Added to YB: 2024-08-23
Pitch date: 2024-08-21
PAYC [bullish]
Paycom Software, Inc.
-11.99%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.
Market Cap
$5.9B
Pitch Price
$158.17
Price Target
250.00 (+80%)
Dividend
1.19%
EV/EBITDA
9.28
P/E
14.68
EV/Sales
3.09
Sector
Professional Services
Category
growth
$PAYC Quick Pitch
PAYC: Leading HCM SaaS provider, single-platform edge. 36.8k clients, none >1% rev. Strong financials: $1.78B rev, $450M profit, 33% ROIC. 20% EPS growth, 21% rev growth. Undervalued if 10-15% FCF growth for 10yrs. PT $250. Risks: slow client growth, competition. Bull: essential service, large TAM.
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