EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Paychex's enterprise value is $40,242 Mil.
Paychex's EBITDA for the trailing twelve months (TTM) ended in Feb. 2023 was $2,191 Mil. Therefore, Paychex's EV-to-EBITDA for today is 18.36.
The historical rank and industry rank for Paychex's EV-to-EBITDA or its related term are showing as below:
PAYX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.89 Med: 15.79 Max: 25.83
Current: 18.46
During the past 13 years, the highest EV-to-EBITDA of Paychex was 25.83. The lowest was 10.89. And the median was 15.79.
PAYX's EV-to-EBITDA is ranked worse than 79.52% of 835
companies
in the Business Services industry
Industry Median: 8.94
vs PAYX: 18.46
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2023-03-31), Paychex's stock price is $114.59.
Paychex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2023 was $4.150. Therefore, Paychex's PE Ratio for today is 27.61.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Paychex EV-to-EBITDA Historical Data
The historical data trend for Paychex's EV-to-EBITDA 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.
* Premium members only.
Paychex Annual Data
Trend
May13
May14
May15
May16
May17
May18
May19
May20
May21
May22
EV-to-EBITDA
16.03
19.73
15.37
21.81
21.54
Paychex Quarterly Data
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
EV-to-EBITDA
21.17
21.54
21.01
20.78
-
Competitive Comparison
For the Staffing & Employment Services subindustry, Paychex's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Paychex EV-to-EBITDA Distribution
For the Business Services industry and Industrials sector, Paychex's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Paychex's EV-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBITDA's extreme value range as defined by GuruFocus.
Paychex EV-to-EBITDA Calculation
Paychex's EV-to-EBITDA for today is calculated as:
Paychex's current Enterprise Value is $40,242 Mil.
Paychex's EBITDA for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,191 Mil.
* 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 (NAS:PAYX) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Paychex's share price for today is $114.59.
Paychex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.150.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Paychex's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
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