Paycom Software vs Paylocity
PAYC and PCTY side by side, both in computer programming, data processing, and other computer related services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How PAYC and PCTY compare
Paycom Software is the larger company, worth 1.3 times as much as Paylocity ($11.9B against $9.1B).
On earnings, Paycom Software is cheaper: it trades at 28.1× trailing earnings, against 34.7× for Paylocity.
Paylocity grew revenue faster over the last twelve months (11.0% versus 9.2% for Paycom Software).
Paycom Software keeps more of each dollar of sales as profit, with a net margin of 22.8% compared with 15.2% at Paylocity.
Paycom Software pays a dividend yielding 0.57%; Paylocity does not pay one.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | PAYC | PCTY |
|---|---|---|
| Size and price | ||
| Market cap | $11.9B | $9.1B |
| Share price | $264.20 | $170.91 |
| Change, 1 year | 41.7% | 20.8% |
| Change, 5 years | −47.6% | −39.0% |
| Beta (5Y) | 1.25 | 1.14 |
| Employees | 5,770 | 6,900 |
| StockData Score | ||
| Total score | 19 | 19 |
| Valuation score | 3 | 3 |
| Growth score | 3 | 5 (better) |
| Performance score | 6 | 6 |
| Health score | 4 | 5 (better) |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 28.1× (better) | 34.7× |
| P/S | 5.6× | 5.1× (better) |
| P/B | 20.8× | 7.4× (better) |
| EV/EBITDA | 15.8× (better) | 17.7× |
| P/FCF | 20.7× | 18.2× (better) |
| PEG | 1.51 | 1.36 (better) |
| FCF yield | 4.8% | 5.5% (better) |
| Fair value | $290.92 | $188.01 |
| Margin of safety | 9.2% (better) | 9.1% |
| Growth | ||
| Revenue growth (TTM) | 9.2% | 11.0% (better) |
| Revenue growth, 5Y average | 19.5% | 22.7% (better) |
| Net income growth (TTM) | 17.3% | 18.8% (better) |
| EPS growth (TTM) | 27.0% (better) | 22.4% |
| EPS growth, 5Y average | 26.9% | 31.3% (better) |
| Profitability | ||
| Gross margin | 83.7% (better) | 69.2% |
| Operating margin | 30.3% (better) | 21.8% |
| Net margin | 22.8% (better) | 15.2% |
| FCF margin | 26.9% | 28.1% (better) |
| Return on equity | 41.1% (better) | 22.0% |
| Return on invested capital | 36.4% (better) | 30.1% |
| Financial health | ||
| Debt / equity | 1.57 (better) | 0.00 |
| Net debt / EBITDA | 0.88 | – |
| Interest coverage | 39.8× | – |
| Current ratio | 1.07 | 1.09 (better) |
| Altman Z-score | 3.09 (better) | 2.52 |
| Piotroski F-score | 6 | 8 (better) |
| Dividends and buybacks | ||
| Dividend yield | 0.57% | – |
| Payout ratio | 15.9% | – |
| Years of dividend growth | 0 | – |
| Buyback yield | – | 4.4% |
| Shareholder yield | 0.57% | 4.4% (better) |
| Ownership | ||
| Held by institutions | 92.0% | 87.8% |
| Held by insiders | 15.8% | 21.9% |
| Insider net buying, 12 months | −$1.6M (better) | −$26.4M |
| Superinvestors holding | 3 | – |
| Short interest, % of float | 6.8% | 7.2% |
Go deeper
- PAYC stock overview
- PAYC income statement
- PAYC valuation and score
- PCTY stock overview
- PCTY income statement
- PCTY valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.