PA

Paychex IncNASDAQ PAYX Stock Report

Last reporting period 31 Aug, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

48.072

Mega

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Paychex Fair Value

PA

The fair market value of PAYX stock is 133.11 USD. Relative to the market price of 148 USD Paychex is overvalued by 10.1%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 10.1%
133.11 USD
PAYX Fair Value
148 USD
Market price of PAYX

Paychex Valuation

Current PAYX share ticker price is 148 USD.

The fair value level of 133.11 USD can be considered as an effective entry point for long-term investors to start investing in PAYX stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 10% higher its fair value

Min value

Current price is 19% higher its minimum value

Max value

Current price is 4% lower its maximum value

12.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

PAYX stock is overvalued

It means the current price may concern as a Risky Entry Point

Paychex Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

32.65

2

Median P/E over 5 years

28.21

3

Minimum P/E over 5 years

25.33

4

Earning per share (last 12 months)

4.72 USD

Maximum value

1

x

4

=

154.08 USD

Fair value

2

x

4

=

133.11 USD

Minimum value

3

x

4

=

119.54 USD

Paychex Inc price metrics

12.41

Annual return (geometric mean)

29.52

Risk (standard deviation) of returns

β

1

Beta (volatility compared to market)

It means that PAYX stock is more volatile than the broader market

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View Section: Profitability