Paycom Software vs Tyler Technologies
PAYC and TYL 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 TYL compare
Tyler Technologies is the larger company, worth 1.4 times as much as Paycom Software ($16.1B against $11.9B).
On earnings, Paycom Software is cheaper: it trades at 28.1× trailing earnings, against 52.3× for Tyler Technologies.
Paycom Software grew revenue faster over the last twelve months (9.2% versus 8.2% for Tyler Technologies).
Paycom Software keeps more of each dollar of sales as profit, with a net margin of 22.8% compared with 13.4% at Tyler Technologies.
Paycom Software pays a dividend yielding 0.57%; Tyler Technologies does not pay one.
Paycom Software scores higher on the StockData Score (19 against 16 for Tyler Technologies), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | PAYC | TYL |
|---|---|---|
| Size and price | ||
| Market cap | $11.9B | $16.1B |
| Share price | $264.20 | $394.30 |
| Change, 1 year | 41.7% | −17.5% |
| Change, 5 years | −47.6% | −26.0% |
| Beta (5Y) | 1.25 | 0.99 |
| Employees | 5,770 | 7,800 |
| StockData Score | ||
| Total score | 19 (better) | 16 |
| Valuation score | 3 (better) | 2 |
| Growth score | 3 | 3 |
| Performance score | 6 (better) | 5 |
| Health score | 4 | 6 (better) |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 28.1× (better) | 52.3× |
| P/S | 5.6× (better) | 6.6× |
| P/B | 20.8× | 5.3× (better) |
| EV/EBITDA | 15.8× (better) | 29.6× |
| P/FCF | 20.7× (better) | 22.6× |
| PEG | 1.51 (better) | 2.27 |
| FCF yield | 4.8% (better) | 4.4% |
| Fair value | $290.92 | $333.47 |
| Margin of safety | 9.2% (better) | −18.2% |
| Growth | ||
| Revenue growth (TTM) | 9.2% (better) | 8.2% |
| Revenue growth, 5Y average | 19.5% (better) | 15.9% |
| Net income growth (TTM) | 17.3% (better) | 5.8% |
| EPS growth (TTM) | 27.0% (better) | 7.7% |
| EPS growth, 5Y average | 26.9% (better) | 9.0% |
| Profitability | ||
| Gross margin | 83.7% (better) | 47.2% |
| Operating margin | 30.3% (better) | 15.1% |
| Net margin | 22.8% (better) | 13.4% |
| FCF margin | 26.9% | 29.4% (better) |
| Return on equity | 41.1% (better) | 9.7% |
| Return on invested capital | 36.4% (better) | 11.8% |
| Financial health | ||
| Debt / equity | 1.57 (better) | 0.00 |
| Net debt / EBITDA | 0.88 | – |
| Interest coverage | 39.8× | 56.4× (better) |
| Current ratio | 1.07 | 1.55 (better) |
| Altman Z-score | 3.09 | 4.82 (better) |
| Piotroski F-score | 6 | 6 |
| Dividends and buybacks | ||
| Dividend yield | 0.57% | – |
| Payout ratio | 15.9% | – |
| Years of dividend growth | 0 | – |
| Buyback yield | – | 5.7% |
| Shareholder yield | 0.57% | 5.7% (better) |
| Ownership | ||
| Held by institutions | 92.0% | 106% |
| Held by insiders | 15.8% | 0.50% |
| Insider net buying, 12 months | −$1.6M (better) | −$10.0M |
| Superinvestors holding | 3 | – |
| Short interest, % of float | 6.8% | 7.6% |
Go deeper
- PAYC stock overview
- PAYC income statement
- PAYC valuation and score
- TYL stock overview
- TYL income statement
- TYL valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.