Paychex Inc (PAYX)

NASD · Technology · Software - Application · USA

Paychex Inc is a large cap company (market value between $10 billion and $200 billion) in the Software - Application industry.

Paychex delivers human capital management technology and advisory services to businesses throughout North America and Europe. The company offers integrated platforms spanning payroll processing, HR management, talent acquisition, benefits administration, workforce management, and HR outsourcing. Its solutions combine cloud-based technology with expertise from compliance specialists and human resources advisors.

From its FY2026 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Paychex Inc stock.

Our verdict on PAYX

Undervalued: intrinsic value $168.31 per share, market price $110.75, margin of safety 34.2% (as of 2026-10-19).

A 9.6x revenue multiple, adjusted for growth and margin, values the shares at $168.31; the price of $110.75 is 34% below that value.

Leak Score: 72/100 on 12 of 12 signals (Clear Leak).

ETFs with the most weight in PAYX

17 more funds hold it; the full list is part of the paid plan.

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Is PAYX undervalued or overvalued?

PAYX is undervalued (as of the 2026-10-19 close). A 9.6x revenue multiple, adjusted for growth and margin, values the shares at $168.31; the price of $110.75 is 34% below that value.

What is the intrinsic value of PAYX?

$168.31 per share (as of the 2026-10-19 close), against a market price of $110.75. That is a margin of safety of 34.2%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Paychex Inc's Leak Score?

72 out of 100, which we rate "Clear Leak", on 12 of 12 value investing signals.