Paychex Inc
NASDAQ:PAYX

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Paychex Inc
NASDAQ:PAYX
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Price: 137.465 USD -0.25% Market Closed
Market Cap: 49.5B USD
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Relative Value

The Relative Value of one PAYX stock under the Base Case scenario is 131.103 USD. Compared to the current market price of 137.465 USD, Paychex Inc is Overvalued by 5%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PAYX Relative Value
Base Case
131.103 USD
Overvaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.4
P/S
P/S
Price to Sales
9.4
vs History
19
vs Industry
14
Median 3Y
8.7
Median 5Y
8.4
Industry
2.4
Forward
8.8
More Details
29.5
P/E
P/E
Price to Earnings
29.5
vs History
39
vs Industry
26
Median 3Y
28
Median 5Y
27.8
Industry
23.2
Forward
27
More Details
28
P/OCF
P/OCF
Price to OCF
28
vs History
25
vs Industry
25
Median 3Y
26.3
Median 5Y
24.4
Industry
17.4
More Details
31.5
P/FCFE
P/FCFE
Price to FCFE
31.5
vs History
25
vs Industry
24
Median 3Y
28.9
Median 5Y
27.6
Industry
21.3
More Details
12.8
P/B
P/B
Price to Book Value
12.8
vs History
30
vs Industry
8
Median 3Y
12.7
Median 5Y
11.9
Industry
2.9
More Details
9.3
EV/S
EV/S
Enterprise Value to Sales
9.3
vs History
17
vs Industry
13
Median 3Y
8.6
Median 5Y
8.3
Industry
2.4
Forward
8.7
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.9
More Details
20.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
20.7
vs History
26
vs Industry
23
Median 3Y
19.6
Median 5Y
19.2
Industry
12.9
Forward
19
More Details
22.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22.7
vs History
33
vs Industry
25
Median 3Y
21.3
Median 5Y
21.1
Industry
16.5
Forward
20.4
More Details
27.7
EV/OCF
EV/OCF
Enterprise Value to OCF
27.7
vs History
25
vs Industry
23
Median 3Y
26
Median 5Y
24.2
Industry
16.3
More Details
31.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
31.1
vs History
19
vs Industry
22
Median 3Y
28.6
Median 5Y
26.8
Industry
19
More Details
5.5
EV/IC
EV/IC
Enterprise Value to IC
5.5
vs History
6
vs Industry
21
Median 3Y
4.9
Median 5Y
4.4
Industry
2.5
More Details

Multiples Across Competitors

PAYX Competitors Multiples
Paychex Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Paychex Inc
NASDAQ:PAYX
49.5B USD 9.4 29.5 20.7 22.7
US
Visa Inc
NYSE:V
617.4B USD 17.5 32.2 24.8 26.4
US
Mastercard Inc
NYSE:MA
481.3B USD 17.9 39.5 28.9 31
US
Automatic Data Processing Inc
NASDAQ:ADP
119.1B USD 6.1 31.2 21 23.5
US
Fiserv Inc
NYSE:FI
117.3B USD 5.8 38.3 15.8 24.5
US
PayPal Holdings Inc
NASDAQ:PYPL
87.4B USD 2.8 19.9 12.7 15.2
US
Block Inc
NYSE:SQ
55B USD 2.3 49 27.9 35.8
NL
Adyen NV
AEX:ADYEN
44.8B EUR 21.9 54.2 43 48.4
US
Fidelity National Information Services Inc
NYSE:FIS
44.1B USD 4.4 31.1 12.4 32
ES
Amadeus IT Group SA
MAD:AMS
29.6B EUR 5 23.4 18.3 18.3
US
Global Payments Inc
NYSE:GPN
28.5B USD 2.9 21 10.1 18.3
P/E Multiple
Earnings Growth P/E to Growth
US
Paychex Inc
NASDAQ:PAYX
Average P/E: 33.6
29.5
22%
1.4
US
Visa Inc
NYSE:V
32.2
49%
0.7
US
Mastercard Inc
NYSE:MA
39.5
60%
0.7
US
Automatic Data Processing Inc
NASDAQ:ADP
31.2
29%
1.1
US
F
Fiserv Inc
NYSE:FI
38.3
127%
0.3
US
PayPal Holdings Inc
NASDAQ:PYPL
19.9
31%
0.6
US
Block Inc
NYSE:SQ
49
36 144%
0
NL
Adyen NV
AEX:ADYEN
54.2
112%
0.5
US
Fidelity National Information Services Inc
NYSE:FIS
31.1
N/A N/A
ES
Amadeus IT Group SA
MAD:AMS
23.4
47%
0.5
US
Global Payments Inc
NYSE:GPN
21
280%
0.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Paychex Inc
NASDAQ:PAYX
Average EV/EBITDA: 21.4
20.7
22%
0.9
US
Visa Inc
NYSE:V
24.8
37%
0.7
US
Mastercard Inc
NYSE:MA
28.9
48%
0.6
US
Automatic Data Processing Inc
NASDAQ:ADP
21
22%
0.9
US
F
Fiserv Inc
NYSE:FI
15.8
42%
0.4
US
PayPal Holdings Inc
NASDAQ:PYPL
12.7
27%
0.5
US
Block Inc
NYSE:SQ
27.9
494%
0.1
NL
Adyen NV
AEX:ADYEN
43
127%
0.3
US
Fidelity National Information Services Inc
NYSE:FIS
12.4
10%
1.3
ES
Amadeus IT Group SA
MAD:AMS
18.3
34%
0.5
US
Global Payments Inc
NYSE:GPN
10.1
31%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Paychex Inc
NASDAQ:PAYX
Average EV/EBIT: 26.9
22.7
23%
1
US
Visa Inc
NYSE:V
26.4
38%
0.7
US
Mastercard Inc
NYSE:MA
31
49%
0.6
US
Automatic Data Processing Inc
NASDAQ:ADP
23.5
24%
1
US
F
Fiserv Inc
NYSE:FI
24.5
97%
0.3
US
PayPal Holdings Inc
NASDAQ:PYPL
15.2
32%
0.5
US
Block Inc
NYSE:SQ
35.8
663%
0.1
NL
Adyen NV
AEX:ADYEN
48.4
133%
0.4
US
Fidelity National Information Services Inc
NYSE:FIS
32
120%
0.3
ES
Amadeus IT Group SA
MAD:AMS
18.3
47%
0.4
US
Global Payments Inc
NYSE:GPN
18.3
114%
0.2

See Also

Summary
PAYX intrinsic value, competitors valuation, and company profile.
DCF Valuation
PAYX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PAYX stock valuation using valuation multiples.
Wall Street Estimates
PAYX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PAYX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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