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PAYX Paychex, Inc.

Technology

Price
$121.27
Intrinsic value
$54.99
Buy price
$43.99
Discount
-120.5%
Overvalued

DCF walkthrough

Near-term growth (g1)9.15%
Terminal growth (g2)3.50%
Years of g1 growth4
Discount rate9.00%
Margin of safety20.00%
Operating CF
$2,556,700,000.00
Total debt
$4,630,300,160.00
Cash & STI
$1,143,699,968.00
Shares out.
358,200,000
Overvalued
Intrinsic value$54.98
Buy price (with MOS)$43.98
Current price$121.27
Discount to intrinsic value-120.6%

7-step quality scorecard

ROE quality
HIGH_CONSISTENT
Average ROE
44.1%
Current ROE
47.1%
Minimum ROE
40.1%
Debt quality
LEVERAGED
Debt / Equity
1.24x
Moat proxy
STRONG_PROXY
Cash-flow reliability
UNKNOWN
Operating CF / Net income

Technical chart

Confluence: NONE (0/3)

Weekly candles, ~3 years. Yellow line: 10-week EMA. Dashed lines: Fibonacci retracement of the last 52-week swing. Green arrow: an active DR1 support reclaim.

Assumptions & data quality

Data source
yfinance
Growth (g1) source
min(revenueCAGR,cfCAGR)
Valuation model
DCF_OCF
Debt as % of DCF PV
20%
Public economic interest
100.0%

These are model outputs built on assumptions (growth rate, discount rate, margin of safety), not facts - trust but verify, especially for LOW cash-flow-reliability or UNKNOWN-quality rows.