NASDAQ
PCTY
Last Price
US $148.28
KEY FIGURES
MKT CAP
$7.9B
EPS
TTM
$4.99
PEG
TTM
1.35x
P/E
TTM
29.73x
P/S
TTM
4.53x
YIELD
0.00%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
20.04%
Return on equity
ROIC: 15.05%
Valuation History
45.1X
Price to Earnings
EV/EBITDA: 23.9X
Cash flow
Profit margin
22.75%
(FY vs FY)
EBITDA Y/Y
37.90%
(FY vs FY)
Cash flow Y/Y
29.15%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $148.28
-22.32%
Default assumptions
EBITDA Multiple
Fair Value
Market $148.28
-62.72%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Paylocity Holding Corporation cash flow to debt ratio of 338.78% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Financial risk - Healthy cash flow growth.
Paylocity Holding Corporation's free cash flow has decreased -6.50% from $366.57M last year to $342.75M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
Paylocity Holding Corporation's debt to equity ratio is 0.10, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
Paylocity Holding Corporation's debt has decreased relative to shareholder equity from 0.18 last year to 0.10 today, signaling strengthened financials
Financial stability - Net debt/EBITDA.
Paylocity Holding Corporation has a net debt to EBITDA ratio of 0.00x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial risk - ICR.
Interest expense is not separately reported in Paylocity Holding Corporation's latest filing, so interest coverage cannot be calculated.
Financial stability - Profit margin growth.
Paylocity Holding Corporation's profit margin has increased (6.95%) in the last year from 14.24% to 15.23%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Paylocity Holding Corporation's short-term assets of $3.72G exceed its short-term liabilities of $3.42G
Increasing performance - ROA.
Paylocity Holding Corporation's return on assets of 5.52% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
Paylocity Holding Corporation's return on equity of 23.44%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
Paylocity Holding Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Paylocity Holding Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Paylocity Holding Corporation has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Paylocity Holding Corporation has a free cash flow yield of 4.32%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Paylocity Holding Corporation's yearly earnings has increased 18.76% since last year from $227.13M to $269.74M, signaling increasing performance
Increasing performance - Healthy revenue growth.
Paylocity Holding Corporation's yearly revenue has increased 11.04% since last year from $1.60G to $1.77G, signaling increasing performance
Increasing performance - ROIC.
ROIC 18.36% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Increasing performance - 3-year revenue CAGR.
Paylocity Holding Corporation's 3-year revenue CAGR of 14.68% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Paylocity Holding Corporation had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Paylocity Holding Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Paylocity Holding Corporation is overvalued relative to its fair value price of 115.19 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Paylocity Holding Corporation has an earnings yield of 3.36%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Paylocity Holding Corporation is overvalued relative to its fair value price of 55.28 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Paylocity Holding Corporation has an EV/EBITDA ratio of 15.61x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Paylocity Holding Corporation has a PEG-ratio over 1 which is considered overvalued
Overvalued - P/B ratio.
Paylocity Holding Corporation has a price-to-book ratio of 6.57x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value
Undervalued - P/S ratio.
Paylocity Holding Corporation has a price-to-sales ratio of 4.53x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue