NASDAQ
PCTY
Last Price
US $104.53
KEY FIGURES
MKT CAP
$5.7B
EPS
TTM
$4.75
PEG
TTM
1.36x
P/E
TTM
22.44x
P/S
TTM
3.57x
YIELD
0.00%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
22.36%
Return on equity
ROIC: 18.25%
Valuation History
22.4X
Price to Earnings
EV/EBITDA: 11.6X
Cash flow
Profit margin
23.23%
(FY vs FY)
EBITDA Y/Y
32.29%
(FY vs FY)
Cash flow Y/Y
29.15%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $104.53
10.20%
Default assumptions
EBITDA Multiple
Fair Value
Market $104.53
-47.12%
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 191.94% 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 0.11, 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 risk - Healthy debt to equity ratio development.
Paylocity Holding Corporation's debt has increased relative to shareholder equity from 0.05 last year to 0.11 today, signaling weakened 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.
Paylocity Holding Corporation interest expense data unavailable for the most recent period; interest coverage ratio cannot be reliably computed.
Financial stability - Profit margin growth.
Paylocity Holding Corporation's profit margin has increased (1.33%) in the last year from 14.74% to 14.94%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Paylocity Holding Corporation's short-term assets of $3.31G exceed its short-term liabilities of $2.91G
Decreasing performance - ROA.
Paylocity Holding Corporation's return on assets of 4.74% is lower than the 5.00% threshold, indicating inefficient asset utilization
Increasing performance - Absolute return on equity.
Paylocity Holding Corporation's return on equity of 22.36%, 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 6.02%, 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 9.85% since last year from $206.77M to $227.13M, signaling increasing performance
Increasing performance - Healthy revenue growth.
Paylocity Holding Corporation's yearly revenue has increased 13.74% since last year from $1.40G to $1.60G, signaling increasing performance
Increasing performance - ROIC.
ROIC 18.25% (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 23.22% 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
Undervalued - DCF valuation.
Paylocity Holding Corporation is undervalued relative to its fair value price of 115.19 based on Discounted Cash Flow model
Undervalued - Earnings yield.
Paylocity Holding Corporation has an earnings yield of 4.47%, which is above the 4.00% threshold, indicating the stock offers reasonable value 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 11.57x, 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
Undervalued - P/B ratio.
Paylocity Holding Corporation has a price-to-book ratio of 4.89x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Paylocity Holding Corporation has a price-to-sales ratio of 3.30x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue