Paychex, Inc. (PAYX) on Decifer

Decifer ranks PAYX number 80 of 269 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 85 in 100 companies we measure.
• It costs about 23 times its yearly profit; the middle of its industry is 26. Cheaper than 64 in 100 companies we measure, against their own industries.

The current read

The evidence on PAYX lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. 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.