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. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. Its HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling, time-off requests, and labor allocation solutions. The company’s HCM solution also offers payroll applications comprising better employee transaction interface, payroll and payroll tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, garnishment administration, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning. Its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration; COBRA administration; personnel action and performance discussion forms; Paycom surveys; retirement reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.
AI-Driven Innovation | Explore Paycom's groundbreaking AI assistant, IWant, and its potential to revolutionize HCM software adoption and client acquisition strategies |
Financial Strength | Delve into Paycom's impressive financial performance, with revenue growth of 10.21% YoY and robust EBITDA margins exceeding 41% projections |
Market Expansion | Learn about Paycom's international growth strategy and the return of "boomerang" clients, signaling strong customer satisfaction and loyalty |
Analyst Perspectives | Discover varied analyst views on Paycom's future, with price targets ranging from $221 to $290, reflecting diverse opinions on growth potential |
Metrics to compare | PAYC | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPAYCPeersSector | |
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P/E Ratio | 30.7x | −2.4x | 12.7x | |
PEG Ratio | −3.01 | −0.48 | 0.03 | |
Price/Book | 7.1x | 1.5x | 1.4x | |
Price / LTM Sales | 6.5x | 0.9x | 1.3x | |
Upside (Analyst Target) | 7.9% | 23.2% | 15.8% | |
Fair Value Upside | Unlock | 13.0% | 5.9% | Unlock |