Paycom Software (MEX:PAYC) Cyclically Adjusted FCF per Share: MXN80.19 (As of Mar. 2026)

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MEX:PAYC Paycom Software Inc MEX:PAYC
94 GF Score
Price MXN2,500.00
GF Value MXN4,518.74
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Paycom Software Cyclically Adjusted FCF per Share?

Paycom Software MEX:PAYC -5.30% 94 Cyclically Adjusted FCF per Share is MXN80.19 as of Mar. 2026. GuruFocus rates MEX:PAYC with a GF Score™ of 94/100 and a GF Value™ of MXN4,518.74 (Significantly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Paycom Software's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN64.312. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN80.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Paycom Software's average Cyclically Adjusted FCF Growth Rate was 25.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Paycom Software was 27.00% per year. The lowest was 27.00% per year. And the median was 27.00% per year.

As of today (2026-07-22), Paycom Software's current stock price is MXN2500.00. Paycom Software's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN80.19. Paycom Software's Cyclically Adjusted Price-to-FCF of today is 31.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Paycom Software was 193.01. The lowest was 26.98. And the median was 69.17.


Paycom Software  (MEX:PAYC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Paycom Software's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2500.00/80.19
=31.18

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Paycom Software was 193.01. The lowest was 26.98. And the median was 69.17.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Paycom Software Cyclically Adjusted FCF per Share Related Terms


Paycom Software Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Paycom Software's Cyclically Adjusted FCF per Share 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.

Paycom Software Cyclically Adjusted FCF per Share Chart

Paycom Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 35.52 39.31 69.59 71.16

Paycom Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 69.07 67.22 73.54 71.16 80.19

MEX:PAYC vs ESTC, CVLT, NAVN: Cyclically Adjusted FCF per Share Comparison

For the Software - Application subindustry, Paycom Software's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paycom Software Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Paycom Software's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Paycom Software's Cyclically Adjusted Price-to-FCF falls into.


MEX:PAYC
94GF Score
Paycom Software Inc MEX:PAYC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paycom Software Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Paycom Software's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=64.312/330.2130*330.2130
=64.312

Current CPI (Mar. 2026) = 330.2130.

Paycom Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 2.719 241.018 3.725
201609 3.969 241.428 5.429
201612 4.404 241.432 6.023
201703 10.002 243.801 13.547
201706 0.705 244.955 0.950
201709 4.852 246.819 6.491
201712 7.246 246.524 9.706
201803 11.994 249.554 15.871
201806 9.775 251.989 12.809
201809 10.733 252.439 14.040
201812 7.875 251.233 10.351
201903 21.800 254.202 28.319
201906 7.408 256.143 9.550
201909 5.842 256.759 7.513
201912 8.398 256.974 10.791
202003 22.591 258.115 28.901
202006 -0.495 257.797 -0.634
202009 17.382 260.280 22.052
202012 11.032 260.474 13.986
202103 22.448 264.877 27.985
202106 6.711 271.696 8.156
202109 20.392 274.310 24.548
202112 18.245 278.802 21.609
202203 28.303 287.504 32.507
202206 6.403 296.311 7.136
202209 15.032 296.808 16.724
202212 28.026 296.797 31.181
202303 32.787 301.836 35.869
202306 18.636 305.109 20.169
202309 13.911 307.789 14.924
202312 21.526 306.746 23.173
202403 29.586 312.332 31.280
202406 27.914 314.175 29.339
202409 15.682 315.301 16.424
202412 38.955 315.605 40.758
202503 52.617 319.799 54.330
202506 20.262 322.561 20.743
202509 25.955 324.800 26.388
202512 38.523 324.054 39.255
202603 64.312 330.213 64.312

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN80.19 mean?
Paycom Software (MEX:PAYC) has a Cyclically Adjusted FCF per Share of MXN80.19 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Paycom Software and its competitors.
Is Paycom Software's Cyclically Adjusted FCF per Share too high?
Paycom Software's current Cyclically Adjusted FCF per Share is MXN80.19. Overall, Paycom Software has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paycom Software's Cyclically Adjusted FCF per Share compare to ESTC and CVLT?
Paycom Software's Cyclically Adjusted FCF per Share of MXN80.19 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 Cyclically Adjusted FCF per Share for a Software company?
A good Cyclically Adjusted FCF per Share depends on the Software industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Paycom Software and its competitors. Paycom Software's current Cyclically Adjusted FCF per Share is MXN80.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paycom Software stock overvalued right now?
Based on GuruFocus' analysis, Paycom Software (MEX:PAYC) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN4,518.74, compared to a current price of MXN2,500.00 — trading 44.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN80.19. Paycom Software's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Paycom Software (MEX:PAYC), the current Cyclically Adjusted FCF per Share is MXN80.19 as of Mar. 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 Paycom Software (MEX:PAYC) Overvalued in 2026?

Based on GuruFocus' analysis, Paycom Software stock appears to be undervalued. The current stock price of MXN2,500.00 is trading 44.7% below its estimated GF Value™ of MXN4,518.74. GuruFocus considers Paycom Software to be Significantly Undervalued.

Key valuation signals for MEX:PAYC:

  • Cyclically Adjusted FCF per Share: MXN80.19
  • GF Value™: MXN4,518.74 vs. price of MXN2,500.00 (44.7% below fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Paycom Software Business Description

Address 7501 W. Memorial Road, Oklahoma, OK, USA, 73142
Founded in 1998, Paycom is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company services businesses of all sizes within the United States and internationally. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.
94GF Score

Get the complete analysis for MEX:PAYC

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,500.00
Price
MXN4,518.74
GF Value