Company Valuation: Paychex, Inc.

Data adjusted to current consolidation scope
Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 44,705 37,824 43,253 56,878 34,747 39,738 - -
Change - -15.39% 14.35% 31.5% -38.91% 14.36% - -
Enterprise Value (EV) 1 44,279 37,037 42,568 60,181 38,179 42,819 42,516 42,167
Change - -16.36% 14.93% 41.38% -36.56% 12.15% -0.71% -0.82%
P/E 32.2x 24.4x 25.7x 34.5x 19.8x 20.3x 18.5x 17x
PBR 14.4x 10.8x 11.4x 13.8x 9.23x 10.3x 9.72x 9.02x
PEG - 2x 2.99x -17.9x 2.93x 1.6x 1.93x 1.91x
Capitalization / Revenue 9.69x 7.55x 8.19x 10.2x 5.34x 5.79x 5.49x 5.22x
EV / Revenue 9.6x 7.4x 8.06x 10.8x 5.86x 6.24x 5.87x 5.54x
EV / EBITDA 21.6x 16.7x 17.8x 23.7x 12.6x 13.3x 12.3x 11.7x
EV / EBIT 24.1x 18.2x 19.2x 25.4x 13.6x 14.2x 13.3x 12.4x
EV / FCF 32.3x 23.5x 24.5x 34.2x 16.4x 18.7x 16.8x 15.5x
FCF Yield 3.1% 4.25% 4.08% 2.92% 6.08% 5.35% 5.94% 6.46%
Dividend per Share 2 2.77 3.26 3.65 4.02 4.43 4.86 5.264 5.583
Rate of return 2.24% 3.11% 3.04% 2.55% 4.57% 4.35% 4.72% 5%
EPS 2 3.84 4.3 4.67 4.58 4.89 5.502 6.03 6.567
Distribution rate 72.1% 75.8% 78.2% 87.8% 90.6% 88.3% 87.3% 85%
Net sales 1 4,612 5,007 5,278 5,572 6,512 6,864 7,240 7,610
EBITDA 1 2,050 2,212 2,389 2,540 3,022 3,230 3,455 3,614
EBIT 1 1,840 2,033 2,214 2,370 2,815 3,005 3,201 3,391
Net income 1 1,393 1,557 1,690 1,657 1,760 1,963 2,142 2,342
Net Debt 1 -426.2 -787 -685.5 3,304 3,432 3,081 2,778 2,429
Reference price 2 123.83 104.93 120.16 157.91 96.98 111.63 111.63 111.63
Nbr of stocks (in thousands) 361,017 360,467 359,963 360,191 358,291 355,980 - -
Announcement Date 6/29/22 6/29/23 6/26/24 6/25/25 6/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.29x6.24x13.25x4.35% 39.74B
32.96x5.84x22.35x0.14% 162B
23.61x4.84x16.16x2.48% 114B
11.05x3.57x7.82x1.52% 7.48B
17.67x0.31x7.86x4.75% 6.82B
20.12x3.75x11.86x1.75% 4.87B
11.66x0.26x7.03x4.62% 4.41B
13.77x0.34x5.68x4.4% 4.16B
13.21x1.16x6.72x3.03% 3.98B
26.34x0.57x11.86x7.12% 3.35B
Average 19.07x 2.69x 11.06x 3.42% 35.17B
Weighted average by Cap. 26.76x 5.14x 17.90x 1.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Paychex, Inc.

Historical PBR trend

Valuation ratios - PBR - Paychex, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Paychex, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Paychex, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Paychex, Inc.
  1. Stock Market
  2. Stocks
  3. PAYX Stock
  4. Valuation Paychex, Inc.