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PAYC

339.87USD-6.35(-1.83%)Market Closed

Paycom Software Inc

Market Summary

USD339.87-6.35Market Closed
-1.83%

PAYC Stock Price

RSI Chart

Valuation

Market Cap

20.5B

Price/Earnings

89.8

Price/Sales

16.92

Price/Cashflow

59.98

MarketCap/EBT

65.34

Price/Sales

Profitability

Operating Margin

84.50%

EBT Margin

25.90%

Return on Equity

22.97%

Return on Assets

4.67%

Fundamentals

Revenue

Revenue (TTM)

1.2B

Revenue Y/Y

30.88%

Revenue Q/Q

-10.35%

Earnings

Earnings (TTM)

228.4M

Earnings Y/Y

9.71%

Earnings Q/Q

-37.61%

Price Action

52 Week Range

255.82442.38
(Low)(High)

Last 7 days

3.9%

Last 30 days

7.4%

Last 90 days

-1.3%

Trailing 12 Months

-22.6%

Financial Health

Current Ratio

1.08

Debt/Equity

0.03

Debt/Cashflow

11.79

Investor Care

Buy Backs (1Y)

0.11%

Diluted EPS (TTM)

3.93

Peers (Alternatives to Paycom Software)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Paycom Software

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue6.6%1,2121,1371,056991932
  S&GA Expenses5.3%713677640622583
  R&D Expenses6.8%134125118109100
Earnings Before Taxes8.9%314288256223213
Net Income2.3%228223196172169
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-10.2%4,8925,4453,2154,2183,233
  Current Assets-13.2%3,8484,4342,2523,3132,357
    Cash Equivalents-22.6%279361278231202
  Inventory125.0%21111
  Net PPE3.4%375363349329321
  Goodwill0%5252525252
Liabilities-12.1%3,8984,4362,3213,3932,441
  Current Liabilities-13.2%3,5684,1131,9903,0862,145
  Long Term Debt1.0%2929293030
    LT Debt, Current0%2222-
    LT Debt, Non Current7.6%2927272828
Shareholder's Equity-1.5%9941,009894825792
  Retained Earnings5.7%1,0651,008916867837
  Additional Paid-In Capital5.6%518490466441410
Accumulated Depreciation8.2%285263243225208
Shares Outstanding-0.3%5858585858
Float-18,600----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-1.5%342347319283266
  Share Based Compensation0.5%969698110100
Cashflow From Investing30.8%-230.40-332.75-257.671622
Cashflow From Financing-19.9%1,2651,5791661,338918
  Buy Backs-189

Risks

What is the probability of a big loss on PAYC?

71.2%


Probability that Paycom Software stock will be more than 20% underwater in next one year

48.9%


Probability that Paycom Software stock will be more than 30% underwater in next one year.

34.6%


Probability that Paycom Software stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PAYC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Paycom Software was unfortunately bought at previous high price.

Returns

Cumulative Returns on PAYC

35.7%


7-Year Cumulative Returns

33.4%


5-Year Cumulative Returns

7.9%


3-Year Cumulative Returns

What are the long-term rolling returns for PAYC?

FIve years rolling returns for Paycom Software.

Which funds bought or sold PAYC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
201,000
201,000
0.21%
2022-11-23
Toroso Investments, LLC
ADDED
8.61
82,000
375,000
0.02%
2022-11-22
Seaport Global Advisors, LLC
REDUCED
-40.81
-73,000
168,000
0.69%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-0.64
141,000
967,000
0.03%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,446,000
1,446,000
0.02%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-30.27
-66,000
306,000
0.30%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.15
3,883,000
27,481,000
0.05%
2022-11-21
Integrated Investment Consultants, LLC
REDUCED
-0.62
39,000
263,000
0.10%
2022-11-21
FourThought Financial, LLC
ADDED
11.92
31,000
127,000
0.02%
2022-11-18
National Pension Service
REDUCED
-10.68
1,576,000
25,343,000
0.05%

1–10 of 44

Latest Funds Activity

Are funds buying PAYC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PAYC

Paycom Software News

InvestorsObserver

Is it Time to Dump Paycom Software Inc (PAYC) Stock After it Is Higher By 4.22% in a Week?.2 days ago

PAYC Fair Value

Paycom Software fair value in different scenarios

The table shows the Fair Value estimates for Paycom Software for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

95.38

-71.94%

136.83

-59.74%

263.51

-22.47%

389.75

14.68%

517.56

52.28%

Current Inflation

86.44

-74.57%

121.56

-64.23%

228.47

-32.78%

335.27

-1.35%

442.17

30.10%

Very High Inflation

75.54

-77.77%

103.41

-69.57%

187.88

-44.72%

272.61

-19.79%

356.10

4.78%

Historical Paycom Software Fair Value Estimates


Recent SEC filings of Paycom Software

View All Filings
Date Filed Form Type Document
Nov 18, 2022
SC 13D/A
13D - Major Acquisition
Nov 03, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report

Latest Insider Trading transactions for PAYC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-08
PETERS FREDERICK C II
SOLD
-371,170
371.17
-1,000
-
2022-05-25
Faurot Holly
SOLD
-1,507,390
277.553
-5,431
Chief Sales Officer
2022-05-11
Smith Bradley Scott
SOLD
-447,265
275.24
-1,625
Chief Information Officer
2022-05-11
Long Justin Devon
SOLD
-41,559.7
275.23
-151
EVP of Operations
2022-05-11
Richison Chad R.
SOLD
-2,645,330
275.24
-9,611
President and CEO
2022-05-11
Faurot Holly
SOLD
-20,639.2
275.19
-75
Chief Sales Officer
2022-05-11
Boelte Craig E.
SOLD
-745,625
275.24
-2,709
Chief Financial Officer
2022-05-11
Faurot Holly
SOLD
-401,850
275.24
-1,460
Chief Sales Officer
2022-05-09
Smith Bradley Scott
SOLD
-123,350
280.34
-440
Chief Information Officer
2022-05-09
Faurot Holly
SOLD
-3,922.52
280.18
-14
Chief Sales Officer

1–10 of 50

Chad R. Richison
5380
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

PAYC Income Statement

2022-09-30
Unaudited Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 334,167$ 256,194$ 1,004,610$ 770,538
Cost of revenues    
Operating expenses44,16934,766122,26592,612
Depreciation and amortization10,9357,91431,40522,751
Total cost of revenues55,10442,680153,670115,363
Administrative expenses    
Sales and marketing91,11469,745253,834200,485
Research and development40,36631,077108,77484,012
General and administrative60,69359,980179,109160,234
Depreciation and amortization12,6259,40736,37825,503
Total administrative expenses204,798170,209578,095470,234
Total operating expenses259,902212,889731,765585,597
Operating income74,26543,305272,845184,941
Interest expense(1,018) (1,587) 
Other income (expense), net2,0412444,3311,019
Income before income taxes75,28843,549275,589185,960
Provision for income taxes23,13513,17074,15138,687
Net income$ 52,153$ 30,379$ 201,438$ 147,273
Earnings per share, basic$ 0.90$ 0.52$ 3.48$ 2.55
Earnings per share, diluted$ 0.90$ 0.52$ 3.46$ 2.53
Weighted average shares outstanding:    
Basic57,86557,93557,94957,843
Diluted58,03358,19058,19358,192
Comprehensive earnings (loss):    
Net income$ 52,153$ 30,379$ 201,438$ 147,273
Unrealized net gains (losses) on available-for-sale securities(2,705) (4,881) 
Tax effect492 1,068 
Other comprehensive income (loss), net of tax(2,213) (3,813) 
Comprehensive earnings (loss)49,94030,379197,625147,273
Recurring [Member]    
Revenues    
Total revenues328,150251,306987,848756,665
Implementation and Other [Member]    
Revenues    
Total revenues$ 6,017$ 4,888$ 16,762$ 13,873

PAYC Balance Sheet

2022-09-30
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 317,163$ 277,978
Accounts receivable14,8969,490
Prepaid expenses39,71723,729
Inventory1,4711,131
Income tax receivable15,16816,413
Deferred contract costs90,83276,724
Current assets before funds held for clients479,247405,465
Funds held for clients1,749,1151,846,573
Total current assets2,228,3622,252,038
Property and equipment, net383,860348,953
Intangible assets, net54,99358,028
Goodwill51,88951,889
Long-term deferred contract costs536,942461,852
Other assets58,52442,385
Total assets3,314,5703,215,145
Current liabilities:  
Accounts payable10,2115,772
Accrued commissions and bonuses19,03722,357
Accrued payroll and vacation36,06934,259
Deferred revenue19,54616,277
Current portion of long-term debt 1,775
Accrued expenses and other current liabilities58,79763,397
Current liabilities before client funds obligation143,660143,837
Client funds obligation1,754,0951,846,573
Total current liabilities1,897,7551,990,410
Deferred income tax liabilities, net139,368145,504
Long-term deferred revenue94,46585,149
Net long-term debt, less current portion29,00027,380
Other long-term liabilities77,60272,988
Total long-term liabilities340,435331,021
Total liabilities2,238,1902,321,431
Commitments and contingencies
Stockholders’ equity:  
Common stock, $0.01 par value (100,000 shares authorized, 62,517 and 62,298 shares issued at september 30, 2022 and December 31, 2021, respectively; 57,867 and 58,012 shares outstanding at September 30, 2022 and December 31, 2021, respectively)625623
Additional paid-in capital550,302465,594
Retained earnings1,117,017915,579
Accumulated other comprehensive earnings (loss)(3,813) 
Treasury stock, at cost (4,650 and 4,286 shares at September 30, 2022 and December 31, 2021, respectively)(587,751)(488,082)
Total stockholders’ equity1,076,380893,714
Total liabilities and stockholders’ equity$ 3,314,570$ 3,215,145