Paychex, Inc.

Symbol: PCX.DE

XETRA

110.1

EUR

Market price today

  • 25.4521

    P/E Ratio

  • 2.0061

    PEG Ratio

  • 39.70B

    MRK Cap

  • 0.03%

    DIV Yield

Paychex, Inc. (PCX-DE) Stock Price & Analysis

Shares Outstanding

359.96M

Gross Profit Margin

0.72%

Operating Profit Margin

0.41%

Net Profit Margin

0.32%

Return on Assets

0.13%

Return on Equity

0.46%

Return on Capital Employed

0.43%

Company general description and statistics

Sector: Industrials
Industry: Staffing & Employment Services
CEO:Mr. John B. Gibson Jr.
Full-time employees:16600
City:Rochester
Address:911 Panorama Trail South
IPO:2022-11-10
CIK:

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

General Outlook

In simple terms, Paychex, Inc. has 359.963 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.717% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.412%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.319%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.128% return, is a testament to Paychex, Inc.'s adeptness in optimizing resource deployment. Paychex, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.463%. Furthermore, the proficiency of Paychex, Inc. in capital utilization is underscored by a remarkable 0.427% return on capital employed.

Stock Prices

Paychex, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $113.1, while its low point bottomed out at $112.9. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Paychex, Inc.'s stock market.

Liquidity Ratios

Analyzing PCX.DE liquidity ratios reveals its financial health of the firm. The current ratio of 123.57% gauges short-term asset coverage for liabilities. The quick ratio (42.90%) assesses immediate liquidity, while the cash ratio (21.17%) indicates cash reserves.

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Current Ratio123.57%
Quick Ratio42.90%
Cash Ratio21.17%

Profitability Ratios

PCX.DE profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 42.01% underscores its earnings before tax deductions. The effective tax rate stands at 24.15%, revealing its tax efficiency. The net income per EBT, 75.85%, and the EBT per EBIT, 102.06%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 41.16%, we grasp its operational profitability.

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Pretax Profit Margin42.01%
Effective Tax Rate24.15%
Net Income per EBT75.85%
EBT per EBIT102.06%
EBIT per Revenue41.16%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.24, it details the span from stock purchase to revenue.

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Days of Sales Outstanding43
Days of Inventory Outstanding1521
Operating Cycle1640.08
Days of Payables Outstanding23
Cash Conversion Cycle1617
Receivables Turnover3.06
Payables Turnover15.68
Inventory Turnover0.24
Fixed Asset Turnover10.91
Asset Turnover0.40

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 5.78, and free cash flow per share, 5.32, depict cash generation on a per-share basis. The cash per share value, 4.80, showcases liquidity position. A payout ratio of 0.77 highlights the portion of earnings distributed as dividends. Lastly, the operating cash flow sales ratio, 0.40, offers insight into cash flow relative to sales.

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Operating Cash Flow per Share5.78
Free Cash Flow per Share5.32
Cash per Share4.80
Payout Ratio0.77
Operating Cash Flow Sales Ratio0.40
Free Cash Flow to Operating Cash Flow Ratio0.92
Cash Flow Coverage Ratio2.40
Short Term Coverage Ratio110.92
Capital Expenditure Coverage Ratio12.55
Dividend Paid and Capex Coverage Ratio1.44

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 6.67%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.23, we discern the balance between debt and equity financing. The long-term debt to capitalization, 18.49%, and total debt to capitalization, 18.82%, ratios shed light on its capital structure. An interest coverage of 57.68 indicates its ability to manage interest expenses.

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Debt Ratio6.67%
Debt Equity Ratio0.23
Long Term Debt to Capitalization18.49%
Total Debt to Capitalization18.82%
Interest Coverage57.68
Cash Flow to Debt Ratio2.40
Company Equity Multiplier3.48

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 13.68%, indicates top-line expansion, while the gross profit growth, 16.87%, reveals profitability trends. EBIT growth, 25.97%, and operating income growth, 25.97%, offer insights into operational profitability progression. The net income growth, 41.90%, showcases bottom-line expansion, and the EPS growth, 26.56%, measures the growth in earnings per share.

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Revenue Growth13.68%
Gross Profit Growth16.87%
EBIT Growth25.97%
Operating Income Growth25.97%
Net Income Growth41.90%
EPS Growth26.56%
EPS Diluted Growth26.73%
Weighted Average Shares Growth0.19%
Weighted Average Shares Diluted Growth0.28%
Dividends per Share Growth9.79%
Operating Cash Flow Growth19.46%
Free Cash Flow Growth19.83%
10-Year Revenue Growth per Share100.01%
5-Year Revenue Growth per Share35.80%
3-Year Revenue Growth per Share21.77%
10-Year Operating CF Growth per Share124.92%
5-Year Operating CF Growth per Share17.43%
3-Year Operating CF Growth per Share16.30%
10-Year Net Income Growth per Share176.12%
5-Year Net Income Growth per Share66.05%
3-Year Net Income Growth per Share41.27%
10-Year Shareholders Equity Growth per Share75.49%
5-Year Shareholders Equity Growth per Share51.72%
3-Year Shareholders Equity Growth per Share17.32%
10-Year Dividend per Share Growth per Share111.55%
5-Year Dividend per Share Growth per Share34.54%
3-Year Dividend per Share Growth per Share20.43%
Receivables Growth25.11%
Inventory Growth-100.00%
Asset Growth4.42%
Book Value per Share Growth4.45%
Debt Growth-1.77%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 11.28, and the price to book ratio, 11.28, reflect the market's valuation relative to the company's book value. The price to sales ratio, 8.09, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 21.98, and price to operating cash flows, 20.27, gauge market valuation against cash flow metrics.

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Price Book Value Ratio11.28
Price to Book Ratio11.28
Price to Sales Ratio8.09
Price Cash Flow Ratio20.27
Price Earnings to Growth Ratio2.01
Enterprise Value Multiple18.38
Price Fair Value11.28
Price to Operating Cash Flow Ratio20.27
Price to Free Cash Flows Ratio21.98
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Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of Paychex, Inc. (PCX.DE) on the XETRA in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 25.452 in 2024.

What is the ticker symbol of Paychex, Inc. stock?

The ticker symbol of Paychex, Inc. stock is PCX.DE.

What is company IPO date?

IPO date of Paychex, Inc. is 2022-11-10.

What is company current share price?

Current share price is 110.100 EUR.

What is stock market cap today?

The market cap of stock today is 39696112838.000.

What is PEG ratio in 2024?

The current 2.006 is 2.006 in 2024.

What is the number of employees in 2024?

In 2024 the company has 16600.