
Paycom Software Inc.
PAYC 209.22 (-1.30%) 2.72
11.69(B)
Industrials
Professional Services
Holdings:
Shares:
Cost basis:
Paycom Software Inc. (PAYC) price target and intrinsic value estimate
PAYC's fair price estimate is $168.2
This valuation is based on a fair P/E of 17.9 and EPS estimates of $9.39
The median analyst price target for PAYC is $220.0.
Analyst price targets range from $185.0 to $278.0
Is PAYC overvalued or undervalued?
PAYC is currently trading at $209.22
PAYC is overvalued by 24% using the pevaluation method.
PAYC is undervalued by 5% compared to median analyst price targets.
Do you agree with this valuation?
Valuation
PEvaluation
Current price
$209.22
Fairly valued
Low
$126
Median
$168
High
$210
Fair P/E
Margin of safety
Analyst valuation
Current price
$209.22
Fairly valued
Low
$185
Median
$220
High
$278
Discounted cash-flow
N/A
Negative FCF or FCF estimates
Negative FCF or FCF estimates
Discount
rate10%
rate10%
Terminal
rate5%
rate5%
Growth p.
length5y
length5y
Growth p.
rate10%
rate10%
Economic moat: Medium
Overview
Market data
Market cap:$11.69(B)
Enterprise value:$11.45(B)
Total Equity:$1.46(B)
Shares outstanding:55.89(M)
Div. yield:0.72%
P/S:6.49
P/E:25.15
P/FCF:36.77
P/B:7.77
EPS:$8.3
FCF per share:$5.7
Dividend per share:$1.5
Income (TTM)
Revenue$1.82(B)
Gross profit$1.56(B)
EBITDA$667.80(M)
Net income$470.19(M)
Gross margin85.6%
Net margin25.8%
Balance sheet
Total assets$3.49(B)
Total liabilities$2.03(B)
Cash & Short-term inv.$325.76(M)
Long-term debt$0
Debt issued$0
Debt repaid$-29.00(M)
Cash flow (TTM)
FCF$309.55(M)
CapEx$-198.43(M)
Dividends paid$-85.16(M)
Stock issued$0
Stock repurchased$-350.15(M)
Stock-based comp.$-8.59(M)
Future Growth
Revenue
CAGR: 9.0%FY+1$1.87(B)
FY+2$2.05(B)
FY+3$2.25(B)
FY+4$2.45(B)
FY+5$2.64(B)
Net Income
CAGR: 16.0%FY+1$442.58(M)
FY+2$485.95(M)
FY+3$540.64(M)
FY+4$688.00(M)
FY+5$802.00(M)
EPS
CAGR: 16.5%FY+1$7.85
FY+2$8.61
FY+3$9.59
FY+4$12.36
FY+5$14.44
FCF per share
CAGR: 8.5%FY+1$8.96
FY+2$9.94
FY+3$10.54
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Historical Financials
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Income
RevenueNet IncomeCOGSGross ProfitTotal OpEx.R&DSG&AOperating IncomeInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow
FCFCFONet IncomeD&AStock-based Comp.CFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
Total AssetsTotal LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EGoodwillCurrent liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Shares outstanding
Shares (Basic)Shares (Diluted)
Per share data
EPS (Basic)EPS (Diluted)FCF/ShareDividend/ShareBook value/Share
Ratios
P/EP/FCFP/BP/SEV/EarningsEV/FCFDebt/EquityPayout ratio
Margins
Net Income MarginOperating MarginGross MarginEBITDA MarginFCF Margin
Returns
ROICROAROCEROE
Market Cap.
Market Cap.