Paychex (FRA:PCX) Construction In Progress: €0 Mil (As of May. 2026)


FRA:PCX Paychex Inc FRA:PCX
82 GF Score
Price €84.41
GF Value €136.39
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Paychex Construction In Progress?

Paychex FRA:PCX -1.61% 82 Construction In Progress is €0 Mil as of May. 2026. GuruFocus rates FRA:PCX with a GF Score™ of 82/100 and a GF Value™ of €136.39 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Paychex's annual construction in progress increased from May. 2024 (€56 Mil) to May. 2025 (€60 Mil) but then declined from May. 2025 (€60 Mil) to May. 2026 (€0 Mil).


Paychex Construction In Progress Historical Data

* Premium members only.

The historical data trend for Paychex's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paychex Construction In Progress Chart

Paychex Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.96 47.56 56.15 59.87 0.00

Paychex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.87 0.00 0.00 0.00 0.00
FRA:PCX
82GF Score
Paychex Inc FRA:PCX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paychex Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €0 Mil mean?
Paychex (FRA:PCX) has a Construction In Progress of €0 Mil as of May. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Paychex and its competitors.
Is Paychex's Construction In Progress too high?
Paychex's current Construction In Progress is €0 Mil. Overall, Paychex has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paychex's Construction In Progress compare to WDAY and ROP?
Paychex's Construction In Progress of €0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Software company?
A good Construction In Progress depends on the Software industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Paychex and its competitors. Paychex's current Construction In Progress is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paychex stock overvalued right now?
Based on GuruFocus' analysis, Paychex (FRA:PCX) is currently considered Significantly Undervalued. The stock's GF Value™ is €136.39, compared to a current price of €84.41 — trading 38.1% below its estimated fair value. The current Construction In Progress is €0 Mil. Paychex's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Paychex (FRA:PCX), the current Construction In Progress is €0 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paychex (FRA:PCX) Overvalued in 2026?

Based on GuruFocus' analysis, Paychex stock appears to be undervalued. The current stock price of €84.41 is trading 38.1% below its estimated GF Value™ of €136.39. GuruFocus considers Paychex to be Significantly Undervalued.

Key valuation signals for FRA:PCX:

  • Construction In Progress: €0 Mil
  • GF Value™: €136.39 vs. price of €84.41 (38.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the FRA:PCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paychex Business Description

Address 911 Panorama Trail South, Rochester, NY, USA, 14625-2396
Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including professional employer organization, or PEO, offerings, enabling clients to reduce HR overhead. Paychex primarily targets small and midsize businesses, although its acquisition of Paycor in 2025 signals the firm's aspirations to expand into the midmarket segment, serving firms with more than 100 employees. As of fiscal 2025, Paychex has approximately 800,000 clients and manages payroll for one in 11 workers in the United States.
82GF Score

Get the complete analysis for FRA:PCX

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.41
Price
€136.39
GF Value