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Paychex (XTER:PCX) EV-to-FCF : 21.17 (As of Apr. 26, 2024)


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What is Paychex EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Paychex's Enterprise Value is €37,480 Mil. Paychex's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2024 was €1,771 Mil. Therefore, Paychex's EV-to-FCF for today is 21.17.

The historical rank and industry rank for Paychex's EV-to-FCF or its related term are showing as below:

XTER:PCX' s EV-to-FCF Range Over the Past 10 Years
Min: 16.07   Med: 23.58   Max: 40.03
Current: 22.41

During the past 13 years, the highest EV-to-FCF of Paychex was 40.03. The lowest was 16.07. And the median was 23.58.

XTER:PCX's EV-to-FCF is ranked worse than
69.03% of 704 companies
in the Business Services industry
Industry Median: 13.545 vs XTER:PCX: 22.41

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (2024-04-26), Paychex's stock price is €110.10. Paychex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 was €3.161. Therefore, Paychex's PE Ratio for today is 34.83.


Paychex EV-to-FCF Historical Data

The historical data trend for Paychex's EV-to-FCF 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 EV-to-FCF Chart

Paychex Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.94 19.71 31.75 32.24 23.84

Paychex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EV-to-FCF 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 26.17 23.84 23.55 23.72 22.53

Competitive Comparison of Paychex's EV-to-FCF

For the Staffing & Employment Services subindustry, Paychex's EV-to-FCF, along with its competitors' market caps and EV-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.


Paychex's EV-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Paychex's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Paychex's EV-to-FCF falls into.



Paychex EV-to-FCF Calculation

Paychex's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=37480.061/1770.657
=21.17

Paychex's current Enterprise Value is €37,480 Mil.
Paychex's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,771 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  (XTER:PCX) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=110.10/3.161
=34.83

Paychex's share price for today is €110.10.
Paychex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.161.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Paychex EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Paychex's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Paychex (XTER:PCX) Business Description

Traded in Other Exchanges
Address
911 Panorama Trail South, Rochester, NY, USA, 14625-2396
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 740,000 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.