Paylocity Holding Statistics
Total Valuation
PCTY has a market cap or net worth of $8.85 billion. The enterprise value is $8.56 billion.
| Market Cap | 8.85B |
| Enterprise Value | 8.56B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, after market close.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
PCTY has 56.33 million shares outstanding. The number of shares has increased by 0.67% in one year.
| Shares Outstanding | 56.33M |
| Shares Change (YoY) | +0.67% |
| Shares Change (QoQ) | -0.05% |
| Owned by Insiders (%) | 20.59% |
| Owned by Institutions (%) | 80.38% |
| Float | 43.88M |
Valuation Ratios
The trailing PE ratio is 53.06 and the forward PE ratio is 25.18. PCTY's PEG ratio is 1.48.
| PE Ratio | 53.06 |
| Forward PE | 25.18 |
| PS Ratio | 6.87 |
| Forward PS | 5.92 |
| PB Ratio | 9.00 |
| P/FCF Ratio | 33.50 |
| PEG Ratio | 1.48 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.67, with an EV/FCF ratio of 32.31.
| EV / Earnings | 51.12 |
| EV / Sales | 6.63 |
| EV / EBITDA | 28.67 |
| EV / EBIT | 37.01 |
| EV / FCF | 32.31 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.05.
| Current Ratio | 1.11 |
| Quick Ratio | 0.12 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.17 |
| Debt / FCF | 0.19 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 19.20% and return on invested capital (ROIC) is 15.39%.
| Return on Equity (ROE) | 19.20% |
| Return on Assets (ROA) | 4.20% |
| Return on Capital (ROIC) | 15.39% |
| Revenue Per Employee | $211,845 |
| Profits Per Employee | $27,460 |
| Employee Count | 6,100 |
| Asset Turnover | 0.32 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, PCTY has paid $63.90 million in taxes.
| Income Tax | 63.90M |
| Effective Tax Rate | 27.61% |
Stock Price Statistics
The stock price has decreased by -14.74% in the last 52 weeks. The beta is 0.86, so PCTY's price volatility has been lower than the market average.
| Beta (1Y) | 0.86 |
| 52-Week Price Change | -14.74% |
| 50-Day Moving Average | 167.22 |
| 200-Day Moving Average | 176.25 |
| Relative Strength Index (RSI) | 36.37 |
| Average Volume (30 Days) | 463,827 |
Short Selling Information
The latest short interest is 2.74 million, so 4.87% of the outstanding shares have been sold short.
| Short Interest | 2.74M |
| Short Previous Month | 2.69M |
| Short % of Shares Out | 4.87% |
| Short % of Float | 6.25% |
| Short Ratio (days to cover) | 7.21 |
Income Statement
In the last 12 months, PCTY had revenue of $1.29 billion and earned $167.50 million in profits. Earnings per share was $2.96.
| Revenue | 1.29B |
| Gross Profit | 890.97M |
| Operating Income | 220.62M |
| Pretax Income | 231.41M |
| Net Income | 167.50M |
| EBITDA | 298.68M |
| EBIT | 231.41M |
| Earnings Per Share (EPS) | $2.96 |
Balance Sheet
The company has $366.90 million in cash and $50.96 million in debt, giving a net cash position of $315.94 million or $5.61 per share.
| Cash & Cash Equivalents | 366.90M |
| Total Debt | 50.96M |
| Net Cash | 315.94M |
| Net Cash Per Share | $5.61 |
| Equity / Book Value | 986.77M |
| Book Value Per Share | 17.52 |
| Working Capital | 383.83M |
Cash Flow
In the last 12 months, operating cash flow was $341.18 million and capital expenditures -$76.14 million, giving a free cash flow of $265.04 million.
| Operating Cash Flow | 341.18M |
| Capital Expenditures | -76.14M |
| Free Cash Flow | 265.04M |
| FCF Per Share | $4.71 |
Margins
Gross margin is 68.95%, with operating and profit margins of 17.07% and 12.96%.
| Gross Margin | 68.95% |
| Operating Margin | 17.07% |
| Pretax Margin | 17.91% |
| Profit Margin | 12.96% |
| EBITDA Margin | 23.11% |
| EBIT Margin | 17.91% |
| FCF Margin | 20.51% |
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 | -0.67% |
| Shareholder Yield | -0.67% |
| Earnings Yield | 1.89% |
| FCF Yield | 2.98% |
Analyst Forecast
The average price target for PCTY is $198.23, which is 26.21% higher than the current price. The consensus rating is "Buy".
| Price Target | $198.23 |
| Price Target Difference | 26.21% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 16.32% |
| 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 2.25 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.25 |
| Piotroski F-Score | 8 |