(PCTY) Paylocity Holdng - Overview
Stock: Payroll, Hr, Time, Talent, Benefits
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 49.7% |
| Relative Tail Risk | -4.55% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.84 |
| Alpha | -57.01 |
| Character TTM | |
|---|---|
| Beta | 0.802 |
| Beta Downside | 0.736 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.05% |
| CAGR/Max DD | -0.39 |
Description: PCTY Paylocity Holdng January 06, 2026
Paylocity Holding Corporation (NASDAQ:PCTY) delivers a suite of cloud-based human capital management (HCM) tools-including payroll, HR, time-and-attendance, talent acquisition, benefits administration, employee experience, and finance solutions-to U.S. employers across a broad range of industries such as business services, healthcare, manufacturing, and retail.
In FY 2024 the company reported revenue of roughly $1.2 billion, representing a year-over-year increase of about 15%, and its subscription-based recurring revenue now exceeds 85% of total sales, driving gross margins near 70%-a hallmark of mature SaaS businesses.
Key macro drivers for Paylocity include the continued tightness of the U.S. labor market (unemployment at historically low levels) that fuels demand for sophisticated payroll and talent-management platforms, as well as the broader $30 billion U.S. cloud HCM market that is still expanding at double-digit rates.
Paylocity’s go-to-market relies heavily on a direct sales force, and the firm has been expanding its product depth (e.g., on-demand pay and guided procurement) to increase wallet share within existing accounts.
For a deeper, data-driven look at PCTY’s valuation and risk profile, the ValueRay research page offers a concise, decision-ready overview.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 225.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.31 > 1.0 |
| NWC/Revenue: -155.9% < 20% (prev 56.72%; Δ -212.7% < -1%) |
| CFO/TA 0.10 > 3% & CFO 413.2m > Net Income 225.5m |
| Net Debt (-37.7m) to EBITDA (420.3m): -0.09 < 3 |
| Current Ratio: 0.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (55.9m) vs 12m ago -0.72% < -2% |
| Gross Margin: 68.81% > 18% (prev 0.69%; Δ 6813 % > 0.5%) |
| Asset Turnover: 39.72% > 50% (prev 34.85%; Δ 4.87% > 0%) |
| Interest Coverage Ratio: 24.12 > 6 (EBITDA TTM 420.3m / Interest Expense TTM 13.1m) |
Altman Z'' -2.40
| A: -0.60 (Total Current Assets 387.4m - Total Current Liabilities 2.95b) / Total Assets 4.24b |
| B: 0.22 (Retained Earnings 948.6m / Total Assets 4.24b) |
| C: 0.08 (EBIT TTM 314.8m / Avg Total Assets 4.13b) |
| D: 0.30 (Book Value of Equity 954.9m / Total Liabilities 3.13b) |
| Altman-Z'' Score: -2.40 = D |
Beneish M -0.19
| DSRI: 1.04 (Receivables 41.7m/34.3m, Revenue 1.64b/1.40b) |
| GMI: 1.00 (GM 68.81% / 68.50%) |
| AQI: 5.61 (AQ_t 0.89 / AQ_t-1 0.16) |
| SGI: 1.17 (Revenue 1.64b / 1.40b) |
| TATA: -0.04 (NI 225.5m - CFO 413.2m) / TA 4.24b) |
| Beneish M-Score: -0.19 (Cap -4..+1) = D |
What is the price of PCTY shares?
Over the past week, the price has changed by -12.69%, over one month by -22.76%, over three months by -14.86% and over the past year by -44.41%.
Is PCTY a buy, sell or hold?
- StrongBuy: 10
- Buy: 4
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the PCTY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 191 | 62.1% |
| Analysts Target Price | 191 | 62.1% |
| ValueRay Target Price | 99.2 | -15.8% |
PCTY Fundamental Data Overview February 05, 2026
P/E Forward = 21.3675
P/S = 4.2793
P/B = 6.2669
P/EG = 1.3232
Revenue TTM = 1.64b USD
EBIT TTM = 314.8m USD
EBITDA TTM = 420.3m USD
Long Term Debt = 81.2m USD (from longTermDebt, last quarter)
Short Term Debt = 8.62m USD (from shortTermDebt, last fiscal year)
Debt = 127.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -37.7m USD (from netDebt column, last quarter)
Enterprise Value = 6.98b USD (7.02b + Debt 127.5m - CCE 165.2m)
Interest Coverage Ratio = 24.12 (Ebit TTM 314.8m / Interest Expense TTM 13.1m)
EV/FCF = 18.29x (Enterprise Value 6.98b / FCF TTM 381.8m)
FCF Yield = 5.47% (FCF TTM 381.8m / Enterprise Value 6.98b)
FCF Margin = 23.28% (FCF TTM 381.8m / Revenue TTM 1.64b)
Net Margin = 13.75% (Net Income TTM 225.5m / Revenue TTM 1.64b)
Gross Margin = 68.81% ((Revenue TTM 1.64b - Cost of Revenue TTM 511.6m) / Revenue TTM)
Gross Margin QoQ = 68.55% (prev 67.84%)
Tobins Q-Ratio = 1.65 (Enterprise Value 6.98b / Total Assets 4.24b)
Interest Expense / Debt = 10.24% (Interest Expense 13.1m / Debt 127.5m)
Taxrate = 35.94% (26.9m / 74.9m)
NOPAT = 201.7m (EBIT 314.8m * (1 - 35.94%))
Current Ratio = 0.13 (Total Current Assets 387.4m / Total Current Liabilities 2.95b)
Debt / Equity = 0.12 (Debt 127.5m / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = -0.09 (Net Debt -37.7m / EBITDA 420.3m)
Debt / FCF = -0.10 (Net Debt -37.7m / FCF TTM 381.8m)
Total Stockholder Equity = 1.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.46% (Net Income 225.5m / Total Assets 4.24b)
RoE = 19.12% (Net Income TTM 225.5m / Total Stockholder Equity 1.18b)
RoCE = 24.97% (EBIT 314.8m / Capital Employed (Equity 1.18b + L.T.Debt 81.2m))
RoIC = 14.59% (NOPAT 201.7m / Invested Capital 1.38b)
WACC = 8.83% (E(7.02b)/V(7.15b) * Re(8.87%) + D(127.5m)/V(7.15b) * Rd(10.24%) * (1-Tc(0.36)))
Discount Rate = 8.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.88%
[DCF Debug] Terminal Value 78.61% ; FCFF base≈369.3m ; Y1≈455.6m ; Y5≈775.8m
Fair Price DCF = 207.0 (EV 11.22b - Net Debt -37.7m = Equity 11.26b / Shares 54.4m; r=8.83% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 58.38 | EPS CAGR: 30.77% | SUE: 2.37 | # QB: 16
Revenue Correlation: 89.63 | Revenue CAGR: 21.60% | SUE: 0.50 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.51 | Chg30d=+0.005 | Revisions Net=+2 | Analysts=19
EPS current Year (2026-06-30): EPS=7.49 | Chg30d=+0.027 | Revisions Net=+1 | Growth EPS=+4.4% | Growth Revenue=+8.1%
EPS next Year (2027-06-30): EPS=8.19 | Chg30d=+0.027 | Revisions Net=+2 | Growth EPS=+9.4% | Growth Revenue=+8.3%