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Paychex (LTS:0KGE) Price-to-Free-Cash-Flow

: 20.86 (As of Today)
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As of today (2024-04-18), Paychex's share price is $110.588. Paychex's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $5.30. Hence, Paychex's Price-to-Free-Cash-Flow Ratio for today is 20.86.

The historical rank and industry rank for Paychex's Price-to-Free-Cash-Flow or its related term are showing as below:

LTS:0KGE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 16.01   Med: 23.99   Max: 40.1
Current: 22.47

During the past 13 years, Paychex's highest Price-to-Free-Cash-Flow Ratio was 40.10. The lowest was 16.01. And the median was 23.99.

LTS:0KGE's Price-to-Free-Cash-Flow is ranked worse than
69.55% of 693 companies
in the Business Services industry
Industry Median: 13.47 vs LTS:0KGE: 22.47

Paychex's Free Cash Flow per Share for the three months ended in Feb. 2024 was $1.75. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $5.30.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Paychex was 28.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 5.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 5.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 8.90% per year.

During the past 13 years, Paychex's highest 3-Year average Free Cash Flow per Share Growth Rate was 74.30% per year. The lowest was -0.80% per year. And the median was 12.60% per year.


Paychex Price-to-Free-Cash-Flow Historical Data

The historical data trend for Paychex's Price-to-Free-Cash-Flow 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 May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.05 19.86 32.07 32.78 24.43

Paychex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 26.77 24.43 24.08 24.19 23.13

Competitive Comparison

For the Staffing & Employment Services subindustry, Paychex's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the Business Services industry and Industrials sector, Paychex's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Paychex's Price-to-Free-Cash-Flow falls into.



Paychex Price-to-Free-Cash-Flow Calculation

Paychex's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=110.588/5.302
=20.86

Paychex's Share Price of today is $110.588.
Paychex's Free Cash Flow per Share 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 $5.30.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Paychex  (LTS:0KGE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Paychex Price-to-Free-Cash-Flow Related Terms

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


Paychex (LTS:0KGE) 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.

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