Paylocity Holding Valuation
Is PCTY * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
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 PCTY * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PCTY * (MX$2815.5) is trading above our estimate of fair value (MX$2484.68)
Significantly Below Fair Value: PCTY * is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PCTY *?
Key metric: As PCTY * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is PCTY *'s PE Ratio? | |
|---|---|
| PE Ratio | 46.7x |
| Earnings | US$206.77m |
| Market Cap | US$9.65b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.6x |
| Enterprise Value/EBITDA | 32.4x |
| PEG Ratio | 2.9x |
Price to Earnings Ratio vs Peers
How does PCTY *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22x | ||
PAYC Paycom Software | 27.4x | 2.4% | US$12.9b |
RAND Randstad | 16.7x | 18.6% | €7.1b |
RHI Robert Half | 26.6x | 17.3% | US$7.6b |
TNET TriNet Group | 17.5x | 2.8% | US$4.6b |
PCTY * Paylocity Holding | 46.7x | 16.2% | Mex$9.7b |
Price-To-Earnings vs Peers: PCTY * is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the peer average (19.6x).
Price to Earnings Ratio vs Industry
How does PCTY *'s PE Ratio compare vs other companies in the Global Professional Services Industry?
| 20 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 20 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: PCTY * is expensive based on its Price-To-Earnings Ratio (46.7x) compared to the Global Professional Services industry average (20.7x).
Price to Earnings Ratio vs Fair Ratio
What is PCTY *'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 | 46.7x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PCTY *'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?
Analyst Forecast: Insufficient data to show price forecast.