Paychex, Inc. (PAYX) on Decifer

Decifer ranks PAYX number 73 of 268 tracked names on durable business quality.

Why it ranks here

• Sales are growing about 17% a year, faster than 62 in 100 companies we measure.
• It keeps about 35 cents of every sales dollar as cash, safer than 95 in 100 companies we measure.
• It earns about 20% a year on the money put into the business, better than 86 in 100 companies we measure.
• It costs about 22 times its yearly profit; the middle of its industry is 28. Cheaper than 71 in 100 companies we measure, against their own industries.

The current read

The evidence on PAYX lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Human Capital Management Cloud: Rising regulatory/payroll complexity and the shift to cloud delivery are pushing employers to outsource HR and payroll to integrated HCM platforms.

Read the full PAYX research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.