Paychex Net Worth
Paychex Net Worth Breakdown | PAYX |
Paychex Net Worth Analysis
Paychex's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Paychex's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Paychex's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Paychex's net worth analysis. One common approach is to calculate Paychex's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Paychex's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Paychex's net worth. This approach calculates the present value of Paychex's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Paychex's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Paychex's net worth. This involves comparing Paychex's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Paychex's net worth relative to its peers.
Enterprise Value |
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To determine if Paychex is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paychex's net worth research are outlined below:
| Paychex generated a negative expected return over the last 90 days | |
| Over 77.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 1960 shares by Christopher Simmons of Paychex at 117.98 subject to Rule 16b-3 |
Paychex Quarterly Good Will |
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Paychex uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Paychex. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Paychex's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 4th of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Know Paychex's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Paychex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paychex backward and forwards among themselves. Paychex's institutional investor refers to the entity that pools money to purchase Paychex's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2023-12-31 | 4.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.9 M | Legal & General Group Plc | 2023-12-31 | 3.2 M | Envestnet Asset Management Inc | 2023-12-31 | 2.7 M | Fidelity International Ltd | 2023-12-31 | 2.5 M | Amvescap Plc. | 2023-12-31 | 2.5 M | Select Equity Group Lp | 2023-12-31 | 2.4 M | Royal Bank Of Canada | 2023-12-31 | 2.3 M | First Trust Advisors L.p. | 2023-12-31 | 2.2 M | Vanguard Group Inc | 2023-12-31 | 30.4 M | Blackrock Inc | 2023-12-31 | 28 M |
Follow Paychex's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 43.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paychex's market, we take the total number of its shares issued and multiply it by Paychex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Paychex's profitablity
Paychex's profitability indicators refer to fundamental financial ratios that showcase Paychex's ability to generate income relative to its revenue or operating costs. If, let's say, Paychex is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Paychex's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Paychex's profitability requires more research than a typical breakdown of Paychex's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.21 | 0.14 | |
| Return On Capital Employed | 0.39 | 0.33 | |
| Return On Assets | 0.17 | 0.13 | |
| Return On Equity | 0.40 | 0.26 |
When accessing Paychex's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Paychex's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paychex's profitability and make more informed investment decisions.
The data published in Paychex's official financial statements usually reflect Paychex's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paychex. For example, before you start analyzing numbers published by Paychex accountants, it's critical to develop an understanding of what Paychex's liquidity, profitability, and earnings quality are in the context of the Professional Services space in which it operates.
Please note, the presentation of Paychex's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paychex's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paychex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paychex. Please utilize our Beneish M Score to check the likelihood of Paychex's management manipulating its earnings.
Evaluate Paychex's management efficiency
Paychex has return on total asset (ROA) of 0.1135 % which means that it generated a profit of $0.1135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4647 %, meaning that it created $0.4647 on every $100 dollars invested by stockholders. Paychex's management efficiency ratios could be used to measure how well Paychex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.33 in 2024. At this time, Paychex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 3.6 B in 2024, whereas Other Current Assets are likely to drop slightly above 316.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.72 | 9.16 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 3.68 | 3.86 | |
| Enterprise Value Over EBITDA | 19.50 | 25.39 | |
| Price Book Value Ratio | 12.45 | 12.57 | |
| Enterprise Value Multiple | 19.50 | 25.39 | |
| Price Fair Value | 12.45 | 12.57 | |
| Enterprise Value | 27.8 B | 29.2 B |
The analysis of Paychex's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Paychex's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Paychex Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 8.3291 | Revenue 5.2 B | Quarterly Revenue Growth 0.042 | Revenue Per Share 14.461 | Return On Equity 0.4647 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paychex insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paychex's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paychex insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Paychex Corporate Filings
F3 | 18th of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 17th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 16th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 9th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Paychex Earnings per Share Projection vs Actual
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Paychex Corporate Directors
Paychex corporate directors refer to members of a Paychex board of directors. The board of directors generally takes responsibility for the Paychex's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Paychex's board members must vote for the resolution. The Paychex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Flaschen | Independent Director | Profile | |
| Joseph Doody | Independent Director | Profile | |
| Joseph Velli | Independent Director | Profile | |
| Pamela Joseph | Independent Director | Profile |
How to buy Paychex Stock?
The net worth of Paychex is the difference between its total assets and liabilities. Paychex's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Paychex's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Paychex's net worth can be used as a measure of its financial health and stability which can help investors to decide if Paychex is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Paychex stock.Already Invested in Paychex?
The danger of trading Paychex is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paychex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paychex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paychex is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Paychex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paychex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paychex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paychex Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Paychex Stock analysis
When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.07 | Dividend Share 3.56 | Earnings Share 4.59 | Revenue Per Share 14.461 | Quarterly Revenue Growth 0.042 |
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.