Paylocity Z Score
PCTY  Stock  USD 271.77 5.29 1.99% 
Paylocity  Z Score 
Paylocity Z Score Analysis
Paylocity Holdings' ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Accounts Payable  1.75 M  4.23 M  8.37 M  9.04 M 
Receivables  4.92 M  6.27 M  15.75 M  17 M 
Z Score  =  Sum Of   5 Factors 
 
 
 
 

Paylocity Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Paylocity Holdings is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Paylocity Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Paylocity Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Paylocity Holdings' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
Based on the company's disclosures, Paylocity Holdings Corp has a Z Score of 0.0. This is 100.0% lower than that of the Technology sector and about the same as Softwareâ€”Application (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Paylocity Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paylocity Holdings' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paylocity Holdings could also be used in its relative valuation, which is a method of valuing Paylocity Holdings by comparing valuation metrics of similar companies.Paylocity Holdings is currently under evaluation in z score category among related companies.
Paylocity Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Paylocity Holdings from analyzing Paylocity Holdings' financial statements. These drivers represent accounts that assess Paylocity Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Paylocity Holdings' important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  14.85 K  17.65 K  17.86 K  17.07 K  17.13 K  18.48 K  
Revenue Per Employee  145.2 K  153.32 K  155.5 K  153.16 K  160.88 K  141.85 K  
Average Assets  1.16 B  1.17 B  1.45 B  1.74 B  2 B  1.58 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  30.94 M  73.44 M  83.25 M  73.01 M  99.8 M  107.67 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  10.2 M  28.4 M  46.95 M  92.61 M  106.5 M  114.91 M  
Earnings before Tax  (3.67 M)  7.37 M  16.75 M  58.05 M  66.75 M  72.02 M  
Average Equity  114.09 M  134.36 M  181.06 M  269.44 M  309.85 M  334.32 M  
Enterprise Value  2.11 B  2.23 B  2.97 B  4.88 B  5.61 B  6.05 B  
Free Cash Flow  8.52 M  24.16 M  48.8 M  76.13 M  87.55 M  94.46 M  
Invested Capital  10.12 M  26.86 M  55.88 M  167.59 M  192.73 M  207.94 M  
Invested Capital Average  8.21 M  22 M  42.77 M  161.33 M  185.53 M  200.17 M  
Market Capitalization  2.2 B  2.33 B  3.1 B  4.97 B  5.72 B  6.17 B  
Tangible Asset Value  1.36 B  1.11 B  1.46 B  1.76 B  2.02 B  2.18 B  
Working Capital  68.99 M  88.04 M  107.39 M  140.14 M  161.16 M  173.89 M 
Paylocity Fundamentals
Return On Equity  16.65 %  
Return On Asset  1.47 %  
Profit Margin  10.65 %  
Operating Margin  12.86 %  
Current Valuation  14.96 B  
Shares Outstanding  55.28 M  
Shares Owned by Insiders  25.72 %  
Shares Owned by Institutions  76.31 %  
Number of Shares Shorted  1.72 M  
Price to Earning  163.14 X  
Price to Book  24.22 X  
Price to Sales  17.45 X  
Revenue  852.65 M  
Gross Profit  566.76 M  
EBITDA  109.67 M  
Net Income  90.78 M  
Cash and Equivalents  139.76 M  
Cash per Share  2.53 X  
Total Debt  77.52 M  
Debt to Equity  0.13 %  
Current Ratio  1.03 X  
Book Value Per Share  11.11 X  
Cash Flow from Operations  155.05 M  
Short Ratio  6.36 X  
Earnings Per Share  1.65 X  
Price to Earnings To Growth  3.74 X  
Number of Employees  5.3 K  
Beta  1.27  
Market Capitalization  14.88 B  
Total Asset  1.39 B  
Retained Earnings  123.85 M  
Working Capital  68.99 M  
Current Asset  1.34 B  
Current Liabilities  1.27 B 
About Paylocity Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Paylocity Holdings Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paylocity Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paylocity Holdings Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Paylocity Holding Corporation provides cloudbased human capital management and payroll software solutions for workforce in the United States. The company was founded in 1997 and is headquartered in Schaumburg, Illinois. Paylocity Holdings operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5300 people.
Paylocity Holdings Investors Sentiment
The influence of Paylocity Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Paylocity. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Paylocity Holdings' public news can be used to forecast risks associated with investment in Paylocity. The trend in average sentiment can be used to explain how an investor holding Paylocity can time the market purely based on public headlines and social activities around Paylocity Holdings Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Paylocity Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paylocity Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paylocity Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paylocity Holdings.
Paylocity Holdings Implied Volatility  376.42 
Paylocity Holdings' implied volatility exposes the market's sentiment of Paylocity Holdings Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Paylocity Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Paylocity Holdings stock will not fluctuate a lot when Paylocity Holdings' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paylocity Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paylocity Holdings' short interest history, or implied volatility extrapolated from Paylocity Holdings options trading.
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Please check Paylocity Holdings Piotroski F Score and Paylocity Holdings Valuation analysis. Note that the Paylocity Holdings Corp information on this page should be used as a complementary analysis to other Paylocity Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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Is Paylocity Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paylocity Holdings. If investors know Paylocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paylocity Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY 0.29  Market Capitalization 14.7 B  Quarterly Revenue Growth YOY 0.37  Return On Assets 0.0147  Return On Equity 0.17 
The market value of Paylocity Holdings Corp is measured differently than its book value, which is the value of Paylocity that is recorded on the company's balance sheet. Investors also form their own opinion of Paylocity Holdings' value that differs from its market value or its book value, called intrinsic value, which is Paylocity Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paylocity Holdings' market value can be influenced by many factors that don't directly affect Paylocity Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paylocity Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Paylocity Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paylocity Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.