Added to YB: 2026-06-09
Pitch date: 2026-06-06
PAYC [bullish]
Paycom Software, Inc.
+19.64%
current return
Author Info
Company Info
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.
Market Cap
$6.8B
Pitch Price
$135.01
Price Target
N/A
Dividend
1.02%
EV/EBITDA
10.68
P/E
17.11
EV/Sales
3.55
Sector
Professional Services
Category
growth
Paycom Software, Inc. ($PAYC)
PAYC: Founder-led (Richison 12.4%) payroll-first HCM on single database; automation via Beti/GONE/IWant cuts client HR labor but may cannibalize revenue. 2025 rev $2.05B (+9%), 83% GM, 22% net margin, ~48% adj EBITDA. Q1'26 rev +7.8%. Buybacks cut shares 54.8M→46.6M. Bull: automation moat re-accelerates growth; bear: 5-7% GDP-like growth, float income falling, EPS only from buybacks. Watch retention 91%+, recurring rev ex-float.
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