Paylocity Holding Corp
NASDAQ:PCTY

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Paylocity Holding Corp
NASDAQ:PCTY
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Price: 177.16 USD -3.14% Market Closed
Market Cap: 9.8B USD

Relative Value

The Relative Value of one PCTY stock under the Base Case scenario is 265.8 USD. Compared to the current market price of 177.16 USD, Paylocity Holding Corp is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PCTY Relative Value
Base Case
265.8 USD
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
17
Median 3Y
7.6
Median 5Y
11.5
Industry
2.5
Forward
6.1
vs History
87
vs Industry
12
Median 3Y
56.7
Median 5Y
109.9
Industry
23.1
Forward
25
vs History
87
vs Industry
21
Median 3Y
28.4
Median 5Y
59.1
Industry
17.4
vs History
85
vs Industry
33
Median 3Y
35.1
Median 5Y
52.9
Industry
21.7
vs History
88
vs Industry
12
Median 3Y
10.1
Median 5Y
16
Industry
3
vs History
87
vs Industry
16
Median 3Y
7.5
Median 5Y
11.4
Industry
2.5
Forward
6
vs History
87
vs Industry
22
Median 3Y
11
Median 5Y
17.1
Industry
5
vs History
88
vs Industry
16
Median 3Y
31.7
Median 5Y
70.5
Industry
12.7
Forward
16.5
vs History
87
vs Industry
13
Median 3Y
41.4
Median 5Y
111.2
Industry
16.4
Forward
19.7
vs History
85
vs Industry
20
Median 3Y
28
Median 5Y
57.6
Industry
15.8
vs History
87
vs Industry
17
Median 3Y
34.9
Median 5Y
77.5
Industry
19
vs History
82
vs Industry
43
Median 3Y
2.4
Median 5Y
3
Industry
2.5

Multiples Across Competitors

PCTY Competitors Multiples
Paylocity Holding Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Paylocity Holding Corp
NASDAQ:PCTY
9.8B USD 6.3 43.3 24.3 31.9
DE
SAP SE
XETRA:SAP
301.9B EUR 8.6 52.7 28.4 32.6
US
Palantir Technologies Inc
NYSE:PLTR
333.3B USD 107 584 753.1 808.4
US
Salesforce Inc
NYSE:CRM
247.6B USD 6.4 39.9 21 30.2
US
Intuit Inc
NASDAQ:INTU
208.7B USD 11.5 60.2 38 44.6
US
NCR Corp
LSE:0K45
174.6B USD 50.7 189.3 545.5 3 890.9
US
Adobe Inc
NASDAQ:ADBE
154.8B USD 6.8 22.5 17.7 19.6
US
Microstrategy Inc
NASDAQ:MSTR
115.7B USD 251.9 -21.7 -3 596.9 -1 862.3
US
Applovin Corp
NASDAQ:APP
113.4B USD 22.1 59.1 41.5 48.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.5B USD 18 80.9 51.3 58.5
US
Synopsys Inc
NASDAQ:SNPS
86.8B USD 13.9 40.1 52.7 63.5
P/E Multiple
Earnings Growth PEG
US
Paylocity Holding Corp
NASDAQ:PCTY
Average P/E: 117.2
43.3
29%
1.5
DE
SAP SE
XETRA:SAP
52.7
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
584
73%
8
US
Salesforce Inc
NYSE:CRM
39.9
31%
1.3
US
Intuit Inc
NASDAQ:INTU
60.2
37%
1.6
US
N
NCR Corp
LSE:0K45
189.3
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
22.5
27%
0.8
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -21.7 N/A N/A
US
Applovin Corp
NASDAQ:APP
59.1
45%
1.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.9
33%
2.5
US
Synopsys Inc
NASDAQ:SNPS
40.1
11%
3.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Paylocity Holding Corp
NASDAQ:PCTY
Average EV/EBITDA: 157.4
24.3
28%
0.9
DE
SAP SE
XETRA:SAP
28.4
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
753.1
109%
6.9
US
Salesforce Inc
NYSE:CRM
21
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38
28%
1.4
US
N
NCR Corp
LSE:0K45
545.5
12%
45.5
US
Adobe Inc
NASDAQ:ADBE
17.7
17%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 596.9 N/A N/A
US
Applovin Corp
NASDAQ:APP
41.5
42%
1
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.3
27%
1.9
US
Synopsys Inc
NASDAQ:SNPS
52.7
34%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Paylocity Holding Corp
NASDAQ:PCTY
Average EV/EBIT: 502.9
31.9
32%
1
DE
SAP SE
XETRA:SAP
32.6
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
808.4
110%
7.3
US
Salesforce Inc
NYSE:CRM
30.2
33%
0.9
US
Intuit Inc
NASDAQ:INTU
44.6
37%
1.2
US
N
NCR Corp
LSE:0K45
3 890.9
90%
43.2
US
Adobe Inc
NASDAQ:ADBE
19.6
20%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 862.3 N/A N/A
US
Applovin Corp
NASDAQ:APP
48.8
45%
1.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
58.5
28%
2.1
US
Synopsys Inc
NASDAQ:SNPS
63.5
39%
1.6