Nice (NICE) vs Paylocity Holding Corporation (PCTY)

Nice and Paylocity Holding Corporation are both Software Application companies. Paylocity Holding Corporation is the larger, with a market value of $7.6B against $6.6B — 1.1× the size. Nice trades at the lower P/E: 16.2× against 28.6×. Paylocity Holding Corporation grew revenue faster over the last twelve months: 11.0% against 8.14%. Paylocity Holding Corporation has the higher net margin (15.2% vs 13.9%) and the higher return on invested capital (23.4% vs 10.4%). Across the 22 metrics below, Nice leads on 13 and Paylocity Holding Corporation on 9.

Valuation

Metric NICE PCTY Software Application median
P/E 16.18 28.62 24.79
P/S 2.16 4.37 2.67
P/B 1.71 6.34 3.01
Price to free cash flow 11.79 18.09 16.59
EV/EBITDA 8.88 16.84 14.40
EV/Sales 2.34 4.26 2.62
Earnings yield 6.18% 3.49% 0.00%
Free cash flow yield 8.48% 5.53% 1.91%

Profitability

Metric NICE PCTY Software Application median
Gross margin 65.12% 69.19% 67.03%
Operating margin 18.50% 21.79% 0.00%
Net margin 13.86% 15.23% 0.00%
Free cash flow margin 18.29% 24.15% 4.32%
Return on equity 0.00% 21.97% 0.00%
Return on assets 8.16% 5.82% 0.00%
Return on invested capital 10.37% 23.40% 0.00%

Growth

Metric NICE PCTY Software Application median
Revenue growth (TTM) 8.14% 11.04% 12.40%
EPS growth (last fiscal year) 43.05% 22.39% —
Revenue growth, 5-year CAGR 12.31% 22.75% 13.72%
Net income growth, 5-year CAGR 25.53% 30.89% 0.00%

Health

Metric NICE PCTY Software Application median
Debt to equity 0.00 0.07 0.02
Current ratio 1.33 1.09 1.55
Net debt to EBITDA (0.49) (0.43) 0.06

Dividend

Metric NICE PCTY Software Application median
Dividend yield 0.01% — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric NICE PCTY Software Application median
Market cap 6.64b 7.56b 396.11m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack