Process AutomationCorporate Wellness ProgramsEmployee BenefitsHRTechSoftware DevelopmentInsurtechEmployee Assistance Program (EAP)AccountingHuman ResourcesSoftware
Description
Paychex, Inc. (Paychex) operates as a human capital management (HCM) company.
The company delivers a full suite of technology and advisory services in human resources (HR), employee benefit solutions, insurance, and payroll processing. As of May 31,…
Analysis
Middle-of-the-road
Paychex, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is fair. The owner-earnings multiple stands at 19.3×; owner earnings: the cash an owner could take out each year.
Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.
Flags to be aware of: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202379
45
2023202420252026
All-time high
83
Nov 2023
All-time low
16
Jul 2024
Average rank
51
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
17
11
5
13
Price/Earnings
38
38
20
23
Price/Book
11
14
12
14
Dividend Yield
96
100
98
98
Value (overall)
39
33
29
33
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.