% |
| Short % of Float | 5.97% |
| Short Ratio (days to cover) | 4.05 |
Income Statement
In the last 12 months, PCTY had revenue of $1.35 billion and earned $195.20 million in profits. Earnings per share was $3.44.
| Revenue | 1.35B |
| Gross Profit | 932.13M |
| Operating Income | 246.54M |
| Pretax Income | 260.50M |
| Net Income | 195.20M |
| EBITDA | 332.67M |
| EBIT | 260.50M |
| Earnings Per Share (EPS) | $3.44 |
Balance Sheet
The company has $492.70 million in cash and $48.89 million in debt, giving a net cash position of $443.81 million or $7.86 per share.
| Cash & Cash Equivalents | 492.70M |
| Total Debt | 48.89M |
| Net Cash | 443.81M |
| Net Cash Per Share | $7.86 |
| Equity (Book Value) | 1.10B |
| Book Value Per Share | 19.48 |
| Working Capital | 481.34M |
Cash Flow
In the last 12 months, operating cash flow was $381.36 million and capital expenditures -$83.62 million, giving a free cash flow of $297.73 million.
| Operating Cash Flow | 381.36M |
| Capital Expenditures | -83.62M |
| Free Cash Flow | 297.73M |
| FCF Per Share | $5.28 |
Margins
Gross margin is 68.86%, with operating and profit margins of 18.21% and 14.42%.
| Gross Margin | 68.86% |
| Operating Margin | 18.21% |
| Pretax Margin | 19.24% |
| Profit Margin | 14.42% |
| EBITDA Margin | 24.57% |
| EBIT Margin | 19.24% |
| FCF Margin | 21.99% |
Dividends & Yields
PCTY does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.87% |
| Shareholder Yield | -0.87% |
| Earnings Yield | 2.42% |
| FCF Yield | 3.69% |
Analyst Forecast
The average price target for PCTY is $184.63, which is 29.17% higher than the current price. The consensus rating is "Buy".
| Price Target | $184.63 |
| Price Target Difference | 29.17% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 14.97% |
| EPS Growth Forecast (5Y) | n/a |
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
PCTY has an Altman Z-Score of 2 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2 |
| Piotroski F-Score | 8 |