Paylocity Holding Corp
NASDAQ:PCTY

Watchlist Manager
Paylocity Holding Corp Logo
Paylocity Holding Corp
NASDAQ:PCTY
Watchlist
Price: 175.5 USD -3.9% Market Closed
Market Cap: 9.7B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one PCTY stock under the Base Case scenario is 266.27 USD. Compared to the current market price of 175.5 USD, Paylocity Holding Corp is Undervalued by 34%.

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
266.27 USD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.3
P/S
P/S
Price to Sales
6.3
vs History
90
vs Industry
17
Median 3Y
7.7
Median 5Y
11.5
Industry
2.4
Forward
6
More Details
42.9
P/E
P/E
Price to Earnings
42.9
vs History
92
vs Industry
12
Median 3Y
62
Median 5Y
109.9
Industry
22.8
Forward
24.8
More Details
23.7
P/OCF
P/OCF
Price to OCF
23.7
vs History
88
vs Industry
21
Median 3Y
29
Median 5Y
59.1
Industry
17.1
More Details
17
P/FCFE
P/FCFE
Price to FCFE
17
vs History
90
vs Industry
33
Median 3Y
35.9
Median 5Y
53.2
Industry
21.4
More Details
8.1
P/B
P/B
Price to Book Value
8.1
vs History
92
vs Industry
12
Median 3Y
10.3
Median 5Y
16
Industry
2.9
More Details
6.1
EV/S
EV/S
Enterprise Value to Sales
6.1
vs History
88
vs Industry
16
Median 3Y
7.6
Median 5Y
11.4
Industry
2.4
Forward
5.9
More Details
8.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.9
vs History
88
vs Industry
22
Median 3Y
11
Median 5Y
17.1
Industry
4.9
More Details
24.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
24.1
vs History
92
vs Industry
16
Median 3Y
34.3
Median 5Y
70.5
Industry
12.5
Forward
16.3
More Details
31.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
31.6
vs History
92
vs Industry
13
Median 3Y
45.9
Median 5Y
111.2
Industry
16.1
Forward
19.5
More Details
23.1
EV/OCF
EV/OCF
Enterprise Value to OCF
23.1
vs History
88
vs Industry
20
Median 3Y
28.6
Median 5Y
57.6
Industry
15.6
More Details
28.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
28.3
vs History
88
vs Industry
17
Median 3Y
35.7
Median 5Y
77.5
Industry
18.8
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
90
vs Industry
43
Median 3Y
2.4
Median 5Y
3
Industry
2.4
More Details

Multiples Across Competitors

PCTY Competitors Multiples
Paylocity Holding Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Paylocity Holding Corp
NASDAQ:PCTY
9.7B USD 6.3 42.9 24.1 31.6
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
294.6B EUR 8.4 51.4 27.7 31.8
US
Palantir Technologies Inc
NYSE:PLTR
335.2B USD 107.6 587.3 757.4 813
US
Salesforce Inc
NYSE:CRM
256.9B USD 6.7 41.4 21.8 31.3
US
Intuit Inc
NASDAQ:INTU
211.5B USD 11.6 61 38.6 45.2
US
Adobe Inc
NASDAQ:ADBE
165.1B USD 7.3 24 18.9 20.8
US
NCR Corp
LSE:0K45
150.3B USD 43.7 163.1 470 3 352.6
US
Applovin Corp
NASDAQ:APP
114.6B USD 22.3 59.7 42 49.3
US
Microstrategy Inc
NASDAQ:MSTR
103.5B USD 225.3 -19.4 -3 241.7 -1 678.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.2B USD 16.7 75.1 47.6 54.3
P/S Multiple
Revenue Growth P/S to Growth
US
Paylocity Holding Corp
NASDAQ:PCTY
Average P/S: 21 306.1
6.3
11%
0.6
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.4
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
107.6
33%
3.3
US
Salesforce Inc
NYSE:CRM
6.7
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.6
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.3
10%
0.7
US
N
NCR Corp
LSE:0K45
43.7
-8%
N/A
US
Applovin Corp
NASDAQ:APP
22.3
22%
1
US
Microstrategy Inc
NASDAQ:MSTR
225.3
4%
56.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.7
12%
1.4
P/E Multiple
Earnings Growth PEG
US
Paylocity Holding Corp
NASDAQ:PCTY
Average P/E: 122.9
42.9
29%
1.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
51.4
50%
1
US
Palantir Technologies Inc
NYSE:PLTR
587.3
73%
8
US
Salesforce Inc
NYSE:CRM
41.4
31%
1.3
US
Intuit Inc
NASDAQ:INTU
61
36%
1.7
US
Adobe Inc
NASDAQ:ADBE
24
27%
0.9
US
N
NCR Corp
LSE:0K45
163.1
-46%
N/A
US
Applovin Corp
NASDAQ:APP
59.7
44%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -19.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
75.1
33%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Paylocity Holding Corp
NASDAQ:PCTY
Average EV/EBITDA: 160.9
24.1
28%
0.9
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
27.7
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
757.4
109%
6.9
US
Salesforce Inc
NYSE:CRM
21.8
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.6
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
18.9
17%
1.1
US
N
NCR Corp
LSE:0K45
470
12%
39.2
US
Applovin Corp
NASDAQ:APP
42
42%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 241.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
47.6
27%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Paylocity Holding Corp
NASDAQ:PCTY
Average EV/EBIT: 492.2
31.6
32%
1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
31.8
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
813
110%
7.4
US
Salesforce Inc
NYSE:CRM
31.3
33%
0.9
US
Intuit Inc
NASDAQ:INTU
45.2
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
20.8
20%
1
US
N
NCR Corp
LSE:0K45
3 352.6
90%
37.3
US
Applovin Corp
NASDAQ:APP
49.3
45%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 678.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
54.3
28%
1.9

See Also

Summary
PCTY intrinsic value, competitors valuation, and company profile.
DCF Valuation
PCTY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PCTY stock valuation using valuation multiples.
Wall Street Estimates
PCTY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PCTY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 263,800+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.