Overview Dividends

(PCTY) Paylocity Holdng - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US70438V1061

Payroll, Hr, Time, Talent, Benefits

PCTY EPS (Earnings per Share)

EPS Growth (3Y CAGR): 18.42%
EPS Trend (3Y Correlation): 25.2%

PCTY Revenue

Revenue Growth (3Y CAGR): 18.16%
Revenue Trend (3Y Correlation): 80.7%

Description: PCTY Paylocity Holdng November 03, 2025

Paylocity Holding Corp. (NASDAQ:PCTY) delivers a cloud-based suite of Human Capital Management (HCM) tools-including payroll, tax, benefits, time-and-attendance, talent acquisition, and finance-focused modules-targeting U.S. employers across a broad range of industries such as healthcare, retail, and technology. The platform is sold primarily through a direct sales force and is supported by implementation, training, and regulatory services.

In FY 2023 the company reported revenue of roughly $1.1 billion, a year-over-year increase of about 15%, and a subscription-based annual recurring revenue (ARR) run-rate exceeding $1.2 billion with a gross margin near 80%. Paylocity’s churn rate has stayed under 5% for the past two years, reflecting strong customer stickiness, while its backlog-approximately $2.5 billion-provides visibility into future sales. Macro-level drivers include the continued shift of midsize firms toward SaaS payroll solutions and a tight labor market that fuels demand for integrated talent and workforce analytics.

For a deeper quantitative dive and scenario analysis, you may find the ValueRay platform’s data visualizations useful for assessing Paylocity’s valuation dynamics.

PCTY Stock Overview

Market Cap in USD	7,682m
Sub-Industry	Application Software
IPO / Inception	2014-03-19

PCTY Stock Ratings

Growth Rating	-69.2%
Fundamental	81.1%
Dividend Rating	-
Return 12m vs S&P 500	-43.6%
Analyst Rating	4.15 of 5

PCTY Dividends

Currently no dividends paid

PCTY Growth Ratios

Growth Correlation 3m	-93.9%
Growth Correlation 12m	-88.8%
Growth Correlation 5y	-43.4%
CAGR 5y	-13.69%
CAGR/Max DD 3y (Calmar Ratio)	-0.32
CAGR/Mean DD 3y (Pain Ratio)	-0.61
Sharpe Ratio 12m	-1.44
Alpha	-39.88
Beta	0.539
Volatility	36.13%
Current Volume	1498.9k
Average Volume 20d	553.5k
Stop Loss	134.2 (-3%)
Signal	0.23

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (212.1m TTM) > 0 and > 6% of Revenue (6% = 93.0m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 1.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 26.24% (prev 28.12%; Δ -1.88pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 418.2m > Net Income 212.1m (YES >=105%, WARN >=100%)

Net Debt (-180.2m) to EBITDA (380.7m) ratio: -0.47 <= 3.0 (WARN <= 3.5)

Current Ratio 1.14 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (56.3m) change vs 12m ago -1.12% (target <= -2.0% for YES)

Gross Margin 68.72% (prev 68.56%; Δ 0.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 35.90% (prev 34.10%; Δ 1.79pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -79.80 (EBITDA TTM 380.7m / Interest Expense TTM -3.52m) >= 6 (WARN >= 3)

Altman Z'' 2.02

(A) 0.09 = (Total Current Assets 3.31b - Total Current Liabilities 2.91b) / Total Assets 4.39b

(B) 0.21 = Retained Earnings (Balance) 900.6m / Total Assets 4.39b

(D) 0.29 = Book Value of Equity 906.2m / Total Liabilities 3.16b

Total Rating: 2.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 81.11

1. Piotroski 5.50pt = 0.50

2. FCF Yield 5.18% = 2.59

3. FCF Margin 25.05% = 6.26

4. Debt/Equity 0.18 = 2.48

5. Debt/Ebitda -0.47 = 2.50

6. ROIC - WACC (= 6.37)% = 7.97

7. RoE 17.97% = 1.50

8. Rev. Trend 80.66% = 6.05

9. EPS Trend 25.22% = 1.26

What is the price of PCTY shares?

As of November 07, 2025, the stock is trading at USD 138.42 with a total of 1,498,880 shares traded.
Over the past week, the price has changed by -1.91%, over one month by -11.51%, over three months by -25.91% and over the past year by -35.25%.

Is Paylocity Holdng a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Paylocity Holdng (NASDAQ:PCTY) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 81.11 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PCTY is around 111.20 USD . This means that PCTY is currently overvalued and has a potential downside of -19.66%.

Is PCTY a buy, sell or hold?

Paylocity Holdng has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy PCTY.

Strong Buy: 10
Buy: 4
Hold: 5
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the PCTY price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	214	54.6%
Analysts Target Price	214	54.6%
ValueRay Target Price	123.2	-11%

PCTY Fundamental Data Overview November 03, 2025

Market Cap USD = 7.68b (7.68b USD * 1.0 USD.USD)
P/E Trailing = 35.0546
P/E Forward = 25.5102
P/S = 4.8159
P/B = 6.9302
P/EG = 1.6105
Beta = 0.539
Revenue TTM = 1.55b USD
EBIT TTM = 281.1m USD
EBITDA TTM = 380.7m USD
Long Term Debt = 162.5m USD (from longTermDebt, last quarter)
Short Term Debt = 8.62m USD (from shortTermDebt, last quarter)
Debt = 217.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -180.2m USD (from netDebt column, last quarter)
Enterprise Value = 7.50b USD (7.68b + Debt 217.9m - CCE 398.1m)
Interest Coverage Ratio = -79.80 (Ebit TTM 281.1m / Interest Expense TTM -3.52m)
FCF Yield = 5.18% (FCF TTM 388.3m / Enterprise Value 7.50b)
FCF Margin = 25.05% (FCF TTM 388.3m / Revenue TTM 1.55b)
Net Margin = 13.68% (Net Income TTM 212.1m / Revenue TTM 1.55b)
Gross Margin = 68.72% ((Revenue TTM 1.55b - Cost of Revenue TTM 484.7m) / Revenue TTM)
Gross Margin QoQ = 67.84% (prev 71.43%)
Tobins Q-Ratio = 1.71 (Enterprise Value 7.50b / Total Assets 4.39b)
Interest Expense / Debt = 0.45% (Interest Expense 971.0k / Debt 217.9m)
Taxrate = 27.24% (18.2m / 66.8m)
NOPAT = 204.5m (EBIT 281.1m * (1 - 27.24%))
Current Ratio = 1.14 (Total Current Assets 3.31b / Total Current Liabilities 2.91b)
Debt / Equity = 0.18 (Debt 217.9m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = -0.47 (Net Debt -180.2m / EBITDA 380.7m)
Debt / FCF = -0.46 (Net Debt -180.2m / FCF TTM 388.3m)
Total Stockholder Equity = 1.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.83% (Net Income 212.1m / Total Assets 4.39b)
RoE = 17.97% (Net Income TTM 212.1m / Total Stockholder Equity 1.18b)
RoCE = 20.93% (EBIT 281.1m / Capital Employed (Equity 1.18b + L.T.Debt 162.5m))
RoIC = 14.16% (NOPAT 204.5m / Invested Capital 1.44b)
WACC = 7.79% (E(7.68b)/V(7.90b) * Re(8.0%) + D(217.9m)/V(7.90b) * Rd(0.45%) * (1-Tc(0.27)))
Discount Rate = 8.0% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -0.53%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈355.3m ; Y1≈438.3m ; Y5≈747.9m
Fair Price DCF = 233.9 (DCF Value 12.72b / Shares Outstanding 54.4m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 25.22 | EPS CAGR: 18.42% | SUE: 1.67 | # QB: 2
Revenue Correlation: 80.66 | Revenue CAGR: 18.16% | SUE: 0.72 | # QB: 0

Additional Sources for PCTY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle