Paylocity Holding Corp
Exchange: NASDAQSector: TechnologyIndustry: Software - Application
Paylocity is a leading provider of cloud-based HR, payroll, and spend management software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today’s challenges while moving them toward the promise of tomorrow. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement.
Did you know?
Generated $4.5 in free cash flow for every $1 of capital expenditure in FY25.
Current Price
$109.03
-0.52%GoodMoat Value
$184.79
69.5% undervaluedProfile
Valuation (TTM)
Market Cap$5.93B
P/E24.88
EV—
P/B4.81
Shares Out54.38M
P/Sales3.53
Revenue$1.68B
EV/EBITDA13.21
Paylocity Holding Corp (PCTY) Stock Analysis
Market Cap$5.93B
Current Price$109.03
P/E Ratio24.88
Forward P/E—
PEG Ratio0.64
EPS$4.02
Book Value$22.69
P/B Ratio4.81
PCTY Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 28.5% FCF growth (CAGR)
Cash vs Debt
Net Cash: 189M
Revenue
468M
FY19
561M
FY20
636M
FY21
853M
FY22
1.2B
FY23
1.4B
FY24
1.6B
FY25
Net Income
54M
FY19
64M
FY20
71M
FY21
91M
FY22
141M
FY23
207M
FY24
227M
FY25
PCTY 52-Week Range
$95.10
$201.04
50-Day MA: $107.03200-Day MA: $142.57
Did you know?
Profit margin stands at 14.2%.
Paylocity Holding Corp (PCTY) Financial Summary
Paylocity Holding Corp (PCTY) is a Technology company in the Software - Application industry, listed on NASDAQ. The stock currently trades at $109.03 with a market capitalization of $5.93B.
Key valuation metrics include a P/E ratio of 24.88, price-to-book ratio of 4.81, and EPS of $4.02. The company reports a profit margin of 14.2% and return on equity of 19.3%.
PCTY Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $5.93B |
| P/E Ratio | 24.88 |
| EPS | $4.02 |
| P/B Ratio | 4.81 |
| P/S Ratio | 3.53 |
| EV/EBITDA | 13.21 |
| Profit Margin | 14.2% |
| Return on Equity | 19.3% |
| Debt/Equity | 0.17 |
PCTY Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $467.63M | $53.82M |
| FY20 | $561.33M | $64.45M |
| FY21 | $635.63M | $70.82M |
| FY22 | $852.65M | $90.78M |
| FY23 | $1.17B | $140.82M |
| FY24 | $1.40B | $206.77M |
| FY25 | $1.60B | $227.13M |
Paylocity Holding Corp (PCTY) Valuation
Based on GoodMoat's DCF model, Paylocity Holding Corp has a fair value estimate of $184.79. At the current price of $109.03, the stock appears 41.0% undervalued relative to our intrinsic value estimate.
PCTY Quality Indicators
Paylocity Holding Corp maintains a profit margin of 14.2% and an operating margin of 19.1%. Return on equity stands at 19.3%. The current ratio is 1.14. Debt-to-equity ratio is 0.17.
About Paylocity Holding Corp
Paylocity is a leading provider of cloud-based HR, payroll, and spend management software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today’s challenges while moving them toward the promise of tomorrow. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement.
PCTY Free Cash Flow
Paylocity Holding Corp generated $342.75M in trailing twelve-month free cash flow, representing an FCF yield of 5.78%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
PCTY Shares Outstanding
Paylocity Holding Corp has 0.05 billion shares outstanding at a share price of $109.03, giving it a market capitalization of $5.93B.