PAYCOR HCM INC (PYCR) Stock Fundamental Analysis
NASDAQ:PYCR - Nasdaq - US70435P1021 - Common Stock - Currency: USD
PYCR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 81 industry peers in the Professional Services industry. While PYCR seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, PYCR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PYCR had positive earnings in the past year.
PYCR had a positive operating cash flow in the past year.
In the past 5 years PYCR always reported negative net income.
Each year in the past 5 years PYCR had a positive operating cash flow.
1.2 Ratios
PYCR's Return On Assets of -0.76% is on the low side compared to the rest of the industry. PYCR is outperformed by 68.67% of its industry peers.
Looking at the Return On Equity, with a value of -1.64%, PYCR is doing worse than 68.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.76% | ||
| ROE | -1.64% | ||
| ROIC | N/A |
ROA(3y)-3.25%
ROA(5y)-3.81%
ROE(3y)-7.07%
ROE(5y)-8.34%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PYCR has a Gross Margin of 65.97%. This is in the better half of the industry: PYCR outperforms 77.11% of its industry peers.
PYCR's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for PYCR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 65.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.45%
GM growth 5Y1.09%
2. Health
2.1 Basic Checks
PYCR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for PYCR has been increased compared to 1 year ago.
PYCR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PYCR is higher compared to a year ago.
2.2 Solvency
PYCR has an Altman-Z score of 1.64. This is a bad value and indicates that PYCR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.64, PYCR is doing worse than 63.86% of the companies in the same industry.
There is no outstanding debt for PYCR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 1.64 |
ROIC/WACCN/A
WACC8.98%
2.3 Liquidity
PYCR has a Current Ratio of 1.12. This is a normal value and indicates that PYCR is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.12, PYCR perfoms like the industry average, outperforming 43.37% of the companies in the same industry.
PYCR has a Quick Ratio of 1.12. This is a normal value and indicates that PYCR is financially healthy and should not expect problems in meeting its short term obligations.
PYCR has a Quick ratio (1.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 27.73% over the past year.
Looking at the last year, PYCR shows a quite strong growth in Revenue. The Revenue has grown by 15.73% in the last year.
PYCR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.57% yearly.
EPS 1Y (TTM)27.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.09%
Revenue 1Y (TTM)15.73%
Revenue growth 3Y22.9%
Revenue growth 5Y17.57%
Sales Q2Q%13.1%
3.2 Future
PYCR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.73% yearly.
The Revenue is expected to grow by 12.08% on average over the next years. This is quite good.
EPS Next Y18.26%
EPS Next 2Y14.99%
EPS Next 3Y16.5%
EPS Next 5Y21.73%
Revenue Next Year12.65%
Revenue Next 2Y12.05%
Revenue Next 3Y12.26%
Revenue Next 5Y12.08%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 40.16, which means the current valuation is very expensive for PYCR.
Compared to the rest of the industry, the Price/Earnings ratio of PYCR indicates a slightly more expensive valuation: PYCR is more expensive than 72.29% of the companies listed in the same industry.
PYCR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.20.
With a Price/Forward Earnings ratio of 34.02, PYCR can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, PYCR is valued a bit more expensive than 60.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, PYCR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.16 | ||
| Fwd PE | 34.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PYCR is valued a bit more expensive than 71.08% of the companies in the same industry.
PYCR's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. PYCR is more expensive than 65.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.33 | ||
| EV/EBITDA | 34.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PYCR does not grow enough to justify the current Price/Earnings ratio.
PYCR's earnings are expected to grow with 16.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.2
PEG (5Y)N/A
EPS Next 2Y14.99%
EPS Next 3Y16.5%
5. Dividend
5.1 Amount
PYCR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.49
+0.04 (+0.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners42.91%
Inst Owner Change-5.02%
Ins Owners1.17%
Ins Owner Change-18768%
Market Cap4.09B
Analysts55.24
Price Target22.74 (1.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.63%
Min EPS beat(2)20.66%
Max EPS beat(2)28.59%
EPS beat(4)4
Avg EPS beat(4)17.12%
Min EPS beat(4)3.43%
Max EPS beat(4)28.59%
EPS beat(8)8
Avg EPS beat(8)25.77%
EPS beat(12)12
Avg EPS beat(12)33.54%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.55%
Min Revenue beat(2)-0.14%
Max Revenue beat(2)1.24%
Revenue beat(4)2
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)1.24%
Revenue beat(8)6
Avg Revenue beat(8)0.4%
Revenue beat(12)10
Avg Revenue beat(12)1.28%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)2.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)-1.19%
EPS NY rev (3m)3.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.16 | ||
| Fwd PE | 34.02 | ||
| P/S | 5.84 | ||
| P/FCF | 71.33 | ||
| P/OCF | 34.44 | ||
| P/B | 3.12 | ||
| P/tB | 12.25 | ||
| EV/EBITDA | 34.15 |
EPS(TTM)0.56
EY2.49%
EPS(NY)0.66
Fwd EY2.94%
FCF(TTM)0.32
FCFY1.4%
OCF(TTM)0.65
OCFY2.9%
SpS3.85
BVpS7.2
TBVpS1.84
PEG (NY)2.2
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.76% | ||
| ROE | -1.64% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 65.97% | ||
| FCFM | 8.19% |
ROA(3y)-3.25%
ROA(5y)-3.81%
ROE(3y)-7.07%
ROE(5y)-8.34%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.45%
GM growth 5Y1.09%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 47.16% | ||
| Cap/Sales | 8.77% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 102.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 1.64 |
F-Score6
WACC8.98%
ROIC/WACCN/A
Cap/Depr(3y)42.74%
Cap/Depr(5y)34.82%
Cap/Sales(3y)10.54%
Cap/Sales(5y)10.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.09%
EPS Next Y18.26%
EPS Next 2Y14.99%
EPS Next 3Y16.5%
EPS Next 5Y21.73%
Revenue 1Y (TTM)15.73%
Revenue growth 3Y22.9%
Revenue growth 5Y17.57%
Sales Q2Q%13.1%
Revenue Next Year12.65%
Revenue Next 2Y12.05%
Revenue Next 3Y12.26%
Revenue Next 5Y12.08%
EBIT growth 1Y83.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year128.22%
EBIT Next 3Y44.32%
EBIT Next 5Y41.74%
FCF growth 1Y324.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y383.14%
OCF growth 3Y102.92%
OCF growth 5YN/A