PCTY Fair Value Estimate
$184.7969.5% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
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) Valuation
PCTY Valuation Metrics
FCF$342.75M
FCF Growth Rate28.50%
EPS Growth (CAGR)27.12%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →PCTY Valuation & Fair Value Analysis
Paylocity Holding Corp (PCTY) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Paylocity Holding Corp is $184.79. The current stock price is $109.03, suggesting the stock is 69.5% undervalued.
The price-to-earnings (P/E) ratio is 24.88. Price-to-book ratio is 4.81. Price-to-sales ratio is 3.53. Enterprise value to EBITDA is 13.21. PEG ratio is 0.64.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Paylocity Holding Corp's intrinsic value.