Data last refreshed 16 days ago — analysis may not reflect the latest market data

PAYXPAYX

US

NEUTRAL

$101.62

P/E

20.78

PEG

3.06

FCF Yield

Rev Growth YoY

+16.9% YoY

Gross Margin

87.2%

Health Score

7/10

D/E Ratio

1.22

Confidence

MEDIUM


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Business Snapshot

Paychex, Inc. is a leading provider of human capital management (HCM) and payroll processing solutions, primarily serving small to medium-sized businesses. The company operates in the highly competitive HCM and payroll services market, where it holds a strong position as a well-established, trusted provider. With a market cap that is not calculable from the provided data, the company generates significant revenue, though the exact TTM figure is unavailable. A key defining characteristic is its business model's high recurring revenue base and strong margins, underpinned by a substantial client retention rate.

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Financial Health

Gross margin stands at a robust 87.2%, indicating significant pricing power and a high-value service model, though prior-year data is not available for trend comparison. Net margin of 27.0% is strong and suggests efficient cost management and operational leverage...

Risk Assessment

  • VALUATION — The PEG ratio of 3.06x suggests the stock is expensive relative to its earnings growth rate, potentially indicating limited upside if growth decelerates.
  • EARNINGS QUALITY — The company has beaten analyst estimates in only 2 out of the last 4 quarters, pointing to inconsistent earnings delivery and some risk of negative surprises.
  • DEBT / LIQUIDITY — The debt-to-equity ratio of 1.22x, while not critical, indicates the company utilizes a moderate level of debt to finance its operations.
  • TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
  • INSIDER ACTIVITY — Over the last 90 days, there has been 1 insider sell and 0 buys, a net selling pattern that can be a cautious signal about executive sentiment....

Gross margin stands at a robust 87.2%, indicating significant pricing power and a high-value service model, though prior-year data is not available for trend comparison. Net margin of 27.0% is strong and suggests efficient cost management and operational leverage. The balance sheet is moderately leveraged with a debt-to-equity ratio of 1.22x, which is manageable, and the current ratio of 1.26x shows adequate short-term liquidity. Return on equity is an impressive 45.1%, highlighting the company's effectiveness at generating profit from shareholder equity. Free cash flow data is not available for the period, limiting a full cash flow analysis. Overall, the company appears financially healthy with strong margins and high capital efficiency, supporting consistent dividends and strategic reinvestment.

- VALUATION — The PEG ratio of 3.06x suggests the stock is expensive relative to its earnings growth rate, potentially indicating limited upside if growth decelerates. - EARNINGS QUALITY — The company has beaten analyst estimates in only 2 out of the last 4 quarters, pointing to inconsistent earnings delivery and some risk of negative surprises. - DEBT / LIQUIDITY — The debt-to-equity ratio of 1.22x, while not critical, indicates the company utilizes a moderate level of debt to finance its operations. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed. - INSIDER ACTIVITY — Over the last 90 days, there has been 1 insider sell and 0 buys, a net selling pattern that can be a cautious signal about executive sentiment.

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Full 8-section analysis includes:

Financial Health
Growth Momentum
Valuation Snapshot
Risk Flags
Sentiment & News
Technical Snapshot
Full Verdict with Confidence Rating
Last updated 400 hours ago · Data sourced from FMP & Finnhub · Not financial advice