Paychex Valuation
Is PAYX * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of PAYX * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PAYX * (MX$2285) is trading above our estimate of fair value (MX$2230.57)
Significantly Below Fair Value: PAYX * is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PAYX *?
Other financial metrics that can be useful for relative valuation.
What is PAYX *'s n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | US$45.34b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 8.5x |
Enterprise Value/EBITDA | 19.2x |
PEG Ratio | 4.3x |
Price to Earnings Ratio vs Peers
How does PAYX *'s PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 57.6x | ||
6098 Recruit Holdings | 36.1x | 8.9% | JP¥12.8t |
ADP Automatic Data Processing | 27.4x | 6.8% | US$101.5b |
RAND Randstad | 14.6x | 12.6% | €8.0b |
DAY Dayforce | 152.3x | 38.1% | US$7.9b |
PAYX * Paychex | 27.3x | 6.3% | Mex$45.3b |
Price-To-Earnings vs Peers: PAYX * is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (57.6x).
Price to Earnings Ratio vs Industry
How does PAYX *'s PE Ratio compare vs other companies in the Global Professional Services Industry?
Price-To-Earnings vs Industry: PAYX * is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the Global Professional Services industry average (20.3x).
Price to Earnings Ratio vs Fair Ratio
What is PAYX *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 27.3x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PAYX *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | Mex$2,285.00 | Mex$2,220.89 -2.8% | 4.4% | Mex$2,388.72 | Mex$2,039.60 | n/a | 17 |
Jun ’25 | n/a | Mex$2,054.01 0% | 4.4% | Mex$2,209.23 | Mex$1,886.35 | n/a | 17 |
May ’25 | n/a | Mex$2,050.26 0% | 4.3% | Mex$2,206.79 | Mex$1,884.26 | n/a | 18 |
Apr ’25 | n/a | Mex$2,037.85 0% | 4.7% | Mex$2,185.39 | Mex$1,815.56 | n/a | 18 |
Mar ’25 | n/a | Mex$2,076.39 0% | 4.7% | Mex$2,225.70 | Mex$1,849.05 | n/a | 18 |
Feb ’25 | n/a | Mex$2,057.02 0% | 5.0% | Mex$2,207.97 | Mex$1,783.36 | n/a | 18 |
Jan ’25 | n/a | Mex$2,053.32 0% | 5.2% | Mex$2,208.52 | Mex$1,783.80 | n/a | 17 |
Dec ’24 | n/a | Mex$2,113.80 0% | 6.7% | Mex$2,344.67 | Mex$1,854.74 | n/a | 17 |
Nov ’24 | n/a | Mex$2,195.72 0% | 6.9% | Mex$2,434.51 | Mex$1,925.81 | n/a | 16 |
Oct ’24 | n/a | Mex$2,118.41 0% | 7.1% | Mex$2,335.75 | Mex$1,847.69 | n/a | 16 |
Sep ’24 | n/a | Mex$2,043.09 0% | 7.8% | Mex$2,284.48 | Mex$1,742.98 | n/a | 17 |
Aug ’24 | n/a | Mex$1,991.89 0% | 7.2% | Mex$2,256.92 | Mex$1,721.94 | n/a | 17 |
Jul ’24 | n/a | Mex$2,028.66 0% | 6.9% | Mex$2,311.13 | Mex$1,763.31 | n/a | 17 |
Jun ’24 | n/a | Mex$2,191.58 0% | 7.9% | Mex$2,520.74 | Mex$1,890.56 | n/a | 16 |
May ’24 | n/a | Mex$2,191.58 0% | 7.9% | Mex$2,520.74 | Mex$1,890.56 | n/a | 16 |
Apr ’24 | n/a | Mex$2,209.88 0% | 6.3% | Mex$2,523.14 | Mex$1,964.44 | n/a | 16 |
Mar ’24 | n/a | Mex$2,275.81 0% | 6.3% | Mex$2,614.40 | Mex$2,054.17 | n/a | 16 |
Feb ’24 | Mex$2,256.42 | Mex$2,275.81 +0.9% | 6.3% | Mex$2,614.40 | Mex$2,054.17 | n/a | 16 |
Jan ’24 | Mex$2,318.64 | Mex$2,371.77 +2.3% | 6.0% | Mex$2,717.67 | Mex$2,212.96 | n/a | 16 |
Dec ’23 | Mex$2,318.64 | Mex$2,501.93 +7.9% | 6.1% | Mex$2,781.44 | Mex$2,264.88 | n/a | 16 |
Nov ’23 | Mex$2,318.64 | Mex$2,501.93 +7.9% | 6.1% | Mex$2,781.44 | Mex$2,264.88 | n/a | 16 |
Oct ’23 | Mex$2,318.64 | Mex$2,565.15 +10.6% | 5.6% | Mex$2,824.25 | Mex$2,319.92 | n/a | 16 |
Sep ’23 | Mex$2,318.64 | Mex$2,528.68 +9.1% | 7.8% | Mex$2,982.96 | Mex$2,187.50 | n/a | 16 |
Aug ’23 | Mex$2,318.64 | Mex$2,591.68 +11.8% | 6.9% | Mex$2,876.08 | Mex$2,259.77 | n/a | 16 |
Jul ’23 | Mex$2,318.64 | Mex$2,590.34 +11.7% | 7.6% | Mex$2,915.57 | Mex$2,312.35 | n/a | 16 |
Jun ’23 | Mex$2,318.64 | Mex$2,833.09 +22.2% | 7.9% | Mex$3,341.68 | Mex$2,227.79 | n/a | 16 |
Analyst Forecast: Target price is lower than the current share price.