Valuation Paychex, Inc.

Equities

Delayed Nasdaq Other stock markets 15:59:40 2024-09-17 EDT			5-day change	1st Jan Change
134.89 ^USD	-0.22%		+0.52%	+13.19%

09-12	TD Cowen Raises Price Target on Paychex to $126 From $121	MT
08-20	JPMorgan Adjusts Price Target on Paychex to $128 From $120, Maintains Underweight	MT

Fiscal Period: May	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	25,928	36,447	44,705	37,824	43,253	48,633	-	-
Change	-	40.57%	22.66%	-15.39%	14.35%	12.44%	-	-
Enterprise Value (EV) ¹	25,792	36,212	44,279	37,037	42,568	47,474	46,830	46,372
Change	-	40.4%	22.28%	-16.36%	14.93%	11.53%	-1.36%	-0.98%
P/E ratio	23.8x	33.4x	32.2x	24.4x	25.7x	27.1x	25.6x	24x
PBR	9.32x	12.3x	14.4x	10.8x	11.4x	11.7x	10.5x	9.44x
PEG	-	-101.54x	1.2x	2x	2.99x	4x	4.37x	3.51x
Capitalization / Revenue	6.42x	8.98x	9.69x	7.55x	8.19x	8.79x	8.35x	7.9x
EV / Revenue	6.38x	8.93x	9.6x	7.4x	8.06x	8.59x	8.04x	7.53x
EV / EBITDA	15.4x	21.4x	21.6x	16.7x	17.8x	18.7x	17.5x	16.3x
EV / EBIT	17.7x	24.3x	24.1x	18.2x	19.2x	20.3x	18.8x	17.5x
EV / FCF	19.6x	31.6x	32.3x	23.5x	24.5x	25.1x	21.3x	18.9x
FCF Yield	5.09%	3.16%	3.1%	4.25%	4.08%	3.98%	4.7%	5.29%
Dividend per Share ²	2.48	2.52	2.77	3.26	3.65	3.969	4.111	4.366
Rate of return	3.43%	2.49%	2.24%	3.11%	3.04%	2.94%	3.04%	3.23%
EPS ²	3.04	3.03	3.84	4.3	4.67	4.987	5.278	5.639
Distribution rate	81.6%	83.2%	72.1%	75.8%	78.2%	79.6%	77.9%	77.4%
Net sales ¹	4,040	4,057	4,612	5,007	5,278	5,530	5,824	6,155
EBITDA ¹	1,673	1,692	2,050	2,212	2,389	2,533	2,683	2,846
EBIT ¹	1,460	1,493	1,840	2,033	2,214	2,340	2,487	2,648
Net income ¹	1,098	1,098	1,393	1,557	1,690	1,800	1,910	2,031
Net Debt ¹	-135.6	-234.6	-426.2	-787	-685.5	-1,159	-1,803	-2,261
Reference price ²	72.28	101.14	123.83	104.93	120.16	135.19	135.19	135.19
Nbr of stocks (in thousands)	358,715	360,360	361,017	360,467	359,963	359,742	-	-
Announcement Date	20-07-07	21-06-25	22-06-29	23-06-29	24-06-26	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PAYCHEX, INC.	27.11x	8.59x	18.74x	+2.94%	48.63B
RECRUIT HOLDINGS CO., LTD	34.02x	3.37x	18.82x	+0.29%	91.8B
TRINET GROUP, INC.	21.1x	4.34x	10.55x	+0.38%	4.87B
TECHNOPRO HOLDINGS, INC.	18.21x	1.25x	10.19x	+2.81%	2.14B
MEITEC GROUP HOLDINGS INC.	19.77x	1.52x	10.84x	+5.89%	1.79B
SMS CO., LTD.	22.26x	2.49x	12.73x	+1.25%	1.28B
OPEN UP GROUP INC.	16.75x	0.92x	9.91x	+3.15%	1.27B
BARRETT BUSINESS SERVICES, INC.	18.76x	-	-	+0.84%	961M
KELLY SERVICES, INC.	12.66x	-	-	-	749M
Average	21.18x	3.21x	13.11x	+2.19%	17.06B
Weighted average by Cap.	30.59x	4.99x	18.19x	+1.27%