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Paycor HCM Inc PYCR

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Stock XNAS Rating as of
$17.26 −0.11 (0.63%)
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As of Delayed Price Closed
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Company Report

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Paycor Is Seeing Success Moving Into Larger Clients and Upselling Additional Modules

Emma Williams

Paycor HCM is well positioned to take share in the expansive and highly fragmented small- and midsize-business payroll and human capital management market through industry consolidation and rising demand for sophisticated HCM solutions. At present, most of the small-business market is serviced by regional providers or do-it-yourself solutions such as Intuit QuickBooks or Microsoft Excel, creating meaningful scope for greater penetration by functionality-rich providers like Paycor.

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Price vs Fair Value

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PYCR is trading at a 34% discount.
Price
$17.26
Fair Value
$81.00
Uncertainty
Very High
1-Star Price
$34.90
5-Star Price
$43.00
Economic Moat
Jsf
Capital Allocation
Dcnvkpff

Bulls Say, Bears Say

Bulls

Paycor is well positioned to displace regional providers and in-house solutions that lack product depth and breadth.

Bears

We expect fierce competitive pressures to limit pricing growth and force Paycor to maintain high investment in software development and innovation.

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News

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Trading Information

Previous Close Price
$17.37
Day Range
$17.19–17.59
52-Week Range
$16.56–27.51
Bid/Ask
$8.07 / $27.61
Market Cap
$3.07 Bil
Volume/Avg
549,133 / 769,679

Key Statistics

Price/Earnings (Normalized)
36.16
Price/Sales
5.05
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
—

Company Profile

Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm’s platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,000 customers as of June 2023.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
2,800
Website
https://www.paycor.com

Competitors

Valuation

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Metric
PYCR
PAYX
PCTY
Price/Earnings (Normalized)
 36.1626.1525.08
Price/Book Value
 2.4211.478.52
Price/Sales
 5.058.306.56
Price/Cash Flow
 15.9120.4520.08
Price/Earnings
PYCR
PAYX
PCTY

Financial Strength

Metric
PYCR
PAYX
PCTY
Quick Ratio
 0.070.430.12
Current Ratio
 1.061.241.11
Interest Coverage
 −15.5057.72—
Quick Ratio
PYCR
PAYX
PCTY

Profitability

Metric
PYCR
PAYX
PCTY
Return on Assets (Normalized)
 2.89%14.17%6.84%
Return on Equity (Normalized)
 6.01%46.62%32.78%
Return on Invested Capital (Normalized)
 6.32%36.73%30.28%
Return on Assets
PYCR
PAYX
PCTY
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